>> i think is a general comment on the state of a.i. where i think some of the biggest bottlenecks are. historically technology and hardware has been the bottleneck, but today that has been fairly commoditized and it seems that everyone is fairly on comfortable ground when it comes to that. >> using the same sense. >> oftentimes, the same underlying model when the difference is the quality of the data. maybe it would be the competitive advantage, given how much data is necessary to build good a.i. models, i think it's a greater interest for the overall world to combine the data sets and make models that are for everyone. >> i think a.i. is too important to be only a few silent companies owning the working products and this is something that all of us need to come together and work together to build a truly workable product. >> clearly, there are public safety issues with this and we've had autonomous cars go off the rails so to speak and we've had a death as a result of that. i agree with your perspective on that and a.i. is the problem

bioterrorism,m , resistingnge antibiotics, rogue states acquiring a.i., combating a.i.. . list them all it's almost to the point -- as a species, we are inclined to being fearful. we come by that honestly. in the past, it was better to andake a rock for a bear run away, then it is to mistake a bear for a rock and not go anywhere. we have gotten where we are by being cautious and being a little nervous about our surroundings. because of that, we tend to over emphasize those. those are what everybody is surrounded with. because of that, there's a widespread malaise about the future that all of these bad things, how will we overcome them? if you look back on history, there was a time where we were perhaps to 1000 mating pairs of humans. we were an endangered species. one disease could have wiped us out. somehow, we made it to where we are today. that tells me that we are quite resilient, and progress does happen. ofon't want to be accused burying my head in the sand and saying there are no problems. everything i listed on those pages, everyone of my readers has heard. it's in

second one, a.i. and robotics. words.zz lots of money going in but actually in 2019 we'll start to see all of that money that's invested coming into our daily lives the emails you get, the phone calls you get. the art you look at. tv, and even the music you listen to will increasingly generated. >> thank you so much. for stopping by. oming up, it is now one of the largest media companies in the world. the zaslav speaks about changes coming up next. this is bloomberg. # this is bloomberg. # >> discovery says it's now bigger than better, competing scripted series movies and streelg services like netflix. c.e.o. david zaslav caught up for an can exclusive gives them d how it size and scope to compete on a global stage. play in a ying to space that others aren't playing. so when we pull scripps into discovery we became the second tv company in america, ehind universal, across television and audience but we have great brands that people love. discovery.t scripps had it. when you put it together we have hree of the top c

in a.i.?hink we are going to live in the world where the united states is going to be an a.i. leader, china is going to be an a.i., but the truth of the matter, at microsoft, we have a clear goal -- a commercial strategy. it's called we want to make sure every company in every industry in every country has an opportunity to be an a.i. leader. there aere some industries that evolve were certain countries become the leaders. but there are other technologies that end up empowering everybody. we don't sit around and say, who's the leader in electricity? we enabled everybody to use it. our goal needs to be to enable everybody to benefit from a.i. the way they benefit from electricity. that's not an easy thing. it requires a clear technology strategy and a whole lot more. but that is fundamentally our value proposition and what we are focused on delivering to customers and the government and countries around the world. emily: our interview with microsoft president brad smith. still ahead, the future

so a.i. is good at finding patterns in things. it still takes a person to take the patterns and figure out how i'm going to make a decision, how i'm going to do something useful with it. the ability to do the general a.i., which is i think what some people fear, is decades away at this point. >> you have no fear then? >> no fear at this point. we're moving forward on things that can help people in what they're doing rather than in actually any way causing an issue. >> really interesting stuff. i'm sure we'll talk much more about it in the future. thanks to jeff from our sponsor, ibm. >> thank you. >>> well, we're about to see more of those ford go bikes around the bay area. the company tweeted this announcement this morning saying it's adding hundreds of bikes to it will also make a number of e-bikes available to rent starting tomorrow. in jos jose. e-bikes have a maximum speed of 18 miles per hour and were developed by a fremont based company. >> starbucks tapping into its customer base and a booming economy doesn't necessarily m

we're also heading to a point where largely because of a.i., my background is in a.i. and i have been head of an a.i. company for 12 years. it's actually going to trigger a lot of not just blue color, but white collar job losses and estimates show close to 50% of the global work force with a.i. and thinking about how to leverage the decentralize the data and the blockchain and create economic incentive where is people can earn an income from the daily activities and from the data they produce is going and that allows us to solve. and finally, coming to our conversations around the environment, there is a lot of interesting work that we're seeing already with different companies that are trying to target environment in general, environment issues across different solution points and i want to go into -- i won't go into anything in detail right now. and we can talk about it in questions or offline, but there is various different models around this. energy, of course s the most common one that we have seen. a lot of companies are decentralize energy and decentralize energ

haidi: a lot of chat about a.i.particular when you look at the wars that google and facebook faced, data privacy, hits they have taken. what's the next big thing, do you think you would identify one trend going into next year, next five years? bruce: look, i think when you see big data coming to actual use cases, we haven't really seen big data combined with a.i. produced really meanful businesses. the future of that is going to be enormous. the ability to make one-to-one decisions about consumers in the transaction like we do, for instance, one small use case has the ability to double the profitability of every ecommerce transaction globally. that's one action, you know, of an application of a.i. but there's millions of them that you can use. the combination of big data in real time with a.i. is very powerful. haidi: all right. bruce, thank you so much for coming on and joining us. bruce buchanan, c.e.o. of rokt, joining us in sidney. shery: and coming up next, nissan, a look at what happened at the board meeting,

it involves a.i. using military it involves a.i.ilitary drones. >> we'll see how that goes. >> starting to think this news block is scaring us about a.i., surveillance. we did that story yesterday. >> that is not what we are trying to do. >> humans are leaving hearts on planes. you tell me. >> you need surveillance, absolutely. that would have been a good spot for it, yes. all right. let's talk about what's going on weather-wise. live doppler 7 to see it and our tower cam. i guess we are watching you too. especially driving on 87 south of san jose international airport. improving chance of rain today. chance remains north this morning. heavy rain sunday afternoon through monday. pretty mild. upper 50s to low 60s. southerly push of warm humid air. coolest with mid-40s. rest of us in the upper 40s to mid-50s. 7:00 in the morning. rain not reaching the ground. too dry. below 14,000 feet. it starts reaching the ground when you see the yellows and oranges. that is moderate moving into the north bay during lunch. scattered light showers s

in their 2025 program, they want to be number one in a.i., number one in block chain technology. u.s. wants to be number one as well. and so the stakes have gotten higher. you just mentioned all of these products and sort of the programs that were used. now we're into 5g. as everybody marches toward 5g, they have gotten more competitive, and they want to win. >> they do. well, and you've seen recently australia say they're concerned about huawei 5g gear. new zealand has made that determination. and britain, the u.k. just announced a few days ago that way about want to pull out huawg out of their core. i get the high stakes and the two juggernauts competing. we are all for, all for competition. robust, let the customer win, everybody brings their best game to the party. but when it's not a level playing $3 billion in revenue and 15,000 people. today we're about $170 million of revenue and 170 people. maria: wow. >> so what we are is the western leader and alternative in mission-critical communications, command center software, video surveillance and analytics. so in the u.k. we ha

well, there's actually two fields of a.i.ing which is statistical machine learning, when there is an entire field of a.i. called knowledge representation and reasoning, kind of symbolic artificial intelligence that dealt with semantics of language. a lot of people have abandoned that side of a.i., whereas what we're seeing moving forward is the field of machine learning being combined with semantics knowledge representation, reasoning and that side of a.i. deals with both the syntax of language, the semantics of language and the pragmatics of language which speak to the context and understanding of meaning. ashley: hopefully we can get that, the markets will keep a little more perspective as we watch these big gyrations up and down. ryan, thank you so much for joining us. >> thank you. ashley: we expect to hear from president trump next hour. he is meeting with the republican senators right now. stay right there. the third hour of "varney & company" right ahead. what if numbers tell only half the story? at t. rowe price, hund

there are 14 or 15 countries in the world that are seriously looking at a.i. and weapons that make kill decisions on their own. . there is supposedly a debate about whether any given country will adopt those. i think it is a bit disingenuous. i think all 15 of those country say i do want to be the only one without artificial intelligence in my weapons. i think it is inevitable that these technologies will be applied. you, the answer is through policy. as we have done with landmines them, and chemical weapons, and atomic and nuclear weapons, we would have to come together as a society and say, this them, and chemical is the kind of weapon we don't want. what i was trying to get at is that it is hard to find a clear line between what is an ai weapon and what isn't. down a bomb that shoots chimney and blows up -- is that ai? it kind of is. the chemical weapon or a nuclear weapon, it is easy to define. artificialwith intelligence. we can't really decide what we want to ban and if there is widespread will among people in that world to ban some of these weapons. i a

q&a.y night on >> this american nazi party had 20,000 supporters who came to rally at madison square garden. in the middle of new york, stormtroopers were giving the nazis allude with a swastika, --nks to the rally of george to the picture of george washington. the rally was held in a george washington's birth. there was it early fascist movement, and it was associated with "america first." the history of the term "america first," and "american dream." .unday night on c-span's q&a c-span covered a day-long summit on women's leadership. you can see the entire event at c-span.org by typing -- women's summit in the search bar. here are a couple of the sessions darting with several new members of congress along with representatives mia love of utah and as these the phonic of new york --

helping them streamline expense management processes with a.i.y all these people entering in data off of paper-based invoices, every which i way you can imagine is what we doing for them what we are seeing, jim, is our customers, they are really running a lot simpler. they are running a lot faster. frankly, they are running a lot smarter with this set of business management solutions that we are giving them. >> let me ask you. i hear there are supply chain issues, spending too much money trying to get the product where it is. if they brought coupa in would they save some money and wouldn't be belly aching so much >> the time is exceptional the letter a stands for accelerated. mid market customers go live in just a couple of months. large-scale enterprise customers go live in under a year and they recognize meaningful value in billions of dollars, jim the impact is real and is being done by hundreds of customers around the world this is a customer community we are building couldn't be more exciting. >> you mentioned a.i. for our viewers, that's ar

our ably best a.i. company, google, was asked and agreed to be part of a pentagon program called project maven where google computer scientists would write algorithms that would be useful for pentagon war fighters and the employees of google learned of this and rebelled. i think that's the only way to put it. and there was a petition campaign and all of a sudden, google l decided that because of its employees' unhappiness, they were going to have to back out of project maven. and so i -- just to put it to you simply, what would you say to google l employees if they were watching this streaming? >> sure. >> or employees at microsoft or amazon, for that matter. what would the chairman of the joint chiefs of staff say about the need for this brainpower? >> sure. first thing i'd say in very simple terms, were they all sitting here right now, i'd say, hey, we're the good guys. we are the good guys. and it's inexplicable to me that we would make compromises in order to advance our business interests in china

at open a.i. charter, we talked about scenarios that we wouldn't be willing to do no mat other how much money it made. we made it public so the public could hold us accountable to that. there are different investors who think differently. one thing i have a lot of sympathy for is people who came from nothing, got a job at a company with an incredible salary, but the company is doing things they don't like. they are not in the situation i am in. they struggle with the right answer. >> with the jewel stuff, there were a lot of people in that. ow did you think about that? >> this is the videotaping thing you must keep away from 16-year-old boys named louie swisher. go ahead. they now have a videotaping thing. i own one myself. >> i haven't looked into that. it seemed problem the maic. what someone told me that pure nicotine is not actually that bad for you. i assume that is right. >> you may not have children right now. >> i haven't studied it. i don't know. i wouldn't invest. >> a lot of people did.

when it comes to the use of artificial intelligence or a.i. china is surging ahead investment in the sector growing from one hundred seventy million dollars to hit over one point three billion dollars within the next two years now it promises to make the country easier to run safer help doctors and patients and control traffic an entire city administrations some see it as big brother with a credit system penalizing over awarding citizens based on their behavior sometimes it's pretty tricky to draw a line between the benefits all the threats of artificially intelligent systems. the in for vision start up in beijing as at the forefront of a medical revolution its employees use artificial intelligence algorithms to help doctors identify illnesses like lung cancer more accurately and faster. after studying in the u.s. in for visions founder chen kwan made a point of returning to china. i think the lack of good doctors is actually more severe in china i can see there are so many patients in china and we have like you know a larger and larger demand

our a.i. can flag and say why is jenny being paid less than jim because although there is a lot of data points, artificial intelligence is saying those are the same jobs. >> exactly. >> that's something that's helpful. >> none of our clients i believe intentionally pays people unequally for equal work. we find it to be responsibilities and performance review and etc. >> no one says i set out to pay that person lower. there is hidden biases and things that i mentioned about leaving the work force and other things that results in that. the first is identification. until now people have not tracked the actual grandular job responsibilities of most of their employees. making the comparisons required by the law is difficult even if you wanted to. you don't know that scott does these six specific things. you know people with the title anchor do these things but what does he do specifically of the examples that you gave. the software can track that and make those comparisons automatically. >> how doe

the bombshell resignation of of a.is secretary jimatter bsi shakg la the president is pushing back. here's abc's chief global affairs correspondent martha raddatz.ckimti at the white house today in a seemingly deliberate display of solidarity with fellow marine corps general john kelly, who is, himself, days away from departing the administonti it's been less than 24 hours since mattis resigned in protest of president trump's policies. and e bala aga t president has becken profound. >> it's beyond scary. it is evidence of further chaos. >> reporter: majority leader mitch mcconnell, normally hesitant to criticize trump, pa distressed that mattis was resigning due to sharp differences with the president on key aspects of america's global leadership. abdoning america's partners in the fight against isis. trump's withdrawal of u.s. troosyria, the last ps f straw. even hosts of trump's favorite program, "fox & friends" blasted the president's judgment on the pullout from syria. >> he just refounded isis. there.e they've got 30,000 men and they are already striking back with our would-be

the ceo of uber is your cousin, one of your cousins also funded the a.i.ompany nirvana systems which was bought by intel. should that be a lesson to president trump? adi: there's a lot of iranians and immigrants who are very successful in tech. our family of well, obviously, but there's many others as well. immigrants have created a lot of companies, they have created the largest number of jobs in this country. and part of why i started code.org was to show an immigrant can give back opportunity and create opportunity in a country that seems like it is lacking it. emily: you both ended up at harvard studying computer science. how did you get there, and what happened next? >> we both worked really hard to get grades good enough to be accepted into harvard. we were lucky they provided financial aid. and we also spent all of our summers working in high school as computer programmers to help us save money to help pay for college. what happened next, graduating in 1994 at the dawn of the internet, it was such a wonderful time to be in tech and already fully kno

they make a lot of things, revamping agricultural and industrial products using a.i.genetically engineer better microbes. ymergenrepresent -- z represents multiple opportunities. talk about the range of stuff you make. >> yeah, so, we basically work fromdustry ranging industrials and chemicals through agriculture and things that might touch consumer products. it all comes back to the idea that we live all of us in a petrochemical world where the table, the coatings on the lens are made from hydrocarbons. that's a limited palette. a box of crayons. eight. eight characters to start with. with that broader palette of colors, we can create products, materials, molecules that are really functional properties that, as you said, transform whole parts of the real economy. emily: i one to give you an idea of how diverse your portfolio is. products including sun screen that does not harm coral reefs. how do you decide what to target? >> in two ways. a limitedwe have number of application areas and sectors we focus on developing our products for, for home and personal care and c

carol: and china shrinks from gattaca in the era of a.i.s "bloomberg businessweek." ♪ ♪ jason: welcome back. carol: join us for "bloomberg businessweek" every day on the radio from 2:00 to 5:00 p.m. wall street time. and check out our daily show on our podcast. jason: you can find us online at businessweek.com and on our mobile app. time here to lose everything that, that is the title of a bloomberg investigative series on predatory lending. carol: they have uncovered firms use the new york state court system to squeeze small business borrowers. and they exposed the new york city official who earned 1.7 million dollars last year in fees were covering debt. jason: our reporting team join us on their latest story about a drug smuggler who built a predatory lending empire out on bail. >> the financial crisis, the merchant cash advance industry has been booming. these are people who offer fast money to small businesses. the money comes overnight. interest rates are as high as four and a percent annualized. it is super profitable. it is totally

q&a.y night, on c-span's >> lawrence, kansas, was founded on the principle and in conflict. for those who know about bleeding kansas, it was the beginning of the civil war started before the civil war. it journal a lot of people in on both sides of the slavery issue. >> on saturday at noon

let's go back a little, before about how if we want to program a.i.s, we have to love them back. with implication. what should our relationship -- would help you to -- do you think some coding knowledge is basically -- we should know about it as much as we know about what's across the street -- >> the germ of this book lies an article that was real few years ago that was called stupidity of computers. i'm grateful for commissioning that in working with me for quite a while. struggling back and forth. [laughter] i was a very top-down writer. he encouraged me to make it more bottom-up. it helps me write in a more acceptable style is supposed to my wife called what was bread like it was translated from german. [laughter] >> transited for them german? >> i learned how to you'd -- use verbs. [laughter] one essay was to say that he wasn't necessarily going to have those. se, it's more like saying, it doesn't need to be a writer in order to benefit from knowing more about how language works. is an understanding that language conditions how we see in the worl

the chinese are doing quite well in a.i. but we are doing better. war in space and cyberspace. whoever controls cyberspace controls the land, the saitd, the chinese know that and they are running like crazy to catch up with us and god forbid they should. liz: some people in the d.c. beltway say if you talks about this this is must more tinfoil that right-wing conspiracy. >> we succeeded against russia because they were so inept at this. the chinese are different. they have spent tens of billions of dollars. and they put their own officers from the people's liberation army in our universities to learn our technology and develop it at home. liz: thank you so much. good to see you, sir. w air, lo says vandals are attack their row bought cars 21 times in arizona. they are whipping rocks at the car. another guy pointed a gun at robot cars. do you think you can stay off your smart phone for a year? vitamin water will award you $100,000 if you do. they will give you a 1996-era cell phone to use for a year. they are thinking the smart phones are ruining our

caroline: a.i. not taking over yet.krugman will stick with us and we will have plenty more shortly. now first word news. the nation's capital is preparing for several days of events following the death of former president george h.w. bush. his casket has arrived in washington. it arrived aboard a u.s. military plane. the white house says that president trump will designate wednesday, december 5 as a national day of mourning. he in the first lady will attend the funeral at the national cathedral. flags on federal buildings are flying at half staff for 30 days. ehre are less pictures -- here i left interest from washington. larry kudlow says the u.s. and china are close to an agreement on stopping intellectual-property theft, calling it "an issue on the front burner." he also said the two countries are nearing a broader trade deal following a weekend meeting at but at themit, pressure is on beijing to move it forward. >> i will say this, they cannot slow walk this, stall this, meander this, their word was immediate. so i

themselves, excluding all the newer companies, the small startups that don't have access and, therefore, a.imachine learning and predictive computing can only be done with massive amounts of data. that leaves all the small companies out of it. i think that that's something to be concerned about. >> guy, here's the problem as i see it facebook for years, since its founding, pretty much put forth sharing and open information as being this global benefit. it was good. if people shared more, it was going to be great. if more data was out there, if you could share things with your friends and gave other companies information about who your friends were and authorized that through facebook, it would be good they didn't consider the downside that's part of the issue with this russian meddling. it's the issue with this now they're trying to say we've changed. and yet i don't understand exactly the mechanism through which yahoo! microsoft, blackberry and others got access to this data they say they didn't use it but are they sure some employee didn't tap into that and run off with data? i don't know

on twitter, the so-called troll patrol project, was conducted by amnesty international and element a.its sent last year to over 700 women in the uk and the u.s. >> and it found that at least 7% of the tweets were abusive or problematic. this amounted to more than 1 million abusive tweets across the year. women of color were 34% more likely to be mentioned in such tweets than white women. and black women, in particular, were disproportionately targeted. they were 84% more likely to be mentioned in abusive tweets than white women. amnesty international went on to say that troll patrol means we have the data to back up what women have long been telling us that twitter is a place where racism, misogamy and homophobia are allowed to flourish basically unchecked. let's talk more about it amnesty international's milena marin joins us from london. thank you for joining us to talk more about it. it is highly disturbing and kind of cements what many have thought. and you've got data now to back it up. tell us about the key findings and if you can give us maybe just without getting too gross, som

finally nvidia, it is about a.i. that stock is beaten mercilessly. think it take as quarter to work through the numbers. this is one of the things few years from now i believe you're kicking yourself because you don't own. >> you mentioned two of the four names i offered on my show last night and my viewers. on wstreet.com. nvidia played stock in 2002 at 15 bucks, i wish i had held it and never looked back. they look at crazy gyrations, sell great names, people will look back a year from now, two years from now, three years from now, golly, why did i sell that stock? are there any names you might be looking at that fit that bill? >> yes, charles i deal with it working with individual investors. they don't expect going into the positions expecting pain. nvidia is great company, there could be 30% draw down. if you believe in the company you should add to the positions. quickly, charles i do like the energy sector. similar to keith's points t has been absolutely smoked. amlp, etf, not drillers, talking about storage, transportation, processes pipelines

significant investment to work alongside the nhs using genomics and a.i. to diagnose diseases serves that companies such as add yul em will continue to invest to improve patient outcomes post-brexit. >> here, here. >> can i say to my old friend, that this investment is indeed a significant one. 1 billion pounds investment and will deliver a state-of-the-art research and development in the u.k. and support 650 jobs. it is absolutely right that this does show the opportunities available to the u.k. post-brexit and also shows the advantage of our industrial strategy with ai right at the heart of that and recognizing the importance of ai in the health sector in the future. this is a very significant investment. it will support jobs in the u.k. it will support other employment in the u.k. and our economy in the future. >> mr. jeremy corbyn. >> thank you mr. speaker. and i join yourself and the prime minister in welcoming sammy woodhouse to parliament today on a typical act of your generosity to refer to her in the gallery today so that others may be emboldens t

don't blame the a.i.. >> i think it is about 50 or 60% of trading volume now done by computers, and actuallyis probably more significant than simply the amount -- computers have been doing this for a long time. they've been a factor in the marketplace. i think what has changed is the amount of capital on the sidelines that can be committed to basically even out these swings. that is no longer this. >> i thought mnuchin was fine until he said there's been an overreaction. he shouldn't be commenting on whether or not there's been an overreaction or if it's an appropriate amount down. but more attention to the effects the machines have? i think that's a good idea. now, what to do? i don't know. but they could have oversight over the machines. >> they do have oversight -- >> i totally -- i don't agree with you, adam. look, here's the thing, there's this old timey notion that somehow investing should be years and decades, like warren buffett -- >> i'm not saying that. >> what is the right time frame? is it minutes, is it days, is it seconds? who cares? all that's happening is computers are taking

information operations in 2016.ak and we're going toa number of measures, from building and deploying new a.ihat take dowfake news, to growing our security team to more than >> the goal here is todive on the market nuances there... >> narrator: the company says it's now iesting resources and talent to tackle a range of problems, from the spread of hate speech to election interference. >> even if we can't do fact-checking, if we can do more work around the programmaticpe of it... >> narrator: this is part of the team tackling the spread of misinformation around the world, led by tessa lyons. >> the elections integrity team has a framework for how they're thinking abo secondary languages in each country. and i feel like from the misinformation side, we've mostly prioritized primary languages. >> narrator: it's a problem the om solving.its it is a long way >> the next thing is about the arabic fact-checking project. i isink the main blocker her potentially getting a fact-checker that can cover an entire region. >> you know, i came into this job asking myself, "how long is it going to take us to

maria: it's that facial recognition, powered by a.i.o the pen gonpentagon in terms of worg with the government and they didn't want the government using the technology around immigration. >> at the same time they're going to do project dragon fly in china. china, talk of theft of i.p., tech transfer, having a.i. go over there, that's one of their top priorities for their 2025 plan. maria: not to mention the program china has in place right now, the individual score program where they're spying on you and they'll give you an individual score and at the end of the year if your score is low, below a certain threshold, you won't be able to get a mortgage. you won't be able to get on a train. wouldn't able to take a plane. >> it's unbelievable. maria: google is enabling china with this. dagen: there is beginning to be pushback against google doing business in china the way they're planning and the excuse they used for pulling back on that defense contract. jeff bezos says sometimes it's the right thing to do to support your country and to pu