that they want to sell and they have shares of i.b.m. they want to buy and then there's a specialist who's responsible for price discovery or clearing markets matching those orders on the book you guys a bank or have a let's say a virtual market making technology correct you don't actually publish prices based on buys and sells it's a different system and this is really i guess the secret sauce a few well the value added that bank or banks ok to describe that yes so if on the exchanges the market makers are essentially the liquidity providers when you want to you know actually could have earth you would buy from some market maker that put an order in place bank or the market makers a smart contract. immutable decentralize smart contract that actually holds two currencies in the lao liquidity between that and he's a very straight forward smart contract and as you buy one currency becomes more expensive as you buy the. new convert to the other side who became less expensive so so it is doing the same thing i would like to i like to describ

they used to get it my name is i.b.m. i'm going to be your top guy welcome to the hysterical this fifty is a thirty thousand teachers in the old area of jet that. a special tour in an ultra conservative country. if i didn't know that there are tours because it's not being promoted yet when the saudi arabia is known as a black box the country wants to open up and it has to in order to reduce the country's growing unemployment and state deficit. they have your hopes the changes will also rebranded the image of the kingdom. yes from here to. so the first question is always how do you saudi a pure saudi yes i'm saudi and there are hundreds of ladies like me hopefully with all these changes that would have become three that west would change the idea about the saudi woman it's not considered decent for women to do jobs who are men and women makes but this is changing to. another year is about to get her certification as the first female tour guide she says she has also experienced a lot of resistance from men that saw her as c

is contractors every word fear technology google for not the only tech to get a pentagon paycheck i.b.m. and the computer graphics for nvidia are just too which have worked on military projects still google baso see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the technology flags images for human review and it's for non-offensive uses only google claims it's. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation one of the most artful in the world and plays a such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like war like autonomous weapons and there's a lot of pressure on the high technology se

what play if you chose to buy good from i.b.m. the supplier that you'd like your. zip. to go to my poor i'm uploading. the one million you about. now that the piles have been driven and we can build a pella you can clearly see how the iron work is woven over the piles. it's almost as though the construction workers are literally weaving the skeleton of the pillar . eventually the concrete will be poured over the whole structure. when you click on the fish you both will go if you are near the food the pool occulus loses much good few. immutable. wish you could go could go. looking like you think. a sport was a we were yet study based study whatever. yes there were much too much people so wasn't you almost zero by minutes. to sort of guide you and show you more of a. story would only result in a model of what exactly would you expect your candidate could be true to show. up going to go idea veolia on your watch. but yet there's still that the money go up polish and i live although if i'm not going you're still would like the people on the floor seeking to slow you up and

i.b.m. construction almost back upstairs in time for lunch traditional roast suckling pig is of course on the menu served by long time meter deep have your sanchez after forty years of boating he's also become a permanent fixture here he tells me one suckling pig can serve up to five people. one particular guest used to eat here quite regularly death in the afternoon and tony what do you know about hemingway's time here very familiar to us could fold up home here and both mean even if you tried to buy one was. no good results then my grandfather told him and i still keep on writing code that by myself. well i have to read this famous passage from the second to last page of hemingway's book because he mentions exactly this dish he says we lunched upstairs at both teams is one of the best restaurants in the world we had roast young suckling pig and we drink rio ha outta so in the spirit i guess it's time to raise our glasses and say salute and to the next few hundred years of business at. the.

to run an i.b.m. was or four years we've been listening to these fears that our ships could even ram into venice and i can only keep reassuring people even with the biggest ships the chances of that happening are zero. so the industry is still fighting to keep the huge ships cruising by st mark's square it's a business worth millions but resistance is growing also due to the exhaust fumes the ships release into the air. more and more of the nation's feel their city is not on the right course. for the road but these they got a far so far big construction projects have been decided by the corporations operate in the port and the airport but it's only about growth of a bigger ever more as for the city's welfare there's no strategy whatsoever. that makes paolo petruchio both angry and sad each year venice is fifty five thousand residents are overrun by thirty million tourists many think the time has come for radical counter strategies but of the cemented it's paradoxical but the best tourist for venice is

doesn't change that but it does affect the technical features the ele the headlights now have a matrix i.b.m. function there's a choice of three. fresh colors from the body as well as the optional extra high gloss black trim around the radiator grille and lights although these are hardly major changes round the back however a manimal discover something we've never seen and this form before on a mini. not a well this is a cute addition the new l.e.d. taillights who have a design inspired by the union jack the flag of the many native britain and if you have the preceding model you can order the new lights and mount them in place of the older ones. a circular design is echoed throughout the interior the real attention getter here is the six point five inch color display in the center of the dashboard it's surrounded by an illuminated ring and boasts enhanced functions. such. as seat backs with side supports keep the driver in front passenger comfortably in place the arm rest is likewise covered with leather. can the human will find the changes in the cabin and on the exterior just a bit muted w

google nor is contractors were fear technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics firm nvidia are just two which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the typology flags images for human review and is for non-offensive uses only google claims that. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation on one of the most are form the world and plays are such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like war like autonomous weapons and there's a lot of pressure on the high technology

nor is contractors every word fear technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics firm nvidia are just two which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the typology flags images for human review and is for non-offensive uses only google claims that. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation one of the most artful in the world and plays are such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like war like autonomous weapons and there's a lot of pressure on the high technology se

nor is contractors every word fear technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics firm and video are just two which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the technology flags images for human review and it's for non-offensive uses only google claims it's a i won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does. the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation on one of the most powerful in the world and plays a such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like or like autonomous weapons and there's a lot of pressure on the high tec

little bit of time i want to hit you sort of a light year on with two quick questions one is related to i.b.m. the computer company you know they have now and so they're partnering with the british in the fin tech start up to issue a crypto token on the stellar block chained to tokenize carbon credits which seems like a pretty cool idea to what do you make of that. that's no brainer and stella's astellas a very interesting stella by starlight here very interesting company it's a ripple break off that everybody underestimated when the air dropped i think it was eighteen months ago or something like that but it's just been killing it out of the markets these days they've been doing very very well i think you know it's a wonderful idea these partnerships are are endless and. ever more equal the whole ecosystem is getting crazy and complicated and globalized too so yeah this amazing things going to produce to study the other they suggest the failure rate is actually very high. in this industry but it's about what you would expect from a typical business start ups i mean so a looks alarming first

won't be the only ones affected by this they're basically experts are saying that bob ward he's an i.b.m. chief digital officer he's saying that obviously to technology jobs won't be the only ones of fact dead and every profession like ours no one is going to be untouched by ai even when you talk about the creative world we're working with the music producers right now to be their creative news to help them write songs hit songs so i don't think there's any profession in the world that will not be hit by artificial intelligence and the coming years so the good news is experts say the ai technology isn't smart enough at the moment and won't be for some time so for the time being jobs will be transformed rather than completely eliminate it which is great. well the two things one when you talk about the non-technical stuff you and i were speaking before the program about the japanese robots that are going to milk crows so there are some things out of tech and well we can replace we cannot replace you archies banks thank you for being here thank you. and here to discuss the recent media merg

of you have security products and then all of sudden you had security future is product what will i.b.m. be worth in six months that's not an f.c.c. regulated think it's a well it was debated could it be in a good because the future but i keep going back to and i'm going to apologize to our boom busters out there watching because i go back to this thing called the how we test my policy is that it's a little arcane but you know how we test was a supreme court you know this but our viewers may know. supreme court case and he's right and it goes back to forty six print court cases as you see verses out and it says one in this is the criteria for if it's curity so one is that an investment of money yeah i invested a bit coin or if there is an expectation of a profit in my investment yeah i'm not doing it for fun three isn't an investment of money in a common enterprise you know we're all in it were soaked through and then the fourth one and i guess this is the one with the it's the debate about part but does any profit come from the acts of a third party or a promoter and i've yet to see a

contractors will every build were feared technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics for nvidia are just too which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the technology flags images for human review and is for non-offensive uses only google claim. it's a i won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation on one of the most parcel in the world and plays a such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like war like autonomous weapons and there's a lot of pressure on the high technology

with a really sophisticated series of a p i's not to get too boring and we're doing with watson with i.b.m. so we're using all the stack that they've been building for a long time to kind of create more intelligent networks and we're building from the ground up the tech to do this so if you add to our system your data is completely private we don't know anything about that we don't know that you're maxed but we're following everything that you watch more constantly looking for patterns that are emerging so for example kind of a crude analogy is brazil change their t.v. last like six years ago when i was over there and they were doing more kind of local brazilian content less western kind of global content and it turned out there was this interesting overlap between brazilian tele novellas and korean soap operas so the two countries had started talking about formats and there was a sort of weird completely non hollywood exchange of creative between brazil and korea and the time it kind of felt would be cool to develop more of that more out of brazil the show they actually turn the sound dow

with a really sophisticated series of a p i's not to get too boring and we're doing with watson with i.b.m. so we're using all the stack that they've been building for a long time to kind of create more intelligent networks and we're building from the ground up the tech to do this so if you add to our system your data is completely private we don't know anything about that we don't know that you're max but we're following everything that you watch more constantly looking for patterns that are emerging so for example kind of a crude analogy is brazil change their t.v. last like six years ago when i was over there and they were doing more kind of local brazilian content less western kind of global content and it turned out there was this interesting overlap between brazilian tele novellas and korean soap operas so the two countries had started talking about formats and there was a sort of weird completely non hollywood exchange of creative between brazil and korea and the time it got to be cool to develop more of that more out of brazil the show they actually turn the sound down because i pe

want to round in this republic so there you see signs from her towns villages from i.b.m. from all parts of the country. if mr passion is just about to become prime minister does he also have to change the electoral system because that system was changed not so very long ago and critics of the republican party said look it favors the republican party because of certain aspects that were built into it and that some fair and it damages democracy. of course yes actually that's one of his first and main objectives he has said if he does become prime minute. sir today says that he will work with the majority republican party i'd change some of the sure that the likes. of the. monitoring. that i have a problem with. ok will leave you this is an impetuous sunday and yet have been great to talk to you thank you so much for joining us. the news chief breaks it a go see it was calling for a deal to preserve the so-called invisible border between northern ireland possibly u.k. and the republic of ireland michel barnier was in the irish republic on monday as laurence leamer reports he

i.b.m. is invading capitol hill this week to lobby against the european union privacy law.mpany's executives will tell lawmakers the u.s. needs its own privacy frame work. based off the new e.u. law, shouldn't become a global standard, and the measure imposes tougher rules for how data collectors gather and use personal information. sony is taking a stake in the company behind snoopy and charlie brown. sony's music unit will buy 49% of the 80% stake that canada's chx media owns in peanuts holdings. the price, $185 million. the family of the late peanuts cartoonist, charles shulz, owns 20% of the company. and b.p.'s c.e.o. has says the u.s. withdrawal from the oin nuclear accord could cut oil supply by one million barrels a day. bob dudley made the comments in an exclusive interview with bloomberg. >> i think what we've seen is a withdrawal from the agreement, which seems to me the beginning of another negotiation of some kind, but implied harshly, you could lead to a million barrels a day on the markets, and that will affect things. there's a lot of uncertainty out there, a

in other words, if you work for i.b.m., you in effect get about a $5,000 average tax break because of the way the tax law applies to employer insurance. we'd like to give the same opportunity to the self-employed and to people in small businesses. the trump administration has also proposed a rule that would reaffirm the role of states in regulating short-term health insurance. this could provide a coverage option for americans who today are uninsured because plans in the affordable care act markets are too expensive. neither of these changes require the approval of congress. i'm talking about azar, the centers for medicaid and medicare services, about other administration actions they can take to give states more flexibility within the current law to help lower health insurance premiums, especially for the nine million americans who do not receive a federal subsidy in the individual market. those are the ones who are getting hammered. those are the ones whose rates we could have reduced by 40% over the next three years, but the democrats said no. i will be encouraging governors and st

companies they won't be the only ones affected by this they're basically experts are saying that he's an i.b.m. chief digital officer he's saying that obviously to technology jobs won't be the only ones of fact dead in every profession like ours no one is going to be untouched by ai even when you talk about the creative world we're working with the music producers right now to be their creative muse to help them write songs hit songs so i don't think there's any profession in the world that will not be hit by artificial intelligence and the coming years so the good news is experts say the ai technology isn't smart enough at the moment and won't be for some time so for the time being jobs will be transformed rather than completely eliminate it which is great. well the two things one are when you talk about the non-technical stuff you and i were speaking before the program about the japanese robots that are going to milk crows so there are some things out of tech and well we can replace we cannot replace you archies as she banks thank you for being here thank you. and here to discuss the recent