this is going bust broadcasting around the world from washington d.c. i'm bart chilton coming up today we'll talk artificial intelligence and investing with the c.e.o. of rebellion research alexander weiss this is going to be good plus ashley banks takes a look at we were the shared and unconventional work places that startups and entrepreneur printers are using and is the debt burden on millennial is just too much to take we'll talk student loan debt and the impact with just one garcia the president of the united states student association who joins us here live in studio and alex behala bitch when i talk about drugs well specifically drug maker prospects and the

cost of drugs and a bit about the war on opioids we're packed tighter than a drum outside the white house this afternoon let's have some fun first to some headlines. five thousand pilots to jet blue have voted to unionize choosing the airline pilots association or p a as their collective bargaining unit the third time was the charm for the pilots who were defeated by management in two previous attempts at union representation since two thousand and nine they joined fifty thousand pilots represented by. at delta and united the boat was roughly two to one in favor with just over four thousand ballots cast from the forty seven hundred eligible pilots ale ph says that while they start forming committees to negotiate the airline's first collective bargaining agreement their newest members are immediately entitled to union medical advisors and insurance benefits. and other labor news workers supply is getting so tight in the rail sector that

competitors union pacific pick and b n.s.f. railway are both offering hiring bonuses as high as twenty five thousand dollars almost brassica based union pacific is offering signing bonuses up to fifteen thousand dollars for diesel mechanics twenty thousand for members of the train crew and twenty five thousand for diesel electricians according to the lincoln star lincoln journal star aspiring diesel electricians can get ten thousand dollars for joining the apprenticeship for that position the wall street journal says that union pacific and b. n.s.f. planned to hire a total of four thousand new workers this year to help them ease congestion while the rail system is seeing increased demand. the european commission vice president for digital issues andras and is pushing again for a so-called cookie law to protect privacy online in an interview with london's financial times ansip said there is

a clear public demand for rules on the confidentiality of communications and to ignore it from politicians is pretty dangerous and subsided support above ninety percent among citizens for action on the issue the commission has proposed regulations on privacy to e.u. member states to supplement the existing general data protection regulation set to a take effect in may the new proposal would require advertisers and senders of e-mails to expose explicitly seek consent before internet users are used with cookies. you tube says they removed over eight million videos between october and december of last year in their first report on enforcement of community guidelines they say that six point seven million of the eight point three million banned videos were flagged by machines based on algorithms and never reviewed by an actual human person parent company google has previously said it would hire ten thousand more moderators for the site but those are the folks that are actually trusted

flaggers which prioritize complaints from government agencies and some advocacy groups or reports on inappropriate content aimed at children were published in march by wired magazine some users have also complained about arbitrary removals and double standards with regard to some political content and now we move to artificial intelligence and investing when most of us think about artificial intelligence or ai we think of the movies. you know a distant future. in an age of intelligent machines. is the story of the sick child programs to love. but more and more is being used by investors not only large institutional investors the pension funds etc but it's average retail investors who are acquiring alpha in their investing portfolios here discusses a c.e.o. of rebellion research alexander flies to joins us from our studio in new york

alexander thanks for being with us you've been you've been bringing a i am machine learning to asset management for a while and not just to the big boys and girls but to retail investors this might it first sound a little scary to average folks put why is it safe and secure why is that a good place to invest money. first thanks so much for having me on bart good afternoon and i really appreciate you taking the time you know represents an ability for our society to have more quality than we've ever known and so with our algorithms we're able to offer hedge fund beating returns to retail clients in twenty eight countries around the globe with a minimum account of five thousand dollars so we're really trying to take charles merrill the founder of merrill lynch as idea of wall street to main street to really the next level and we're trying to offer of the best of wall street to all of main street globally now standards so you know the spooky factor in

ai may be overblown but isn't the real benefit of what you do and what others in ai do is just that there's so much data out there that drives markets that for a human to do it is really a tough deal i mean even if they could by the time they analyzed all the things they have to analyze it be probably you'd be behind the curve on making a trade is that the just what we do about sixteen million calculations every night when we have to inform on what is about one. and what are you looking at you look and you say all around the country all around the world that. we're looking at fifty four countries as economies you know so we started with the g. eight and you know over the last few years we've expanded as more and more economies have offered their data online and accessible to our deep learning systems so you know we really are trying to be

a robo economist at heart now when you when you talk about that it makes me think that there are times i know some folks who run h f t's and they still like to at some point have some human control are we at the point where really ai is it and the only thing or is there some need for humans in investing oh i think there's some need for humans i mean the needs to be kept in its place the need to be safety guidelines. you know it's been seen that the best chess systems in the world added with just a little bit of human intelligence outperform on average other systems just a little bit of human intelligence makes one prediction system much better than the others so you really the best is a waiting of robo plus human beings the the folks i've spoken with like an a m y

s e they say you know there's a time like particularly when things are crazy at the opening of a close where they really want to look in a trader's eyes to see what's going on we showed that little clip at the beginning of the segment about the you know the boy the ai robot boy who actually loved is there a motion that can be actually built into artificial intelligence trading alexander . that emotion is the hardest thing to build and you know i say we're at the dawn of the dawn of artificial intelligence and when it comes to emotions our technology is still quite where i'll really quite unimpressive that's you know twenty thirty seventy years down the line. so you know we're looking at being unemotional for a positive angle in that when we see in greece instance in two thousand and nine an

economy that's going down despite markets going up and everyone you know pouring money into it are our system will say greece is terrible and will sell everything in greece months before anyone is kind of accepted the data yeah you're a lot of credit alexander for calling that ahead of ahead of most people let me ask you about a couple of circumstances say for example you look at facebook in january of this year or amazon in january of this year and then you look at them now after facebook has all these public relations problems amazon's being tweeted to death by the president theoretically i mean how do you look at that how does that how does a i look at bad in trading. we do well a lot of our data comes from sentiment comes from pricing sentiment it comes from management sentiment so as the holders of facebook turnover are waiting a facebook will change our weighting of an entire country can change from positive

negative in as little as ten days so you know we can be quite dynamic. so what do you see around the corner on ai what's the next big thing alexander. well let me add that in february when we had quite a bit of a sell off our technology sold a number of value stocks at like four stocks and had gotten so sold off they became more favorable so you know is that emotional no but you know it's it's definitely wise and it's definitely very opportunistic. and if there is no fundamental economic follow through on a sell off then the system will deem the sell off as an irrational and irrational reaction you know alexander fleiss we appreciate you being with us really interesting stuff we hope you are c.e.o. of rebellion research going to thank you but i bet you already knew i was going to

thank you thanks alexander rebellion research dot com. and we worked a shared office space company valued at twenty billion dollars is seeking to raise money more money this time from debt investors with the sale of we work bonds the pitches to potential investors are reportedly to begin this week over the past seven years we work has raised almost seven billion dollars through various equity investments including that of japan's softbank we work is doing well and on a high as company sales increased more than two times last year to eight hundred eighty six million dollars. have you ever wanted to trade in your business attire for let's say something a little more comfortable or sit on the cultural performing your daily work routine while you can with the we were we work is an american company that has been providing shared work spaces for eight years the company designs and builds

physical and virtual shared spaces and office services for companies who are looking for an unconventional work environment we work is geared towards entrepreneurs' freelancers startups small businesses and large enterprises experts say where you work matters ordinary work spaces do not always enhanced employees performance mood or efficiency or in bracknell managing director at dale office interior says quote creating different workspace environments within one office adds great flexibility having quiet areas collaboration areas and sometimes even game areas can really help employees to perform at their best as about having choice to work in a way that best suits the task on hand and order to enhance employee performance experts suggest employers should create a space for relaxation for quiet space for private work and best and better technology provide access to natural light and add artwork jenna berman marketing

and communications specialist at nation's photo lab says quote it's proven that working in a space surrounded by artwork leads to an increase in creativity not to mention if you're meeting with clients and makes your space feel more welcoming and professional the harvard business review finds people who are in co-working spaces thrive better than those who aren't as they see their work as meaningful and feel like they are a part of a community and experts say this way of working could be the future of doing business in washington actually banks are taking. ten time now for a quick pause but stick here because when we return it is the debt burden for my. just too much to take discuss with jocelyn garcia the president of the united states student association plus alex mahela bitch and i talk about drug maker profits but the cost of drugs and the ongoing war on opioids as we go to break there's been a big sell off today in markets the fifth straight day for the dow we haven't seen

five down days since last march a year ago mark and nasdaq is down for the fourth day in a row and your other numbers will be right back. the city of luxury and face. an alarming number of people living in the streets. simple fact and now ladies there's just not enough shelter even if people on the streets right now decided to come in there's nowhere to come in it's been a struggle. this man phoned his own response to the problem and constructed dozens of tiny homes for people in need of shelter when you have nothing in order to go. you know having something like this may as well be a castle to the authorities a. tiny house on

a city parking space is not a solution. to have someone wanted touring the site otherwise it'll be a free for all they're a better alternative to end the homelessness crisis. because there's survival guide books they say they're going to start saying. oh there you go. oh. good repatriations look at the rest is seven there's. still a separate kaiser for.