[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:10.00,0:00:12.00,Default,,0000,0000,0000,,All over the world Dialogue: 0,0:00:12.00,0:00:15.00,Default,,0000,0000,0000,,millions of young people took to the streets. Dialogue: 0,0:00:15.00,0:00:18.00,Default,,0000,0000,0000,,and they were joined by their parents' generation Dialogue: 0,0:00:18.00,0:00:20.00,Default,,0000,0000,0000,,and their grandparents' generation. Dialogue: 0,0:00:20.00,0:00:23.00,Default,,0000,0000,0000,,and they spoke with a single voice Dialogue: 0,0:00:23.00,0:00:27.00,Default,,0000,0000,0000,,and what they said was clear and compelling: Dialogue: 0,0:00:27.00,0:00:32.00,Default,,0000,0000,0000,,"It's our turn. We're a new generation. We want a new vision for the future." Dialogue: 0,0:00:32.00,0:00:36.00,Default,,0000,0000,0000,,"There's something unfair in the way this world is organized." Dialogue: 0,0:00:36.00,0:00:39.00,Default,,0000,0000,0000,,Why is it there are no jobs for young people? Dialogue: 0,0:00:39.00,0:00:42.01,Default,,0000,0000,0000,,Why is it that the economy is collapsing? Dialogue: 0,0:00:42.01,0:00:46.01,Default,,0000,0000,0000,,Why is it that this beautiful planet that we live in is deteriorating Dialogue: 0,0:00:46.01,0:00:51.00,Default,,0000,0000,0000,,and we are now threatened as never before? Dialogue: 0,0:00:51.00,0:00:55.01,Default,,0000,0000,0000,,We are ending a great industrial era based on fossil fuels. Dialogue: 0,0:00:55.01,0:01:01.00,Default,,0000,0000,0000,,When oil went up to $147 dollars a barrel a few years ago on world markets Dialogue: 0,0:01:01.00,0:01:03.00,Default,,0000,0000,0000,,all the other prices in the world went up Dialogue: 0,0:01:03.00,0:01:06.00,Default,,0000,0000,0000,,because everything is made out of fossil fuels- Dialogue: 0,0:01:06.00,0:01:09.00,Default,,0000,0000,0000,,pesticides, fertilizers, construction materials, Dialogue: 0,0:01:09.00,0:01:14.00,Default,,0000,0000,0000,,power, transport, heat, light-all of it. Dialogue: 0,0:01:14.00,0:01:18.00,Default,,0000,0000,0000,,First we need to understand that the second industrial revolution based on fossil fuels Dialogue: 0,0:01:18.00,0:01:20.00,Default,,0000,0000,0000,,is now sunsetting. Dialogue: 0,0:01:20.00,0:01:24.00,Default,,0000,0000,0000,,The energies are getting too expensive- coal, oil, gas, uranium- Dialogue: 0,0:01:24.00,0:01:28.00,Default,,0000,0000,0000,,and now the technologies based on those energies, they're very old Dialogue: 0,0:01:28.00,0:01:30.00,Default,,0000,0000,0000,,They have no multiply effect. Dialogue: 0,0:01:30.00,0:01:34.00,Default,,0000,0000,0000,,The entire infrastructure of this civilization based on these carbon fuels Dialogue: 0,0:01:34.00,0:01:37.00,Default,,0000,0000,0000,,is now on life support. Dialogue: 0,0:01:37.00,0:01:41.01,Default,,0000,0000,0000,,Fossil fuels are the most elite energies in the world. Dialogue: 0,0:01:41.01,0:01:45.00,Default,,0000,0000,0000,,They're not found everywhere, they're only found in a few places. Dialogue: 0,0:01:45.00,0:01:48.00,Default,,0000,0000,0000,,So they require huge military investments to secure them. Dialogue: 0,0:01:48.00,0:01:51.00,Default,,0000,0000,0000,,They require massive finance capital from banks Dialogue: 0,0:01:51.00,0:01:54.01,Default,,0000,0000,0000,,to organize them from the well-head to the final user. Dialogue: 0,0:01:54.01,0:02:00.00,Default,,0000,0000,0000,,The result is the second industrial revolution has created a top-down, centralized Dialogue: 0,0:02:00.00,0:02:04.00,Default,,0000,0000,0000,,energy regime and economic structure unparalleled in history. Dialogue: 0,0:02:04.00,0:02:08.00,Default,,0000,0000,0000,,and today, at the end of this second industrial revolution Dialogue: 0,0:02:08.00,0:02:13.00,Default,,0000,0000,0000,,3 of the 5 largest companies in the world are global energy companies Dialogue: 0,0:02:13.00,0:02:16.01,Default,,0000,0000,0000,,and underneath these companies are the large banks that finance Dialogue: 0,0:02:16.01,0:02:19.00,Default,,0000,0000,0000,,this second industrial revolution energy infrastructure Dialogue: 0,0:02:19.00,0:02:23.00,Default,,0000,0000,0000,,and underneath the banks are 500 or so global companies Dialogue: 0,0:02:23.00,0:02:25.00,Default,,0000,0000,0000,,who feed off the oil spigot Dialogue: 0,0:02:25.00,0:02:28.01,Default,,0000,0000,0000,,from telecommunications to transport. Dialogue: 0,0:02:28.01,0:02:33.00,Default,,0000,0000,0000,,and when we put this all together it's shocking to realize Dialogue: 0,0:02:33.00,0:02:35.00,Default,,0000,0000,0000,,that these 500 companies Dialogue: 0,0:02:35.00,0:02:40.00,Default,,0000,0000,0000,,make up a third of the GDP of the entire world. Dialogue: 0,0:02:40.00,0:02:43.00,Default,,0000,0000,0000,,So we've created this very very centralized, elite Dialogue: 0,0:02:43.00,0:02:46.00,Default,,0000,0000,0000,,second industrial revolution energy and technology infrastructure Dialogue: 0,0:02:46.00,0:02:50.00,Default,,0000,0000,0000,,and now as we end this age in history Dialogue: 0,0:02:50.00,0:02:54.00,Default,,0000,0000,0000,,one percent of the population that's controlled this pyramid Dialogue: 0,0:02:54.00,0:02:58.00,Default,,0000,0000,0000,,has benefited immensely and 99 percent of the population Dialogue: 0,0:02:58.00,0:03:04.00,Default,,0000,0000,0000,,that's at the bottom of this pyramid has been disenfranchised and is getting poorer and poorer Dialogue: 0,0:03:04.00,0:03:06.00,Default,,0000,0000,0000,,What do we do? Dialogue: 0,0:03:06.00,0:03:10.00,Default,,0000,0000,0000,,We need a new way to organize society Dialogue: 0,0:03:10.00,0:03:14.00,Default,,0000,0000,0000,,based on justice, equity, and sustainability. Dialogue: 0,0:03:14.00,0:03:18.00,Default,,0000,0000,0000,,When communication and energy revolutions come together Dialogue: 0,0:03:18.00,0:03:20.00,Default,,0000,0000,0000,,they change economic history Dialogue: 0,0:03:20.00,0:03:24.01,Default,,0000,0000,0000,,they change the way power is distributed. Dialogue: 0,0:03:24.01,0:03:28.01,Default,,0000,0000,0000,,We're on the cusp of a great new communications/energy convergence Dialogue: 0,0:03:28.01,0:03:32.01,Default,,0000,0000,0000,,a third industrial revolution. Dialogue: 0,0:03:32.01,0:03:35.00,Default,,0000,0000,0000,,and what is so interesting about the internet Dialogue: 0,0:03:35.00,0:03:40.00,Default,,0000,0000,0000,,is that this electricity communication is very different from the one I grew up on in the 20th century Dialogue: 0,0:03:40.00,0:03:43.00,Default,,0000,0000,0000,,I grew up on telephones, radio, television Dialogue: 0,0:03:43.00,0:03:46.00,Default,,0000,0000,0000,,centralized, organized, top-down Dialogue: 0,0:03:46.00,0:03:50.00,Default,,0000,0000,0000,,by contrast, the internet revolution is organized very differently. Dialogue: 0,0:03:50.00,0:03:53.00,Default,,0000,0000,0000,,It's distributed, it's collaborative. Dialogue: 0,0:03:53.00,0:03:57.00,Default,,0000,0000,0000,,Millions of young people come together in vast networks and they exercise Dialogue: 0,0:03:57.00,0:03:58.01,Default,,0000,0000,0000,,Lateral Power. Dialogue: 0,0:03:58.01,0:04:03.00,Default,,0000,0000,0000,,This internet communications revolution is just now Dialogue: 0,0:04:03.00,0:04:04.00,Default,,0000,0000,0000,,beginning to merge with a new energy regime Dialogue: 0,0:04:04.00,0:04:07.00,Default,,0000,0000,0000,,and we transform the entire electricity grid of the world Dialogue: 0,0:04:07.00,0:04:09.00,Default,,0000,0000,0000,,to an energy internet Dialogue: 0,0:04:09.00,0:04:14.00,Default,,0000,0000,0000,,so when millions and millions of buildings are collecting green energy on site Dialogue: 0,0:04:14.00,0:04:18.01,Default,,0000,0000,0000,,storing that energy in hydrogen like we stored media in digital Dialogue: 0,0:04:18.01,0:04:23.00,Default,,0000,0000,0000,,and then if you don't need some of that energy and some of your neighbors do Dialogue: 0,0:04:23.00,0:04:26.01,Default,,0000,0000,0000,,your software can direct your energy across an energy internet Dialogue: 0,0:04:26.01,0:04:28.01,Default,,0000,0000,0000,,and you can share it across continents. Dialogue: 0,0:04:28.01,0:04:32.00,Default,,0000,0000,0000,,This is power to the people. Dialogue: 0,0:04:32.00,0:04:36.00,Default,,0000,0000,0000,,This is lateral power. Dialogue: 0,0:04:36.00,0:04:45.00,Default,,0000,0000,0000,,(People chanting) "This is what democracy looks like!" Dialogue: 0,0:04:45.00,0:04:48.01,Default,,0000,0000,0000,,The music companies--they didn't understand file sharing music Dialogue: 0,0:04:48.01,0:04:50.00,Default,,0000,0000,0000,,When millions and millions of young people Dialogue: 0,0:04:50.00,0:04:57.00,Default,,0000,0000,0000,,began to create software to distribute and collaborate and share their music in vast networks Dialogue: 0,0:04:57.00,0:05:00.00,Default,,0000,0000,0000,,the music companies thought it was a joke Dialogue: 0,0:05:00.00,0:05:03.00,Default,,0000,0000,0000,,Then the music companies went out of business. Dialogue: 0,0:05:03.00,0:05:06.01,Default,,0000,0000,0000,,The newspapers didn't understand the blogosphere Dialogue: 0,0:05:06.01,0:05:11.00,Default,,0000,0000,0000,,and now the newspapers are creating blogs and going out of business. Dialogue: 0,0:05:11.00,0:05:14.00,Default,,0000,0000,0000,,As powerful as these changes are Dialogue: 0,0:05:14.00,0:05:16.00,Default,,0000,0000,0000,,in the social spaces of the internet Dialogue: 0,0:05:16.00,0:05:20.01,Default,,0000,0000,0000,,when the internet joins with renewable energy it's a 100 times more powerful Dialogue: 0,0:05:20.01,0:05:25.01,Default,,0000,0000,0000,,because it changes the political landscape, fundamentally. Dialogue: 0,0:05:25.01,0:05:27.00,Default,,0000,0000,0000,,Ask this question: Dialogue: 0,0:05:27.00,0:05:32.00,Default,,0000,0000,0000,,Does this institutional behavior whether it's government, business, education- Dialogue: 0,0:05:32.00,0:05:38.00,Default,,0000,0000,0000,,is this institutional behavior centralized, patriarchal, top-down? Dialogue: 0,0:05:38.00,0:05:40.00,Default,,0000,0000,0000,,Is it closed? Is it proprietary? Dialogue: 0,0:05:40.00,0:05:43.00,Default,,0000,0000,0000,,Or is this institutional behavior distributed? Dialogue: 0,0:05:43.00,0:05:45.00,Default,,0000,0000,0000,,Is it collaborative? Dialogue: 0,0:05:45.00,0:05:47.00,Default,,0000,0000,0000,,Is it open and transparent? Dialogue: 0,0:05:47.00,0:05:50.00,Default,,0000,0000,0000,,Is it lateral power? Dialogue: 0,0:05:50.00,0:05:55.00,Default,,0000,0000,0000,,This is the new politics of a new generation. Dialogue: 0,0:05:55.00,0:06:02.00,Default,,0000,0000,0000,,Lateral power brings with it a much more equitable distribution of the fruits of society. Dialogue: 0,0:06:02.00,0:06:05.00,Default,,0000,0000,0000,,Because when millions and millions of people are sharing Dialogue: 0,0:06:05.00,0:06:08.00,Default,,0000,0000,0000,,their energy, their resources, their economic wealth Dialogue: 0,0:06:08.00,0:06:11.00,Default,,0000,0000,0000,,we create a good quality of life. Dialogue: 0,0:06:11.00,0:06:13.00,Default,,0000,0000,0000,,Nobody's left behind. Dialogue: 0,0:06:13.00,0:06:18.00,Default,,0000,0000,0000,,We all become entrepreneurs, but we all collaborate in social networks. Dialogue: 0,0:06:18.00,0:06:23.00,Default,,0000,0000,0000,,This is the way a decent, humane economy should operate on this planet. Dialogue: 0,0:06:23.00,0:06:26.00,Default,,0000,0000,0000,,Then we won't have the 99 percent versus the one. Dialogue: 0,0:06:26.00,0:06:28.01,Default,,0000,0000,0000,,We'll have the 100 percent Dialogue: 0,0:06:28.01,0:06:37.00,Default,,0000,0000,0000,,living together in a just and sustainable world. Dialogue: 0,0:06:37.00,0:06:38.01,Default,,0000,0000,0000,,So my hope Dialogue: 0,0:06:38.01,0:06:40.00,Default,,0000,0000,0000,,for this young generation Dialogue: 0,0:06:40.00,0:06:42.01,Default,,0000,0000,0000,,point the way. Dialogue: 0,0:06:42.01,0:06:46.01,Default,,0000,0000,0000,,Direct us into a new future Dialogue: 0,0:06:46.01,0:06:54.00,Default,,0000,0000,0000,,One that we can be proud of because we've shared the great fruits of this planet. Dialogue: 0,0:06:54.00,0:07:07.00,Default,,0000,0000,0000,,We've protected the interests of our fellow creatures. Dialogue: 0,0:07:07.00,0:07:14.00,Default,,0000,0000,0000,,We've preserved this earth for future generations. Dialogue: 0,0:07:14.00,9:59:59.99,Default,,0000,0000,0000,,We've made a better world.