We are entering a hyperconnected world where every boss now has more access, cheap access to cheap labor, cheap genius, cheap robot, cheap software, and then this world averages over. There is only one answer to that, and that is to get everyone as close as possible to some form of post-secondary education, it could be vocational, it can be liberal arts, it can be science and technology.
Thomas FriedmanOil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.
Thomas FriedmanI think we have lost our groove as a country. One of the reasons was the attack on 9/11. We got knocked off our game. From a country that always exported hope we went into the business of exporting fear.
Thomas Friedman