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Armstrong & Getty On Demand

1/24/18 A&G Hr. 2 Ian Bremmer

Armstrong & Getty On Demand

iHeartPodcasts

News, Daily News, Society & Culture

4.63.5K Ratings

🗓️ 24 January 2018

⏱️ 38 minutes

🧾️ Download transcript

Summary

The always delightful and highly intelligent Ian Bremmer joins Joe Getty to talk about President Trump's appearance at the Davos conference.

Transcript

Click on a timestamp to play from that location

0:00.0

Music

0:20.0

See I'm showing you getting to show welcome to it. Thank you very much for tuning in as always.

0:26.0

It's always a pleasure, always informative, always fun to welcome Ian Bremer to the Armstrong and get you show Mr. Bremer is the president and founder of your Asia Group leading global political risk research and consulting firm.

0:38.0

It occurs to me we really need to put a link to the the top global risks for 2018 report that they put out fairly recently.

0:46.0

Mr. Bremer joins us now Ian, how are you sir? I'm very well. Good to be back with you. Thank you. I appreciate that. Listen, I want to talk about the conference in Davos and

0:54.0

and what's actually going on there and Donald Trump and the rest of it. But I absolutely love the tweet you put out pretty recently might have even been today that said Uber the world's largest taxi company owns no vehicles.

1:07.0

Facebook, the most popular media owner creates no content. Ali Baba, the most valuable retailer has no inventory. Airbnb, the largest accommodation provider owns no real estate.

1:19.0

And that Tom Goodwin put that out the old definitions are increasingly useless because I can hear somebody saying well, Uber is not really taxi company and they've missed the point completely.

1:33.0

Yeah, and you know, blockchain distributed ledger is going to do even more to allow network effects to create massive efficiency and economic growth but do it with fewer jobs.

1:48.0

I mean, the other point here is that all these firms produce an enormous amount of wealth and value but actually employ a lot fewer people than the old line manufacturing industries of yesterday.

2:02.0

Which is obviously a problem and disruptive politically, but we can get into that more. But I'm thinking is there is there a single way to look at the changing world that everybody listening involved in all the different businesses listeners are can look at this thing at the state of the world.

2:17.0

I was having a conversation with the fella we work with in San Francisco is talking about how anybody who thinks a quote unquote radio company is just a radio company is a fool and living in the past.

2:28.0

How do you embrace the change so you're not way behind the curve.

2:33.0

I guess you try to recognize that the economics are great and the politics suck and those two trajectories are not together sustainable.

2:44.0

So if the people running the firms don't find ways to ensure that they can better align with the politics.

2:53.0

They can make people realize that that growth and free trade is beneficial for them.

3:00.0

Then ultimately the liberal democratic models and the free market models that are politics and economics have grown together.

3:09.0

They're not going to be sustainable together.

3:12.0

That's interesting. That's really chilling. I saw you also tweeted a chart of the decreasing belief that it's essential to live in a democracy.

3:22.0

Yeah, that's the tough. Go ahead. Sorry.

3:26.0

No, I mean, you know part of that is because you know every every generation has to learn that democracy is not something that runs by itself.

3:33.0

You need to actually fight for those values or otherwise they rode and you know younger people didn't live with the threat of the Soviet Union, the Cuban missile crisis, potential armageddon.

...

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