asr captioning has been improved a lot in the past few months.wasn't really possible last year because the error rate was so high, but now asr has improved to the point where we feel very confident in being able to pilot the programme to see how well it works. and we can also make improvements with the language model. one of the main challenges of speech recognition has been finding a way for deaf and hearing people to communicate in situations where there isn't an interpreter around. these students are using a special instant messaging app developed at the university. we all know how inaccurate speech recognition can be. in this app users are notified when some words can't be trusted, an invaluable tool when the user is solely relying on its accuracy to communicate. i think automatic speech recognition is just getting started really and it's going to be improving. i think it opens up a whole new avenue that hasn't been possible before. we want to become the hub for really experimenting and looking for solutions to reduce the communication barrie

asre are some familiar faces i look across always. we are at the reagan national defense forum and for those of you who are in the audience who may not have been there or had a chance to see the live version on television, i suggest you find a life fared it was a beautiful saturday. timely topics. i want to thank you all for asking me to come and address group. it is great to see him. it is great to see all of you.

if you're really good at pia create piano lessons asr business. if you're good at writing, there's plenty of opportunities to write blogs. and if you're computer savvy you can create websites as a business. you can take a look at more opportunitiesideas on my website. - of course starts rolling in, we need a way to manage it. what do you think about setting up a student paypal account? - there are a lot of ben d suggest, talk to yoents about tt first. - thanks so much. your advice certainly makes sense and hopefully lots dollars - thank you. - no question, starting your own business takes lots of work but it can be lots of fun, and great for your college application. in fact, it might even help you pay for college. for teen kids news, i'm eden. (upbeat music) - therlots more ahead on tee news.so don't go away. we'll be right b (silly m) ea obably the greest sculpt in history was michelangelo buonarroti. and he wasn't shy about it. while visiting st. peter's basilica he overheard some visitors admiring his work. the marble sculpture called the piet

asr lost a case in the eu judges regulate it should be a tax -- taxed as a non-tech company and a taxny -- taxi company. it is seen as a challenge to other companies such as airbnb. the kiwi dollar strengthened against its u.s. peers after new zealand posted third-quarter gdp numbers. business confidence are unsigned that they will be no rush to raise interest rates. -- - and one >> we go to a leading chinese think tank saying the economy will likely slow. forecastingacademy 6.7% down through about the same age. this year, coming as senior leaders announced a three-year drive against what they call critical battles. message, supposing the leveraging best >> it like dinner focus is the banking system. they want to control the -- perhaps with that means, is they andannouncing the leverage the finances some. -- system. >> they indicated this unless year there were no implications. >> digits. globally, banks are tightening. weekeople you see last tightening, but really there's notification to tighten benchmark lending. most economists don't think it will do any in the first half, so we ha

he's a health economist and asr of strategy as kellogg school of management. good to have you back on the program. have we just seen a glimpse of the future? illustrates i think we are. i think the moves we are seeings by cvs and aetna, and as you mentioned by anthem dropping their pbm and forming their own program, are really signs of a re-coordination. we'll have a different set of firms with different activities they can do to compete in the marketplace. what will it mean for consumers? >> immediately it's not going to mean a lot. i think it will develop over time, but the hope we have is we can offer a better coordinated medical and pharmacy benefits es we can make it easier to get access. those are the types of things we would see when we join a company like cvs or aetna or seeing what united is doing with it's optum division. >> so what i see -- tell me if i'm wrong here, is insurers and providers getting together so that more of the -- so there are cost efficiencies and so that more of the revenue stays within the ecosystem that they create. in other wo

asre are some familiar faces i look across always. we are at the reagan national defense forum and for those of you who are in the audience who may not have been there or had a chance to see the live version on television, i suggest you find a life fared it was a beautiful saturday. timely topics. i want to thank you all for asking me to come and address group. it is great to see him. it is great to see all of you. interesting times that we are living in. i would like to address with this group who i know in looking here that you have been in enduring endorsers of national security. i want to address my thoughts on how we are going to take this institution going forward. i will also give you an update right now. it has already started out to be a good week and the pentagon. today is a nice day because i swore and the new under secretary of the army. tomorrow i get to swear in james. i think we are really putting meat on a frame that is going to carry the organization forward in a positive trajectory. one of the first things that we do

we bank with a lot of big companies and we bank with governments so we'll be over time asr saudi arabia the middle east grow. >> you do a lot of bond sales for them, as well. a difference if the 2030 vision works out? about $27one billion of bonds for both the government and we do it companies. their the vision 2030, every country should try to have a develop itself over time, how it improves its businesses, the lives of the people. a big difference. if they succeed, it will be good for the people here and good for the business. >> jpmorgan has the highest market share in its history in deposits, ficc, equities, grow further? >> we're certainly going to try. answer is the yes, some i do think it's high and shouldn't be expected to continue forever. the world is going to double in size in the next 12 or 15 years. there's plenty of threats. competitors around the world. but, you know, but we spent a lot of money on technology, we know what we're doing, we're operating we helphe world, the company grow around the world. we're going to twice as fast market,eveloped we're pretty comfortable

they're in await and see approach at this timg at the forecast very asr thisy. afternoon drone6 was flying around those trucks were loading up some of the salt supplies getting ready for those overnight hours when the flakes begin to fall. earlier today, in the early morning hours, the trucks were out in force and the major arteries here in the delaware valley they were applying brine to the roads. officials say when the flakes begin to fall they'll be out in force. >> right now we're prepared to deploy 250 trucks. that's our game plan going into this. we'll continue to monitor the forecast tonight and if things change and things go worse we have the ability to bring in another 182 trucks. >> reporter: and penndot officials say they are fortunate because this storm is beginning in the overnight hours. there will not be a lot of traffic. it is a weekend. that said, they say there are some concerns with the army/navy game. there could be some traffic with that. anyone who is going to be traveling the roadways tomorrow penndot wants you to take a look at their comm

stocks asr investors anticipate the passage of the tax bill. be reporting their earnings tomorrow after the bell. joe: and i will give economic data. housing starts and building permits for november come out at 8:30 a.m. eastern. we got a great homebuilder sentiment number earlier today. julia: and u.s. senate banking committee considers scott garrett's nomination. bloomberg technology is up next. joe: have a good evening, this is bloomberg. ♪ cannot live without it. so if you can't live without it... why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. alisa: you are watching bloomberg technology. let's start with a check of your first word news. at least six people have been killed in the amtrak train derailment outside seattle according to the ap which is the death toll is likely to rise

i am referring to off cycle credit. , asre told that nhtsa's with the epa and allowed these credits to count the way towards goals and fuel economy standards, so dr. cooke, aren't these off cycle technologies already factored into nhtsa's fuel economy goals? >> that is right. nhtsa exquisitely voted them from the 2012 to 2016 regulations when they set the standards. >> didn't nhtsa intentionally set fuel economy goals lower goals precisely because its program did not include these credits? >> that is right. the standard was about one mile per gallon lower as a result. were to allow off cycle credits to apply retroactively to its already discounted fuel economy standards, shouldn't it also receptors and is to make them more stringent -- should it not also make them more stringent? >> that is correct. >> do you agree with the estimate that this would raise the cost of car $3000, does this take into account the lower gas price? >> i have no idea where the $3000 number came from. it is outdated. >> i yield back. >> the chair now recognizes the chairman of the sub midi of environment, the d

that's why at asr, we're on the right path to either achieve it or come close, and even coming close will be an achievement. i do -- dr. mohs, you make the point to develop truly effective ways to treat and delay on sets will require many studies, potential medicines, patient assistant technologies and a combination of approaches. we are doing that, right, or are we lagging in any of those areas? >> we are doing it. i think it could be done a little faster. the scientific uncertainty is still great and so the only way to tackle that is to accumulate knowledge as fast as you can and that requires -- >> how many compounds are being tested -- >> i think the last we checked there were about 30 something in phase three and in the 60 range in phase two and usually companies don't report earlier than that because it's so iffy it's hardly worth reporting. there's a lot. and that doesn't even take into account all the little labs and so forth around the world, but on problems like this you need a lot of ideas, you need a lot of studies to help resolve the uncertainty about those ideas and the

that's why at asr, we're on the right path to either achieve it or come close, and even coming close will be an achievement. i do -- dr. mohs, you make the point to develop truly effective ways to treat and delay on sets will require many studies, potential medicines, patient assistant technologies and a combination of approaches. we are doing that, right, or are we lagging in any of those areas? >> we are doing it. i think it could be done a little faster. the scientific uncertainty is still great and so the only way to tackle that is to accumulate knowledge as fast as you can and that requires -- >> how many compounds are being tested -- >> i think the last we checked there were about 30 something in phase three and in the 60 range in phase two and usually companies don't report earlier than that because it's so iffy it's hardly worth reporting. there's a lot. and that doesn't even take into account all the little labs and so forth around the world, but on problems like this you need a lot of ideas, you need a lot of studies to help resolve the uncertainty about those ideas and the

but now asr has improved to the point where we feel very confident to pilot the programme to see howments with the language model. one of the main challenges of speech recognition has been finding a way for deaf and hearing people to communicate in situations where there isn't an interpreter around. these students are using a special insta nt these students are using a special instant messenger app developed at the university. we all know how inaccurate speech recognition can be. —— special speech recognition app. i think automatic speech recognition is just getting started really and it's going to be improving. i think it opens up a whole new avenue that hasn't been possible before. we want to become the hub for really experimenting and looking for solutions to reduce the communication barriers that separate deaf and hearing people. that was paul carter. now, in the uk, around 5% of all railjourneys are made by those with a disability ora are made by those with a disability or a long—term illness. that equates to around 85 million railjourneys every year. now, while not all disabled