Why is it Muslims from Pakistan or from Egypt come to America and thrive, and they are frustrated back home? It's about clean government. It's about a rule of law. It's about intellectual property protection. They've got all the talent and energy of anybody else. As new immigrants they may have more of it, so you put them in our system and they become doctors, lawyers, and businessmen and entrepreneurs.

The reason that we are becoming less equal is because of the greater requirements, secure requirements, for a good job. This goes back to the '80s basically, this started changing as globalization and the IT revolution merged, and each started to drive the other.

Oil 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.

Remember, the difference between the world frozen over, in an ice ball, and the warming period we're in now is just 6 degrees centigrade. A change of just 1 degree can have a huge effect.

It created a global platform that allowed more people to plug and play, collaborate and compete, share knowledge and share work, than anything we have ever seen in the history of the world.

The Arab awakening has been, up to now, a lot about freedom from dictatorial regimes - Syria, Yemen, Libya, Tunisia, Bahrain and Egypt. But once you got freedom from, then you need freedom to. Freedom from is about destroying things. Freedom to is about constructing things, constructing the rule of law.

What is the most entrepreneurial country in the Middle East today? It's Lebanon. Which country has no oil or gas? Lebanon. The same was true of Israel, the same was of Bahrain. You could see a real gradation. Turkey, for instance: no oil and gas, very entrepreneurial. You can either dig your future out of the ground or you can unlock the potential of your people.