WEBVTT a72e9f2d-e841-467f-89d1-651adb4895d4-0 00:00:00.080 --> 00:00:01.760 Rich, thank you so much for joining us. 7fbf5dde-a3d3-4f21-afe1-eb2efbc42369-0 00:00:02.040 --> 00:00:04.720 Tell us about the importance of international cooperation. b2e0bf22-57b7-4be8-baf9-66f285a774d8-0 00:00:05.880 --> 00:00:07.040 Well, it's great to be here. eed229f7-1c45-4ca0-89f5-68e1fb6f22ae-0 00:00:07.040 --> 00:00:09.765 And I think honestly, international cooperation is eed229f7-1c45-4ca0-89f5-68e1fb6f22ae-1 00:00:09.765 --> 00:00:13.185 something that matters to all of us, to all of our families, to eed229f7-1c45-4ca0-89f5-68e1fb6f22ae-2 00:00:13.185 --> 00:00:13.880 our children. 21b27ed4-895e-419a-a187-ef262db6d73f-0 00:00:14.200 --> 00:00:17.141 If you think about it, we have just lived through a global 21b27ed4-895e-419a-a187-ef262db6d73f-1 00:00:17.141 --> 00:00:19.833 pandemic where international cooperation on health is 21b27ed4-895e-419a-a187-ef262db6d73f-2 00:00:19.833 --> 00:00:20.880 incredibly important. 408b159a-18c3-4f87-a032-fcb6acb8e481-0 00:00:20.880 --> 00:00:25.590 We live in a world with lots of conflict right now, with weapons 408b159a-18c3-4f87-a032-fcb6acb8e481-1 00:00:25.590 --> 00:00:27.040 of mass destruction. 200fc3ac-8de4-4455-aa4b-56717a717ea5-0 00:00:27.080 --> 00:00:30.360 Peace is fundamentally important to all of us. bd3698d9-4b08-4fb8-9822-d672d8303fa8-0 00:00:30.600 --> 00:00:34.013 Trade, international trade and cooperation has helped raise and bd3698d9-4b08-4fb8-9822-d672d8303fa8-1 00:00:34.013 --> 00:00:37.160 grow the economies around the world and actually literally bd3698d9-4b08-4fb8-9822-d672d8303fa8-2 00:00:37.160 --> 00:00:39.400 lifted billions of people out of poverty. ad5a301c-a581-49a7-ab6d-60a4fb9c6ace-0 00:00:39.640 --> 00:00:43.373 Continuing to be able to have that network is just an ad5a301c-a581-49a7-ab6d-60a4fb9c6ace-1 00:00:43.373 --> 00:00:45.240 incredibly important thing. a75f6d60-f0f9-46ef-b299-950c7e841b8c-0 00:00:45.440 --> 00:00:47.560 And then we're actually facing new challenges right now. dad0e94a-1173-4623-8944-f7a2aea88ff1-0 00:00:47.560 --> 00:00:51.709 So for example, think about GenAI and the explosion of AI: dad0e94a-1173-4623-8944-f7a2aea88ff1-1 00:00:51.709 --> 00:00:55.508 that has the chance to both transform and help all of dad0e94a-1173-4623-8944-f7a2aea88ff1-2 00:00:55.508 --> 00:01:00.079 humanity; it also has some real risk depending on where it goes. 3907b0df-d13f-4079-8c0b-5a05b206efe0-0 00:01:00.080 --> 00:01:03.325 And so again, that's an international challenge where 3907b0df-d13f-4079-8c0b-5a05b206efe0-1 00:01:03.325 --> 00:01:06.870 businesses, for example, would love to have one regulatory 3907b0df-d13f-4079-8c0b-5a05b206efe0-2 00:01:06.870 --> 00:01:10.596 framework for AI, rather than patchworks that make it so much 3907b0df-d13f-4079-8c0b-5a05b206efe0-3 00:01:10.596 --> 00:01:12.520 harder to work around the world. ddd69ea2-2957-49d6-80c3-94217b6e7886-0 00:01:12.840 --> 00:01:14.948 And so international cooperation, I think, is ddd69ea2-2957-49d6-80c3-94217b6e7886-1 00:01:14.948 --> 00:01:17.653 something that matters to us all, but I think sometimes we ddd69ea2-2957-49d6-80c3-94217b6e7886-2 00:01:17.653 --> 00:01:18.800 also take it for granted. 66cb1399-0822-42a4-810d-d28c7602da13-0 00:01:18.800 --> 00:01:19.880 It's a little bit like health. 6e19d604-3606-4983-99c1-d792df98eaa6-0 00:01:20.320 --> 00:01:23.880 You don't know how important it is until you don't have it. aa2d24c9-da93-4ad6-a31e-2d503fa369fe-0 00:01:24.400 --> 00:01:27.493 So how do we approach this in both emerging and developed aa2d24c9-da93-4ad6-a31e-2d503fa369fe-1 00:01:27.493 --> 00:01:27.920 markets? 923acbb6-874e-482a-9040-d4dd631c6afe-0 00:01:29.080 --> 00:01:32.833 Well, so look, I think one of the things that's clear is that 923acbb6-874e-482a-9040-d4dd631c6afe-1 00:01:32.833 --> 00:01:36.466 needs are really different around the world, as well as the 923acbb6-874e-482a-9040-d4dd631c6afe-2 00:01:36.466 --> 00:01:37.920 capacity to make change. f0c9798f-1bbf-434f-848c-1e3a8b75d19a-0 00:01:37.920 --> 00:01:41.545 And so I think, you know, as we think about international f0c9798f-1bbf-434f-848c-1e3a8b75d19a-1 00:01:41.545 --> 00:01:45.296 cooperation and some of the core challenges, whether that's f0c9798f-1bbf-434f-848c-1e3a8b75d19a-2 00:01:45.296 --> 00:01:48.296 economic development or addressing climate, the f0c9798f-1bbf-434f-848c-1e3a8b75d19a-3 00:01:48.296 --> 00:01:51.984 responsibility for the Global North to do things like make f0c9798f-1bbf-434f-848c-1e3a8b75d19a-4 00:01:51.984 --> 00:01:55.735 technology available to all, to put in place digital public f0c9798f-1bbf-434f-848c-1e3a8b75d19a-5 00:01:55.735 --> 00:01:59.173 goods that are available to the Global South and those f0c9798f-1bbf-434f-848c-1e3a8b75d19a-6 00:01:59.173 --> 00:02:02.673 countries, to help create financing mechanisms that can f0c9798f-1bbf-434f-848c-1e3a8b75d19a-7 00:02:02.673 --> 00:02:06.424 create the funding models to invest in economic development f0c9798f-1bbf-434f-848c-1e3a8b75d19a-8 00:02:06.424 --> 00:02:10.174 around the world—especially the Global South—are incredibly f0c9798f-1bbf-434f-848c-1e3a8b75d19a-9 00:02:10.174 --> 00:02:10.799 important. 2fd7e65f-89fb-4416-8ea2-48e3c27e6783-0 00:02:11.600 --> 00:02:12.880 So how do we get there? 82baccc5-3006-4c8b-b8a8-b8094ba7ec0c-0 00:02:12.880 --> 00:02:13.920 What actions are needed? f04df0ff-7d88-4195-9230-3fb7f555b76f-0 00:02:14.480 --> 00:02:18.022 Well, so the truth of the matter is the number of actions needed f04df0ff-7d88-4195-9230-3fb7f555b76f-1 00:02:18.022 --> 00:02:21.347 is probably too many to put in our interview and discussion, f04df0ff-7d88-4195-9230-3fb7f555b76f-2 00:02:21.347 --> 00:02:23.800 but a few that I think are really important. 0d972156-0677-4c05-b63c-d5cd38fabb9c-0 00:02:24.720 --> 00:02:27.978 One is there's always a question of how do you get the money to 0d972156-0677-4c05-b63c-d5cd38fabb9c-1 00:02:27.978 --> 00:02:30.320 achieve the goals the world wants to achieve. 552f9b15-127d-47f1-8ebc-f595452acd15-0 00:02:30.640 --> 00:02:34.486 And I think there are some great innovations around finance and 552f9b15-127d-47f1-8ebc-f595452acd15-1 00:02:34.486 --> 00:02:38.091 how to put multiple types of finance—blended finance is the 552f9b15-127d-47f1-8ebc-f595452acd15-2 00:02:38.091 --> 00:02:42.057 typical term that's used—so that the financing we need to achieve 552f9b15-127d-47f1-8ebc-f595452acd15-3 00:02:42.057 --> 00:02:43.440 these goals can happen. 3694f387-0723-4240-a587-61f683808b11-0 00:02:44.360 --> 00:02:48.906 I do think there are public and private partnerships that are 3694f387-0723-4240-a587-61f683808b11-1 00:02:48.906 --> 00:02:50.520 just really important. 6651ac8b-7ca3-40c3-a06d-6e0cb960cd7b-0 00:02:50.520 --> 00:02:53.953 The private sector has an amazing role to play in not 6651ac8b-7ca3-40c3-a06d-6e0cb960cd7b-1 00:02:53.953 --> 00:02:57.832 necessarily setting what the goals for the world are, but it 6651ac8b-7ca3-40c3-a06d-6e0cb960cd7b-2 00:02:57.832 --> 00:03:01.393 is the most powerful force when you have private sector 6651ac8b-7ca3-40c3-a06d-6e0cb960cd7b-3 00:03:01.393 --> 00:03:05.400 companies, to be able to scale and achieve goals like climate. 893d3ec7-549b-42fc-b1a8-bfa23f3471ad-0 00:03:05.920 --> 00:03:09.827 Or it also is, you know, often the group that in a topic like 893d3ec7-549b-42fc-b1a8-bfa23f3471ad-1 00:03:09.827 --> 00:03:13.797 technology and AI understands that topic the best and needs to 893d3ec7-549b-42fc-b1a8-bfa23f3471ad-2 00:03:13.797 --> 00:03:17.011 be able to help advise and support governments and 893d3ec7-549b-42fc-b1a8-bfa23f3471ad-3 00:03:17.011 --> 00:03:20.982 multinational institutions and what could work best as we work 893d3ec7-549b-42fc-b1a8-bfa23f3471ad-4 00:03:20.982 --> 00:03:23.439 towards sort of global societal goals. 23fd3a36-9418-40df-b4d9-7d6446c32b53-0 00:03:23.880 --> 00:03:24.680 Thank you so much.