[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Ian Goldin) Great, thank you: it's \Nwonderful to be with educators
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,who care about the intersection\Nof learning and technology,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because that's going to shape the future.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Whether we're able \Nto get this right or not
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,will determine whether we have\Na glorious 21st century
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or a period of unmitigated risks.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The walls are coming down everywhere and\Nit's difficult to not think about this,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,being so close to it, here in Berlin,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,25 years ago, these walls coming down.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But it's not just about physical walls\Ncoming down,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it's about mental walls,\Nit's about financial walls,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it's about technological walls.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,All the walls are coming down,\Nand it's that
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,which makes this the most exciting century \Nin the history of humanity.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It changes all of our lives\Nin surprising ways.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it's certainly changed mine.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I was living in Paris \Nwhen this wall came down.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I didn't imagine that it would touch me\Npersonally.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I thought it was about Eastern Europe,\Nabout the Cold War, about something else.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But within 6 months, I would, \Nmuch to my surprise,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I was invited to have dinner with\NPresident Mandela in Paris.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,He wasn't president then, \Nhe had just been released from prison.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But he was released \Nbecause the Cold War ended.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And the defining feature of this period\Nwe live in our lives
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is that what happens elsewhere will\Ndramatically affect us in new ways.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's this change that results \Nfrom the walls coming down.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it's this change that will shape\Neducation going forward
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and technological progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And of course, the other fundamental \Nperiod of -- in this time --
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is technology, technology, \Nwhich got off the ground
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,at the same time as the Berlin Wall\Ncame down, over 25 years.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This exponential growth in\Nvirtual connectivity.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And now we have a world of 5 billion\Nliterate, educated people
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,whereas we had a world, only 30 years ago,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of well less than a billion \Nconnected people.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Four billion more literate\Nconnected people in the world,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and this is the engine of change,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,where the people in the slums of Mumbai,\NSoweto's Al Pano (check)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or in apartments in Berlin,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,they will contribute to change \Nin surprising new ways.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And they're coming together.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,There is a release of individual genius.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,If you believe in the random distribution\Nof exceptional capabilities, which I do,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,there is just more people out there,\Neducated, connected, giving, learning.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But I also believe in collective genius,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the capabilities of people \Ncoming together,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to form teams, \Nto learn from each other
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,through the methods that \Nwe learned about this morning.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and in other ways.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So new cures for cancer being developed\Nin 24-hour cycles around the world.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,My lab in Oxford doing this with people \Nin Beijing and San Francisco, in Palo Alto
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and all over, in real time.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,There is no sleep on innovation any more.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And that's the power, the engine,\Nwhich brings change.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So if you think you've seen \Na lot of change
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,be ready for much more surprises.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is the slowest time in history\Nyou will know.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's going to get faster,\Nthe pace of change greater,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the surprises more intense.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's always going to be
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,more and more difficult \Nto predict what's next.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Uncertainty will grow because\Nthe pace of change is growing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Because the walls have come down,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,there are two billion more people \Nin the world since 1990.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And that's because ideas have traveled,\Nsimple ideas,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,like washing your hands prevents\Ncontagious diseases;
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,really complicated ideas\Nlike those embedded in vaccines
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in new cures for cancer\Nand many other things.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Two billion more people coming together,\Nmost of them now urbanized,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and even those that aren't\Nphysically together,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,virtually together.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,A quite extraordinary moment\Nin human history,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,one where we've come together\Nas a community,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,like we were 150'000 years ago,\Nwhen we lived in villages together,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,our ancestors in East Africa,\Nand the dispersed around the world
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and now, reconnected.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it's this reconnection which,\NI believe, gives us the potential.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But do we learn from it?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And are we able to think of ourselves\Nin new ways,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because we're connecting in new ways?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is this wall coming down changing the way\Nwe are and we think?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Or do we still think like individualists\Nin our nation states,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,pursuing our own self-interest\Nand those of our countries,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,not realizing that now,\Nwe are in a different game?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now we're in a game in which\Nwe have to cooperate,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,where we have to think about others,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,where our actions, for the first time,\Nspill over in dramatic new ways
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and affect people \Non the other side of the planet.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This pace of education means that \Nnot only are we liberating ourselves,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but we're liberating people from\Nall sorts of past habits.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And this change is leading \Nto quick changes in social norms.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Acceptance of gay marriage \Nis one of those,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but there'll be many, many, many others.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And so, what we think about \Nas normal today
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,will seem very strange \Nin a few years' time:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the space of change driven by education,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,more doctorates being created \Nin China now
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,than in the rest of the world \Nput together every year,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,more scientists alive today
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,than all the scientists \Nthat ever lived in history,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,more literate people alive today
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,than all the literate people \Nthat ever lived in history.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is the engine of change.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But it's not simply about \Nmore and more progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's not simply that we know
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that this is going to get \Nbetter and better.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's about what's next.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We don't know what the future holds.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We live in this extraordinary moment \Nof our lives
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,where we've seen exponential growth\Nin income: that's red.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And we seen this most rapid \Nincrease in population,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and income growth, even more rapid\Nthan population growth, which is why
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,people have escaped poverty at a pace\Nthat has never happened in history.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Despite the world's population increasing\Nby two billion over the last 25 years,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the number of desperately poor people\Nhas gone down by about 300 million.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This has never happened before.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is an incredible time, by far \Nthe best time to be alive.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Just while you're here, your average \Nlife expectancy should increase
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,by about 10 hours.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,That's the pace of progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,What you're learning,\Nand what's happening in the labs.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it's that which makes me \Nincredibly optimistic.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is the age of discovery,\Nthis is the new Renaissance.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is a period of creativity\Nand technological change
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,which hasn't been seen for 500 years.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is from my stem cell lab\Nin the Oxford Martin School:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the lab technician's skin\Nturned into a heart cell.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And this is one of the \Nextraordinary things that's happening
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that makes one so excited \Nabout the future.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,A future of rising life expectancy,\Nso children being born today
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in Berlin or elsewhere in Europe,\Nwill have life expectancies well over 100,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and not having to worry about the things\Nthat I worry about,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,like Alzeheimer's, Parkinson's and dementia.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But what skills are they learning today\Nthat will help them shape this future,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,prepare for it, and will still be relevant\Nin a hundred years time.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's those skills that you have \Nthe responsibility to help shape.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We can imagine this glorious future,\Nan extraordinary time in human history.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But we can also realize
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that it could come very, very badly\Nat .... (check 7:49)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I looked at the Renaissance \Nfor inspiration
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to try and understand how people\Ninterpreted these choices.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,That was a period of \Ncreative exceptionalism,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,scientific exceptionalism.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,If we think today of the iconic figures,\Nthe Michelangelos, the Da Vincis,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the Copernicuses,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,discovering the earth went round the sun,\Nnot the other way round;
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,fundamentally changing our understanding\Nof ourselves in the universe
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in ways that will happen \Nin our life times.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Fundamental changes \Nwhich lead to Humanism,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Enlightenment and many, many other things,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,spurred by technologies.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Then, it was the Gutenberg press.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Simple ideas travel very rapidly.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Until then only monks \Ncould read and write,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in Latin, in their monasteries.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Less than half of 1% of the world\Nwas literate.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,There was nothing to read \N-- and it was in Latin.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then, this invention lead\Nto a whole new way of thinking.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Ideas traveled, people could read\Nin their own languages
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and we had the Renaissance.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We also had the development \Nof nationalism
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because people could identify.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And of course, massive \Ntechnological push-back.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The Bonfire of the Vanities, \Nthe burning of books,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,not far from here and across Europe.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Destruction of presses,\Nreligious fundamentalism,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,extremism,\Nreligious wars for 150 years.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now if you recall those curves I put up,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of the long trajectory of income growth\Nand population growth.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But the Renaissance did not figure.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It was a non-event, \Nit lead to no improvement
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in people's welfare in Europe or beyond.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Are we different?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Can we embrace our technologies in ways\Nthat lead to sustained progress?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And there are two things I worry about\Nin this respect.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,First: while the walls have gone down\Nbetween societies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,within societies, \Nthe walls are going up everywhere.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,All countries are experiencing \Nrising inequality.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Why is this?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's because the pace of progress \Nis so fast at the frontier
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that this process of integration\N-- some call it globalization --
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,has lead to such rapid change\Nthat if you aren't on the frontier,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,if you don't have the skills, \Nthe mobility, the attitude to change,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to adapt, to grab new things,\Nyou're left further and further behind.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,If you're in the wrong place, \Nwith the wrong skills at the wrong time,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or you're too old,\Nyou're left further and further behind.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And so we see in all societies \Nrising inequality.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And some people have been able to capture\Nthe goods of globalization.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,They've been able to park their money,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,whether they are a corporation \Nin Bermuda or somewhere,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,when an individual in Monaco \Nor Lichtenstein or Luxembourg.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And so governments are becoming \Nless and less able
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to tax their citizens \Nand tax their corporates
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and less able to fund education,\Nhealth infrastructure
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and the other things we need. 11:02