tv Press Here NBC December 9, 2018 9:00am-9:31am PST
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this week, the future of movie maybe virtual reality and nobody is working harder to make it happen than maureen phan. a look inside venture capitol. who's making the money on sand hill road. the president's security adviser struggles to understand twitter. this week on "press:here." good morning everybody, i am scott mcgrew, i am going to show you a movie clip from a short film.
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you will see the main character of the crowe and enjoy it and i will explain why it is significant on the other side. >> oh, that's me. >> man. hey big guy. >> what you are seeing is a movie created in virtual reality. now, no matter how good your tv screen is, i can't show the film in v.r. you need virtual goggles. our maureen phan, the creator of the film you just watched. one of the largest v.r. studios in the world. maureen phan has been in the past working on zynga's
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farmville and other games. thank you for being with us this morning. tell me is there something special challenge to telling a story in virtual reality? i understand there are advantages but what are the challenges of telling a story in virtual reality? >> well, if you think about when they come up with cinema, it took decades to figure out cut and zoom and pan. in v.r., you have to figure out how do you direct the viewer's eyes. you are always using tricks to figure oit out or experimenting. the magician often says if you want the audience to look at you, look at the audience, if you want the audience to look at something, look at that something while they pull something out of their pock pocket -- >> so we are constantly doing
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that. >> in virtual reality, it is 360. i could be interested in some little fun scene you got and i missed the key point over here. >> exactly. >> who is the audience? you are in the v.r. head set, what is your role? do you play a fly in the wall who's watching the story unfold or you play interactive character and affect other characters on tp she set as wel. we are always experiencing with that. you are a bunny and you look down you have a furry funny body and people try to pet the other bunny and crowe, you are the spirit of the season two actually make it snow and you help crowe on his journey. >> are you able to tell the same type of story? is that something you try to do? >> well, eric likes to say that shakespeare was wonderful in written format as well as theater and movie and animation because "lion king" is actually shakespeare. as long as you have a great
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story, you can tell it in any medium. with that being said, v.r. has advantages. in v.r. you truly believe that you are there. if you truly believe that these characters and environments are real then you feel that much more caring for those characters and you feel that your actions actually matters to them. so story telling is all about getting to care so much of the characters and you watch until the end but now we get to make you care even more so. >> that feeling of really being there and reaching out to pet the bunny, it makes you when you are in a film like this have as much agency as possible. how do you balance the technological burden of letting people roam free or the need to bring them through the narrative. >> that's something we are trying to figure out right now. half of our studio is film
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people and half are game people. games are all about interactivity and films are about narrative. how do you merge the two things together? if i am watching narrative and i want to interact, i am distracted by interacting and i am not watching the important story point. that's a lot of experimentation that we do on that. we do want you to have impact on other characters. some of the things we do is experiment with you when other characters look at other things. you look at them there or we make your controller on the ocular or touch controller starts vibrating or something is happening. it is a balance. >> you mention there is a split in your studio, you yourself have a split personality. you major in human arts and computer science. which one are you better at? >> or you can say i am not good at either.
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i am kidding. i am great at both. i design my major because i love animati animation. from that you learn that every discipline is much more similar than you think. it is all about paradigm. for computer science, is it object or oriented or command or language? it is all straight ahead language or in participainting, start with a background first with the big wash or the details. it is all about the paradigm that you start with. the two are more similar than you would expect and i think being able to merge them allows you to do well especially in media because often times society pressures you to conform. are ayou a suit? >> if you can understand both sides and you can understand the artist and make sure that the passion comes through. at the same time make sure the company is successful as well. >> so your company is getting a lot of investment money but not
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a lot of consumer money at the moment. what are investors expectations being as well funded as you are, how do you reconcile that money the small audience of what you are creating. >> it was funny because when i started to raise money, it was during the v.r. hype cycle. they all believe that v.r. will be a huge phenomena and changing history. the question is it going to become huge but it is when. i expected it to take a long time because everyone knows that there is a hype cycle and the plateau of enlight mmenenlightm. we are here and this is why you should invest with me because i am practical and how i am going to be responsible with my company. i believe they'll become starting this year given the
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quest that i will survive and thrive and become hugely successful when it does become mass market. >> the two breakers you need is the content side and technology side. where do you feel it is the most important? >> i am biassed because we create content so i believe content is king. i purchased the nintendo switch knowing full well that i will only play zelda. it was worth it because there was a killer app. we hope that we'll make the killer app. content drives adoption. 2019 is the year of this. i am excited because it was the first time head sets was created just for v.r. it is not using a phone or p.c. >> you are talking about occulus. it is going get people be interactive. our studio is working on interactive content that runs on
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these wireless. i am excited of that being a consumer friendly. >> maureen, i want you to explain six-dock? >> it is six degrees. >> let me argue you back on this interactive thing. that is i have seen video games where you put on a v.r. and a rifle in your hand and you run on a treadmill. i play video games and i like to do it in a laying down position o like this on a saturday morning. i don't want to get up and run around. i don't want to pick the end of the movie either. in the end of "six sense," i think it is okay to spoil that one at this point. i don't want to decide whether bruce willis is dead or alive. i want it to be a surprise, right? >> if you have not seen "six sense," i really apologize. at some point, i come to the theater or i come to my v.r.
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goggle to escape. >> valid? >> that's why we created a 2-d version and interactive version, "chromes of legend." we know being able to interactive is something that people want to do, i see young people take to v.r. more than anybody else. they know exactly what to do in it. being able to play active character sucks you into that story more and care more about the character. "chrome of legend" needs to be viewed by as many as possible. so we created two versions and we think that's a future of animation where people can decide which experience they want to be able to have. >> maureen fan is in our studio. thank you for being with us this morning. >> thank you very much.
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welcome back to "press here," it is december and it means bonus time at least you work in finance. nbc does not pay bonuses. for all you venture capitalists and bankers and brokers, a happy holiday to you. the stock market may have been lousy this week but bonuses are flowing. here is a question though. are you paying the right people and fairly? ad adam sawyer using artificial intelligence to figure out who's to pay. he runs three different firms. we expect he knows what he's talking about. goo good morning to you. >> thank you. >> what business should i be in and who's getting paid the most? >> you gave me that answer. in the normal course of things of your cycle and time frame. if you want to go for a quick
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hit, hedge funds. if you want to build longer term wealth, private equity or adventure. overtime it is safe to say. >> i pick pc. >> do you measure or know which firms are doing the best or which positions in which firm is doing the best? >> our client upload all their employer information. it is all encrypted by the way. more importantly the first time what attributes of people are most valuabled by the market. rather to say vice presidents that can source deals or accountants that can do. >> i feel like you are giving me generic examples. can you give me specific examples without me paying you for it? >> if you are an associate at venture capitol. if it turns out you have
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original scale sit of origination of a deal, you will be paying materially more than an associate merely, analyzing and doing financial analysis. these are premium puts on these deals. >> did you just tell me a reign p rainmaker makes more money? >> what are under rated skills that people have that are getting paid for. >> if you go to business professionals, risk management is a huge area and compliance increasingly. massachusetts in california and new york, require equal pay and equal work. we start to think about what it means. it is no longer based on the title. we analyze that and help steer the company. those skills are becoming increasingly valued. >> the rich is getting richer, how is it transcended? >> there has been a broader trend. there is been increasing disparity of pay between the
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star performers and the less star performers. the winner, the larger are getting bigger and bigger and the ailment to start new adventu adventure capitol. inside the fairm, the stars are being paid a larger percentage of the toll. that's a bit of a change and historically speaking a little more democrat ic. >> i looked up the california law on equal pay which dated 1949. no employer shall pay any individual in the employer's employ at wage rates less than the rates paid to employees of the opposite sex in the same accomplishment for equal work on jobs. it seems trastraightforward. companies are running into situations where i am a reporter and we have other reporter, i
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don't think they make the same amount of money but we have different skills set and time at the job. california companies in state that is are regulated like this have to be careful to make sure that they're paying everyone the same or able to explain why they are not. 100%. >> in fact compensation iq, what it does is it scans all the employees on your company and make the comparison based on not just the title in the department, but also based on responsibilities and exactly like what you said and performance tributes. you may say i have a female who's got a title as senior associate and she does a, b, and c, i have a male that's a vice president at venture capitol and does the same for a. different title. it was evidence they were doing something differently. now the law appears as a vail of the title and says what is the
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actual under lining work being done by these two individuals, maybe the female is a senior associate because she took maternity leave for nine months and missed the cycle but he's doing the same work. now you have to look at that and say we better have a match. >> when you have a large firm, that's where computers come in. our a.i. can flag and say why is jenny being paid less than jim because although there is a lot of data points, artificial intelligence is saying those are the same jobs. >> exactly. >> that's something that's helpful. >> none of our clients i believe intentionally pays people unequally for equal work. we find it to be responsibilities and performance review and etc. >> no one says i set out to pay that person lower. there is hidden biases and things that i mentioned about leaving the work force and other
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things that results in that. the first is identification. until now people have not tracked the actual grandular job responsibilities of most of their employees. making the comparisons required by the law is difficult even if you wanted to. you don't know that scott does these six specific things. you know people with the title anchor do these things but what does he do specifically of the examples that you gave. the software can track that and make those comparisons automatically. >> how does a push of transparency income factor into these? >> by the way, i should add that there are some notable bay area tech companies have gotten positive feedback by looking at titles across the parking and making sure men and women are paid under the same title. is it fair to pay a five-star
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performer the same as a three-star performer? is it required by law? no. is it fair to pay somebody in the job for ten years and show retentions the same with someone of three years otherwise the same? people would say probably not. you can justify that we pay people more. there is all these subtle pieces and factor in that requires much more details grandular analysis. >> there are so many things that can't be quantify in a way that's effective in this type of conversation. >> you would hop it captures in a well-designed performance interview system. >> that's inaccurate, right? >> the answer is it should be captured in the review system ideally. where this is getting closer and all these efforts and not to say effort, it is getting closer to fairness. i think it is everyone's objective.
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here." looking at the flnews here, we w gm, this past wednesday, california became the first state in the nation to require new homes to have solar handles. and rudy giuliani blamed twitter for what happened after he made the typo. i got the rudy giuliani's tweet here. mueller filed an indictment just as the president left for g-20 in july. >> he missed a space there? >> twitter created a clickable link. when it sees a dot and two or three letters, i domain. what happens is if you click that, you would go, well, at first you would go nowhere. a web developer in atlanta
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realized what happened for five bucks bought the domain and he put up the message, donald j. tr trump is a traitor to our country. >> so then rudy giuliani discovers what happens and he tweets, twitter allowed someone to invade my text with a disgusting anti-president message. the same thing did not happen befo before. twitter did not do anything. >> that's right. the same thing did not happen because he did use a period and no space but he said helsinki and period, and the word either. the word either is not a web doumain so no link was created. he looked at that and he saw evidence of conspiracy to filter out the voice or embolden trolls. >> before becoming the president's personal attorney,
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he was the president's cyber security adviser. >> i would not trust the guy that program my vcr. >> we were just talking about hybrid cars. i have a plug-in hybrid, i love it. i don't live very far from the office so i run it on battery all the time. you are saying these are a dying breed. >> you are a few in the pile that are driving them. >> i feel like abe beta max. >> hold onto it. >> it is not a bad technology. it is not one that people want to buy right now. they either want to go electric. the plug-in hybrid has a lot going for it. you can go as far as you want. but, it is a $5,000 more expensive car. people are not making that leap right now. if they want electric, the battery is getting so good, you are getting 200 or 300 miles for
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charge. >> what does it mean for tesla when the battery have gotten, the tesla is cool looking is that it went three times further than a leap. what does it mean for tesla if the batteries are that good for everybody. everyone is going to be buying electric cars. >> they won't be buying tesla. >> tesla is okay with that. they are electric vehicles are 1% of the market. they need the market to be mostly electric, it is not necessarily buy my cars. they are open to the fact they want to transition to electric as possible. >> they wanted to be a lot of electric just so the infrastructure built up. >> so when people think of buying their next car, they think of electric first. >> that makes sense. >> i like that very much. solar, california with some obscure, the california building standards, agency, i guess,
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decided or gave the final approval all homes starting in 2020, single family homes have to have solar panels on them. >> first, they wanted to make zero net energy homes so they don't have a net zero impact. now they want homes that produce power and so that's the future of california is going to be instead of building more and more power plant. we'll be seeing each individual home becoming its own small power plant. >> thank you for being with us this morning. i do love that rudy giuliani, back in a minute.
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