Keith Rabois

So I suspect what happens is that New York takes a 40- or 50-year journey.

And at some point, it will look like New York of the 80s.

And at that point, you'll have an Ed Koch-like figure.

You'll have a David Dinkins-like figure.

You'll have a Michael Bloomberg-like figure.

You'll have the broken windows theory of policing reemerge as the cause celebre.

and the cycle will repeat itself.

So I tend to think that these things are just between two poles.

We've spent a lot of time in this more independent self-reliance pole.

A lot of people will want to experiment with this other thing.

It just doesn't prove to work.

And in the absence of something cataclysmically bad, I don't think it's going to change.

That's London today.

The London subway costs $35 to go from the suburbs of London into the center of London.

$35, okay?

That is ridiculous, right?

You can't walk with your cell phone in central London anymore because there are more cell phone thefts than anything.

There's knife attacks everywhere.

Why is that?

Well, you've had an agenda that was meant to be the socialist left-leaning, let's resolve all these problems for everybody.