you say that growth is linear, but exponential -- >> exponential growth, is, linear thinking, when we were evolving as a human specious, nothin --species it was the sam. we are local minute yar thinkers. if i tell you take 30 paces linearly, you end up 30 paces down the road, but if you take exponential steps, you've gone around the world 36 times. because we are a linear thir in a world -- thinker that our world is growing in a exponential way, you can go out 24 months from now at a best buy and buy a computer that's twice as fast for same dollars that you did this year, right? and all of these technologies, synthetic biology, 3d printing, artificial intelligence, robotics, are doubling in power in 18, 24 months. >> whereas we are wired to think 1-2-3 four. >> right. that's where the incredible issue for an entrepreneur comes into play. >> so ray crosewell, the term scholar thinking, do you share that view? >> i slayer the view in a small way. the term singularity, the rate of change is going to become so fast in our future that we are unable to see beyond that horizon. sort of the s

took a while because things were starting to flow exponentially more projects and more money. this would lead to immediate rove. we recovery. we saw unemployment was -- they continued to says it was going to jump start the economy. but the most important number i think is to look at what the -- what the unemployment rate would be today if the labor force participation rate were the same today that it was then. and the unemployment rate today would be 10.8%. that is not a success no matter how the white house tries to spin it. >> dan pfeiffer today,

. >> exponential. >> exponential and the disruption.re is no industry that is not going to have to adjust and change. some will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it, but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> mike bloomberg, thank you so much for joining us. also to bill gates, thank you. ♪ ♪ >> live from pier 3 in san francisco, welcome to "bloomberg west," where we cover innovation, technology and the future of business. i'm emily chang. our lead story of the day, facebook has struck a deal to buy whatsapp for $19 billion. this is the company with 450 million users, 70% of them daily users that send 18 billion messages a day, nearly the equivalent of all of the text mess

. >> exponential. >> exponential and the disruption. is no industry that is not going to have to adjust and change. some will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it, but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> mike bloomberg, thank you so much for joining us. also to bill gates, thank you. ♪ is a paidlowing program for the tummy tuck system. the system that erases inches from your tummy. it delivers results so shocking at first people don't believe it. but my wife saw

. >> exponential. >> exponential and the disruption. is no industry that is not going to have to adjust and change. some will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it, but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> mike bloomberg, thank you so much for joining us. also to bill gates, thank you. ♪ >> he is the rebel ceo. >> i wonder what will happen. am i going to lose my life or survive? >> a daredevil who crashes hot air balloons, jumps off of skyscrapers and does things like this. >> if the risks are acceptable, i'll give it a go. >> richard branson, founder and ceo of the virgin group, makes thrill seeking his business and he is about to take us on a 48-hour adventure to his fa

. >> exponential. >> exponential and the disruption. is no industry that is not going to have to adjust and change. some will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it, but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> mike bloomberg, thank you so much for joining us. also to bill gates, thank you. ♪ >> welcome to a "bloomberg west" special on "the baidu billionaire: inside the google of china." we have a wide-ranging and exclusive interview. we learned the challenges of running a business where the government censors information. first, here is an introduction to the booming city that is baidu. >> china is home to one of the fastest-growing economies and $173 bilon

. >> exponential. >> exponential and the disruption. is no industry that is not going to have to adjust and change. some will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it, but it is going to be a serious problem and it is a problem around the world. it is not just an american problem. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> mike bloomberg, thank you so much for joining us. >> we are finding it, testing it and we are on a quest to show you the most cutting-edge companies. tech shop is democratizing investment. >> i will get a taste with an all-star chef taking on obesity. you are describing eliminating sugar. -- will take a >> bloomberg brink. companies that

the amount of data we are making is growing exponentially. what are your views in how you come up against the competition? to enable the energy requirement to move the data and extract information from the data. with the growth of smartphones there are only about 2 billion of them in use against about eight billion. there are a lot more consumers using smartphones, generating data. way to dealhe only with all that is to deploy a very energy-efficient processes into networking that links these so the together processing can be done in an energy-efficient way. privacy?bout there has been a lot of talk about concerns are data might be seen by institutions. is there any pressure when you're developing chips to have the redacted to protect data? >> we see this as a big issue and an important issue. what we are doing is trying to create technology in our designs to allow encryptions to occur in an energy-efficient way. we are seeing there is a lot that needs to be done between technology companies with governments to work out a framework for how pr

these ideas keep coming up because the growth of people in prison seems to be growing exponentially.re private prisons part of the answer here? >> i'm against private prisons. i will never never go for private prisons. it should be under the government. private prisons want to make it's in so people will check into their hotel. so i'm against that. number 2, i think you said nevada. they seem to say they are the first ones. i have been charging them for their food and medical for over ten years. but i hope they can get by with it. that's good. >> talking about private prisons. there is a quote that says . . . >> when we come back, our google hangout is standing by with questions for sheriff joe. but first, you want to up your interaction with us, check out our new app. share your thoughts during the live show. disagree with one of our guests, great, tell us. get exclusive app content. receive grabs, quizzes, and guest information. interact with other app users in real time. you can be our third co-host, vote, tweet, and record video comments and we'll feature them on air. this litera

imagine how much has changed since the thirties so if anything it has god exponentially more difficult where they have to deal with huge amounts of campaign funding, the independent groups, a primary challenges of the party, a 24 hour news cycle, a plethora of interest groups, putting pressure on the job to get things done without making too many people angry and i think that john peyser certainly has those are challenges ben you couple that with more of the independent-minded members that make it harder for them to count on that loyalty to an act legislation so i would say that boehner has done the best he could do with the bad he and that he has been dealt. >> host: professor green, speaker is also a member of congress how much attention do they pay to their district? >> guest: this is what i argue that traditionally what they think about is there party to do what the party once it is the majority party who decides who the speaker will be. i do knowledge that to win large degree battle so speakers have done things on behalf of issues and concerns that matter to them personally. so we

the shorthand answer, and are to question is exponential, digital, and a tory. >> i have one question appears so far, which i think touches a little upon not. what do the stagnation in and of innovation not recognize when their face or back? the great stagnation in which the argument kind of reach this plateau. you're painting a quite different picture. >> tethers a super smart guy. we owe him a debt because he really inspired us to work on that for us both, race against the machine, when we read his vote because he was arguing that come out of innovation and there was no market things left to invent. hanging on places like the m.i.t. lab in silicon valley come without that can possibly true. >> looking at the same economy we look at what the question we have. >> on the other hand, yet compelling data about this detonation of median income in that forced us to think hard about how this could be happening. that's where he came out with this recognition that just because median income is stagnating, that doesn't mean innovation is that meeting. paradoxically, if innovation speeds up, th

very good which because it's i wil illuste of one, because of the aid, th things could improve exponentially. baby can lid came to us with his mother. he was 14 months old and looked like a five-month-old baby. the doctor who treated him said, quite honestly, that he was going to die. after a month or so of proper food, of vitamins and dietary supplements, that little boy is now the right size, about the sidesize of a 14-month-old baby. i would like to think that his life today is emblematic, if you like, of what could happen. there can be humanitarian access, and then organizations like unr, which has worked with this population, let's not forget there are 18el thousand palestinians today, and 160,000 before the war. >> this is the seen inside damascus. how bad was it in camps you haven't been able to get to? >> well, by it's very nature that's impossible to answer because there are camps that are inaccessible. we can only hope and pray that things are not as bad as other places. but that would be hoping against national thought. that's why the humanitarian workers on the ground are calling

revolution,11 the the number of homes built illegally on farmland has been -- risen exponentially. egypt's population has grown by 4 million in the past three years and more people mean more houses are needed. armors say around 20% of the delta's arable land has been lost since 2011 -- farmers say around 20% of the delta's arable land has been lost. >> there has been no one to bring them to a council of course after the revolution there were a lot of complaints regarding the farmland. >> there is a law prohibiting construction on valuable agricultural land. but the government says it is almost impossible to enforce. >> it is not possible to be done by law by force. it as to be a society, --ement rather than >> egyptian farmers are also raising a water crisis. lack of both quantity and quality. this farm just outside cairo they found a solution. and adapting the traditional way of farming using innovative hydroponic techniques that use much less water. in this pipe system, the water is being recycled. it goes and comes back and also it injects the nutrients of the plant needs. >> it

thathat we do, i believe willealth of americans improve exponentially. we just have to get them enrolled. >> we have a little over five minutes left. let me follow up on health care. of that 40 million, how many of them were in the african-american community? what are the challenges to get african-americans to sign up in these exchanges? >> there were probably half of them african-americans. the challenge is the education of it. communityeople in our just needed to know how to do it. the mechanics of executing it. that is what we have been doing for the last few months. -- educating people, going to church is, going to the fraternity spreading the word and helping them understand the various programs that are available for them, and the kind of funding and the cost of these programs that people can avail themselves to. that is a big part of it. once you get people understanding, and it does not help, that the rollout initially has been a little rocky. [laughter] >> a little rocky? ok. >> and is not what anyone had hoped for. back, andeel that show people

. >> exponential. >> there's no industry that is not going to have to adjust and change. some will do it successfully, some won't. some people are going to have better jobs, some people are going to have to find ways to make sure that they're included. we shouldn't walk away from it. but it is very serious problem. not just an american problem. it's a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper better products but also ream ploys fewer people and we have to find a way to get everybody involved. >> thanks for joining us.

. >> exponential. >> there is no industry that is not going to have to adjust and change.will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> thank you so much for joining us. thank you. ♪ . . >> we are finding it, we are testing it, we are there as they build it. we are on a quest to show you the most cutting-edge companies on the brink of the future. tonight, we dedicate the entire episode to a brand-new city, built green from the ground up. >> right in the heart of the most oil-rich region in the world. >> who knows energy more than us? >> we will take you inside masdar, a multibillion-dollar experiment in the future of energy.

we have now seen exponential growth and can hope for exponential growth in years to come.e are in agreement to say that we can still grow the success of nafta to implement new ways. for instance, in regard to the transpacific alliance. peace negotiations should be for the best. we need to create employment. this is the key to revitalize the economy and foster prosperity, not only for the canadian populations but for the -- our populations at large. our government will keep working in expanding the free trade and commerce with partners in north america as well as the asia-pacific region and worldwide. since we want to have access on the other side of the atlantic, since we have the free exchange agreement with europe. today, president obama, president pena nieto and myself have dealt it to -- have delved into many topics. especially the world economy at a local regional level and competitiveness, north american competitiveness. we are truly enthusiastic with this idea of collaborating together. we shall keep on working together to make and to take a profit of all the occasi

. >> exponential. >> there is no industry that is not going to have to adjust and change.will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. shouldn't walk away from it but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> thank you so much for joining us. thank you. ♪ >> we are finding it, we are testing it, we are there as they build it. we are on a quest to show you the most cutting-edge companies on the brink of the future. tonight, i try on electronics that measure concussion. >> i feel bad for the dummy. >> i will meet a paralyzed man that is walking again thanks to ekso-bionics. >> how does it feel to be walking right now? >> oh, it is amazing. >> and we will check out a houze that will cut your power bill to zero. >> this home comes with a guarantee of

. >> exponential. >> there is no industry that is not going to have to adjust and change.will do it successfully. some won't. some are going to have better jobs, some are going to have to find ways to make sure they are included. we shouldn't walk away from it but it is going to be a serious problem and it is a problem around the world. particularly in the middle where an awful lot of automation is taking place, that gives you cheaper, better products but it also re-employs fewer people. we have to find a way to get everybody involved. >> thank you so much for joining us. thank you. ♪ >> tonight on titans at the table. i'll be chatting with businessman turned environmental activist, tom steyer. he was born and raised in the financial capital of the u.s., new york city but chose to open his company in san francisco. he founded the company with $8 million, and by the time he stepped down he turned the initial investment into $30 billion, making it the fourth-largest hedge fund in the world. his personal fortune is an estimated $2.6 million.

serve about 55,000 but the number of programs and things going on in our schools has expanded exponentially. there is a perception in the community and in the city that we have lots and lots of empty buildings, and the reality is that's simply not true. currently there are only three sites with structures that are vacant and not in use. 200 middle point road, 1950 mission and the former site on 42nd avenue. we only own two sites with no buildings on it, seventh and loton and on connecticut so part of the messe that the school district is trying to get out to the community, particularly for instance from charter schools who think we have an abundance of empty buildings we actually have vibrant school communities in the buildings and even if the population of those schools is lower we have expanding special needs, expanding child care, we have pre-k and programs filling up these classrooms. for those of you that ausknow the education code makes it hard to sell school property and that's on proper because in the 50's and the 60's school boards popped up and we can have a fire sale and raise mo

. ~ 1985 the increase in rent has gone up incredibly, exponentially. all i sd is that we find ways to mitigate the hardships that are placed on tenants, not tenants like me, but tenants who don't speak the language, who have been threatened -- sorry, to be threatened that they'll be sent out of this country. again, i just ask you to support -- work in collaboration with campos and coauthors and thank you for the time. >> next speaker. >>> good afternoon, president chiu and supervisors. i want to sing... ♪ city sunday will never be the same the denver broncos lost the super bowl game they'll not be back again when i woke up sunday morning to watch the super bowl game and i watched it all day till it was almost dark sunday will for the denver broncos never be the same they've lost their super bowl game and i hope they'll be back again i remember sunday in the city sunshine and half time was fine sunday will never be the same they've lost their football game and not be able to be back again sunday will never be the city same ♪ >>> well, i finally get my v

. >> that frequency is increasing exponentially and the trend has got zone big they now have their own i went to anaheim, california, one of the first e cigarette conventions, just to kind of see what it was all about. >> that is. >> disgusting. >> disgusting. >> let's check it out. >> it is disgusting. let's check it out. >> everywhere you look these days, people are puffing on a new alternative to conventional tobacco cigarettes. they are called electronic cigarettes and they have become hugely popular. thanks in part to a slew of glitzy television ads featuring celebrity promote their virtue. >> i am general i mccarthy. >> as a anything particular researcher i was intrigued to witness in phenomenon, firsthand. we are me at the first ecc southern california electronic cigarette convention, evening-cigs were invested in kinchina. sales have exploded in the use, $1.7 billion worth. let's go in and see what the fuss is all about. ♪ ♪ >> whoa. ♪ ♪ >> cigarettes aren't cool anymore, believe it or not. ♪ ♪ >> with smoking you have two basic flavors, tobacco or menthol. with this, you know,

it's been such an exponential growth, even from the time i was by myself in the kitchen. juicing is squeezing every last nutrient out of fruit and veggies until it's left into a pile of pulp. the juices are combined into ecclectic concoctions that nourish your body with more veggies than most people eat in a week. this process. it not only allows you to get those nutrients, but it allows you to get it in a very concentrated form. there's 4-6 pounds of fruit and veg that are in any 16 oz drinking tall glasses of green has gone beyond just the yogis and hollywood health nuts. a swanky juice bar like squeeze is the latest trend in the 50- billion dollar health and wellness industry, and the category is estimated to grow by 6 percent a year. over time as these juice bars grow and evolve they're going to saturate the market, similar to the way cupcake have grown over the past six years a juicing is a tedious and messy process, and not easy to do at home. so buying from a hip juice bar is much more convenient. and you have to pay for that convenience- squeeze's bottles can cost

. >> his black audience is growing exponentially. >> we're speaking for the black people.for people. >> i might not be able to speak for the black people but you definitely can't speak for the black people. >> chris brown got a day pass from rehab to visit his lawyer he made the dumbest decision to the way back. he decided to stop at trey songz' blowout super bowl party. >> if he asked for permission, would they have let him? >> no. >> i can go to trey songz' party? because i want to see some bitches.

tter and they need to have exponential growth.maybe one day, google. >> start commercializing things. hans nichols from berlin with the latest on twitter. this is very symptomatic. you call them fashion stocks. >> we have seen that. it is in the tech space where the concepts start. people get excited about the new digital age. it is to the benefit of the consumer, in terms of increasing productivity of communications. in terms of making money and monetizing? we have seen this with facebook and it does not mean it is a bad product. as an investor, i want to get earnings out of it. i think this is designing a model. >> you want to be in stocks. i'm talking about retail. there we have the next 12 months. but you have to wait until you have a valuation gap. stocks wee consumer see in emerging markets are quite interesting and technology is also very interesting. you have to take your points. we're thinking about notuctivity enhancement and traditional technology. this technology with climate change issues and energy efficiency. is per