if we fast forward five or ten years i think we'll have more a.i. technology that can do that in more areas and we need to get there as soon as possible, which is why we're investing. >> i couldn't agree more i just think we can't wait five years for housing discrimination and personally foif material out of facebook. >> i agree. >> thank you, mr. chairman mr. zuckerberg, thanks for being here at current pace you're due to be done with first round of questioning about 1:00 a.m so congratulations i like chris coons a lot with his own family or with dan sullivan's family, both are great photos but i want to ask a set of questions from the other side, maybe. the conceptual line between meretech company, meretools the and an actual content company, that's really hard i think you guys have a hard challenge, regulation over time will have a hard challenge you're a private company so you can make policies that maybe less than first amendment full spirit embracing in my view. but i worry about that i worry about a world where, when you go from violent group

historically we needed more data to fuel the a.i.have built models that can self train on low levels of data. there is an argument that the data monopoly is not where the magic occurs and you can see that partly within the number of small scale acquisitions they have made, not just here in europe, but in the u.s. there has been a breakthrough on the algorithmic level. caroline: are you looking for companies that will be valuable to these tech -- henry: we do try to invest where we can within the industry, finding propositions. we are fortunate to have an investment that covers six different industries and we treat a.i. as one of those industries. within financial services we are working very heavily with an insure3rr. we have an enormous presence here in asia and enormous amounts of work developing new risk models around insurance that has been very successful for a long period fo -- period of time. people would argue that it has existed for a long time. we see it from the insurance and fintech perspective, applications within media,

we didn't have a.i. technology that could look at the content that people were sharing, so is we basically had to enforce our content policies reactively. people could share what they wanted, and then if someone in the community found it to be offensive or against our policies, they'd flag it for us, and we'd look at it reactively. now increasingly we're developing a.i. tools that can identify certain classes of bad activity proactively and flag it for our team at facebook. by the end of this year, by the way, we're going to have more than 20,000 people working on security or and content review working across all these things. so when content gets flagged to us, we have those people look at it. and if it violates our policies, then we take it down. some problems lend themselves more easily to a.i. solutions than others. so hate speech is one of the hardest because determining if something is hate speech is very linguistically nuanced, right? you need to understand, you know, what is a slur and what, whet

now, we get to the a.i. layer. great customer base who are now ready to adopt all the a.i. capabilities, through the interphase layer of organization set box. what's great about this is it builds off momentum of core business and the amount of volume and data inside the business that they can organize that's just explode ling. this is a new business stream when they land customers coming in at 90% gross margin it is a business that's incredibly cheap and under value. in fact, when you look at the market cap business relative to others, what you see is a cheap company. with incredibly low turn and an unbelievable margin of safety. and so when you layer this a.i. digital transatiformation of wh we think is going to happen. we'll see on average of 20 or 25% of compounding of revenue and we'll see expansion of driving value out of services. we think we are going to see even a modest multiple expansion over the next five to ten years. when that happens what you see is a business that can be extremely valuable so to recap, our pick for 2018 is box if you believe and if you care a

now we're developing a.i. systems -- by the end of the year we'll have more than 20,000 people working on security and content review. when content gets flagged to us, we have those people look at it. if it violates our policy, we'll take it down. some problems lend themselves more easily to a.i. solutions than others. hate speech is one of the hardest. determining if something is hate speech is very linguistically nuanced. you need to understand whether something is a slur or hateful, not just in english but a majority of people use it on languages on facebook across the world. contrast that with an area of finding terrorist propaganda. today as we sit here, 99% of the isis and al qaeda system we take down on facebook, the a.i. tool has already policed it. hate speech i am optimistic over a five to ten year period we'll have a.i. tools that can get into some of the linguistic nuances of different types of content to be more accurate in flagging our systems but today is just not there on that. a lot of this is

most importanthe points in the testimony is a.i.ill solve everything, all these questions about whether facebook is treating content the right way, whether they are taking hateful content down fast a.i. as aey offered to that. a.i. is trained by humans with the same biases as the rest of us. it will not end well. emily: sarah frier, thanks so much for stopping by. great work covering these hearings. coming up, to that. a.i. is trained by humans with the would you pay for facebook? we discuss the policy of subscription-based model. that is next. this is bloomberg. ♪ mr. zuckerberg: yes, there will always be a version of facebook that is free. it is our mission to connect the world and bring it closer together. we believe we need to offer service that everyone can afford. emily: thatw was facebook ceo mark zuckerberg testifying to u.s. senators, confirming there will always be a free vision of facebook. -- free version of facebook. does that mean there will be a paid version of facebook? roger, you have been advocating facebook to hav

a.i.ur life joining us right now chief technology innovation officer, paul dougherty thanks for joining us you wrote about this human machines, re-imagining worse in age of ahow has it o he. >> a narrative around a.i. hear about it we think about a.i., taking over the human race taking over jobs and beating us on all games taking fun away, we think that is the wrong narrative for a.i. a.i. is really about a new set of rules, for companies in terms of how to be more competitive how to drive more efficiency, how to drive growth create a new business model, you don't talk enough about that who wrote book guidance for consecutive how to apply a.i. to trans form business how to do it in a way that is that is represents the capabilities of people to drive that growth and to use the technology. >> but it is taking away jobs, not to be you know, a fearmonger but when you do things more productive, and you can do things easier from a robert standpoint you are going to do it. >> robot. >> ayei no di

tools that can -- we will have a.i. tools that can get into the nuances of different types of content to be more accurate in flagging things for our systems. but today we're just not there on that. so a lot of this is still reactive. people flag it to us. we have people look at it, we have policies to try to make it as not subjective as possible. but until we get it more automated there's a higher error rate than i'm happy with. fine fine thank you, mr. chairman -- ms. feinstein: thank you, mr. chairman. mr. zurkberg, what is facebook doing -- mr. zuckerberg, what is facebook doing to prevent foreign acters from interfering in u.s. elections? mr. zuckerberg: thank you, senator. this is one of my top priorities in 2018. to get this right. one of my greatest regrets in running the company is that we were slow in identifying the russian information operations in 2016. we expected them to do a number of more traditional cyberattacks, which we did identify and notify the campaigns that they were trying to hack into them. but

., which a.i. is always subject to and that a lot of the current systems are, for all their successes are not us a brilliant as they're made out to be. a widespread understand offering the people in the trenches of a.i. research and also, the scenarios confuse general intelligence with the hypothetical entity that knows the position of every molecule in the universe and can predict what will happen by sure calculation. what real intelligence consist of is interacting with the world by trial and error empire'll and always be a limitation of how smart a system can get to based on how embodied it is, how connected it is to the real world of atoms, and so the fantasies take off faster than we can control it is disconnected from the annual that i -- actual nature of intelligence. >> we have not had a single woman asking a question. >> i'm sorry. i've given it to this gentleman but i will toss it to a woman. >> thank you. i am a huge fan of your work, i feel like a lot of us are saying -- well, sound gre

we need to rely on and build sophisticated a.i. tools that can help us flag certain content. and we're getting good in certain areas. one of the areas i mentioned earlier was terrorist content, for example, where we now have a.i. systems that can identify and take down 99% of the al qaeda and isis related content in our system before a human even flags it to us. we need to do more of that >> the chair recognizes the gentleman from california for four minutes >> i thank the chairman. >> good afternoon. i'm scott wapner we want to step away for a moment from the hearing in washington and bring in a man who knows mark zuckerberg quite well and facebook, for that matter. divian attended harvard with mr. zuckerberg and co-founded the company that would go on to become facebook. he's now ceo of sum zero, an investment platform. he's with us today from the new york stock exchange. welcome back good to talk to you today. >> thanks for having me. >> we're into day two, the third hour of the second hearing how do you think mark zuckerberg has done >> it's been a pretty impressive displ

i've seen them get censored, because the a.i. marked them as spamers. i posted a video from facebook to facebook and they marked it as spam. how can they mark their own video to spam -- understand what i'm saying? >> i sure do. i appreciate that walter. let's get a comment or two from facebook. monica, said zuckerberg sold us out for billions and the coo said if we wanted privacy, you should have paid for t. we were offered that option. it's the internet in general. congress gave internet-free reign and know oversight or guidelines, nothing. one more call. robert in red okay, texas for the republican line -- i'm sorry, jess on the democrats line from lutherville, maryland. >> thank you for having me on. a couple of things that were untt saying i do believe so is the best way to answer something when you don't have a solid answer. as a professional person, that's how you get around things. that makes me question a lot w protect the cyber community. in regards to the claims that the obama team is comparable in what they did as using facebook to seek infor

we have an early stage company called blue hex gone using a.i. zero day attacks by looking at fingerprints of security issues. and stitchfix uses it for personalization around clothes you need an application. and if you put more than five buzz words in the initial e-mail, i won't respond. >> are you a bitcoin believer? are you into crypto? >> our firm's done a number of investments. i think the thesis around bitcoin as a store of value versus a bunch of countries that are overinflating is an interesting concept and has a lot of strategic heft to that singular argument. so far to date, no one has developed any technology around a distributing blockchain concept that has technical efficiency moving beyond that - >> not even lightning projects >> i don't see any in the market someone wrote an incredible blog post last week that said blockchain may be the worst technology ever. >> it's been great spending time with you we'll see you this afternoon looking forward to that. >> up next, pete najarian has unusual activity, the bullish options move he's f

tools tolding new a.i. take down fake news, to growing 20,000 people,am identify every advertiser doing to make sure that interference that the russians much ble to do in 2016 is harder for anyone to pull off in the future. >> i think you said earlier that honest ads act, and so i assume that means you law in orderin the to effectuate exactly what you talked about? we support or, yes, the honest ads act. >> are you going to come back up advocate toa strong see that that law is passed? >> senator, the biggest thing do is think we can implement it. question, a yes or no i hate to interrupt you, are you going to come back and be a strong advocate. this.e angry about you think there ought to be change, a law put in place. are you going to come back and to get a law in place like that? team is nator, our certainly is going to work on this. >> i'm talking about you, not your team. you be an advocate for that law? that's what i want to see. you're upset about this. we're upset about this. i would like a yes or no

that's where i'm frankly looking to advances in a.i. for artificial intelligence machine learning solution. the problem there is, you know, i mean if you're a human being or even a crew of human beings and and you're in a b-17 over europe in world war ii and you see half a dozen attacking, your b-17 crew can probably deal with that. they can't deal -- they can probably deal with six. they can't deal with 106. as stalin famously said, quantity has a quality all of its own. a human crew just can't deal with that many. i don't know what the threshold is, but 100 is going to be beyond it. a swarming drone attack is of concern just because of the mass. but an a.i. system, i hope, can be trained to deal with just such things. i mean in mathematical terms, you know, i like to fall back on the geek that i am, the targeting problem for swarming drones is a version of what's called the traveling salesman problem in linear programming. it's a tough problem and, in fact, you can prove that there is no optimal solution available to you, but there ar

five years out, without also having the software standard that nvidia seems to have for things like a.i.? how should we think about intel's longer term position as shareholders >> you bet i think you have hit the nail on the head as it comes to a.i. ecosystem is incredibly important. the code is being written today, it's gnaw something that developers want to rewrite for different architectures. and nvidia, obviously, they have been building out the eco system for six or seven years intel is coming, number one, they had to acquire their way in, they bought nirvana systems. they missed the opportunity to develop this internally. this comes with a different ecosystem. convincing people to make the switch given the amount of time and investment that's been placed by the developers on code using nvidia systems is a fairl sizable moat it's the same kind of concept that gave intel their momentum that's working for nvidia in a.i. >> does it worry you all the big cap-x jump from $11.5 billion to now $14 billion or $15 billion is this a big deal to you that we should worry about or is it all jus

. >> i'm so excited about the harmony a.i. i can't begin to tell you.l like i'm part of history. >> reporter: this client asked us to obscure his voice and face. >> so here she is. >> she's gorgeous. >> she is. >> true work of art. it's just heart-stopping. she's going to be wonderful, mike, thank you. >> reporter: he already owns four dolls. his newest, tanya, joined us for the interview. as soon as harmony is available for purchase, he's ready for an upgrade. >> the first time i saw harmony, and when she was talking, i was mesmerized by her. she could smile. batting her eyes. moving her head. and being able to physically interact with these pieces of art is amazing. >> don't you want to be able to actually be with a thinking, feeling human being who can have conversations with you, who can empathize with you? >> you know, it's so funny. i don't miss that. i was married for 15 years. creating a companion that you can physically program, they won't lie to you, they will always be honest, they will have no malice. >> some people listening to this are goi

what that means is we can use a.i. to pay claims.em in as little three seconds and most of our resources are going into exactly that, building a new kind of company built on that concept. emily: you could a lot of really privileged information about your customers and over the last few weeks we have been talking a lot about privacy, about data privacy. how are you sort of handling your relationship with the customer internally and have you learned anything at lemonade since some of the revelations we have seen coming out of facebook? david: i think so. insurance is an economic and -- is any economic necessity, but is not trusted. trust and trust related issues have been endemic to insurance way before the facebook issues. we tried to build an alternative business model that aligned us with our customers. insurance often finds you conflict with your customer -- if you deny your claim i get to pocket the money. businessa different model to make sure that we are aligned with our consumers in a way that the traditional insurance players

i think one of the very important points in the testimony is that a.i.lve everything, all these questions about whether facebook is treating its content the right way, the -- whether there are biases, whether they are taking hateful content down fast enough, they offered a.i. as a solution to that. a.i. is trained by humans with the same biases as the rest of us. it is not going to end well. emily: i want to ask roger about that after this quick break. sarah frier, thanks so much for stopping by. great work covering these hearings. thank you so much, sarah frier. coming up, would you pay for facebook? we will discuss the possibility of a subscription-based model. that is next. this is bloomberg. ♪ mr. zuckerberg: yes, there will always be a version of facebook that is free. it is our mission to connect the world and bring it closer together. in order to do that we believe , we need to offer service that everyone can afford. we are committed to doing that. emily: that was facebook ceo mark zuckerberg testifying to u.s. senators tuesday, clarifying there w

but right here in state we have some of the best a.i.as the manhattan project of a.i. what did you mean by that? >> they're creating very smart machines that can win games. they have a company called deep mind. they're winning more and more games. as these machines get smarter, we don't know what kinds of games they're going to end up winning. it seems kind of harmless at first but it may be longer term risk. >> one of the fears is that ultimately it will start taking our jobs. how realistic is that and how pervasive is it going to happen? >> it's happening. i noticed there are a lot less people than five years ago. it's a bunch of computers there. m ibm won't need me to do documentaries and white collar and blue collar. first-year analytics. computers do a lot of things that lawyers used to do. we're threatened but we're helped. it's making our jobs easier but taking our jobs away. >> you say we're slaves to tech knoll janld not turning back. chris paine, onward and upward. you can get your own cope from the film's official website, doy

i was reminded a lot of a.i. is powered by big data, and what is big data well, it's needing to aggregate our personal information, which now there's a lot of backlash about, so is privacy a threat to big data and a threat to a.i >> enormous threat, and you, the consumer, now you ask yourself, am i the customer, and when i'm a customer, i have rights, and so think about for example, when you buy a car, right, you give over money, and ford gives you a great vehicle, but they give you a warranty, and there's laws that protect you, et cetera, et cetera, but then if you actually don't pay anything, i think we have to be really open to the idea that maybe we are actually not the customer, but we are part of the product itself >> we are the product, yeah. >> in that context, i suspect governments will have to get more involved, so that they create the proper guardrails, think of the welfare of citizens, and then they create laws and regulations allowing us to think about data privacy in a different way. >> i have to as

so why facebook with even its basic a.i. capabilities at this point, wasn't seeing it? is that an issue of concern? it seems like they should have been able to find this >> it's a great question and the fact is you brought up that these postings also showed up in google's search results, suggesting neither company was able to filter those out but of course, actions will speak louder than words. if we take facebook at their word, then they're deploying a lot of resources, including machine learning, to help filter out these posts. and we'll have to see over time if they're successful at doing that >> colin, you have any concerns overall about the group? investors seem to take a wait and see approach, despite, these were great numbers from google, certainly at least when it comes to actual revenue growth yet no real response do you expect that will continue through the quarter until the next quarter when we hear results? >> i think that most important for investors beyond just a couple days or a few weeks is at the secular growth tailwinds still continue here for google,

if we can implement some of those solutions in an a.i. scheme, which is a combination of the which are nearer, faster ones, and apparently headed for the more crucial targets, that seems like to me the type of challenge we want to use a.i. to go after. are we there yet? no. do we recognize it as a problem? yes. do we have some thoughts we want to try? yes. so with all deliberate speed, we are moving out on that one. i'm not going to pick -- rebeccah: gentleman right here. then i will go back. >> byron keller. i am an analyst. i want to look at research development resources. when you look at the spending profile for the department, do between the right mix 61, 62, 6-3? for contractors, how do you incentivize contractors to spend r&d?on we are looking at 2% of their sales. is that adequate in this type of incentive? budget: 2% is not a good for research. the historically accepted figure is more like 10%. i'm not here to tell you that 10%, but 2% is wrong. in the old days at nasa, the first time i was there in the early 1970's, our r&d budg

. >> we're collecting 50 to 100 images fed into the a.i. system. good berry, this is one we want to go after. >> reporter: so you're telling me in real time this machine is looking at the plant, thinking what to do next based on the imaging and then executing that action? >> exactly. >> reporter: is this as fast as a human now? >> this machine commercialized will replace the 30 people you saw in the field earlier today with gary. >> reporter: strawberry farmers are so excite ed about this harvest. two-thirds of the industry invested more than $5 million into its development. all in hopes to replace the cost of human labor. >>> some would complain that machines and artificial intelligence are actually displacing people who want to have these jobs. you're saying this actually fixes a problem you have. >> the work force is not here. we currently had to turn to guest worker visas to bring people in on a short term basis to get the crop harvested. this is a global problem. the lack of farm labor. >> john deer combine advisor. >> reporter: farmer main st

those dedicated a.i. systems do pose a risk from the point of view of the jobs that they would take away. you look at automation in industry you see that happening already. you think back to the fact people used to say when there are great transitions introduced by technology, in fact the move of people from one sector to another tends to happen with temporary pain. there are people who are out of work. but the point is often made 70% of the u.s. population in the 1870s was in agriculture. by the 1950s it was 3%. that whole movement of population had gone into other commercial and industrial activities and relatively painlessly. the great depression had nothing to do with it. but relatively painlessly. people forget, however, that there were 25 million horses in the united states of america in the 1870s and by the 197 0z there were 9 million of them. are we men or are we horses? will they make us redundant or will we find a new thing to do? the real question is whether artificial general intelligence, a.g

toy need to think about how really define and innovate the a.i. processes. that is great.ba and facebook, their primary focus is for the consumer type of business. like selling the smart speaker's to the customers. >> it is not a director it to you at this stage? yu: no. we are doing something like a moonshot. and i think that they are not doing that same thing at that level, so we are not competing. >> whether or not the u.s. decision to erect barriers through its tech assets makes your business proposition more compelling. yu: i would say in reality, yes. because the trump administration will probably urge the chinese economy to spend more money. technology --re business. >> dear see yourself a -- do you see yourself as part of the made in china 2025 strategy? yu: i think one thing is for us to be the leader by 2025. you know, 30 million cars in china encrypted with our processors. and we will be the number one player in that space. just think about it, by 2025 i think that most of the cars, i think 70% of the cars will be equipped with the a.i. processors. horizon robot

as you're well aware, a.i. ystems, especially in very complex environments when you have machine learning, it's sometimes very difficult to nderstand as you mentioned exactly how those decisions were arrived at. there are examples of how a isions are made in discriminatory basis and they can compound if you're not very that occurs. how company, you mention principals, is your company developing a set of principals that are going to guide that development? would you provide details to us s to what those principals are and how they will deep with this issue. mark: yes, senator, and how they will deep with this issue. mark: yes, senator, i can make sure our team follows up and gets you information on that. we have a whole a.i. team that is working on developing the technology. it's not just about philosophical principals, it's a echnological foundation to make principals, is your company developing a set of principals sure this goes in the directiontion we want. >> thank you. you, senator peters, we'll recess for

you know, zuckerberg said they are working on new products, new tactics, new a.i. will be ready by the midterms, but will it be? rep. lance: i don't know. ♪ rep. lance: i certainly hope it will be because we want to make sure the integrity of the process is protected. emily: we will leave it there. representative leonard lance, thank you so much for your time. ♪ welcome to the xfinity store. i can tell you about... streaming the most free tv shows and movies on the go. yeah, and... xfinity internet. it's so fast! and you can save by... by getting up to 5 mobile lines included. whoa, you're good. i'm just getting started. ♪ simple. easy. awesome. come see how you could save $400 or more a year with xfinity mobile. plus ask how to keep your current phone. visit your local xfinity store today. i am paul allen with the first word headlines. toshiba is likely to miss its chip-sale deadline. aimed atd delay a deal raising cash to offset losses at its nuclear arm. toshiba has seen no progress from beijing, but hopes to sell the unit to a consortium by make, even if china'

. >> a.i. systems, especially in complex environments, sometimes it's difficult to understand how those decisions were arrived at. they are examples how decisions are made on a discriminatory basis and they can compound if we are not careful how that occurs. is your company developing a set of prescribes how to guide that development and will you provide details about what those principles are? >> i can make sure our team follows up and gets you the information on that. >> we have a whole a.i. ethics team working on the technology it's a technological foundation to make sure this goes in the the direction we want. >> we'll recess for five then come back in. so give mr. zuckerberg a quick break. charles: good evening, i'm charles payne, you are watching "making money." zuk rrp just wrapping up parts of his testimony in front of a joint session of congress committee. deirdre? dierdre: it has been a packed room here today in has been everybody from the press to protesters. even a lady dressed as a

some problems lend themselves more easily to a.i. solutions than others. so hate speech is one of the hardest because determining if something is hate speech is very linguistically nuanced, right? you need to understand what is a slur and what -- whether something is hateful, not just in english, but people on facebook use it in languages that are different across the world. contrast that, for example, to an area of finding terrorist propagan propaganda, which we've been successful at employing ai tools on today, as we sit here, 99% of the isis and al qaeda content we take down on facebook, we flag before any humans see it that's a success in terms of rolling out a.i. tools that can proactively police and enforce safety across the community. hate speech, i'm optimistic that over a five to ten year period, we'll have ai tools that can get into the nuances, the linguistic nuances of different types of content to be accurate in flagging things for the systems, but today, we're just not there on that. a lot is reactive. it's flagged to us we have people look a

all of the images are fed into the a.i.d berry, this is one we want to go after. >> reporter: you're telling me in realtime this machine is looking at the plant, thinking what to do next based on the imaging and executing the action? >> exactly. >> reporter: is this as fast as a human right now? >> this machine commercialized will replace the 30 people that you saw in the field earlier today with gary. >> reporter: strawberry farmers are so excited about this harvest, they've invested more than $5 million into the development, all in hopes to replace the cost of human labor. some would complain that machines and artificial intelligence are displacing people who want to have these jobs. you're saying this fixes a problem you have. >> the work force is not here. we currently had to turn to guest worker visas to bring people in on a short-term basis to get the crop harvested. this is a global problem, the lack of farm labor. >> john deere -- >> reporter: farming mainstay john deere has turned to autonomy and is expanding into

>> so a.i. across the platform really helps the entire business but as an independent kind of commercial entity, it would be hard to quantify what that is. where i think there are opportunities are in youtube, the continuation of growth there. that's growing at a higher rate, albeit at a lower margin the cloud business is a roughly $3 billion business if you include the piece we look at, which is comparable to aws that's growing faster than industry averages. the challenge google has is the core search business is always going to be the most profitable business what growth investors look at when they see that, they conclude that means that there's only bad news ahead because margins are going down, but just because margins are declining doesn't mean the business is worth zero there's a value to the business, and margins don't always have to rise, but i think from a tactical standpoint, you do want margins to be stabilizing, expectations to be set that sets the backdrop, i think, for better stock

the a.i. related accident took a lot of wind out of the debate with the stock >> i was surprised that you went more with infrastructure as a star, but i wanted to ask you about the sum of the parts argument you really did talk about the idea of revolutionary gm i thought you actually dismissed it a little too much, but could you just tell me, when you look at gm versus say tesla, do you not see superior technology when it comes to autonomous driving versus tesla >> jim, it's too soon to tell. every automaker in the world has an autonomous vehicle project going on tesla has the advantage of having about 10 million miles of connected miles every day, and their car is basically an iphone on wheels. an entire sensor encrusted device gm on the other hand is going full stack, but with a limited number of cars, maybe 100, 150 cars in admittedly a difficult city like san francisco, but kind of apples and oranges >> but the cadillac, the cadillac is not apples and oranges. cadillac is first in class >>

but i did say, you know, look, it's great to have a.i.ce for the realtor? he did agree that you do need the human component, realtors to an extent. he actually also uses robots in open houses that can answer up to 75 questions, which is great. but again i said, well, what if the robot malfunctions, or what if somebody needs other assistance or has other questions that aren't a part of those 75? and even with that he said there is someone there from his company that sits there with the robot to answer things and to, you know, make sure that the home is prepared accordingly. so no matter what even with technology, you still need a realtor or that human component. stuart: well, you're talking up your own business, of course. [laughter] >> i mean, come on. stuart: guys cannot go it alone, they need samantha debianchi -- >> a human. >> 6%, a.i. brings and locates the buyer, but you still need me and a real or to have to sell it. i mean, who's going to negotiate -- >> how do we know she's not a robot? [laughter] stuart: you guys can use artific

. > to the extent that youtube can utilize a.i. toer if et out content is something in a utube is working on. you have billions of hours being uploaded to youtube, from all over the world. >> that's not all. earlier this month, over 20 privacy andoc ay groups filed complaints with the ftc. youtube illegally collects data about under aged viewers. to tnvestigate whethery violate the protection net. anyoan watch youtube videos without an account or logging in. the company has a separate kids app that doesn't collect data for ad targeting. u.s. legislators are looking at broad privacy regulations that would cover google and facebook. and europe is launching more stringent privacy regulations next month. >> the higher leveluestion i whether or not europe is going to keep after google and facebook a intensively as it has, we know that google paid a massive fe last ar, 2.6 billion euros. >> google and youtube aren't as exposed to privacyks r as facebook is. the wall street journal just ported that google has more total user data than fac

the project is using a.i. to improve visual recognition as part of a drone program. google says its involvement is limited and the software is available to anyone. >>> sue was talking about this happening today. the first thursday in april. you can ditch your car, train and bike. it is walk to workday. >> san francisco, thousands are expected to participate in the 6th annual walk that howard and russ streets. it begins at noon at the civic center. everyone encouraged to walk. unless you go to work at 3:00 a.m. and then maybe don't walk. >> maybe walk home from work but not too work. little early. >> walking home from work is going to be a problem for some people. >> in the north bay it will be. maybe near the coast there's drizzle towards 7:00, 7:30. then it starts to open up after that. hi, everybody. never more than seven minutes away from your accuweather forecast. here's an area that will not have to commute. all day today. san jose 280 at 17. it will be cloudy all day. rain this evening. moderate to heavy rain friday into saturday and weaker storms linger throug

. >>> to some nba basketball, sixers hall of famer, a.i., in attendance.oth the sixers and the cavs are bowing for third in the east for cleveland, down by as many as 30. lebron with the dunk and the snare down. philly trying to hold on late. ben simmons with the miss, but follows through with rhett gear. they -- they are staying half a game up on the cavaliers. hopefully we'll see some baseball. all in the bay area tomorrow. >> just a little later than usual. >> yeah. we'll see. >> a little soggy. >> that's all your fault. >> what were you thinking? >> that's okay. >> we'll be right back. (car door closes) (sound of engine starting) ♪ ♪ you want "streaming all you your favorite showsy. on the fastest internet" easy. you want "internet that helps you save on mobile" easy. you want "the best wifi you can pause with a tap." see? easy. time for bed. you want xfinity because it makes your life... simple. easy. awesome. get started with xfinity internet for $40 a month for 2 full years when you sign up for tv. plus, get 3x the speed of at&t and directv. click,

everythi what we need to do is build more a.i.ools. >> investors seemed satisfied with zuckerberg's responses. based on tha the stock moved up today after gaining 4.5% yesterday. julia boorstin, washington. >>> a dow component hikes its dividend. procter & gamble is raising its quarterly dividend by 4% to almost 72 cents a share. the secondear the consumer giant has increased its payout to shareholders. the sharesere off ten cents to finish at day at 78.27. karnivele a cruise line increased its dividend by 11% to 50 cents a share. in addition the company said i was launching a $1 billion share buyback program. shares rose nearly 1% to 63.64. jetblue proreported improved operating metrics for the month of march. it reported an upbeat first quarter. shares fell fractionally to $19.33. and aer the bell, bed, bath & beyond reported a smaller than expected drop in same-store sales. they alsoer del an earnings be and those results were overshadowed by the company's weak 20 earnings guidance. shares fell in after hours but finished the r

according to delta, the company that provides their online customer support 24/7 a.i. reported a major cyber breach that left clients exposed from september 26th to october 12th. federal law enforcement did forensically confirm this time line and delta says it will make sure customers aren't held responsible if they recognize suspicious charges. this unauthorized access affects delta and many other major companies including sears and k-mart. customers can go to delta.com/response any time after noon today for additional information. >> we've got a new big number for you. facebook now revealing data for as many as 87 million people may have been, quote, improperly shared with data analysis firm cambridge analytica. it's the first time facebook has identified how many people had their data accessed. the figure much higher than the initially reported 50 million users that were compromised. this announcement comes as company ceo mark zuckerberg prepares to testify before congress next week. nbc's miguel almaguer has more. >> reporter: facebook says the personal data of up

they need to think about this to really define and innovate the a.i. processors. that is great.aba to primary focus for the consumer business. the small speakers to the customers. tom: so, it's not a direct threat to you? >> no. focusingnot on our level. practice of., their erecting of barriers it makes your business more compelling? >> i would say yes. the trump administration would money.em to insert more tom: do you see ourselves as being a key part of china's made in 2020 policy? >> i think our goal is to be the leader by 2025. 30 million cars in china, we will be the number one player in that space. just think about, by 2025, i think 70% of the cars will be equipped with iprocessors. and horizon robotics is going to be the only player in china, right? i don't see any reason we cannot achieve the goal to be the market leader. emily: horizon robotics founder simply withking tom mackenzie. verizon is on the verge of taking the leading stake in india's ecommerce. they would purchase of two 80% of flipkart. earlier, they had considered a deal with amazon. that does it for this e

you look at a company with a.i., cloud reporting and management. charles: i like it but i feel like they are not living up to potential and the clock is ticking. >> western gas -- charles: we want to go to the press conference for the southwest accident. >> our flight experienced an engine failure of the number one engine, declared an emergency. the aircraft landed safely at philadelphia international airport around 11:20 eastern time. this is a very sad day and on behalf of the entire southwest family i want to extend my deepest sympathies for the family and the loved ones of the deceased customer. they are 0 our immediate and primary concern. we'll do all that we can to support them during this difficult time and the difficult days ahead. i am immensely grateful there are no other reports of serious injuries. but this is a tragic loss. our flight today had in total 144 customers, five southwest crew members on board. the area of the was a boeing 737 700wn772sw. earlier day spoke with the faa, the usdof and the ntsb to assure them that they have o

some are wary of the potential risks in the development of a.i...but one scientist says it's like playingh fire - we have to be aware of potential dangers, but can't stop further development because the pros outweigh the cons. cnn's erin mclaughlin has the story. inside the picturesque swiss town of lugano scientist jurgen schmidhuber works toward revolution. if he's successful, the world will never be the same.j÷rgen schmidhuber, ai pioneer: "what we are seeing now is much more than just another industrial revolution. it is going to be something that transcends humankind itself, and even biology itself."schmidhuber is an ai pioneer. his goal- to develop artificial intelligence radically smarter than humans. he's helped develop the algorithms that define the field as we know it now.artifical intelligence- or ai- is what makes siri respond to your commands. and enables google to translate inside schmiduber's labs, ai pushes beyond that.cars teach themselves to park.j÷rgen schmidhuber, ai pioneer: "when you now move your head it's going to follow.. and you can direct it"drones learn to foll

. >> we're living in this wild west of tech where we have the smart features, where a.i. is the name of the game. it seems like someone always listening. >> they said it is nothing more than surveillance for advertisers. in a statement, amazon said we take privacy seriously. we do not uses customers' voice recordings for targeted advertising, pat enlts do not necessarily reflect current developments. google tells nbc news we've filed patents on a variety of ideas. prospective product announcements should not necessarily be inferred. but where concerns are becoming more common, questions remain. how much do we want companies to know about our private lives. >>> today california will take a step toward putting completely driverless cars on the roadway. the dmv can now start issuing permits for autonomous cars. companies apply for different types of permits. driverless testing, with a driver, and to be used the streets. this is first time state has allowed testing with no human behind the wheel. as of now, it doesn't look like any company has filed for a permit. all of this

zuckerberg said they are working on new products, new tactics, new a.i.it will be ready by the midterms, but will it be? rep. lance: i don't know. i certainly hope it will be because we want to make sure the integrity of the process is protected. emily: thank you so much for your time. ♪ ♪ mark: you are watching "bloomberg technology." here's a check of first word news. treasury secretary steve mnuchin told a house appropriations subcommittee that the u.s. may impose what he calls a very strong sanctions on iran. >> i think to the extent that the president decides not to sign the waiver and we do reimpose those sanctions, not only will there be primary sanctions, but secondary sanctions. i believe they will continue to have a very strong impact on the economy in iran. ark: president trump has set may 12 deadline to either improve or scrap the nuclear court tehran signed with six world powers including the u.s. saudi arabia says it intercepted a ballistic missile over riyadh and shutdown two drones. it is the latest attack showing improved military capabil

tonight was season premier of the new "jersey shore "a.i. family vacation. the kids are back.rown up except snooki still the size of agerbi lirks i was relieved to hear they weren't appointed to run homestand security. the gang is earlier than the original show in 2009. gtl now stands for gel tan lipatore. get the band some of that too. just what america needs more orange people tois did like. by the way i was watching the lakers play the spurs last night. so the game is tied. the lakers took a shot with time running out. the result was what was might have been the most ill-timed break in basketball history. >> gets in with three to go,josh hartford to the -- it comes off. we'll go to overtime. >> wait what happened to the rest of the phone call. could have a new number one movie this weekend. highly anticipated movie "a quite place" is opening in theaters directed by and stars john into my house at night. jameson wrote can't wait to see it. john krasinski. whenever there's a big film we run it by yaya. he has loves film with a lot of time to see them. here he is talking about

now you've got issues whether it's isis, privacy, a.i., washington's going to come here, and i thinkhis is a very, very serious rehiking of technology. charles: hallie, there's no doubt that halo that was over a company like facebook is gone. i'm not sure they'll ever get it back. what do you think ultimately will be the consequences of this? besides internal changes, what do you think congress will demand on behalf of the american public? >> well, you're right there's a rot at stake -- a lot at stake, because facebook is a marketplace of data and ideas. we want to be sure that tech companies in general, social media platforms continue to have the freedom to compete, to innovate. my fear is that sometimes the unintended consequences of regulation -- which is, of course, what lawmakers are always tempted to do in response to a problem -- actually would be more harmful than beneficial. there are responsibilities, absolutely, for companies like facebook to be transparent, to tell us how they're using our information. and there are responsibilities that fall on us as users as well. but h

the robot that they program it and tell the robot what to do but the next step, of course, a.i., the robot to assemble the chair and other furniture all by itself by using artificial intelligence. >> raj, always tells us he can't put stuff together. jeff on the other hand is super handy. >> we can use you. >> i'm brushing up on my skills. i put one of those ikea together. it was totally backwards. i'm leaving it, so. >> i end up with too many parts. >> really? >> on the floor that i don't put into whatever i'm building. >> you leave them or go back? >> i just don't do it. >>> a live look outside right now. sunny skies in san jose. we're dropping down to 50 tonight. we're tracking an amazing next couple of days. >>> his credit card is charged another. guess what? it's not a lower price. i'm consumer investigator chris chmura. nbc bay area responds next. it's layered with a slice of smooth, perfectly melty, white cheddar cheese. a crunchy medley of tasty, crispy garlic chips... a dramatic drizzle of smooth, delicious and flavorful, delectably creamy garlic aioli... all coming together

in addition to tesla and spacex, there is the a.i., the tunnel thing, he's apparently hiring humorists from "the onion." and so, i think it is more about sort of distraction in terms of possible danger to tesla rather than elon musk tweeting intemperate things. i think many of his admirers enjoy the intemperate comments, and certainly for us in the press, it gives us something to talk about. so i don't think it is definitely an area of risk. emily: "bloomberg businessweek" columnist max chafkin. coming up, microsoft president brad smith joins us. why more than 30 major tech companies, including microsoft, facebook, and dell, are joining forces to fight cyberattacks. this is bloomberg. ♪ ♪ emily: u.s. regulators moved to the extent the crackdown on china equipment makers, backing the ban on federal subsidies to buy networking for manufacturers. the federal communications commission voted 5-0 on tuesday in favor of banning federal funds from being spent on companies deemed a u.s. national security risk. the ban won't be final until a se

senate alabama election in the a.i.ere able to proactively take down tens of thousands of fake accounts that may have been trying to do the activity that you're talking about so our tools are getting better. for as long as russia has people who are employed who are trying to perpetrate this kind of inferns, it will be hard for us to guarantee that we're going to fully stop everything, but it's an arm's race and i think that we're making ground and are doing better and better and are confident about how we're going to be able to do that. >> gentleman's time has expired. >> the chair recognizes dr. burgess of texas for four minutes. >> thanks to our witness for being here today mr. chairman, i have a number of articles i ask consent to insert into the record. i know i won't have time to get to them. >> without objection put the slide up you requested. >> i'm going to be submitting questions for the record that are referencing these articles one is having the obama campaign connected with young voters by michael sher we kn