this might be the big investment frontier a dive into quantum computing is coming up. live at qualcomm investor day in new york. ceo on "tech check" this hour. >> can't wait. we start off with the sell-off in cryptocurrency. bitcoin below 59,000 this morning. ethos 6% during a press conference they said that the country will continue to, quote, clean up virtual your honor currency mining bitcoin is on face for a fifth straight day of losses the current price takes us back to a few weeks to levels at the beginning of november. ned siegel says it doesn't make sense to put crypto on the balance sheet. make not the tone you would expect from jack dorsey's fellow exec have a listen. oh, that's what he said. so, guys, there wasn't much more than that. and so it's hard to see this as a very -- signal square has made a big bet on bitcoin. it's not all that surprising that the cfo of twitter would say they are not holding it on the balance sheet. there is a lack of accounting rules allowing companies to do so very easily, john. >> for square, it's one thing. they have got an au

it was called the quantum era in economics and technology. of course, it's the quantum era.the whole semiconductor industry and its history was based on manipulating matter from the inside in accordance with quantum principles. all technology, all our computer technology is based on quantum physics. quantum fizz sikz the theory of the microcosm, whatever. the problem is connecting these -- the system to the real world. what they call quantum computer does is abandon the binary on/off switches that have been the salvation of computers and use q-bits which are more complex analog systems. quantum computing is really a return to analog computing. analog computing was displaced by digital computing, not because analog computing wasn't faster and it didn't correspond more closely with the real world but because in analog computing, making a -- analog model of the world takes endless details, map ing of the real territories and textures of our actual existence onto the computer. so analog computing -- quantum computing is terrific, but it imposes the whole burden on the human mind

and of course it's the quantum era.he whole semi conductor industry which microcosms describe and in its history was based on manipulating matter from the inside in accordance with quantum principles. so all technology, all our computer technology is based on quantum physics. that quantum physics is the theory of the microcosm, the nano costume, themicrocosm, whatever . the problem is connecting the system to the real world. now, what the quantum what they call quantum computer does is abandon the binary on off switches of boolean logic that been the salvation of computers and use of its which are more complex. these analog systems so quantum computing is really a return to analog computers. and analog computing was displaced by digital computing. not that the analog computer wasn't faster and more capacious and did correspond more closely with the real world but because an analog computing basically an analog model of the world takes endless details, mapping of the real territory and textures of actual existence on the

background into the analog realm where it incurs quantum uncertainties in the quantum world. >> the human mind, again lehmans, human minds and set up systems that can then maybe run artificially better than the human brain can runem them but what they can do is imagine and create systems outside of that system in theou human mind seems to be able to radically transcend systems of meaning and introduce meaning angles and it generates creativity and if those people in charge of the industries deprecate the creativity, they end up putting their own enterprise on the road if not failure, at least less creativity, is that right? >> creativity always comes as a surprise to us. >> i hope your colleagues in this industry across the bay here in silicon valley not far from where we are here at the independent institute on the other side of san francisco bay, i hope they pay attention to you because if not and ifom you are right, it might be they will be overtaken in creativity because it will deprecate the qualities that made their business work. it seems like a terrible shame, they should pa

i wrote a book about quantum computer. >> you did. what was the title? >> microcosm and that was published in 1990 like 89-- 1989 and microcosm was economics and technology and of course the whole semi conductor industry which microcosm described in its history was based on manipulating matters from the inside in accordance with quantum principles and so all technology, all computer technology is based on quantum physics. quantum six is the theory of the microcosm, the nano cause him whatever and the problem and the problem is connecting this system to the real world. now, what the-- what they call quantum computer does is abandon the binary on off logic that has been the salvation of computers. [inaudible] analog systems and so quantum computing is really an turn the analog computer and analog computing was displaced by digital computing not because analog computing wasn't faster and more capacious and didn't correspond more closely with the real world, but because an analog computing making a model analog model of the world takes endless materials, map

and we now have the illusion of quantum computing. i wrote a book about quantum -- >> you did. what was the title of that book? >> that was called "microcosm" and i believe it was published in 1989. and "microcosm" was at the intersection of economics and sociology and technology. its history was based on manipulating matters in accordance with quantum principles. and so, all technology, all computer technology is based on quantum physics. quantum physics as the theory of the microcosm or the nanocosm or whatever. the problem is, connecting this to the real world. with what they call the quantum computer, what it does, is abandon the binary on off switches of bullying boolean logic and they use qubits that are more complex, to analyze the systems. and so quantum computing is really a turn of analog computing. and analog computing was complacent by digital computing. now that analog computing wasn't faster and more capacious and didn't correspond more closely with the real world. but because analog computing was making a model, an analog model, of the world's. it takes endless d

now what the quantum -- they call the quantum computer, what it does is using the binary use and logic that had been there, in salvation of computers, and they killed that switch. it's a more complex analyzed system, and so quantum computer is really the analog computer. >> mm-hmm. >> and analog computers were displaced by digital computing not because analog computing wasn't faster and more efficient and it didn't show us the role world, but because an analog computer making a model and analog model of the world takes almost -- the symbols, the mapping, the real territories and textures. >> mm-hmm. >> it takes it onto the computer, and so analog computers -- quantum computers are better and poses the whole problem on the human mind and programming. the problem gets moved into the analog one where -- where it encouraged all the complexities and quantum uncertainties and attacks the quantum world. >> so the human mind, again, layman's term. the human mind can't -- so set up close systems which can then maybe run artificially better than the human brain could run them. but what that syst

leapfrog countries and companies racing for the powerful quantum computers. one is going toe to toe with china in the process we'll discuss. i'll shoot you an estimate as soon as i get back to the office. hey, i can help you do that right now. high thryv! thryv? yep. i'm the all-in-one management software built for small business. high thryv! help me with scheduling? sure thing. up top. high thryv! payments? high thryv! promotions? high thryv! email marketing? almost there, hold on. wait for it. high thryv! manage my customer list? can do. will do. high thryv! post on social media? hash-tag high thryv my friend! get a free demo at thryv.com. >>> welcome back i am rahel solomon here's your cnbc update. a key senate democrat calling for firing of the federal prisons director following associated press report that found that the agency failed to suspend numerous prison workers who were arrested for crimes the ap found more than 100 bureau of prison employees have been arrested, convicted, sentenced for crimes since beginning of 2019. >>> a coast guard helicopter

and so all the technology and all of the computer technology is based upon quantum physics. and it's all part of it. and the part of it is connecting the system to the real world. and what a quantum computer does the binary logic that builds of salvation of computers, which are more complex to analyze the systems and so the quantum computers are really an analog computer. analog computing was part of the computing and faster and more capacious and it didn't cause problems more so than the real world though because the analog computers making a model of the world and the details and the mapping of the territory as well is a part of it with the computer. so the analog computers, to their effect imposing the whole burden of programming and the problems that move into the analog where it incurs all the complexqu uncertainties and schrÖdinger is. >> okay,an so the human mind sot of set up the systems which can then be run artificially. so what that system can do is imagine and create systems that are outside of the court system to be able to transcend these systems and introduce

which depends on the weirdness of quantum physics and which the ceo of quantum start jum ion q triedo explain to me. >> in the classical computer what it would do is it would look through each and every possibility in the maze. but in a quantum computer it can look and solve the entire maze all at once. >> it runs every path shutly. >> every path simultaneously solves it in the same time it would take the classical version just to look down one dead end. >> then there are the security implications >> if we look at our website about half the traffic is from china. occasionally you see somebody trying to hack the website but i could let people know, the website has nothing to do with what we're doing here. >> but the truly mind bending piece of this is what cha chapman says quantum computer has the power to do to our economy and the way we live. he believes future generations of quan up computers will be much smarter and faster than human beings that will revolutionize sire industries and become so efficient that there might not be a need for people at all. >> i mean if we get to a poi

quantum stokes will be at the forefront of this. nvidia, nfts and quantum computing are metaverse. you something, sarah, i would like a spongebob nft, that is all i'm saying. my first dive in nft, if it could be a spongebob, kong versus godzilla, that you sold me there. thank you very much. appreciate it. >>> we call wall street rotating out of tech into value before it happened. now it appears the suits are going back to try the same old watering hole. the question should you be following along. we'll find out. we'll be right back. (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. [gaming sounds] [gaming sounds] [gaming sounds] just think, he'll be driving for real soon. every new chevy equinox comes standard with chevy safety assist, including automatic emergency braking. find new peace of mind. find new roads. chevrolet. i've spent centuries evolving with the world. find new roads. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element sec

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when you skip the rinse with finish quantum, you save up to 20 gallons of water each time.tor about living longer finish quantum with activblu technology has the power to remove the toughest stains without pre-rinsing for dishes so clean they shine. join finish and skip the rinse to save our water. >>> tonight, the verdict in the high profile ahmaud arbery case. three white defendants found guilty of felony murder. arbery, a black man shot and killed while jogging through their neighborhood in brunswick, georgia. >> guilty. >> oh! >> arbery's father screaming out as the first verdict was read. the judge ordering him removed from the courtroom. the defendants each facing life in prison. arbery family supporters celebrating outside the courthouse. his mother saying she never thought this day would come. steve osunsami and dan abrams standing by. >>> the thanksgiving getaway hitting its peak. more than 50 million people traveling over the holiday. highways jammed with cars. drivers facing the highest gas prices in years. airports packed with passengers at near prepandemic numb

when you skip the rinse with finish quantum, you save up to 20 gallons of water each time.tarted. finish quantum with activblu technology has the power to r for dishes so clean they shine. join finish and skip the rinse to save our water. dion: well, you've got to before you could run, right? and for some, you've got to run before you can eat. a turkey trot this week. runners and walkers completed the 5k loop around the lake, finishing on grand avenue near macarthur boulevard. nearly 3,000 people participated . and you couldn't get any better weather. sandhya: that's right. if you're going to step outside and go for a walk, it's still comfortable outside. high-pressure dominating our weather. pacific northwest getting precipitation. we need the rain, but it's not in the cars for the next seven days. high temperatures in the low to upper 60's. but get down towards gilroy, santa cruz, low 70's, even mid-70's. hard to believe the high-pressure ridge is providing us with the down sloping wind, which brought the warmth. it's also responsible for red flag warning's going for sout

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and they say health care and biotech will be applications for quantum.ody is talking about it you are starting to see the money pour in. kate it's fascinating. i know you watch robinhood >> there has been a board shake-up frances frei is joining the board. she is seen as a fixer she joined uber's board after there was a bit of controversy she is a person to come into fast growing high flying startups and clean things up robinhood has had a series of missteps, but an interesting shake-up on the board of robinhood. >> mike, remind us again where robinhood has traded >> down in the 30s about 60% off the high the high was a brief spike after. especially compared to other brokerages it's abig -- i think a post honeymoon hangover for the business the fact they were at the peak moment, crypto and meme stocks it's long-term get the governance right and convince people their model will endure >> by the way, tomorrow you don't want to miss an exclusive interview with jack lew on closing bell at 4:00 p.m. eastern time an interesting time to discuss all sorts of mac

when you skip the rinse with finish quantum, you save up to 20 gallons of water each time.areas.m with activblu technology has the power to remove the toughest stains without pre-rinsing for dishes so clean they shine. join finish and skip the rinse to save our water. dion:ye lans been. they deserted tribal land for 19 months. the abc 7 originals documenting -- documentary tells the story from the beginning to its dramatic end, and how it shaped public policy for decades after. >> we called ourselves indians of all tribes because that's who we were. we were frustrated and upset that had happened to our people. >> american indians unexpectedly stormed to shore on alcatraz. >> we do not fear your threat to charge us with crimes on our land. >> along d feel you can stay here? >> when hell freezes over. >> we're not leaving alcatraz. dion: that was just part of the documentary. you can watch the entire thing on our abc 7 bay area connected tv app. and that's all the time we have for this edition of abc 7 news at 5:00. i'm dion lim. stay with us. stay with us. we'll see you back at 30

when you skip the rinse with finish quantum, you save up to 20 gallons of water each time.tum with activblu technology has the power to remove the toughest stains without pre-rinsing for dishes so clean they shine. join finish and skip the rinse to save our water. >> if you're cooking a thanksgiving meal this year. experts say it's going to be more expensive. but by now you probably already know that republican lawmakers say the biden administration is to blame but democratic lawmakers say it is the poultry industry our dc correspondent anna wiernicki reports now on how lawdakers are calling on the department of justice to investigate. >> this year's thanksgiving feast is costing americans more according to the american farm bureau, a dinner for 10 is up 14% compared to last year and the most expensive item on the table the turkey cost of frozen turkey is the highest in history. >> things like potatoes, butter. pumpkin pies. even saul cost more than they did a year ago. republican senators john cornyn and john kennedy say americans are paying more for nearly every ingredien

when you skip the rinse with finish quantum, you save up to 20 gallons of water each time. to remove the toughest stains without pre-rinsing for dishes so clean they shine. join finish and skip the rinse to save our water. kevin! kevin? kevin. oh nice. kevin, where are you? kevin?!?!? hey, what's going on? i'm right here! i was busy cashbacking for the holidays with chase freedom unlimited. i'm gonna cashback on a gingerbread house! oooh, it's got little people inside! and a snowglobe. oh, i wished i lived in there. you know i can't believe you lost another kevin. it's a holiday tradition! that it is! earn big time with chase freedom unlimited. how do you cashback? chase. make more of what's yours. one role of a lifetime...one sore throat. but she had enough. she took new mucinex instasoothe sore throat lozenges. show your sore throat who's boss. new mucinex instasoothe. works in seconds, lasts for hours. >>> we are following breaking news out of waukesha, wisconsin. a car has plowed into a crowd gathered for a holiday parade. moments ago we heard from a newspaper intern. s

while einstein was recruited to quantum theory, he wanted to work on his theory of relativity.comes in a couple of different parts. the first part was called the specialty of realty that he published in 1905. and as the name suggests, that applied to only very specific and restricted situations. it was applicable to many different kind of circumstances that you might be interested in. what einstein wanted to do -- and he really hadn't had the time to do this, was create what he called the general theory of relatively. this was an attempt to extend his conclusions from 1905 to literally the entire universe. to all the conceivable situations in which one might be interested in the laws of nature. and he opened that moving to this new position in berlin, he'll be -- he has very few teaching responsibilities, very few administrative responsibilities. but the hiccup turned that he had been having an affair with a woman in berlin for some years. upon moving to berlin with his family, instead of being able to throw himself into his science, he had to deal with some extremely rocky rel

intelligence warns quantum is one of the five technologies crucial to the 21st century and china andiscoveries. >> this the a giant grid people are working hard. >> the first anchor element was instilled in the hotel >> the technical and security challenge these guys have at the same the universitypresident said he's tried to strike a balance between security and open research here. >> the security agencies, like the fbi and others alluded to us to issues where there has been espionage. we do have to be careful about that i think that's a reasonable expectation of the university. >> now, at ion q the quantum computer is already being use from customers to google to goldman sachs and they're seeing intense interests from outside the united states. >> if we look at our website, about half the traffic is from china. >> half? >> half. >> from china? >> yep people are visibly posing and trying to do various things trying to get through it >> so, guys, the kwauntd up computers at irqs are real they're in their infancy one will be finding scientists to write the programs to run on these tre

how about i sang quantum by how you can find to long take why my long nathan n a t y is set to base n column is holl, blah, blah, blah, by little problem on how t got betsy. nanette, man, me haunt, i'm new in my c s. she reading which ne, with the law how am i going to make made with any plan that it was, are doubled. i'm a little grandma, i want him to the, to my like to my home. i mean, a, i love to does that, i'm different than damage done what he told me to come with a little bit again, put them on a maybe a little bit with blank that he load 80 by heck, up one. i'm sure which one they called say, well, my can eat my pork how columbia. i swear to god. i don't know whether a human that bad bad like mine completely. a fact he cock one, my god. that was really the only but you gotta do it. and then by then the dana, i will go to my bait to settle this here. yet what sale going into daddy been going up? i gave you the unit the up when you get it today. should i bring up a commission unit or? yeah, yeah, that was it. i let me did. he should have much or i don't think it ellen beginning

now, wow, me a, some bro, kini la python, yet how about i sang quantum by how you can find to long take, why my long nathan n a t y is set to base it column is holl, blah, blah blah by little bomb dropped on how he got betsy nanette. man me haunt, i'm new in my c s. she reading, which ne, with the law how am i going to make, made with any plan that it was that double the lumber, little grandma, i want him to the, to my like to my home. i mean, a, i love to does that. i'm different than damage done what he told me to come with a little bit again, put them on a maybe a little bit with blank that he load 80 by heck up one. i'm sure which one they called say, well my can eat my pork how columbia. i swear to god. i don't know whether the human that but bab, with mine completely, a fact. he cock one, my god. that was really the only thing we gotta do it. and then by then the dana, i will go to my bait to settle this here. yet what sale going into daddy been going up? i gave you the unit the up when you have a good answer. die and bring up a commission unit. oh yeah. yeah. that was it i let me

my son quantum by how long a while no my long nathan in the place that he called me la la la la by lieu dropped on how he got mad at me. honda knew in my c as she read, which ne, me the fella my how home i'm with any plan that is that double the lumber, little grandma deductible and i want to get a mile like tomorrow. i need to below a dozen different and i'm a gym with me dot com with a maybe a bit more blank that hello de at the bye heck, up one. i'm sure which one they called say well my can eat my whole cocoa piece. i swear to god, i don't know what i'm a human that but a fact peacock with william, i gotta do it and he's gonna i will go to my bank to settle this year. yeah. what sale going into daddy been going up? i gave me your name. yep. when you have a good day and should i bring up a can be sure you need to. yeah. yeah, that was it. i let me did. you should have my eyes . i'm thinking i'm beginning yeti. i don't let me did he did. he said they do a pick out on that. but it was answered, leveled up a neat window window. hold on, i should any i pulled and go shahan. when i put on

i sang quantum by how are you planning to long take mama my long evening. mm. see where is that too busy? now? column is ha blah blah blah by little problem on how he got betsy nanette, when me haunt um no. in my cs she read you what you need with the law, how home with any blood that what does that double the little grandma and i want him to the, to my like, i mean below a, i love you. the 2nd one that i'm a gym with, i'm with a little bit again, put them on a maybe a little bit with blank that he loads at you. bye heck, up one. i'm sure which one there cause i well on my can eat my pork how columbia. i swear to god. i don't know whether i'm a human, but they're little mulatto mind. go click, go your fatty cock one. my gun. that was really damage. we gotta do it. then by then you dana, i began my bait, the cell is here yet what sale will get the getty been going up again? she will, you know, the up when you have to deal with that and in doing it, but the base unit. oh yeah. yeah. that is it l m, you did you should have much or i something else beginning yeti.

ama: optimism in the bay area when you skip the rinse with finish quantum, you save up to 20 gallonsach time. finish quantum with activblu technology has the power to remove the toughest stains without pre-rinsing for dishes so clean they shine. join finish and skip the rinse to save our water. >> building a better bay area, moving forward, finding solutions, this is abc 7 news. >> we, the jury, find the defendant travis mcmichael, guilty. >> we find the defendant william r brian guilty. dan: the jury today convicted three men of the killing of ahmaud arbery. the men claim they thought he was a burglar. >> it was huge, we finally the justice he deserved back in 2020. ama: travis mcmichael, gregor ge mcmichael and neighbor mandatory life sentences. the men's attorneys say they plan to appeal. dan: so many have watched this trial as a measure where the nation stands on social justice. ama: our anchor liz kreutz reaction to the verdicts. liz: the guilty verdict has led many to breathe a big sigh of relief. >> of course i was really elated once the verdict came in. >> the co-founder of c

how about i sang quantum by how you can find to long take why my long nathan t. where is that? t based in column is hall, blah blah blah by little bomb dropped on how she got betsy nanette when me haunt. i'm new in my c. as she reading which knee with sa pharma. i made with any plan that it was that doubled. i'm a little grandma, i want to get a mile like to my house. i mean below got to go to a lender behind on me. i love you to sac. i'm different than damage done what he told me to come with a little better going put them on, you know, a maybe a little bit with blank that he loads at the by heck up one. i'm sure which one nick hot. i well on my can eat my poor coke alone. pete. i swear to god. i don't know whether i make you mad at. but bab little mulatto. mind completely fat peacock when my grandmother's william, i gotta do it at that by then the dana, i will get my bait to settle this year. yet what sale going into daddy been going up like a windshield unit? the up when you said he thought he had to die and ending up. okay. base unit. oh yeah. yeah. that was it. i let me di

the "quantum leap" star passing away overnight.his morning, tribesut pouring in f torhe oscarom ninated actor. > and fr womest phileladphia htoollywood. >> tt'has the moe vistar walk. >>s ithat whatht at is? w>>ill smitpuh lling ba tckhe cuairtn on whoe wthink wi ll smh itreally is. >> and you s caylearly, atth's not me. isth book is about me, and u'yove bnee foongli us for 30 years. >> t ghelobal surspetar liftg in e veil. >>e' wd never lktaed aboutve er fobere. on his ilchdhood trmaau. >> ts hiwas the rsfit time imyn life where i felt like i had suffered enough to be able to have something vuaalble to s.ay hisar mriage. >> don't try this at he,om children. >> a tndhat oscabur zz for h is nemow vie “ngki richar”," as he says -- >> good morning, amecari. > good mniorng, amera.ic nodybo like wi sllmith and i cannotai wt to seehi ts terview. >> sous ndlike he'pus tting it l out ishe tre. >> hisoo bk, he relyal goes there ant.d j. has aev realing nversati wonith him. >> tt hais going to come up. >>> we bineg with theea ddly concert in

gmc when you skip the rinse with finish quantum, you save up to 20 gallons of water each time. when younce through gm financial. finish quantum with activblu technology has the power to remove the toughest stains without pre-rinsing for dishes so clean they shine. join finish and skip the rinse to save our water. clinics >> building a better bay area, moving forward, finding solutions, this is abc 7 news. abc7news.com >> tonight concern is growing over newly identified variant of the coronavirus. several countries, including the united states announce new international travel restrictions. dan: you're watching abc 7 news at five :00. the world health organization has names this newly detected variant in. the virion was first -- in variant was first identified by south african authorities. it is a virus of

for now it is business as usual but any potential fallout cannot be quantum -- quantified yet.aroline: that's the view -- romaine: that's the view in china, but this is a global phenomenon, particularly in developed nations. youtube is having a weeklong livestream event where select social media stars are going to sell products directly on the platform and this is kind of the rise of what we have seen, the influence of social media as a shopping destination. remember joe weisenthal who used to host this show a few years ago? i complimented him on a tie and he said he got it on instagram. now if you like everybody gets that. sonali: some calling this an anti-synergy e-commerce move. romaine: this is bloomberg. ♪ >> from the heart of where innovation, power, and money collide, silicon valley and beyond, this is "bloomberg technology" with emily chang. emily: debates continue to rev up. he planned to sell

the ev battery makers flip it over to them they are going higher quantum escape, plug power surging with romeo power they are all moving higher with quantum escape really taking the lead here up 21%, but then take a look at the ev makers themselves. fiskar is not doing as well as everybody else because it had disappointing third quarter earnings still in the green by about 1.25%, but ni kla 10.5% to the upside here, kanu up nearly 6% and workhorse jumping about 4%, all cruising along, but where's the ev king? well, look at tesla. tesla is falling about 3% after ceo elon musk on saturday tossed the fate of a large percentage of his tesla stock to the whims of the twitter-verse. he tweeted out this poll to his followers. basically saying i propose selling 10% of my tesla stock. i will abide by the results of this poll, whichever way it goes of course, the issue is that he gets all of his compensation in stock, not salary, and therefore , he only gets taxed on it, if he sells it. well the poll had more than 3.5 million votes and the winning answer, nearly 58% said yes, elon musk, sell it, g

. >> all right it's a quantum computing company, they use trapped ion quantum technology to design solutionsransport businesses all right? it's too smart for me. what they have is $587 million in cash and about $4 million in debt so they have a current ratio of about 54.0 which if you know how to do accounting 2.0 is awesome so they don't have a lot of money or business yet, they do have, but they have an excellent balance sheet. liz: real quick we're running out of time but intraday we have not erased friday's losses what do you think about what happens tomorrow? >> i don't really think we can erase those losses just yet. yes, we heard the right things from the president but we don't know really anything solid about this new variant. maybe a week to two weeks. >> closing bell ringing] >> the governor of new york seems to disagree. liz: biden says no lockdowns for now. markets close higher to start the week that will do it for the "clayman countdown." kudlow is next. larry: hello, everyone. welcome to kudlow, i'm larry kudlow and happy monday. of course everyone is still talking about the om

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