1
00:00:10,679 --> 00:00:13,593
You know, I've covered business
and technology here in the

2
00:00:13,593 --> 00:00:17,370
Seattle region for more than
25 years, and the industry is

3
00:00:17,370 --> 00:00:22,140
really not always good at
remembering what came before.

4
00:00:22,140 --> 00:00:25,036
You know, tech people, I
can tell you firsthand,

5
00:00:25,036 --> 00:00:27,500
tend to treat every
few years as the start

6
00:00:27,500 --> 00:00:28,178
of something new.

7
00:00:28,178 --> 00:00:30,359
We're in the middle of
one of those right now.

8
00:00:30,359 --> 00:00:34,015
But if you take a step back and
look at the long-term patterns,

9
00:00:34,015 --> 00:00:37,597
you can start to see what really
matters in the institutions

10
00:00:37,597 --> 00:00:40,823
and the people and the
traditions that fuel long-term

11
00:00:40,823 --> 00:00:42,399
innovation and progress.

12
00:00:42,399 --> 00:00:45,228
So joining me now are two
people who've spent their

13
00:00:45,228 --> 00:00:48,060
careers focused on that
history and these issues.

14
00:00:48,060 --> 00:00:51,401
Historian Margaret O'Mara of
the University of Washington

15
00:00:51,401 --> 00:00:54,140
writes about technology
and American politics.

16
00:00:54,140 --> 00:00:57,651
Her book, The Code, is the
definitive history of Silicon

17
00:00:57,651 --> 00:01:01,161
Valley, which distinguishes
itself in part, this book,

18
00:01:01,161 --> 00:01:04,075
for documenting the role
of the government and

19
00:01:04,075 --> 00:01:07,587
universities in a story that's
usually told through the

20
00:01:07,587 --> 00:01:09,379
lens of geniuses in garages.

21
00:01:11,060 --> 00:01:13,265
Computer scientist Ed
Lazowska has been a

22
00:01:13,265 --> 00:01:16,099
fixture at what is now the
University of Washington's

23
00:01:16,099 --> 00:01:20,358
Allen School of Computer Science
and Engineering since 1977.

24
00:01:20,358 --> 00:01:22,938
He's had a hand in most
of what's happened there

25
00:01:22,938 --> 00:01:24,459
over the past five decades.

26
00:01:24,459 --> 00:01:26,319
All the good stuff,
at least, Ed.

27
00:01:29,620 --> 00:01:32,058
So we're going to have a
conversation, the three of us,

28
00:01:32,058 --> 00:01:35,218
about how the Seattle region
and Washington State became

29
00:01:35,218 --> 00:01:38,159
a center of technology
as a prelude to where it

30
00:01:38,159 --> 00:01:39,438
could be headed next.

31
00:01:39,438 --> 00:01:41,358
A big welcome to
Ed and Margaret.

32
00:01:48,500 --> 00:01:51,608
So we're switching
over here to the lab.

33
00:01:51,608 --> 00:01:54,343
So Ed and Margaret,
so take us back.

34
00:01:54,343 --> 00:01:55,917
When you look at

35
00:01:55,917 --> 00:01:59,658
Washington State's history,
what is it about our region

36
00:01:59,658 --> 00:02:02,542
and the Seattle region in
particular that has created

37
00:02:02,542 --> 00:02:04,120
this climate for innovation?

38
00:02:04,120 --> 00:02:07,540
Because it feels like we've
got something special here

39
00:02:07,540 --> 00:02:09,377
in a lot of ways if
we don't screw it up.

40
00:02:10,818 --> 00:02:12,318
How do we get to this place?

41
00:02:12,318 --> 00:02:14,340
- The first thing I wanna
say is lunch was delicious.

42
00:02:14,340 --> 00:02:16,280
It's too bad that you were
standing in the corner

43
00:02:16,280 --> 00:02:19,360
while we were enjoying it,
but we appreciate that.

44
00:02:19,360 --> 00:02:22,098
You know, I'm gonna
say a few words

45
00:02:22,098 --> 00:02:23,685
it's about the University
of Washington.

46
00:02:23,685 --> 00:02:24,954
Of course, Margaret
and I will say

47
00:02:24,954 --> 00:02:25,812
more about that later.

48
00:02:25,812 --> 00:02:26,961
I think it does have to do

49
00:02:26,961 --> 00:02:27,484
with tech.

50
00:02:27,484 --> 00:02:28,354
We'll get to that.

51
00:02:28,354 --> 00:02:30,500
But, you know, the
University of Washington

52
00:02:30,500 --> 00:02:33,829
was founded in 1861 when
there were 200 people

53
00:02:33,829 --> 00:02:35,668
living in Seattle, okay?

54
00:02:35,668 --> 00:02:40,173
The state of Washington had
existed for eight years at

55
00:02:40,173 --> 00:02:41,163
that time.

56
00:02:41,163 --> 00:02:45,680
The university was built
on, I guess, Denny Knoll

57
00:02:45,680 --> 00:02:47,173
here in downtown Seattle.

58
00:02:47,173 --> 00:02:48,461
There are photos of it.

59
00:02:48,461 --> 00:02:51,667
It's this building with
these four beautiful white

60
00:02:51,667 --> 00:02:55,360
columns, this big multi-story
wood building with a sea

61
00:02:55,360 --> 00:02:56,693
of mud around it.

62
00:02:56,693 --> 00:02:57,931
Okay, just mud.

63
00:02:57,931 --> 00:03:01,460
And the first president
of the University of

64
00:03:01,460 --> 00:03:03,961
Washington, Asa Shinn Mercer,
was chosen because he was

65
00:03:03,961 --> 00:03:06,513
the only guy in Washington
territory who

66
00:03:06,513 --> 00:03:07,620
had a college degree.

67
00:03:08,740 --> 00:03:12,560
And so, to me, that just
speaks of a certain audacity

68
00:03:12,560 --> 00:03:15,460
that this region has always had.

69
00:03:15,460 --> 00:03:18,680
And I think we have carried
that innovation forward.

70
00:03:18,680 --> 00:03:19,900
Margaret's, of course,
the historian,

71
00:03:19,900 --> 00:03:21,699
so knows more about
this than I do.

72
00:03:21,699 --> 00:03:23,180
- No, I think, yes and.

73
00:03:23,180 --> 00:03:25,300
I think, you know, when
we look at sort of

74
00:03:25,300 --> 00:03:29,280
the key ingredients of
innovative places through time,

75
00:03:29,280 --> 00:03:32,240
tech and otherwise, they're
sort of some core things.

76
00:03:32,240 --> 00:03:37,098
One is capital resources, and
that's taken different forms

77
00:03:37,098 --> 00:03:39,217
here in Seattle in
different generations,

78
00:03:39,217 --> 00:03:40,960
both public and private.

79
00:03:40,960 --> 00:03:44,419
It's also institutions, places
where people can get together

80
00:03:44,419 --> 00:03:46,699
and learn and play
around with ideas

81
00:03:46,699 --> 00:03:48,538
and innovate and
generate things,

82
00:03:48,538 --> 00:03:50,437
and universities
in the modern era,

83
00:03:50,437 --> 00:03:52,680
like our university,
are one of them.

84
00:03:52,680 --> 00:03:55,060
And the other is kind
of quality of place

85
00:03:55,060 --> 00:03:57,740
and something that draws
people in and sticks them

86
00:03:57,740 --> 00:04:00,104
here and I think one of
the things that also is a

87
00:04:00,104 --> 00:04:03,060
commonality really key factor
that's been in Seattle from

88
00:04:03,060 --> 00:04:04,883
the very beginning it's
been a crossroads of

89
00:04:04,883 --> 00:04:07,763
people from around the
world it's been a place

90
00:04:07,763 --> 00:04:12,060
that has been as much as of
sea as of land right where

91
00:04:12,060 --> 00:04:14,104
people of different
cultures and different

92
00:04:14,104 --> 00:04:17,809
nations have come together
collided, collaborated, and

93
00:04:17,809 --> 00:04:20,439
people are constantly moving.

94
00:04:20,439 --> 00:04:22,800
So I like to think of
the Pacific Northwest

95
00:04:22,800 --> 00:04:25,259
as kind of far
away and close to.

96
00:04:25,259 --> 00:04:28,800
It's a place that has a very
distinctive regional character,

97
00:04:28,800 --> 00:04:31,278
but also has always
been deeply connected

98
00:04:31,278 --> 00:04:33,420
to the rest of the world,
both across the Pacific Rim

99
00:04:33,420 --> 00:04:35,399
and also across North America.

100
00:04:35,399 --> 00:04:36,959
- The other thing I'd
say is that innovators

101
00:04:36,959 --> 00:04:38,800
attract other
innovators, all right?

102
00:04:38,800 --> 00:04:40,439
And that's really important.

103
00:04:40,439 --> 00:04:42,420
And that's the old Richard
Florida thing, right?

104
00:04:42,420 --> 00:04:46,259
But if you think about
our history in music,

105
00:04:46,259 --> 00:04:51,884
from Quincy Jones to Macklemore,
or art with Dale Chihuly

106
00:04:51,884 --> 00:04:56,355
and Jacob Lawrence, on
and on and on, creative,

107
00:04:56,355 --> 00:04:58,838
distinctive retail,
Nordstrom and REI.

108
00:04:58,838 --> 00:05:00,660
Nobody knows Costco
is from Washington.

109
00:05:02,160 --> 00:05:06,240
And all of these distinctive,
innovative characteristics.

110
00:05:06,240 --> 00:05:09,579
And of course, that
spills into technology.

111
00:05:09,579 --> 00:05:12,548
If you think about, you
know, Todd pointed out that

112
00:05:12,548 --> 00:05:15,660
desktop publishing is from
the state of Washington.

113
00:05:15,660 --> 00:05:18,459
You know, the software industry
is from the state of Washington.

114
00:05:19,639 --> 00:05:22,120
E-tail, Amazon is from
the state of Washington.

115
00:05:22,120 --> 00:05:24,519
Cloud computing, commercial
cloud computing is from

116
00:05:24,519 --> 00:05:25,639
the state of Washington.

117
00:05:25,639 --> 00:05:29,600
But, you know, biomedical
technologies are from the state

118
00:05:29,600 --> 00:05:31,620
of Washington as well, right?

119
00:05:31,620 --> 00:05:34,795
Home dialysis, for
example, is from here.

120
00:05:34,795 --> 00:05:36,519
Medic One is from here.

121
00:05:36,519 --> 00:05:37,699
On and on and on.

122
00:05:37,699 --> 00:05:41,382
This innovation goes
back so many years and

123
00:05:41,382 --> 00:05:43,019
in so many sectors.

124
00:05:43,019 --> 00:05:45,084
So bring that up to
the current day.

125
00:05:45,084 --> 00:05:46,721
When you look at our current

126
00:05:46,721 --> 00:05:50,035
leadership in information
technology.

127
00:05:50,035 --> 00:05:53,461
How does that history that
you're talking about there

128
00:05:53,461 --> 00:05:55,060
get to where we are today?

129
00:05:56,699 --> 00:06:00,170
Well, you know, the question
is what are the important

130
00:06:00,170 --> 00:06:01,250
factors, right?

131
00:06:01,250 --> 00:06:03,795
And obviously there's
a long history of

132
00:06:03,795 --> 00:06:05,800
engineering innovation here.

133
00:06:05,800 --> 00:06:08,802
Boeing goes back a long way
and I think Paul Brainerd

134
00:06:08,802 --> 00:06:11,290
and at least Jeremy Jaech
and some others had been

135
00:06:11,290 --> 00:06:13,579
at Boeing at some point in
their career on the way to

136
00:06:13,579 --> 00:06:16,064
PageMaker. But by the way
when we think of desktop

137
00:06:16,064 --> 00:06:19,105
publishing you heard about
Paul Brainerd he was a CEO

138
00:06:19,105 --> 00:06:22,240
but somebody had to build
the stuff and his one of

139
00:06:22,240 --> 00:06:24,966
his other co-founders Jeremy
Jaech is an alum of our

140
00:06:24,966 --> 00:06:28,473
department we'll talk more
about that later, but the

141
00:06:28,473 --> 00:06:32,579
folks who actually engineer the
systems tend to be folks from

142
00:06:32,579 --> 00:06:34,180
technical backgrounds.

143
00:06:34,180 --> 00:06:38,031
You know, I think the most
important thing that's happened

144
00:06:38,031 --> 00:06:41,235
here is that Paul Allen and
Bill Gates moved back here

145
00:06:41,235 --> 00:06:42,980
from Albuquerque, New Mexico.

146
00:06:42,980 --> 00:06:44,480
And why Albuquerque?

147
00:06:44,480 --> 00:06:49,793
You may remember that Paul was
working for Honeywell in Boston,

148
00:06:49,793 --> 00:06:52,300
and Bill was going to Harvard.

149
00:06:52,300 --> 00:06:56,384
And Paul saw the first kit
microcomputer on the cover of

150
00:06:56,384 --> 00:07:00,468
a magazine and went running
to Bill in his dorm and said,

151
00:07:00,468 --> 00:07:04,819
you know, we're going to miss
this train if we don't act now.

152
00:07:04,819 --> 00:07:07,740
And that machine was
the Altair MITS.

153
00:07:07,740 --> 00:07:11,889
and the Altair MITS was,
the company was located in

154
00:07:11,889 --> 00:07:14,062
Albuquerque, New Mexico.

155
00:07:14,062 --> 00:07:15,502
So Paul initially moved to

156
00:07:15,502 --> 00:07:18,300
Albuquerque. There's a famous
story of him, let me say

157
00:07:18,300 --> 00:07:20,783
what they did was to
build an interpreter for

158
00:07:20,783 --> 00:07:24,536
the BASIC programming
language, okay, that ran on

159
00:07:24,536 --> 00:07:27,764
the Intel
processor in the MITS.

160
00:07:27,764 --> 00:07:30,987
And flying down on
the plane to demonstrate

161
00:07:30,987 --> 00:07:34,480
this to the guy who had founded
MITS, Paul realized that they

162
00:07:34,480 --> 00:07:36,812
didn't have a bootstrap loader.

163
00:07:36,812 --> 00:07:40,439
So he wrote that on a placemat
on the plane and keyed

164
00:07:40,439 --> 00:07:43,165
it into the MITS machine when
he got there so they could

165
00:07:43,165 --> 00:07:46,100
load the paper tape that had
their interpreter on it.

166
00:07:46,100 --> 00:07:47,937
But that's how they wound up in

167
00:07:47,937 --> 00:07:52,233
Albuquerque. But importantly,
not just were they from Seattle,

168
00:07:52,233 --> 00:07:56,519
but they got their technology
chops at the Lakeside School,

169
00:07:56,519 --> 00:08:00,319
among other things,
poaching time on computers

170
00:08:00,319 --> 00:08:04,120
in my department at a UW
startup called Computer

171
00:08:04,120 --> 00:08:05,444
Center Corporation.

172
00:08:05,444 --> 00:08:07,800
One of the most
charming things is when

173
00:08:07,800 --> 00:08:09,639
Paul, now eight years ago, was

174
00:08:10,680 --> 00:08:13,365
announcing the donation
that named the Paul G.

175
00:08:13,365 --> 00:08:15,019
Allen School where I work, he

176
00:08:15,019 --> 00:08:18,932
pulled out of his pocket
a letter from 1971 sent

177
00:08:18,932 --> 00:08:22,485
by a now deceased faculty
member in our department,

178
00:08:22,485 --> 00:08:25,379
Hellmut Golde, that written
to Paul that ordered him

179
00:08:25,379 --> 00:08:28,540
and his Lakeside friends
to turn in their keys for

180
00:08:28,540 --> 00:08:30,160
a set of transgressions.

181
00:08:30,160 --> 00:08:32,893
And the astonishing thing is
that Paul is a 16-year-old

182
00:08:32,893 --> 00:08:37,177
who had the presence of mind to
save this letter and then be

183
00:08:37,177 --> 00:08:40,100
able to find it 40 years later.

184
00:08:40,100 --> 00:08:42,873
You shared a copy of that
letter with me, and I share

185
00:08:42,873 --> 00:08:45,475
that with my UW students,
and they get great

186
00:08:45,475 --> 00:08:47,177
delight from that story.

187
00:08:47,177 --> 00:08:48,940
Well, they bore no grudges.

188
00:08:48,940 --> 00:08:51,884
But the point is they got
their start here in Seattle,

189
00:08:51,884 --> 00:08:56,100
connected to the university,
and they returned here and...

190
00:08:56,100 --> 00:08:58,100
And I would say
they returned here

191
00:08:58,100 --> 00:09:01,620
because Albuquerque doesn't have
a University of Washington.

192
00:09:01,620 --> 00:09:04,440
It has a lot of Los
Alamos, you know,

193
00:09:04,440 --> 00:09:06,600
nuclear engineers
and physicists,

194
00:09:06,600 --> 00:09:10,038
but they came up here
because they knew

195
00:09:10,038 --> 00:09:12,120
it was one place
outside of California

196
00:09:12,120 --> 00:09:15,460
where they could get talent
or they could attract talent.

197
00:09:15,460 --> 00:09:16,820
I don't know if this
is an apocryphal story,

198
00:09:16,820 --> 00:09:18,600
but I did read once
that Paul said,

199
00:09:18,600 --> 00:09:20,440
well, it rains all the time,
so people will just stay

200
00:09:20,440 --> 00:09:21,340
in and work all the time.

201
00:09:21,340 --> 00:09:22,200
- I've heard the same story.

202
00:09:23,557 --> 00:09:27,120
- But that was a
real, that's not,

203
00:09:27,120 --> 00:09:29,798
when I first moved
here 22 years ago,

204
00:09:29,798 --> 00:09:32,120
people would sort of say,
oh, well, we just have tech,

205
00:09:32,120 --> 00:09:33,980
we have what we have
because Bill Boeing

206
00:09:33,980 --> 00:09:35,000
and Bill Gates are from here.

207
00:09:35,000 --> 00:09:37,057
And I thought, well,
that's kind of selling

208
00:09:37,057 --> 00:09:38,038
this joint short.

209
00:09:39,200 --> 00:09:43,980
There are reasons that these
companies thrived here

210
00:09:43,980 --> 00:09:46,677
and grew, not simply because
the accident of birth

211
00:09:46,677 --> 00:09:49,460
of certain people
being from here.

212
00:09:49,460 --> 00:09:51,240
So I'd phrase that
a different way.

213
00:09:51,240 --> 00:09:54,899
I think that has been
our region's strategy.

214
00:09:54,899 --> 00:09:57,663
Our region's strategy is
Bill Boeing moved here,

215
00:09:57,663 --> 00:10:00,360
Bill Gates was born here, and
it's a nice place to live

216
00:10:00,360 --> 00:10:01,700
and we haven't screwed it up.

217
00:10:01,700 --> 00:10:04,200
And we need a better
strategy than that.

218
00:10:05,460 --> 00:10:09,480
And there is a group led by Brad
Smith and Chris Gregoire now

219
00:10:09,480 --> 00:10:14,745
who are trying to jiggle
the region into coming up with

220
00:10:14,745 --> 00:10:17,158
a strategy for the future.

221
00:10:17,158 --> 00:10:20,817
Bill Gates, Sr. began
this with the Technology

222
00:10:20,817 --> 00:10:22,600
Alliance back in 1995.

223
00:10:22,600 --> 00:10:24,658
By the way, Todd, I think,
neglected to mention

224
00:10:24,658 --> 00:10:26,720
that Paul Brainerd, I
believe, was the founder

225
00:10:26,720 --> 00:10:29,649
of what was the Washington
Software Association

226
00:10:29,649 --> 00:10:30,580
and is now WTIA.

227
00:10:30,580 --> 00:10:36,460
So that was founded in
probably about 1985.

228
00:10:36,460 --> 00:10:41,019
And so these organizations have
played a very essential role.

229
00:10:41,019 --> 00:10:44,129
One topic that has not come
up yet, we think about

230
00:10:44,129 --> 00:10:48,100
software and aerospace, but
telecommunications and McCaw.

231
00:10:48,100 --> 00:10:51,167
I mean, it's interesting
how you see this snowball

232
00:10:51,167 --> 00:10:54,379
effect happen in all sorts
of different industries.

233
00:10:54,379 --> 00:10:58,360
So how did we end up with
T-Mobile here, for example?

234
00:10:59,399 --> 00:11:02,700
Well, importantly,
what happened was

235
00:11:02,700 --> 00:11:06,899
Craig McCaw started acquiring
small wireless companies

236
00:11:06,899 --> 00:11:09,658
and wireless bandwidth
in a very visionary way.

237
00:11:09,658 --> 00:11:11,700
And again, you probably
know this better than I do.

238
00:11:11,700 --> 00:11:16,200
But I think then John
Stanton got involved

239
00:11:16,200 --> 00:11:18,658
in other wireless companies.

240
00:11:18,658 --> 00:11:23,282
But the birth of modern wireless
cell phone communication

241
00:11:23,282 --> 00:11:26,820
is McCaw Cellular, which
was acquired by AT&amp;T

242
00:11:26,820 --> 00:11:28,658
and became AT&amp;T Wireless.

243
00:11:28,658 --> 00:11:30,081
So we did that.

244
00:11:30,081 --> 00:11:31,740
We did software.

245
00:11:31,740 --> 00:11:33,600
And that's a Pacific
Northwest story, too.

246
00:11:33,600 --> 00:11:36,394
It's a story when we think
about the Pacific West as

247
00:11:36,394 --> 00:11:37,860
why is tech growing there.

248
00:11:37,860 --> 00:11:40,989
This specialization in
communicating wirelessly over

249
00:11:40,989 --> 00:11:44,149
long distances is kind of handy
when you're far away from

250
00:11:44,149 --> 00:11:47,143
traditional communications
infrastructure, when

251
00:11:47,143 --> 00:11:49,798
sea to land communication
is really important.

252
00:11:49,798 --> 00:11:53,682
So we have these really deep
roots in terms of what the

253
00:11:53,682 --> 00:11:57,638
expertise is, and it may be very
different types of engineering,

254
00:11:57,638 --> 00:12:00,600
different types of technology,
much earlier generations,

255
00:12:00,600 --> 00:12:03,091
but there are these really
interesting strands of

256
00:12:03,091 --> 00:12:04,340
DNA that follow through.

257
00:12:04,340 --> 00:12:06,538
Why is Seattle special?

258
00:12:06,538 --> 00:12:09,158
Why does aerospace
grow in Seattle?

259
00:12:09,158 --> 00:12:14,365
Why do miniaturized electronics
and communication devices

260
00:12:14,365 --> 00:12:16,100
grow in the Bay Area?

261
00:12:16,100 --> 00:12:20,278
Those have very, very deep roots
that go far beyond this modern.

262
00:12:20,278 --> 00:12:24,322
And it has to do with the
region and the necessity

263
00:12:24,322 --> 00:12:28,566
of other industries and
other people being able to

264
00:12:28,566 --> 00:12:33,820
communicate and do business in
this relatively remote place.

265
00:12:33,820 --> 00:12:36,634
And yet, even when we're
talking about something like

266
00:12:36,634 --> 00:12:39,580
a cell phone and the wireless
infrastructure behind it,

267
00:12:39,580 --> 00:12:42,596
Seattle, the knock is we're
known for the plumbing,

268
00:12:42,596 --> 00:12:43,860
the infrastructure.

269
00:12:43,860 --> 00:12:47,802
Even when it came to this
modern era, we're thought

270
00:12:47,802 --> 00:12:49,399
about for the cloud.

271
00:12:49,399 --> 00:12:52,720
And I think that is one of
the reasons that Seattle

272
00:12:52,720 --> 00:12:55,995
tends to get overlooked
when you think about

273
00:12:55,995 --> 00:12:58,038
that West Coast tech hub.

274
00:12:58,038 --> 00:13:01,220
How would you compare us to
San Francisco in that regard?

275
00:13:01,220 --> 00:13:02,740
And are there lessons
to be learned?

276
00:13:02,740 --> 00:13:05,692
Or are we in a better
position because we're more

277
00:13:05,692 --> 00:13:08,720
focused on the infrastructure
as a tech economy?

278
00:13:08,720 --> 00:13:09,759
Or am I totally wrong?

279
00:13:09,759 --> 00:13:11,080
I can see it in your eyes.

280
00:13:11,080 --> 00:13:14,600
I mean, the infrastructure is
maybe not as, you know, maybe

281
00:13:14,600 --> 00:13:17,980
we're not always as flashy as
those folks in California.

282
00:13:17,980 --> 00:13:21,365
But, I mean, I do see, you
know, this has always been

283
00:13:21,365 --> 00:13:23,139
a big company town, right?

284
00:13:23,139 --> 00:13:25,960
We go back to timber,
to airplanes.

285
00:13:25,960 --> 00:13:29,283
You know, we've had these big
dominant, that has kind of

286
00:13:29,283 --> 00:13:33,038
been the corporate temperament
of this place and this region.

287
00:13:33,038 --> 00:13:36,696
And that has a lot of
reasons ecological

288
00:13:36,696 --> 00:13:40,918
economic financial all sorts
of things whereas it you

289
00:13:40,918 --> 00:13:44,677
know some what grew up in
the valley in Silicon

290
00:13:44,677 --> 00:13:47,951
Valley starting the 60s
with the semiconductor

291
00:13:47,951 --> 00:13:50,197
industry was which
originally the first

292
00:13:50,197 --> 00:13:52,177
electronics companies
in the valley were big

293
00:13:52,177 --> 00:13:54,519
companies that were
headquartered elsewhere

294
00:13:54,519 --> 00:13:57,230
Lockheed now Lockheed
Martin But Lockheed was the

295
00:13:57,230 --> 00:14:00,375
biggest employer in Silicon
Valley from the mid-50s

296
00:14:00,375 --> 00:14:03,220
when it started there until
the end of the Cold War.

297
00:14:03,220 --> 00:14:05,643
It was doing defense business,
so it was mostly top secret,

298
00:14:05,643 --> 00:14:08,312
so people weren't on the
cover of Forbes and Fortune,

299
00:14:08,312 --> 00:14:11,177
so it was a little more
below the radar screen.

300
00:14:11,177 --> 00:14:13,864
So there's a big company story
there too, but this kind of

301
00:14:13,864 --> 00:14:17,094
start-up, you know, why is
there a start-up, you know,

302
00:14:17,094 --> 00:14:21,298
there are more start-ups in the
Valley than there are here,

303
00:14:21,298 --> 00:14:23,514
partially has to do with
the nature of the business

304
00:14:23,514 --> 00:14:26,114
building small electronics
rather than big airplanes

305
00:14:26,114 --> 00:14:28,538
back in the day and also
the growth of the venture

306
00:14:28,538 --> 00:14:31,427
capital industry from the
1950s forward that just

307
00:14:31,427 --> 00:14:34,268
created this critical mass
and as Ed and I were talking

308
00:14:34,268 --> 00:14:36,639
about before lunch if you
have a start-up and you're

309
00:14:36,639 --> 00:14:39,509
based here in Seattle you
can just get on a plane to

310
00:14:39,509 --> 00:14:42,581
San Jose or San Francisco
and you can do a day trip

311
00:14:42,581 --> 00:14:45,700
and raise money or the
VCs can come here and so

312
00:14:45,700 --> 00:14:49,041
that's part of thinking about
the symbiosis between the two

313
00:14:49,041 --> 00:14:52,379
places is a really important way
to understand the Seattle and

314
00:14:52,379 --> 00:14:54,177
the Washington State tech story.

315
00:14:54,177 --> 00:14:58,028
It isn't, you know, this isn't
necessarily we're competitive,

316
00:14:58,028 --> 00:15:01,221
sure, and we're different,
sure, but we're also very

317
00:15:01,221 --> 00:15:04,778
much part of the same broader
western regional ecosystem.

318
00:15:04,778 --> 00:15:05,840
So two other comments.

319
00:15:05,840 --> 00:15:08,581
One is that for better or
worse, many of our startups

320
00:15:08,581 --> 00:15:10,177
in many sectors get acquired.

321
00:15:10,177 --> 00:15:13,711
That's been sort of the bane
of our existence in biotech,

322
00:15:13,711 --> 00:15:17,320
right, which is a Seattle
biotech company gets acquired.

323
00:15:17,320 --> 00:15:20,570
Eventually, its lab gets shut
down and moved to California,

324
00:15:20,570 --> 00:15:23,557
and Expedia occupies the
space down on the waterfront.

325
00:15:23,557 --> 00:15:27,278
It's lovely these days, but
nonetheless, it's not biotech.

326
00:15:27,278 --> 00:15:29,750
You know, out of my department,
several companies have

327
00:15:29,750 --> 00:15:30,879
been acquired by Google.

328
00:15:30,879 --> 00:15:33,783
Several companies have
been acquired by Apple,

329
00:15:33,783 --> 00:15:35,240
of course by Microsoft.

330
00:15:35,240 --> 00:15:37,658
So I think that's
an issue for sure.

331
00:15:37,658 --> 00:15:41,658
Another is that we are
just so damned modest.

332
00:15:41,658 --> 00:15:43,720
We don't tell our story.

333
00:15:43,720 --> 00:15:47,057
And I think that's
a serious problem.

334
00:15:47,057 --> 00:15:50,884
That is, this region is so
aw shucks about ourselves

335
00:15:50,884 --> 00:15:54,798
and honestly doom and gloom
about ourselves as well.

336
00:15:54,798 --> 00:15:57,966
You know, there was a, we
were discussing earlier

337
00:15:57,966 --> 00:16:01,519
today this recent study by,
I forget who it was, Oxford,

338
00:16:01,519 --> 00:16:05,590
somebody that ranked
Seattle as the fourth among

339
00:16:05,590 --> 00:16:09,658
world cities after Paris
and New York and London.

340
00:16:09,658 --> 00:16:13,057
Now, look, all these
surveys are nonsense.

341
00:16:13,057 --> 00:16:16,519
I say this as someone in part
of the University of Washington

342
00:16:16,519 --> 00:16:18,320
that's very well ranked
in these surveys.

343
00:16:18,320 --> 00:16:22,220
But on the other hand, you know,
if you asked anyone in Seattle

344
00:16:22,220 --> 00:16:24,340
where Seattle ranks
among world cities,

345
00:16:24,340 --> 00:16:26,677
they would say, well, you
know, kind of with Cleveland.

346
00:16:28,580 --> 00:16:31,798
You know, this is crazy.

347
00:16:31,798 --> 00:16:34,460
We should do a better job
of branding ourselves,

348
00:16:34,460 --> 00:16:38,798
which would in turn help us
attract and retain workforce.

349
00:16:38,798 --> 00:16:39,918
Seattle rocks, as they say.

350
00:16:39,918 --> 00:16:41,100
Seattle rocks.

351
00:16:41,100 --> 00:16:41,980
Seattle rocks.

352
00:16:41,980 --> 00:16:44,720
So you're both obviously at
the University of Washington.

353
00:16:44,720 --> 00:16:47,596
Can you talk about the
role of the university,

354
00:16:47,596 --> 00:16:51,100
of a research institution,
in these fundamental

355
00:16:51,100 --> 00:16:54,620
underpinnings of the
innovation economy?

356
00:16:54,620 --> 00:16:56,720
Why don't you talk about the
general role of universities?

357
00:16:56,720 --> 00:16:59,254
Well, the general role of
universities, you know, one

358
00:16:59,254 --> 00:17:01,738
of the things we focus often
a lot when it comes to tech

359
00:17:01,738 --> 00:17:04,327
on tech transfer, the idea
of, oh, something's created

360
00:17:04,327 --> 00:17:06,700
in a university lab and
then it's commercialized.

361
00:17:06,700 --> 00:17:09,659
And that absolutely is
part of the story, 100%.

362
00:17:09,660 --> 00:17:13,361
But when I look at Silicon
Valley, when I look at here,

363
00:17:13,361 --> 00:17:17,481
when I look at Boston, any place
that has become a hub of tech

364
00:17:17,481 --> 00:17:19,837
activity, it's about the people.

365
00:17:19,837 --> 00:17:21,880
It's a story of people.

366
00:17:21,880 --> 00:17:24,746
Yes, it's also a story of
technology, but it's about the

367
00:17:24,746 --> 00:17:27,553
people that are educated at
the University of Washington,

368
00:17:27,553 --> 00:17:30,140
the people that teach at the
University of Washington, the

369
00:17:30,140 --> 00:17:33,297
connections that are forged
there, the particular

370
00:17:33,297 --> 00:17:35,940
sensibility, the type
of attitude towards

371
00:17:35,940 --> 00:17:39,787
technology, sort of a
tech-forward attitude within the

372
00:17:39,787 --> 00:17:43,136
university that then
percolates It's out.

373
00:17:43,140 --> 00:17:47,136
And so, and then that's people
who are not only computer

374
00:17:47,136 --> 00:17:49,400
scientists, but also historians

375
00:17:50,538 --> 00:17:52,740
and all sorts of
other disciplines.

376
00:17:52,740 --> 00:17:55,480
Yes, history majors.

377
00:17:55,480 --> 00:17:59,864
And that is this ecosystem
when we look at, you know,

378
00:17:59,864 --> 00:18:03,577
Stanford is obviously people are
like, what's Stanford secret?

379
00:18:03,577 --> 00:18:05,357
I'm like, just look
at the people.

380
00:18:05,357 --> 00:18:08,069
It's not, you know, it
wasn't that Hewlett and

381
00:18:08,069 --> 00:18:11,499
Packard invented something
and then commercialized it.

382
00:18:11,500 --> 00:18:14,256
They went to grad school
at Stanford and their grad

383
00:18:14,256 --> 00:18:17,210
advisor persuaded them to
come back and get in a garage

384
00:18:17,210 --> 00:18:18,719
and start a company in 1939.

385
00:18:18,720 --> 00:18:20,259
And that was Hewlett Packard.

386
00:18:20,259 --> 00:18:23,419
So that's, I think, emphasis.

387
00:18:23,420 --> 00:18:27,298
Let's not forget, tech does
matter, but people matter a lot.

388
00:18:27,298 --> 00:18:31,211
So while I deeply admire
my historian colleagues,

389
00:18:31,211 --> 00:18:35,220
let me talk about tech
graduates for a second, okay?

390
00:18:35,220 --> 00:18:38,146
You know, first of all, there's
the rank and file, and I mean

391
00:18:38,146 --> 00:18:40,900
that in a positive sense, not
a pejorative sense, okay?

392
00:18:40,900 --> 00:18:44,259
Amazon hired more than 100
of our graduates last year.

393
00:18:44,259 --> 00:18:45,596
You hear all this
stuff about layoffs.

394
00:18:45,597 --> 00:18:47,140
They hired 100 last year.

395
00:18:47,140 --> 00:18:50,038
They hired, this most
recent year, they hired

396
00:18:50,038 --> 00:18:51,720
100 the year before, okay?

397
00:18:51,720 --> 00:18:55,337
Microsoft always hires large
numbers of our graduates.

398
00:18:55,337 --> 00:19:00,573
But if you scroll back decades,
a little-known story is

399
00:19:00,573 --> 00:19:03,160
that IBM was considering
two operating systems

400
00:19:03,160 --> 00:19:08,028
for its IBM PC in 1981, and
both of them were written by

401
00:19:08,028 --> 00:19:10,140
UW computer science graduates.

402
00:19:10,140 --> 00:19:12,634
The one they didn't
come to terms with was

403
00:19:12,634 --> 00:19:15,278
written by Gary Kildall, who
had moved to California.

404
00:19:15,278 --> 00:19:19,921
He was the Naval Postgraduate
School and formed a

405
00:19:19,921 --> 00:19:21,959
company in Monterey.

406
00:19:21,960 --> 00:19:23,856
They did not come
to terms with Gary.

407
00:19:23,857 --> 00:19:25,077
It's a complicated story.

408
00:19:25,077 --> 00:19:27,981
So they came to terms with
Microsoft, which didn't actually

409
00:19:27,981 --> 00:19:29,836
have an operating
system at the time.

410
00:19:29,837 --> 00:19:33,130
So they bought for, I
believe, $50,000, $25,000,

411
00:19:33,130 --> 00:19:36,337
some small amount of
money, an operating system

412
00:19:37,400 --> 00:19:40,709
originally called QDOS, which
stood for Quick and Dirty

413
00:19:40,709 --> 00:19:43,670
Operating System, written
by Tim , who

414
00:19:43,670 --> 00:19:44,660
was an alum of ours.

415
00:19:44,660 --> 00:19:49,039
So whichever operating system
IBM chose for its PC, it was

416
00:19:49,039 --> 00:19:52,480
going to be written by a UW
computer science graduate.

417
00:19:52,480 --> 00:19:55,900
And there's Jeremy Jaech,
who we talked about.

418
00:19:55,900 --> 00:19:59,903
And Rob Short is an alum of
ours who retired a few years

419
00:19:59,903 --> 00:20:04,199
ago as the head of core systems
technology at Microsoft.

420
00:20:04,200 --> 00:20:06,778
Jeff Dean has been for
20 plus years at Google.

421
00:20:06,778 --> 00:20:09,516
He's responsible for the
vast amount of Google's

422
00:20:09,516 --> 00:20:12,116
core infrastructure that
really allowed them

423
00:20:12,117 --> 00:20:12,896
to scale.

424
00:20:12,900 --> 00:20:15,963
And he and three colleagues
left a couple of weeks ago to

425
00:20:15,963 --> 00:20:18,788
found a new company focused
on machine learning for

426
00:20:18,788 --> 00:20:20,077
scientific discovery.

427
00:20:20,077 --> 00:20:23,038
It was immediately valued at
tens of billions of dollars.

428
00:20:23,038 --> 00:20:24,920
It's just four guys.

429
00:20:24,920 --> 00:20:27,749
You know, Paul Mikesell
is a recent alum of

430
00:20:27,749 --> 00:20:30,740
ours who co-founded
Isilon, now owned by EMC

431
00:20:30,740 --> 00:20:33,798
in Pioneer Square, but
now he's in farming.

432
00:20:33,798 --> 00:20:37,540
So he has a company that builds
a laser weeding device, which

433
00:20:37,540 --> 00:20:39,636
plays into two important trends.

434
00:20:39,640 --> 00:20:42,393
One is the desire for
organic farming, and

435
00:20:42,393 --> 00:20:45,538
the other, honestly, is
the lack of inexpensive

436
00:20:45,538 --> 00:20:47,240
labor to pull weeds.

437
00:20:47,240 --> 00:20:50,124
So he's sold hundreds
of these million-dollar

438
00:20:50,124 --> 00:20:51,900
machines all over the world.

439
00:20:51,900 --> 00:20:55,538
So these are important
contributions.

440
00:20:55,538 --> 00:20:58,432
The one other thing I'd say is
Margaret often talks about the

441
00:20:58,432 --> 00:21:00,759
importance of the University
of Washington as a

442
00:21:00,759 --> 00:21:01,759
public university.

443
00:21:02,778 --> 00:21:07,652
And I think we are doing
better at that in the past 10

444
00:21:07,652 --> 00:21:11,857
years than we did in the 10 or
20 or 30 years before that.

445
00:21:11,857 --> 00:21:15,106
And I give our past
president, Ana Mari Cauce,

446
00:21:15,106 --> 00:21:16,817
a lot of credit for that.

447
00:21:16,817 --> 00:21:19,718
I think we spent many
years trying to become

448
00:21:19,718 --> 00:21:23,019
a major national and
international university,

449
00:21:23,019 --> 00:21:25,597
and we forgot we were the
University of Washington.

450
00:21:25,597 --> 00:21:26,576
Computer science didn't.

451
00:21:26,577 --> 00:21:28,375
We were always, we grew up
with the tech industry,

452
00:21:28,375 --> 00:21:29,117
so we're connected.

453
00:21:29,117 --> 00:21:32,178
But I think the university as
a whole lost track of that,

454
00:21:32,178 --> 00:21:33,837
and Ana Mari restored that.

455
00:21:33,837 --> 00:21:37,759
And you saw in the room across
the way the material for the

456
00:21:37,759 --> 00:21:40,857
Welcome Center, which will
be named for Ana Mari.

457
00:21:40,857 --> 00:21:43,526
But the important thing
also is that it connects

458
00:21:43,526 --> 00:21:44,659
us to the community.

459
00:21:44,659 --> 00:21:47,421
I've also been involved
in the renovation of the

460
00:21:47,421 --> 00:21:50,317
ASUW Shell House, the Boys
in the Boat Shell House.

461
00:21:50,317 --> 00:21:56,544
And this is a very
powerful story told by

462
00:21:56,544 --> 00:21:59,940
the movie, of course.

463
00:21:59,940 --> 00:22:03,605
But Brad Smith and Brad and his
wife Kathy led the fundraising

464
00:22:03,605 --> 00:22:06,700
for the Shell House with a
$5 million contribution.

465
00:22:06,700 --> 00:22:10,625
But it's symbolic of what this
region can do, regular people

466
00:22:10,625 --> 00:22:14,317
pulling together towards a
common goal and believing in

467
00:22:14,317 --> 00:22:16,519
each other and working together.

468
00:22:16,519 --> 00:22:19,173
And I think that's what the
University of Washington

469
00:22:19,173 --> 00:22:20,317
aspires to these days.

470
00:22:20,317 --> 00:22:23,181
we can be both the University
of and for Washington

471
00:22:23,181 --> 00:22:26,180
and a major national and
international university.

472
00:22:26,180 --> 00:22:27,278
Yeah, yeah.

473
00:22:27,278 --> 00:22:34,171
And in a time, you know, one
of the core, what's core to

474
00:22:34,171 --> 00:22:39,585
the Silicon Valley origin story
is that it was growing at

475
00:22:39,585 --> 00:22:42,308
this moment of extraordinary,
what I call an escalator

476
00:22:42,308 --> 00:22:44,689
of upward mobility, where
kids from very little

477
00:22:44,689 --> 00:22:47,424
means who were passionate
about engineering could get

478
00:22:47,424 --> 00:22:50,403
all these opportunities to get
educated and have great jobs

479
00:22:50,403 --> 00:22:53,380
because of the Cold War and all
the spending on electronics.

480
00:22:53,380 --> 00:22:56,035
And I think UW as a public
university, it is one

481
00:22:56,035 --> 00:22:59,317
of those last remaining
escalators of upward mobility.

482
00:22:59,317 --> 00:23:02,336
There are a lot of our
undergraduates, you know, we

483
00:23:02,336 --> 00:23:05,930
are educating kids in the state
of Washington, you know, who

484
00:23:05,930 --> 00:23:09,307
are, you know, coming, who
are first generation college

485
00:23:09,307 --> 00:23:13,115
students who are coming into a
world class research university

486
00:23:13,115 --> 00:23:16,778
with opportunities to do all
sorts of extraordinary things.

487
00:23:16,778 --> 00:23:20,356
And that is sadly
vanishingly rare.

488
00:23:20,356 --> 00:23:23,636
And we really do need to cherish
and celebrate and acknowledge

489
00:23:23,636 --> 00:23:25,278
that that's going on every day.

490
00:23:25,278 --> 00:23:28,778
If I remember what I heard the
president say last weekend,

491
00:23:28,778 --> 00:23:31,827
more than a quarter of UW's
incoming freshman class

492
00:23:31,827 --> 00:23:34,739
of 7,500 students this
year is first generation.

493
00:23:34,739 --> 00:23:36,259
That's really remarkable.

494
00:23:36,259 --> 00:23:38,376
And they are all from
the state of Washington.

495
00:23:38,376 --> 00:23:39,979
From the state of Washington.

496
00:23:39,979 --> 00:23:41,959
You threw me off for a
moment there when you

497
00:23:41,959 --> 00:23:43,788
said the president,
because the president

498
00:23:43,788 --> 00:23:44,519
would have said SI.

499
00:23:45,616 --> 00:23:47,400
The other president
would have said SI.

500
00:23:47,400 --> 00:23:48,680
And I do want to say, you know.

501
00:23:48,680 --> 00:23:49,419
Please not to mention that.

502
00:23:51,096 --> 00:23:54,880
I do want to say, Amazon hired
the engineers and laid off the

503
00:23:54,880 --> 00:23:57,038
journalists and the historians.

504
00:23:58,759 --> 00:24:00,380
I've been holding that
in for five minutes.

505
00:24:03,356 --> 00:24:06,979
All right, so now that gets
us to where we are today.

506
00:24:06,979 --> 00:24:09,298
So where are we headed next?

507
00:24:09,298 --> 00:24:13,259
when you look at this innovation
economy at Washington State,

508
00:24:13,259 --> 00:24:15,317
think about this moment in time.

509
00:24:15,317 --> 00:24:18,875
I mean, I can tell you it is
a remarkable moment in time

510
00:24:18,875 --> 00:24:22,836
in ways both fascinating and
a little bit scary sometimes.

511
00:24:22,836 --> 00:24:24,557
Where are we headed next?

512
00:24:26,739 --> 00:24:29,259
Don't ask the historian
to make predictions.

513
00:24:30,557 --> 00:24:32,180
You only look backwards.

514
00:24:32,180 --> 00:24:33,636
Well, yeah.

515
00:24:33,636 --> 00:24:34,636
So let me see.

516
00:24:34,636 --> 00:24:37,885
You know, I think, first of
all, we have to preserve

517
00:24:37,885 --> 00:24:39,278
what we've got, okay?

518
00:24:39,278 --> 00:24:41,508
What we've got is a
vibrant city, which we

519
00:24:41,508 --> 00:24:42,817
should take credit for.

520
00:24:42,817 --> 00:24:47,384
And I think, you know, it's
important as we cry in our beer

521
00:24:47,384 --> 00:24:51,660
to remember the South Lake
Union of 30 or 40 years ago.

522
00:24:51,660 --> 00:24:54,876
I was involved in the Seattle
Commons effort when there

523
00:24:54,876 --> 00:24:57,959
was nothing down there
except one-story warehouses

524
00:24:57,959 --> 00:25:00,616
with the windows busted
out and parking lots.

525
00:25:00,616 --> 00:25:03,102
And when they first built
the South Lake Union

526
00:25:03,102 --> 00:25:06,237
streetcar, it was called the
Westlake to Hooters Express

527
00:25:06,237 --> 00:25:07,739
because there was nothing.

528
00:25:07,739 --> 00:25:12,317
I bought a Ride the S.L.U.T.
T-shirt for my kids back then.

529
00:25:12,317 --> 00:25:14,837
There was nothing at South
Lake Union except a Hooters.

530
00:25:14,837 --> 00:25:17,258
And there was no one on the
streetcar except drunken

531
00:25:17,258 --> 00:25:20,239
businessmen going back and forth
from the Westlake to Hooters.

532
00:25:20,239 --> 00:25:21,179
- Some things haven't changed.

533
00:25:21,179 --> 00:25:23,836
- Right, okay.

534
00:25:23,836 --> 00:25:27,919
So, you know, we have to think
about how things have changed.

535
00:25:27,919 --> 00:25:30,097
Now, I think in
terms of technology,

536
00:25:30,097 --> 00:25:33,048
we have lots of opportunities,
for example, in

537
00:25:33,048 --> 00:25:34,239
artificial intelligence.

538
00:25:34,239 --> 00:25:37,876
If you think about the expertise
at Amazon and Microsoft

539
00:25:37,876 --> 00:25:40,506
and the Allen Institute
for AI and the University

540
00:25:40,506 --> 00:25:42,373
of Washington, we have a serious

541
00:25:42,373 --> 00:25:43,759
role to play in AI.

542
00:25:43,759 --> 00:25:45,576
We own the cloud.

543
00:25:45,576 --> 00:25:48,959
We have a lot of potential
in neuroscience.

544
00:25:48,959 --> 00:25:51,660
We have a lot of potential
in synthetic biology,

545
00:25:51,660 --> 00:25:53,636
the sort of work David
Baker and his crew do,

546
00:25:53,636 --> 00:25:58,419
and also the Allen Institute for
Brain Science, Cell Science,

547
00:25:58,419 --> 00:26:00,919
that is the non-AI
Allen Institute.

548
00:26:00,919 --> 00:26:03,227
So there are a set of areas
in which we can lead,

549
00:26:03,227 --> 00:26:04,440
space technology.

550
00:26:04,440 --> 00:26:06,519
And I think an important
thing we have to do is,

551
00:26:06,519 --> 00:26:08,259
first of all, preserve
what we've got,

552
00:26:08,259 --> 00:26:13,798
and secondly, honestly, think
about the business climate.

553
00:26:13,798 --> 00:26:17,173
I'm a person who never
voted against any tax

554
00:26:17,173 --> 00:26:19,239
initiative on the ballot.

555
00:26:19,239 --> 00:26:20,298
Charge me more, that's okay.

556
00:26:20,298 --> 00:26:22,538
I can afford it and I feel
I owe it to the region,

557
00:26:22,538 --> 00:26:25,604
but the fact is that the
climate has been pretty

558
00:26:25,604 --> 00:26:29,116
hostile to business in
recent years in this area.

559
00:26:29,116 --> 00:26:36,336
And I think that we
need to tackle that.

560
00:26:36,336 --> 00:26:39,576
That is, we need to telegraph
that we want innovation.

561
00:26:39,576 --> 00:26:41,798
We want to be an
innovative region

562
00:26:41,798 --> 00:26:43,959
without losing
anything we've got.

563
00:26:43,959 --> 00:26:46,817
So you do that in a way
that preserves and enhances

564
00:26:46,817 --> 00:26:50,679
the natural beauty, that
raises everyone up.

565
00:26:50,679 --> 00:26:53,538
And when I think
about a change that

566
00:26:53,538 --> 00:26:56,759
has been brought to the
Washington Tech Industry

567
00:26:56,759 --> 00:27:00,077
Association in the past decade,
it's the clear recognition

568
00:27:00,077 --> 00:27:03,519
that tech needs to help
raise everyone up.

569
00:27:03,519 --> 00:27:06,597
You need a strong tech industry
in a thriving community.

570
00:27:06,597 --> 00:27:08,896
And you can't have one
without the other.

571
00:27:09,999 --> 00:27:11,116
What does history teach us here?

572
00:27:11,116 --> 00:27:12,317
What does history teach us?

573
00:27:12,317 --> 00:27:16,557
Well, yeah, that we should never
take prosperity for granted.

574
00:27:16,557 --> 00:27:20,019
Every company becomes
a dinosaur one day.

575
00:27:20,019 --> 00:27:22,603
Detroit was once the
most innovative city in

576
00:27:22,603 --> 00:27:23,999
the world a century ago.

577
00:27:25,219 --> 00:27:26,459
Still a lot of
innovation going on.

578
00:27:26,459 --> 00:27:26,896
Sorry, Detroit.

579
00:27:26,896 --> 00:27:30,919
But what we think is
these things come and go.

580
00:27:30,919 --> 00:27:35,134
I think what I reflect on a
lot now is how this AI moment

581
00:27:35,134 --> 00:27:39,160
is actually reminding us a
lot of the importance of

582
00:27:39,160 --> 00:27:41,460
what humans do and the human.

583
00:27:41,460 --> 00:27:45,661
And what I care a lot about
is, I think, what Seattle and

584
00:27:45,661 --> 00:27:50,236
Washington's advantage is, is
this, you know, the culture

585
00:27:50,236 --> 00:27:54,434
here that has, you know, I
think it is really important

586
00:27:54,434 --> 00:27:58,355
that this continues to be
a hub of technology and of

587
00:27:58,355 --> 00:28:02,836
where AI is, and shaping what
this AI moment is going to be.

588
00:28:02,836 --> 00:28:06,759
And reminding us of the
importance of human flourishing

589
00:28:06,759 --> 00:28:10,122
and creating a place that,
making sure that this is a

590
00:28:10,122 --> 00:28:14,538
place where people can come,
where they feel they can stay,

591
00:28:14,538 --> 00:28:19,219
succeed, create, that it's
fun, that it's accessible,

592
00:28:19,219 --> 00:28:24,113
that it is a place where we
are not just ceding this

593
00:28:24,113 --> 00:28:28,346
to the forces of commerce,
but actually keeping

594
00:28:28,346 --> 00:28:29,778
the human central.

595
00:28:29,778 --> 00:28:32,804
Well, I think creativity
in art, in music, in

596
00:28:32,804 --> 00:28:35,959
retail, in technology,
they all go hand in hand.

597
00:28:35,959 --> 00:28:38,200
We need them all, and we
have to reinforce them all.

598
00:28:38,200 --> 00:28:41,683
And keep Seattle a
creative and innovative

599
00:28:41,683 --> 00:28:43,719
place across all fields.

600
00:28:43,719 --> 00:28:44,317
That's right.

601
00:28:44,317 --> 00:28:46,278
That's what we have.

602
00:28:46,278 --> 00:28:48,356
Well, I think that's
a great place to end.

603
00:28:48,356 --> 00:28:50,199
Ed Lazowska and
Margaret O'Mara,

604
00:28:50,199 --> 00:28:52,117
thank you very much for
joining us here today.

605
00:28:52,117 --> 00:28:52,939
Thank you.

606
00:28:52,939 --> 00:28:53,278
Thank you.

