and you need to know and understand what you are investing and don't invest in anything that you do not understand or that you're not ready to lose in case you know something something happens so how do we go about it you and i have talked over the years about this how do we go about sort of professionalizing the crypto space of the blog jade space to make it really to bring the adults into the room and get away from the scam stores well this is a big reason why we founded the chamber and july of two thousand and fourteen we represent over one hundred sixty companies that are both investing and evading with chain based technologies and we're here to be a resource to the policy community so these are companies who want to deploy this technology for ethical and productive reasons and we want to make sure that the regulatory community is comfortable with this technology and they understand the benefits of it and that we work together to build a regulatory framework that addresses regulators concerns like. consumer protections but also does not hinder the enervation you know it's really

a double edged sword as you know you know for years i was the first financial regulator to say you know we need to regulate these things but it wasn't because i didn't want them around i want to i want them or i still do but figuring out that appropriate balance between how much do you regulate or too much so you for innovation is a question and i know that we've talked in the past and i think you're involved in some self regulatory efforts we saw of the the winkel by tyler and cam cameron winkel boss talk about setting up a self regulatory organisation and we say that an s.r.o. that means separate from the government and some people would like to only have the self regulatory organisation as opposed to like the s.e.c. of my old agency the c f t c what's your what's your take on this and how do you thread that needle well the hallmarks to a true self regulatory organisation and that it goes through the congressional process so commissioner quantize from the clintons from the c.f.a. say it was really the person who originally called for that and called for. we

asked him to kind of clarify what he meant by that and what he meant was either or either something bad goes through the congressional process and really has the teeth and the authority to regulate or just some and entity that the industry formulates on their own what we believe about the chamber is that by having the end astri proactively. regulate itself or take steps to oversee standards best practices reasonable compliance mechanisms you're going to get better results than leaving it to the government and we all know that there are some issues that are between the f.c.c. and the see after you see where there are some jurisdictional challenges that again is going to take a congressional action to really solve so what we're doing at the chamber of commerce we founded a initiative called the token alliance we have over two hundred sixty block chain and token experts from around the world who have come together to write the best practices for token assurances and they were going to take those best practices and implement them so we our companies will voluntarily comply with them so in

a sense this is setting up phase one of a self regulatory system more power to you i mean unfortunately i think given all these us you see subpoenas and everything is if we have watts of negative stories out there that once the regulators put those guys and gals you know put them in their place and find them that they may then come up with changes to laws rules and regulations so i hope that your efforts are successful in that you go about it is quickly as you can i'm thankful that you're out there a period boring the c.e.o. and founder of the chamber chamber of digital congress thank you so much for being free should it. and time now for a puny pause for the promotional cause but stay with us because when we return we'll talk with todd shipley of vero software about why the pentagon isn't listing still what's gone belly in efforts to build out artificial intelligence plus i'll let you know about a righteous robot that is out of

a job despite the fact that it performs as advertised and as we go to break here are the numbers at the closing bell stocks on the spot a small rebound with dow jones nasdaq and s. and p. all building up for the day we'll be right back. well you know that they were kind of adopted because we were called pirates for so long. i mean they're in the smaller boats next to the hard pool of ships and you stand. on top of. the limo selves to be told these already ninety percent of the guard on any loan become their. contemplations coops seventy five tons they do it several times a day with

a complete oh you get an idea right. we have to understand we can not stay still and just. be with this the deal for you the hours that. i'm doing this because i want them for the future world to future generations to have and enjoy the ocean we have. i played for many clubs over the years so i know the game and so i got. the ball isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money. and spending city to twenty

million. it's an experience like nothing else going to be true so i want to share what i think what i know about the beautiful game but great so well. and thinks. how does it feel to be a share of the greatest job in the world it's as close to being a king in any job there is one business model helps to run a prison now we do or don't like and nobody you know that is the case and i don't no one comes anymore we don't have to serve them anymore it's cost effective that's what they want to do that low and they don't give a damn if you do the jobs are not actually paying us to put them back into. the louisiana incarceration rate is twice as high as the us sandbridge what secret is behind such success.

welcome back according to euro stat male and female jobs in the european union continue to be segmented by fairly traditional job roles men remain primarily builders drivers metal workers laborers and health professionals while females are personal care workers cleaners office clerks teachers and health technicians. the u.s. securities and exchange commission is awarded eighty three million dollars to an individual one person who blew the whistle on bank of america in the second largest settlement with a bank ever the settlement a four hundred fifteen million dollars was reached in relation to accusations that b. of a misused customer funds and securities to generate their own profits placing billions of dollars of customer money at risk over a roughly six year period of time who says it doesn't pay to be

a tattletale plus the whistleblower helped his or her fellow bank customers bonus. archer daniels midland the largest global agricultural producer who markets itself as the supermarket to the world is going through yet another restructuring the second in three years as increase profits in the grain industry appear of eighty m. competitors bunky international which cut four hundred fifty million dollars in capital spending and cargill have also gone through a reshuffling in recent years with cargill changing its leadership team. saudi crown prince mohammed bin solomon n.b.s. is in the united states for two weeks and today he met at the white house with president trump one deal m.b.'s hopes to conclude while in the states is interesting the saudi arabian sovereign wealth fund is seeking to buy a ten percent stake for four hundred million dollars and devore l l c that's the world's largest talent agency the move is seen as part of the saudis effort to

build a sports and entertainment industry in the conservative nation where cinemas movie theaters until recently have been banned. the u.s. military is tapping the silicon valley to help them with artificial intelligence what's going on we're joined by todd shipley a vera software todd thanks again for being with us what's going on with the pentagon and still it silicon valley here and is it a good move. well thanks part for having me on today yes it is a good move in fact i think it's probably the smartest move the military can do right now because they've got to get in this game artificial intelligence is going to change you know how we perceive so many things on the internet now and teaming up with silicon valley is probably the best thing they can do in from another perspective too because the chinese are going full bore in this space and we have

to have the lead in this space to be able to combat anything that our foreign adversaries are doing in the same same field that brings up you know the decision that was made last week by c. fia the the entity that looks at whether or not we should be exporting any of our technologies and see if under the trumpet ministration said that broadband a currently singapore based computer company could not buy u.s. based paul com and in particular the concern was based upon the five g. capabilities that might be developed in that sense they were based in singapore that perhaps those could be shared with the chinese if you looked at these sorts of things in the past and is it a real issue and a national security issue that people need to be thinking about seriously taught. well yes definitely it's a national security issue in there's so many things involved with the technology in this space that most americans don't understand how effective they are look at what

goes into your computers your hard drives the technology that's there the chips that are manufactured none of this is being done in the united states anymore so it's is a big issue and we have to be considering what technology we're trading for you know profit expression when the companies are looking just about the dollar and not about what the security issues are going to be for the united states is that it let's let's distinguish between things like i mentioned five g. there let's distinguish between speed and true ai artificial intelligence because i think a lot of people don't know i mean anderson the difference tween speed in ai but but what is true artificial intelligence and what does it mean for the future. well i mean truly it's what we think about saif i that fact that you have a technology that can think for itself and make decisions based on a situation itself that's not what's occurring right now and we're

a ways away from that i mean we have a lot of things that we have to do to get there i know that there's some research mean done about how do artificial intelligence perceive things and is it really intelligent or not but right now we're not quite there yet at this point in time so we've got a period to work on that although things are escalating rapidly just last year we would have thought we weren't getting as far forward as we are but the technology is rapidly changing because a lot more companies are putting the money and the effort and the design into artificial intelligence to make it much better than it did it was just you know twelve months ago todd is that is it when you when you think about a it's above and beyond like autonomous cars i mean it's not just smart it's intuitive and it thinks ahead so exact so what sorts of things i mean you talk about saif and makes me think of terminator and and robo cops but but what is the cutting edge right now of a i what actual things are being worked upon in

a country or around the world for that matter well the thing is sure that the things that are happening right now are upgraded ability for programs to make decisions it's still an issue of a. computer having to make decisions about things when it approaches something if it looks at an apple and it looks it at an orange somebody pre-code saying i like the apple i don't like the orange did it point at when the artificial intelligence can look at an apple look an origin say i like one of the other based on other circumstances because of the color because of of the texture that's when we'll know things have changed rapidly but right now we're not quite there yet. two more questions for you well you could have a zillion questions for you but two more for this time todd so you're on and i know you're not a trader or anything but you may that may be interested to know and i'm interested in your comment there are traders the high frequency traders which are fairly adept at that their algorithms but even the largest of the large high frequency traders

at the new york stock exchange they want to have actual humans on the floor for a certain circumstances when things are pretty chaotic does that surprise you. well humans at this point time can still make the best decisions based on their understanding of the facts that's we're going to come into this field and i think we'll see it there probably sooner than later that that day trading is going to occur where these traders are going to actually be using this technology to make very fast decisions because that's what's occurring on the trading floor now it's hard for humans to keep up with the amount of traffic that's going through and these artificial intelligence programs will be able to make those decisions much much faster and we'll see it implemented there probably sooner than later right and i don't want to shift just a little bit for the last question because it's not necessarily about a but about hacking and you know we talk about hacking and we look at places around the world

and they've talked about you know north korea a lot and remember that so many hacked it was alleged that it was north korea you're several years ago but you've done these things so i mean you've been in law enforcement and looked at these things had associations on on these sorts of us security electronic security but how does a country like north korea with seemingly nothing other than nuclear weapons to offer their people i mean they're that per capita g.d.p. is like fifteen hundred bucks a year how did they have this place in the dirt the hackers and the capabilities to break what would seem like some of the strongest computer security systems in the world. well they're doing like every other hacker does they're dedicated the resources to learning to understand the systems and then they're probing it you say you we you want to move away from artificial intelligence but the thing is if the north koreans ever get a very well put together artificial intelligence package that can do probing on

networks they don't have to do the work the artificial intelligence to do the work and find out where the holes are and then the humans can just walk in the door and do whatever they need to do so it's scary that these countries have the resources to be able to put towards this but it's even more scary if they can break in steal a package of something or like we talked about earlier companies by this intelligence and move it overseas we've got some things to worry about touch shipley of various software we've got some things we are talking about further in the future we thank you for your expertise thank you for your time have a great day. thanks bart you guys have a great day too. and before we go and speaking of high technology and artificial intelligence a robot that is said to be able to flip two thousand hamburgers per day and was able to do it is now off the job the sixty thousand dollar bought named flippy isn't that cute was working well in pasadena california at cali burger and it's

said to have been able to sense a burgers temperature and know exactly precisely when the all important flip should flop but the human workers couldn't keep up with making the pad isn't time for the but so it has been taken offline at least for now perhaps they'll add some padding making but as we go forward with more high tech an artificial intelligence the question will continue to arise to bought or not to but that would be the question and that's all for this time thanks for watching and be sure to catch boom bust on you tube at you tube dot com slash boom bust our team will see again.

the front right in britain isn't just on the march it's taken violent my daughter's action light. years you know you know i sometimes will deny the actions which are usually split into which we take different names how do you view the. complex web of which are rushers. it would appear the more the political left and their allies in the corporate media kept donald trump the more we learn about the corrupt behavior of the deep state the firing of andrew mccabe at the f.b.i. is a case in point is this the beginning of a purge. when

lawmakers manufactured them sentenced to public wells. when the ruling classes protect themselves. with the famous merry go round of lives only the one percent. nor middle of the room sick. i mean real news is really. low.

because. russia says it regards the poisoning of a former spy in the u.k. as an ounce of terror while demanding answers to all answered questions. scores of civilians are killed as rebel shelling targets the suburbs of damascus and hits a crowded market. plus critics fear a new sexual consent. raising the punishment for rape in sweden will increase the number of false accusations. thanks for joining us this evening. this is r.t. international. the russian foreign ministry has said that it considers the

poisoning of former spy sergei scrip hour and his daughter to be an act of terrorism it's a briefing on the case with a number of ambassadors attending the event with details here's artie's nidia cheater. the foreign ministry spokesperson said a number of things firstly he reiterated that russia could have in no way benefited from the attack moscow says they consider this to be a terror attack secondly they stated that the u.k. refused to cooperate with russia which is against the convention on prohibition of chemical weapons and he mentioned the attack could have been orchestrated by another party but then clarified that russia is not pinning the blame on anyone and asked that his words not be distorted let's take a quick look. we see that the british authorities are becoming ever more nervous and it's clear why the clock is they have backed themselves into a corner they will eventually have to provide an increasing number of unanswered questions we expect from london and from you all been

a solution for the prohibition of chemical weapons and official. developments regarding the scruples we need comprehensive conclusions and detailed confirmation a spokesperson for the defense ministry also spoke out he said that it seems that britain is afraid to conduct an unbiased investigation into the scruple case and that the u.k. presented no proof that gas illegibly used to poison scruple was made in russia he went on to say that the formula of the subs and not the child was published by scientists. who is working with the us government the russian foreign ministry went on to talk specifically about britain and said it was and is one of the states that have been implementing a program on the development of new chemical weapons since one thousand nine hundred seventy s. he added that the porton down lap in britain is used to conduct instruments involving use of chemical weapons now we did have a reaction from a london embassy spokesperson who stated that moscow doesn't have to present

anything in terms of script or case but is ready for a joint investigation london has proposed russia a dialogue over this case however it doesn't see a constructive approach from moscow now the ambassadors that. did not attend were britain u.s. and france britain and the us sent embassy workers instead a crimp spokesperson reacted to the u.k. decision by saying that it showed and willingness to hear russia's aunt says to its questions that moscow to date has denied any involvement in the attempted murders of. the russian former intelligence officer and his daughter you were allegedly poisoned insulting both of them remain in a critical condition and so this diplomatic spat that has gone on for a while now looks to continue to go on for some time. in my view case foreign secretary boris johnson has said that he believes that the script poisoning leads back in action to the kremlin citing a number of allegations but claiming he doesn't want

a new cold war well i want to be very clear that we do wish to engage in a new cold war i deprecate that term i don't want i remember. the road so to walk. putin the way you see one hundred thirty six years i think the comparison with the six is is right the russians as ever responded with a. distortion and. that is their tactic the. this information middling in european election campaigns to say nothing of election campaigns. feeling that russia is going to be moved. russian foreign ministry spokesperson as a car of a has reacted to boris johnson's remarks especially his comparison of the upcoming world cup with hitler's olympics of back in one nine hundred thirty six he does

that comparison unacceptable and an attempt to portray russia as a common enemy i discussed the development earlier and the institute of democracy in cooperation empowers. britain needs to. relations with russia in order to increase its worth you know of all the comparisons of all the historical comparisons one could have drawn that really is the most hackneyed and the most frankly stupid and boring he says that the trail of evidence leads to the kremlin but the metropolitan police which is investigating the matter says the affair is very complex and will last weeks or months those two statements cannot both be true why is scotland yard wasting time why didn't they just asked morris for the evidence that he can give it to them and they can go on investigate other crimes instead so this is all a load of absolute nonsense. as tensions between russia and britain

intensify the us president decided to improve american relations by congratulating bloody emir putin on this election when sparked outrage among some politicians and also parts of the media trumped defied his national security advisors it was not to congratulate the russian president picks up the story. trump's gone and done it again something completely normal but it struck so what the hell lay into him he called putin and congratulated him despite very clear instructions not to literally his brief said do not congratulate in capital letters according to an anonymous source not that that bothers anyone these days do not say congratulations on capital letters and the president gets on the phone with them and says congratulations you shouldn't be congratulating president putin for the share my election but he just did it anyway being dangerous strong man who is

threatening western democracy that requires a strong sponsor so dark some call up or say. putin's critics and haters bristled with indignation john mccain's twitter account always hyper sensitive to all things putin blew up it was mccain teed off president trump insulted every russian citizen who was denied the right to vote in a free and fair election to determine their country's future probably best not to show mccain the margin by which putin won he's old and frail but twitter o'boy twitter do not congratulate actually trended and they came up with some pretty funny stuff do not stare into the sun followed by a picture of donald trump apparently staring into the sun that silly and not good for you then a picture of mike pence touching something that clearly has

a do not touch sign on it funny because he shouldn't be doing that and this guy has do not congratulate on his organ donor card so if he dies don't congratulate him get it come to think of it i've seen funniest stuff but it's trump they'll take it and for. any opportunity to bash him even if he does something normal that's called protocol and there are many countries from around the world that when someone. wins if you will an election that you pick up the phone and you place that phone call angle of merkel and emanuel also congratulated putin many others did too some god like for it some didn't it's nothing personal but thing to do with like or dislike just protocol you're going to have to work together anyway but these days not even that flies john claud younger president of the european commission he got

flack nor seating and shameful they call it now a few years ago they called it diplomacy but down with the old let's all behave like angsty teenagers and post funny pictures on twitter. a series of missile attacks or struck government controlled suburbs of the syrian capital killing at least forty four people but. it was three of my relatives are injured my wife and daughter are in surgery right now. my son told me he wanted to celebrate mother's day with me so i told him let's go to the market she bought a cake i was buying sweets and the explosion happened i saw only a lot of dust and my children under the table. the.

local state media say the rebels in eastern guta the ones who carried out the shelling attacks many of the victims died when one of the rockets hit a crowded market local journalist the library him visited the site. this is one of the largest single rocket strikes that ever had the syrian capital damascus since the beginning of the conflict back in two thousand and eleven the rockets hit a popular mall in the marketplace that was very crowded at the height of people shopping because today people interested operate mother's day and medical or out buying their gifts yesterday and when the shells hurt leaving the stock number of. civilians into her particular stock. when we got outside we couldn't see anything because of the dust a real massacre i swear wouldn't wish anyone to witness a scene like this it's really saddening and the past forty eight hours the syrian army was able to make substantial gains and you saw the sermon.