Without going too deep, without globalization I am not sure everyone would be able to have a supercomputer in their pocket at the low cost.

You see a wave of populism in the world. There is something wrong. This maybe because of technology.

Whatever it is, in a 1% GDP world, I think people feel like there are other things they have to do other than just organic growth.

The ability of people to reach their own news sources now, and create different views, is really unbelievable, and [populism] may be part of this.

I do think [in USA] is a need for change. There is something wrong when you have $20 trillion of debt and crumbling infrastructure at the same time, and really fewer people employed than have been. Something is wrong.

We're a small part of this ecosystem. When we go to a school and talk about investment banking, they are these monster financial conglomerates, and so we end up in the same pot. That is still an issue for us.

I would point out is that most of the change over the past 5,000 years has been arithmetic, and it now logarithmic. Digitization, the whole Moore's law thing where it doubles every 18 months - that is a speed that is faster than most people are used to.