1 00:00:00,000 --> 00:00:08,020 And it doesn't matter if you're in the United States with Roosevelt or if you're in Germany with Hitler or if you're in the USSR with Stalin. 2 00:00:08,020 --> 00:00:22,000 And you think about building the future, then you're building materials are those millions of people who are working hard in the factories, in the farms, the soldiers in the – you need them. 3 00:00:22,300 --> 00:00:24,980 You don't have any kind of future without them. 4 00:00:24,980 --> 00:00:34,980 And now fast forward to the early 21st century when we just don't need the vast majority of the population. 5 00:00:34,980 --> 00:00:58,980 On maybe a deeper level of the human mind is that people sense – a lot of people sense – that they are being left behind and left out of the story, even if their material conditions are still relatively good. 6 00:00:58,980 --> 00:01:09,980 In the 20th century, what was common to all the stories – the liberal, the fascist, the communist – is that the big heroes of the story were the common people. 7 00:01:09,980 --> 00:01:19,020 Not necessarily all people, but if you lived, say, I don't know, in the Soviet Union in the 1930s, life was very grim. 8 00:01:19,580 --> 00:01:28,220 But when you looked at the propaganda posters on the walls that depicted the glorious future, you were there. 9 00:01:28,220 --> 00:01:39,840 You looked at the posters which showed steelworkers and farmers in heroic poses, and it was obvious that this is the future. 10 00:01:39,840 --> 00:01:59,860 Now, when people look at the posters on the wall or listen to TED Talks, they hear a lot of, you know, these big ideas and big words about machine learning and genetic engineering and blockchain and globalization, and they are not there. 11 00:01:59,860 --> 00:02:05,860 They are no longer part of the story of the future. 12 00:02:05,860 --> 00:02:26,740 And I think that if I – again, this is a hypothesis – if I try to understand and to connect to the deep resentment of people in many places around the world, part of what might be going there is people realize – and they are correct in thinking that – that the future doesn't need me. 13 00:02:26,740 --> 00:02:42,840 You have all these smart people in California and in New York and in Beijing, and they are planning this amazing future with artificial intelligence and bioengineering and global connectivity and whatnot, and they don't need me. 14 00:02:43,120 --> 00:02:48,860 So maybe if they are nice, they will throw some crumbs my way, like universal basic income. 15 00:02:48,860 --> 00:02:57,840 But it's much worse psychologically to feel that you are useless than to feel that you are exploited. 16 00:02:58,120 --> 00:03:03,960 So talk about this, because this is one of the key ideas that you have been extremely articulate about. 17 00:03:04,360 --> 00:03:15,480 Talk about how you see technology shifting how things work and actually realizing those fears or risking realizing those fears even more deeply than you think people feel. 18 00:03:15,480 --> 00:03:20,160 So on one level, you know, it's the economic and military realities. 19 00:03:20,640 --> 00:03:34,240 If you go back to the middle of the 20th century, and it doesn't matter if you are in the United States with Roosevelt or if you are in Germany with Hitler or if you are in the USSR with Stalin, and you think about building the future, 20 00:03:34,240 --> 00:03:45,120 then your building materials are those millions of people who are working hard in the factories, in the farms, the soldiers in the... 21 00:03:45,120 --> 00:03:45,980 You need them. 22 00:03:46,280 --> 00:03:48,960 You don't have any kind of future without them. 23 00:03:48,960 --> 00:03:58,900 And now, fast forward to the early 21st century, when we just don't need the vast majority of the population. 24 00:03:59,740 --> 00:04:01,720 I see the need for a great reset. 25 00:04:02,380 --> 00:04:09,580 So people assume we are just going back to the good old world, which we had, and everything will be normal again. 26 00:04:10,100 --> 00:04:12,660 This is, let's say, fiction. 27 00:04:13,140 --> 00:04:14,000 It will not happen. 28 00:04:14,000 --> 00:04:26,380 When the Soviet Union, the Soviet Empire collapsed, the Empire collapsed, I moved in and picked up the pieces. 29 00:04:26,940 --> 00:04:36,280 First in Hungary in 1984, and then Poland in 87, China in 87 as well. 30 00:04:36,280 --> 00:04:44,860 And so this is how this, what I'm, the Soros Empire. 31 00:04:46,780 --> 00:04:49,320 Session we just attended here at the Economic Forum. 32 00:04:49,660 --> 00:04:52,740 I think there was a sense of relief, actually, in your frankness. 33 00:04:53,320 --> 00:04:55,660 You brought up some issues that others are reluctant to bring up. 34 00:04:55,660 --> 00:04:56,300 That's my trouble. 35 00:04:57,740 --> 00:04:58,260 Always. 36 00:04:59,840 --> 00:05:03,440 All the religious groups are against me because I'm talking about population. 37 00:05:03,440 --> 00:05:05,260 They want more souls. 38 00:05:06,020 --> 00:05:07,400 I want less on the planet. 39 00:05:07,400 --> 00:05:07,460 I want less on the planet.