ou do ♪ no card? no problem. life, lived serena's way. chase, make more of what's yours. icht t . this week, cameras don't just see you, they know you. plus, advice living in the most expensive cities in the state. our financial times, richard waters, this week. >> good morning everyone, i want to tell you about a very bad dog. his name is murphy. he gets up on the kitchen table

when i am out of the house, i know this because i have caught him using a smart camera called lighthouse. now, obviously any security camera can record a dog jumping on a kitchen table. as i sat and watched him long enough, i catch murphy doing what he's not supposed to do. the lighthouse camera is smart. it knows what murphy looks like and ignore him when he walks by. when he gets up on the table like he does here is when i get an alert on my phone. f it is one of the things that a smart camera can do. >> it lets you know what time your kids get home from school or let you know if they are running late or if sarah comes home with a brad -- lighthouse will recognize she has a guest with her and the notification gives her a chance to welcome him. >> hey, brad. i have invented our lighthouse inve inventor, to walk us through

what smart cameras mean for the future. joined my richard waters of the financial times. i was incredibly impressed of your lighthouse camera. it does what it says it does and the number of things you can get it to do is amazing. tell me if my children show up later than 4:00 p.m. on a weekday and only let me know when both of them are walking in the door, those sorts of things. is that being done in the camera itself? >> thank you for the kind words. it is a little bit of both. some of that process, and some of it happens outside in the back end. the camera is doing the attention mechanism and studying what to look at and deep learning and who's who. >> not every camera can do this. >> i noticed it is big and physically heavy. what's in there?

what what kind of hardware is in there? >> it is called a time of flight camera. the kind of 3-d sensor and measuring distance and getting the full structure of 30 frames per second this lets you use the same kind of computers that would find. they both use 3-d sensors. this question of what you are doing in the cloud and what you are doing on the device is a really key kind of issues and technology right now. intelligent devices and shipping back to the data center. obviously of anything that makes you think surveillance, people think where is my data going. so it is all going to the clouds. it is not just the picture of your dog. >> i will say you can set the camera to turn itself off when

you're in the home. and only turn on when you left. >> so what happens with our data and how do people feel safe about where it is going? >> this is data from your home and one of the most important things and sensitive things. we put in enormous amount of thoughts on how to care for this system and totally secure. this starts with industry leading techniques and every connection between the device and you are at the back end of the phone and they're all in cry e encrypted of energy secotechniq. we put the software on the device so when it receives an over the air update, it has to come from us. >> let me interrupt. it is part of the system and people are magiking their house smarter. your device is interesting and

you got a mischievous dog there. most people are going to want to buy a complete system or different parts. let's talk about how it all works and where the points or data is shared or not. that's the utility and nobody is going to buy one system from one vendor probably not for a while. how does that work? >> so we put a huge amount of work making multiple lighthouses at one sight, synergize probably. if you are asking of a specific camera or telling you when you see the dog at the front door where someone you don't recognize, things like that. we have optimized heavily for this to be a stand alone properprop.

>> at some point you can say when my kids get home, turn on the lights in the bedroom. there is integration that could come >> for sure. >> in some way visual is more important than or ral. we think of alexa and she can control the stereo and she turn o s off the lights and etc. visual may be important. >> making your home smart by understanding and not just hearing you but see you, too. >> talk me more about smart cameras. i wrote down something. cameras used to tell you what they saw and now they tell you what they know. this is a huge development in camera. we used to see a couple of years ago reporters saying you don't know how often you are on surveillance cameras. those are dumb cameras going to dvr or security guards looking at the image. now, nobody has to look at it and we know what's going on.

that's a brand new and brave new world. >> it is. it connects to a way where we like to think about this in terms of past and present and future. you look at a traditional home camera, they're good at giving you presence and live view. they're okay of giving you the path. if you want to go through everything, you have to go through 24/7 recording, it is painful. you generally don't bother unless something you really care about. with a.i. cameras generally we get huge events in both the future and the past. for the future case, it is just what you referred to. tell me if you don't see the kids by 4:00 p.m. during the weekdays. >> you have a phd in this. >> yes. >> you are one of the world's smartest leading experts on cameras. >> very kind of you.

>> tell me what does it mean? what can a camera do in five years or ten years. >> there is a big change coming and i will get to some specifics in a second. i love to think about it in this way where a little decade ago where we had cell phones just for phone calls and now it does more. something like this is happening to cameras. because of a.i. that home cameras are beginning to do so much more. here are some of those things. imagine your home camera should be a communication platform. you should be able to walk out the door and headed to the gym, hey, i am headed to the gym and if you see cindy, tell her. it knows who you are and how cindy looks like and it delivers the message for you. >> go ahead. i hate to be the grinch. >> that's why we hire you. >> stop.

>> we draw this line of public surveillance and private utility, the same technology that we fear in public spaces. >> it is marvelous. >> somehow in the private space is giving us nothing. i would suggest that you know your vision made when the kids come home of what they are doing. there is such thing as private surveillance. there is private space in the home of the moment. if suddenly return our home into this and connected always on visual kind of way. i think we are going to change the dynamic of the family. >> i think we already have. >> it is a serious issue. we already have in the sense of i know if my kids have gone to the library or not. you got to give them freedom, scott. >> i will. >> here is what we are going to do. we are running out of time on television, i want to continue this. if you are joining us on

television, we'll talk about expensive living in san francisco in just a minute on tv on the web, we'll continue this conversation, we'll be back.

brap welcome back to "press here," i don't need to tell you living in the bay area is expensive. a family making $117,000

qualifies for low income assistant. somehow san franciscans can afford luxury. everybody knows our $12 toast and a home? what strategies are these young people employing to manage this. bruce stewart, he's a manager for morgan stanley. he coins the word expencity. >> thank you for being with us and describe expensity for me. >> it is expensive cities to live in such as san francisco and new york. >> what strategies? because god knows i have not

figured it out yet. >> when i talk about budgets people think of like dieting and their eyes glaze over. staying simple with concept is a good thing to get people engaged. i come up with something called the paycheck test. it is basic. you take your paycheck at the end of each month and you say did i spend the same as my paycheck or did i spend more? >> did i invite a wealth management guy here to say don't spend more than i earn? >> there is no hard in fast rules. that's one of the things that we were going to get through next which is the 50/20/30 budget rule. its got to be a loose guideline and everything has to be individual. it is rather challenging and inexpensity to make it work. >> you hear people say you should not spend more than 30% of your income on housing or rent or whatever.

you can't even live in san francisco. >> most people well over 50, 50 is a real kind of alarm red sir siren. it is terrible. >> you are totally correct. >> new york and san francisco would be 40% to 60% of housing costs so that's why when you get to the 50/20/30 rule. 20% for emergency funds or paying back debt and 30% for what i like to call the good stuff like vacations and kind of like eating out and things like that. the problem in inexpensity is 20% got pushed down because of housing. if you think of it as a start up company, you have your own burn rate. it is going to ratchet up because of the fact that you have a high cost of living and if something happens to you such as you lose your job or as we know recently with natural

disaster, if you have a fire and earthquake, you will be driven more into your savings or credit card debt. >> this has caused the big accident from the bay area. i looked up before we came on the show of the top three areas most expensive of the united states are san francisco and san jose and oakland out of the top five cities in the united states, new york is on that list as well. people are leaving or driving two hours outside of the bay area to live so when louyou loot the rules at what point is 60%. that was a great job offer, i think i should go look at the job. >> as far as that rule, it is again necessary to use it for what you need meaning that you may be able to be creative in the bay area due to the fact that we have such a tight job economy. we have close to 2% unemployment and one of the things that i strongly recommended is be creative and meaning you talk about commuting and there is

articles of extremely commuting. so what you may want to do is if you have a job and you are interested in that job and this is happening more frequently and what i found of people in biotech or technology ais a tigt job for employers. you can use that and negotiate things like telacommuting. it won't be expensive because you don't have to come in frequently. >> you live in san francisco and you are an expert. can you afford living in san francisco? >> i am able to afford san francisco with my duo income with my husband. >> if you told me as a kid that i would be making that and i live in a million plus house, but it does not matter any of that in the sense that i tell you that there are days if i get

the earthquake insurance bill and the quarterly car insurance bill and the mortgage during the same week, i am out of money. >> i have to say, keep the rest of the country -- >> that's my point. >> my million dollar house. i am living in a million dollar house and i got $9 in my spending checking account until payday. >> there is a real question here, everybody is leaving the bay area and actually any of the people being pushed out by all the people coming in. >> with higher income. >> exactly. >> it is people crowding into the bay area with higher income. >> and the house. >> why on earth are more start ups and companies are moving out of this area? >> they are. >> there are things that are interrupted and seeing a trend of private companies relocating.

those employers are facing tough locations. >> some of the stories is how do you negotiate a job. super expensive cities but also what kind of benefits and tell communicating may be one of them and other cities they may pay lower salaries. you are not actually getting ahead relative to what your counter part have been getting. >> i have data on that, i am getting interrupted. average salaries in business jobs according to indeed.com, san jose is 107,000, and san francisco at 101,000. >> there is is average pay for somebody in business according to indeed.com. then they factor in what you pay in rent and here is how much you end up. notice what happened with des moines in san francisco, now,

you earn more money in d de moines. are you shocked by that number? >> i am not shocked by it. >> bruce, you are with morgan stanley wealth management. we appreciate you being here. >> "press here" will be back.

welcome back to "press here", we have all kinds of silicon valley pioneers on the

show. imagine if you can get them all in the room and get them talking about the same thing. find out what jonathan abrams thought about facebook. adam fisher what he tries to do with his new book. and adam fisher says he grew up in silicon valley programming computers and managed to escape and becoming a billionaire in favor of becoming a writer. you know you could have taken a different path. >> i could of. >> there you were programming. my parents got me an apple plus when i was 13 and i am guessing you are about the same age as i am and we could have gone a different path. >> set me off that path. >> girls.

>> i wanted to hang out with girls and there is none in electronics. >> we have changed that. tell me about your book. it is an unusual format. i said you gather everyone together and you did in the sense that you write everything in a transcription form. there is not a narrative in here. it is like playing a play or a transcript from a podcast and i assume what you do is you take all the different people who have talked about different things and squeeze them together in to that subject. have i got that about right? >> well, i interview them first. >> of course, hundreds of people. >> yes, hundreds of people and i had like 10 million words of transcripts so i was interviewing them for hours or sometimes days at a time and how do you grow up. i literally just use scissors and cut it together. >> no a.i. there was no screen big enough

that i can get it on my screen. i ended up with scissors and tape and tape it together and you know -- >> right. so a random example, if they are talking about food in silicon valley, you take this interview and that interview and smush them together as if five people are talking together in the same room? >> exactly. >> why did you do that? >> things that are real silicon valley people talk about maybe outside world of the know about. general magic starting or break out that was not received. i interview those guys about those magic moments. the guys who are there. >> yeah, i think over history provides a great service. have you done an o.d.a. version of this? i would love to listen to this in my car. >> that's 100 x kind of when you

are actually scrubbing tapes. maybe it will be a podcast. there is an audio book. >> not with the original voice. >> i got to interrupt you as the woman in tech, you are missing some key figures. sus sus susan claire. >> donna would talk to me but she was not in the main arc of the narrative. >> and competing in the main arc of the narrative. >> this is the most essential story. really the silicon chips are in the narrative. all the things and you and i know about go and pen commuting and stuff -- it is only 500 pages. i could not go further. >> bummer. >> who else did you get and who did you call and call and say i am doing this book.

you did get zuckerberg. >> well, there is some a archival stuff. >> okay. >> zuckerberg is on the list. >> i could not get steve jobs. >> but i also could not get zuckerberg because he does not talk to journalists. i don't think he's on the show? >> no, he's not >> i could not get larry page. >> also not have been on the show. he's a tough one to get. >> these are tough ones. it is really about talking as a people and their interns that were there at the beginning and sometimes their assistants and you know the best interview i had were you know the first h.r. person at google, heathe heatheheather -- has she been on the show. >> i will see your h.r. person and say that patty mccor

mccord -- netflix have been ton show. >> there has been some great history. >> of course. >> it is really great history. how do you think it changes the story? do you think history looks different when you hear it from the people around you? >> yes, it is not adam fisher's opinion of what history is. >> it is a different way. >> it is not one journalist's opinion. it is the opinion of the people that built silicon valley. it is what they think their own story is. let's say it is wrong, you still need to come to history understanding what the guys who actually were there making it the historic figures thought they were doing and thought what history was or is and will be. >> i will say semi history of

silicon valley, there are some transcripts and women that you talked to that deserved to be included. >> terrell fisher helped me and megan smith told me she slloved the book and i got several people that i have never talked to before and she may want to write her book with me. >> great. she came to me and asked for my research which i happily gave to her. >> i am grabreaking here. >> we are literally running out of television time. that's the worst possible time of defending women in tech. >> you put me in this position. that's all the time nbc gives me. we'll be back in just a minute.

that's our show for this week. you can find a library of more than a thousand interviews at

pressheretv.com. thank you for making us apart of your sunday morning. and welcome

to "comunidad del valle." i'm damian trujillo, and today, historian and author arturo villarreal on some fascinating news about the history of san jose. he joins us with publisher charlie trujillo on your "comunidad del valle." male announcer: nbc bay area presents "comunidad del valle" with damian trujillo. damian: we begin with some more news from pg&e on "comunidad del valle." evelyn escalera is here representing the utility here on "comunidad del valle." welcome to the show. evelyn escalera: thank you for the invitation. damian: so, we do have some video because sometimes you have either construction crews or it may be even someone at home who says, "i'm going to dig a trench right here." and you need to call these people first before you dig. tell us about that. evelyn: yes, very important, the 811 free service is a very important number. and actually, august 11 is national safe digging day,