and every time a condition, like ibm or ge starts a universi university, that's a failure of higher education. so to answer your question, society has done that by allowing the for-profits to flourish. society has answered the need by allowing, oh, you know, they don't need to be allowed to do it by the companies doing lifelong learning. now, if we don't do it, and we do it based on precisely getting people to be robot proof, that's our failure. and that's also our opportunity. >> all right. and i wanted to begin taking some questions from the audience. i'm sure there are many. yes, is there a -- why don't you give-- there a microphone that will come around? there you go. >> like many people in this room, i was taught by paul samuelson perhaps a central issue in economics is scarcity. and says that everything that is produced will be consumed and there's no concept of excess productability. i believe that ai and biotechnology have or will soon have these laws. how do we distribute purchasing power so that consumer choice determines what is produced and yet, we want to maintain incentives for