James Manyika

But at the same time, we know that many of these technologies raise new questions about privacy, about how we think about information, disinformation.

So I think if you were to write the list of

the questions we're going to need to navigate in the coming decades of the 21st century.

It's a meaty list.

Climate change is at the top of that list, in my view.

Inequality is on that list.

These questions of geopolitics are on that list.

The role that technology is going to play is on that list.

And then also some of these social questions that we now need to wrestle with.

issues of social justice, not just economic justice, but also social justice.

So we have a pretty rich challenge list, even while at the same time that we have these extraordinary opportunities.

Well, I think incentives play an important role.

So take the issue of climate change, for example.

I think one of the failures of our economics and economic systems is we've never quite priced carbon, and we've never quite built that into our incentive systems, our economic systems, so we have a price for it.

And so that when we put up carbon dioxide into the atmosphere and so forth, there's no economic price for that or incentives, a set of incentives not to do that.

We haven't done enough in that regard.

So that's an area where incentives would actually make a big difference.

In the case of inequality, I think this one's way more complicated beyond just incentives.

But I'll point to something that is in the realm of incentives as regards to inequality.

So for example, take the way we were talking earlier about the importance of labor and capital in our capital inputs.