it s an advantage with a caution. if you compare it compared to the opposite in japan, i m very, very optimistic about the potential there. but as you know better than anyone, when you have a youth bulge that is unemployed or not working, this has other very interesting ramifications. what is important is, as more and more young people have access to technology, they have more and more opportunity to take initiative into their own hands and create things that are very, very powerful which ways i do not believe government or traditional business will absorb that bubble. another piece you see as very important is women. that this entrepreneurship is empowering women in societies that have many structural barriers to women s empowerment. yes, it s absolutely true. i ve seen studies that say from all the startup competitions i ve seen over there as many as 35% of these are women. mit had a great startup competition that they have in the arab world every year. last year over 40% were
and more young people have access to technology, they have more and more opportunity to take initiative into their own hands and create things that are very, very powerful which ways i do not believe government or traditional business will absorb that bubble. another piece you see as very important is women. that this entrepreneurship is empowering women in societies that have many structural barriers to women s empowerment. yes, it s absolutely true. i ve seen studies that say from all the startup competitions i ve seen over there as many as 35% of these are women. mit had a great startup competition that they have in the arab world every year. last year over 40% were women, which i can t find an event in silicon valley that can boast that. again, when you have technology, whether at home or out in the workplace, you have abilities to make things happen that you couldn t even five years ago. the other advantage the arab world has, a network effect. i think about one of the thing