>> so carnegie mellon is a top tier. if you take the area of computer science, for example, the computer science school of computer science that andrew leads -- >> in that regard of course, but i mean even on other avenues like athletics, some of those kinds of levers that people throw sometimes. >> so it just turns out that carnegie mellon has distinguished itself in one area that we have more division 3 athletes that have a 4.0 average than any other university. so obviously given the size and the scale what have we want to do we cannot do everything, so we have to pick and choose what we want to do. we don't have a medical school, we don't have a law school nor are we trying to acquire one anytime soon. >> exactly. >> so i think one of the reasons our computer science school has become world leading is because deliberate decision was made by one of my predecessors that this is an area of significant growth and we have an opportunity to be a world leader. >> and now we see all the funds coming in of course on the busin

at the 2007 challenge they placed second on the gm carnegie mellon 18. -- carnegie mellon team. g.m. cuts jobs. conceptls an autonomous vehicle built with the same technology built in the 2007 car. google expands its driverless car program. and the race kicks and high gear. g.m. and segway make the final version of their earlier model. who unveils a fleet of test vehicles retrofitted. states passed laws allowing trevor less cars. expands into gm's territory and build its own car without a string miller pedals. in 2015 gm shows up to cadillac with the super cruise feature. they plan to sell the sedan in 2015. google says they have driven over one million miles in their driverless cars. they sometimes can't distinguish between trash and people. we could see the cars as early as 2017.as early recognition, artificial intelligence, all part of the work done here at the silicon valley arm of the chinese internet search giant. are in a unique position to see the best ideas from beijing and to put them together to create things no one else has created. >> meet the mastermind behind goog

i am kelly evans out here at carnegie mellon university in pittsburgh.o let you know, bill, i'm making a new friend here, i think he might be a capable co-host even. had i, herb. >> hi, kelly. >> he is a home exploring robot butler, bill. he not only co-hosts i think he can bring me coffee from joe kernen to herb, you have been all over

said-- saw something in me and helped me get into the high school of performing arts and then carnegie mellon university. but it was a real struggle because i was an a student in the south bronx. phone it in. just show up and you're a student. to a middle class school, the high school of performing arts where i became a c student. and it was very difficult to catch up. but i wanted to get to college, so the only way to go to college was on an audition. so i don't know that i really was so-- i mean i loved theatre and i loved television and i loved stories. but it was really sort of, "how am i gonna get to college"? i was gonna get to college one way or another. and the only way i could get in was on an audition. much the same way african american boys go on sports scholarships to school. >> we're both puerto rican. we both grew up in new york. and both in a similar era. and we are a small people inside a big nation. and really in many ways an unknown one. but then there's a certain, a certain set of grace notes, that's our stuff. >> right. >> you know? it's not apparent to everybody. >> right

so here are three of the most prominent in the world from carnegie-mellon. he was also on my ph.d. committee so what is the idea of basing the list? the most direct version by filling the gaps in our knowledge by hypophysis in the basic idea is interest deduction and with the idea how do we deduce things? deduction goes from the general to the specific this goes on the specific to the general so think of that's lower integration is part of differentiation. for example, edition is the answer to an end to what do i get? attraction is the answer what do i need to ask in order to get for? and in exact parallel with that deduction follows the you go to humans are more toll to guess what? this comes from general knowledge here but the inverse says it is it my data then what am i missing? and of course, the answer is i need to know that humans are mortal. here the rules are written in english but for the computer is written in formal logic so the idea is the same then you run these rules and you can do something that you cannot combine them and arbitrary ways that has never been done befo

other question that has come up to me, and i was discussing this with good share of english at carnegie mellon, she is writing about how the eastern european intellectuals and artists were handling this. uniond they negotiate the of soviet writers? one of the codes by which they are trying to engage and experiment with techniques without being detected? that is the next thing -- when whennt these books over, we had covertly published american books in belgrade by paying publishers to make them -- howke other books did readers understand? how did readers respond? i think that is something that we need to know. i don't have the language, and that is one of the reasons in this field of study i cross between cold war history and book history. book historians are really interested in how do we talk about the way people read and understand literature, and how that determine what it means. most of us are french, german, and english speaking. we don't have access to these languages and i would be interested in 1955 in 1956, the first two publications of faulkner. i would love to know how were people r

thanks to everyone at carnegie mellon for having us here. "fast money" begins right now. >>> thank you, kelly. and "fast money" does start right now for friday. live overlooking time square i'm melissa lee. we have the panel. tonight a slew of erns from tesla, shake shack and facebook. for one there is a sign of a breakout and we'll tell you what it is. and valt breaking below $100 a share and there was a three-hour long investor call today. but very bizarre comments that were made that have people talking. we'll tell what you he said. >>> but first, the incredible month of the market. led by materials, tech and energy. and so that was the year end rally or is there a passive run into the year end. guy? is there more to come? >> i think next week -- today is the last day of the month. halloween tomorrow, boo to folks at home. but the fact that we closed low, typically you would accelerate on the close but instead we saw a big reversal. s&p sold off 14 handles. i'm not going to make a big deal out of it. but it is atypical. next week is inter

i bought a lot of carnegie mellon. >> he said he was surprised by the dover tone out of the ecb but theyemain cautious. >> i know david tepper, he schooled me at goldman sacks about some bonds i wanted to buy for someone. ever since then i've been in awe of the man. i think he was there to talk about the incredible charitable work that he was doing which is a remarkable. a guy who goes ohhome, believes where he went to school. >> day two after news from pfizer and allergen confirming friendly talks. 3.08 is the number there. many are wondering what the price would be paid by pfizer. the likelihood would be all in pfizer stock. the combined company must be 40% of allergen shareholders, so they would qualify for inversion and become an irish taxpayer. pfizer shares down a bit. you will have a large spread here regardless if they get to an announcement because of the fear of politics. is it likely the treasury would change the regs again? no. one of the key reasons pfizer seems to be moving now as opposed to waiting for any length of time to have gone by is that they want to try to close th

in the sglast being in a self-driving car is a pretty amazing experience and had a chance at carnegie-mellonhat was unbelievable and can't imagine what the technology is now. we tend to leap at end and where the car will pick you up and drop yourself off and it will go to a slow creep and there will be an additional feature, additional feature and then we're at self-driving car stage. do you think that insurers, for instance, have dealt with this idea of that slow creep of technology which is part of the march towards self-driving vehicles and not quite there? >> they will have to deal with it and they will because the self-driving car is inevitable. electronics will make start-stop decisions and find -- realizing the light is green. electronics will realize that about five times faster than the average human driver, so traffic clowe is going to be and it's inevitable that it has to come. lawmakers and insurance companies will deal with it and so far it turns out that all of the accidents have been driving with self-driving cars have not been caused by the self-driving cars. >> bob, i'm sorr

i will be at carnegie mellon university in pittsburgh for a bare of big interviews. teper, that's going to be on squawk box, then at 3:00 p.m. eastern we will get the jute look for tech startups when i peek with kliner perkins ray lane. hello, ken jennings. i haven't seen you since that tv quiz show. hello, watson. you can see now? i can recognize people, analyze images and watch movies. well i wrote a few books, did a speaking tour, i... i've been helping people plan for retirement. and i help doctors identify cancer treatments. is that all? i recently learned japanese... yeah, i was being sarcastic. i haven't learned sarcasm yet. i can help with that. you ppremium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until

carnegie mellon university in pittsburgh home to engineers that have been working on autonomous cars ecades, we visited the team and went behind the wheel with carnegie melon. >> just like cruise control buttons. >> autonomous driving. >> whoa. who whoa. >> so just turning the steering wheel. >> did it no no car was coming that way? >> it knew there was a car there. >> do you ever go like this when you pass a car? >> i try not to do that so people react normally to this car, it's like a normal idea, they have no idea some crazy thing is happening. >> glad you said that. >> you can see the classic light screen. >> okay. okay. so it knew that it was a red light. >> yes. >> how did it know that. >> we have a device that tells that it is red. >> your car is communicating with that stoplight. >> that's correct. >> that's because of this being a special top light. >> that is correct. we work with the authorities to install these devices. that's using vehicle infrastructure so it can communicate with the infrastructure, knows what the status is. >> that's called vehicle to infrastructure. >>

james rohr of carnegie mellon university, thanks for your time. >> thank you.n new york. >> thank you, jim. >>> earnings coming in now just from chevron. like fellow oil giant exxon it pe beat estimates on the top and bottom line. sometimes you wonder is it the company or the incompetence of the analysts? it also announced it expects to cut over 7,000 jobs over the next seven years to lower capital spending. that stock is up about 1%. >>> when we come back, we'll get to jim cramer from the new york stock exchange. check out the futures this morning. they've been higher all morning long. right now dow futures up by 53 points. s&p 500 up by five. "squawk box" will be right back. or stop to find a bathroom? cialis for daily use, is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood press