Reed Hastings

Well, you know, the heart of democracy is we're going to live in this country together and we're going to have different views.

And so you want a system that's not civil war to work out those views.

And I think a lot of people will have those concerns.

There'll be those effects.

And we have to take them thoughtfully and seriously.

And arguably during the era of globalization, there was sort of

lip service to retraining, but we didn't really understand or take seriously the devastation of a lot of communities.

So I think, you know, the elites in this room, as an example, do a better job at that, which is, you know, where is AI really providing benefits to people's healthcare to their day-to-day lives?

And if we can do that, then there's more toleration of the dislocation, which is, as you said, cost of electricity, data centers, those things.

It's unlikely, but, you know, it's definitely possible.

But again, you know, the telecom boom in 2000, I mean, you know, it's a slight overinvestment, you know, so it could be.

But if you look at the, in the telecom one, everyone got so excited about the internet that they forward invested and were disappointed for a while, but ultimately the internet really did deliver.

But if you look at the mobile phone, it never had a bubble.

It came out and just grew and grew and grew in impact.

So you can get both things that live up to the hype and things where the hype gets bigger than the actual technology in the short term.

And, you know, the market's a good way to work that out on AI.

Does it matter who gets there first?

Well, if you're talking countries, it matters a lot.

Correct.

If you're talking companies, you know, I care a lot because I'm on the board of Anthropic.