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CNN Fareed Zakaria GPS February 9, 2014 15:52:00

Were before because when you have a digital market it tends to be a whipper take all market. one or two or a few companies will dominate those markets. you don t need hundreds of thousands of local operators. what we re seeing happening with tax preparation is a microcosm of what is happening in lots of industries. okay. so you guys end the book optimistically and i want to give you a chance to explain that, even though i think a lot of this will trouble people. what can you do when confronting this reality of rising productivity and machines replacing humans even at the high-end of the food chain? yep. so for now, we re still adding jobs every month to the economy, so we have not totally decoupled job growth from economic growth. that indicates the right policies for now are to stimulate economic growth, job growth will come along with it. let s get our infrastructure in great shape. let s get our immigration policies correct, fix our educational system and create a ....

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CNN Fareed Zakaria GPS February 9, 2014 15:36:00

Research. amy chua first courted controversy with her book the battle hymn of the tiger mother. she is a law professor at yale as is her husband jed rubenfeld, the a co-author of her latest book the triple package. what got you interested in this? well, you know, we re both teachers at yale law school. a few years ago we noticed some strange facts. we were looking around and said what s up with all these mormon students? we noticed there were more cuban-americans than you might have expected and more nigerian-americans. we decided to check. and sure enough, asian-americans, indian-americans, nigerians, cubans, mormons, are quite a bit and a few other groups are disproportionately successful in this country. and the numbers are staggering. so new york city has an exam for its selective schools, and last year, what were the results? it was astonishing. i think it was something like i ....

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CNN Fareed Zakaria GPS February 9, 2014 15:42:00

This combination of a sense of insecurity with a sense of exceptionality that often generates this feeling of, you know, a drive, like i need to prove myself. do you think that there s some lesson people can learn? can you learn these cultural traits? undoubtedly. we show in the book there are many individuals, not from these groups that we discuss in detail, who also have all three of these traits. president obama is one. justice sonia sotomayorp. these are individuals who didn t come from the groups we re talking about and yet you can see if you read their biographies they have these traits and it helped them succeed. you re not saying be jewish, chinese, indian. think of yourself as special, be a little insecure and driven and more disciplined. delayed gratification. nothing jennettic. knowing about the superiority of one cur tour. these are underlying almost psychological traits. they are accessible in theory to ....

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CNN Fareed Zakaria GPS February 9, 2014 15:50:00

No emotion, does the same calculation every time and doesn t sleep. in many cases he s right. that the in the first machine age we replaced muscle power it was important to have a control system for that, that meant having a human. as we augment and replace mental power it s not as clear whether humans will be a substitute or a complement for the new machines and in many cases, it s the whole operation does run smoothly without humans. but i want to be clear give an example before we get to the caveat, let s give people the example you give in the book about tax preparation. that s a perfect example. with tax preparation, the folks at intuit have taken the process and cod fide it and digitized the process. once they ve digitized the process of tax preparation they can make a copy, ten copy, 100 million copies. these cost $39 and they do tax preparation as well as a professional you would have paid hundreds. ....

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CNN Fareed Zakaria GPS February 9, 2014 15:04:00

Aid. 30% was the cultivation of poppy and the production of raw heroin which is informal and underground. that leaves 10% of the economy, $1 billion, of self-sustaining legitimate economic activity. during the same year, the united states military spent $4 billion per month to protect a country with a real annual economic output of $1 billion. kabul is a metaphor for the country, brinkley said to me. it is a city sized for 500,000 people. it has grown to 8 million. who have been drawn to the city by the massive influx of foreign money, military and nonmilitary. but that money is going to slow down significantly soon. what happens then? he asks. brinkley worked for the pentagon to start up and build companies in iraq and afghanistan. fascinating experiences he recounts in the book and he came to the conclusion that the single most important task in both countries was to create a ....

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