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Reed Hastings

๐Ÿ‘ค Speaker
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763 total appearances

Appearances Over Time

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Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

And it might be that what's caused political polarization in the last decade or two is rate of change.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

So think about since NAFTA, sort of the rise of globalization, the redefining of marriage equality, immigration, all kinds of change in society.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

And one view is enough of our fellow Americans, it's just too much.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

and it radicalizes them and they're willing to vote for things they wouldn't normally vote for.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

And if that's fundamentally what's going on in US society, as well as Brexit and a couple other places, then we're in for a pretty big storm because the rate of change is not gonna slow down.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

The rate of change in society, partially or maybe largely driven by AI is gonna be large.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

And so that may be that, you know, how everyone today is nostalgic for Reagan.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

You know, there may be a day when we're nostalgic for Trump, that our polarization has really continued to increase because the rate of change has continued to increase.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

So that's why I think it's so important that leaders like all of you are thinking about

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

How do we build bonds?

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

How do we have people of Americans care about each other so that we can keep the society coherent and caring despite the rapid amounts of change generated by technology?

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

With GDP growth.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

So you can either automate away the jobs.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

That's one theory.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

And the other is that people will produce more.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

I'm sure it'll be a mix.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

But efficiency often generates more growth.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

I mean, we did the radiology example.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

So it's sort of that at larger scale.

Bloomberg Talks
Netflix Co-Founder Reed Hastings Talks AI, Future of TV

So the way we pay for it is more GDP growth.