Tech elites are heading for a 'big backlash' (Tim O'Reilly, author, 'WTF?')

O’Reilly Media founder Tim O’Reilly talks with Recode’s Kara Swisher about his new book, “WTF? What’s the Future and Why It’s Up to Us.” O'Reilly argues that society could be headed for either the good type of “WTF” — one of amazement — or the bad type, one of dismay. Avoiding the latter, O’Reilly says, will mean dramatically rethinking politics, finance and employment; today's prevailing philosophy of profit-above-all-else could be setting the world up for a period of “war and revolution and great instability.” He also talks about why, even though tech companies are easy to demonize in Washington, the bigger villain may be Wall Street.