they will engage in what are called bail in that is a direct confiscation of money we've already seen a test case with wells fargo bank here in the united states they test case this process by stealing money out of millions of accounts while smarter they still want to act like a common thief because of course they're terrorists and have a comment about that wells fargo but you know you've seen the polling to ten can do to a man and they were just going down the road to steal people's money and oh did i speak out of turn so wrapping up on this story because we only have thirty seconds left i want to say this house i household debt two hundred percent of g.d.p. will constrain further borrowing in the future we've talked about this in the past what are they going to do with the next financial crisis have they can have this you know s.t.r. is the i.m.f. going to come in and roll everything out is going to be gold it could be crypto currency and i don't i didn't mean to threaten anybody ok that's just metaphor i'm a poet that's why i'm popular in the rap community now stay there for the second half because i got

a fantastic interview coming your way don't go back. to the stand. i know that i'm a true brother but of course because of that. family and that can put a man in there you can keep an. eye you lose. it and. living. in the. new leaf.

it's called place choice for john the i knew you didn't pay i think time in syria said. the shiites how i give up from my last father and in africa will fuck around with mr hate for jim and then i hope that our friend in the course. of the learning. if i were of public opinion i would seek to have myself and all of my friends in my family and leaders at the local level to a national level be arrested by israel what you need to do is hold a mirror up to the israeli people and say this is what you're creating this is the reality on the ground we're not using violence we will not cooperate with the occupation anymore i plead with the public opinions we do each of the nonviolent struggle because if you use violence you will never get the support of the israelis or the world.

welcome back to the kaiser report max kaiser time now to go to a special guest investor and c.e.o. of and founder of own group maya. billion of it my own welcome good to be here previously you were the chief innovation officer g.e.

digital so you've got experience in let's call it the fortune five hundred you know the big most highly complex companies in america and you bring to them your work in artificial intelligence and you are now deeply immersed in blocks shame is that correct that is correct how does block shame factor into what you're doing now where investor in watching companies in ai companies and cybersecurity companies were absolutely fascinated with the empowerment that watching can bring to our our artisan power because the decentralizing is a lot of the business models that exist today and allows you to have a bank on your phone versus a bank account so decentralization in this instance though is also distant to mediation that means that a lot of the layers of a big or enterprise are squashed housing associations are made more rapidly and more effectively i would imagine absolutely you're absolutely correct

a lot of business models that you just pointed out are going to be disrupted very fast because suddenly people can trade between themselves without ever needing a middleman there's a question for big corporations or any corporation typically they make money out of solving inefficiencies you know for example the car from henry ford was officially produced and people can get around a lot faster and the economy grew as a result but are we at a stage in capitalism where the efficiencies of these big companies is so great that the margins for profit are squeezed down to zero for example if you're in a micro transaction business. and you are looking at profits that are even smaller than a grocery store and grocery stores are only two percent profit margins or gross profit margins we're talking about even less than two percent how does a translate into earnings growth and how does that then become we've hit peak earnings i'll just call it a phrase right now due to the hyper efficiency of block change not just hyper

efficiency block change hasn't reached the scalability let's be clear ok it hasn't and i actually. am challenging a lot of folks out there to say that block chain is scalable all depends where you're at the fence what kind of legacy system you have depends what you're trying to do depends what your customers are trying to do so at the moment some of the platforms out there that are achieving some scale ability will need to be integrated into legacy systems and do you are right that a lot of the big companies are squeezed out and a lot of the companies are going to be squeezed out not only on a profit side but on the transparency side not just walk chain but many other technologies that merging tech machine learning satellite data cybersecurity a.r.v. our robotics blocked change our whole forcing transparency on to any platform that exists out there so if you don't start innovating yourself very fast you're probably going to lose out you say it has to be integrated into legacy systems y. and others these are new systems they're replacing existing systems like p.d.p.

music file sharing on the web it didn't have to integrate with that's a long playing records or cassette tapes it obliterated that model i love that analogy that's an amazing analogy and i think you're absolutely right some industries are not going to need integration into legacy systems because they will just need to leapfrog as you just pointed out in music why do we need to go back and integrate in certain things unfortunately some industries in the world that not run that way and they are run in the way that current systems work so why change them also have to remember that a lot. these companies run by quarterly numbers and they report to wall street and so space for innovation is very tight and so in order to mobilize your whole team to innovate in something new and see if it's worth investing your time because remember so many innovations are coming at companies and how do you choose as a leader of a large company is very difficult for you to achieve the cost of music on a stray it's digital yet that is obviously a candidate for block change innovation now you're saying ok some industries let's

call the cement industry or they're mixing rocks and couples and water and it's hard to imagine how block chain is going to transform the concrete business you've got to move it in a mixture you've got a port on the road and you've got to make a road basically so is it going to bifurcate the industry they'll be some industries that are legacy but not legacy like they're ever going to catch up with blocks and there's they're dead they're complex the dinosaurs and we're moving into people are going to instead of thinking oh concrete needs to be blocked chains are going to be thinking like water and you see is my mind to use a block saying to communicate with somebody to africa using sauces tokens better need to go there at all i'm just like flying in outer space and george jetson you know you work with artificial intelligence they may only go to some tokenized robotic were or you know my wife thoughts are monetized ok can i want to opt for sunday in the in the kalahari and then there was some woman is making me what's going on so i think i think you're right this industries will need to be separated

in two ways there are some basic core of an industry that won't change but if you look at the example of cement industry absolutely the payment system and the supply chain will be probably not just by block change how does this if i want my consciousness expanded to the point where i don't care about jeff bezos now like if what what what's going happen are you going to. essentially hypnotize me to thinking that i don't care anymore are you the devil are you going to do the worst founder member i have ended yes are what or do you guys. from from from from greek mythology for the matrix laid for the matrix maybe i didn't want to be a god you say you want the red pill but the blue pill really got to stick i know the steak is fake but good i'm eating it anyway you're trying to tell me are fear. is the way to go your background is amazing in terms of your ability to synthesize

all this information and come up with your own theories but it just seems like if i look at the world today and i see what humans are doing to the places they live their ecosystem i remember had an ant farm as a kid and if you know the answer benchley they foul their own environment and they die off unless it's so i mean it seems like humans are doing their best to make the earth in in the hospitable for themselves inhabitable not comfortable for that isn't that kind of happening and is a ready to abandon humans and i think again doesn't some of the really far off questions right because we don't know that yet i do think that there are a number of people out there who are trying to use technology for its good i mean look at the centralization and walked right there's a whole spectrum of law change right now that's being developed for social good for financial inclusion and for bringing more people out there onto the economic platform so i do think people come with good intentions but i do see

absolutely exponential growth of technology and our inability to keep up with that exponential growth so unless we have a conscious design into our system no technology will solve our problems will still have to have a will power and we still have to have a conscious decision to solve a problem president nixon about the rate of evolution if you well you know selection of the fittest they need tensions that are involved in this like in the technology space going a lot more rapid pace like they're out evolving us you know we're pretty slow procreation for humans is relatively healthy compared to your algorithm you know the mating with each other and giving birth. two new algorithms new machines you know and so it seems like they're racing ahead kind of in a break next speed what do we as humans have to fight back i'm in that camp ai is going to win this thing that's going to happen a lot sooner than he wants expecting how do we fight back my give me the why we fight so i need to get down and start to maximize a civilization just what i need to do what how do we fight back unrefined about

this i think you need to go to block teen boot camp learn how to block teen works and start fighting back how because of that i have some rudimentary knowledge about this len what exactly would that mean i can live with jamison la with a north carolina hut with guns and prepare for the mock ups and start going down my neighbors yeah i again i think here are taking it to extreme we're not there yet and i haven't really thought about you know next fifty yards and i don't know it's not only that i don't trust you because you look at me with these brown eyes you're like don't worry we're not there yet but you know and i know that we're there we're on the suresh told of the extinction event for humans and machines essentially are taking over. so i think we every single one of us as i said carries a conscious decision to influence the technology you know our ability to clearly beings influenced by the technology already our conscious minds we're outsourcing our information to google no one bothers to memorize anything anymore no bonus to

think anymore if your members use guns aren't sure in the case of our needs our wants and our desires and our titillation that's all i don't have a button and there's no effort anymore it's the physical calorie of humans as is becoming the blob stay we have no reason even to get up in the morning anymore the machines have taken over what were my going to have i think i think one of the things that i would point out is the pens and the planks in the world year and a lot of places in the world that actually need to get up and need to do the work i think we belong in a bucket of colas like east. they lucky some call unlucky rain and other places in the world they're still very far off from what you and i are talking about so i think the world is becoming very separate as a jew graphically this is the case now about that for a second in areas of the world that have been separated by physical distance it just to get water would require a trip to the well into the river to ours and you're saying that this ai enabled

world means that the same compression of time that we enjoy in the. advanced economies kind of is coming to economies that have been not participating absolutely in a way especially with a chill less than a being in place so is that accurate and what does that mean for these for these areas of the world exactly i think it's absolutely accurate the world is becoming quite a pretty folks say that the world is becoming more interconnected it is becoming more interconnected and it's easy for us to disseminate information and to block change possibly even trade value right in a fast way but you're absolutely correct some of these places in the world it's going to take much longer to catch up but that you know i could argue back this is a happy ending i'm going to stop all of that answer this is a happy ending some other words the consciousness it's a word you brought up a few times that exists in places that are cut off it's now able to be shared because of the tokenization last thing so folks are being from extraordinarily rich

cultures you have d.n.a. that goes back to with through time and been associated with some of the greatest artifacts and cultural and in art that is now being joined up. through the platform so my consciousness is being raised by being connected tokenization to somebody else somewhere else right that's right it's just that stuff you know you see. so you see like a tapestry i was conscious to me how or when i see absolutely empowerment of you here and a person somewhere in africa. i can trade something of value without a middle person and the thing about you could have thought it could be you know thought of tokenized yeah and then we're going back and forth on a micro transaction that's right right and so we're creating procreating in digital space and we're giving birth to digital offspring through the exchange of like you called digital seaman on yes. if you want to you. if you want to chat

if you want to say that. but. i don't but i'm using a metaphor of course yes you're but i hope so so you don't you don't challenge my metaphor it's you do you might no comment so you're an investor and founder of a group which. could be the snowbird for what it stands for orpheus stands for yes yes but anywhere you can roam and mentality and if there are fears it was a. guide a significant figure that that could charm people and sway people there his way through music and crown the music right yes i feel totally charmed that our know what this company does for your i'm sorry i'm i'm i'm going to follow this woman whatever she's doing i'm following her that's it i just used the future well we got to go thanks for being on thank you so much it was good to me and well that's going

to do it for this edition of the kaiser report with me and i sties her and stacy herbert thanks to our very special guest who you know if you want to catch us on twitter it's kaiser report it's like time buy oh. yes it was pretty good. for you but. yes we will the last election. will do it so well mostly we're going to we will soon will but you know with the stuff when we push it out so. painful for you. you need you to go on the scouts move you to go to school we you know you. use your resume you took stage. you was mostly on the bench.

prosecutor though i'm wishing you can you get other corners up and you. did to us all but you're using my space and i was there. any. way to do a one british man using a button to press the radio button and sit over the. exchange so that is why there is still fax it is a goodie in this case said to see that we've done just shoot up. this is harlan kentucky. overboard this move them boys people we're going to breed families remain.

a co money city with almost no co mines left. the jobs are gone all the polis the fed that's. love to see these people a survivor of a world disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happening it's happens. that. i. was. on.

medal hopes. for.

the international olympic committee is to reveal today which. will be allowed to compete in the winter olympics next month but has already had with a number of its medal hopefuls. was was at my. time was because of the ship it was surely my belly as a muslims it was. yes that was the one thing you know for me i want to eat a good role that i'm rational at least one that arrives here at least i was in the

city and i am one of the yeah one which was the us which was not that good at that flatly i mean any that was not in my house when my living in. i thought i leaving everything behind and returning home it was my dream to compete to the end things and i was working towards the go through hundreds of thousands of difficulties through sweat and blood. that was it was such as was was the. most i had

the idea was. even was when is it was when it was sure. i should be sure to go i thought i must restore. true but i'm always. team russia was banned from participating in the winter games almost two months ago it's all over allegations of state sponsored doping clean athletes are being given the chance to compete as neutrals and dozens of russian athletes have already been banned for life but for a participating in i.o.c. events from participating on thursday the committee publishes criteria for deciding whether to suspend the leads and. picks up the story weeks after russia had

come to terms with no team russia in korea anyone with even the slightest interest in sport in this country was baffled dozens of clean washing star athletes never got their olympic invitations those who'd never been under any suspicion by the sporting federations or even the i.o.c. when they had everyone with a russian passport under the microscope forget about your dream end of story no explanation that could have been the case but the international olympic committee then let us know the seventeen criteria they used if you don't match at least one or rather if there's even doubt about at least one of them you're out. that could be suspicion that could even be an ongoing procedure that could be many factors which did not lead to the satisfaction of the panel the purpose is to invite clean russian athletes for which this panel was and has not the slightest doubt or

suspicion again seventeen boxes to be picked to get the all clear there's all kinds of things on the list from the infamous scratches on sample bottles to that obscure final segment additional confidential information provided by wada even one of those gets you a red light but the criteria set by the i.o.c. itself might well race suspicion not only in russia take the first two which essentially unite all the rest by the way being sanctioned by the i.o.c. investigators or any anti-doping rule violation in the past the latest group of russian athletes who found out they're not go and were never involved in any of that another box to take issues revealed by the moscow anti-doping lab database well it's the whistleblower and his team who used to be in charge of it. it was created by the deputy of grigori which includes and had several levels of access

until the summer of twenty sixteen it was possible to change any of the data that the world anti-doping agency coincide with this back and twenty third see it cannot serve as evidence i've mentioned scratches and marks on sample bottles arguably the most solid proof that however was never shown to the public just like the visual results of the bottle flaw experiments back to the water's mysterious additional data that amounts to intelligence extracted from its whistleblower program and other sources many people in russia would like to know who these sources are and why they should be trusted one more segment additional intelligence provided by the international winter federations i'll tell you what the association that unites these federation said the i.o.c. our request to clarify what's going on some federation official seem to have been racking their brains while the president of the international biathlon union was

particularly outspoken it is very sad there is no direct proof of guilt the i.b.u. tested human numerous occasions and never tested positive for a banned substance so apparently it's all down to the criteria of choosing the right criteria. and the russians who do compete in the games will have to follow strict rules according to the latest i.o.c. guidelines they must not participate in any events associated with russia's national symbols such as the flag or the national anthem same goes for social media with the posting of official symbols for britain a russian athletes are also prohibited from participating in old tons of victory ceremonies including any organized by the russian olympic committee russian competitors though they can display their national flag in their bedrooms.

the u.k. has announced that donald trump will be visiting britain in the second half of the year and activists are valid to protest when he arrives at the us president seems unfazed i think a lot of the people in your country like what i stand for they respect what i say. and for tough border. into those who don't what do you say to them i don't care i don't care it's just one of those things i don't i don't say anything you know why because i don't care all the us leaders are a trip to the u.k. had originally been planned for february this year for the opening of the new us embassy in london however canceled the visit citing his dislike of the new building . the u.k. and the u.s. failed to find common ground in twenty seventeen and whether this year might be any better. the u.k. prime minister to reason may has invited u.s. president donald trump to visit the united kingdom later this year it comes as the

two leaders met at the world economic forum in davos and also comes amid rumors of a breakdown in the relationship between the two countries the feeling. like he. was the way they. were this was a great. question for getting into. whether rumor or not what is real is that twenty seventeen saw a real strain in the so-called special relationship on the. injuries. was the only way. to reason made don't focus on me focus on the destructive radical islamic terrorism that is taking place within the united kingdom we're doing just fine and perhaps a change of heart by president trump in order to repair that relationship he's indicated that he's willing to apologize for retreating britain first if you're telling me that the harpy people horrible racist people i would certainly apologize

if you'd like me to do that i know nothing about them previous announcement of a potential visit by trump or provoked a backlash amongst british politicians i would not wish to issue. to speak in the. previous report suggests that mr trump himself postponed a potential visit to the u.k. because he didn't want to be greeted by huge protests and attitudes here really changed a recent poll suggests that more than half fifty six percent of brits don't want president trump to visit if donald trump comes to the u.k. he will hold the biggest protest in british history he will be mad by a million of us at times in a citizen's arrest of him for incitement of racial hatred we spoke to one of the anti trump protest organizers expected.