Bestselling author, tom friedman. [inaudible conversations]. From the failing New York Times, the truth is, that the times succeed on some fronts. And the central reason is that it is home to outstanding journalists, a standout among them, is tom friedman. [applause] you may have noticed in the program that there is a photo that purports to be tom friedman. You know, tom is young but looks like he is accelerating in reverse in that photo. Tom has spent his life getting out into the world doing thorough research and speaking to people in every station of life, and walk of life around the planet. The result is something quite different from the cynicism and snark and aggression we encounter so often in todays media universe. What we get instead is a pair of rarities, insight and wisdom. They are the products of real reporting and serious reflection, themselves, all too rare. Those qualities can be found, could be found in toms previous bestselling books, you can find them in toms latest. Thank you for being late, an entrepreneur mist guide. The former editor of bloomberg and former editor of the economist, wrote his review of toms book for New York Times, he wrote, it is hard to think of any other journalist explained as many complicated subjects to so many people. Among the central subjects tom explains now is the ever moreai exhausting pace of technological change. There have to be many of you, who like me, wonder whether theg can keep up with the rush of thm new in technology we encounter every day. And wonder too, what thewi seemingly endless revolutions in technology will signify for workers and kids and the entire human race. Tom explains why and how technology is changing with such speed, why things are going to get faster still, and where all this appears to be taking us. Now when tom tells us that things will get faster, and reminds us while there are at u least 10 billion things connected to internet, that is 1 00 mers of the possible total, you may well suffer anxiety that this book aims to cure but tom lets us know that it is going to be okay. You will be hearing from an optimist. Lets see if he can make optimists from all of you. There are other great forces tom addresses, the Global Markets which move with astounding speed and adaptability, finally and importantly, Climate Change. We can use those word here, by the way. [applause] bloombergs calls toms book an honest explanation for why the world is the way it is without miracle cures or scapegoats. The Financial Times in its review notes that tom offers sensible solutions but quote, does not offer, easy, sloganfriendly ideas. Imagine that, someone has proposed ways to confront the challenges of our World Without slogans, without miracle cures, and without scapegoats. That makes tom friedman a tonic for our times and it is my pleasure and honor to yield the floor to the great tom friedman. [applause] thank you. Thank you very much. [applause] wow, it is great to do a neighborhood concert. This is fantastic. Marti, thank you. We are in a golden age of journalism at least regards to newspapers, the New York Times and washington post. We are going at it every day. Pas [applause] one of the people essentially responsible for that golden age is marti baron. E it is an honor for me to be introduced by him. [applause] if you would silence your cell phones or put them on stun i will be forever grateful so. Thank you for being late, an optimists guide to the age of acceleration. People ask plea, where does come the title, thank you for being late . It comes from meeting people in washington, d. C. I live in bethesda for breakfast. I like not to waste breakfast downtown eating alone. I have organized business breakfast. Every once in a while someone comes 10, 15 lates. Tom, im really sorry, the weather, the traffic, the was ays, the doug ate my homework. The one of these days, my friend came and meeting at the adam, came usual. Tom, the weather traffic, the dog ate my homework. I spontaneously said to him, actually, peter, thank you for being late because you were late. I have been eavesdropping on their conversations. [laughter]. Fascinating. Ive been peoplewatching the i hay. Fantastic and best of all, best of all i just connected two ideas ive been struggling with for a month. So thank you for being late. People started to get into it. They say, well, youre welcome. Because they understood i was actually giving them permission gi to pause, slow down, reflect. My favorite quote in front of the book from my friend dell, when you press pause button on computer it stops but when you press the pause button on a human being, it starts. It starts to reflect, rethink, and reimagine. And boy, dont we need to do a lot of that now . Now this book, this book actually was triggered when i paused, when i engaged with someone i wouldnt normally engage with. Once a week i take subway to work. That means driving from my home on bradley boulevard to bethesda hyatt in the Public Parking garage and take the red line into dc to the New York Times office not far from the white house. Three years ago i did that, parked my car, spend the day at the office, kicked the redline back, drove to the cashier, looked at it, and said i know who you are. Great. I read your he said i dont always agree. I thought get me out of here. But they actually said well that is good. That means you always have to check them and i drove off thinking the parking guy reads my column. I took my trip to d. C. L parking garage, redline, parking garage, car, time stamped ticket, cashiers booths, same guy as they are. This guy he says mr. Friedman, i have my own blog. Er would you read my blog . I thought my god, the parking guy [inaudible] what just happened . Write it down and ill look it up. He tore off a piece of receipt paper and wrote it down. I got home, i called it up on my computer. It turns out hes ethiopian, was writing about ethiopian politics from the of the people, a real democracy advocate. And it was pretty good. It was a pretty good blog. I thought about him for a few days and i eventually concluded this was a sign from god that im should pause in engage this guy. But the only way i could do it was parked in the parking garage every day. Not three or four days. But we overlapped one morning at 7 00 a. M. And i parked under the so i couldnt come down. I got out of my car and i now know his name. I said i would like your email. I would like to send you a message, which he gladly gave me. That night, we began an email exchange and most of them in the front of the book. They are kind of funny. But i basically said to him in that sense, i have a propositio for you. I will teach you how to write a column for the New York Times. If you will tell me your life story. And he basically said i see you are proposing a deal. I like this deal. So he asked that we meet near his office out in bethesda at peets coffee house, brought some of and a Gift Certificate for putting them in the boat, which we did two weeks later. I came with a six page memo on how to write a column and he came with his life story. His life story is economics from a highly Scholastic University was a political act to this, a democracy advocate. His democracy activism eventually earned him a oneway ticket out of ethiopia. We welcomed here in our country as a political exile. Yes we did that. [applause] and he told me he was blogging on ethiopian website, but they wouldnt turn the stuff around fast enough, so eventually he decided to start his own blog and now mr. Friedman, i feel empowered. Th his google metrics say hes read 30 different countries. Its a wonderful story. Hes a wonderful man of how anyone today can participate in the global conversation. And he taught me so much about that and about his own country come ethiopia appeared i then paesented him with a six page memo. So the world is a big data problem, and this is my algorithm. I thought about some of this before, but i never put it together until i did it in the memo for him. I basically explained to him that a new story is meant tontii inform and it can do better orn worse. The post of marvel write a story about this and marty will tell w them whether they did that or worse. Abo but a column, an opinion article is meant to provoke. Its meant to produce a reaction. I need during the heating business or lighting business. Thats what i do. I mean there in motion in your illuminating something for you and if i do it well, i do a reaction and i can tell a site created heat or light at the reaction i get from readers. Some might read your column and say i didnt know that. Thats a good reaction. Some might say never looked at it that way. Thats a good reaction. I never connected those things more like your favorite you live for this is a columnist, happens four times a year. Mr. Friedman, you said exactly what i felt i didnt know how to say. God bless you. I want to kill you dead come to you in all your offspring. T i get that. That is usually heat and light also. But i explain to produce heat and light actually required a Chemical Reaction and he had to combine three chemicals. S the first is what is your value set . What are the set of ideas, values and principles you areri promoted in the world are you a communist, capitalist, neocon libertarian, marxist, with a set of values you are pushing . Second, how do you think the Machine Works . The machine is my shorthand. What are the Biggest Forces shaping more things in moreewayi places in more ways than more days . As a columnist i am always in my head a working theory about how they work. Because im trying to take my values and push the machine in their direction. And if i dont know how the, Machine Works, i either wont push it or i will push it in the wrong direction. In many ways, all my books have been an exploration about how the Machine Works. Lastly, what have you learned about people and culture, at the machine affects different people and culture and how they come back and affect the machine. There is no column without people in there so people without culture. Stir those three together, mix it up, let it rise, and bake for 45 minutes and if you do it right, you will produce a column that produces heat ideas. The more engaged on this, we had three sessions at peak coffee house and emails in between, the more i stepped back and said to him, that is what a column is about, whats my value set. Those of you who read me i know i have a rather quirky set of values, not quite a liberal, certainly not conservative. Thats because my values emerge from the Small Community i grew up with in minnesota in the 1950s and 60s and 70s at a time and place where politics work. And that had a huge impact on me to this day. How do i take the Machine Works today and what have i learned about people and culture . I decided that was the book i wanted to write and that is what thank you for being late is all about. The first half is about how the Machine Works in the second half is about how this machine today is not just changing your world. It is reshaping your world and it is reshaping five realms in particular, the work place, politics, geopolitics, ethics and community. So let me try to give you a quick run through. How does the machine work today . Well, i think what is shaping more things in more places in more ways on more days is the i fact that we are in the middle of three nonlinear acceleration and all at the same time withh the three largest forces on the planet, which i call the market, Mother Nature and moores law. I should tell you that i fixed the three together for a reason. One of my teachers in this book, something hes really taught me, which is i think essential to doing proper journalism today is never think in the box and never think outofthebox. Today he must think without a ay box. You need to be melding all of these disparate things together and in my case they are the market Mother Nature. So the market for me is digital globalization. Not your grandfathers globalization. Those containers on ships, planes and trains. If you do that today would go down. The digital globalization, whether through facebook or amazon, google, twitter, if you put that, it looks like a giant hockey stick. Mother nature for me is Climate Change, biodiversity loss and population growth in the developing world. If you put that on a graph, it looks like a hockey stick. A moores law, the first might appear for a second, point by gordon or the cofounder of intel in the 65. The speed and power of microchips would double roughly every 24 months and the price would stay roughly the same. Moores law has held up for 52 years. It is the engine driving all ethnological change today. Moores law tries more globalization. About once a year for the last 52 years, someone has written an article saying moores law is going to run out and for 52ha years, what they all have in common is they were all wrong. Moores law is alive and well. But your computer at home now is probably operating on an intel chipset is a 14nanometer chip. It has 37. 5 million transistors per square millimeter. You cannot see this. At the end of 2017, intel will introduce the under moral spa 100 million transistors per square millimeter. I know that is very abstract, hard to conceive what that means. Basically what it means is the difference between those two chips is between the self driving car that means the whole trying to contain the brains of that car so i can drive it helps in the self driving car will be of little box under the front seat. So if you think your world is fast now, wait until the end of the year. The intel engineers once try to explain the power of moores law. What if in 1971 Volkswagen Beetle had improved at the same white microchips have . N what would it be like today . A calculated the 1971 vw beetle today would go 300,000 miles an hour. He would get 2 million miles per gallon and it would cost 4 cents. Ubl to drive your entire life. That is the power of the technological exponential now driving our life. So my chapter on moores law and im going to talk about that today. Not the climate in the market. My chapter is called what the happened in 2007. What the happened in 2007 . What is this guy talking about . Here is what happened in 2007. The year was kicked off in january 2007 when when steve jobs introduced to this, the first iphone at the center in San Francisco, beginning ag process by which about half way through putting one of thoseg into the hands of virtually about halfway now, everyone on the planet. That is a handheld computer with more compute paper that doubles as a phone in the camera. That is the year it again. In 2007, a Company Called facebook, which has been previously confined to high schools and universities in late 2006 opening a platform to anyone with the registered email address in mid2007, three spoke with global. In 2007, a Company Called i twitter went off on its own independent platform and went global. In 2007, the most Important Software you may have never heard of, named after the founders sons toy elephant launched its algorithm into the wild and enabled a Million Computers to Work Together as if they are one seamlessly. That is the data now. It is based on two algorithms invented by google. But as the founder explains to me in the boat, google is in the future and send us letters back home. What google did was leave aav trail of red crumbs to the open Software Community and its algorithms they reversed the public version bearing this in a Major Company in washington d. C. Somewhere in the backgroundunnid running. In 2007, in the second most Important Software you may have never heard called the adam wire went public. It is what enabled any operatint system to work on any computer. You are used to that now, but it was very unique back then and that is what enabled cloud computing. Other commodity servers can run the operating system. 2007 a Company Called get help, the Worlds Largest repository for open Source Software opened his doors. In 2007 the Company Called google about a littleknown tv Company Called youtube. In 2007, google launched its own algorithm into the wild called android. In 2007, martys box, just as those introduced the worlds first ebook reader called the kindle and in 2007, ibm started the worlds first cognitive computer called watson. Were in 2007, three design students in San Francisco were attending the Design Conference that year and they notice all the hotel rooms were sold out. But one of them had three spare air mattresses and they decided to rent them out to people who couldnt get hotel rooms and it worked out so well in 2007 they started a Company Called air bmv. That is why its called airbnb because of the three air mattresses. In 2007, the internet cost a billion users for the first time. Actually late 2006, skilled in 2007. Heres what else happened. The cost of sequencing the human genome. For those of you in the back, in 2001 that cost us 100 million sequencing the human genome. 2006 that filed a 10 million then youll notice in one year it goes over a cliff like an ekg headed for a heart attack. That year is 2007. The price of sequencing the human genome collapses to 10,000. In 2007, solar energy took off. S as the process for extracting natural gas from shale called for hacking. Between 2006 and 2008, americas total natural gas reserves increased 35 . That is a spectacular number in 2007. Heres a graph of what social networks look like. So that white wine over on the left is actually the cost ofda generating a megabit of data. N