Surviving the 21st Century and the Concerns with New Technologies-DAVOS 2020 @wef

Surviving the 21st Century and the Concerns with New Technologies-DAVOS 2020 @wef

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00:00 just imagine North Korea in 20 years when  everybody has to wear a biometric bracelet which   constantly monitors your blood pressure your  heart rate your brain activity 24 hours a day   you listen to a speech on the radio by the  great leader and you know what you actually   feel you can clap your hands and smile but if  you're angry they know you'll be in the gulag   tomorrow morning and if we allow the emergence  of such total surveillance regimes don't think   that the rich and powerful in places like  Davos will be safe I'm the chairman of 00:40 Bain & Company and welcome to this session  on how to survive the 21st century it's not a   new topic but it's really getting urgent  eighteen years ago marking Rhys Britain's   astronomer royal published a book on  the topic he gave civilization a 50/50   chance of surviving the 21st century today he  says his concern have only grown he cites new   technologies environmental catastrophe as  the reasons well don't yell at me and let   the technician can you hear me now okay  should I repeat what I said sorry guys 01:30 well first I introduce myself I'm Erica  teach the order there is a little mister miss   lady I'm the chairman of Bain & Company and I  welcome you to the session on how to survive   the 21st century I started by saying that this  is not a new topic and mentioned that eighteen   years ago marking reefs the britain's astronomer  royal published a book on the topic and he gave   civilization a 50/50 chance of surviving  the 21st century he published another book   this year or actually last  year and his concerns have 02:03 only grown he cited technology and  environmental catastrophe as reasons now   being over 30 it is highly unlikely that I  will survive the 21st century and someday   he's especially when I hear about the fires in  Australia over here we get another example of our   data on being used to manipulate us officiously I  find myself kind of glad of that but I fear that   the next generations may live to see horrific  things but perhaps not especially if we start   to really get serious about the exists enchi  lish ooze that are coming now into plain sight 02:45 with us today is Yvonne o Ferrari  he's a best-selling author of three books   the latest is 21 lessons for 21st century  he's historian and if he lost firm he has   thought long and hard about three existential  challenges nuclear war ecological collapse and   technological disruption also with us is  Mark Bruton also an historian he's been   the prime minister of the Netherlands for  ten years in 2019 the World Economic Forum   Competitiveness Report ranked the Netherlands  and fourth globally and first in Europe 03:25 it's a pretty good report card for a nation  with some real challenges that are relevant   to the topic we were going to be talking about  today as many of you know about a third of the   countries below sea level the Dutch are  famous for their dikes and there was a   famous for the little boy who plugged the leak  in one of those dikes when we until until help   arrived there are not enough little boys to  just plug the threats that surround us today   but perhaps we can learn something from such  devotion to a common good which this is what it 04:01 portrayed to kick things off your val is  going to share some of his current thought thank   you so hello everyone I hope you hear me okay  if not just make a sign as we enter the third   decade of the 21st century humanity faces so  many issues and questions that it's really hard   to know what to focus on so I would like to use  the next 20 minutes to help us focus of all the   different issues we face three problems those  existential challenges to our species these   three existential challenges are nuclear  war ecological collapse and technological 04:50 disruption we should focus on them  now nuclear war and ecological collapse are   already familiar threats so let me spend some  time explaining the less familiar threat posed   by technological disruption in Davos we hear so  much about the enormous promises of technology and   these promises are certainly real but technology  might also disrupt human society and the very   meaning of human life in numerous ways ranging  from the creation of a global useless class   to the rise of data colonialism  and of digital dictatorships 05:36 first we might face upheavals on the  social and economic level automation will   soon eliminate millions upon millions of  jobs and while new jobs will certainly be   created it is unclear whether people will be  able to learn the necessary new skills fast   enough suppose you're 50 years old truck driver  and you just lost your job to a self-driving   vehicle now there are new jobs in designing  software or in teaching yoga to engineers   but how does a 50 years old truck driver  reinvent himself or herself as a software 06:22 engineer or as a yoga teacher and people  will have to do it not just once but again and   again throughout their lives because the  automation revolution will not be a single   watershed event following which the job market  will settle down into some new equilibrium   rather it will be a cascade of ever bigger  disruptions because AI is nowhere near its   full potential all jobs will disappear new  jobs will emerge but then the new jobs will   rapidly change and vanish whereas in the past  humans has had to struggle against exploitation in 07:09 the 21st century the really big struggle  will be against irrelevance and it's much worse   to be irrelevant than to be exploited those  who fail in the struggle against irrelevance   would constitute a new useless class people  who are useless not from the viewpoint of the   friends and family of course but useless from  the viewpoint of the economic and political   system and this useless class will be  separated by an ever-growing gap from   the ever more powerful lead the AI revolution  might create unprecedented inequality not just 07:56 between classes but also between countries   in the 19th century a few countries like Britain  and Japan industrialized first and they went on to   conquer and exploit most of the world if we aren't  careful the same thing will happen in the 21st   century with AI we are already in the midst of  an AI arms race with China in the USA leading the   race in most countries being left far far behind  unless we take action to distribute the benefits   and power of AI between all humans AI will likely  create immense wealth in a few high-tech hubs 08:45 while other countries will either  go bankrupt all will become exploited data   colonies now we are in talking about a science  fiction scenario of robots rebelling against   humans we are talking about far more primitive  AI which is nevertheless enough to disrupt the   global balance just think what will happen  to developing economies once it is cheaper to   produce textiles or cars in California than  in Mexico and what will happen to politics   in your country in 20 years when somebody in  San Francisco or in Beijing knows the entire 09:37 medical and personal history of every  politician every judge and every journalist   in your country including all the sexual  escapades all their mental weaknesses in   all their corrupt dealings will it still be  an independent country or will it become a a   colony when you have enough data you don't need  to send soldiers in order to control a country   alongside inequality the other major danger  we face is the rise of digital dictatorships   that will monitor everyone all the time  this danger can be stated in the form of a 10:23 simple equation which I think might  be the defining equation of life in the 21st   century B times C times D equals R which means  biological knowledge multiplied by computing   power multiplied by data equals the ability  to hack humans if you know enough biology and   you have enough computing power and data  you can hack my body and my brain and buy   life and you can understand me better than I  understand myself you can know my personality   type my political views my sexual preferences  my mental weaknesses my deepest fears and hopes 11:15 you know more about me than I know  about myself and you can do that not just to   me but to everyone a system that understands us  better than we understand ourselves can predict   our feelings and decisions can manipulate of  feelings and decisions and can ultimately make   decisions for us now in the past many tyrants and  governments wanted to do it but nobody understood   biology well enough and nobody had enough  computing power in data to hack millions of   people neither the Gestapo nor the KGB could  do it but soon at least some corporations 12:01 and governments will be able to  systematically hack all the people we   humans should get used to the idea we are no  longer mysterious Souls we are now packable   animals that's what we are the power to hug  human beings can of course be used for good   purposes like providing much better health  care but if this power falls into the hands   of a 21st century Stalin the result will be the  worst totalitarian regime in human history and   we already have a number of applicants for  the job of 21st century stoning just imagine 12:49 North Korea in 20 years when everybody has  to wear a biometric bracelet which constantly   monitors your blood pressure your heart  rate your brain activity 24 hours a day   you listen to a speech on the radio by the  great leader and you know what you actually   feel you can clap your hands and smile but if  you're angry they know you'll be in the gulag   tomorrow morning and if we allow the emergence  of such total surveillance regimes don't think   that the rich and powerful in places like Davos  will be safe just ask Jeff Bezos installing the 13:30 USSR the state monitored members of  the Communist elite more than anyone else   the same will be true of future total  surveillance regimes the higher you are   in the hierarchy the more closely you will be  watched do you want your CEO or your president   to know what you really think about them so  it in the interest of all humans including   the elites to prevent the rise of such digital  dictatorships and in the meantime if you get   a suspicious Watts up message from some prince  don't open it now even if we indeed prevent the 14:18 establishment of digital dictatorships the  ability to hack humans might still underline the   very meaning of human freedom because as humans  will rely on AI to make more and more decisions   for us the authority will shift from humans  to algorithms and this is already happening   already today billions of people trust  the Facebook algorithm to tell us what   is new the Google algorithm tells us what  is true netflix tells us what watch and the   Amazonian Alibaba algorithms tell us what to buy  in the not so distant future similar algorithms 15:04 might tell us where to work and whom  to marry and also decide whether to hire us   for a job whether to give us a loan and  whether the central bank should raise   the interest rate and if you ask why you will  not given a loan on why the bank didn't raise   the interest rate the answer will always be the  same because the computer says no and since the   limited human brain lacks sufficient biological  knowledge computing power and data humans will   simply not be able to understand the computers  decisions so even in supposedly free countries 15:51 humans are likely to lose control over  our own lives and also lose the ability to   understand public policy already now how many  humans really understand the financial system   maybe 1% to be very generous in a couple  of decades the number of humans capable   of understanding the financial system will be  exactly zero now we humans are used to thinking   about life as a drama of the vision making  what will be the meaning of human life when   most decisions are taken by algorithms we don't  even have philosophical models to understand such 16:40 an existence the usual bargain  between philosophers and politicians is   that philosophers have a lot of trans people  ideas and politicians patiently explained   that they lacked the means to implement these  ideas now we are in an opposite situation we   are facing philosophical bankruptcy the twin  revolutions of info tech and biotech are now   giving politicians and business people the means  to create heaven or hell but the Philosopher's   are having trouble conceptualizing what the  new heaven and the new hell will look like 17:24 and that's a very dangerous situation  if we fail to conceptualize the new heaven   quickly enough we might be easily misled by  naive utopias and if we fail to conceptualize   the new hell we clean up we might find ourselves  entrapped there is no way out finally technology   might disrupt not just our economy in politics  and philosophy but also our biology in the   coming decades AI and biotechnology will give us  godlike abilities to re-engineer life and even   to create completely new life forms after  4 billion years of organic life shaped by 18:13 natural selection we are about to enter a  new era of inorganic life shaped by intelligent   design our intelligent design is going to be  the new driving force of the evolution of life   and in using our new divine powers  of creation we might make mistakes   on a cosmic scale in particular governments  call operations and arms are likely to use   technology to enhance human skills that they  need like intelligence and discipline while   neglecting other human skills like compassion  artistic sensitivity and spirituality the result 18:58 might be a race of humans who are  very intelligent and very disciplined but   lack compassion lank artistic sensitivity  and like spiritual depth of course this is   not a prophecy these are just possibilities  technology is never deterministic in the 20th   century people used industrial technology  to build very different kinds of societies   fascist dictatorships communist regimes liberal  democracies the same thing will happen in   the 21st century ai and biotech will certainly  transform the world but we can use them to create 19:43 very different kinds of societies and if  you are afraid of some of the possibilities I've   mentioned you can still do something about  it but to do something effective we need   global cooperation all the three existential  challenges we face are global problems that   demand global solutions whenever any  leader says something like my country   first we should remind that leader that  no nation can prevent nuclear war or stop   ecological collapse by itself and no nation can  regulate AI and bio engineering by itself almost 20:30 every country will say hey we don't want  to develop killer robots or to genetically   engineer human babies well the good guys  but we can't trust our rivals not to do it   so we must do it first if we allow such an  arms race to develop in fields like AI and   bioengineering it doesn't really matter who  wins the arms race the loser will be humanity   unfortunately just when global cooperation  is more needed than ever before some of the   most powerful leaders and countries in the  world are now deliberately undermining global 21:14 cooperation leaders like the u.s. president  tell us that there is an inherent contradiction   between nationalism and globalism and that we  should choose nationalism and reject globalism   but this is a dangerous mistake there is  no contradiction between nationalism and   globalism because nationalism isn't  about hating foreigners nationalism   is about loving your compatriots and in  the 21st century in order to protect the   safety and the future of your compatriots you  must cooperate with foreigners so in the 20th 21:57 century the 21st century sorry good  nationalists must be also globalists now   globalism does it mean establishing a global  government abandoning all national traditions   or opening the border to unlimited immigration  rather globalism means a commitment to some   global rules rules that don't deny the  uniqueness of each nation but only regulate   relations between nations and a good model  is the football World Cup the World Cup is   a competition between nations and people often  show fierce loyalty to their national team but at 22:46 the same time the World Cup is also  an amazing display of global harmony France   can't play football against Croatia unless  the French and creations agree on the same   rules for the game and that's globalism in  action if you like the world you're already   a globalist now hopefully nations could agree  on global rules not just for football but also   for how to prevent ecological collapse  how to regulate dangerous technologies   and how to reduce global inequality how  to make sure for example that AI benefits 23:31 Mexican textile workers and not only  American software engineers now of course   this is going to be much more difficult  than football but not impossible because   the impossible well we have already accomplished  the impossible we've already escaped the violent   jungle in which we humans have lived throughout  history for thousands of years humans lived   under the law of the jungle in a condition  of omnipresent war the law of the jungle said   that for every two nearby countries there is  a plausible scenario that they will go to war 24:18 against each other next year under this  law peace meant only the temporary absence of war   when there was peace between sane Athens  and Sparta or France and Germany it meant   that now they are not at war but next  year they might be and for thousands   of years people had assumed that it was  impossible to escape this law but in the   last few decades Humanity has managed to do  the impossible to break the law and to escape   the jungle we've built the rule-based liberal  global order that despite many imperfections has 25:07 nevertheless created the most prosperous  and most peaceful era in human history the very   meaning of the word peace has changed no  longer means just the temporary absence   of war peace now means the implausible 'ti  of war there are many countries in the world   which you simply cannot imagine going to war  against each other next year like France and   Germany there are still Wars in some part  of the world I come from the Middle East   so believe me I know this perfectly well  but it shouldn't blind us to the overall 25:51 global picture we are now living in a world  in which war kills fewer people than suicide   and gunpowder is far less dangerous to  your life than sugar most countries with   some notable exceptions like Russia don't even  fantasize about conquering and annexing their   neighbors which is why most countries can  afford to spend maybe just about 2% of the   GDP on defense while spending far far  more on education and healthcare this   is not a jungle unfortunately we've gotten  so used to this wonderful situation that we 26:38 take it for granted and we are therefore  becoming extremely careless instead of doing   everything we can to strengthen the fragile  global order countries neglected and even   deliberately undermine it the global order is  now like a house that everybody inhabits and   nobody repairs it can hold on for a few more  years but if we continue like this it will   collapse and we will find ourselves back in the  jungle of omnipresent war we've forgotten what   it's like but believe me as a historian  you don't want to go back there it's far 27:21 far worse than you imagined yes  our species has evolved in that jungle   and lived and even prospered there for thousands  of years but if we returned there now with the   powerful new technologies of the 21st century  our species will probably annihilate itself   of course even if we disappear it will not be the  end of the world something will survive us perhaps   the rats will eventually take over and rebuild  civilization perhaps then the rats will learn   from our mistakes but a very much hope that we can  rely on the leaders assembled here and not on the 28:11 rights thank you Thank You uvula that  was very thought-provoking and challenging   introduction and pretty frightening let's hook  the rats don't get the upper hand and with that   in mind let me turn to you Prime Minister  you're head of a government responsible   for the well-being of millions of people and  in 2019 alone you have signed multi-partner   strategic agreements in both climene's and  nai and then also you're one of the leaders   of the EU which is the first organization  to think really about data and privacy 28:56 and to come out with this bold green  initiative based not on scaring people but   really as a strategy for growth what's your  take on this on the road ahead well thank   you and I be first of all say I'm slightly  more optimistic I'm the eternal optimist   in the room always but here I'm slightly  more optimistic because I believe that is   a strategic and also a societal and economic  imperative let's say a urgency to make sure   that B it's artificial intelligence  or be it this big issue of climate 29:38 change that we get a let's get a grip on  it but I will also briefly address some of the   big issues just being mentioned because  of course they are rightly mentioned and   we have to mitigate them but first very  briefly why is this very is this fierce   urgency of now on artificial intelligence and  on climate change and climate change because   of course we want to mitigate the warming of  our world and address the co2 emissions that's   clear but at the same time there is a huge  economic possibility lots of new jobs being 30:18 created I see this in my country where  we see now growing investments because of the   energy transition and climate change itself  but of course you need therefore a strategy   you need society to be on board we in the  best Dutch way had everybody on boards in   this debate as you mentioned created a big  climate agreement in June last year which   we're now implementing which is affordable  and achievable but which also creates the   jobs necessary in the future I believe the  same is true for artificial intelligence 30:53 possibilities this will present in  terms for example of cancer research in terms   of for example being able to have precision  farming with a smaller co2 footprint and   at the moment autonomous driving energy  transition itself in all these areas we   need it official tells I believe it is a more  a bigger transformation than the invention of   the Internet itself if we do it right because  things can go horribly wrong that means also we   have to focus when it comes to climate change on  climate adaptation we will host in October next 31:31 this year the big climate adaptation summit  being one third of the country after country   being below sea level and we need to do this as we  always say God created the earth the dust created   the Netherlands so we want to showcase this to  the world how to work on climate adaptation in   terms of artificial intelligence of course  this crucial that we changed the educational   system it has to adapt to what is happening in  the area of artificial intelligence we need to   have the European human centric approach  leading us here that I think is crucial 32:06 and standards for example in the terms  of data and privacy is very important here and   then I come to the big issues being addressed  very briefly one yes we have to stay anchored   in a not a lateral global world system but  then it doesn't help to constantly be Trump   not that you were doing this but I know  that doing the Davos sessions we like to   beat Trump it doesn't it doesn't help at all  he is pressing United States I believe that he   rightly addresses some of the big issues  in terms of the function of the UN NATO 32:40 the WTO so let's make use of the fact  that he is president states to change these   global organizations because you're right we can  never deal with these issues in bilateral ways   the strongmen Trump Arahama own those narrow  Xi Jinping they cannot in a bind that little   way in a traditional way deal with the global  issues secondly I want to ask attention to the   role of the Free Press there is a risk that  with Facebook and all the other big companies   who are drawing all the advertising money  into the internet now that it is running 33:17 against the traditional newspapers and a  traditional news outlets but he needs journalism   to be able for example we have all seen this  small clip with Obama saying very strange stuff   which was a created clipper then you see it it  seems like it is really Barack Obama in mention   that this clip will be aired on television  one or two days before the election there's   some of the national politicians being in that  small clip on on the internet or on television   that might have a huge impact on election  outcome so you need free press at these 33:51 moments to be able to explain to the  people what is really happening but that's   just money so one of the police I have is big  business here in Davos don't put all your money   in the internet advertising make sure that our  newspapers our news outlets also our TV stations   also the future will be able to pay sensible and  and real salaries to our journalists to be able   to do this I believe this crucial and finally  I think what will help me of course is when   you have a established democracy because  in an established democracy with no third 34:27 party systems and that in itself will  create a tradition in your society of debating   all the Feres issues and views etc and that  is to the core of what we as human beings are   we like to debate and you come from Israel  Israel is one big debate in society and most   of our established democracies are thrive on  debates - on opposing views but that is also   educating young people to be able to distinguish  between the crazy stuff and the real stuff to   be able to come to their own conclusions  on big societal issues so an established 35:07 democracy will be very helpful here  and that's why I am so motivated to keep   that running in the Netherlands thank you that  was optimistic but not optimistic enough for me   so let me throw a question in here for both of  you completely support Free Press I agree that   innovation has done a lot for healthcare  and a lot of other things and democracy   but technology is still marching on and and you  know I was reminded of when you've always talking   of I mentioned to you about before of two books  that were written in the first half of the 20th 35:43 century that kind of predicted humanity's  future one was George Orwell's 1984 where the   population was controlled by this fearsome  dictatorship and surveillance was everywhere   the thought police was going after they  knew what you were thinking and they were   going to persecute you and that's kind of  like the digital dictatorship that you've   all talked about the other book which in some  ways is more scary is Huxley's brave new world   where by contrast the population is bred  or programmed to want what the world state 36:17 is willing to provide them so they  buy what the algorithm tells them that they   should want they do what the algorithm  tells them they should be happy doing   in a way it's this naive utopia that you talked  about neither author by the way mentioned   algorithms because the word as it exists now  and the current use didn't exist but unlike   the books protagonist we do know that we're  being manipulated you mentioned that when you   said why we need three frets you've mentioned  that when he talked about where we are with 36:51 algorithms and the question is really  whether we would whether we are going to let   this continue so should be for example demand  that all algorithms that make or influence   decisions our matter of public record or at  least subject to some regulator who actually   can unmask at least or understand how they  working and explaining just briefly I believe   that in the end you once the people your  country to be the regulator's collectively   take 1984 we have for a global regulator that  then lets countries beside that in terms of 37:33 regulating artificial intelligence to  make sure that privacy is protected that data   is protected in this I agree you need regulation  there and at the moment that is going on to   make sure that for example Europe European  Union is the biggest data mined involve in   all world and off the body everybody would like  to mind that data so this crucial that you have   regulation in place but at the end the strongest  regulation is in its independent thinking people   and all classes of society and that is at  the core of our societal system and I mean 38:09 to a certain extent this issue of you  being manipulated to by certain stuff is not   new and we know that in even in 19th century and  magazines you would find advertising geared to   Europe particular preferences that is not too  different from what is happening nowadays in   algorithms on the Internet of course it  is all fashions but trying to somehow be   able to channel your message to a particular  audience is not different from what happens   in a traditional media and the 90s and 20 Center  advertising whatever but you don't want a things 38:44 like Cambridge analytical that there was  this impression that on what you were doing in   the internet or facebook was basically  being geared to certain messages given   to you which would then almost confuse you to  vote in favor or against the brexit referendum   or whatever I think reality it was not that  sophisticated if we sometimes think but of   course these risks are there so you need some  form of regulation but in the end let's not   be too scary about it because if we start to  regulators - happily then it will that Emil he 39:19 posed the question who's controlling  the regulator because that man or woman do I   have a lot of power if I can be a bit  more scary nevertheless you know the AI   revolution is barely an infant you know five  years ago nobody talked about AI except first   a few scientists and that what we saw in the  2016 elections with occasional attica that's   nothing I mean we have still haven't  passed the crucial watershed the real   watershed is the union of AI with biometrics at  present still the vast majority of data being 39:56 mined and people being hacked it's  not based on biological knowledge on my   biological data it's based on where I  click where I go what I buy and things   like that it's still outside the body the  real line in the sand is when biometric   sensors become ubiquitous and it's happening  and the data starts coming from within the   body and they can access your heart your  brain not just your credit card and it is   it's known near its full capacity it's going  to get much much more sophisticated so it's 40:34 going to also to be much more difficult to  regulate it especially because even if like the   European Union you have a law saying that  if an algorithm makes a decision about me   like not hiring me for a job I have the  right to know why which is very crucial   but to me it seems completely ineffectual  because the way algorithms make decisions   about us is based on enormous amount of data  points when a human decides not to hire me   for a job it's usually based on two three  salient data points and I can understand 41:13 why Hey you're gay you Jewish we don't  want you a that discrimination you can't do   that that's easy but in algorithm  the big thing about big data in AI   you take tens of thousands of data points  each contributing a very small percentage   and that's how it makes decisions now you  can have the right to get all these all   the information so they'll give me a big book  of a thousand pages with lots of numbers this   is why the algorithm didn't hire for a job  like you wanna know why do I do with that 41:46 so the thing is just the way the decisions  are being made in the world is going to change   algorithms make decisions in a different  way than humans let me take it from here I   acknowledge what both of you said and pick it  right up from here you're both historians and   history is littered with empires and whirls that  sort of looked back and said if only would have   we have would have done that at that moment  the world would have looked different now I   think we are at that moment I don't think oh  yeah we talk about the things we want to talk 42:24 about multilateralism but but there  are countries who tell us that they don't   actually want to cooperate on the standards of  the world there are people who will tell us that   I don't want to change the way I make profits  and there is no regulator right now doing that   so this might be the moment in time where we  needed to think just well we know that people   start to cooperate when they face a common  enemy and you know my question to both of   you from slightly different points of view how  do we how do we get a real or perceived common 42:59 enemy out of those real challenges it  faces and you know you took a lot about the   fictions that unites people and religions and  Nations you travel the world let me ask you   first and then your eminence so you know  with nuclear war and ecological collapse   it's relatively easy because it's obvious it's  a threat to everybody nobody's going to win a   nuclear war but with technological disruption  it's much more difficult because there are not   some people corporations and governments think  and with some good reason that they can win 43:30 an AI arms race and they can control  the world economy over the world political   system with that so it's much more difficult  to convince them that everybody is on the   same side and the really central issue  is inequality I'm not so worried about   a country like the Netherlands I think  you'll be okay I'm much more worried   about countries like Venezuela about Brazil  about India about Indonesia what will they be   in 30 50 years when I mentioned the analogy  with the Industrial Revolution of the 19th 44:07 century when a few countries dominated  and exploited everybody else it could be much   much worse in the 21st century if you have  just a few countries that dominate the new   divine powers of a iron biotechnology and  even if you think about the Netherlands in   Europe Europe is hardly in the race at present  it is at least with AI it's really China versus   the US and neither is a very good option as  far as as far as we can tell I mean the u.s. 44:39 at least until a few years ago at  least said that it wants to be the leader   of the world and to work for the benefit of  everybody now it resigned its role of leader   of the world and it openly says we don't care  about anybody except ourselves and that's not   a leader you don't follow a leader whose  motto is me first so I think there is an   opportunity here I think the opportunities is  a wake-up call that's especially for Europe   that you can't rely on the US anymore and you  should be maybe a third independent way but as 45:18 things looking 2020 from the big 20  tech companies in the world I don't think   that any is European let me actually  give it word for Europe so I'll share   the burden from a business point of view  which argument has to do as well a very   important part in what's going to be going  on is the way actually decisions are being   made about technology where it's bought and  how it gets used and while the US and China   have the big platforms that people talk about  the technology companies Europe actually is 45:50 quite unique relative the United States  it has 5g people who can still actually make   5g working now in America there isn't a  single company that can do it today and   the reason for that is because when Mobil  started the United States went a different   direction Europe agreed on a single format  and they went down the experience curve both   cost wise and quality wise all the United States  companies were sold to Europeans are disappeared   Europeans are consolidated now there's now China  Korea and Europe that is an opportunity for 46:24 Europe in my mind to actually take a  step in technology make a huge difference   because when you think about the future those  are controlled by G or make 5g will actually   control all the infrastructure in which the  technology that we're talking about is gonna   big as negative about America as some of you  in this room because I still believe America   is leader of the free world and I cannot  envisage any big global issue being solved   without the involvement of the USA despite who  is president not important at the ends that 46:57 is still the case but at the same time  European Union is one half times bigger in   its overall size of economy than the US  and three or four times bigger than China   so the question they are fighting each other  the US and China it is not about first place   it's about second place so let's not forget  it and you're right European Union has many   and European countries have many other  advantages and I'd also agree that when   talking about AI and particularly when you see  what what happened as you put very clearly in 47:26 your presentation and the risk be  involved you need that regulation including   transparency and and how to have worldwide  standards about transparency that at least   you understand that because of the color of  your skin or whatever you have been rejected   for that job and that you don't have to  go through hundreds of pages of digital   data so you need that clearly decipherable  robot standards on on transparency that's   crucial I mean it involvement of companies to  help us to create that at the end of this a 47:58 political system is has to take the  decision which you need a technological   input but I'm very optimistic about European  European countries being able to do this in   the Netherlands we have this AR strategy we're  working with all the big tech companies worldwide   to build AI clusters in the Netherlands because  we know that if we want to stay the fourth most   competitive economy in the world and number  one in Europe this is crucial because this is   transfer meant transformational it so yes  we have to acknowledge the risks and the 48:25 downsides of these new technologies but  at the same time for for our societies to come   along let's also acknowledge the enormous  amount of good this can create in terms of   our health cancer is that many things are  mentioned earlier because I'm extremely   optimistic about what that can do if you're  not if I grieve with you on that point and   that includes working on global standards that  includes maintaining the liberal international   World Order but then including making changes to  the big global organization we're at this moment 48:59 are in many cases not functioning  as they should well we have less than one   minute and I'm supposed to summarize this  so let me actually think I think we have   participated and seeing a discussion between  a philosopher and a political leader tried to   conceptualize a little further what the 21st  century might look like there was a little   bit of pessimism a little bit of optimism I  think a lot of realism as one starts to think   about where to take that next and it's  important to talk about those things and 49:33 to realize them so please join me in  thanking both speakers for today [Applause] you

2024-05-01 21:38

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