[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:01.46,0:00:05.79,Default,,0000,0000,0000,,So I stand before you\Nas an evolutionary biologist, Dialogue: 0,0:00:05.83,0:00:08.14,Default,,0000,0000,0000,,a professor of evolutionary biology, Dialogue: 0,0:00:08.17,0:00:13.18,Default,,0000,0000,0000,,which sounds like a rather fancy title,\Nif I may say so myself. Dialogue: 0,0:00:13.21,0:00:15.68,Default,,0000,0000,0000,,And I'm going to talk about two topics Dialogue: 0,0:00:15.71,0:00:17.83,Default,,0000,0000,0000,,that aren't normally\Ntalked about together, Dialogue: 0,0:00:19.04,0:00:22.10,Default,,0000,0000,0000,,and that's market economies and fungi. Dialogue: 0,0:00:22.12,0:00:26.23,Default,,0000,0000,0000,,Or is it fun-GUY, or,\Nas we say in Europe now, fun-GEE? Dialogue: 0,0:00:26.25,0:00:29.54,Default,,0000,0000,0000,,There's still no consensus\Non how to say this word. Dialogue: 0,0:00:30.96,0:00:35.98,Default,,0000,0000,0000,,So I want you to imagine a market economy Dialogue: 0,0:00:36.00,0:00:39.64,Default,,0000,0000,0000,,that's 400 million years old, Dialogue: 0,0:00:39.67,0:00:45.48,Default,,0000,0000,0000,,one that's so ubiquitous that it operates\Nin almost every ecosystem of the world, Dialogue: 0,0:00:45.50,0:00:51.73,Default,,0000,0000,0000,,so huge that it can connect\Nmillions of traders simultaneously, Dialogue: 0,0:00:51.75,0:00:53.52,Default,,0000,0000,0000,,and so persistent Dialogue: 0,0:00:53.54,0:00:56.35,Default,,0000,0000,0000,,that it survived mass extinctions. Dialogue: 0,0:00:56.38,0:00:59.85,Default,,0000,0000,0000,,It's here, right now, under our feet. Dialogue: 0,0:00:59.88,0:01:01.38,Default,,0000,0000,0000,,You just can't see it. Dialogue: 0,0:01:02.08,0:01:05.14,Default,,0000,0000,0000,,And unlike human economies Dialogue: 0,0:01:05.17,0:01:08.27,Default,,0000,0000,0000,,that rely on cognition to make decisions, Dialogue: 0,0:01:08.29,0:01:12.64,Default,,0000,0000,0000,,traders in this market,\Nthey beg, borrow, steal, cheat, Dialogue: 0,0:01:12.67,0:01:14.73,Default,,0000,0000,0000,,all in the absence of thought. Dialogue: 0,0:01:14.75,0:01:16.52,Default,,0000,0000,0000,,So hidden from our eyes, Dialogue: 0,0:01:16.54,0:01:20.35,Default,,0000,0000,0000,,plant roots are colonized by a fungus\Ncalled arbuscule mycorrhizae. Dialogue: 0,0:01:20.38,0:01:23.85,Default,,0000,0000,0000,,Now the fungus forms\Nthese complex networks underground Dialogue: 0,0:01:23.88,0:01:28.10,Default,,0000,0000,0000,,of fine filaments\Nthinner than even threads of cotton. Dialogue: 0,0:01:28.12,0:01:30.10,Default,,0000,0000,0000,,So follow one of these fungi, Dialogue: 0,0:01:30.12,0:01:32.96,Default,,0000,0000,0000,,and it connects multiple\Nplants simultaneously. Dialogue: 0,0:01:33.79,0:01:37.56,Default,,0000,0000,0000,,You can think of it\Nas an underground subway system, Dialogue: 0,0:01:37.58,0:01:40.06,Default,,0000,0000,0000,,where each root is a station, Dialogue: 0,0:01:40.08,0:01:43.35,Default,,0000,0000,0000,,where resources are loaded and unloaded. Dialogue: 0,0:01:43.38,0:01:45.43,Default,,0000,0000,0000,,And it's also very dense, Dialogue: 0,0:01:45.46,0:01:50.64,Default,,0000,0000,0000,,so roughly the length\Nof many meters, even a kilometer, Dialogue: 0,0:01:50.67,0:01:52.23,Default,,0000,0000,0000,,in a single gram of dirt. Dialogue: 0,0:01:52.25,0:01:57.31,Default,,0000,0000,0000,,So that's the length of 10 football fields Dialogue: 0,0:01:57.33,0:01:59.48,Default,,0000,0000,0000,,in just a thimbleful of soil. Dialogue: 0,0:01:59.50,0:02:00.77,Default,,0000,0000,0000,,And it's everywhere. Dialogue: 0,0:02:00.79,0:02:06.77,Default,,0000,0000,0000,,So if you passed over a tree,\Na shrub, a vine, even a tiny weed, Dialogue: 0,0:02:06.79,0:02:09.73,Default,,0000,0000,0000,,you passed over a mycorrhizal network. Dialogue: 0,0:02:09.75,0:02:13.43,Default,,0000,0000,0000,,Roughly 80 percent of all plant species Dialogue: 0,0:02:13.46,0:02:17.27,Default,,0000,0000,0000,,are associated with these\Nmycorrhizal fungi. Dialogue: 0,0:02:17.29,0:02:21.14,Default,,0000,0000,0000,,So what does a root covered in fungi Dialogue: 0,0:02:21.17,0:02:23.81,Default,,0000,0000,0000,,have to do with our global economy? Dialogue: 0,0:02:23.83,0:02:28.39,Default,,0000,0000,0000,,And why as an evolutionary biologist\Nhave I spent the last 10 years of my life Dialogue: 0,0:02:28.42,0:02:30.77,Default,,0000,0000,0000,,learning economic jargon? Dialogue: 0,0:02:30.79,0:02:33.21,Default,,0000,0000,0000,,Well, the first thing\Nyou need to understand Dialogue: 0,0:02:36.17,0:02:38.68,Default,,0000,0000,0000,,is that trade deals\Nmade by plant and fungal partners Dialogue: 0,0:02:38.71,0:02:40.89,Default,,0000,0000,0000,,are surprisingly similar Dialogue: 0,0:02:40.92,0:02:43.14,Default,,0000,0000,0000,,to those made by us, Dialogue: 0,0:02:43.17,0:02:45.56,Default,,0000,0000,0000,,but perhaps even more strategic. Dialogue: 0,0:02:45.58,0:02:47.31,Default,,0000,0000,0000,,You see, plant and fungal partners, Dialogue: 0,0:02:47.33,0:02:51.73,Default,,0000,0000,0000,,they're not exchanging stocks and bonds, Dialogue: 0,0:02:51.75,0:02:54.18,Default,,0000,0000,0000,,they're exchanging essential resources, Dialogue: 0,0:02:54.21,0:02:57.23,Default,,0000,0000,0000,,and for the fungus,\Nthat's sugars and fats. Dialogue: 0,0:02:57.25,0:03:01.81,Default,,0000,0000,0000,,It gets all of its carbon\Ndirectly from the plant partner. Dialogue: 0,0:03:01.83,0:03:07.14,Default,,0000,0000,0000,,So much carbon, so every year,\Nroughly five billion tons of carbon Dialogue: 0,0:03:07.17,0:03:11.68,Default,,0000,0000,0000,,from plants go into\Nthis network underground. Dialogue: 0,0:03:11.71,0:03:16.68,Default,,0000,0000,0000,,For the root, what they need\Nis phosphorus and nitrogen, Dialogue: 0,0:03:16.71,0:03:18.52,Default,,0000,0000,0000,,so by exchanging their carbon Dialogue: 0,0:03:18.54,0:03:23.71,Default,,0000,0000,0000,,they get access to all of the nutrients\Ncollected by that fungal network. Dialogue: 0,0:03:24.75,0:03:26.68,Default,,0000,0000,0000,,So to make the trade, Dialogue: 0,0:03:26.71,0:03:31.43,Default,,0000,0000,0000,,the fungus penetrates\Ninto the root cell of the host Dialogue: 0,0:03:31.46,0:03:35.18,Default,,0000,0000,0000,,and forms a tiny structure\Ncalled an arbuscule, Dialogue: 0,0:03:35.21,0:03:37.85,Default,,0000,0000,0000,,which is Latin for "little tree." Dialogue: 0,0:03:37.88,0:03:42.18,Default,,0000,0000,0000,,Now, you can think of this\Nas the physical stock exchange Dialogue: 0,0:03:42.21,0:03:43.48,Default,,0000,0000,0000,,of the trade market. Dialogue: 0,0:03:43.50,0:03:46.68,Default,,0000,0000,0000,,So up until now, it seems very harmonious. Dialogue: 0,0:03:46.71,0:03:49.56,Default,,0000,0000,0000,,Right? I scratch your back,\Nyou scratch mine, Dialogue: 0,0:03:49.58,0:03:51.73,Default,,0000,0000,0000,,both partners get what they need. Dialogue: 0,0:03:51.75,0:03:54.93,Default,,0000,0000,0000,,But here is where we need to pause Dialogue: 0,0:03:54.96,0:03:59.85,Default,,0000,0000,0000,,and understand the power\Nof evolution and natural selection. Dialogue: 0,0:03:59.88,0:04:04.93,Default,,0000,0000,0000,,You see, there's no room\Nfor amateur traders on this market. Dialogue: 0,0:04:04.96,0:04:07.73,Default,,0000,0000,0000,,Making the right trade strategy Dialogue: 0,0:04:07.75,0:04:10.96,Default,,0000,0000,0000,,determines who lives and who dies. Dialogue: 0,0:04:12.42,0:04:15.00,Default,,0000,0000,0000,,Now, I use the word strategy, Dialogue: 0,0:04:16.08,0:04:19.56,Default,,0000,0000,0000,,but of course plant and fungi,\Nthey don't have brains. Dialogue: 0,0:04:19.58,0:04:21.06,Default,,0000,0000,0000,,They're making these exchanges Dialogue: 0,0:04:21.08,0:04:24.71,Default,,0000,0000,0000,,in the absence of anything\Nthat we would consider as thought. Dialogue: 0,0:04:26.50,0:04:30.85,Default,,0000,0000,0000,,But, as scientists,\Nwe use behavioral terms Dialogue: 0,0:04:30.88,0:04:34.14,Default,,0000,0000,0000,,such as strategy Dialogue: 0,0:04:34.17,0:04:38.27,Default,,0000,0000,0000,,to describe behaviors\Nto certain conditions, Dialogue: 0,0:04:38.29,0:04:40.39,Default,,0000,0000,0000,,actions and reactions Dialogue: 0,0:04:40.42,0:04:45.58,Default,,0000,0000,0000,,that are actually programmed\Ninto the DNA of the organism. Dialogue: 0,0:04:46.46,0:04:49.23,Default,,0000,0000,0000,,So I started studying\Nthese trade strategies Dialogue: 0,0:04:49.25,0:04:51.81,Default,,0000,0000,0000,,when I was 19 years old Dialogue: 0,0:04:51.83,0:04:55.35,Default,,0000,0000,0000,,and I was living in\Nthe tropical rainforests of Panama. Dialogue: 0,0:04:55.38,0:05:01.52,Default,,0000,0000,0000,,Now, everybody at the time was interested\Nin this incredible diversity aboveground. Dialogue: 0,0:05:01.54,0:05:04.81,Default,,0000,0000,0000,,And it was hyperdiversity.\NThese are tropical rainforests. Dialogue: 0,0:05:04.83,0:05:08.48,Default,,0000,0000,0000,,But I was interested\Nin the complexity belowground. Dialogue: 0,0:05:08.50,0:05:11.89,Default,,0000,0000,0000,,We knew that the networks existed,\Nand we knew they were important, Dialogue: 0,0:05:11.92,0:05:14.85,Default,,0000,0000,0000,,and I'm going to say it again,\Nby important I mean important, Dialogue: 0,0:05:14.88,0:05:17.56,Default,,0000,0000,0000,,so the basis of all plant nutrition Dialogue: 0,0:05:17.58,0:05:20.79,Default,,0000,0000,0000,,for all the diversity\Nthat you do see aboveground. Dialogue: 0,0:05:22.08,0:05:26.60,Default,,0000,0000,0000,,But at the time, we didn't know\Nhow these networks worked. Dialogue: 0,0:05:26.62,0:05:28.81,Default,,0000,0000,0000,,We didn't know how they functioned. Dialogue: 0,0:05:28.83,0:05:33.89,Default,,0000,0000,0000,,Why did only certain plants\Ninteract with certain fungi? Dialogue: 0,0:05:33.92,0:05:36.60,Default,,0000,0000,0000,,So fast-forward to when\NI started my own group, Dialogue: 0,0:05:36.62,0:05:39.77,Default,,0000,0000,0000,,and we really began to play\Nwith this trade market. Dialogue: 0,0:05:39.79,0:05:41.85,Default,,0000,0000,0000,,You see, we would manipulate conditions. Dialogue: 0,0:05:41.88,0:05:45.89,Default,,0000,0000,0000,,We would create a good trading partner\Nby growing a plant in the sun Dialogue: 0,0:05:45.92,0:05:48.93,Default,,0000,0000,0000,,and a poor trading partner\Nby growing it in the shade. Dialogue: 0,0:05:48.96,0:05:52.23,Default,,0000,0000,0000,,We would then connect these\Nwith a fungal network. Dialogue: 0,0:05:52.25,0:05:55.93,Default,,0000,0000,0000,,And we found that the fungi\Nwere consistently good Dialogue: 0,0:05:55.96,0:06:00.10,Default,,0000,0000,0000,,at discriminating among\Ngood and bad trading partners. Dialogue: 0,0:06:00.12,0:06:05.00,Default,,0000,0000,0000,,They would allocate more resources\Nto the host plant giving them more carbon. Dialogue: 0,0:06:06.04,0:06:08.81,Default,,0000,0000,0000,,Now, we would run\Nthe reciprocal experiments Dialogue: 0,0:06:08.83,0:06:12.64,Default,,0000,0000,0000,,where we would inoculate a host plant\Nwith good and bad fungi, Dialogue: 0,0:06:12.67,0:06:16.83,Default,,0000,0000,0000,,and they were also good at discriminating\Nbetween these trade partners. Dialogue: 0,0:06:17.75,0:06:24.10,Default,,0000,0000,0000,,So what you have there is the perfect\Nconditions for a market to emerge. Dialogue: 0,0:06:24.12,0:06:26.02,Default,,0000,0000,0000,,It's a simple market, Dialogue: 0,0:06:26.04,0:06:28.23,Default,,0000,0000,0000,,but it's a market nonetheless, Dialogue: 0,0:06:28.25,0:06:32.33,Default,,0000,0000,0000,,where the better trading partner\Nis consistently favored. Dialogue: 0,0:06:33.71,0:06:35.18,Default,,0000,0000,0000,,But is it a fair market? Dialogue: 0,0:06:35.21,0:06:38.93,Default,,0000,0000,0000,,Now this is where you need\Nto understand that, like humans, Dialogue: 0,0:06:38.96,0:06:43.17,Default,,0000,0000,0000,,plants and fungi\Nare incredibly opportunistic. Dialogue: 0,0:06:44.25,0:06:49.27,Default,,0000,0000,0000,,There's evidence that the fungus,\Nonce it penetrates into the plant cell, Dialogue: 0,0:06:49.29,0:06:54.39,Default,,0000,0000,0000,,it can actually hijack the plant's\Nown nutrient uptake system. Dialogue: 0,0:06:54.42,0:06:57.48,Default,,0000,0000,0000,,It does this by suppressing\Nthe plant's own ability Dialogue: 0,0:06:57.50,0:07:00.60,Default,,0000,0000,0000,,to take up nutrients from the soil. Dialogue: 0,0:07:00.62,0:07:05.23,Default,,0000,0000,0000,,So this creates a dependency\Nof the plant on the fungus. Dialogue: 0,0:07:05.25,0:07:08.18,Default,,0000,0000,0000,,It's a false addiction, of sorts, Dialogue: 0,0:07:08.21,0:07:10.89,Default,,0000,0000,0000,,whereby the plant has to feed the fungus Dialogue: 0,0:07:10.92,0:07:15.25,Default,,0000,0000,0000,,just to get access to the resources\Nright around its own root. Dialogue: 0,0:07:16.33,0:07:21.93,Default,,0000,0000,0000,,There's also evidence that the fungi are\Ngood at inflating the price of nutrients. Dialogue: 0,0:07:21.96,0:07:26.14,Default,,0000,0000,0000,,They do this by extracting\Nthe nutrients from the soil, Dialogue: 0,0:07:26.17,0:07:29.27,Default,,0000,0000,0000,,but then rather than\Ntrading them with the host, Dialogue: 0,0:07:29.29,0:07:31.52,Default,,0000,0000,0000,,they hoard them in their network, Dialogue: 0,0:07:31.54,0:07:37.04,Default,,0000,0000,0000,,so this makes them unavailable\Nto the plant and other competing fungi. Dialogue: 0,0:07:37.79,0:07:39.31,Default,,0000,0000,0000,,So basic economics, Dialogue: 0,0:07:39.33,0:07:43.48,Default,,0000,0000,0000,,as resource availability goes down,\Nthe value goes up. Dialogue: 0,0:07:43.50,0:07:48.43,Default,,0000,0000,0000,,The plant is forced to pay more\Nfor the same amount of resources. Dialogue: 0,0:07:48.46,0:07:51.68,Default,,0000,0000,0000,,But it's not all in favor of the fungus. Dialogue: 0,0:07:51.71,0:07:54.98,Default,,0000,0000,0000,,Plants can be extremely cunning as well. Dialogue: 0,0:07:55.00,0:07:56.31,Default,,0000,0000,0000,,There are some orchids -- Dialogue: 0,0:07:56.33,0:07:59.27,Default,,0000,0000,0000,,and I always think orchids somehow\Nseem like the most devious Dialogue: 0,0:07:59.29,0:08:01.18,Default,,0000,0000,0000,,of the plant species in the world -- Dialogue: 0,0:08:01.21,0:08:03.56,Default,,0000,0000,0000,,and there are some orchids Dialogue: 0,0:08:03.58,0:08:07.39,Default,,0000,0000,0000,,that just tap directly into the network Dialogue: 0,0:08:07.42,0:08:09.81,Default,,0000,0000,0000,,and steal all their carbon. Dialogue: 0,0:08:09.83,0:08:14.27,Default,,0000,0000,0000,,So these orchids, they don't even make\Ngreen leaves to photosynthesize. Dialogue: 0,0:08:14.29,0:08:15.64,Default,,0000,0000,0000,,They're just white. Dialogue: 0,0:08:15.67,0:08:17.81,Default,,0000,0000,0000,,So rather than photosynthesizing, Dialogue: 0,0:08:17.83,0:08:19.27,Default,,0000,0000,0000,,tap into the network, Dialogue: 0,0:08:19.29,0:08:20.73,Default,,0000,0000,0000,,steal the carbon Dialogue: 0,0:08:20.75,0:08:22.62,Default,,0000,0000,0000,,and give nothing in return. Dialogue: 0,0:08:23.58,0:08:26.35,Default,,0000,0000,0000,,Now I think it's fair to say\Nthat these types of parasites Dialogue: 0,0:08:26.38,0:08:28.93,Default,,0000,0000,0000,,also flourish in our human markets. Dialogue: 0,0:08:28.96,0:08:32.89,Default,,0000,0000,0000,,So as we began to decode these strategies, Dialogue: 0,0:08:32.92,0:08:34.77,Default,,0000,0000,0000,,we learned some lessons. Dialogue: 0,0:08:34.79,0:08:40.10,Default,,0000,0000,0000,,And the first one was that\Nthere's no altruism in this system. Dialogue: 0,0:08:40.12,0:08:42.02,Default,,0000,0000,0000,,There's no trade favors. Dialogue: 0,0:08:42.04,0:08:45.68,Default,,0000,0000,0000,,We don't see strong evidence Dialogue: 0,0:08:45.71,0:08:50.48,Default,,0000,0000,0000,,of the fungus helping\Ndying or struggling plants Dialogue: 0,0:08:50.50,0:08:56.88,Default,,0000,0000,0000,,unless it directly benefits\Nthe fungus itself. Dialogue: 0,0:08:58.33,0:09:01.43,Default,,0000,0000,0000,,Now I'm not saying\Nif this is good or bad. Dialogue: 0,0:09:01.46,0:09:05.98,Default,,0000,0000,0000,,Unlike humans, a fungus, of course,\Ncannot judge its own morality. Dialogue: 0,0:09:06.00,0:09:07.27,Default,,0000,0000,0000,,And as a biologist, Dialogue: 0,0:09:07.29,0:09:14.06,Default,,0000,0000,0000,,I'm not advocating for these types\Nof ruthless neoliberal market dynamics Dialogue: 0,0:09:14.08,0:09:15.67,Default,,0000,0000,0000,,enacted by the fungi. Dialogue: 0,0:09:18.00,0:09:19.75,Default,,0000,0000,0000,,But the trade system, Dialogue: 0,0:09:21.25,0:09:23.38,Default,,0000,0000,0000,,it provides us with a benchmark Dialogue: 0,0:09:24.83,0:09:28.18,Default,,0000,0000,0000,,to study what an economy looks like Dialogue: 0,0:09:28.21,0:09:31.02,Default,,0000,0000,0000,,when it's been shaped by natural selection Dialogue: 0,0:09:31.04,0:09:34.68,Default,,0000,0000,0000,,for hundreds of millions of years Dialogue: 0,0:09:34.71,0:09:37.35,Default,,0000,0000,0000,,in the absence of morality, Dialogue: 0,0:09:37.38,0:09:39.93,Default,,0000,0000,0000,,when strategies are just based Dialogue: 0,0:09:39.96,0:09:44.81,Default,,0000,0000,0000,,on the gathering and processing\Nof information, Dialogue: 0,0:09:44.83,0:09:47.27,Default,,0000,0000,0000,,uncontaminated by cognition: Dialogue: 0,0:09:47.29,0:09:49.81,Default,,0000,0000,0000,,no jealousy, no spite, Dialogue: 0,0:09:49.83,0:09:51.71,Default,,0000,0000,0000,,but no hope, no joy. Dialogue: 0,0:09:52.58,0:09:54.98,Default,,0000,0000,0000,,So we've made progress Dialogue: 0,0:09:55.00,0:09:59.56,Default,,0000,0000,0000,,in decoding the most basic\Ntrade principles at this point, Dialogue: 0,0:09:59.58,0:10:02.73,Default,,0000,0000,0000,,but as scientists we always\Nwant to take it one step further, Dialogue: 0,0:10:02.75,0:10:07.50,Default,,0000,0000,0000,,and we're interested in more complex\Neconomic dilemmas. Dialogue: 0,0:10:08.42,0:10:12.50,Default,,0000,0000,0000,,And specifically we're interested\Nin the effects of inequality. Dialogue: 0,0:10:13.50,0:10:19.18,Default,,0000,0000,0000,,So inequality has really become\Na defining feature Dialogue: 0,0:10:19.21,0:10:21.54,Default,,0000,0000,0000,,of today's economic landscape. Dialogue: 0,0:10:22.33,0:10:24.81,Default,,0000,0000,0000,,But the challenges of inequality Dialogue: 0,0:10:24.83,0:10:27.48,Default,,0000,0000,0000,,are not unique to the human world. Dialogue: 0,0:10:27.50,0:10:31.27,Default,,0000,0000,0000,,I think as humans we tend to think\Nthat everything's unique to us, Dialogue: 0,0:10:31.29,0:10:33.93,Default,,0000,0000,0000,,but organisms in nature Dialogue: 0,0:10:33.96,0:10:39.23,Default,,0000,0000,0000,,must face relentless variation\Nin their access to resources. Dialogue: 0,0:10:39.25,0:10:42.52,Default,,0000,0000,0000,,How does a fungus\Nthat can again be meters long Dialogue: 0,0:10:42.54,0:10:47.43,Default,,0000,0000,0000,,change its trade strategy\Nwhen it's exposed simultaneously Dialogue: 0,0:10:47.46,0:10:50.39,Default,,0000,0000,0000,,to a rich patch and a poor patch? Dialogue: 0,0:10:50.42,0:10:51.68,Default,,0000,0000,0000,,And, more generally, Dialogue: 0,0:10:51.71,0:10:54.98,Default,,0000,0000,0000,,how do organisms in nature\Nuse trade to their advantage Dialogue: 0,0:10:55.00,0:10:57.73,Default,,0000,0000,0000,,when they're faced with uncertainty Dialogue: 0,0:10:57.75,0:11:00.27,Default,,0000,0000,0000,,in terms of their access to resources? Dialogue: 0,0:11:00.29,0:11:02.48,Default,,0000,0000,0000,,Here's where I have\Nto let you in on a secret: Dialogue: 0,0:11:02.50,0:11:07.39,Default,,0000,0000,0000,,studying trade underground\Nis incredibly difficult. Dialogue: 0,0:11:07.42,0:11:13.43,Default,,0000,0000,0000,,You can't see where or when\Nimportant trade deals take place. Dialogue: 0,0:11:13.46,0:11:17.43,Default,,0000,0000,0000,,So our group helped pioneer\Na method, a technology, Dialogue: 0,0:11:17.46,0:11:22.10,Default,,0000,0000,0000,,whereby we could tag nutrients\Nwith nanoparticles, Dialogue: 0,0:11:22.12,0:11:26.06,Default,,0000,0000,0000,,fluorescing nanoparticles\Ncalled quantum dots. Dialogue: 0,0:11:26.08,0:11:28.48,Default,,0000,0000,0000,,What the quantum dots allow us to do Dialogue: 0,0:11:28.50,0:11:31.35,Default,,0000,0000,0000,,is actually light up the nutrients Dialogue: 0,0:11:31.38,0:11:34.52,Default,,0000,0000,0000,,so we can visually track their movements Dialogue: 0,0:11:34.54,0:11:36.93,Default,,0000,0000,0000,,across the fungal network Dialogue: 0,0:11:36.96,0:11:39.10,Default,,0000,0000,0000,,and into the host root. Dialogue: 0,0:11:39.12,0:11:42.77,Default,,0000,0000,0000,,So this allows us finally\Nto see the unseen, Dialogue: 0,0:11:42.79,0:11:48.10,Default,,0000,0000,0000,,so we can study how fungi bargain\Nat a small scale with their plant hosts. Dialogue: 0,0:11:48.12,0:11:49.77,Default,,0000,0000,0000,,So to study inequality, Dialogue: 0,0:11:49.79,0:11:51.93,Default,,0000,0000,0000,,we exposed a fungal network Dialogue: 0,0:11:51.96,0:11:55.85,Default,,0000,0000,0000,,to these varying concentrations\Nof fluorescing phosphorus, Dialogue: 0,0:11:55.88,0:11:59.56,Default,,0000,0000,0000,,mimicking patches\Nof abundance and scarcity Dialogue: 0,0:11:59.58,0:12:01.58,Default,,0000,0000,0000,,across this artificial landscape. Dialogue: 0,0:12:02.46,0:12:05.58,Default,,0000,0000,0000,,We then carefully quantified fungal trade. Dialogue: 0,0:12:07.17,0:12:08.75,Default,,0000,0000,0000,,And we found two things. Dialogue: 0,0:12:09.67,0:12:11.35,Default,,0000,0000,0000,,The first thing we found Dialogue: 0,0:12:11.38,0:12:16.12,Default,,0000,0000,0000,,was that inequality encouraged\Nthe fungus to trade more. Dialogue: 0,0:12:17.33,0:12:22.06,Default,,0000,0000,0000,,So I can use the word "encouraged"\Nor "stimulated" or "forced," Dialogue: 0,0:12:22.08,0:12:25.35,Default,,0000,0000,0000,,but the bottom line is\Nthat compared to control conditions, Dialogue: 0,0:12:25.38,0:12:29.62,Default,,0000,0000,0000,,inequality was associated\Nwith higher levels of trade. Dialogue: 0,0:12:31.29,0:12:33.14,Default,,0000,0000,0000,,This is important, Dialogue: 0,0:12:33.17,0:12:38.31,Default,,0000,0000,0000,,because it suggests that evolving\Na trade partnership in nature Dialogue: 0,0:12:38.33,0:12:42.88,Default,,0000,0000,0000,,can help organisms cope with\Nthe uncertainty of accessing resources. Dialogue: 0,0:12:43.83,0:12:49.38,Default,,0000,0000,0000,,Second, we found that,\Nexposed to inequality, Dialogue: 0,0:12:50.79,0:12:55.73,Default,,0000,0000,0000,,the fungus would move resources\Nfrom the rich patch of the network, Dialogue: 0,0:12:55.75,0:12:59.89,Default,,0000,0000,0000,,actively transport them\Nto the poor side of the network. Dialogue: 0,0:12:59.92,0:13:01.56,Default,,0000,0000,0000,,Now, of course, we could see this Dialogue: 0,0:13:01.58,0:13:04.48,Default,,0000,0000,0000,,because the patches\Nwere fluorescing in different colors. Dialogue: 0,0:13:04.50,0:13:09.00,Default,,0000,0000,0000,,So at first, this result\Nwas incredibly puzzling. Dialogue: 0,0:13:10.04,0:13:13.89,Default,,0000,0000,0000,,Was it to help\Nthe poor side of the network? Dialogue: 0,0:13:13.92,0:13:19.77,Default,,0000,0000,0000,,No. We found that the fungus gained more\Nby first moving the resources Dialogue: 0,0:13:19.79,0:13:22.35,Default,,0000,0000,0000,,to where demand was higher. Dialogue: 0,0:13:22.38,0:13:28.73,Default,,0000,0000,0000,,Simply by changing where\Nacross the network the fungus was trading, Dialogue: 0,0:13:28.75,0:13:32.08,Default,,0000,0000,0000,,it could manipulate\Nthe value of those resources. Dialogue: 0,0:13:33.38,0:13:39.60,Default,,0000,0000,0000,,Now this stimulated us to really\Ndig deeper into how information is shared. Dialogue: 0,0:13:39.62,0:13:42.31,Default,,0000,0000,0000,,It suggests a high level\Nof sophistication, Dialogue: 0,0:13:42.33,0:13:45.48,Default,,0000,0000,0000,,or at least a medium level\Nof sophistication Dialogue: 0,0:13:45.50,0:13:48.60,Default,,0000,0000,0000,,in an organism with no cognition. Dialogue: 0,0:13:48.62,0:13:54.02,Default,,0000,0000,0000,,How is it that a fungus can sense\Nmarket conditions across its network Dialogue: 0,0:13:54.04,0:13:58.06,Default,,0000,0000,0000,,and then make calculations\Nof where and when to trade? Dialogue: 0,0:13:58.08,0:14:02.64,Default,,0000,0000,0000,,So we wanted to look about information\Nand how it's shared across this network, Dialogue: 0,0:14:02.67,0:14:05.29,Default,,0000,0000,0000,,how the fungus integrates cues. Dialogue: 0,0:14:07.21,0:14:12.60,Default,,0000,0000,0000,,So to do that, what you need to do is\Ndive deep in and get a higher resolution Dialogue: 0,0:14:12.62,0:14:14.38,Default,,0000,0000,0000,,into the network itself. Dialogue: 0,0:14:15.38,0:14:19.77,Default,,0000,0000,0000,,We began to study complex flows\Ninside the hyphal network. Dialogue: 0,0:14:19.79,0:14:23.98,Default,,0000,0000,0000,,So what you're looking at right now\Nis a living fungal network Dialogue: 0,0:14:24.00,0:14:28.10,Default,,0000,0000,0000,,with the cellular contents\Nmoving across it. Dialogue: 0,0:14:28.12,0:14:30.06,Default,,0000,0000,0000,,This is happening in real time, Dialogue: 0,0:14:30.08,0:14:32.43,Default,,0000,0000,0000,,so you can see the time stamp up there. Dialogue: 0,0:14:32.46,0:14:35.14,Default,,0000,0000,0000,,So this is happening right now.\NThis video isn't sped up. Dialogue: 0,0:14:35.17,0:14:37.60,Default,,0000,0000,0000,,This is what is happening\Nunder our feet right now. Dialogue: 0,0:14:37.62,0:14:40.93,Default,,0000,0000,0000,,And there's a couple of things\Nthat I want you to notice. Dialogue: 0,0:14:40.96,0:14:45.56,Default,,0000,0000,0000,,It speeds up, it slows down,\Nit switches directions. Dialogue: 0,0:14:45.58,0:14:48.35,Default,,0000,0000,0000,,So we're working now with biophysicists Dialogue: 0,0:14:48.38,0:14:51.77,Default,,0000,0000,0000,,to try to dissect this complexity. Dialogue: 0,0:14:51.79,0:14:55.77,Default,,0000,0000,0000,,How is the fungus using\Nthese complex flow patterns Dialogue: 0,0:14:55.79,0:14:58.43,Default,,0000,0000,0000,,to share and process information Dialogue: 0,0:14:58.46,0:15:00.62,Default,,0000,0000,0000,,and make these trade decisions? Dialogue: 0,0:15:01.88,0:15:07.29,Default,,0000,0000,0000,,Are fungi better at making\Ntrade calculations than us? Dialogue: 0,0:15:08.25,0:15:12.23,Default,,0000,0000,0000,,Now here's where we can potentially\Nborrow models from nature. Dialogue: 0,0:15:12.25,0:15:15.56,Default,,0000,0000,0000,,We're increasingly reliant\Non computer algorithms Dialogue: 0,0:15:15.58,0:15:20.18,Default,,0000,0000,0000,,to make us profitable trades\Nin split-second time scales. Dialogue: 0,0:15:20.21,0:15:23.77,Default,,0000,0000,0000,,But computer algorithms and fungi, Dialogue: 0,0:15:23.79,0:15:27.58,Default,,0000,0000,0000,,they both operate in similar,\Nuncognitive ways. Dialogue: 0,0:15:28.88,0:15:32.10,Default,,0000,0000,0000,,The fungi just happens to be\Na living machine. Dialogue: 0,0:15:32.12,0:15:35.43,Default,,0000,0000,0000,,What would happen\Nif we compare and compete Dialogue: 0,0:15:35.46,0:15:38.60,Default,,0000,0000,0000,,the trading strategies of these two? Dialogue: 0,0:15:38.62,0:15:39.98,Default,,0000,0000,0000,,Who would win? Dialogue: 0,0:15:40.00,0:15:43.48,Default,,0000,0000,0000,,The tiny capitalist that's been around Dialogue: 0,0:15:43.50,0:15:48.85,Default,,0000,0000,0000,,since before and\Nthe fall of the dinosaurs? Dialogue: 0,0:15:48.88,0:15:50.71,Default,,0000,0000,0000,,My money is on the fungus. Dialogue: 0,0:15:51.42,0:15:52.68,Default,,0000,0000,0000,,Thank you. Dialogue: 0,0:15:52.71,0:15:56.00,Default,,0000,0000,0000,,(Applause)