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So this is it, Silicon Valley.
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There's Google just down here.
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Tesla, Apple's headquarters,
Facebook.
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And over there in the distance
you've got San Francisco.
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Airbnb, Uber, Twitter,
all based over there.
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It's absolutely unbelievable.
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The tech gods here are selling us
all a brighter future.
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We are one global community.
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With the technology in our pockets,
we can reclaim our cities.
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We don't want to be part of the
problem.
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We are and will continue to be
part of the solution.
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But Silicon Valley's promise to
build a better world
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00:00:52,040 --> 00:00:55,880
relies on tearing up
the world as it is.
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They call it disruption.
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My name is Jamie Bartlett.
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I'm a tech writer.
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I want to discover
what the reality is
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behind Silicon Valley's
utopian vision.
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Across the world, some communities
are fighting back
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against Silicon Valley's disruption.
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But what are the consequences
for the rest of us?
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If the world really does end,
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there's not going to be a lot of
places to run.
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VOICEOVER: This former Facebook
insider fears for the future.
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Within 30 years, half of humanity
won't have a job.
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And it could get ugly.
There could be a revolution.
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That's why I'm here.
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This is the story of the disruptors
of Silicon Valley
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and whether their promise
to build a better world
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could end up destroying everything.
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The tech gods are promising
us a sunny utopia.
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But could the forces they're
unleashing
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actually herald
a much darker future?
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00:02:08,640 --> 00:02:09,680
In the postapocalypse,
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the 5.56mm round will be
the currency
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of the new America. I guarantee you.
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It's not at all what I expected.
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Up close, Silicon Valley looks
so normal.
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Even a touch boring.
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What is it that makes this place
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such a force for change
in all our lives?
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That's it.
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Wow.
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So this place here...
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..is Rainbow Mansion.
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It's an intentional community
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of people working to optimise
the galaxy.
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So it seems like a pretty good place
to start.
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The mansion is home to a bunch of
global nomads
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who've come to Silicon Valley to
pursue their dreams.
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Jeremy? Hey.
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I'm Jamie. Welcome to Rainbow.
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VOICEOVER: Jeremy Swerdlow is a
virtual reality hardware designer
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and my guide.
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So could you show me a little
bit around?
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Yeah. There are people working on
stuff all over this house.
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Technology has been democratised in
a way that it never has been before.
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People just need a laptop,
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you can start an entire company
just on a laptop.
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Let me take you into the garage.
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Or the lab. The lab?
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You can't have a garage in
Silicon Valley,
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it's got to be a lab.
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So the rule here is if your car
isn't broken, it can't be in here.
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This is, this is for building,
this is for start-ups.
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This is for hardware and making
prototypes and building stuff.
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Garages play a crucial role
in the mythology Silicon Valley
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weaves around itself.
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Everyone remembers how
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Hewlett-Packard began in this one.
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Apple started in this one.
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And Google's early days were here.
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What is it that you're doing? So I'm
working out how to do CO2 conversion
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using ultraviolet energy from
the sun.
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You can reverse climate change,
you can terraform Mars...
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Reverse climate change!
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Yeah.
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Chemically, it's totally possible.
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This is called the hyper loop.
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Hyper loop is a new type of
transportation system.
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You shoot at very high speed
inside a tube
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and you can connect cities
in a very short amount of time.
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But you must believe that technology
like this is,
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in the end,
it's going to help people,
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it's going to help the world?
Yeah, of course. Yeah.
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We are explorers, we are pushing
boundaries, discovering new worlds.
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Every Sunday night,
the mansion hosts expert speakers.
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People come from all over
Silicon Valley to share ideas.
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You can't move without
falling over a plan
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to solve one of the
world's pressing problems.
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Our hamburger, the impossible
burger, made from plants,
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uses a small fraction of the land,
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the water, and the greenhouse
gas emissions
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that a traditional burger would use.
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We're looking to change the whole
food system in the US.
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And the world.
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Among this slightly cultish crowd
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I found a man who scaled the heights
of Silicon Valley.
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Bill Hunt created five start-ups he
sold for half a billion dollars.
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What do you think the attitude here
is to change and to changing things,
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changing how industries work,
changing how society works?
102
00:06:07,600 --> 00:06:08,720
There's a lot of that.
103
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There's a lot of focus on
disruption.
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VOICEOVER: Here it is.
The most potent idea
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at the heart of
Silicon Valley's ideology.
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Disruption.
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There is a mind-set here that's very
focused on disruption.
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What can you do such that you're not
just talking about
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how we can make money,
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but how can we do things
in a new way, in a better way,
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that makes the world better,
both financially and socially?
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It's thinking about, like, how do we
get rid of this previous industry,
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this previous architecture,
this previous system
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and find a new way to do it,
a way that's better?
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The quantum properties of different
matter can be in a superposition,
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meaning that they are...
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This place is kind of
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what the dream of Silicon Valley
is, I suppose.
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The... The idea that just armed with
a bit of technology
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and a thought about how to change
the world,
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you can actually make it happen.
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You can completely transform the
way things are done.
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And that you can use technology in a
way that will radically improve
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the lives of millions of people.
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And I think they really all believed
in that as well.
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The same fervour can be heard
from the tech gods too.
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In Silicon Valley, it's got a really
positive association.
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To be disruptive means you're
changing the world.
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It all sounds so hopeful.
130
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But behind Silicon Valley's
ideals of disruption
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is a more traditional
business reality.
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Cold, hard cash.
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Start-ups are drawn to
Silicon Valley
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because of another vast industry -
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venture capital.
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Financiers who gamble billions
of dollars on young companies
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in the hope of finding
another Facebook or Google.
138
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But investment has a consequence.
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The founders of the two most
valuable start-ups here,
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Airbnb and Uber,
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have attracted billions of dollars
of venture capital.
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Even though Airbnb has only just
begun to turn a profit
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and Uber has been
losing billions.
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Maybe more than profit,
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venture capitalists want to see
the potential for profit.
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And that creates a huge pressure on
these companies
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to show that they're always growing.
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Increasing the number of customers
as quickly as possible -
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"killing it", as they say here -
is the start-up mantra.
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But what does it mean
for Silicon Valley's mission
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to build a better world?
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San Francisco.
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Home of tech's newest disruptors,
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Uber and Airbnb.
155
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It is a city of extremes.
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Private buses take tech workers to
Silicon Valley.
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Not far away,
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food queues and the very different
lives of those left behind.
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I'm here to meet the tech company
that has raised more money than
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any other, more than $16 billion.
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Uber's not even a taxi company
at all, really.
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It's a sort of revolutionary
new type of transportation network.
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There's this fundamental need to
make transportation better,
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to make getting around cities
better.
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You're talking about literally
taking congestion off the road,
166
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you're talking about taking
pollution out of the air.
167
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Founder Travis Kalanick's utopian
vision sounds persuasive.
168
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But scandals over sexism and
bullying finished him off as CEO.
169
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There he is.
170
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Just eight years old,
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the company operates in more than
450 cities across 76 countries.
172
00:10:19,120 --> 00:10:23,680
So what's the truth about the kind
of world Uber is building?
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I'm meeting Uber's head of
transportation policy.
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Welcome. Wow, it's huge!
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What is the aesthetic?
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Open. I think. Open-plan.
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Food.
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So tell me a bit about
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what the kind of vision of Uber is.
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Yeah. I mean, the vision is
getting away from everybody needing
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to drive their own car
everywhere they go.
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Right, if you look at
a place like the US,
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where the overwhelming majority of
travel is done by people driving
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their own car, and that has lots of
consequences.
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Not just in terms of the number of
vehicles people need to own,
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but how cities are designed and
laid out.
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Everything from the amount
of parking that we have,
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to the amount of fatalities on
the road, to environmental impact.
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VOICEOVER: There it is.
190
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A pure expression
of Silicon Valley utopianism.
191
00:11:15,400 --> 00:11:18,720
Is this a profit-making company,
or is it a social mission, then?
192
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What is this?
That's what's nice about it.
193
00:11:20,960 --> 00:11:24,200
I think by driving the business
towards supporting people
194
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into shared cars... Right, there's a
profit-making incentive there,
195
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obviously we're here to make money
as a private business.
196
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But as you start to get into
different places
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and you change how
people use vehicles,
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then you have all these other
effects that you start to open up.
199
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In Silicon Valley,
there is no contradiction
200
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between chasing a healthy profit
201
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and claiming to be working
for the good of humanity.
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But disruption means what it says.
203
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Around the world, traditional taxi
drivers have protested
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about Uber undercutting
their prices.
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00:11:58,800 --> 00:12:01,760
It's classic Silicon Valley
disruption -
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00:12:01,760 --> 00:12:03,360
destroying old industries
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by providing a popular,
cheap alternative.
208
00:12:06,680 --> 00:12:10,880
But the social cost of this
disruption goes much further.
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India.
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Home to more than a billion people
and Uber's top target
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for global growth.
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I'm in Hyderabad to see the
human consequences
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of the disruption
cooked up in San Francisco.
214
00:12:31,040 --> 00:12:34,160
Uber is promising a new kind of
flexible job,
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00:12:34,160 --> 00:12:35,880
empowering its drivers.
216
00:12:45,840 --> 00:12:49,080
But the reality has been far
less liberating.
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00:12:52,760 --> 00:12:57,600
Narasimha and Mahendar
were attracted by Uber's pitch.
218
00:13:08,200 --> 00:13:10,840
With no profits and under huge
pressure
219
00:13:10,840 --> 00:13:12,720
to grow against a strong
local rival,
220
00:13:12,720 --> 00:13:16,520
Uber ran adverts on
billboards and in the press,
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00:13:16,520 --> 00:13:20,800
promising drivers up
to £1,100 a month,
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00:13:20,800 --> 00:13:23,800
around four times what these drivers
had been earning.
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00:13:28,560 --> 00:13:31,080
Car ownership is low in India,
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00:13:31,080 --> 00:13:34,800
especially among those likely to
drive for Uber.
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00:13:34,800 --> 00:13:38,840
So the company helps drivers borrow
money to buy new cars.
226
00:13:40,720 --> 00:13:46,960
Narasimha borrowed around £12,500
to buy a Tata Indigo.
227
00:13:46,960 --> 00:13:51,000
Mahendar borrowed around £8,000 to
buy a Tata Indica.
228
00:14:04,720 --> 00:14:07,000
As the number of Uber drivers rose,
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00:14:07,000 --> 00:14:09,520
the number of customers did not
keep up,
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00:14:09,520 --> 00:14:11,560
so earnings fell.
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00:14:11,560 --> 00:14:15,480
With a ready supply of drivers,
the company cut incentives too.
232
00:14:30,280 --> 00:14:34,720
I'm meeting one family whose lives
have been utterly changed
233
00:14:34,720 --> 00:14:37,440
after Uber's promise
turned to a nightmare.
234
00:14:59,640 --> 00:15:02,800
Mohammed Zaheer worked
as a taxi driver.
235
00:15:02,800 --> 00:15:06,760
When Uber opened up,
he couldn't wait to join.
236
00:15:06,760 --> 00:15:10,040
Was he excited by this opportunity?
237
00:15:18,400 --> 00:15:23,280
Mohammed borrowed around £8,500
to buy a Tata Indicar.
238
00:15:23,280 --> 00:15:26,560
Soon his earnings fell,
like many other drivers.
239
00:15:35,440 --> 00:15:38,360
Were you under pressure from,
240
00:15:38,360 --> 00:15:41,120
from people who lent you money?
241
00:15:52,720 --> 00:15:57,400
In 2015, Mohammed joined other
Uber drivers on strike,
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00:15:57,400 --> 00:15:59,320
angry over falling earnings.
243
00:16:01,040 --> 00:16:03,200
Noorjahan remembers the last time
244
00:16:03,200 --> 00:16:05,280
she spoke to her husband
on the phone.
245
00:16:23,600 --> 00:16:26,440
A few hours later,
Mohammed was found dead.
246
00:16:43,480 --> 00:16:44,880
Mohammed had hanged himself.
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00:16:46,560 --> 00:16:49,800
His body was taken
to the Uber offices.
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00:16:49,800 --> 00:16:51,000
The company did not respond.
249
00:16:54,880 --> 00:16:56,680
I mean, after everything
that's happened...
250
00:16:58,760 --> 00:17:01,880
..what do you now think
of Uber as a company?
251
00:17:24,360 --> 00:17:28,000
Two other Uber drivers have killed
themselves in Hyderabad.
252
00:17:28,000 --> 00:17:32,200
A former Uber executive has
agreed to talk to me anonymously.
253
00:17:33,600 --> 00:17:36,920
Do you think you could have been,
or should have been, more...
254
00:17:39,000 --> 00:17:44,040
..open with the drivers about how
their salaries or their incentives
255
00:17:44,040 --> 00:17:45,880
might change in the future?
256
00:17:47,080 --> 00:17:50,040
I could have been. I would say, yes.
257
00:17:50,040 --> 00:17:52,480
Obviously, yes. Drivers were misled.
258
00:17:52,480 --> 00:17:54,200
They're totally misled.
259
00:17:54,200 --> 00:17:57,120
That is actually causing all the
pain for a lot of people.
260
00:18:04,760 --> 00:18:09,440
The mantra of Silicon Valley is that
disruption is always good.
261
00:18:09,440 --> 00:18:13,080
And through smartphones
and digital technology,
262
00:18:13,080 --> 00:18:19,160
we can create more efficient,
more convenient, faster services.
263
00:18:19,160 --> 00:18:21,240
And everyone wins from that.
264
00:18:21,240 --> 00:18:23,840
But behind that beautifully
designed app,
265
00:18:23,840 --> 00:18:25,320
or that slick platform,
266
00:18:25,320 --> 00:18:28,720
there's a quite brutal form
of capitalism unfolding,
267
00:18:28,720 --> 00:18:31,760
and it's leaving some of the poorest
people in society behind.
268
00:18:35,360 --> 00:18:38,480
In a statement, Uber said their
heart goes out to Noorjahan
269
00:18:38,480 --> 00:18:42,360
and her family. Uber supported the
authorities' investigation
270
00:18:42,360 --> 00:18:45,520
of this case and will continue to do
so if requested.
271
00:18:46,640 --> 00:18:49,680
Uber said drivers are at the heart
of what they do
272
00:18:49,680 --> 00:18:52,520
and they're committed
to improving their experience.
273
00:18:52,520 --> 00:18:55,840
In India, Uber is listening to them
and acting on what they learn.
274
00:19:02,040 --> 00:19:03,880
Back in Silicon Valley,
275
00:19:03,880 --> 00:19:08,080
I'm realising how much energy the
tech titans devote to one thing...
276
00:19:09,760 --> 00:19:13,240
..presenting themselves as the
heroes of the people,
277
00:19:13,240 --> 00:19:15,720
taking on all kinds of vested
interests.
278
00:19:17,920 --> 00:19:21,560
One of the most remarkable branding
tricks of the 21st century
279
00:19:21,560 --> 00:19:24,600
has been the way that Silicon Valley
has managed to persuade us
280
00:19:24,600 --> 00:19:27,040
that they're not
like other companies.
281
00:19:27,040 --> 00:19:31,920
I mean, when you think about banks
or big pharma, oil,
282
00:19:31,920 --> 00:19:35,600
you imagine them as being driven
only by profit.
283
00:19:35,600 --> 00:19:39,080
And yet Silicon Valley, we imagine,
is different.
284
00:19:39,080 --> 00:19:43,480
They are puffed up with
social purpose to improve the world,
285
00:19:43,480 --> 00:19:45,080
that they're the good guys.
286
00:19:48,600 --> 00:19:50,800
Dear stranger,
287
00:19:50,800 --> 00:19:54,040
when I booked this trip,
my friend said I was crazy...
288
00:19:54,040 --> 00:19:57,080
The founders of Airbnb, for example,
289
00:19:57,080 --> 00:19:59,360
are connecting the world,
290
00:19:59,360 --> 00:20:02,840
not simply allowing people to
advertise holiday lets.
291
00:20:02,840 --> 00:20:05,800
I just wanted to thank you for
sharing your world with me.
292
00:20:07,240 --> 00:20:09,440
Airbnb, belong anywhere.
293
00:20:13,440 --> 00:20:17,600
This is Airbnb's global headquarters
in San Francisco.
294
00:20:20,200 --> 00:20:22,560
I wonder whether I'll get
another dose
295
00:20:22,560 --> 00:20:24,880
of Silicon Valley utopianism here.
296
00:20:28,120 --> 00:20:29,560
We're on our way.
297
00:20:32,200 --> 00:20:33,600
Chris, I'm Jamie.
298
00:20:33,600 --> 00:20:35,080
How are you doing? Nice to meet you.
299
00:20:36,560 --> 00:20:40,520
VOICEOVER: Chris Lehane was once
called the master of disaster.
300
00:20:40,520 --> 00:20:44,800
As Bill Clinton's spin doctor, he
managed the Monica Lewinsky scandal.
301
00:20:46,680 --> 00:20:49,480
Chris is now Airbnb's
head of global policy.
302
00:20:50,920 --> 00:20:53,400
Like all the tech gods of
Silicon Valley,
303
00:20:53,400 --> 00:20:58,560
the founders of Airbnb have
their own exulted creation myth.
304
00:20:58,560 --> 00:21:01,440
Two of the three founders were
living in an apartment
305
00:21:01,440 --> 00:21:03,520
on Rausch Street in San Francisco.
306
00:21:03,520 --> 00:21:07,000
There was actually an art conference
that was coming to the city,
307
00:21:07,000 --> 00:21:08,320
so they came up with this idea
308
00:21:08,320 --> 00:21:11,160
that they advertised as air bed
and breakfast on a lister
309
00:21:11,160 --> 00:21:12,640
and, after that weekend,
310
00:21:12,640 --> 00:21:15,240
a light bulb went over their head,
which is,
311
00:21:15,240 --> 00:21:16,560
maybe there is a business here.
312
00:21:16,560 --> 00:21:19,120
So, hang on, is this a model of
their room?
313
00:21:19,120 --> 00:21:21,320
This is a model of one of the rooms
314
00:21:21,320 --> 00:21:23,640
that would have been in
the original listing,
315
00:21:23,640 --> 00:21:27,080
and there's actually something
called, up on the fourth floor,
316
00:21:27,080 --> 00:21:30,360
which I think is around the corner
over here, called the founders' den,
317
00:21:30,360 --> 00:21:33,440
where they actually did their
meetings and came up with the idea.
318
00:21:35,040 --> 00:21:41,560
Today, Airbnb is a global giant,
valued at around $31 billion,
319
00:21:41,560 --> 00:21:45,160
but it doesn't see itself as
big business.
320
00:21:45,160 --> 00:21:49,000
We do like to think of ourselves as
a different type of company.
321
00:21:49,000 --> 00:21:52,720
The founders' initial idea was
make money off of what is typically
322
00:21:52,720 --> 00:21:54,840
your greatest expense,
which is your housing,
323
00:21:54,840 --> 00:21:59,000
to be able to stay in your housing,
and that still remains true today.
324
00:21:59,000 --> 00:22:01,760
You know, over half the people who
are on the platform
325
00:22:01,760 --> 00:22:05,480
are low to moderate income people,
regular people.
326
00:22:05,480 --> 00:22:09,360
They use it to cover basic expenses,
including the cost of their housing.
327
00:22:09,360 --> 00:22:13,600
Airbnb believes its online
marketplace is empowering people.
328
00:22:14,800 --> 00:22:18,480
Our founders, they came up with
a real vision here,
329
00:22:18,480 --> 00:22:20,880
and the vision was to be able to use
the platform
330
00:22:20,880 --> 00:22:22,360
to connect people to people.
331
00:22:22,360 --> 00:22:24,480
We like to say, we are of the
people, by the people,
332
00:22:24,480 --> 00:22:27,080
for the people, but really they use
the platform so that people can
333
00:22:27,080 --> 00:22:28,440
spend time with one another.
334
00:22:28,440 --> 00:22:30,520
You think about what's going on in
the world today,
335
00:22:30,520 --> 00:22:32,640
and people are talking about
building walls,
336
00:22:32,640 --> 00:22:34,120
closing doors, putting up barriers.
337
00:22:34,120 --> 00:22:36,720
A real question of whether we are
going to have an open society
338
00:22:36,720 --> 00:22:38,800
or a closed society, and this
is a place
339
00:22:38,800 --> 00:22:40,800
that is really focused
on using technology
340
00:22:40,800 --> 00:22:43,040
to help create an open society.
341
00:22:43,040 --> 00:22:46,760
Airbnb claims to be on the side of
the little people,
342
00:22:46,760 --> 00:22:49,520
and the only losers from
their disruption
343
00:22:49,520 --> 00:22:51,440
are traditional hotel owners.
344
00:22:54,240 --> 00:22:56,960
But that's not how it feels in
Barcelona,
345
00:22:56,960 --> 00:23:00,080
where Airbnb has run
into a spot of bother.
346
00:23:02,960 --> 00:23:06,400
These people have rented an
apartment through the website.
347
00:23:07,640 --> 00:23:13,200
They are not tourists but locals,
staging a protest against Airbnb.
348
00:23:14,400 --> 00:23:17,160
They are angry rents
in the city are going up
349
00:23:17,160 --> 00:23:20,640
as landlords cater
more and more to tourists.
350
00:23:20,640 --> 00:23:24,760
They are increasing the prices of
the normal rents in Barcelona.
351
00:23:38,320 --> 00:23:40,960
The local government
is trying to control
352
00:23:40,960 --> 00:23:44,000
the growth of tourist
accommodation in the city.
353
00:23:44,000 --> 00:23:47,400
All short-term rental properties
must be licensed.
354
00:23:47,400 --> 00:23:48,840
This flat isn't.
355
00:23:51,720 --> 00:23:54,560
The group prepare a statement they
will read from the balcony.
356
00:24:06,400 --> 00:24:09,720
Before long, the agent managing
the property arrives.
357
00:24:43,760 --> 00:24:48,720
It turns out the agent is managing
13 properties in Barcelona,
358
00:24:48,720 --> 00:24:50,120
all advertised on Airbnb.
359
00:25:07,120 --> 00:25:11,560
It's not just Barcelona that has
seen protests like this.
360
00:25:11,560 --> 00:25:15,840
Residents of other cities around the
world have also raised fears Airbnb
361
00:25:15,840 --> 00:25:18,840
is driving up rents and pushing
locals out.
362
00:25:30,240 --> 00:25:34,040
Airbnb has now banned this
property agent from the platform
363
00:25:34,040 --> 00:25:35,680
for breaking their rules.
364
00:25:40,600 --> 00:25:43,680
These were local protesters that
were in the streets,
365
00:25:43,680 --> 00:25:46,920
unhappy with the way Airbnb
was working with the authority,
366
00:25:46,920 --> 00:25:49,960
and the effects that was having
in Barcelona.
367
00:25:49,960 --> 00:25:52,840
It wasn't large corporations. It was
ordinary citizens in the city.
368
00:25:52,840 --> 00:25:54,200
But that makes the point.
369
00:25:54,200 --> 00:25:56,360
There isn't a regulatory structure
in Barcelona.
370
00:25:56,360 --> 00:25:59,120
The government, up until recently,
371
00:25:59,120 --> 00:26:02,000
has resisted actually getting
involved, sitting down like we're
372
00:26:02,000 --> 00:26:03,160
sitting down right now,
373
00:26:03,160 --> 00:26:06,000
and actually coming up with a
regulatory structure that can work.
374
00:26:06,000 --> 00:26:08,840
In a number of other cities,
people have sat down
375
00:26:08,840 --> 00:26:11,520
and we've figured it out,
and it's really working well.
376
00:26:11,520 --> 00:26:13,680
So, at the end of the day,
377
00:26:13,680 --> 00:26:17,160
to address something that is
a new thing that has come along,
378
00:26:17,160 --> 00:26:20,280
you actually have to have both sides
sit down and figure it out
379
00:26:20,280 --> 00:26:21,800
and work it through.
380
00:26:24,880 --> 00:26:27,760
It's a classic argument
from the disruptors.
381
00:26:27,760 --> 00:26:31,520
Regulators, governments, elected
politicians,
382
00:26:31,520 --> 00:26:33,200
they all have to catch up,
383
00:26:33,200 --> 00:26:36,600
change their policies to take
account of the new reality.
384
00:26:40,760 --> 00:26:44,480
In fact, Silicon Valley seems
to have a pretty dim view
385
00:26:44,480 --> 00:26:46,760
of governments in general.
386
00:26:46,760 --> 00:26:49,840
That is most evident when
it comes to tax.
387
00:26:49,840 --> 00:26:51,640
David. Hey. Wonderful to meet you.
388
00:26:51,640 --> 00:26:53,480
How are you doing? Doing well.
389
00:26:53,480 --> 00:26:55,360
I'm here to see Larry.
390
00:26:55,360 --> 00:26:57,600
Yeah, we're going to take you right
over there.
391
00:26:57,600 --> 00:27:00,840
You can get an idea of
Silicon Valley's attitude to tax
392
00:27:00,840 --> 00:27:04,480
by looking at how the companies
behave in their own back yard.
393
00:27:05,680 --> 00:27:08,080
Larry. Jamie, how are you doing?
394
00:27:08,080 --> 00:27:10,160
Glad to see you.
What a beautiful office.
395
00:27:10,160 --> 00:27:11,480
Glad you're here.
396
00:27:13,640 --> 00:27:18,080
Larry Stone is the assessor for
Santa Clara County,
397
00:27:18,080 --> 00:27:22,160
a friend of presidents
and would-be presidents.
398
00:27:22,160 --> 00:27:26,200
Within a five-mile radius
of where we're standing...
399
00:27:27,440 --> 00:27:32,080
..almost all the major corporations
in Silicon Valley -
400
00:27:32,080 --> 00:27:36,360
Google, Apple,
Facebook's about five miles away.
401
00:27:36,360 --> 00:27:40,680
Companies here pay local property
tax at a rate of 1%
402
00:27:40,680 --> 00:27:44,480
of the value of all
their buildings and equipment.
403
00:27:44,480 --> 00:27:46,960
It's the job of Larry and his team
404
00:27:46,960 --> 00:27:49,800
to work out the value of this
property.
405
00:27:49,800 --> 00:27:54,880
I'm interested in whether those
tech firms tend to disagree
406
00:27:54,880 --> 00:27:56,840
with what you're saying
they owe in tax.
407
00:27:56,840 --> 00:27:58,160
Many of them do, yes.
408
00:27:58,160 --> 00:28:02,960
I mean, we have about $70 billion
409
00:28:02,960 --> 00:28:07,200
of what we call value at risk.
410
00:28:07,200 --> 00:28:09,240
Sorry, $70 billion?
411
00:28:09,240 --> 00:28:10,480
Of assessed value at risk.
412
00:28:10,480 --> 00:28:13,080
What, that's being appealed or
disputed by those companies?
413
00:28:13,080 --> 00:28:15,120
Correct. Correct.
414
00:28:15,120 --> 00:28:18,920
And about 80% of that are major
corporations -
415
00:28:18,920 --> 00:28:20,360
Apple, Google.
416
00:28:25,880 --> 00:28:27,560
Larry wants to show me the subject
417
00:28:27,560 --> 00:28:31,040
of one of his biggest battles
over tax.
418
00:28:31,040 --> 00:28:32,640
Apple.
419
00:28:32,640 --> 00:28:34,880
When completed, their new
headquarters
420
00:28:34,880 --> 00:28:38,480
will be the most impressive in
Silicon Valley.
421
00:28:38,480 --> 00:28:39,720
Quite the place, huh?
422
00:28:44,200 --> 00:28:46,680
But why? Isn't this just a public
street?
423
00:28:49,440 --> 00:28:51,200
Why are they so secretive?
424
00:28:51,200 --> 00:28:53,760
That's the mind-set,
425
00:28:53,760 --> 00:28:57,400
the culture of the company
is secrecy.
426
00:28:57,400 --> 00:28:58,400
And always has been.
427
00:29:00,280 --> 00:29:02,760
VOICEOVER: The constant hum of mild
paranoia
428
00:29:02,760 --> 00:29:05,000
is never far away in
Silicon Valley.
429
00:29:06,960 --> 00:29:07,960
But we can...
430
00:29:09,600 --> 00:29:12,200
These folks are from the BBC.
431
00:29:14,160 --> 00:29:15,960
No, he's filming me, I think.
432
00:29:15,960 --> 00:29:16,880
OK.
433
00:29:19,360 --> 00:29:21,520
Yeah. Well, we're just standing
in the street.
434
00:29:25,400 --> 00:29:28,280
With a mile-long circumference,
435
00:29:28,280 --> 00:29:31,560
Apple Park will be
a modern-day Colosseum.
436
00:29:31,560 --> 00:29:34,600
Its centre will be a park for
Apple staff.
437
00:29:34,600 --> 00:29:38,640
It's expected to cost more than
$5 billion.
438
00:29:38,640 --> 00:29:40,440
Look at this, the scale of it.
439
00:29:40,440 --> 00:29:42,840
Yeah. It's for show as well.
440
00:29:42,840 --> 00:29:44,880
It's like sort of...
441
00:29:44,880 --> 00:29:49,000
It's like emperors building a new
temple to themselves, you know.
442
00:29:50,240 --> 00:29:51,960
It's sort of vanity.
443
00:29:51,960 --> 00:29:54,520
It's unbelievable.
It's a vanity project.
444
00:29:54,520 --> 00:29:58,720
If Steve Jobs was here right now,
he would love to hear you say that.
445
00:29:58,720 --> 00:30:01,160
Steve, it's working!
446
00:30:01,160 --> 00:30:03,120
THEY LAUGH
447
00:30:03,120 --> 00:30:07,840
Last year, Apple paid nearly
$34 million in local property tax,
448
00:30:07,840 --> 00:30:10,520
the second largest amount in
Santa Clara County.
449
00:30:12,360 --> 00:30:16,240
But it is disputing the largest
amount of value,
450
00:30:16,240 --> 00:30:19,880
covering 2010 to 2015.
451
00:30:19,880 --> 00:30:25,160
We have $6.8 billion worth of
assessment appeals.
452
00:30:25,160 --> 00:30:27,320
So you said it's worth
£6.8 billion.
453
00:30:27,320 --> 00:30:32,200
Yeah. They say it's worth
57 million.
454
00:30:32,200 --> 00:30:34,920
OK. That's...
So they're essentially...
455
00:30:34,920 --> 00:30:37,560
That's a big...
That's a pretty big...
456
00:30:37,560 --> 00:30:41,040
They are disputing
99% of their value.
457
00:30:41,040 --> 00:30:46,480
How do you...?
How can it be possible that you say,
458
00:30:46,480 --> 00:30:51,120
this stuff you own is worth nearly
$7 billion, and they say,
459
00:30:51,120 --> 00:30:52,600
no, it's only worth 50 million?
460
00:30:53,960 --> 00:30:57,080
How is that possible? Well, because
that's what they file.
461
00:30:57,080 --> 00:31:01,800
Now, obviously,
it's not worth $57 million.
462
00:31:01,800 --> 00:31:04,160
So how are they coming up with
this number?
463
00:31:06,240 --> 00:31:08,680
Pulling it out of some part of
their anatomy,
464
00:31:08,680 --> 00:31:12,120
but I don't know if it's the top of
their head or is it something else.
465
00:31:13,520 --> 00:31:16,360
If Apple's appeal succeeds in full,
466
00:31:16,360 --> 00:31:21,600
$68 million of tax would be slashed
to just over $0.5 million.
467
00:31:24,160 --> 00:31:27,800
Apple isn't the only tech titan
filing local property tax appeals.
468
00:31:29,560 --> 00:31:33,400
The company has funded over
$70 million of local improvements.
469
00:31:34,760 --> 00:31:38,720
VOICEOVER: But I wondered what Larry
thought all this means for society.
470
00:31:38,720 --> 00:31:42,840
After all, this local tax
pays for schools and other services.
471
00:31:44,120 --> 00:31:48,040
In the '50s, '60s and '70s,
Detroit was the envy of the world.
472
00:31:48,040 --> 00:31:50,120
Today, Detroit is in bankruptcy.
473
00:31:50,120 --> 00:31:54,040
We could go the same way if we don't
solve our public education
474
00:31:54,040 --> 00:31:57,320
and if we don't resolve
our commitment to the community
475
00:31:57,320 --> 00:32:00,520
as a people,
as citizens and corporations.
476
00:32:02,720 --> 00:32:05,720
Around the world, tech giants have
been accused
477
00:32:05,720 --> 00:32:08,360
of aggressively minimising
their tax bills.
478
00:32:09,760 --> 00:32:14,640
The EU is demanding Apple pay up
to £11 billion of tax
479
00:32:14,640 --> 00:32:17,520
it says is owed to Ireland.
480
00:32:17,520 --> 00:32:19,960
But how they deal locally with
these issues,
481
00:32:19,960 --> 00:32:22,760
how they deal locally with
their local taxman,
482
00:32:22,760 --> 00:32:25,760
says something about
the culture of these places,
483
00:32:25,760 --> 00:32:31,120
the general approach of always
trying to minimise the tax they pay
484
00:32:31,120 --> 00:32:34,040
or trying to work around
governments.
485
00:32:34,040 --> 00:32:36,600
It makes a lot more sense
486
00:32:36,600 --> 00:32:39,800
when you come here and you see how
a company like Apple behaves
487
00:32:39,800 --> 00:32:41,640
in its own back yard.
488
00:32:51,640 --> 00:32:55,040
Of course, there's nothing new about
technological disruption.
489
00:32:56,680 --> 00:32:58,720
Steam power, electricity,
490
00:32:58,720 --> 00:33:01,880
production lines destroyed
the industries that existed
491
00:33:01,880 --> 00:33:04,760
before them and forced
governments to change.
492
00:33:05,920 --> 00:33:08,880
The world survived, life got better.
493
00:33:08,880 --> 00:33:12,920
The question now is whether the
Silicon Valley revolution
494
00:33:12,920 --> 00:33:15,000
is going to be different.
495
00:33:15,000 --> 00:33:19,440
The big secret in Silicon Valley is
that the next wave of disruption
496
00:33:19,440 --> 00:33:21,640
is not going to be like the last,
497
00:33:21,640 --> 00:33:26,360
because it could tear apart
the way capitalism works.
498
00:33:26,360 --> 00:33:28,760
And, as a result, the way we live
our lives
499
00:33:28,760 --> 00:33:30,360
could be utterly transformed.
500
00:33:40,160 --> 00:33:42,760
Early morning on the edge of
Orlando, Florida.
501
00:33:45,000 --> 00:33:47,880
I'm heading into the coming world.
502
00:33:50,200 --> 00:33:55,000
I'm on my way to do some disrupting
with a group of people
503
00:33:55,000 --> 00:33:58,680
who want to change an entire
industry,
504
00:33:58,680 --> 00:34:02,040
and they might end up changing
the whole global economy
505
00:34:02,040 --> 00:34:03,080
and how it works.
506
00:34:08,760 --> 00:34:12,000
Our mission begins in the car park
of a home improvement store.
507
00:34:14,360 --> 00:34:18,200
It's not the most obvious place to
start a revolution,
508
00:34:18,200 --> 00:34:21,560
but this one has a certain
do-it-yourself quality.
509
00:34:24,040 --> 00:34:25,880
It's absolutely huge.
510
00:34:29,680 --> 00:34:32,040
I've never been in a truck before.
511
00:34:32,040 --> 00:34:33,720
Oh, wow, this is it.
512
00:34:33,720 --> 00:34:35,240
Yeah.
513
00:34:35,240 --> 00:34:37,920
VOICEOVER: Meet
Stefan Seltz-Axmacher,
514
00:34:37,920 --> 00:34:40,760
a 27-year-old who's raised
$5 million
515
00:34:40,760 --> 00:34:43,480
with his plan to change the future.
516
00:34:46,360 --> 00:34:49,200
Tony Hughes is key to Stefan's plan.
517
00:34:50,440 --> 00:34:51,440
What is this?
518
00:34:54,040 --> 00:34:55,920
And we've got to get this over to...
519
00:34:57,320 --> 00:34:58,640
Which is... How far is that?
520
00:35:00,320 --> 00:35:03,600
All right, so we've got...
How long have we got in the truck?
521
00:35:03,600 --> 00:35:05,960
Well, then, let's do it. All aboard.
522
00:35:07,520 --> 00:35:09,200
All right.
523
00:35:09,200 --> 00:35:10,120
Let's go.
524
00:35:15,640 --> 00:35:19,440
More than three million trucks carry
freight on America's highways.
525
00:35:22,320 --> 00:35:24,560
This truck isn't like the others.
526
00:35:34,280 --> 00:35:35,640
Tony, is the system good?
527
00:35:36,760 --> 00:35:38,320
Car check, is the system good?
528
00:35:39,760 --> 00:35:41,840
OK. Rosebud on, Rosebud on.
529
00:35:45,600 --> 00:35:48,960
So you're not touching the wheel.
I can see the other wheel's moving.
530
00:35:50,640 --> 00:35:52,160
My God!
531
00:35:54,080 --> 00:35:55,440
It's quite scary.
532
00:35:57,040 --> 00:35:58,480
It's just driving itself, man.
533
00:36:00,320 --> 00:36:04,120
Stefan and his team have made
this truck drive itself
534
00:36:04,120 --> 00:36:05,600
by adding a computer
535
00:36:05,600 --> 00:36:08,040
that controls the pedals and
steering wheel.
536
00:36:09,600 --> 00:36:13,760
They're hoping, by adapting the huge
existing truck fleet,
537
00:36:13,760 --> 00:36:18,000
they can beat bigger rival companies
racing to build expensive
538
00:36:18,000 --> 00:36:21,040
self-driving trucks from scratch.
539
00:36:21,040 --> 00:36:23,640
You see, every time it veers
a little bit, my heart goes.
540
00:36:23,640 --> 00:36:25,520
I'm thinking, "Oh, God, it's lost
control."
541
00:36:25,520 --> 00:36:28,320
And then it kind of comes back
in again.
542
00:36:30,240 --> 00:36:32,280
Like, your heart beats just a little
bit quicker,
543
00:36:32,280 --> 00:36:33,440
because you're thinking,
544
00:36:33,440 --> 00:36:36,680
"Oh, my God, we've got suddenly this
huge vehicle that we're all in is
545
00:36:36,680 --> 00:36:41,120
"being controlled not by the driver
but by the computer."
546
00:36:46,400 --> 00:36:48,400
VOICEOVER: I can't help wondering.
547
00:36:48,400 --> 00:36:50,600
Trucking is one of the best-paid
jobs
548
00:36:50,600 --> 00:36:53,520
open to people without a degree,
but for how long?
549
00:36:55,160 --> 00:37:00,120
Among America's 3.5 million truck
drivers, Tony is a rarity.
550
00:37:01,720 --> 00:37:04,160
What do they say when you tell them
what you're doing?
551
00:37:05,960 --> 00:37:07,800
They call me a traitor because
they say,
552
00:37:07,800 --> 00:37:09,560
"You're taking our jobs
away from us."
553
00:37:09,560 --> 00:37:11,800
They call you a traitor? Yeah.
554
00:37:11,800 --> 00:37:14,280
How does that make you feel?
555
00:37:14,280 --> 00:37:17,800
As long as I'm satisfied with
the job that I'm doing out here
556
00:37:17,800 --> 00:37:19,920
and making lives better for
other drivers,
557
00:37:19,920 --> 00:37:21,600
they can say whatever they want.
558
00:37:21,600 --> 00:37:24,200
And this will make a difference
in drivers' lives.
559
00:37:25,640 --> 00:37:30,280
Stefan's vision of self-driving
trucks still requires drivers.
560
00:37:35,960 --> 00:37:40,920
They'd be needed to remotely pilot
the trucks through busy depots or
561
00:37:40,920 --> 00:37:44,080
congested cities,
on and off the motorway.
562
00:37:48,040 --> 00:37:50,040
How does it compare now,
do you think,
563
00:37:50,040 --> 00:37:53,280
to if Tony is driving
without the...?
564
00:37:53,280 --> 00:37:55,480
Well, the system still
isn't as good as Tony.
565
00:37:57,520 --> 00:38:00,600
The goal is that it will be better
566
00:38:00,600 --> 00:38:02,920
than an above average
or good driver
567
00:38:02,920 --> 00:38:05,440
in the next couple of months.
Next couple of months!
568
00:38:05,440 --> 00:38:08,840
That's what we think. That's the
speed at which it's improving.
569
00:38:08,840 --> 00:38:10,960
Because we're focusing on this
particular domain.
570
00:38:10,960 --> 00:38:15,840
It's way easier, it's a way simpler
to drive autonomously on the highway
571
00:38:15,840 --> 00:38:18,160
than to drive autonomously
in a neighbourhood.
572
00:38:19,480 --> 00:38:21,440
There are way fewer variables
that happen.
573
00:38:22,800 --> 00:38:26,160
There's no shortage of ambition
in this cab.
574
00:38:26,160 --> 00:38:29,640
Our plan is to start to take people
out of the vehicle on limited routes
575
00:38:29,640 --> 00:38:31,840
by the end of the year.
By the end of the year. Yeah.
576
00:38:33,400 --> 00:38:35,280
But there are some teething
problems.
577
00:38:49,520 --> 00:38:52,600
We've got a team of engineers
that are kind of driving with us,
578
00:38:52,600 --> 00:38:54,800
so we've stopped off in a lay-by,
they've jumped out,
579
00:38:54,800 --> 00:38:57,680
they're checking the pedals, making
sure everything is working.
580
00:38:57,680 --> 00:38:59,760
That's exactly what
Silicon Valley's about.
581
00:38:59,760 --> 00:39:02,480
Once you are out there doing it
and you're dealing with real-life
582
00:39:02,480 --> 00:39:05,000
problems, things going slightly
wrong and fixing them up...
583
00:39:06,600 --> 00:39:09,600
..you can then demonstrate
to the world
584
00:39:09,600 --> 00:39:11,280
that we have made this thing work.
585
00:39:11,280 --> 00:39:13,680
We're not going to wait around for
all the regulations.
586
00:39:13,680 --> 00:39:16,360
And then, almost
587
00:39:16,360 --> 00:39:19,600
by virtue of demonstrating
its power,
588
00:39:19,600 --> 00:39:21,800
it forces the world
to change around it.
589
00:39:23,120 --> 00:39:24,880
And I think that's what happens
590
00:39:24,880 --> 00:39:27,880
when you take this kind of
disruption philosophy,
591
00:39:27,880 --> 00:39:30,880
this idea of Silicon Valley,
getting out there,
592
00:39:30,880 --> 00:39:34,960
changing things and then making
the world catch up with them.
593
00:39:34,960 --> 00:39:36,840
That's why they've conquered
the world.
594
00:39:46,040 --> 00:39:49,840
We have arrived. We've made a
delivery in an autonomous vehicle.
595
00:39:54,040 --> 00:39:57,360
Rosebud drove the truck for more
than 100 miles today.
596
00:40:00,040 --> 00:40:04,280
Spending time with Stefan is a
chance to find out if Silicon Valley
597
00:40:04,280 --> 00:40:07,840
worries about the possible
downsides of automation.
598
00:40:09,360 --> 00:40:13,360
What if it just becomes so
efficient,
599
00:40:13,360 --> 00:40:15,520
that we don't need drivers
any more at all?
600
00:40:16,800 --> 00:40:18,920
Yeah. That's a thing that could
happen,
601
00:40:18,920 --> 00:40:21,360
but we'll definitely find other
things to do for work.
602
00:40:21,360 --> 00:40:25,000
In the 1920s, Keynes thought that by
now we'd work a four-hour work week.
603
00:40:25,000 --> 00:40:27,040
We found a lot of other things
to do.
604
00:40:27,040 --> 00:40:30,120
Social media managers,
not a job in the 1920s.
605
00:40:30,120 --> 00:40:33,400
I think that we will inevitably find
more things
606
00:40:33,400 --> 00:40:35,360
that we need to do as jobs.
607
00:40:35,360 --> 00:40:38,200
I just, I can't believe how
optimistic you are.
608
00:40:38,200 --> 00:40:42,680
Yeah. I mean, it's great, obviously,
but does a little bit of you think,
609
00:40:42,680 --> 00:40:46,360
"Well, what if, what if there aren't
jobs for people?
610
00:40:46,360 --> 00:40:50,000
"What if this time's different
and we can't create the jobs?"
611
00:40:50,000 --> 00:40:52,440
You can see the possibility of
negative outcomes from AI,
612
00:40:52,440 --> 00:40:54,840
like it would be foolish to say that
there was no possibility
613
00:40:54,840 --> 00:40:57,120
that it could go badly.
614
00:40:57,120 --> 00:41:00,200
But look at what we, as a species,
have overcome.
615
00:41:00,200 --> 00:41:04,320
You know, whether it's the
black plague, whether it's slavery,
616
00:41:04,320 --> 00:41:08,880
Cold War with the threat of
dead-hand nuclear orders, I mean,
617
00:41:08,880 --> 00:41:10,160
we've come by so far.
618
00:41:13,240 --> 00:41:17,480
But history may be no guide to
the consequences
619
00:41:17,480 --> 00:41:19,200
of the next wave of disruption.
620
00:41:21,200 --> 00:41:23,920
What's different about this
industrial revolution
621
00:41:23,920 --> 00:41:27,880
is that Silicon Valley's
using data and software
622
00:41:27,880 --> 00:41:31,800
so machines can learn how to do
things better than humans.
623
00:41:33,520 --> 00:41:35,840
So how far is this going to go?
624
00:41:37,560 --> 00:41:40,200
I'm meeting a pioneer
of another technology
625
00:41:40,200 --> 00:41:43,800
that will change capitalism
as we know it -
626
00:41:43,800 --> 00:41:45,000
artificial intelligence.
627
00:41:48,240 --> 00:41:50,200
What is this? One Wheel.
628
00:41:51,720 --> 00:41:52,720
Well named, huh?
629
00:41:53,920 --> 00:41:56,280
In the world Jeremy Howard
is building,
630
00:41:56,280 --> 00:41:59,000
it won't just be truck drivers or
manual workers
631
00:41:59,000 --> 00:42:00,480
who stand to be replaced.
632
00:42:01,800 --> 00:42:04,800
Everyone's job will be precarious.
633
00:42:04,800 --> 00:42:08,000
You've got to have a go. If you lean
forwards, there we go.
634
00:42:08,000 --> 00:42:10,040
If you lean forwards it goes
forwards...
635
00:42:10,040 --> 00:42:11,840
Oh, yeah. And lean backwards to go
backwards.
636
00:42:11,840 --> 00:42:13,640
And then take your front foot off
to stop.
637
00:42:13,640 --> 00:42:15,520
How are you so good at this?
638
00:42:15,520 --> 00:42:18,320
How do I stop? Yeah, just lean back
and then front foot off.
639
00:42:20,360 --> 00:42:22,160
Yeah.
640
00:42:22,160 --> 00:42:23,400
That was awesome!
641
00:42:23,400 --> 00:42:25,440
Guess where we get started.
642
00:42:26,480 --> 00:42:29,560
Go through to the garage.
643
00:42:29,560 --> 00:42:34,800
There's a clue here to how Jeremy is
developing artificial intelligence,
644
00:42:34,800 --> 00:42:38,000
machines that can learn like we can.
645
00:42:38,000 --> 00:42:39,240
Why do I have Chinese books?
646
00:42:39,240 --> 00:42:41,720
Well, not because I wanted to
learn Chinese,
647
00:42:41,720 --> 00:42:44,200
but because I wanted to learn how
the mind works,
648
00:42:44,200 --> 00:42:47,880
and the best way to learn how the
mind works was to try and learn
649
00:42:47,880 --> 00:42:51,240
something difficult. Did you learn
Chinese to learn how the mind works?
650
00:42:51,240 --> 00:42:54,160
Right, which I then used that in
order to figure out how to implement
651
00:42:54,160 --> 00:42:55,680
that in machine learning.
652
00:42:57,760 --> 00:43:01,800
Artificial intelligence is at the
heart of the start-up Jeremy
653
00:43:01,800 --> 00:43:05,440
founded to help combat the shortage
of doctors and radiologists
654
00:43:05,440 --> 00:43:07,120
in the developing world.
655
00:43:07,120 --> 00:43:09,320
It turns out that figuring
out what's wrong with you
656
00:43:09,320 --> 00:43:12,440
and how to make you better
is just a data problem.
657
00:43:12,440 --> 00:43:14,880
So I was like, all right,
I know how to do data problems.
658
00:43:14,880 --> 00:43:17,840
I don't know anything about
medicine, but I know data problems.
659
00:43:19,160 --> 00:43:21,840
Jeremy uses deep learning software
660
00:43:21,840 --> 00:43:24,800
to diagnose cancer from
medical images.
661
00:43:24,800 --> 00:43:29,600
The software learns from examples to
identify patterns, like we do.
662
00:43:29,600 --> 00:43:33,680
It spots problems by inferring
from what it has learned,
663
00:43:33,680 --> 00:43:36,160
becoming ever more accurate.
664
00:43:36,160 --> 00:43:39,960
The software that I built takes
about 0.02 seconds
665
00:43:39,960 --> 00:43:41,400
to look at a CT scan.
666
00:43:41,400 --> 00:43:42,840
So it can look at a million...
667
00:43:42,840 --> 00:43:44,880
A human takes, to look at it
properly?
668
00:43:44,880 --> 00:43:46,240
10-15 minutes.
669
00:43:46,240 --> 00:43:51,320
So we can look at a million CT scans
like that, and now,
670
00:43:51,320 --> 00:43:55,640
and because we're using these neural
networks, deep learning, to do it,
671
00:43:55,640 --> 00:43:57,840
it can literally develop an
intuition,
672
00:43:57,840 --> 00:44:00,160
the same kind of intuition that
a radiologist has.
673
00:44:00,160 --> 00:44:02,160
Within two months, we had something
that beat
674
00:44:02,160 --> 00:44:05,440
the world's best radiologist
to diagnose lung cancer.
675
00:44:05,440 --> 00:44:08,440
Beat the world's best? Yeah, beat
a panel of the world's best.
676
00:44:08,440 --> 00:44:11,480
VOICEOVER: Here, the march of the
machines feels unstoppable.
677
00:44:12,720 --> 00:44:14,760
So this is going to get bigger,
isn't it?
678
00:44:14,760 --> 00:44:17,600
Because deep learning, once it's
out and once it's doing this,
679
00:44:17,600 --> 00:44:19,800
it's not going to stop at
medical staff?
680
00:44:19,800 --> 00:44:23,280
I feel very similarly to how I felt
in the late '80s when I saw
681
00:44:23,280 --> 00:44:26,680
the internet for the first time,
and I started looking into it,
682
00:44:26,680 --> 00:44:28,200
and I started telling people,
683
00:44:28,200 --> 00:44:30,800
"I think the internet's going to be
used for all things."
684
00:44:30,800 --> 00:44:35,240
When I look at deep learning,
I see that...tenfold.
685
00:44:40,120 --> 00:44:44,760
Jeremy is using technology to make
his own work more efficient.
686
00:44:46,840 --> 00:44:50,480
It turned out that
at 0.8 miles per hour,
687
00:44:50,480 --> 00:44:53,520
I could study for twice as long,
688
00:44:53,520 --> 00:44:58,600
have half the errors and be twice
as fast than no treadmill.
689
00:45:00,240 --> 00:45:04,480
The next wave of technology could
make work more efficient,
690
00:45:04,480 --> 00:45:06,720
by removing us humans altogether.
691
00:45:08,160 --> 00:45:11,640
People aren't scared enough,
you know?
692
00:45:11,640 --> 00:45:15,880
Far too many people are
sounding like, smart people,
693
00:45:15,880 --> 00:45:17,920
are sounding like climate change
denialists.
694
00:45:17,920 --> 00:45:22,280
They're saying, "Don't worry about
it, there'll always be more jobs."
695
00:45:22,280 --> 00:45:25,440
And it's founded on this purely
historical thing of like,
696
00:45:25,440 --> 00:45:27,280
"Oh, there's been
a revolution before.
697
00:45:27,280 --> 00:45:29,120
"It was called
the Industrial Revolution,
698
00:45:29,120 --> 00:45:31,920
"and after it there was still
enough jobs.
699
00:45:31,920 --> 00:45:35,360
"Therefore, this new,
totally different,
700
00:45:35,360 --> 00:45:38,280
"totally unrelated revolution
will also have enough jobs."
701
00:45:40,480 --> 00:45:44,240
It's a ludicrously short-sighted
and meaningless argument,
702
00:45:44,240 --> 00:45:46,440
which incredibly smart people
are making.
703
00:45:52,320 --> 00:45:57,800
The totally utopian and dystopian
futures are like very clearly
704
00:45:57,800 --> 00:46:01,920
in front of us. And very clearly we
could head down to either.
705
00:46:01,920 --> 00:46:04,960
Honestly, the status quo -
706
00:46:04,960 --> 00:46:09,000
do nothing and we end up there -
will definitely be a dystopia,
707
00:46:09,000 --> 00:46:14,200
which is a tiny class of society
owns all of the capital
708
00:46:14,200 --> 00:46:18,840
and all of the data and everybody
else has no economic value,
709
00:46:18,840 --> 00:46:23,400
is despised by the class that has
things because they're worthless,
710
00:46:23,400 --> 00:46:25,760
and massive social unrest.
711
00:46:32,640 --> 00:46:33,880
It's the first time, I think...
712
00:46:35,640 --> 00:46:38,560
..I've felt party to this secret,
713
00:46:38,560 --> 00:46:41,760
that other people here seem to
know and seem to talk about,
714
00:46:41,760 --> 00:46:44,040
whisper about,
715
00:46:44,040 --> 00:46:46,880
but they sort of cover it up and
don't really want to say what it's
716
00:46:46,880 --> 00:46:50,360
going to be. He was very, very plain
about what's happening.
717
00:46:50,360 --> 00:46:52,880
This technology's exponentially
improving,
718
00:46:52,880 --> 00:46:55,680
it's going to change everything
and we ought to be
719
00:46:55,680 --> 00:46:57,280
pretty afraid about that.
720
00:46:57,280 --> 00:46:59,880
And to actually hear that...
721
00:47:01,040 --> 00:47:03,040
..by someone that knows about
this stuff...
722
00:47:04,520 --> 00:47:06,000
..is pretty revelatory.
723
00:47:10,240 --> 00:47:14,320
I want to know how far those at
the top of Silicon Valley
724
00:47:14,320 --> 00:47:17,000
are really thinking about how
automation
725
00:47:17,000 --> 00:47:18,480
will change all our lives.
726
00:47:21,920 --> 00:47:27,000
Finally, I've arranged to meet one
of the tech gods themselves,
727
00:47:27,000 --> 00:47:30,480
a man who wields huge power here
behind the scenes.
728
00:47:32,040 --> 00:47:33,440
Sam Altman is considered,
729
00:47:33,440 --> 00:47:36,000
I think more than anybody else in
Silicon Valley,
730
00:47:36,000 --> 00:47:38,280
to be able to predict the future.
731
00:47:38,280 --> 00:47:40,520
He's like a kingmaker in
Silicon Valley.
732
00:47:40,520 --> 00:47:44,720
He gets to choose what the big
companies of tomorrow will be.
733
00:47:44,720 --> 00:47:48,480
Having him support your
tech start-up,
734
00:47:48,480 --> 00:47:52,080
is considered to be one of
the greatest badges of honour
735
00:47:52,080 --> 00:47:54,120
that you can get
in Silicon Valley.
736
00:47:55,920 --> 00:47:59,120
Sam runs this place - Y Combinator.
737
00:47:59,120 --> 00:48:02,360
A company that nurtures start-ups
with money and advice.
738
00:48:03,600 --> 00:48:05,800
Better not park
in Sam Altman's place.
739
00:48:05,800 --> 00:48:09,160
Its companies are now valued at
$80 billion,
740
00:48:09,160 --> 00:48:12,960
including its biggest success,
Airbnb.
741
00:48:12,960 --> 00:48:15,120
Hi. Nicole?
I'm Nicole.
742
00:48:15,120 --> 00:48:17,040
Hi, I'm Jamie. Nice to meet you.
743
00:48:17,040 --> 00:48:18,720
How are you doing? Nice to meet you.
744
00:48:18,720 --> 00:48:20,720
Thanks for having us.
So great to be here.
745
00:48:20,720 --> 00:48:23,240
VOICEOVER: Sam's time is carefully
allotted.
746
00:48:24,840 --> 00:48:26,640
I just kind of wanted to go over
the flow,
747
00:48:26,640 --> 00:48:29,440
because Sam only has 35 minutes to
meet with you today.
748
00:48:29,440 --> 00:48:30,840
Is he very busy? Yeah.
749
00:48:30,840 --> 00:48:33,320
So we can walk in and I can
introduce you to everybody,
750
00:48:33,320 --> 00:48:37,440
and then you can interview Sam
on the couch for 35 minutes.
751
00:48:37,440 --> 00:48:38,440
OK.
752
00:48:42,040 --> 00:48:43,640
She's just setting up now.
753
00:48:48,720 --> 00:48:49,960
Yeah?
754
00:48:56,080 --> 00:48:59,000
Welcome to Y Combinator.
Thank you for having us.
755
00:49:00,760 --> 00:49:02,760
Sam, I'm Jamie.
Very nice to meet you.
756
00:49:02,760 --> 00:49:03,760
Nice to meet you.
757
00:49:06,480 --> 00:49:09,840
Sam Altman co-founded his first
business when he was 19.
758
00:49:11,320 --> 00:49:13,240
After dropping out of university,
759
00:49:13,240 --> 00:49:16,280
he sold it for more than
$40 million.
760
00:49:16,280 --> 00:49:18,200
He's now 32.
761
00:49:18,200 --> 00:49:19,640
You're considered, I think,
762
00:49:19,640 --> 00:49:21,720
in Silicon Valley as one of
the people
763
00:49:21,720 --> 00:49:24,600
that sees the future better
than most.
764
00:49:24,600 --> 00:49:26,720
So, what are you seeing?
765
00:49:29,120 --> 00:49:32,080
A friend of mine says the best way
to predict the future
766
00:49:32,080 --> 00:49:33,640
is to invent it.
767
00:49:33,640 --> 00:49:36,040
And that is a thought that has
always stuck with me.
768
00:49:38,160 --> 00:49:41,600
Sam is thinking hard about what
the future could be like
769
00:49:41,600 --> 00:49:45,000
after automation takes away the jobs
of millions of us.
770
00:49:46,760 --> 00:49:49,320
We're going to need to have new
redistribution,
771
00:49:49,320 --> 00:49:51,520
we're going to need to have new
social safety nets.
772
00:49:51,520 --> 00:49:53,160
One thing, one product
that I'm funding
773
00:49:53,160 --> 00:49:54,560
that we're doing at Y Combinator
774
00:49:54,560 --> 00:49:56,520
is to study basic income,
775
00:49:56,520 --> 00:50:01,040
and what happens if you just give
people money to live on.
776
00:50:01,040 --> 00:50:03,400
Because we have this world,
we have huge wealth,
777
00:50:03,400 --> 00:50:04,920
but it's very concentrated.
778
00:50:04,920 --> 00:50:08,120
What happens if you just give people
money and say, you know,
779
00:50:08,120 --> 00:50:12,280
here's enough money to have a house
and eat and to have fun?
780
00:50:12,280 --> 00:50:16,600
Do you think people would find
fulfilment and all the other things,
781
00:50:16,600 --> 00:50:18,960
dignity in work for example,
782
00:50:18,960 --> 00:50:24,720
under a system where there's a
small number of very rich people
783
00:50:24,720 --> 00:50:28,680
and they're being given money to...
784
00:50:30,480 --> 00:50:32,560
..find things to do with their time?
785
00:50:32,560 --> 00:50:35,240
I mean, it sounds pretty terrible,
pretty terrifying to me.
786
00:50:35,240 --> 00:50:37,640
You have a very pessimistic view
of the future.
787
00:50:37,640 --> 00:50:40,680
I hope you're wrong. I believe that
someone, you know,
788
00:50:40,680 --> 00:50:44,520
doing mechanical labour
is not the best fulfilment
789
00:50:44,520 --> 00:50:46,160
of their dreams and aspirations.
790
00:50:46,160 --> 00:50:47,400
But the problem, I think,
791
00:50:47,400 --> 00:50:49,960
or the thing that makes me
pessimistic or nervous,
792
00:50:49,960 --> 00:50:52,600
is that society will have
to change dramatically,
793
00:50:52,600 --> 00:50:53,920
and that's quite worrying.
794
00:50:53,920 --> 00:50:56,320
Look, I believe society will have to
change dramatically.
795
00:50:56,320 --> 00:50:58,200
I think we've been through many of
these before,
796
00:50:58,200 --> 00:51:02,040
and, look, I understand that people
have this spirit of,
797
00:51:02,040 --> 00:51:05,040
"I'm going to hang onto
the past at all costs,
798
00:51:05,040 --> 00:51:07,120
"I hate progress and I hate change."
799
00:51:07,120 --> 00:51:09,360
But it's not that... And I hear that
from you, I get it.
800
00:51:09,360 --> 00:51:11,560
It's not that.
It's not hating progress.
801
00:51:11,560 --> 00:51:14,560
What if the progress
that you're, not just you,
802
00:51:14,560 --> 00:51:18,480
but the community here's creating,
is not what other people want?
803
00:51:18,480 --> 00:51:22,120
There are 40 million people in
the US that live in poverty.
804
00:51:22,120 --> 00:51:24,640
If technology can eliminate
human suffering...
805
00:51:26,200 --> 00:51:29,440
..we should do that. If technology
can generate more wealth
806
00:51:29,440 --> 00:51:31,440
and we can figure out how
to distribute that better,
807
00:51:31,440 --> 00:51:32,520
we should do that.
808
00:51:32,520 --> 00:51:34,440
I think it's an important job
for journalists
809
00:51:34,440 --> 00:51:37,840
to try to ask about the negative
possibilities of this stuff.
810
00:51:37,840 --> 00:51:41,600
I think if you continue this thrust
of, shouldn't we stop progress,
811
00:51:41,600 --> 00:51:43,480
no-one's going to take you
seriously,
812
00:51:43,480 --> 00:51:46,080
because people want this stuff,
and people don't...
813
00:51:46,080 --> 00:51:48,760
People don't think that we should
still have people in poverty.
814
00:51:48,760 --> 00:51:51,120
People don't think that we should
take away our iPhones
815
00:51:51,120 --> 00:51:52,400
and take away Facebook.
816
00:51:52,400 --> 00:51:54,640
So I think you can add
a really important voice,
817
00:51:54,640 --> 00:51:57,640
but I worry you're going in
the wrong direction with this,
818
00:51:57,640 --> 00:51:59,680
like, anti-progress angle.
819
00:52:14,320 --> 00:52:16,600
Orcas Island, north of Seattle.
820
00:52:18,560 --> 00:52:20,680
The edge of American civilisation.
821
00:52:23,680 --> 00:52:27,560
I'm here to meet one former
Silicon Valley insider
822
00:52:27,560 --> 00:52:30,720
who fears where technological
progress could be taking us.
823
00:52:33,200 --> 00:52:36,000
Whenever I talk to normals, which is
what they call you people,
824
00:52:36,000 --> 00:52:39,160
or normies, OK, I almost feel like
saying,
825
00:52:39,160 --> 00:52:41,320
"Look, I'm from the future,
believe me.
826
00:52:41,320 --> 00:52:43,160
"I just got off a
time machine called
827
00:52:43,160 --> 00:52:45,080
"the flight from San Francisco."
828
00:52:47,000 --> 00:52:49,040
VOICEOVER: Antonio Garcia Martinez
829
00:52:49,040 --> 00:52:54,120
was a product manager at Facebook
before he quit Silicon Valley.
830
00:52:54,120 --> 00:52:57,240
I've seen what the world will
look like in five to ten years.
831
00:52:57,240 --> 00:53:00,160
You may not believe it,
but it's coming.
832
00:53:00,160 --> 00:53:02,440
And it's coming in the form
of a self-driving truck
833
00:53:02,440 --> 00:53:04,280
that's about to run you over.
834
00:53:04,280 --> 00:53:05,800
How worried are you about this?
835
00:53:05,800 --> 00:53:08,320
Oh, horribly, why do you think
I'm here?
836
00:53:08,320 --> 00:53:09,960
Why are we here?
837
00:53:09,960 --> 00:53:11,200
In the ass end of the Northwest?
838
00:53:11,200 --> 00:53:12,600
It's going to destroy the world.
839
00:53:24,680 --> 00:53:26,320
So, this is it?
840
00:53:26,320 --> 00:53:27,680
This is it.
841
00:53:27,680 --> 00:53:30,480
So this is sort of the general area,
this is my utility thing over here,
842
00:53:30,480 --> 00:53:31,720
where I store a bunch of stuff.
843
00:53:31,720 --> 00:53:34,760
That's going to be the future house
site that we just walked through.
844
00:53:34,760 --> 00:53:36,760
By the way, this is the throne room
right here.
845
00:53:36,760 --> 00:53:38,080
Composting bucket toilet for now.
846
00:53:38,080 --> 00:53:40,120
Why did you choose this particular
plot of land?
847
00:53:40,120 --> 00:53:41,720
Because nobody knows about it.
848
00:53:41,720 --> 00:53:46,160
Canada is a swim or a kayak's ride
away if necessary.
849
00:53:46,160 --> 00:53:49,440
Ideal climate, big community,
self-sustaining food production.
850
00:53:50,600 --> 00:53:54,240
And defensibility, in the case of
things fragmenting for a while.
851
00:53:59,040 --> 00:54:03,080
The AR15, the civilian
version of the M4,
852
00:54:03,080 --> 00:54:05,800
the standard issue service weapon
of the US military.
853
00:54:08,640 --> 00:54:10,280
Is it loaded? Well, I don't know.
854
00:54:11,720 --> 00:54:12,720
Jesus.
855
00:54:18,840 --> 00:54:22,560
If things go bad in the
future, what...
856
00:54:22,560 --> 00:54:24,160
Is this going to be what you need?
857
00:54:25,320 --> 00:54:27,360
Of course. In the post-America,
858
00:54:27,360 --> 00:54:30,600
the 5.56 millimetre round will be
the currency of the new America,
859
00:54:30,600 --> 00:54:31,520
I guarantee you.
860
00:54:37,000 --> 00:54:38,160
This is the tipi clearing,
861
00:54:38,160 --> 00:54:41,920
this is a traditional Lakota Sioux
tipi and we're going to
862
00:54:41,920 --> 00:54:43,200
put this up today.
863
00:54:49,480 --> 00:54:51,560
Why is it wobbling so much?
864
00:54:51,560 --> 00:54:53,320
Back it up, back it up, right,
right.
865
00:54:55,000 --> 00:54:57,200
You might think it's silly that I
have AR15s
866
00:54:57,200 --> 00:54:58,360
and a well and solar panels,
867
00:54:58,360 --> 00:55:00,080
but what do you have in the case of
a crisis?
868
00:55:00,080 --> 00:55:02,160
You're just betting that it doesn't
happen, right?
869
00:55:02,160 --> 00:55:04,320
Yeah. And as we used to say at
Goldman Sachs,
870
00:55:04,320 --> 00:55:05,440
hope is a shitty hedge.
871
00:55:05,440 --> 00:55:07,600
You have hope, that's all you have,
you have hope.
872
00:55:07,600 --> 00:55:08,800
Hope is a shitty hedge.
873
00:55:11,560 --> 00:55:13,240
OK, OK, come over towards me.
874
00:55:15,320 --> 00:55:18,560
So you think there are some people
that are kind of in Silicon Valley,
875
00:55:18,560 --> 00:55:21,360
doing this too? Oh, absolutely,
I'm not the only one.
876
00:55:21,360 --> 00:55:25,600
I'm not unique in any way. I wonder
what other people in Silicon Valley
877
00:55:25,600 --> 00:55:27,720
might be doing.
They have their own hideaways,
878
00:55:27,720 --> 00:55:30,120
they buy land in other places
and they've got a bunch of guns
879
00:55:30,120 --> 00:55:31,560
and wells and all the rest of it.
880
00:55:31,560 --> 00:55:33,600
It's kind of like this, maybe a
little less rustic,
881
00:55:33,600 --> 00:55:35,840
a little less hippie,
but very similar.
882
00:55:35,840 --> 00:55:38,520
But, hang on, I mean it sounds
a little bit selfish...
883
00:55:39,760 --> 00:55:41,720
..because what about the rest of us?
884
00:55:41,720 --> 00:55:43,760
Life is short and we all die alone,
I mean, there it is.
885
00:55:45,800 --> 00:55:49,840
Silicon Valley is unleashing
the next wave of disruption,
886
00:55:49,840 --> 00:55:53,480
without knowing for sure whether
the world will be made better
887
00:55:53,480 --> 00:55:54,680
as a result.
888
00:55:57,920 --> 00:56:00,320
What is at stake?
889
00:56:00,320 --> 00:56:02,760
Well, I mean, there's 300 million
guns in this country,
890
00:56:02,760 --> 00:56:05,080
one for every man,
woman and child, right?
891
00:56:05,080 --> 00:56:07,320
And they're mostly in the hands
of those
892
00:56:07,320 --> 00:56:09,720
who are getting economically
displaced.
893
00:56:09,720 --> 00:56:11,160
There could be a violent revolt.
894
00:56:20,920 --> 00:56:24,560
Why are you kind of speaking out
about any of this stuff?
895
00:56:26,640 --> 00:56:28,400
Well, because it's the
only real debt
896
00:56:28,400 --> 00:56:30,000
that I think technologists have.
897
00:56:30,000 --> 00:56:32,200
Not enough of them are
actually speaking out
898
00:56:32,200 --> 00:56:34,040
and actually informing
the general public.
899
00:56:34,040 --> 00:56:37,600
You don't realise, we are in a race
between technology and politics,
900
00:56:37,600 --> 00:56:40,240
and the technologists are winning,
they are way ahead.
901
00:56:40,240 --> 00:56:42,640
They will destroy jobs
and disrupt economies
902
00:56:42,640 --> 00:56:44,280
way before we even react to them.
903
00:56:44,280 --> 00:56:46,680
And what we really should be
thinking is about that.
904
00:56:54,240 --> 00:56:56,840
Preparing a survival plan
IS extreme.
905
00:56:58,520 --> 00:57:02,320
The coming wave of disruption
COULD bring great benefits.
906
00:57:04,040 --> 00:57:07,840
But there's a risk Silicon Valley's
promise to build a better world
907
00:57:07,840 --> 00:57:11,280
could inflict a nightmare future
on millions of us.
908
00:57:13,160 --> 00:57:19,240
Politics, in the end, has to be able
to take control of this technology,
909
00:57:19,240 --> 00:57:23,680
regulate it somehow, slow it down
if that's what people want,
910
00:57:23,680 --> 00:57:29,160
but make sure that the technology
is being built for people,
911
00:57:29,160 --> 00:57:32,200
in a way that people want,
in a way that society wants,
912
00:57:32,200 --> 00:57:33,720
and not just in the interests...
913
00:57:35,720 --> 00:57:40,120
..of the tiny number
of incredibly rich people
914
00:57:40,120 --> 00:57:41,920
from the West Coast of America.
915
00:57:49,000 --> 00:57:52,320
How did Silicon Valley
become so influential?
916
00:57:52,320 --> 00:57:55,360
The Open University has produced an
interactive timeline
917
00:57:55,360 --> 00:57:57,680
exploring the history of this place.
918
00:57:57,680 --> 00:58:00,040
To find out more, visit...
919
00:58:03,720 --> 00:58:05,920
..and follow the links to the
Open University.
77186
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