The Third Industrial Revolution: A Radical New Sharing Economy

[@VICE]

WATCH NEXT: Scams, Zealots, and Jet Skis: Life Inside the Crypto Scene - kzbin.info/www/bejne/rmrLiZl4pJ10mNE

[@wendycooper2525]

I am 81 and find this so exciting I will have to play it 50 times to try and remember some of it. Go future generations.

[@salt.1333]

[@sigsbeet78]

God bless u!!!

[@davidarundel6187]

I'm 66, & I reckon you've been practiceing this, like me, for most of your life. Your life experiences, are familiar to me, via my parents & their parents, along with most of the folks I've known in my life. Well done you, for getting ahead of the curve, unconsciously, and being sensable enough to have some measure of foresight & acting on it. 👍👌😊🙏

[@wyndhamswivel]

We got this 🤝

[@wendycooper2525]

@Chuck Manson wow to go. You have lived long enough to see the start of the change. Keep going

[@Kaidder]

I’ve been watching this video for 2 years, anyone watching this on 2020? It’s amazing, I’m speechless.

[@steveepic5957]

Its now the fourth industrial revolution.

[@AnthonyTolhurst-dw1nc]

Big Knowledge and it has only just started Will it outpace our ability to absorb it? Do we have enough intelligence not to fight it? Or shall we fall back to greed and destroy That which we have created....

[@PresidentialWinner]

@@steveepic5957 There is no fourth industrial revolution higheredstrategy.com/there-is-no-fourth-industrial-revolution/

[@mrallworthit]

@@dominicsnow4164 Me too mate. I think the part he missed was batteries. And with elon musk announcing vehicle to grid we are looking at storage for energy meaning renewable energy is a viable option. You can sell power during peak times thus making money. The new battery coming can be made with out drying out the lithium reducing time on production and I'm told this dry process increases battery efficiency by 30 percent. This is achieved by reducing heat generated during energy transfer.

[@mrallworthit]

To add to the point a little more. If we flatten the peak energy demand by supply more power it will help lower the power price cause you don't have coal/gas power plants producing energy during peak times. This is the reason why our power is expensive. Something ya'll probably already know. :)

[@nkvk2810]

I watched this without a single advert popping up. Good example. Jeremy is a gem!

[@tasmankirkby1331]

Perhaps it is an add God-universe-heart-earth devine

[@juanshaftpatel7488]

you got brainwashed for free idiot

[@earthdaddy]

@@juanshaftpatel7488 and you paid to be, IDIOT.

[@juanshaftpatel7488]

@@earthdaddy we get it... youre poor... probably blk too

[@donkris2062]

Marxist of modern time

[@crashbuilds]

I think we're very lucky to have people who think this way in our time, to help steer the course. It's a beautiful and terrifying time to be alive. We need to make it count.

[@donkris2062]

This kind of people are dangerous! Because they motto is: do what is day, dont do what i do! He and his best friends are the parasite of modern tines!

[@Viper881]

Humans "steering the course" is why we are in this situation. I've heard this same speech for decades.

[@funny-video-YouTube-channel]

*He is right:* thinking about *better solutions and better technology* will be much more productive. Talking in a loop about problems will not change a thing. We need to talk about solutions and how to resolve the situation of our massive impact on the planet ! The solutions provide a guide, while talking about problems breeds desperation, depression and fear. I think, it's more productive to talk about better solutions and technology.

[@GuerillaUnderground]

Having an environmental impact rating on every product will be a good start to this revolution- as well as corporations being responsible for every product they make in regards to maintaining the product and disposing of it responsibly when it is no longer usable. But we have to make it a level playing field for the companies involved- if they can keep making money while reducing their impact then making the necessary changes will be so much easier.

[@MarcusEMunya]

It seems the only reason we have to repeatedly talk about the problem is to scare idiotic powerful leaders like Donald Trump to listen to the solutions in the first place and put the long term health of the planet before the short term growth of the economy.

[@jamesderoc6717]

yea solutions to the problems are old solutions created . .loop de loop

[@putheflamesou]

In a flat Earth, lol. mI agree but FIRST reconstruction. Fist is first. Carbon farmed slave populated infrastructure is inefficient resource (in every way, (time, education, saftey) sucker.

[@ThunderKat]

lol stop reproducing like a cancer to this planet. Smith said it on Matrix and that's the most simple solution, just stop having so many God Dame Childrens. Earth health on his own, no need to create tecnology or even care about less consumtion, recicling or have more control into polution emision.

[@dr.zoidberg8666]

This was a fascinating talk. I would love to see a dispassionate, well-reasoned rebuttal from an equally qualified speaker. Trouble is, all the rebuttal I'm seeing in this comments section is yelling "COMMUNISM!" & shitting on the floor. Real compelling, there.

[@TengYuan]

i have watched half an hour and decided to stop, and it is fair to say that he didnt really go down the COMMUNISM rabbit hole, and the economic theories he referenced to were not from Karl Marx. Trouble is none of claims he is making really dove into depth of anything. He may have taken a couple economics classes. He proposed obvious solutions to outsiders. The only original so far is the one about aggregate efficiency, and, any undergraduate economics major student would tell you that his association of the thermodynamics coefficient in physics with economic growth is incredibly bizarre.

[@Conkuur]

30 minutes was all I could take too. I feel sorry for those who HAD to attend because at least I can turn this off. Hes the kinda guy that thinks monetizing debt was a good thing I'm thinking.

[@prophet77555]

I'm certainly not equally qualified, but that's the fallacy of authority, so here we go: He mentions that Adam Smith's invisible hand is an adaptation of Newton's that 'every action has an equal and opposite reaction'. However the invisible hand says that pursuing your own personal benefit leads to others benefiting as well. Since both parties are benefiting, it would be hard to describe this as an 'opposite' reaction. And the invisible hand is never said to be equal in any way. So this comparison doesn't hold up to any scrutiny. Not to mention, the insinuation that the last 300 years of economists have just been parroting this notion and have never tested/analyzed/studied this concept of the invisible hand, is absurd. It is a well founded principle of economics and can be easily seen theoretically, empirically, and even anecdotally. Not to mention he invoke's the invisible hand later in the talk. One more point on Adam Smith. He mentions young people tend to give things out for free on the internet, and as such are not acting out of self-interest, and thus must have never read Adam Smith. Despite the fact that giving away things for 'free', such as posting music on youtube, leads to donations, ad money, notoriety, attendance to (paid) shows, status...etc, is the invisible hand at work. Ignoring this, the speaker clearly hasn't read Smith's first book, which talks extensively about altruism. He talks about oil prices and their connection with the financial crisis of 2008. The connection is never really explained beyond the classic fallacy of correlation and causation. Oil prices did indeed rise in 2008, and the economy did indeed collapse in 2008, but is this relationship causal? The general consensus is that it is related to the housing bubble in the US, and not global oil prices (and the speaker even references the housing bubble later in the talk). But, let us not appeal to consensus and instead think of counterpoints. If the collapse was due to oil prices, one would expect all countries dependent on oil to collapse at the same time. What actually happened was that the US collapsed, then the countries most closely economically tied to the US (the EU) collapsed, then the others. Secondly, there is no magical number where oil prices stop the market. Instead, as the price of oil goes up, the costs of oil related products goes up (and the speaker thinks that most the economy is oil related products), and profit margins and productivity go down. This was not the case in pre 2008 economy, which was soaring and oil prices were going up. One of his main points of interest was the zero marginal rate. This may seem like a trivial point, but he clearly states that we can see activities today that have near-zero marginal rates. However, he then goes on to discuss zero marginal rate implications. Near-zero and zero are very different things. Activities with lower marginal rates are important and interesting, but discussing them as though they have zero marginal rates is deceptive and wrong. He talks about ride sharing in the context of reducing pollution from cars. He mentions that cars spend most of their life sitting in parking lots and driveways. The insinuation is that this down time could be employed by someone else, and thus we would need less cars in the world. This is true, and likely to happen in the near future, but it has very little to do with pollution. The total miles driven by people collectively is the same, they just do it with less cars. Put differently, a car sitting in a parking lot or driveway isn't polluting anything. I only got about half way through, and these are just some things that stuck out to me. He does make some good points about technology trends and where the near future may lie. I didn't mention anything political above, but his political insinuations and recommendations are troubling at best.

[@TengYuan]

I stole all the replies to paste to reply to another fan boy on this page. The speaker has an appetite for sensationalism and/or has self-grandizing tendencies with minimal understanding. How is he speaking for VICE? His agent got him the job? Just goes to show that VICE is not interested in putting out content that are true, but only those that fit their narrative, but I think it may still be one of the better media orgranizations by comparison.

[@Conkuur]

I got fed up right away with the "Global warming" Narrative. Most Scientists worth their salt know there is no Confirmed Science when it comes to climate. They merely come up with some numbers feed it into a machine to get the result theyre looking for then they tout it as Science. Then they want to convert those numbers and use it to apply carbon taxes to industries and countries they feel are the biggest offenders (have the most money) to extort money for the globalist agenda. Its all part of the "Top down bottom up." The REAL Science is we are going into a "Polar magnetic shift/flip" and a "Solar minimum" at the same time (which is widely known by those who actually study this) which is causing/and going to cause lots of unusual weather and earthquakes famine floods etc...Just google it to get a general idea. The sad thing is it has nothing to do with anything manmade and there is absolutely nothing we can do to stop it. Of course THEY know this and are just waiting to say "See we told you this would happen." but it wont matter by then anyway. Ask anyone who believes in "The Big Bang theory" this "Can you show me where the center from where all this mass spread from, and where its going?" They will just look at you and shrug.The truth is there is much we do not know "Thats the truth" we are just finding out the universe is Electric,and Dark matter doesnt exist this all just happened in the past 2 years. Science is constantly re evaluating and thats a good thing.

[@sambrunt6096]

For me, this is the first clear explanation of how decentralized cooperatives with large scale economic power can turnabout the revolution needed for the betterment of all life on this planet. Thank you!

[@ladygrace2741]

Are you stunned?

[@stiiimes]

😂

[@richardoloot1295]

watch event 201 you will be thrilled in another way as to how youve been scammed and sucked in! wise up and educate yourself in all respect.

[@dray8724]

@@ladygrace2741 y yee try Rufus frustrating

[@annfuckantifa5973]

So you mean corporations

[@clover6480]

This is a visionary speech. But he exegerates and oversimplifies some aspects, it remains to be seen. Lets go!

[@killiet.6945]

Albert Einstein - 'Problems cannot be solved with the same mind set that created them.'

[@vaughnwaldo]

#Deep

[@simplyiresistabl]

yes so end marxist programming

[@kevinzhu8922]

It's new form of Utopia and only fools buy it

[@amitj5916]

K Taruc I gave you that 200th like enjoy!!!!

[@1detarrednu]

Buddha - 'There is no problem'

[@babyjesus2025]

Watching in 2021. More relevant than ever.

[@dirkdiggler9379]

Let the brainwashing commence

[@yasi4877]

Watching again in 2024, 6 years later. I'm no longer impressed. The guy is an illusionist. He is setting people up for the NWO and 2030 Great Reset with draconian implications for society.

[@jamesclark7762]

The 2008 financial crises was not caused by high oil prices.It was caused by loose lending by the banks,mortgage derivatives.

[@averayugen7607]

Nonexistent money.

[@xxpistolero420xx7]

the financialization of the economy high GDP, high inequality.

[@marcknight-3prfl-c901]

James, who backed many of those subprime loans?.... it was International companies that had locks in the subprime derivatives...many of those companies were oil based .."The recession caused demand for energy to shrink in late 2008, with oil prices collapsing from the July 2008 high of $147 to a December 2008 low of $32. However, it has been disputed that the laws of supply and demand of oil could have been responsible for an almost 80% drop in the oil price within a 6-month period." www.resilience.org/stories/2009-12-08/was-volatility-price-oil-cause-2008-financial-crisis/

[@ruralcounsel]

@@xxpistolero420xx7 High inequality can have many origins. But the largest (at least in the first world countries) is that a vast majority of humans are just lazy and/or stupid, and their time and effort aren't worth very much.

[@dextros1364]

The banks artifically increase housing prices to get a higher return on their mortgages. They created the housing bubble, the rising oil prices popped the bubble as people couldn't sustain the mortgage payments during an economic crisis.

[@stephenboyd6230]

People have left tons of great, articulate reviews. All I'll say is thank you Vice for getting this content to me. It took 4yrs, but you were the first. And videos like this make me wish KZbin had a ❤ button. Lastly, for this particular video, I wish a petition was in the description

[@NewLifeFromTheWayofTruth]

Socialist..

[@stephenboyd6230]

@@NewLifeFromTheWayofTruth Such a typical, uneducated response. I dare you to elaborate on that and substantiate your enlightened view. I'm going to go out on a limb and guess you have no idea what you're referencing, nor do you have anything to offer, other than criticism. Prove me wrong 🤞🏼

[@bro6568]

@@NewLifeFromTheWayofTruth you will own nothing and you will be happy [or be killed] -Elites And by the way.. who doesn’t want cars and wants to ride share instead?? Really?! 😂 not me

[@wilsondcs]

@@NewLifeFromTheWayofTruthjj😅

[@wilsondcs]

@@stephenboyd6230gyaftdffh dX red dr gdsft 51:08 f

[@amrutatre1809]

When I saw the video length at first, I wasn't sure I would watch it completely. The video was very gripping and informative. So much information. It's hard to imagine how much time and work it's going to take to achieve what he's explained here.

[@rrboustani]

If it took us 60 years to build our outdated electricity grid. Then, it will only take us less than 20 years to build a fully digitize energy system infrastructure. Some European nations have already accomplished about 30% to 40% in building such infrastructure and moving fully towards renewable energy, which will be eventually near zero cost to produce, and allowing to share the needed available resources, which will help eliminate waist & pollution, and it will improve everyone’s life and improve the eco-system, and to be able to grow only organic agricultural products free of contaminations & viruses.

[@Corn0nTheCobb]

Me too. I was planning on just watching a few minutes to see what it was about. Now here I still am almost 2 hours later. He's got some really good ideas.

[@66pst]

believe.Each travel starts with a step ....

[@newagain9964]

@@rrboustani pls provide sources to your claims.

[@mrschnider6521]

this is all BS propaganda, when the government says they are investing aa trillion dollars to prevent somekind of disaster and goldman sachs is on board its just another manufactured emergency they can use to grant themselves more power and authority. The government will never spend time on solving a problem if the problem doesnt create a bigger one or if the solution doesnt involve giving themselves more power or money to spend.

[@Eric-x7v]

Jeremy Rifkin just made an incredible first impression on me and is truly inspiring. This is a voice that needs to be heard and this is leadership.

[@j-nish3570]

As another commenter said imagine taking pointers in morality from someone employed by the CCP and the EU

[@zacharykanebronson2549]

Was it the part where he claimed the earth is 450 billion years old?😂 He makes an astonishing amount of false claims.

[@felipefuentes4811]

Blind and brainwashed

[@Eric-x7v]

@@felipefuentes4811 potentially, please expand....

[@justthetruth6197]

What a moron! Learn to think for yourself!

[@theonewithnoname3375]

Every time I come back and watch this I see more and more that I didn’t the time before and All I can do is hope that we as a species can all come together instead of be so heavily divided against ourselves

[@tuckerbugeater]

Why are they deliberately dividing us into racial and gender factions?

[@genkiferal7178]

nature rarely works that way. most species have a balance of working together and competing against each other.

[@ritchl3262]

@@tuckerbugeater the gender debate here? You serious?

[@richardsawicki8521]

@@tuckerbugeater Same reason they always have.Keep us busy fighting each other over crumbs so we don't unite to fight them for the whole pie! Turn of the previous century robber-baron J. Gould was quoted as saying "I could easily hire one half of the poor to murder the other half !"

[@justthetruth6197]

There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be. Learn to think for yourself! The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much. We, and our carbon "footprint" are just a fly on a camels back. If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci.... Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere. Sickness of mankind is becoming a thoughtless machine

[@hugohabicht9957]

The climate is changing with and without us. No point fighting it. One need to focus on dealing with it.

[@bartelgrant]

The climate is changing with us considerably faster though. There is really no need to speed change up if avoidable and if the change has negative consequences. Not to mention all the other negative consequences associated with oil and gas.

[@Tobstar76]

He has given me a lot to think about! Hi Vice, it would be great to hear from Jeremy about 2020 and how covid affected productivity and world economics.

[@julioluque6223]

@vice

[@mindexpandingknowledge409]

@vice

[@craigrichards5135]

@vice

[@dirkdiggler9379]

Lmao that’s a good one ☝️

[@THERhibuss]

My thoughts exactly

[@KarlRock]

This is mind blowing!

[@FR0980Y]

Don't be fooled by this man. He is promising a future of freedom, prosperity and decentralization for everyone ... but wants to try to achieve it through big government, central planning. This is the mistake that socialist and communist countries have made for the last 100 years. It's only led to failure, poverty and death. He's convincing because he paints a vision of the future that we will likely achieve. But it'll be through capitalism. The freedom to buy and sell as we please and to put our money towards the things that advance us is the key that got us where we are today. Giving that up and trusting the very people he ironically tells us not to trust will be detrimental. We've done this before. Many times. It's failed spectacularly every time. The future he describes is capitalism. It was made possible through capitalism. Every socialist scheme in recent history attempt to take the advancements of capitalist entrepreneurship and then take control of it to create a utopian society. It doesn't work like that. Capitalism works by allowing everyone to compete to make the best products and services. This includes energy sources and transportation. The best ideas win. If you try to speed up the process by handing over the means of production to the central planners (governments), all you can do it hope and pray that they happen to choose the best way forward for everyone. The odds are extremely low that they will especially since the power they are given to attempt this can easily be corrupted and used to maintain their privileged position in ruling over us. Don't give away your freedom to the powers that be for utopian promises. Only a free people can achieve such a thing.

[@Appleriver3]

FR0980Y yeah workers being in control of their own labor and resources is going to end up in Failure, death and poverty. And guess what else, if you masterbate you'll go blind! The rich people tell you this nonsense because they want to own your labor and resources so they can charge you rent and usage fees. Increases in productivity made possible by technological innovation should result in a reduction of waste and working hours period but under the capitalism increase productivity results in the billionaire class rather than a reduction of working hours. This is really not rocket science. You can calculate the energy loss when you convert fossil fuel energy to mechanical energy. Likewise, under the capital system, you can track labor energy to see where most of it ends up. Thanks the capitalism, most of it ends up in the landfill and in the pockets of the 1%. This is why the 40 Hour Work Week hasn't changed in 150 years. If you work at a TV Factory helping to produce 10,000 TVs a day, at the end of the day you probably won't learn enough to purchase even one of those TVs. If the workers don't get paid the full value of their wage, how are they supposed to purchase the very goods and services they're producing. Now if a technology comes in the doubles that to 20,000 TVs a day, does that translate in the reduction of working hours. No workers are still dependent upon the 40 Hour Work Week in order to Survive. The capitals tell workers that they can't be free because Freedom will result in slavery and death? You actually swallowed that line of crap? Of course the slaves in the Antebellum South also thought their condition was natural and necessary. They thought master was responsible for giving them food, work, and clothing,. You think that you need a capless owner in the same way? you don't think workers can produce their own TVs at automobile on their own? Without a hierarchical dictatorship?

[@FR0980Y]

Michael Mappin Okay, let's reason through your system of workers owning the means of production. First we have to determine how a product or service gets created. I hope we can agree that it starts with an idea. You can't supply the community, nation or world with a product without any idea of what you want to make. In a free market system, everyone has the right to do this. As long as they can save up the capital, take out a loan or obtain outside funding, any man, woman or child can start a business. They research market trends, current competition, future growth outlook, location, tax rates and a thousand other things to determine whether they think that this new business idea will be successful or not. They then take their own money and blow it all on this idea in hopes that they are right and that the business does well. If it's a small local business like most, they are probably going to need to start out doing all of the work. They might need to get their husband, wife and/or kids to help work too because now they don't have time to work for someone else. They have to live off the money they saved or borrowed until the business starts making a profit. Most businesses end here. You don't even know they ever existed. You know that place not too far from your house that's been a dozen different restaurants over the last decade? The one that every time you see a new one go in there you think, "That's not going to last long. That's a terrible location"? Each one of those is someone who took a shot and failed. The people you hate, the evil capitalists, are the few who made it work or was lucky enough to be born into a family who's parents made it work. Now of you are lucky enough to have created a successful business, you're probably not going to want to continue to work 60-80 hours a week trying to do everything. Your business is now growing and making a profit. You have the extra money now to hire people to work for you. It would have been nice to hire help when just starting out but you didn't have the money to pay them. Who volunteers to and can afford to work for free in hopes that a business with a high likelihood of failing will pan out and start making a lot of profits. Workers don't assume the risks in starting a business. They simply make a voluntary agreement to perform a job for an agreed upon wage. Even if the business does poorly, the employees still make their wages. Therefore, if the business does well, the ones who assumed the risk make all of the profits minus the hefty chunk the government takes. A very small number of businesses like Walmart, Google, Apple etc do remarkably well. They sell their product to people all over the world and only while they remain competitive and stay ahead of the market. This is how free market capitalism functions. It does not and can not ensure that everyone makes the same amount of money. For obvious reasons, very few who take this kind of risk is going to let people they hired to perform a specific task to make decisions about how the business operates unless they specifically hire them to perform this task (which is where management comes into play). This is what people do under their own volition without any outside force dictating how they run their business. So now it's your turn. Please describe how you would build a sustainable, working model of business and labor that's different from what people would do on their own. Start from the beginning where an idea is first formed. Who is allowed to pursue these ideas? Who is allowed to turn these ideas into a business? Who determines this? Where does the capital to start up a new business come from? If everyone who works for a business is effectively a partial owner, are they forced to work for negative wages if the business isn't making any profits? Can they quit if they're no longer earning any wages? What say in the operations of the business do the workers get vs what the owner gets? Is it equal? Pure free market capitalism isn't a system. It's the complete absence of a system. Socialism is, by definition, a system. Please tell me in detail what this system is and how it works. I need more than just worker co-ops. I need to know how an economy functions under socialism.

[@Appleriver3]

FR0980Y , any man, woman and child can start a business if they can save up the capital? Yeah, but the key word is if. most people might be able to do that because of the way the capitalist system works. Under this system if you were an average worker, you're immediately at a disadvantage! And even if you were able to overcome this deficit, you're still having extreme disadvantage because of unfair competition. you see, for some reason you seem to be associating capitalism with the free market system. I'm not sure why you're doing that because capitalism is actually antithetical to the free market system. If you truly support the idea free markets, then you would be anti-capitalist. Capitalism is a pyramid scheme. It is a system of slavery. Sure, the sleeve can extricate himself if he produces enough wealth from his master. This was often true in the Antebellum South. It would often give the slave and incentive to be both obedient and productive. Likewise, we have that kind of incentive under this form of Neo slavery. It's fascinating that you don't actually recognize capitalism for what it is. This was often true with the slaves of the Antebellum South. They thought their condition was both natural and necessary. Probably because they were born into that environment and it's all they've ever known. Likewise, you probably think this way because it's all you've ever known. I'm not really sure, but it is fascinating. If you don't recognize yourself as a slave, how can you ever Free Yourself? But anyway, let's say you are lucky enough to save enough capital to start a business. You've paid your extortion fees and now you've extricated Yourself by opening your own business. Let's say you used to be a piano at your local high school. Now you want to work for yourself so now you provide private lessons to children in their own homes. Easy enough, yes? But let's say someone like Bill Gates wants to Corner the market on piano lessons. Do you think you could compete with him? He can afford to hire people that formally worked for the symphony orchestra. you don't have that prestige. what a mother want her child to learn from a high school piano teacher or from a former member of the symphony orchestra? But let's assume that you can still compete. Bill Gates has enough wealth where he can subsidize himself and actually offer piano lessons under cost. so now not only does a mother have the option of having a prestigious piano teacher, she can get one for half the price! you on the other hand, you have bills to pay and no savings. But let's assume you move into your parents home so that you can compete with Bill Gates, at least until he raises the prices back to normal. So, not only does Bill offer piano lessons under cost, he now starts putting a multimillion-dollar advertising. Obviously, you can't afford to do that. But luckily for you, you have enough loyal customers that enable you to keep making a living while living at home. But then, all of a sudden there's a downturn in the economy and people can't afford you any longer. So you lose half your customers. But you're still surviving. So what does Bill Gates do? because obviously he doesn't want to maintain low prices for ever. He knows that if he can Corner the market then he can actually increase costs and people will have no choice but to pay them. But he needs to get rid of you and other competition first. so on top of everything else he's done so far, he also starts to offer a million-dollar prize for the best student each year. For second place, he offers a all-expenses-paid vacation Of your choice. 3rd prize is a free grand piano, the Lamborghini of pianos! Do you really think you can compete with someone such as Bill Gates? Let's say you've got a new idea for a toaster oven. You open up a factory to produce toaster ovens. You employ a thousand people! However, since Bill Gates owns resources such as nickel, copper, Cobalt, along with shipping companies and oil and gas, he can get his resources for half the price you can! on top of that, he can afford to utilize state-of-the-art technology when it comes to mass production. This is not only enables him to produce 10 times faster than you can at a superior quality, he only has to hire a fraction of the number of people you do even though he can produce more faster! and on top of that, he can offer his toaster ovens at half the cost because he doesn't have employees. he also has the ability to mobilize both production and labor if need be. there's two examples of how you can't compete.

[@Appleriver3]

FR0980Y , Socialism so·cial·ism ˈsōSHəˌlizəm/ noun • "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole." Socialism is a bottom-up system, the opposite of capitalism, which is a top-down system. Instead of one share equaling one vote, one worker equals one vote. The workers themselves are the board of directors. There is no dictatorship. The workers get to decide what is produced, how things are produced, where things are produced. They don't have to worry about being forced to use toxic chemicals or engaging in production methods that will poison both themselves and their community. Note: it is important not to confuse State capitalism with socialism. From etymological standpoint, State socialism would be an oxymoron. Would it be possible to have a non-hierarchical monarchy? :D you see, both communism and socialism fall under the branch of anarchism. An means not / without. archy means rule / rulers. While it is true that the Scandinavian countries provide things like a generous social safety net and universal healthcare, an extensive welfare state is not the same thing as socialism. What a lot of people confuse as socialism is actually social democracy, a system in which the capitalist government aims to promote the public welfare through heavy taxation and spending, within the framework of a capitalist economy. This is what the Scandinavians practice. Consider Mondragon in Spain. You have a community of over a hundred thousand people. These workers own their own bank, Research Laboratories, University, means of production, etc. The workers are the shareholders and the board of directors. they don't have to worry about being forced to use toxic chemicals that would poison both themselves and their environment. They don't have to worry about some CEO or capitalist owner moving their job offshore. Instead of CEOs and shareholders ( those who don't work / produce) extracting huge amounts of money, the workers have a substantially higher income. That means other businesses in the community thrive to a greater degree because workers have money to spend on things such as entertainment, eating out, beer, haircuts, etc etc. One person's paycheck is another person's expenditure. And, unlike with capitalism, when automation replaces workers, you now have more people to share in the remaining workload. Productivity increases while the number of working hours decreases. But under a capitalist system workers that are replaced get laid off and then have to compete with other unemployed people which drives the value of Labor down. Unemployed people don't have money to spend in their community. That creates a domino effect of unemployment and economic contraction. This is why Mondragon still thrived even during the economic crisis. All wealth comes from mixing labor with capital. Every time a non producer consumes, somewhere else you have someone who produces, but doesn't get to consume. or, look at it this way. Every time a dollar goes to someone who doesn't work, that's one less dollar that someone else work for but doesn't get. This is the problem with parasites. Consider how we exploit honey bees. Every time we take honey from a beehive, the bees have no choice but to compensate by working longer and harder. If we over exploit the honey bee, they often end up dying from malnutrition or exhaustion. What capitalist parasites will often do is replace the valuable honey with high fructose corn syrup. This leads to an unhealthy bee population. However, this translates into huge profits for the exploiters. Exploitation is wrong. It is immoral. There are two forms of slavery under the capitalist system. You can either own people out right, or you can own their labor. Whether you're expropriating labor energy or honey from honey bees, what you're engaging in is parasitical Behavior.

[@richardclayton9475]

Rifkin neglects to mention all the excess mining and the resulting pollution that will occur in order to obtain all the minerals that will be needed in order to built all these solar panels and wind generators for his Third Industrial Revolution.He also neglects to mention how we're going to dispose of all the toxic chemicals(silicon tetrachroide)used to make these solar panels.And don't forget,solar panels and wind generators don't last forever.What I can't understand is why nobody in the audience or the people who interview Rifkin never question him about this.

[@michellecarew7778]

Lol yup!!!!! Lithium stock is gonna boom

[@martinvlaanderen5807]

yre right

[@Tigerbythetoe]

You’re right, so much Green Tech ain’t Green…

[@markus3451]

Everything people do will result in waste. Whats most important is reducing emissions to have a stable climate.

[@HeMe3uDa]

because they're too busy making youtube videos

[@kaypakaipa8559]

wow. im out of words. Im just so ready and excited to build the next Africa. I trust youll all do your part in your respective communities. Its our turn now.

[@azraelbatosi]

kudz Pakaipa just prevent your leaders from selling out your people....if you can

[@wobblybobengland]

@Tamera Bonner 3:53, but where are the Māori?

[@annarupp-desrosiers760]

him: "none of this is being taught at schools by the way" me: *watching this right now for my english class

[@nora3657]

Are we in the same one ??

[@annarupp-desrosiers760]

@@nora3657 HAHAHA are you at champlain?

[@nora3657]

@@annarupp-desrosiers760 LMFAO I am But i ain't watching all this

[@alex_lamarche]

@@nora3657 HAHAHA ALISON TETT?

[@christophergaspar6520]

@@nora3657 lmfao this is literally the online version of bumping to a classmate on campus

[@waypedia]

I'm reading the comments and it seems most people here didn't get this... This is not based on the socialism and communist system. He repeatedly said this will involve human power, private sector, government and social sharing... making a post on Wikipedia, a song or help at the local community would be the start, it will scale up once you get free energy, cheap water, etc etc This is revolutionary indeed! I work from home doing apps, my car uses my solar panel to charge it, I already eat less meat and buy less clothing. This still early and it will scale... Just think about it if you would say 10 years ago that you will send your daughter to school in a strangers car and meet the love of your life throu a phone you would probably said it's insane. I said that about cars and now my tesla drives better than me :)

[@brianwall2359]

The problem is - most of the people who are watching this are too stupid to even understand what he is saying.. they will be the ones on the bottom of the totem pole in the new world economy!

[@AqierDesigns]

Brian Wall back in time the weak were at the bottom, nowadays the dumb are. Somebody always is at the bottom.

[@randomhiphop5055]

Brian Wall naw the problem is its an hour and a half video and most people probably watch the first 5 minutes then comment. So dont lose faith completely.

[@dmos65]

I think that's what he meant when he mentioned the dummying down of america.

[@RekLooseRocks]

It’s a step towards communism and egalitarianism. Nothing wrong with that.

[@s1nningjezus207]

Im crying. Im crying hard. My mom taught me this had to happen and she died drained and almost hopeless. They are finally truly changing and finally seeing everything at the same time. It's all connected. We are all connected.

[@Derrowssi]

Sharing economy! That's what Uber and Airbnb said before taking your money and pouring it to the pockets of invisible rich investors while at the same time throwing the gig workers under the bus!

[@michaeledwards7967]

Because those models are tied to 2nd Industrial revolution infrastructure. Did you watch the whole thing?

[@dewalediblegardens7800]

@Dean Turner 2nd industrial revolution infrastructure includes monopolies. The 3rd revolution has its strength in being truly de-cenralised.

[@WholeToast]

Uber and AirBnb are still centralized sources that control the sharing economy. They are not part of the decentralized third industrial revolution being talked about in this video. Imagine an application that is open source, written with smart contracts that execute if and only if someone generates a payment through this application to someone else. The smart contract always executes upon the initial transaction on the blockchain and it is written in such a way that once the person generating the payment is taken from point A to point B on the GPS, they are paid automatically. The validation and governance of the transaction, the output of the smart contract, and the releasing of the payments all happens by validators on chain, and every user of the service is a participant in the validation. There are no middle men, no Uber and AirBnb controlling anything, and no one taking a cut in the middle. Purely decentralizee ride sharing in a nutshell.

[@NickolayEl]

@Dean Turner You think there's ever been real communism on this planet, yet calling others gullible..., now THAT's funny! Watch Star Trek and then open "The Capital", you'll find very few differences.

[@fernandosousa4657]

@Dean Turner You mean "Basic American instincts", right? China...an abject failure. Been to Shenzen lately? If that is a failure, I'd hate to see their version of success .

[@atomicatdog]

Ive been waiting for my algorithm to show me this video again

[@maggiereeves8585]

LOL Patience Space Ghost, it will if not already. It took about a month for it to find me...

[@lizbeveridge]

3years it's showed itself, but i probably just looked past it. Its a good second watch, and i haven't stopped research along the way. I can't help but think fantastic with a big but. The share concept is a promise from the master's 'you will own nothing and be happy' plus i need to pull the toy apart and give it to my sister. The next big work thing.. are we slaves, or cyborgs or what? I've seen similar footage with out any human beings. The truck train, are they part of the iot doing that analysis? How do they connected to it? The food and community agriculture is the way it should be, they are going hard to distroy this. Are they using the generation at hand and inspiring them to run with this and push on social media, marketing content. He carefully withholds some information with ease. Are we all being used to bring about this World Order? Are they going to use to there advantage and manipulate the very people who think and speak up. I hope not.

[@thereGoMapo]

KZbin, Spotify, Google, Amazon, Apple, AirBnB, Uber, Lyft, Kickstarter, Go Fund Me. They all get a piece of your pie. To really get to zero marginal cost, you have to move your content to alternatives not be locked in.

[@wimveninga1714]

You are completely right. I hope that will slowly change. Web3.0 technology and decentralized protocols you find in the crypto sphere can probably help to solve this.

[@thereGoMapo]

@Gottfried Lieber A public option is great imo. "Medicine for All" by Dana Brown proposes such an option for Pharmaceuticals.

[@jonathanlabrecquepoirier6615]

Blockchain ❤️

[@rextrugo7046]

Wow, this is the way to move forward in the world. The social principles are well respected and advocated here. Let's go and build a better world where empathy, compassion, and human lives and all life forms thrive.

[@Saki-Legenda]

Okay. I listened long to this guy. Word after word made sense, but he finally hit home in a major way with the following: "What we´re beginning to see from millenials is a shift from geopolitics to biosphere consciosness". I don´t know how anyone can dispute that. Absolutely spot on!

[@tybat8154]

Warning!! The Opportunity Cost, of watching a video like “Gangnam Style” is 16,000 years. The basis of this theory is flawed.. The fall out from technology will be devastating if this is a indication of human understanding, forget the coronavirus.

[@michaelynharris4282]

God help us if millennials are buying this load of diabolical fear and evil disinformation. Please fact check energy in Germany based on Nord-Stream II.

[@Saki-Legenda]

@@michaelynharris4282 Ah.. I'm guessing your're a boomer? In other words, the ignorance and conformistic nature of your generation is what has put the world in the heap of trouble that it is in. But hey - as long as you stay proud of your United States of disinformation - who cares about the bigger picture that in the end engulfs even that comfy bubble of yours.

[@michaelynharris4282]

Well, these aren't facts about Germany being made up of tiny linked green energy producers putting big energy out of business. Simply a non truth. But if it sounds good to you, then that's sad.

[@warwickbond8836]

@@Saki-Legenda your dismissal of a contrary view with an assumption of his generation highlights your ignorance. The video offers no actual solutions to sustainable energy production. If you consider for a moment that nuclear energy and improved infrastructure is the way forward. Rifkin likens goods to data and communication. Completely illogical and useless rhetoric. He just pissed in everyone's pocket with his fantasy talk. PS. Nuclear is the future. Not the bullshit claims of solar and wind.

[@Frontier2000AnoDomin]

A lot of this talk is very one sided and simplified. Rifkin talks about access of technology to a much larger base along with "zero marginal costs". What he doesn't talk about is the other side of the scale... much higher numerical competition and market saturation. Anyone involved in the creative, performing or visual arts will be well aware of the fact that what we are really talking about is a double-edged-sword. The concept that social media, like KZbin, evens out the playing field because anyone can publish and everyone can choose what to experience is also misleading. Does anyone really think that the majority of "most watched" KZbin channels are the "best quality"? The number of views have a self feeding exponential effect, this what we call "viral". Just like a virus these videos may not be beneficially to society as a whole and become popular for all the wrong reasons. This is just one example of various things that are glossed-over here. Wikipedia is another example of how this video over-simplifies issues. Anyone who is professionally trained in a particular area will find many errors on Wikipedia pages that relate to their chosen field. The concept is fine, but comes with a cost. The "equality" Rifkin refers to in this talk is over-simplified, full of sound bites and stilted to make for clever argument and an entertaining lecture.

[@royalty_the1892]

This should have more likes

[@vincentw4881]

We should all recignize it is oversimplified but that doen't mean it is false, it means we have to embrace new ways and make them work. It's not magic or a silver bullet, it's a ner paradigme. And I embrace it.

[@aliAli-ty4rf]

@@royalty_the1892 it really does

[@CanIHasThisName]

Like everything in life, these systems aren't perfect. They are tools like any other and it's up to you to use those tools correctly, and doing that is what we and future generation have to figure out. Wikipedia is actually a great source of information to get the basic grasp of something. No, it isn't always accurate but there already is the mentality of doing further research from various sources if you really want to learn more. For instance, if you get into specialised hobbies or ventures, you can use social media to get in touch with people who are doing the same thing and have encountered some of the same problems as you. Wanna start fixing your own house, car, bicycle, learn how to build a computer, create a website... All this knowledge is now accessible if you have the incentive to learn. And then there's also the very nature of Wiki itself - if you know the information is incorrect, you can correct it. If you take KZbin specifically, it's been here for 16 years, and it took a relatively long time to get it where it is. In fact, it has spent most of its life not being profitable at all. The thing is that KZbin exists because Google stuck to this idea and pushed for this concept nobody else wanted to do (in fact nobody does to this day). The fact the most watched channels aren't of "the best quality" does not mean the system doesn't work. Firstly, the fact that people are watching it often means they are actually enjoying it, which actually can be considered their quality. And secondly, we don't yet have good enough systems in place to get the most suitable content to the viewers. We're getting there but it takes a lot of time. Back when Yotube started, the recommended videos were just completely atrocious and absolutely not relevant. Now they almost always serve you something you will actually enjoy watching and most users will just use the recommended videos to explore content, rather than look for the most viewed channels. It has gotten to a point where it's difficult to explain how to "start using" KZbin, that is to start finding videos you'll be interested in and enjoy watching. As you're using it, you'll learn kinda organically. And KZbin Music? The fact it actually does provide some relevant music is great, and that only became the case in the past 2-3 years, it's definitely improving. Viral videos are really just that - there are countless examples of channels who published exactly one video which went viral, but it never really did anything for the channel itself. People simply watched the video and that's it. That is why engagement is now also an important metric. A channel actually has to produce some interesting content in order for it to become popular. You can also make a full-time living out of youtube video production without your videos being wildly popular. Many of the channels which work as full-time youtube video producers get 20-100K views per video and have a few thousand Patreon supporters. So that's a good example of decentralisation - they have (in many instances more than) two separate systems working for them. And keep in mind, nobody ever suggested video production would be a viable source of income for every person on the planet. You can't deny KZbin has provided incredible opportunity for content creators and given thousands of them the platform to publish their work, even if they have to diversify. I'd actually argue that the necessary diversification is a positive thing. Yes, the lecture is very simplified. But it is describing some very complex systems which are still very new and in many cases we don't fully understand how they work and cannot predict how they will evolve. But the changes they've undergone in the past 10 years were very dramatic. Which is all the more reason why we should focus on them and realise they are a big deal. Companies are spending billions trying to figure this out. Again, they are tools which we must learn how to use properly.

[@Mrrogersbestneighbo]

Liked this comment despite some disagreements. I'm generally skeptical of people who talk as if they have all the answers or knowledge of just about everything when they don't cite much of anything as a source for their information. Speaking authoritatively as if you have some knowledge the general public doesn't have may sound convincing to the average person. I mean it's certainly much more entertaining. When people start citing sources, that's when people start to doze off. However, it reflects kind of poorly on their ability to differentiate between the things they know they know and the things they are uncertain of. If you speak as if you have no uncertainty whatsoever (especially regarding things in the future), it just makes you sound kind of like a self-aggrandizing idiot. it's important to express some humility when engaging in any kind of speculation. Otherwise can easily come off as arrogant or manic, like you had just snorted cocaine and suddenly feel like you've gained the ability to predict the future. It's important to relax your role a bit when engaging in that kind of speculation. While I think this speech can be motivating or inspiring for a lot of people, I think there is a lot about it that is very unhelpful to public discourse about these kinds of topics.

[@TheNuevafuerza]

Watching this at beginning of '21 - He is right on.

[@OfficalJumperKanal]

He is. So so much.

[@SmartMoveGraphics]

Me too. Well said.

[@hemantsriv2883]

I just jumped from Vice news to this and I suppose I'm not sleeping again tonight

[@andrewaguilar8317]

What if I want to live out in Utah, away from major cities? Do I also need to give up my car?

[@kirstinstrand6292]

@@andrewaguilar8317 Lots of empty land in Utah. City living for you?

[@bertanelson8062]

Nice mission for young people and yes, it's an uphill difficult climb. So many of these ideas we had, sharing, creating co-ops, organic gardening, reducing or eliminating meat from diet, off grid electricity from small independent sources such as our rooftops, creating community such that we share ideas, information and labor, worker-owned businesses, hand-made products from natural sources, natural self-care using medicinal plants and energy healing. Yes, we were doing this, some of us, who were part of the largest generation --the "baby boomers." But ultimately there were too few of us & we were swamped by the conventions of the day. Some of us kept on and I am one of those, in my 70's now, living on solar power, collected rainwater, eating a raw plant-based diet, in a small collaborative community. I send you my love and greatest support & well wishes. You are my grandchildren! Take this on!

[@scorch4299]

Thats right - Millenials - give up your entire life and generation to ensure that the Boomers can go on living the last of their rich existance, fix all their problems, and create the new world for your kids and the next generation - thats all you have to do!

[@nuancecontraire]

@@scorch4299conspicuous that people who live this life dont have kids. they’ll technologically outsource that too if they get the chance. already in blueprint

[@maggieadams8600]

In my life it's the young people that want to own cars, leave electric lights on, don't think about the environment....It must therefore be some young, some old, some middle aged people who are aware of a need for change. It's simplistic to put all positive or negative attributes onto one generation.

[@glenstortroen1286]

the main point about young people is that they are going to recieve responsibility for whatever infrastructures are there for them, that and some of them are going to expand upon said infrastructures.

[@ia5823]

The young will turn old, so teach the young to be better and they will teach their young

[@bertmon9698]

Decentralization is the only answer to remove politics and monopoly.

[@hugonongbri8100]

yeah good luck with that :D

[@Liamjcurran]

In a free-market society decentralization leads to increased inequality which ironically leads back round to centralization, only this time a corporate centralization. The key is to re-engineer market processes.

[@PaulDickson7]

You will still need a decentralised and centralized system which works together somehow. I fully support DeCentralised but it's nice to have some control when shit goes pear shaped

[@MarcusEMunya]

I don't think removing politics will help. At least part of the answer to controlling monopolies is to strategically distribute or subsidise Technology developing in AI and harnessing and storing renewable energy I do think we need to allow more freedom and democracy at the level of policy, regulated by public interest. A community petition activated system of government debate for or against a policy. Similar to the 100,000 petition mandatory debate in British parliament (but with actual teeth). This would allow the population to intervene on key issues and force government to consider popular opinion. Also, donor caps to prevent veiled oligarchy, like the Justice Democrats. Renewable energy technologies like Tesla power wall and AI farming can help to decentralize energy and food production

[@maxwellharris3365]

Crypto son!

[@mdh3855]

The most Important thing i would love to hear about is money? How our debt based economy can be changed by the sharing economy? The banking infrastructure is to be changed? Pity no one asked him a question on the banking system and financial, economical structure of our current times

[@lisa-annelee1863]

David Graeber, Debt the First Five Thousand Years

[@hummingbirdbumblebee4618]

I watched a video by Zang. She said January 1st 2021 is when cash money turns into cards. I bet it takes a lot longer than that.

[@leechang9089]

A decentralized digital connected world needs a decentralized electrical energy based digital currency. That does exist... a lot of people, corporations, etc are building the digital decentralized Infrastructure because is open source. Now is your turn to go into the rabbit hole with that... The old system will collapse and the change in my opinion is gonna be violent... Fiat money and debt are violents by nature.

[@ndr-nwb]

Salaam Mohammed, i'd be interested to connect and see how we can end riba through sharing economy.. lets connect

[@gusjohnson1908]

Bitcoin.

[@djosearth3618]

Love this speaker is it social and economic theorist *Jeremy Rifkin.* "don't sell out" is his best quote of hundreds

[@MrJayspeaks]

The people in the audience thought they were going to hear about a timeshare in Maui.

[@michaelb9940]

They got their phones confiscated otherwise they’d be on their phones the entire time!

[@-mw-1488]

Nah Vice knows better than that they brought hipsters in the audience not your grandmother and grandfather and their friends

[@americanflooring207]

Lol

[@cristianignacioraggiocarva3223]

The speech this guy put on reflects the antropocentric way of thinking that has develop the economic paradigm as the unique form of organise our lives. We have to realize that this "cientific-efficiency models" based on productivity has bring us to this massive social and environmental crisis all over the world. So why we should start a new economic revolution based on these same principles? Have we ever question these principles? It is the productivity that has to move our will or perhaps solidarity, empathy, love? Is this the one and only model of development to follow the next decades? And yes, I have a another plan: reduce our ambitions and accept (integrate) the knowledge of the different. Start looking without any prejudice the other (people, cultures, animals, nature in general) and grow in harmony with them. Only then we will be able to build a healthy and sustainble society..

[@amritaamazon3692]

You have said it! This talk is disappointing to say the least:(((

[@_sunshine_rainbows]

bravo

[@stevet7506]

I think there are a multitude of things that could occur to allow this vision to occur however not the least of which would be a massive die off of human population and precipitous decline in consumption. What you're saying is correct and part of the spiritual revolution. I just don't think we ought to eliminate technology from our lives. We didn't come this far to simply live in huts and amongst nature ( and if you want that by all means, I may choose to do so too). I just think crypto is the answer to resolve our financial debacle, the battery based transportation and projects like the meer reflections projects are but few examples of the kind of tech that will allow us to continue on and liberate ourselves from the constraints of modern life and potentially usher in a new existence with a new appreciation for each other and nature. Of course, we could also just be fucked 🙄 but the scenario where we all just realize we need to live in nature and eat within 10 kms again is beyond impossible. I'm interested and could do it. But most people can't.

[@padaudio6969]

It sounds so compelling and great - the problem is just: I am german and it’s not true. We are not the country he depicts. It‘s just a green washing marketing gag and even if it wasn‘t in the beginning it becomes that more and more with big money involved. Even the green political party here is following this narrative although it is quite obviously wrong. And Rifkin gave the arguments himself in the beginning of his speech: it‘s simply the laws of thermodynamics and the lack of ressources to keep the standard we have in the 1st world. There‘s just no way for the endless growth he is promising in the end and you’ll hear this from almost nobody whos voice is recognized. Think about that... It’s like it can‘t be true cause it is widely banned from our thinking of the last 200 years. In fact the 3rd or 4th industrial revolution even needs a lot more energy and ressources than those before - much too much to produce it in green ways or sustainable cycle economies. And in fact AT&T was not only the utility enterprise he wants to make us believe but also a big spy and secret intelligence enterprise to keep vertical power structures alive. Same with Google and Co since „don‘t be evil“ was cancelled. I really hope the narrative of sharing and commons will find realizations without only be driven by the same egoisms and fake narratives we know all too well. Because this really seems to be the only chance to avoid big time human kind catastrophies as we’ve never seen them before already within the next few decades when our direct children are still alive. But atm I can only see quite the opposite as well as big marketing trying to hide the basic insights we need for that which mainly is: developing an internationally fair and caring non-growth economy.

[@williamsfamily809]

I fail to grasp why people bother talking about "3rd or 4th industrial revolution". The next industrial revolution will come FROM a technological invention in field of energy production. You don't get any revolution until a new technology is created and starts its way to the masses, that's how its always been. Also I am really glad you see the green renewable scam for what it is. Michael Moore had a great new documentary on the subject on KZbin

[@nitreall]

What exactly are you seeing in Germany? This is not change you’d notice unless you’re looking for it.

[@jonathangiffrin590]

Well said! I am from France and I felt Rifkin was giving a strong Americanised picture of Europe. Whilst I share his vision and admire his passion, I have my doubts and criticism. Renewable energies have their limits, so does have any energy productions, as Mr Rifkin brilliantly explained. The issue with solar panel and wind turbines is that they are not operating at will, it does not follow the actual demand of energy. Electricity can hardly be stored, they got to be used on the spot or they will over power the system. It must be consumed at a low cost or to be wasted. Unfortunately, if they are not producing energy (night, no wind), some other source of energy must be used to supply the demand, meaning you are still dependent to coal and fossil fuel. Worse, a solar panel depends on coal to be manufactured, it takes apparently 20 years for a solar panel to compensate the intake of coal it was used to produce it. 20 years later, I am not sure this solar panel will be as efficient and my guess is it seems hardly recyclable. Wind turbine also requires so much steel/heat to produce, this is not clean to produce. Pad, I am a strong admire of German approach and really value the population and government desire to go to renewable energy. Germany is certainly one of the leader in the world to find alternative energies and it is to be respected for that, but it is still using largely coal and fossil fuel. I read somewhere 50% of its energy actually comes from coal. Williams Family is right, Michale Moore had his point, but it felt very sad and short of alternatives. Food for thoughts, I really enjoyed Jean Marc Jancovici presentation about the issue we are facing. He posts some excellent videos on youtube. There is certainly no systematic approach to the problem, but it is excellent to hear from a variety of experts and economists have to say. Sharing knowledge and building bridges between communities.

[@carstenehlers1864]

I get where you’re coming from. I’m from Germany myself and when you’re looking at our country you might get the feeling you have. It’s really hard to get an outside perspective at how far we have come when you are not outside (of the country). I had the privilege to get that while living for a year outside of Europe and the changes in Germany are really outstanding. One of the biggest problems is IMO that a lot of people don’t have the ability to look outside the box away from their own personal agenda and problems and also don’t want to give up their lifestyle. That’s why we have a problem to get a majority of voters behind an agenda like this an so much is done silently when really there should be more political envolvement in explaining further steps in getting to a healthier earth. Be we are on a good path here. We do have a lot of hiccups though I give you that. Partially because of big corporations and lobbyism. But I still see our politics more on track than any other nation in the world. And if we can pull it off we can teach and sell our knowledge to the rest of the world because at that point everybody wants in. The Green Party in our country is IMO just more moderate in their dialogue so they can generate more votes but if you follow their Argumentation and their political concept not much has changed in the last twenty years. Their number one goal still is 0 emission by 2040. Elections in Germany are in 2021 and if they can hold their votes from their EU election we will see a significant change in politics towards their goals. To get to the argument of energy. Rifkin actually explained how Solar and wind is going to function. If you have the whole world connected by building knots at let’s say every zip code you can redirect overflows of energy produced at sunny or windy spots to knots where they’re needed. Also engineers are working on technologies to save your produced energy to extract it when needed. You can’t just say this is not working because you don’t know the next step, you have to keep researching within new fields to get there. We can’t give up! We are quickly running out of options which puts us all in the same boat.

[@padaudio6969]

Carsten Ehlers I don‘t know which country you mean but you surely know then that Germany is still quite bad in per capita emissions in int. comparison no matter how much change we already had. Sure there are some worse countries and we’ve improved but the big majority of countries is still by far better than us. That is even true although we externalized some energy intense industrial productions to other countries though we are the consumers in the end. My point was: we (the western countries respectively their politicians and ppl like Rifkin) have not a glue of an idea or concept for a society or social structure which is sufficiently sustainable to preserve a livable planet for our kids and grandchilds till this day. In opposite to Rifkin’s narrative we are indeed the problem makers and not the problem solvers. Sure, the opposite surely sounds better to our ears and feels better for our self-image and so we desperately want to believe it but it‘s objectively wrong. Once again: we won‘t rescue the world in selling more and then allegedly green stuff, we (1st and 2nd world societies) are to the contrary the trouble makers on this planet. No matter if one of our societies may be a little better than the other, it is by far not enough. I live in a federal state ruled since almost a decade now by the green party and no matter what they officially say what they will maybe do in 2040 (lol, long time till then, easy to promise everything, we know that game meanwhile..): the first thing that happened when they won the election was that the new green governor turned into the biggest lobbyist for the locally important car industry. Indeed exactly the same like before under the conservative governor - no change at all! On contrary: the tax payers now had to pay penalties to the EU because we had too much air pollution for the EU laws. But wait, I’m wrong, they finally did change something after all law tricks to avoid EU penalties finally failed: because they are so green they finally built a bunch of air filter stations directly beneath and around the measuring stations for the air pollution (city known for bad air caused by all the daily traffic jams). And - woooow - we officially have quite clean air now because the measuring stations measure the cleaner air from the filter stations around them 😂🙈 But the same traffic jams and the same pollution like before on all other corners. Friendly speaking: green marketing - however I call it cheating at the cost of the ppls health. The same game with the wondrous german „green“ diesel technology - marketing! The same with the big electric power companies: they are not interested in a decentralized infrastructures because they loose their monopolies and they do everything to torpedo laws for fair payment of decentralized energy producers. We’ve lost our solar industry to china. We are about to loose our windmill industry to china. And on top we forget in that kind of reasoning that all those green industries need a lot of ressources and energy too to be build. It is NOT green to buy a new car with hundrets of horsepowers weighing as much as a big truck 30 years ago even if it uses electric power to drive - stuff like that is only marketing to sell new and so called „green“ products. Ppl must buy new stuff for the sake of economic growth and if they do not fast enough anymore then we get a bunch of new laws that they have to buy new stuff in the name of a fake green economy. But in fact that normally means even MORE usage of ressources and more pollution! And those kind of thinking seems to be the only so called „visions“ for our future that officially exist? Really? If you ask science it obviously won‘t solve our ecology problems at all! It‘s not that I don‘t see that some ppl honestly try to change things and it’s not that I want to give up any hope but 1. we are way too slow (which has to do with lobbyism, interests and power) and 2. we refuse to admit that we have to change our way of life profoundly and we need completely new concepts and ideas about society, distribution and the meaning of wealth. Only a bunch of new technologies within the same logical and ideological framework won‘t work out as everybody should know who knows the laws of thermodynamics. First tipping points are already done. E.g. Greenland ice shelf is irreversibly melting now which means we loose some megacities including some first world ones. Latest scientific insights: We are heading for 3.8-5.3 degree scenario till 2100 which in all probability imply int. disruptions of kinds that our societies and political systems won‘t be able to handle at all. Parts of our planet with millions and millions of ppl will probably get uninhabitable then. Wealth will decrease anyway (just ask the insurance companies and their calculations). Rifkin or politicians who promise what will be done in 2040 or 2050 are just phantasts when they believe that all those processes will still be controllable then. I strongly apprehend those hopes are the same denial of reality fairy tales we hear for decades now. The Rifkin speech documentary is a framed and quasi-religious staging itself. Just analyze: regard the usage of the music, speech and pictures and so on. It’s the marketing of an idea with the aim to avoid questioning the ideology of neverending growth. In fact he knows that and cleverly uses it to generate followers within the younger and mid-age generations for a vision some are strongly interested in. Wake up or stay a believer..

[@matthewrossouw6768]

The amount of anxiety I have watching this documentary is unreal and I’m generally such a chilled dude, there’s not much to say, it’s all just so sad 💔

[@viperrr6886]

We can't ignore change might as well understand it and accept it as our world changes everyday.

[@immortalritesh]

Watching this during corona crisis is like watching everything he said comes to life..

[@zenowl3093]

Me too, crazy!!!

[@nukeout]

Me three!

[@victor6240]

Agreed, Like he said its a constant cycle of back and forth

[@WilliamPurcellHotshotCustom]

funny but the crisis was brought on by the same people who brought us the federal reserve.

[@rider9187]

And you guys still don't believe in the plandemic?

[@zahid1909]

The most inspiring and technically sound convincing speech I have ever listened to in my life. Jeremy is a great thinker and activist in deed!

[@intangibleassetsmusic]

you're insane

[@marchelandersen6839]

it seems like he has some errors in his analogies about entropy but you might find that out some day :-) Chapter 2: The Science of Productivity 20:56 there is clearly some agenda being pushed here

[@TheSuicidalSocrates]

remaining 200 million cars...hmm thats either a very wrong guess or its very telling of what to expect.

[@erikwsince1981]

This is absolutely profound. I am actually for the first time truly hopeful for the future of the human race, if we can embrace these concepts as the new global agreement for our sake and the planet’s sake. Beautiful. Now let’s get to work!

[@GerardVaughan-qe7ml]

Erik Weimer I "went to work" back in the late 80's - on "Wind energy". By 2003-ish I finally had the subject SORTED. Turns out that that - because turbines and alternators have opposite "economy of size", a combination of the two has a cost/watt curve which is necklace shaped. Catenery. The lowest cost/watt region is for sizes where the T and the A cost about the same as each other. This size region turns out to be from about 0.5m to 1.5m diameter !! I have a prototype since c2006 which supplies energy at about 1/40 the the cost,/watt of that from a typical 'windfarm". So far no one is even slightly interested !

[@blasecorrea8350]

Gerard Vaughan vids or it didn’t happen

[@GerardVaughan-qe7ml]

@@blasecorrea8350 You want a vid of my TAD system ?!

[@blasecorrea8350]

Gerard Vaughan post some videos on your channel, if you’re serious people would be interested

[@GerardVaughan-qe7ml]

@@blasecorrea8350 You are right, I must do that. It is at least 15 years effort, and the result is a total Eureka ! It is going nowhere, apart from atop my house, and KZbin might just get it to where it is needed. There is Wind here only very occasionally, when it has supplied at a rate of C 500 watts 240v, 2amps, DC from C20m/s wind. Solar is the best bet here - Bulgaria . Its Inlet is 65cm diameter, and outlet 92cm. It is about 1.3m long. Looks like a Badminton Shuttlecock. A 'Ducted Fan". Yes I really must make a vid., but am "spread a bit thin" ! I hope I will be able to give you an "Alert", bit otherwise I will include "Shuttlecock" in the wind turbine title, ok ?

[@wesleylin8197]

🎯 Key Takeaways for quick navigation: 01:37:01 🌐 *Infrastructure development is essential for economic growth and should be prioritized over incentivizing individual businesses.* 01:38:33 💼 *A social market economy, combining government, business, and civil society, is crucial for sustainable development.* 01:39:48 🌍 *Millennials have a unique generational responsibility to advance global sustainability and interconnectedness.* 01:40:50 📢 *Millennials should collaboratively advocate for global stewardship and sustainability, leveraging digital platforms.* 01:42:27 🌱 *Local involvement and maintaining commitment to sustainability are key, even against corporate pressures.* 01:43:27 💡 *The demographic shift towards Millennials, who are more sustainability-focused, offers hope for ecological improvement.* 01:44:00 🚀 *Embracing risk and resisting the lure of selling out are crucial for nurturing a more equitable and sustainable society.* Made with HARPA AI

[@gratefullybred]

I felt pretty excited and invigorated after watching this... scrolling through the comment section quickly killed any positive reaction I had from these ideas... I'll just keep marching toward the imminent mass extinction with all the rest of you small minded folk...

[@like2thc]

dillcliff Lmao...👍

[@HelenMurray00]

dillcliff never doubt the ability of a small group of people to change the world or ruin an intellectually motivational talk 😂 Be one or the other 💪💪

[@pleaseexcusemeimavirgo7126]

pretty much..thats were im at

[@Orange_Rabbit]

I'm quite sure the majority of these posters are uneducated americans lmao

[@ltzgiggsy]

This was my exact reaction. I honestly think this was one of the most concise and objective summaries of our world and the actual problems it's facing.

[@EliahHoliday]

Unfortunately the current power structure of the world is not going to let go of its deathgrip on the rest of humanity, not without a fight. Anything that arises in society that potentially threatens the power monopoly will either be destroyed, co-opted or otherwise perverted. We are part of the problem as we've accepted and continue to accept the current power dynamic out of familiarity, a prison on which we've established a zone of comfort within. What's required to save humanity from extinction is a radical shift in how we view and value our place in the world.

[@ulfhenarpolymathmilitant6258]

Eliah Holiday Unfortunately this will be the new DEATHGRIP over humanity get ready for global fascism .........its in your face !!!!

[@chellelaclare6748]

Yes, we only know what we know (which is why this was so interesting to view, to expand our thinking!) The idea of touching a piece of plastic on a wall and having an electric light illuminate the darkness at a whim is our a priori experience now, but is all so new, really. (That experience didn't exist for the first 25 years of my grandparents lives!) vAnd not shared worldwide, either. It is now not only familiarity and "all we know", but a dependence we have, built for convenience and kept going because it is less work than making tallow candles for inferior light. And let's face it, for such hard workers on the one hand, we are also lazy and pampered as a society, and all of our built infrastructure caters to that. And all of that was built by the power monopoly, as you put it, and they will not go lightly into the night... Ever experienced a prolonged blackout of energy? Ecological devastation could put us there for intermittent or extended periods in the next 100 years or whatever time frame it is (and my grandparents were born 110 years ago, so this will be in the lived experience of our children, when WE are those grandparents.) So this is important. But wresting that control from the power structures that exist now is a tall order; aside from the monopolies and the corporate monied interests, just look at our Congress that is so divorced from our lives, some of them think of tech as "doohickies." No clue whatsoever. The new generations need to rush in to the civil and corporate infrastructure with new ideas, but well aware of the obstacles and how to neutralize them, it's to easy to be subsumed by these overriding interests and our own laziness too. The Beat generation and the hippies in the 60's, Occupy...they all build on each other and we learn more and more each wave, but how to take on a massive system like this will take some real energetics...that said, it's amazing how things flip on a dime when the time is right and the groundwork has been laid.

[@NicoKupfer]

its* deathgrip. But yeah, you've hit the point...

[@johnstanis2787]

Yes my Friend you have hit the Bull-Eye ! Your analogy and our Technology(s) is causing the Trauma of the World, PTSD.

[@GM-lq7sw]

True and I am afraid, since many countries are moving out from the Dollar dominance (Russia, China, Iran, Philippines), that the US will do everything possible to keep their world sole power, including a war that could threat the whole world... this is the current level of our leaders... they only threat each other, spend billions in weapons... instead they could use those resources to improve the world, I + D in medicine, in space, in so many areas... in fighting the hanger of half of the world, who actually it is hungry due to the corporations they created... another world it is possible, they just do not want it. Empty heads, unfortunately.

[@rainemaker5791]

I can’t remember how I got to this site. My mind is🤯 and I’m so happy to be alive. We have work to do. I am a teacher and know what these kids need for their generation is not what I teach. Beginning to see my purpose! #biosphereconsciousness

[@chriskragtwijk6191]

these 2030 advocates are dangerous

[@HumaneApproach]

Big up Vice who dare to share/focus on this. "This" something very much needed, a rare ted talk done in a "Vice way".. So good, so important. Humans honestly is not very advanced and for us to do, we need to talk.

[@cs-mh2dh]

He is spot on with how the economy works and why we need to make the changes. But the crisis in 2008 was not from any new oil issues, we see that happen on a regular basis. In 2008 crisis, it was the big bankers scamming the bank system that took down the economy. Yes, it was all the big banks in the U.S., but there were other banks globally that was doing it as well. We absolutely need a different economic system the takes the control away from the government and bankers and puts it into an equality of the people. Until that happens, there will be no changes made anywhere. It is greed that has created the problems, and it has to be the fight against greed that will enable changes to be made.

[@iamdk007]

You are talking about a problem within an industry, the financial industry. Oil spreads accross many industries and many countries and thus serves as a catalyst for economic stability across the world. You are giving corruption more credit then it deserves.

[@colettemcdonald4984]

block chain digital assets Ripple XRP ripple.com/insights/the-internet-of-value-what-it-means-and-how-it-benefits-everyone/ and video kzbin.info/www/bejne/qqjUiKyPp6mCmMU

[@logann001]

It's called bitcoin.

[@HitemAriania]

No, not ripple - ripple is highly centralized and founded by banks. However, there are tons of alternatives. Tangle, Dag and distributed ledgers. But if you wanna mention cryptocurrencies i would say Iota, Monero and many others who are actively working their way away from centralization.

[@ucsglobal]

The banks were selling (packaged as prime investments) sub prime mortgages which are dodgy at the best of times. These are sold to people who can barely afford them anyway. So when the cost of living rises due to fuel costs increasing (and remember fuel increases affect EVERYTHING. You can’t get goods to stores factories, power plants, without transport which runs on oil. And each step in the chain is increasing cost so an item could have triple the increase or more to an incremental increase in fuel cost. These people fell over because they couldn’t afford to keep up house payments, car payments, food, fuel they had to decide what to dump, so they abandoned the houses. You can still rent but if you don’t have your car you’re not going to get to work. There’s a good movie about it called the big short. The accumulation of the defaults created a domino effect went on to affecting the banks Once word got out that the banks had failed assets instead of productive ones the market sentiment shifted and thus began the crash. Its now happening again by the way. A number of countries are now experiencing the financial stress of the oil price increases. www.bloomberg.com/view/articles/2018-10-02/emerging-markets-oil-shock-has-already-started?cmpid=BBD100318_MKT& So yes the banks caused the crash but the initiating factor was due to the rise in fuel costs affecting the cost of all supply chains to the cost of living.

[@Albaner-Gamer]

I can't remember watching a video with so much relevant information from disciplines that dictate my daily life!

[@andymanhoof5536]

Agree, finally something real, informative and honest.

[@junep2039]

Admiration can only go so far. We need action. Let's start building. kzbin.info/www/bejne/fHbPYWCwpb2Jr9k eos.io

[@junep2039]

Mark Stobie If you have a better consensus model then I'de love to hear it. Bitcoin is governed by 3-4 mining pools. 21 "master nodes" that can be voted in and out by stakeholders is mathematically more decentralized in my opinion.

[@andymanhoof5536]

It is already happening in the foreground of the digital world. The demand is there and the new supply is heavily int he making when it comes to cryptocurrency and new business models behind it filling those gaps.

[@Salty-lil-Sloth]

I get it, but him telling millennials to hurry-up and save the environment… it makes me think nobody was listening the past 20 years.

[@brexistentialism7628]

Watched this months ago... As it goes along you get this impression of this well experienced and knowledgeable person who now in his older years wants to 'give back his wisdom' to safe the younger generations (sounds about right?). Then I thought, it's so easy for someone who has made it in his life to only now start really thinking about the future etc. If he stood there saying this in his thirties; that would be impressive. That would be revolutionary - and it would be ignored.

[@richard9436]

He's doing it for the $, NOT the SHARING economy.

[@dunkno1660]

He been doing this for a minute tho ….

[@erikhesselman3676]

​@@richard9436 in our capitalist society all humans must earn money to survive in the world (unless you have access to money someone else earned). it's a fact of life. if you can make money by sharing positive, progressive ideas and practically reforming harmful systems (examples of reform in Germany, China were shared) how is that a bad thing? in our society we also don't accept radical ideas from young people because they are just that - unproven ideas. it takes time, experience, money, and a network of people to bring concepts to fruition. it's one thing to have an idea and another to bring it to reality. that's not to say young people don't have great ideas, but not all ideas young people have are great in the context of reality. it makes sense for an older person to have a more complete understanding of that. you must work within the existing system to create change/a new system (which is why Rifkin says there will be a transition period between the second and the third revolution). that also doesn't mean the new system will be perfect, it's just an evolution from the old, and eventually there should be an evolution from this third industrial revolution into the fourth. it's easy to feel damned if you do and damned if you don't, but that doesn't negate the positive shifts that are happening however imperfectly. progress is not linear and it is very, very messy (as Rifkin described when mentioning "happiness is the blank pages of history"). it's a complex problem and no one solution is going to solve it for the rest of time. the worst thing we can do is let our fears decide for us that we will do nothing - because then our destruction is certain.

[@daniellittle7525]

Deer in the headlights look amongst the crowd is priceless, and this documentary is gold.

[@DSGLABEL]

Get this guy on JRE!

[@LeoCharles]

DSGLABEL send Joe tweets and make him aware of this man's existance. I just did, but we wil need tons of tweets for him to care, so go ahead buddy!

[@DSGLABEL]

Leo Charles I did brother!

[@bebeezra]

Sorry guys. JRE isn't going to fall for a Al Gore lite snake oil salesmen advocating redistribution of wealth and socialism. Stop being so fucking naive just because you see a slick speaking old fart spewing out leftist propaganda and skewed data designed to scare the shit out of gullible millennials and transfer wealth from one class of people to his class of people - Marxists. Google Gulag Archipelago if you want to know how well that Marxist experiment worked.

[@bebeezra]

Alex Gutierrez. says the low key imbecile.

[@randomhiphop5055]

Alex Gutierrez lol you are the reason people are flocking to the right side of the political spectrum.

[@efortune357]

Thumbs up if you know Jacque Fresco, Peter Joseph and a Resource Based Economy. There are a lot of thinkers out there who have considered a Post Scarcity economy. It's worth understanding and pushing for.

[@i.kaminskiy7563]

fuck yeah! RBE \m/

[@adrianhdragon718]

Somewhat familiar! Some good ideas ! Sounds like a mix of socialism with technology !

[@Trotskisty]

All you petit-bourgeois utopians want what proletarian *Socialism* promises Humanity-- without all the nasty, inconvenient 'revolution' stuff. You *always* pick the low-hanging, easy, sexy fruit -- and leave all the hard, dangerous work to the working-class... Grow TF up.

[@rb032682]

@Trots - To which "hard, dangerous work" are you referring? To what "low-hanging, easy, sexy fruit" are you referring? You're making the current owners of the USA (top 5%) sound like the terrorist slavers who were USA's "founding fathers". Oh. Yeah. They were/are terrorist slavers. They forced slaves to do the hard work of building the USA.

[@simeon324]

Ayandolos, what communism has to do with genocide? and what communism has to do with socialism?

[@Iquey]

I don't mind that there is a decline in "productivity" when a large chunk of what we've been producing to spur economic growth is cheap disposable goods that become environmental waste. And I'm saying this to the big industries, not necessarily the individual consumer who is provided a limited choice of end-user *products* to be purchased, but are essentially left outside of the decision process pre-purchase.

[@4aco]

Dont buy it they won't make any more and pollute the planet dummy so take some responsibility instead of blaming corporations like everyone else so they feel better about themselves. We're all in this together corporations wouldn't be polluting the planet of they didn't have people demanding there products and supporting how there made by spending money on them. You have a choice no one pits a gun to your head don't act like a lack of choice makes you buy shit you truly don't. Need because at the end of the day you don't truly need a y of the shit you buy other then food clothes and shelter

[@zampy15021993]

@@4aco Maybe FIRE community will push "frugalism" enough to at least reduce the waste production.

[@filmjazz]

Someone should be talking about *reducing* GDP and slowing population growth. Any “revolution” that talks about increasing growth and productivity as a response to our current predicament should be taken with a truckload of salt.

[@VideoMagician77]

In the video, Mr. Rifkin made the claim that most economic growth comes from productivity growth, and that most productivity growth comes from increases in aggregate efficiency. If this man is correct, then this means that the rise of A.I is going to coincide with the greatest economic boom that humanity will ever witness. This is because AF rose from 3% in 1900 to 14% in 1990 where it has remained constant. Since A.I is essentially an optimization machine, it is going to allow for us to theoretically achieve 100% AF. This would be a 614% increase in AF compared to the 350% increase that we witnessed in the Industrial Revolution. In other words, AI is going to be almost twice as impactful as the introduction of machines and fossil fuels to society which is mind boggling to think about.

[@derekseed]

This is the most important video I've watched in a along time. Please share this video with your families and friends. Thank you Vice for releasing this! I would like to have heard about decentralizing the monetary system.

[@kimwarburton8490]

although bitcoin is currently the leader, it still has alot of shortcomings. Currently we are in 2nd generation of crypto. i have hope that the 3rd generation will be the one thats both a store of value AND currency for transactions thats accepted by all companies. although bitcoin n other currencies can do this, it's not effective enough, there are long delays (60mins is often quoted to ensure transaction has been recognised, which makes buying a pizza or coffee tricksome) and there's been high fees n the banking system is trying to get involved n gain control (ripple is the prime suspect) i, too, would have enjoyed hearing more about the blockchain technology behind cryptos n general decentralisation of all money. TED talks (channel on youtube) has a few presentations that might have info you dont know about. some of them about future applications. TED talks also cover a huge variety of topics from social issues to science to education to environment n human behaviour (and lots more) :)

[@kimwarburton8490]

would u care to explain why what i have said is 'dum AF'? (dumb btw, 'dum' is a vocal sound) what does 'MAGA' mean? n what has Trump got to do with this snippet of conversation? please stay relevant and on topic if u do reply and try to leave the insults at primary school where they belong, thanks

[@kimwarburton8490]

c c 1st i said "i hope" not that theres a chance as u imply i did 2nd i been learning about stock markets esp CFDs financial literacy etc esp related to bitcoin last 2 months n i STILL havent put a single penny into anything. WHY? Because i know that bitcoin was reaching such highs because it was fashionable. Majority who bought btc over 14k last december is a prime idiot who dint know what they doin n have nothing to blame except themselves for jumping on the hype. Of course the bubble was gunna burst. It obvious that such fast growth is unsustainable. Esp once u learn about the probs with btc. Their prob was a total lack of research n understanding. I feel sympathy for them sure. But their own inattention to their own lack of education on the matter is the cause of their losses 1st rule of stock markets.... ONLY bet (cos it is a form of gambling) what u can afford to lose. There are NO GUARANTEES. Technical analysis helps to spot good times to enter trades with higher probability of success, but does NOT guarantee it. Btc is currently in a kill zone. Caught between the 100 day Moving average n the previous high which is current resistance level. There has been a pullback, but its 50-50 if new support level drops down from 9.3k to 8k dollars (predicted due to fibonacci) or if reaches new resistance lvl of 14k (again from technical analysis) Do i know this for myself after 2 month research n watching stock market n tryin to interpret technical analysis for myself? Nope, but i listen n learn from those who been in field for last 5 years minimum n whos recent advice n predictions have shown 60% or higher accuracy. I believe thats the very bare minimum education one shld have before messing about with somat ya dont understand with such drastic consequences^^ Be a trump supporter all u like Theres more important things in the world for me to worry about than the fanta menace, such as the lack of food security thats gunna hit us within next decade due to soil infertility, or the sudden increase in polarised thinking among those who r governed more by their emotions than by logic But thats just my opinion You do you, you obvs think thats best chance for success for you n i hope ur right. I hope he does make america great again cos someones bloody well got to I just doubt that someone with such a huge ego, who rages on twitter like a spoilt toddler can even keep simple promises to help coalminers, let alone the rest he has promised. His recent actions since n about the florida school shootings do make me hope he has matured somewhat. There is always hope n chances for improvement so life n bible has taught me Dum Spiro Spero

[@kimwarburton8490]

There r the things we know we dont know n there are things we dont know we dont know. Learning what u dont know is 1st step to not getting tripped up by those things. I still dont yet know everything i dont know about btc n stock market n technical analysis after 2 months, but i am aware of over 50% on those subjects even if i dont understand them fully. Thats the basic lvl of education i was getting at that 1 shld have b4 playin with stock market I realised i hadnt been clarent. Personally, i wont b delving into any of it until i understand the other 50% Afterall i want highest probability for success Thats the power of logic over emotions/hype Those pple who lost money buyin btc in dec will learn 1 of 2 things ... 1 dont waste savings on stock market its too dangerous n tricksome Or 2 that they need more education b4 they try again Regards cryptos in general ... There here for good. Maybe not the same brands/names tho, much like we no longer employ steam engines (except for displays) Governments n banks all around the world are gettin their fingers into the crypto pie. Recent regulations n talks about how to regulate n how to protect customers/citizens are most probable cause for recent drop. Its fear based that btc gunna b banned n its also criminals n darkweb folk leaving for other lesser known cryptos with higher anonymity n security But theres simply too much money n too many 'innocent' lightweb folk involved n invested in top 500 crypto currencies for a ban to happen worldwide. Sadly this does mean the end for the original ideals of the btc makers. To what degree i dont know n thus im not certain how i feel about that loss of crypto freedom longterm

[@jesus777erleben]

The most important video you have watched? Please keep watching and you'll find there is many more, which are more relevant!

[@jeffa847]

If wind and solar are making it so cheap then why did the price of electricity to the consumer in Germany go up 25% in the 10 years leading up to his speech?

[@scootermcgooginhime2464]

This is just a guess but I'm thinking its because the infrastructure to support this new style of power is costly to produce and install but once it is done prices should drop then again why drop the prices when it has the grounding then you MUST use the system and will pay what they say to pay

[@lizbeveridge]

He speaks of the "distribution of renewable energy" i don't hear a definition of what that is. Its not obviously the grid and solar panels to me. I was waiting for it to say but i don't think it does. Im thinking something like Tesla's electricity from last century or some other, if the intended plans are humane over economic.

[@Arthur_Kizito]

Chapter 1: The Great Economic Revolutions in History 12:40 Chapter 2: The Science of Productivity 20:56 Chapter 3: A New Smart Infrastructure 29:12 Chapter 4: Zero Marginal Cost and the Rise of the Sharing Economy 35:30 Chapter 5: Financing the Transition 54:32 Chapter 6: The Generation of Mass Employment 56:30 Chapter 7: A New Consciousness for A New Era 1:00:06 Q&A: 1:12:58 Q&A 1. Rethinking Employment in an Automated Economy 1:12:58 Q&A 2. Peer-to-Peer Education 1:15:44 Q&A 3. An Empathic Counter-Narrative 1:18:18 Q&A 4. A Biosphere Trade Agreement 1:22:08 Q&A 5. Ecological Agriculture 1:25:13 Q&A 6. The Water-Energy Nexus 1:27:34 Q&A 7. Leapfrogging Poverty in the Developing World 1:31:01 Q&A 8. The New Digital Monopolies 1:34:03 Q&A 9. America at the Crossroads 1:35:58 Closing Statement 1:39:15

[@bettymilan1497]

I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG?

[@MarceloPacote]

I'm so happy for taking the bold step in working and investing $2000 with Expert Mrs Elizabeth Donald's after a week I received $19,680 to my bank

[@alexandrathompson5213]

@Bright Williams Is her trading service in Europe ?

[@christinepersley7012]

Hello am from Wales, My partner just approved my trading..can I write her directlylike waztap?

[@christinepersley7012]

@Stanley max Thank you for dropping her tel,I just wrote Mrs Elizabeth and she responded nicely

[@leesabastine5452]

I keep on earning$9000 every week with her strategies

[@chrismorphis5132]

What a fascinating lecture; so many interesting ideas, but my favorite part is 22:50 - 28:46 where he draws the link between thermodynamics and economics. This really brought some clarity to my sense of a fundamental disconnect between economic theory and the natural world. The omission of the physical laws of energy transfer from classical macroeconomics is a big part of why modern civilization has grown dangerously overinflated on nonrenewable resources. Now we are learning to percieve this sustainability-sized blind spot.

[@paulezycom]

If only Exotic Vacuum Objects were real technology.

[@justthetruth6197]

There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be. Learn to think for yourself! The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much. We, and our carbon "footprint" are just a fly on a camels back. If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci.... Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere. Sickness of mankind is becoming a thoughtless machine

[@chrismorphis5132]

@@justthetruth6197 There's a bit more to it than just the sun and the earth. Are you aware that the metabolic processes of living organisms literally created the atmosphere on this planet? Take a look at data about the extent to which modern humanity has modified the surface of this planet. Our built environment and support systems encompass about 15% of the land area. Consider the vast quantities of energy that we expend as a de facto extension of our own metabolisms. Is it really so inconceivable that this could affect atmospheric processes? The world is vast, but we are many and our actions do affect the world around us. You assume too much when you say that it is thoughtless to understand the reality of climate change. Do you suppose that everyone just takes the word of news articles? On the contrary - the dynamics of anthropogenic climate change are thoroughly documented and not very hard to understand. I've considered many arguments for and against - I'm not a thoughtless machine.

[@deborahdean8867]

@@chrismorphis5132 these do called climate problems would be solved with simple pollution control. But you try to solve the problem under the wrong cause assumption you will make deadly mistakes.

[@chrismorphis5132]

@@deborahdean8867 simple pollution control such as what?

[@alexablack9160]

Im watching this for the first time in 2020, 12:08 am on November 3rd, contemplating this entire speech and what it means. This has changed my entire perspective.. Thank You.

[@ironmountain7907]

I don't agree with everything this guy says, but he really is phenomenal at public speaking.

[@Theogvineofthedead]

Iron Mountain agreed, he seems to pander to post modernists a little much but he has a decent Roddenberry style philosophy for the future. And a good scientific understanding.

[@victoriaabel6727]

This is a class everyone needs!

[@andrewmorrisondesign]

This is so so important and motivated me to start acting on the concepts talked about. I'm from Cincinnati. Reach out to the Civic Garden Center and Keep Cincinnati Beautiful, 2 organizations that are trying to combat climate change.

[@solvinglight9846]

What's the percent of CO2 in the atmosphere, and how much is too much, and why, considering that the CO2 molecule is a molecule of life?

[@marcelinosilva4473]

Great story bro

[@Fipser]

3:55 Productivity is declining all over the world? Is there a source for that?

[@tybat8154]

Warning!! The Opportunity Cost, of watching a video like “Gangnam Style” is 16,000 years. The basis of this theory is flawed.. The fall out from technology will be devastating if this is a indication of human understanding, forget the coronavirus.

[@javaman5464]

Google it

[@iam1smiley1]

Ya "free cheese" from government and laziness.

[@larrysundqvist3918]

When effectivity goes up productivity declines. It's obvious

[@RoopertThePoopert27]

this documentary really changed my world view

[@RoopertThePoopert27]

35Colorado I guess

[@RoopertThePoopert27]

35Colorado I was basically their ideologically already sooooooo.... yeah

[@RoopertThePoopert27]

35Colorado it's really not... by a long shot this is not communistic I would know I'm a communist

[@JameyKirby]

Mine too

[@Scottspace1]

These are great ideas I love how clearly he explains it. I'm stoned to the bone an this stuff is blowing my mind! 🤯😃😃

[@mbbostanci]

apparently the redhead is the cameraman's favorite

[@nunyabznazzz7429]

mine too... huba huba lol.

[@bennygraham847]

12:18 is gorgeous.

[@batlu97]

“Nobody seems to notice, nobody seems to care” George Carlin

[@strategicgamer1466]

Solar and Wind energy is no 'zero' cost. Equipment needs maintenance. Everything is subjected to the law of entropy. The same entropy you mentioned in your lecture.

[@GospodinJean]

Yeah. He voluntarily totally ignored that

[@warwickbond8836]

Wilful ignorance was rife in his Wonderland speech. If he can't see the merits of nuclear, beyond water usage, he has no right to even engage the debate. Conveniently he didn't mention recirculative cooling. If you're recycling the water through a vertical feed water tower, where is the consumption? He's a flat out liar.

[@guerillanextdoor]

Watched this video and started doing research on him. Hes been talking in platitudes since the 70s on all sorts of topic without ever actually backing it up with facts and numbers. It’s all talk.

[@Tedtally]

Hi Vice. Hi Jeremy. I am somewhere between a follower of Ned Ludd and a follower of Jean Luc Picard. I am excited for many of these (possible) changes to the world that can extend the shelf life of humans--and I'm okay with a lot more of the alternatives and makeshift visions in this video than almost anyone I grew up with--but I also think that most of the folks in the Pacific Northwest of the United States who are dragging behind these alternatives and visions are worried about the disconnect between our physical selves' involvement with this physical world. I love working on cars. I love it. It's one of the most white trash markers of my identity that I fully embrace, even though I've been a labor, political, and community organizer in order to eat for most of the past fifteen years. These transitions, for what may or may not be a "rare bird" like myself, must include how we can remain physical bodies engaged with and connected to our physical world. I like that connection. I like trees--planting them, trimming them, cutting them down when need be. I like mechanical stuff and the fact that the old cars that don't require the latest version of MS Office are accessible to me to Lego and tinker with. I like CDs and Albums. In short: I am a sucker for the sensate world. I have tried to imagine how to transition Oregon's economically depressed coastal towns that used to be timber towns into paying positions that are more vital and productive but still allow the dirt to get under your fingernails. I imagine someone whose parent logged trees because s/he loved the smell and feel of the forest being able to have a job in the same place, with the same solitude in nature essential to a healthy ego that knows it ain't the Alpha or Omega because it's able to see its own smallness out there and have nature fill the nostrils--maybe the one who is planting a bio-diverse future of trees is simultaneously living the tradition of their ancestor while doing the needed and productive thing out there today (planting rather than reaping what nature has sewn.) I understand that I'm screaming into the nothingness, but I do hope the nothingness has ears to listen. Thank you. This is a really thought-provoking piece.

[@truthlove1114]

Beautiful

[@adambrowning3285]

Really excited for the hope of the future. Would love to see an economy where natural resources are for everyone, are replenished and humans act as stewards of the earth. But I think it’ll be more dystopian where everyone is controlled through technology like the social credits that China uses. And this man thinks so highly of China and it scares me completely!!!

[@nightswimmer5357]

I am the nothingness and I can hear you ✌🏼

[@L0rd6am3r]

Dear mr. Rifkin, you talk about renewing infrastructure, renewing our transportation/logistics system by implementing technology in every aspect. BUT computers, batteries, sensors cables need a huge amount of grey energy to produce and huge amount of non renewable elements and minerals! (Neodymium, Terbium, Gold, Tantalum, Tungsten etc etc...) How do we overcome this problem? Will recycling be enough in the long term?

[@jennifern8765]

my thoughts exactly. Hopefully he deals with this in a later lecture.

[@freedomordeath89]

No, it won't work. The root problem is that there's too many humans and too few resources.

[@JameyKirby]

You make a good point. Human ingenuity will hopefully prevail.

[@freedomordeath89]

yeah, keep beliving that teconological development is everlasting and constantly improving. You are so naive and uninformed. Technology can go backwards, technology is dependent on RESOURCES and fixed LAWS OF NATURE, chips are already getting closer and closer to the max level of possible reduction, we soon won't be able to produce any better electronics and we will soon have scarcity of rare materials needed for such electronics BUT you still *BELIVE* that a solution will be faound MAGICALLY! Dude, you should go look into RELIGION if this is your mindset, not in science.

[@hyprolxag]

Johnny only the ignorane of your mind made you think about that. Did you watch the video? Human has just used 20% of the efficiency of the resources, there will be quantum computer billion times faster than today's chip, the total cost of producing 1W of solar electricity is gonna beat fissil fuel no matter what.The maximum population will be 11bil no matter what. Human is gonna mine asteroids in the next century, live on Mars, live under the ocean.

[@outthe.yinyang]

we just watched history; now history's watching us.

[@jeriacevedo8819]

This is mind blowing!

[@maryhadley7373]

You just nailed it with that comment....... I’m trying to not have a feeling about it because I’m powerless

[@maxedwill]

Was feeling some real hope for humanity until I read the comments.

[@ShawarmaBaby]

maxedwill do not ever read youtube comments. Xoxo

[@andynonomous8558]

Don't worry, while these people comment, other people are building it.

[@L0C00L]

maxedwill trolls are everywhere but they are nothing.. mostly Americans from what I can gather too. So that’s saying something

[@andynonomous8558]

His argument is more convincing than yours.

[@maxedwill]

In my view it's more about narrative than anything else. No one really understands economics but if enough people believe a narrative anything is possible. A narrative can lead us to genocide and get us to the moon. God knows what's true and how economics works, but we can only guess, and this sounds true enough and gives humanity achievable aims that would probably lead to a better planet

[@TennesseeJed]

That was a fantastic lecture! Jeremy Rifkin will be elevated to the highest level of historical figures, if we don't kill history with our ignorance.

[@justthetruth6197]

There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be. Learn to think for yourself! The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much. We, and our carbon "footprint" are just a fly on a camels back. If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci.... Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere. Sickness of mankind is becoming a thoughtless machine

[@TennesseeJed]

@@justthetruth6197 So you believe the exponential growth of the human population in the last 150 years has nothing to do with the change of the planetary biosphere and the wearing of a mask and/or vaccines are more threatening than anything? I am thinking I ain't the only one who needs to do some thinking. Please understand I am not judging you or your ideas on profound truths, just observing one person's reality while trying to evaluate my own.

[@justthetruth6197]

@@TennesseeJed We are flies on a camels back. Of course what we do has effects, but it's hardly anything compared to the effects of the suns gravity ALWAYS pulling the earth closer, how that same gravity distorts the earth, the suns light, radiation and flares that heat up and disrupt the earth in many ways, the moon and it's gravity effects on us, and that is just some things on a cosmic scale. There is much more that we could go into but I don't have time. Suffice to say, I'm one of the best people to talk to about this, and the few like me. Not because I'm a self-professed leader, guru or specialist in my field of science (who honestly ONLY process like they were trained to do in school), but because I have ACTUALLY learned to THINK for myself. I have learned how to BE HUMBLE, then take as many different viewpoints as I can, and EASILY see what is FACTUAL and what isn't, and not let the lies (which this lecture was FULL of) influence my THINKING, all while applying COMMON SENSE (which is ACTUALLY quite rare and obviously not taught in schools), then come to a better conclusion than is available...just because I could THINK CLEARLY AND FOR MYSELF. Being able to think clearly is a rarity today. If people would stop living from a place of fear, lack, and being unloved, find fulfillment within...instead of externally...then REAL thinking can BEGIN. Only then will you begin to THINK FOR YOURSELF. And the idea of the real effects of climate change which I shared...that was ALLLL done ON THE SPOT...BEING ABLE TO THINK FOR MYSELF. If I had 1 day I could write a lecture many times better than this Rifkin WITH ACTUAL SCIENTIFIC TRUTH based on that rare common sense...which for intelligent people would make a WHOLE lot more sense..and would bring EVERYTHING together, not just the few bits and pieces this guy was using to build a fortress. Fortresses ca t be built only.using bits and pieces OF ANYTHING, only by massive objects. Bits and pieces only fill in the SMALL holes between the big boulders of truth and again that rare common sense. And that again...wisdom..deeper than anything this Rifkin could ever say..just came up with on the spot. I'm no more or less intelligent than anyone else, I have just learned to BE HUMBLE, SEEK TRUTH, USE THAT RARE COMMON SENSE AND THINK CLEARLY AND EFFECTIVELY.

[@randyl7354]

Wow he said “new normal”. He also mention some other things we’re currently dealing with in regard to the virus.

[@MarvelousWesty]

How convenient

[@beverlyhills8988]

I noticed the new normal bit. Nothing like an apocalyptic nightmare fear based documentary to start the day with.

[@katecarlisle8383]

Well I'm just away to hang myself...😠

[@genkiferal7178]

centralized control is what he is selling and a few in the audience of nodding their heads like good little slaves. There has always been some form of centralized control, but it will never be as centralized as what is being planned. you will not be able to escape the grid and live freely. your every move will be filed and you'll be rated on it. the only creativity or individuality we'll see is that the central authorities allow. not to worry, though, because it will all be convenient and all of the answers will be provided for you - whether you like it or not

[@RocketPipeTV]

It’s all part of their plan. Don’t believe a word of this fool

[@blowera1]

This needs to be taught in schools

[@blowera1]

I know. Hence why I said it needs to be.

[@blowera1]

I agree mostly. It's good to live a life that affects the people and environment around you in a positive way. There is a systemic change that needs to take place to fix the world and in turn the people. Turning off the water when brushing your teeth to save water, changing your light bulbs to save energy and other fad notions like that make it seem like the people can make a few personal changes and save the world but will not actually change a thing (maybe save themselves a few bucks). We need a whole new system that does not demand ever increasing profit, growth and consumption for it's very survival. I highly recommend having a look at some of Peter Joseph's work (founder of The Zeitgeist Movement). I'm not very smart but he talks in a way that even I can understand and has exposed me to some ideas and trains of thought I would not even have dreamt to consider. Travelling down the rabbit hole is a double edged sword though lol. On the one hand it fills you with hope once you learn of all the alternatives and possibilities that are out there but on the other hand it can get frustrating knowing all those things and knowing that it could be implemented fairly easily but there are powerful people out there that benefit from things the way they are and will fight change until the death.

[@phaedrussmith1949]

And the fact that it is not reveals what schools are really for.

[@justinallingham1674]

I teach it.

[@Jim89M]

Todays School system designed in the 1st industrial revolution era, and never changed since then.. They designed to train factory workers, that will obey their supervisors in the factory (teachers), even the bell ring was taken by the industries... The school was and is used by the system to produce obedient, disciple, employees without judge... There is no way to teach things like that which criticize the system..

[@father_dean]

I fell asleep watching this and in my dreams Tom Hanks was following me around telling me about the third industrial revolution.

[@normmacdonaldrules4602]

Was Wilson there?

[@zigginzag584]

pepper your angus!

[@sethonomics3117]

Dean Strandberg, I woke up cause this appeared on my auto play and I was dreaming about the intro 🤭😳

[@abrammoran]

Solar power Lt Dan bullet trains all over the world.

[@tp8271]

𝑇𝑜𝑚 𝐻𝑎𝑛𝑘𝑠 𝑖𝑠 𝑎 𝑝𝑒𝑑𝑜𝑓𝑖𝑙𝑒.

[@bullmccabe9717]

I'm a little concerned that the EU uses the same advisors as China, especially when they use phrases like "the new normal" before they were cool and sell fear so effectively..

[@vvip4769]

I didn't end up here by guess, I was brought here for a reason. Brought to light of fulfilling a duty of the "3rd industrial revolution". A duty that's been playing on my mind for the past 3 years one I must fulfill..✊🏾✊🏾

[@pbajaj]

Yes. It’s 2020. And just into the opening up post pandemic lockdown (here in India). This is a confidence booster of a talk, coming out of home sit-in’s, trying to figure out where next, and this chat reiterates the choice to make bold moves into new realms, as also explained above. Thanks for sharing this video for free public viewing.

[@michaelynharris4282]

You are in India? China invaded and your government banned over 100 Chinese apps designed to steal your data and you still think this disinformation propaganda is a good idea? Please do some fact checking. I beg you.

[@pbajaj]

Michaelyn Harris sorry. I didn’t quite understand your point. But, the political challenges be set aside, which will continue for a while (as China chooses to intimidate neighboring countries), the distributed development model proposed, is finding acceptance most in countries/regions. Not sure, what I seem to be missing.

[@michaelynharris4282]

My point is that this "talk" and these "ideas" are propaganda warfare designed to entice the world to give economic power to the CCP. This Rifkin guy works for them and most of what he says are lies and nonsense.

[@rml4289]

@@michaelynharris4282 China already run you, what’s the difference

[@benjababa]

This is a complete load of rubbish. This guy wants to enslave the rest of the human race so the top 1% can benefit. Flowery words warm fuzzy ideas leading to complete slavery

[@extr417]

Thanks @Vice & @Jeremy Rifkin for all this knowledge you spread. True or false, respect from a random french

[@BryanMuge]

I've made a point of watching this every year since 2015. Its 2020 and it has truly aged well...

[@wonka4]

This was released in 2017.

[@archemedes3652]

That was very inspiring. I could sit all day listen to this man!

[@rateromuerte2708]

28:00 glowing praise for "a new generation of economists who also studied physics." Earlier, condemnation for economists who studied newton's physics and applied it to the markets. Doublethink anyone?

[@austinhedgeman4192]

Especially if we find out Einstein was wrong

[@KalamariKing23]

I Kno right!? 😊 This is Information overload, I could watch it 50 times and find something new. Exceptional video

[@fulalascaos9633]

That's a nice observation, however when he was criticizing economists who based their theories on Newton's Law he was saying that economy doesn't behave like Newton's Law, while he states that economists should take into account thermodynamics (entropy) because otherwise it won't be sustainable, which means we may kill ourselves in the long-term. In other words, economy shouldn't be treated as a divine entity, but a tool to make our world a better place to live.

[@Blake_.Dryden]

That’s a false equivalency. Semantics, heuristics

[@TojiFushigoroWasTaken]

My college principal somehow saw this documentary years ago and has been mentioning it in every speech since

[@marcies1297]

This is the first time ive heard of a college having a principal.

[@TheGoodContent37]

Unemployment is NOT the problem. Not being able to survive is. If we changed the mentality almost all problems would be fixed. Fixing employment only helps capitalism and the ones reigning over it...

[@thecomprehensionhub4612]

Random tip: Watch long documentaries at 1.5x speed too cut the time in half. You can learn more from KZbin at half the time 😎

[@shpluk]

Watching something doesn't make you learn it, and your math is wrong. But I do appreciate the suggestion 🤠

[@thecomprehensionhub4612]

shpluk oops yeah it's more like speeding up the video 50%. Hopefully people actually learn from watching the video instead of just watching

[@andym28]

I watch my porn at double speed so efficient.

[@giveaf9370]

😆

[@frederickokpaise8257]

Try 2x

[@HitSid]

Man, but all those audience people are so perfect, like no hair out of place. Great jawlines, young. Is it only me who notices it?

[@MisterTactless]

In this case a new socio-economical model that is not build on short-term moneymaking for a few people.

[@azraelbatosi]

Except the “sharing” he’s talking about still depends on products created, marketed, maintained, and distributed by “a few people”

[@AjitSinghKang]

I understand that the marginal costs will come down, but wont be zero! For e.g. when we share something in KZbin, the cost is electricity, KZbin servers, maintenance of under sea internet cables, etc. and not to forget the time people spend watching it, time is a cost too. So when we get IoT we will realise that the marginal productivity will also have an lower limit.

[@tommymiller1815]

I had my phone screen locked listening to this and I thought it was vince Vaughan 😂😂

[@charlesnwosu5299]

This seems fine, great and interesting, especially how the power grid is suppose to work, however I know for a fact that this system will be difficult to setup in sub Saharan country like Nigeria, certain state laws within the country that will not allow such technology to thrive, for example states within Nigeria are not allowed to produce electricity beyond a certain capacity for their personal use, in essence you produce beyond a certain mega watts and you have to transmit it to the national grid for distribution, secondly the political system is designed to favour those in power and those in power will not yield an inch of that power in the name of decentralized power grids, your system will put the political elite in disarray within these countries. Furthermore, sub Saharan Africa has the highest number of women entrepreneurs, educated and uneducated, the business these women do are either passed down from their mothers, learnt or they are helped to establish it by their husbands. An education will go a long way in helping them succeed more, but I don’t know how electricity will be a substitute for skills and soft loans needed to help their businesses thrive, mind you very few of their businesses require electricity on a large scale, in addition you fail to mention the existence rising insecurity on the continent, to have these ideas work there must be peace and stability which is likely to exist less and less, my question is how will America’s withdrawal from world stage affairs affect these ideas in Africa? Finally, it’s obvious that the existing infrastructure in Europe and Asia, has made the new technological and infrastructural changes he mentioned possible, example what is the cost of shipping solar panels produced in Germany to the North of France ? How about shipping it from China? Probably cheaper when compared to shipping that same solar panel into Nigeria let alone rural Nigeria with no existing roads and security, lets be honest Africa can leap frog into this industrial revolution no doubt but it will take more than a miracle to pull it off.

[@isaac6077]

Its good to know someone knows what a fallacy is and is good at expressing it

[@brianglasser5856]

0 point energy isn't as hard to setup. Tesla could have done it alone with some labor help of course. A 11 year old or so did it with a pop bottle and could power his home or a couple things maybe.

[@robertlucero7794]

There's the rub. These liars don't care about Africa, actually. They committed themselves, especially the Boomer Generation ones in the U.S. and Britain, to a racist Malthusian global model. This is a fantasy that would just extent that murder. It's not happening. It's not even happening right now in Germany or China, which he lied about. Not to mention Covid. What does he have to say, NOW? We need a real New Deal. www.NewDealNow.org

[@robertlucero7794]

Africa needs hydroelectric power and nuclear power, period. That's what the continent has needed since the Atoms for Peace days and anyone who tells you different is either ignorant or a mass-murdering racist, the latter being someone like Rifkin. What a pig this guy is, so typical of his smug generation. Where's your reference to any of LaRouche's work, Mr. Rifkin, you fraud.

[@samuelluce8286]

Yes, it is imperative that dictatorships and corrupt systems around the world be destroyed.

[@alfyhot]

Great talk. No doubt about it. However there’s one thing I feel is missing in this analysis, (not surprising coming from Vice) and that is a critique of the US WAR ECONOMY. It kinda felt like the pink elephant in the room that nobody mentioned but danced around. Global warming is a huge threat but so is Americas bellicose behavior. War is probably the reason it’s the only major power lagging behind in investing in this third industrial revolution.

[@obakhanjones2869]

Alfredo L Good point, I heard nothing about colonialism, oppression, starvation, drug addiction, the gap of intelligence versus ignorance which are huge problems with empathy. All problems which are reinforcing our way of life.

[@GuerillaUnderground]

This is so true- Washington DC is planning for the apocalypse and by doing so may actually cause our worst fears to be realised.

[@mitchellmcnicol1344]

Obakhan Jones most issues with the economy and climate change are solved by what he said.

[@cavaleer]

This stooge is American and everything he's talking about is American. Americans don't have "bellicose behavior". If that were the case we would've conquered the whole damn planet in 1947. Nothing could've stopped us. No, We The People are notoriously ANTI-War. What we've had in the three wars since the Korean, is a Military Industrial Complex that wants and manufactures wars for profits. Our great POTUS Eisenhower warned us about it and JFK was killed because he was going to break it up. This is a problem common to great power. This bullshyt spewing from this guys mouth is a bad pitch for even MORE central government telling everyone wwhat to do. But they don't call it that. They call it "progress".

[@alfyhot]

Dont take shit so personally man. 1. I said "Americas" not "Americans" 2. Esihenhower, Roosevelt, JFK...They all invaded other countries unilaterally too, even after signing the Universal Declaration of Human Rights and forming the UN 3. The US has thousands of military bases in almost every country around the world and most of them come out of WWII. 4. The US Central Government is born out of elections and "Democracy" so, is that what you want less of?? Its so f'ing ironic how some people love to hate democracy when their side looses or they don't agree ideologically with the other person. Then suddenly freedom of speech is bullshit.

[@eddiearmenta5248]

This was one of the best documentaries I've ever seen. I feel it was a blessing and I'm looking forward to doing my part for the beneficial and productive third industrial revolution(Internet of Things and Digital Revolution). Have a goodnight everyone.

[@stumckhall]

I love this talk and I’ve listened to it many times. The only minor thing I’ll take issue with is the use of the term dark net. It’s used in the opposite sense of the reality. A fully encrypted dark net is possibly the only future way to keep out government and corporate influence.

[@justthetruth6197]

There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be. Learn to think for yourself! The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much. We, and our carbon "footprint" are just a fly on a camels back. If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci.... Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere. Sickness of mankind is becoming a thoughtless machine

[@BuzziMuzzi]

It's not a "fully encrypted dark net". It's called web3. Gosh, please don't just use random terms.

[@expat-riot]

Owning the weather. Man made nature

[@sylviapeterson1843]

Random tip: Watch long documentaries at 1.5x speed too cut the time in half. You can learn more from KZbin at half the time 😎

[@kelseyrichard2300]

Agree with many points here but agriculture could be part of mitigating/reversing the carbon emissions if managed properly. Nature has a nice way of fixing itself so instead of humans trying to control nature, we need to work with it.

[@d1ndark25]

I believe one of the major reasons behind restructuring agriculture has to due with the imminent phosphorus crisis/shortage.

[@nonyabizness.original]

he didn't name agriculture as the second worst carbon impact on the planet. he said meat. 70% of all cropland grows food for food animals, not people. as he said, 23% of all arable land is used for cows.

[@DerPoto]

At around 1:23:00 he talks about his "Internet of things" and about China's Belt and Road initiative. But does his vision not require an open society with freedom of expression? In other words, how can Europe and China cooperate in that manner if China has a great firewall blocking unwanted content, seperating itself from the rest of the world?

[@What-zb9ju]

Perhaps China needs more time to further develop internally before opening it's doors to the rest of the world. Shutting itself out is a defensive stance seen in every type of warfare. And this warfare is very real as Trump has shown the world (Trump hasnt really done anything new, american intelligence operations have always been more aggressive than any other country on this planet). Ironically, this new direction the world is taking leans closer towards the communist ethos of sharing and equity. While the world's most prominant democracy seems to be significantly shaken by the coronavirus, the more socialistic countries are coming out quicker and with a less impactful fallout. Hive mindset vs a more narcissistic (personal rights, freedoms etc above others).... very interesting times.

[@myherocamus8847]

Good point.

[@griindtiime9]

So the challenges China faces embracing free expression and democratization of commerce is analogous to the hurdles America faces in letting go of a top-down power structure and allowing some levels of cooperative economics. China is likely to clamp down on free thought and label it as disloyalty and the US labels anything other than toxic capitalism as socialism. The truth is, the ideal system incorporates elements of both because they are both necessary.

[@What-zb9ju]

@@griindtiime9 Yin or Yang dominance flows in cycles. The strong aggressive ego-led energies of yang dominance is starting to ebb away in place of the more hive-minded yin dominance it seems. Everything moves in cycles 🤔

[@gusjohnson1908]

Maybe. But beware anti-Chinese propaganda. KZbin and Facebook censor too. The elites are threatened by a rising independent China. We are not.

[@OldBoans]

I may have just watched the best talk about the human race and the sum of all its parts ever in my lifetime.. Makes me wish I could live to see it but I'll be gone. Best of luck I hope this vision works out.