This may seem obvious to anybody studying in Stanford or anybody in Silicon Valley. But in fact, people use the term innovation so often and now use the term change, in fact, so often that many people actually tune out to it. It becomes a sound byte. It becomes something that we take for granted. That innovation just is going to happen, especially here in Silicon Valley, that it will continue to happen. But I want to first make the point that we shouldn’t take it for granted because innovation really, really matters. It matters now actually more than ever in, certainly, my lifetime and certainly in the average lifetime of the people sitting in this room in that it is innovation that drives the economy. Every economic cycle that we've had in this country has been driven by something like the Internet, or the cell phone, or the discovery of DNA. But it also influences the quality of our life, whether it is from healthcare, to being entertained. It's innovation that drives that quality. But more, as important as either of those two things, as we all know we're faced with some major, major challenges today as a country and as a planet. And what be it energy-dependence or independence and climate change, be it healthcare, be it our standing in the world, we have no hope of addressing any of these issues unless innovation is thriving in this country. So why do I go through this whole thing? You could be sitting there saying, "Okay, yes, innovation matters." It doesn't just happen. And the fact of the matter is that I believe that over the last couple of decades, in fact, the support for innovation in this country has actually been in a slow decline but a slow decline that became much more rapid over the last eight years. And I'll talk a little bit more about the national issues at the end of my talk. And the reason is that we've become incredibly short-term focused. We've become very short-term focused and actually more risk-averse. As we become short-ter...