i am in for emily chang, this is bloomberg technology. coming up in the next hour, the president vetoes the defense policy bill, saying it must section 230. lawmakers must decide whether to override that veto. we will have the latest.

top lawyer. we will hear from tony west on the aftermath of prop 22, plus, whether it uber drivers qualify as essential workers in mind for the covid-19 vaccine for the general public. planes, security cameras, ai, we have a read on consumer technologies expected to make a splash in 2021. moments, but u.s. stocks broke a three-day losing streak, even as uncertainty surrounded president trump's demands to changes for endemic relief legislation. abigail, president trump is vetoing the legislation and that's making a difference to anemic markets. manyver a dull day, so headlines with president trump into the close, as well as overnight thing he wants changes to the stimulus bill. i would argue that markets large a look passed the latest

headlines with president trump. it came out right around a quarter after three. into the close, a little bit of a lake blower. unclear if it has to do with president trump vetoing that bill and the uncertainty around that, or if it is just investors taking profits off the table into the close. a little bit of a mixed close. s&p 500 is up. the nasdaq is down. nasdaq 100 down half a percent. that really speaks to this years , most -- more so for the fourth quarter's reflationary trade with them hitting a new all-time high. this year, still hard for me to get my mind around it, but defenses what was off. you have the banks and the energy on it. take a look at the movers. jpmorgan is the top stock for the s&p 500. marathon oil up 7.9%. tesla is the worst sector down almost 1%.

microsoft is down 1.3%. stay-at-home stock, not a technology stocks but a telecom services stock, netflix is down 2.4%. investors are going away from safety and technology. speaking of tesla and electric tesla wasnd nikola, added to the s&p 500. people are getting past that idea. they lost the contract for electric trump trucks with investors dumping the stocks. we will continue speaking about electric vehicles. abigail doolittle, thank you for that. back to president trump's veto of the defense spending bill, it comes from his demand of the 1996 communication decency act. this is a legal shield used by many tech companies. with more on that and the big tv story this week and elon musk pursuing outreach to apple, dubai tesla, it is registering

to analysts. we had the announcement this week. apple has begins speaking about the car that is coming even though it is several years down the road, and then elon musk applied -- reply to a tweet about batteries and what might actually happen. you say that a partnership between the two might still be possible? >> my opinion for apple to dive into the deep end of the pool, ev's, it is likely to do a partnership or collaboration. tesla and vw are two top candidates. this is a trillion dollar market in terms of ev. it is something were apple is not going to be on the outside looking in. they are going to get into evs. i did not see them producing their own automobiles over the coming years. initially it starts with a partnership. i view apple and tesla as the perfect match. vonnie: how do you view elon musk's response to a tweet

saying he had approached tim cook who had not even taken a meeting when tesla was a 10th of the price it is now? >> i think it was a different story. when you go back 2013, 2014, i do believe in terms of apple, they have to pick the right partner in collaboration. tesla, in terms of the ev market, it's tesla's world and everybody else is paying rent. it is only 3% over automobiles. 10% at 2025. that is why right now, you are going to see every major tech player try to get a piece of the ev pie. it is similar to what they are doing in china. vonnie: how much difference does it make to the stock to be included in the s&p 500 in the medium-term? does it hold onto the gains it has made?

dan: not necessarily a start of a negative trend. it is a must in terms of profitability. the red ink in the rearview mirror. really, i think it legitimizes what tesla has done not just from growth but from profitability. going forward in terms of what we have seen in ev's, especially as they go after demand more and more in china, the s&p takes out a question mark as a name. you go back to early september, that was a head scratcher when they did not get into the s&p 500. you saw the parabolic run over the past 45 days. i still view it as a $1000 bull case on tesla. vonnie: a $1000 bull case, still. back to apple because we have the ev story this week and some analysts and investors are saying this is a 2025 or later story. some saying it could be a lot sooner.

you also have a general top 10 christmas list for apple investors. the ev, butude give us one or two more christmas -- christmas wishes. dan: for our christmas wish list, it is the super cycle. the iphone 12 five, we believe it is a real super cycle. it can be a 240, 2 hundred 50 -- 250 million units. that would be a record, surprising iphone 6. that is key to the stock. when you look at product in 2000 -- 2001, they finally unveil apple glasses. that is the technology that will be embedded in the classes. they announced that in 2021. a year from now, this is north of potentially $200 stock. that is the bull case. vonnie: once again, you maintain that we could see an apple car

when actually on the streets? dan: i believe on the streets, 2023. potentially 2024. i believe a partnership, laying the groundwork for that, we see that over the next year in terms of the strategic collaboration. vonnie: i want to mention section 230 and get your thoughts on where you think this fight might go. president trump vetoing the defense spending bill. he wanted to attach it to the defense measure, that provision to eliminate section 230 of the decency act. but that particular measure protects tech companies from liability on most content published by their users. does that happen? dan: item to get happens now. it does speak to more pressure on 230. it is going to be a ufc battle in the beltway about this. investors are viewing this as a contained risk, but it speaks to this broader topic where we are

going to see big tech versus the beltway. even with a biden administration coming in, that is going to be a theme, not just on potential breakup or just overall pressures, but you are seeing a lot of these tech giants. they are going to be spending a lot of time in the 202 area code. vonnie: we have the chairman of the armed services committee saying that president trump's complaints about tech liability could be addressed in different legislation. we do not know what the result of the georgia runoff will be, but for example, if republicans have more power, is it possible that it comes up soon within the first 100 days of a biden administration? dan: i think within the first 100 days, this is going to be a big topic because as we are seeing, not just from a tech perspective but from a consumer perspective, it is becoming more and more of a debate. 230 continues to be a

battleground. i think social media companies are watching this with a close eye. investors are watching it. this is the first step of a broader battle that we see between big tech and also the e.u., which to one extent has some sharper teeth when it comes to regulation. vonnie: investors getting a little antsy. definitely going to make 2021 a year to remember. dan, if you had to guess, when do you think it might become difficult for the tech companies in d.c.? they have had a couple months to take a breather. dan: as we start to get especially with the new congress, regulation is going to be more of a focus. you have the doj suit, which will make its way through court. the bigger question is, is it fines or business model tweaks? i can tell you, one thing having

a real impact, even today, is these tech companies, they cannot make acquisitions today. they continue to be hamstrung with a closer eye in terms of their business model changes. that is something that companies like microsoft could take advantage of because they are not necessarily handcuffed when it comes to any sort of beltway pressure. i can see microsoft getting a lot more aggressive going after some of the traditional names like amazon and google. vonnie: always a pleasure. very educational speaking with you. thank you dan ives of wedbush securities. prop 22 was a win for uber, but there are still traffic jams to maneuver for uber. next, we will discuss what legal issues are threatening the company's operating license. this is bloomberg. ♪ hope it doesn't cost too much.

i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. (announcer) do you washed pounds? stress? do you want to flatten your stomach? do all that in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you maintain comfortable, correct form. that means better results in less time. and there are over 20 exercises to choose from. get gym results at home. no expensive machines, no expensive memberships. go to aerotrainer.com to get yours now.

vonnie: the gig economy struggled in november when california passed prop 22. a law allowing companies such as uber, doordash and lyft to continue classifying workers as independent contractors. while this looks like a win for uber, the company is not out of the woods yet. the state of california is requesting the ride-hailing company to turn over information on witnesses to alleged incidents of sexual harassment and assault or risk losing their operating license. joining me to discuss is uber's chief legal officer, tony west. thank you for joining bloomberg technology this evening. vonnie.ank you, vonnie: why isn't it easier for

uber to comply with all of these state regulations and state laws? why fight this when it costs money, it costs time and ultimately you may have to hand over all this information anyway? tony: actually, we do comply and we do hand over information every year. it is really easy to simplify this issue as uber against a regulator. it is about protecting a survivor's right to consent and the right to privacy. it's also about not discouraging other companies from taking voluntary steps about their practices. it's only about being more transparent, and voluntarily so like uber has been in having strong conversations about things like sexual violence where you can make the platform safer. this is not about not wanting to turn over information, this is about turning over information but doing it in a way that protects survivors of sexual violence. vonnie: speaking of protection, california's coronavirus advisory council met to figure out a timeline for who should

get the virus, when, and so on. what is uber doing to advocate for its workers, emergency workers, for example, and when will they be in line? tony: one of the great things about the uber platform is it can be used to encourage the widespread adoption of the covid-19 vaccine. it is something we have been advocating for for a while now, that drivers and couriers who have been on the front lines, we wanted them to receive some kind of priority so they and their families can be protected. we were pleased to see over the weekend the cdc recommended drivers and couriers be treated as essential workers and have access to the vaccine behind health care workers and elderly individuals. we have committed 10 million free or discounted rides to ensure transportation is not a barrier to anyone getting the vaccine. we are kicking off this effort in partnership with the national urban league, the morehouse

school of medicine, these are organizations with the deep ties in communities of color, which as you know, has been disproportionately impacted by the pandemic. we are pleased to be a part of not only the economic recovery story but we want to be part of the health recovery stories. vonnie: for your employees, you mentioned the cdc had recommended these be classified as essential workers. have you advocated in any part on behalf of your own employees and do you have any answers from california as to when they might expect to get vaccinated? tony: just to clarify, it is not employees but for drivers and couriers. the hundreds and thousands of drivers and couriers who are on the platform. we were advocating for them to be treated as essential workers. we believe in terms of anybody else, we ought to wait our turn to get the vaccine. if you are on the front lines serving communities as drivers have been doing, delivering food

as couriers have been doing, we think that kind of heroic effort ought to put you in a priority category. as i said, the cdc has recommended those drivers and couriers be treated as essential workers and have access to the vaccine behind health care workers and elderly individuals. vonnie: how many coronavirus tests have you been providing to your drivers and couriers and how much have you spent on that effort? tony: we have spent an awful lot of money on the covid response. we were one of the first companies to step up back in march, as soon as it was clear that this pandemic was something that was widespread to make sure that drivers and couriers on the platform had easy access to telehealth services, to be able to get covid tests easily. we wanted to make sure they had ppe, personal protective equipment so they could continue

to do their job and earn at a time when there was widespread unemployment. people were being laid off. earners on the platform were able to continue to earn critical, crucial dollars to survive. in part because we were providing free of charge this personal protective equipment. you may have seen it -- i don't know if you have been in and uber lately but you may have seen the plastic barrier. we had a good partnership with clorox to provide sanitary wipes, gloves, things that would not only make sure riders felt safe whenever they trusted themselves to an uber, but that drivers felt safe continuing to work on the platform. vonnie: do you have a dollar amount you can share with us as to what that might have caused? -- cost? tony: i'm not going to share it here. it is part of the disclosure, i am sure we will make when we announce our quarterly earnings. vonnie: what are your plans for the next california legislative

session? i imagine your thrilled prop 22 is out of the way. what is next? tony: prop 22 is not the end. it is the beginning of a conversation about how we can improve and up the level of quality of independent work. one of the things that was absolutely clear in this election is that independent workers said, we reject the status quo. we do not believe we have to choose between the independence and flexibility that working on a platform like uber or other platforms provides. making a choice between doing that and the benefits and security one can get out of traditional employment. the ought to be able to have both. this is the 21st century. we ought to be able to provide both. that has been the aim of this whole conversation. prop 22 was one of the important milestones in that conversation where voters heard the voices of earners on the platform of

drivers and couriers on the platform saying, we want to choose independence, but we went -- but we want that independence to come with benefits. we are looking forward to doing even more to enhance the quality of independent work. vonnie: i have to ask you on a personal note, you have a relationship with the white house, the administration incoming. there are a couple of positions to be filled including attorney. -- attorney general. have you had any conversations? tony: no, i have not had any conversations at all about that. i will tell you this. all this speculation is definitely flattering but the reality -- it is flattering because i love the department of justice. i spent half my career there. i have a great deal of respect for the men and women who are career attorneys there, but the reality is president biden --

i have every confidence president-elect biden will be able to make the right decision , not only about that decision, but as we have seen drop the other cabinet positions he has filled, he has made the right decision not only for those departments but also for the country. i believe that will continue. vonnie: tony we will keep an i , out for any announcements now or in the future. tony west, thank you for joining us. tony west is chief legal officer at uber. coming up, we will be taking a look at the top tech trends and products to watch in the next year. that's next. this is bloomberg. ♪ every year, we set out to do one thing: help the world believe in holiday magic. and this year was harder than ever. and yet, somehow, you all found a way to pull it off.

it's not about the toys or the ornaments but about coming together. santa, santa, you're on mute! just wanted to say thanks. thanks for believing.

>> it was a huge year for gadgets with apple, amazon google, sony and others popping up some of their most popular

products today. 2021 is sure to be another strong year for the industry. virtual and augmented reality products are sure to take a leap with apple planning to announce its first mixed vr and ar headsets as early as the end of 2021. apple looked into great sci-fi level vr communication like zoom on steroids and immersive gaming on its first headset, a precursor to a future pair of glasses. apple is also developing several new macs for next year. custom chips that are designed to outpaced the highest parts from intel. new apple tv's and ipad pro with a new chip and i've found that integrate and in screen fingerprint sensor also in the cards. google will fully integrate quip it into the company next year. one could expect upgrades on the smartwatch side of the industry. look for the company to drive a bunch of new ai features and to continue its trend of pushing down the price of its pixel fines. a strategy that has proved

popular in recent months. microsoft is preparing new surface tablets and laptops. the company needs to decide how they can turn its surface duo, multiple tablet phone combo into a winning product. so far, reviews have been poor. amazon's home security is coming in the coming months. it is working to figure out more places it can jam alexa into people's lives. besides consumer gadgets, you can bet on bigger pushes across the tech landscape in artificial intelligence, machine learning, 5g connectivity and autonomous driving. given the pandemic's ongoing impacts into the new year, expect communication tools like zoom to grow with even more features and other companies stepping up to take on work from home technologies. ♪

vonnie: please is bloomberg technology technology. i am in for emily chang. soleil driven missiles, the way that countries attack each other has evolved over thousands of years as the latest of weapons are computers. they have sent shockwaves through the united states government and private sector. that much still remains unclear. joining me now for more insight is the managing director at the cyber readiness center. how concerned are you that beyond being cyber ready, we are

not at all cyber ready? in fact, many, many private agencies and companies have been hacked and continue to be at risk from this? >> this attack is concerning and we are still in the discovery phase of determining what has happened. it is far reaching. recently we heard somebody talk about the blast radius of this attack being far worst -- worse than anything we have seen. as we figure all of this out, we have to be prepared to know that the adversaries on our network, and while we are remediating, we have to be operating, and that puts us in a challenging position. vonnie: who is best positioned to get to the bottom of this? quick question because it's one of the emerging themes that has come from this event, which is the fact that the

answer is the public and private sector. the united states government, in collaboration with the industry has to do this together. not one sector or the other could do this by itself. one of the things i has been proved, as we see now, the private sector has actionable intelligence in cyberspace that government does not have, but toernment has the resources bear against government state activity. the response has to be done with industry governments collaboration. vonnie: that said, president tomp has not really seemed be very motivated by trying to get to the bottom of this. that the possible country waits until president biden has had his inauguration and is in office? and if so, how fast would he need to work? ersten: the president's silence has been deafening, but there are workers in the department of homeland security,

and a national security agency, the defense infrastructure within government that are working tirelessly on this. as well as industry. industry is working on this. it will help to have leadership on this issue. cybersecurity is a priority. the biden administration will come in knowing it is a priority. if there is a silver lining to , make nois, it's mistake, we have to put our resources together to focus on cybersecurity for the next year. for the future for the priority of the administration. vonnie: how much have we lost by now, how much is at risk of getting lost before this gets under control? it is another great question. the discovery phase is brought, and we are figuring out what has been lost, but more importantly, what is the intent? we are classifying this in some cases as espionage. this goes beyond espionage. with espionage right up to the point that malware on one of the

networks gets activated and seeks to destroy our critical infrastructure, i think that is one of the most challenging pieces of any cyber attack if you don't know the intent and it can be a long-term impact. we are still figuring all of that out. vonnie: what was it that determined that it was russia? now that we know presumably that it was, what do we know about the attacker? i think we are still confirming specifically that it's specific foreign hacking agency. g malicious hacker known as ap 29. we do this based on attack me, the techniques and procedures. one of the reasons why we could not detect it sooner is that the techniques and procedures were different than those used by the adversary before. we are collecting intelligence, certainly the experts who have been studying this adversary for years, everyone seems to believe

that it is this russian hacking group and i think as we look at this, it is important to understand how tactics can evolve and that we have to prepare for that which we have not expected. that is one of the key pieces to this event. vonnie: is there any doubt in your mind, or any of your peers or colleagues mind that this goes beyond just being mischief? that there is actual intelligence being gathered here? it goes beyondnk that this is just mischief. as we look at this type of attack, there is a recklessness to this, there is a broad reaching impacts, and it has critical infrastructure and specific agencies within government that have a lot of power and a lot of impact. as we look at this, the speculation is that this could be one of the most significant

cyberattacks on our government and in our infrastructure in modern history. vonnie: if those defending the u.s. against the attacks are vulnerable, what do we do next? is importantt right now is to recognize that no company, no sector can do this on its own. government and industry have to work together before something like this happens. what we talked about is a department of defense land called preevent planning. actionablee intelligence, connect the dots of what's being seen on the networks, and bring together all of the resources to determine what is happening so that we can be ahead of the adversary. we have to do a better job defending our networks. it is too easy for the adversaries to do what they are setting up to do. as we look to the next administration, as we look to the biden administration there , has to be an investment in our defense as well as our offense. it is not either or, we have to work on those together.

clearly, what this has shown in is that we have to focus on supply chain security. understand how to make our supply chains more secure and more resilient and bake security into our supply chain. vonnie: thank you very much. on thiskeep an eye particular story. that was managing director at the cyber readiness management institute. coming up, where the u.s. and the rest of the world stand in the rolling out of the much anticipated covid-19 vaccine. we will have the latest, this is bloomberg. ♪

vonnie: the u.s. now leads the world in covid-19 vaccine shot administered. the cdc says more than one million people have been inoculated in the 10 days since the first doses are cleared. within 2.6 million people in six what countries have received the shot. will the u.k. prime minister, -- more than 2.6 million people in six countries have received the shot. let's bring in our health care reporter. bob, thank you for joining. now we have several vaccines on the move as it were. does it mean we won't get our access to these vaccines any quicker? where is the timeline as was still intact? bob: right now, these vaccines are still in short supply. vaccinating nursing home residents.

goting home residents just going. i think they vaccinated people, in 230 facilities in the u.s. they hope to get up to 1000 next week. the are starting in the most vulnerable categories. the u.s. just signed a deal with fiber to access more doses of the vaccine. that was another 100 million doses. those won't be online until the second quarter and not fully done until july 31. supply is ramping up but right now, this is the very beginning of a long campaign to vaccinate lots and lots of people. and getting all of those shots in the arms will be very difficult and a complicated this -- distribution process. vonnie: this new 100 million doses as to the previous 100 million to make 200 million. is that going to be enough between that vaccine and whatever we can buy from moderna to provide vaccines for anybody who wants them in the united states? robert: between moderna and

pfizer, they have ordered 200 million doses each. that's 400 million doses. but that is a two dose of vaccine. there is enough for 200 million people. not enough for the entire u.s. population. that is around 328 million people. the vaccines have not been fully tested in children, so they cannot get it. there is another vaccine from johnson & johnson. that is a one dose vaccine. that trial is moving along well. it is expected that the case load in the u.s. is high. that trial is expected to have results in january, perhaps early january. that could be on the market in late january, early february. that kind of timeframe. the u.s. has ordered millions of doses on that one. if that one works, that would be enough to potentially vaccinate the whole u.s. population. even as we get fantastic news on the vaccine front, we thestill seeing

constellation nations that we have not seen since may in the u.s. and europe. what about other vaccines? i know you worked on a story about the china covid vaccine that we heard a bit about, but it's not as effective as the moderna or pfizer vaccine. robert: what is going on with that vaccine is it is really murky. there was a big trial in brazil. that is the biggest trial of that vaccine. 13,000 patients in brazil. i think they were health care workers. they were supposed to announce the results today. as i understand it, what has happen, and alas moment they said they would not announce the results. they said it's effective enough for emergency authorization and more than 50% effective. there is a big difference between 50% effective and 95% effective from the mrna vaccines with moderna and pfizer. this other company has to review results from the last 15 days.

what is goingurky on and why they are not putting out the results. it's not clear what is going on, if the results are ok and not great. it's very strange. thank you for joining us and keeping us up-to-date on all of this news. bloomberg's robert langreth. key public officials to be vaccinated for covid-19 is dr. anthony fauci. he spoke earlier with bloomberg's david westin about receiving the first dose of the moderna vaccine himself, and how easy expects -- and how he expects most americans to get vaccinated by the summer of dr. 2021. fauci: for five or six hours after the injection, i did not feel anything at all, less than a flu vaccine. then late afternoon and early evening, i started to get a little bit of an ache, nothing to distract me or bother me. just something that if i press on it, you can feel it.

i had a good night of sleep last night. i did not get a lot of muscle aches or anything. i felt something a little different, like there was something going on. maybe a little warm and a little flushed. i woke up this morning and i feel perfectly fine. the only thing i have now is, where the injection site is its still a little sore. when i say sore, not very distractingly sort, just baseline, borderline. david: if there are side effects, how quickly with a kick in? dr. fauci: they all occur in the first 12 hours and last at most 24, or at the most, 36 hours. it is extremely unusual for someone to have something beyond 36 or 48 hours. david: you said, in getting your inoculation you were a physician , treating patients but you to represent to people that it is safe, that they don't have anything to worry about.

do you sense there is much resistance to the vaccination program? dr. fauci: it is getting better, when we did a survey a month or two ago, almost 50% of the people had reservations or skepticism about getting vaccinated. the last survey that was just last week, they said that more than 65% of the people said they would be willing to get the vaccine. we really want to get that even higher than that. the projection is, if you get anywhere between 70 and 85% of the population vaccinated, you would create an umbrella of immunity over the community which could really get the level of virus so low that it would not be a threat. then you could answer the question that everyone seems to be asking appropriately, is that, when can we start approaching some degree of normality? when can we be doing things like safely having the children in school?

going to a restaurant and sitting indoors, or going to a movie theater? i think if we start getting the general population vaccinated by mid april, between now and then, we are going through the various priorities. we started off, health care providers and people in nursing homes and those facilities. the second level is people over 75 and individuals in what's called necessary or important places in society to keep society running. that could be anything from a police officer to a fireman to someone who runs a grocery store so people can get food. when you get through those priorities and you get to what i call, open season, like anybody could get the vaccination even though you're not in a priority group, i imagine that will be sometime in april. if we can really get vaccines going in april, may, june, july

and august, by the time we get to the end of the summer, i think we can get to that goal i am talking about getting the overwhelming majority of the population vaccinated. vonnie: that was dr. anthony fauci, the director of the national institute of allergy and infectious diseases. still ahead, we take a closer look at the disastrous bombshell that videogame cyberpunk 2077. which was supposed to be this year's biggest title release. that and gaming trends in general for 2021, next. this is bloomberg. ♪

vonnie: the futuristic role-playing game cyberpunk 2077 suffered a massive backlash

since the hotly anticipated debut in december. cyberpunk is plagued by bugs that reviewers and gamers say make the game nearly unplayable on previous generation consoles. sony pulled to the title from the playstation store and offers full refunds along with microsoft. the company has been criticized over unrealistic deadlines leading up to its release. for more on what lies ahead in 2021 for the gaming industry, we are joined by the cofounder and ceo of girls make games, a series of summer camps and workshops and game camps inspired to help the next generation of creators. it must be exceedingly disappointing when a game like this comes out and it just is not up to par. we are not talking about a

couple of bugs, we are talking about unplayable games. how much damage does that due to a company when something like that happens? on thennot comment damage to the company, that i can talk about how complex cycles have become. there was a time when a $20 million budget was considered a game, and video games have exceeded 100 million dollar budgets over and over, with thousands of people working on them for years and months at a time. this title was announced several years ago, so the anticipation has been building over time. unfortunately, the game was not ready to be launched. it is not ready for the player s experience. it is evident in the player's response and that is evident in the reality of the world we live in. it is not like a movie or a tv show. whereas a consumer does not interact with the medium.

there are thousands of ways a player can interact. given the variety of gamers that are out there, the variety of play styles that people have, the game can be interactive within 100 million ways. i think it's a reality of the industry we live in, and it's a good lesson for everyone to take. as an educator it something i talked to my kids about all the time. you have to understand how complex it is to make a game. vonnie: absolutely. the industry has grown so much and is overtaking the other entertainment industries. it is not just the games, it is also people watching people play. both men, women, boys, girls, everybody gets involved, but there are questions around representation -- forn and things like an games. how are you taking that on with girls who show an interest in this kind of environment, and

might possibly want to be developers? laila: that is a topic close to my heart. over 50%, or nearly 50% of but less thanen, 20% actually get to make video games. the expectation is massive. when it comes down to any kind of art form, like video games, for example, the developers or the creator of the art is the voice of the art. in this case, if it's man making games, they will show more men in video games. biggest barriers we have to overcome is introducing young women to careers and show them this is the possibility that they could pursue as they grow up. as more women become developers, we will see more diverse characters. representatives of the actual gaming consumer population in the games themselves. it is not a good place just yet. i would like to say that girls made games should go extinct,

because we would not need to do this. but we are not there yet. vonnie: the scandal happened in the arena, and it's taking a long time. after girls there are so many more causes to get right. everybody should be able to have fun playing and developing games and being the ceo of gaming companies. what's the interest in girls that come to your camp in being more than a spectator or a player? laila: massive interest. the girls that come in are drawn to everything that goes into a videogame. from the storytelling, the characters that are rich and environments that are creative and unique. best things about videogames is you write your own story and live your own story that you create, as opposed to just watching. watching other people play your game and interact with it and explore it is magical. one of the biggest things we see at cap is that it's not it'ssarily the coding, but

the design and narrative of game development that is exciting. the technology is just the tool that brings it together. ask, what are to the games you are looking forward to next year? laila: i am definitely looking forward to halo. . have been a big halo fan always great games on the playstation and nintendo, different consoles. i have primarily been a league of legends player. it's one of those things i look forward to, the annual competition. championship is next year, which is pretty exciting. vonnie: we will follow your success, or otherwise, in all of those games. thank you very much and good with girls make games. ceo of girls make games. that does it for this edition of bloomberg technology. bloomberg daybreak: asia is next. please stay tuned, this is bloomberg. ♪

announcer: the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. the following is a paid presentation brought to collectibles tv -- brought to you by rare collectibles tv. >> the california gold rush is considered to be one of the most impactful events to affect the economy and it has had a long lasting impression in numismatic history as well. the people of california soon