The speaker argues that the major threat to humanity in this century, similar to the 20th century, is bad ideas revolving around the notion of scarcity leading to conflicts. Wars like World War I and II were not caused by climate change, resource exhaustion, or overpopulation but by the idea of limited resources, leading to the belief that war is inevitable. Tyrants rely on this idea to justify their rule, making it crucial to address and overcome these bad ideas to prevent widespread conflict and ensure a peaceful future for humanity.

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