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20%, of the bottom 50%, of the bottom 90%, everyone continues to make progress. the rate of progress, however, is not symmetric across all people and that is the downside of capitalism, and we re certainly going through a cycle now where that downside is getting the focus of the democracies of the west. but i would argue that without the market, without the market based system, there wouldn t be as much technological innovation. and you can look at all the socialist and communist histories around the world, and technology has not been born from those markets. technology has been born from the free markets. and the free markets have allowed the industrial revolution, the internet, and the current age of bioengineering to really transform the human species, to transform medicine, to transform food, to transform industry, because the free markets operate. what you frame this as, dave, is constantly, you frame it as a set of technological challenges ....
Is doing right or wrong. i think time will tell what the benefits will be that will accrue ultimately to all people, if those discoveries do pan out, and they do yield benefit for us. dave friedberg, we have to end there, but thanks very much forjoining me on hardtalk. thanks for having me. hello. the start of the new week brought a big change ....
Parade celebrating their win. now on bbc news, it s hardtalk. welcome to hardtalk, from san francisco. i m stephen sackur. california was the launchpad for america s tech revolution. the giants of our digital age, the likes of gates, jobs, and musk, built their empires from right here in california. their work has transformed our lives, but it hasn t always been for the better. well, my guest today is the san francisco tech billionaire, dave friedberg. he says science and technology can and will fix humanity s problems. ....
To transform medicine, to transform food, to transform industry, because the free markets operate. what you frame this as, dave, is constantly, you frame it as a set of technological challenges which you believe we humans, backed by your money and people like you s money, we can overcome. but maybe, actually, what we need to be addressing isn t constant advance in science and technology. we need to be thinking about human prioritisation, about politics, because there are many people who say, frankly, we could feed the people of the world perfectly well today. the problem isn t a lack of technology. the problem is the way we run the planet. it s a political, not a technological problem. both are true. both are true, and they don t need to be dependent. it s not that you have to choose. we can continue to have really important social gain through political action, and we can also continue ....
Should we believe him? dave friedberg, in san francisco, welcome to hardtalk. yeah, thanks for. thanks for coming by. it s a real pleasure to be here. you describe yourself as an extreme optimist when it comes to we humans, and our ability to overcome the most fundamental challenges we face. what do you base that optimism on? well, i think history s a good predictor. so historically, humans have. ..found themselves facing existential threat, right, it started when we were roaming the savannah looking for food, and then, we realised we could engineer the earth and make food. and that was the dawn of agriculture. ....