you mentioned twinkies and car rentals being under the same roof, i assume that was a reference to itt. what he did was very successful at the time. you talk about a company worth a few million dollars and turn into a multibillion-dollar company, but as soon as he left, this is what, 1970 nine or 19 80, there seemed to be at that particular company some sort of awareness that having a multi-headed company or conglomerate in the way he built it was not necessarily the best way to run an operation. if itt and the shareholders and the board and executives realize that in 1980, why did it take us until the two thousands before general electric seemed to get the same message? >> great question. it should have happened 20 years ago. inertia has its own guidance. it has been a trend. investors have applauded for decades, for example when itt did break up, the same thing at tyco a couple years back, honeywell, a long list of companies that have had wake up calls along the way. the most recent at ge came late in my view. probably should have broken up years ago. i think the good news is under l

i think itt could be a real tran wreck if you're not on top of it. i want to talk about an annual safety culture survey that is required, hasn't been done yet. there was one put out in august of 2020, at least, yeah, a safetyty culture assessment report. that august of 2020 report had some pretty alarming statistics inin it. 49% of faa employees indicated they believe the safety concerns orve instances will notot be addressed. 43%, this was august of last year, 43% believe the faa delegates too many certification activities to thefi industry. 34%, the employees said fear of etribution is one of the reasons employees don't report safetyaf issues. so we're a year later now, and we don't have that annual safety culture survey. when cancu we expect it? >> senator, the safety culture survey was done as a baseline as we set up the voluntary safety reporting program. and that started in april, and weha wanted to let that run for period of time so we will be doing the survey within the next few months. and then we're going to do it on an annual basis going f

after i thought about itt. i sa, that's perfectly all right,ca because thehe 250 pages she knocked out, i can use for the next book which would be the history of harlem. so she did me a service in one sense. i think she's gone on to bigger and better things, and, i mean i don't know about bigger, but she's gone on, i think she's with "bon appetit" now, oh, my goodness, conde nast, she's in highgh cotton, ridin' high. deservingly so. a very fine woman. i started off with the idea of having four black women here with me, and four black women responsible for me. and i'm'm looking out in the crd and i see so, so many african american presence here, and that's important, because we need you as we push hard into a whole arena of publishing in this country. it's a struggle that we have waged going w all the way back zora neale hurston. zora, i mean, she was just indefatigable in her struggle. we can talk about all of her books and it would exhaust theb time we have together here. but certainly with looking at how they

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is itt really private at that point? because i think there's an argument that facebook will make, which is that, you know, there might be a sensitive group someone might post einto, and w wouldn't want i to share it eve if 25,000 people saw it. i think that's more dangerous. if people are lull into a sense of safety no one can see their hate speech or more sensitive, like maybe they haven't come out yet. that isan dangerous because tho spaces are not safe. whenen 125,000 people saw something you don't know who saw it and b what they might do. proponent of both twitter and google are more trance parent. because google knows this happen they staff engineers. twitter knows 10% of all public tweets end up going out, and people analyze those and because twitter knows someone is b watching, they behave better. i think in the case of facebook and even private groups there shouldwh be some bar which we s enough people have seen it's not private. if w we want to catch national security threats weio need to he not just the people

ways part of the story i was trying to tell was about a family and themi company that gt away with itt for a long time ad part of the reason they got away with it is they used these kinds of tactics so in the book i talk about when you have a purdue pharma sales representative suing the company because she wasn't pushing their opioid as aggressively as they wanted her to be and they fired her, they crush her. they lawyered up and went after her. when barry meyer was reporting for the new york times did unbelievable ground breaking reporting on the purdue pharma, they sent lawyers to new york times and said you have to take barry meyer off the story for complicated reasons, the history of the times at that particular moment, they did, they tookim hm off the story so. >> he was very unhappy about it. >> he was very unhappy about it. there's a big mistake but in a way what's interesting about that episode, is a story of two institutional cultures so what happened at the new york timeses just before purdue went to them and said take the guy off the story, they had written a book so the tim

and then to say it has affected me let's acknowledge that itt has. and then i'm not completely healed from 15 years of racialized experience but it is i'm committed to every day access of healing. >> and then to protect protecting her boundaries at. work for. >> thank you so much. but the author really got me thinking. that you say gender barriers evolved to create disadvantages for women for anyone who has ever had that. >> and then you shall was a narrative that when women have children have we done more harm than good by having endless conferences and panels about balancing work and life has that backfired? >> thank you for that wonderful question and i'md super honored to be here with this panel of authors. it's one of the things we want to tackle in the book. to disparage people who are well-intentioned but how do we help working parents are leaving working mothers. >> but it is all about the framing and a lot of those conferences and articles and things that we are referring to have happened inadvertently. that the that that's not what it is. a

they said if we could do itt really quick we need to take a look at these people and what do you think is important that people need to know at the time will look at the people filling the key positions of the policies are pursuing in the idea would be a warning. when you write a book you go to the environment that is going to take place with the publishers. god was like here you go here's a clear landing strip. so much what i write about is happening right now with its voting rights, the economy, foreign policy so many of the things that we are looking at in terms of the people that we will be managing this administration policy in those areas or the politicians themselves needed to get written about. frankly this is not an intel on the american people, there is a few chapters about the media if you wake up any morning and watching the today show they called afghanistan mp putin said the economy is a huge success. if you don't know any different if that's what you're getting your news from and you're waking up and dropping the kids off your living your life, okay and you don't realize

if itt is binary that is restrictive when there is no necessary connection other than mathematica. and objects such as objects of the world. in order to connect this they have a conscious humanat brain. >> it's sort of like two dimensions versus three dimensions. >> yes, that is right. >> exactly. and they have a bit of that prevailing as well. they imagine that they can play games a lot better than. and so on the board they have these in those stones are symbols and they don't point the on the board and that includes billions of times faster than they can play better than that as well. >> it looks like a man rushing would be superseded by a russian machine. >> that's right. >> okay, so you say early on in the book that you have two basic claims, this notion of sort of a supremacy of artificialci intelligence and so dealing with this part and i find it reassuring to learn more about this that the human mind actually is more complex than maybe the entire world. that is reassuring. i'm glad that there is some evidence that my mind is more than just something with electrons pulsing th

most of itt in the united states is about the war in europe and some is about pearl harbor and in theth pacific. we in the united states are not as familiar with and that story to me is the part of world war ii that is between the japanese and the british empire. then they tried to invade india and it is this moment in which as a result both of the great empires collapsed. they ended up on the battlefield in burma so thinking about a korean woman who was a converted woman who had been to service japanese soldiers into burma abt a british woman named ursula who had gone to burma or india as an anthropologist and caught up in the fighting and then they'd been turned against the japanese and also in indian who went to fight in the women's division of the indian national army on the japanese side of the conflict, and i am hoping in the same way i can think about these women's lives on all different sides of the complicated war and think a little bit harder about how the two empires came into conflict and what the war did to them and the experience of being on a battlefield did for the kin

we know they're going to be open and just kind of kick starts the season for us and just makes itt openedaturday earlier than ever before, due to demand will usually wait until the weekend. yeah but for this year we're like we have time. let's just go get tonight. tyrone, i gotta thank you. owner stephen clancy tells me an extreme heatwave this past summer in oregon, where his family has a tree farm created a shortage sunburnt a lot of trees where a little bit higher elevation than a normal tree farm. so we're super lucky that we had very little burn compared to other farms. clancy family tells me they have much to be thankful for. they gathered with friends and employees for thanksgiving dinner under a tent on the lot celebrating while working visits tradition we've had. ever since i can remember. we're to. you know, we have a good time and customers say it's a treat to come here on thanksgiving. it's a change. everybody doesn't lock down for two years, so it's festive mood. it's exciting. clancy tells me customers should expect to pay a few more dollars per tree and for those looking fo

the bigger countries, i would question the near term mark zuckerberg said itt(■willf■ take a year orave straightened out the audiof■w■ no, wef■ didn't. our bad. danr where doe >> i think near term it is in spend $10 billion to create some sort of universe thst■o■ at lea hise1 existing 2.5 billion users can use it and to use their cur%■r5áÑ if they are getv i think that's how it starts finishes i think there is a visione1 tha■ the walledÑ■ garden version will be a0■■■dystopian sort of versi. >> b.k., where do you stand+ on the metaverse? >> i think thea■■■ metaverse is going to be huge i 1 nci trading block as anyw■ of the countries we are talking about now,Ñ■ñ■ euko■ or u.s. because ■ encompasses the whole globe. but that's 20 years down the line in th/■ç■i■ meantime■1+ you can■ stuff likex■i■c■w■ invidia butxd■ó■justx■ buying the theor■ get you some exposurexd■to the growth of the metaverse. >>> coming up, one of our traders says this chip stocke■ >Ñady to breakout. >>i■plus, rivian charging higher in its first two days of trade buckle up. >>> welcome back to "fast money."fáx gameq■

china situation but how itt looks tody from the biden administration's view, biden has stressed as youed were going to compete and cooperate, there is a rivalry but they are working together and that is a complex nuanced approach that biden wants to take to china. in the meantime, we have a world where in wealthy countries, for the most part the united states are getting vaccinated but the developing world is woefully behind. you got 90% of shots people's arms taking place in wealthy countries. is this an area where there is competition between china and the u.s.? china reading about competition and maybe the russians, too? vaccines are nearly as good as the ones in the west but they are spending a lot more from abroad, is this a problem for isthe west? >> it is a huge problem. not just geopolitically but we both agree on that, it is a huge problem and also a geopolitical problem but first, it's a global public health problem. it boggles my mind really that it's estimated the cost of the pandemic would be around or just over i think 22 or $23 trillion between the start of the pandemic

4 conglomerate ideas started at itt in the late 60's. think that the market endorsement peaked in the late 90's under welsh. i think that ever since, they have been in the process of being unwound. clearly, i think that this will, you know, probably make everybody think harder about other large diversified companies and how they in turn will seek to maximize value not just through capital deployment but through actual corporate focus. matt: nick, always great to get some time with you, especially with your expertise in this area. couldn't think of a better person to talk to about this. ge really is the big story in corporate today, a historic move that we will continue to talk about throughout the program. coming up, jay powell delivers remarks at the fed conference on diversity and inclusion. we will discuss his comments and the role of the central bank in addressing economic inequality, next. this is bloomberg. ♪ matt: this is "bloomberg markets." the fed virtual conference on diversity and inclusion is underway. jay powell spoke earli

they set itt up with tremendous rooms. it had everything. it was ready. then we built 2,800 rooms at the javits center. i called every week: why aren't you using it? the army corps of engineers did a great job. everybody did. we had these big beautiful hospitals and built them all over the state and in illinois and louisiana.yb we built these magnificent places in a period of days. why aren't you using them? they could not give me an answer. they didn't know. if they would have used that you would not have had the problem and cuomo would have been better off than he is right now. >> sean: you left joe biden with three vaccines and monoclonal antibodies which he only mentioned for the first time a month and a half ago because they were being used in florida successfully. there are more people in this country that died from covid this year than last year. all during the 2020 election every cable channel had many people contracted covid and how many died. more people dead in 2021 with 3 vaccines and monoclonal antibodies. i don't see those side-bar count any

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gone through these conglomeration periods for quite a number of decades. '60s, gulf and western and ittnd then with a model given the changes in the environment, the company just broke and spun off again. so, a lot of times, one of the single spin-offs might be a big winner for shareholders when they do the tax distribution we saw that with at&t when it broke apart. and other instances. there are periods where everybody is hot for a deal. and then there are period where is people are hot to break it up a lot of it is three generation wall street. >> exactly we'll come back to that, herb, that's what fascinates me, the role of the investors putting it together and then breaking up. let's bottom line, for those older, for example, of general electric or johnson & johnson, do they do better post-breakup >> historically, i would say sort of yes, depends on the company. look at ge, what investors are telling you today, after the initial euphoria in the news, the stock over the past few days has been sliding down. i think it depends on a company, tyler. and i think there's no sure fire here w

will support and freedom of speech and encounter that speech in which i believe and wavered a bit when itt comes to these issues. >> section 230 is a provision that says that the facebook and these other social media platforms are not publishers they cannot be sued enable people to be out there but they are not liable and i think i am for that these are private corporations they are tremendously important for the public square nowadays they are also not forever. there's such a thing as monopoly fatalism and you can say that these are big therefore they are forever and they are unchallengeable. i can exhaust you in the hour here with all of the unchallengeable thanks. in 1935 that was like 15000 the stores in the country and 9000 americans when was lessening for the fun. in 2007, the cover of the magazine said can anyone challenge the cell phone giant. nokia, five months before the cover came out the iphone was another monopoly so, i think that we can rest assured that nothing is immortal and certainly these giants today bopredict. >> i would say twitter and facebook, they're getting challe

effect on all of us, so pretty much every country either did consistently badly or had moments that ittdd badly and moments it did better and that was sort ofth repeated you know the united states was doing quite well with the vaccine development, year of the summer of 2020, but then plenty of troughs after that. >> yeah, so it's a very very good point. boris johnson and donald trump are both populous, but it had a technocratic government, plenty of countries elsewhere in europe sweet-- sweden included had what was considered to be high quality government, but also performed badly, so is it fair to say populists have been more damaged than other forms of politics by this pandemic or is it more complicated than that and i appreciate you mentioned both scenario remains as popular in spite of everything. in brazil as he was before his own the nihilism, but can you draw at broader conclusion abot the effects on populism? >> yeah, just two points, number one i think the type of government matters, but it's interesting if you compare the eu to the us and basically near the end of theic pandem

creative she is this does not happen without hillary clinton not just providing the facts about what ittlike to fly around theha world. what you provided were deep insights into human nature and what it is like to be in a room with a whole bunch of very frightened people were trying to make a decision about how to move forward in a world under threat. a i learned a lot about you. >> you know stacey, i can say exactly the same thing and in addition to the grave friendship that we had a which really deepened during this process, just watching her work. i think part of that creation that she is capable of pulling out of herself, her heart and her head and giving it to the world, that was a totally extraordinary experience for me personally. i used to read how authors of fiction would be asked, did you know where the story would end in the couple would say oh yeah, i had plotted out but often people would say, but until i start writing and not until i meet the characters hundred think of myself as a reader, what you mean, you're creating the characters and then all of a sudden this process a

bit about how when one mindset needs to be adjusted and mobilization needs to happen differently when ittas some other. >> let me give you a story here because i think the story is important to illustrate. perhaps is the question has eluded to thisal idea of newl thoughts. in the fall of 2020, we worked very closely with the connecticut national guard working with u.s. cyber command and a capability of the cyber capability to provide information back and forth about activities or threats that you might be seeing debate identifying ran somewhere rapidly they were able to bring us to search and then working in partnership to the public school system and a significant portion of connecticut. the capability has been quickly identified working in partnership and then some capable people being able to address it. what efforts are being done are there things you think we could be doing better from a government perspective? let me start from the latter portion and then work backwards. we do a tremendous job of being able to recruit people. then we do an equally good job in being able to treat the

and itt says in article 88 the commander, commanders of one and two and three and four stars shall not disparage the commander in chief. and what have we heard? we've heard that donald trump, thetr commander in chief, was hitler, mussolini, that he should be gone sooner or later, and general milley called up a muck-raking journalist and tells him that he believes that the commander in chief is a "mein kampf," hitler january figure. that's a violation. and yet there's no consequence. and so he's almost an emblem, fauci, of all of these people when you combine the judicial, executive and legislative branches into one bureaucratic octopus, then the citizen has lost r control. we saw it with an absolute -- i don't know what the word would, but it was very chilling for me and i think all of us when james clapper said under oath we don't spy at the nsa on anybody, and then he was caught, and he said i gave the least untruthful answer. [laughter] none of us could do that with the irs. i had a call that said you i did, but i and should have said, well, i gave you the least untruthful answer. [

not just in terms of peace officers, many of our laws when it comes to sentencing in the sentencing itte powers. parts of the doj here in the administrative of justice but even so we work across our government to make sure that we have the highest sentences and so for example counterterrorism, we have changed our laws and we have increased sentences now to 14 years and there's a whole lot of work that we have taken place as we speak, the house of laws and our second chamber and a piece of legislation called the sentencing bill and effectively does what it says on the pandemic empowers the police to be tougher in their acts around the sentencing and actually does protect the policeo as well and some appalling the left take a aposition irresponsibly and attacking the police from what i can see we believe in protecting our police officers. so were putting a covenant and to protect our law enforcement in our emergency workers from the attacks and things of that nature. and alongside that i will also see new powers and laws and strengthening the laws are the protests and basically undermine o

by the time we had to shut down the country in the spring people there said we did not doing itt again. contemplated any skill they give clothing and drink closing schools is controversial at the time i tell the whole story of how it got in that plan. but nowhere in that plan did they ever consider a simultaneous national shutdown. his promise to have diagnostic testing of deployed mitigation when the virus got to those parts of the country. how did we get into them? because we did not have the test the target. >> i want to ask you about hydroxyquinoline. one more question for youor do tell the story of that. what was going on there? >> looked early on in the crisis, we were desperate. we did not have anything to treat this. and so doctors were trying things that showed activity in vitro. meeting they showed against the test tube and the virus because we did notbe have evidence of drugs and actual patients. showed that shows gets a lot of viruses it's one of those things that fooled us were using a pepcid early on we do not have therapeutics my view we did not firmly establish quickly

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it made itt hard to get rid of thehe electoral college. you talk about the influence of race can't be underestimated. the question of rights in this country begins with the bill of rights. almost immediatelyhi after the constitution, four years after it's adopted, we get the first ten amendments to the constitution in a bunch in the bill of rights.pt you tell the story of how and whyht that happened. that's very much part of the story you want to tell. what lessons should we take from the billl of rights about right? >> it's just such a great question coming from you who spend yourbo career defending o rights that are listed in the bill of rights, the aclu. the bill of rights are exactly, as susan said, the first ten o amendments to the constitution. they were not a m part of the originaler document. this highlights the fact that amendments are core to what has made ourig constitution and mov up towards a more perfect union. the bill of rights, the first ten m amendments, are this bund ofme rights. the most notable, we think abous speech.

i came back in my office from the senate chamber and started watching itt on tv, and you gota glimpse of it. that, but the ones that enter the capital, we were seeing on cnn, people staying within the rope lines. so when i kept hearing this term in armed insurrection, thousands of armed insurrectionists, where did they get that from? that is not what an armed insurrection and undertaking by thousands of armed insurrectionists will look like. when i hear a false narrative i push back on it. i had also made news that i tend to make, what i thought was obvious, that storefronts and major metropolitan areas did not board up prior to the 2020 election in case joe biden won. they boarded up in case there was a trump victory. there was a similar, but made news. january 6, i never felt threatened. it was the truth. i never felt threatened going into january 6 even though i knew there were tens of thousands of protesters. exercising their first amended right to petition the government , their freedom of speech, and trying to convince people like me to vote the way they wanted us to vote. that

you see itt in the attacks on so-called critical race theory, the attacks on honest education. it's throwing local school boards into chaos. it's having financial penalties. tennessee, 10% of a school district's state funding can be cut and a teacher teachers the our history.bout it's really trying to, as drain pool politics always does, move like just enough of white public opinion away f from a public go, make them fear it and distrust it so that then only the private wins, and of course we all lose out. >> i think, chris, when you emphasize institutions, you'ree right, you're absolutely right. when i was reporting "the unwinding," it was a decade ago, it was during the recession. i was in white rural tobacco country. i was in youngstown following a black assembly line worker who then became an community organizer. i was in the exurbs of tampa bay, alled these subdivisions h turned into ghost towns in the middle of the financial crisis. and the thing that struck me over and over m was the loneliness, the sense that there wass no -- no institutional support for people's lives.

so itt is an important book. host: also some other books professor is reading.ch florida thank you for holding, william. >>caller:in thank you. could you recommend a book that describes northern the louisiana? and if you have time to comment is that a factor for the independence? >> repeat the last part. >>caller: britain freed the slaves before the states did we see the writing on the wall and to influence our succession from britain? >> thank you for that question. i'm sorry i don't know any sources for northern louisiana but i will look them up. host: in a general sense where would you recommend people go if they want to learn about the w specific areas? is there a library or a site that is one of your go to sites? >> i think the history of northern louisiana but i did want to respond with the possibility not just and in the trans-atlantic slave trade but to have a huge anti- slavery movement. and it definitely made the slavers in the colonies very nervous. and i do believe that i gave what i thought was the main reason was the proclamation that limited expan

we talk about and we're still dealing with itt 100 years late becausese nothing has been ableo pass, to change that legislation. >>le and i will say in some way ties back into the discussion on race. we had some, our speaker series we had people who were part of the diplomatic community or from the state department and one of those african-americans. one of theaf things they pointe out is that we can talk about woodrow wilson and that he was a racist, but we had an opportunity to change that over the last 100 years and there hasn't really been that much change. so,n to just identify wilson as the i turning point, we can do that, but we should also then bd pointing our finger all along the line of saying why didn't change, we had an opportunity here to change it. it'sy really in many ways until 1965 that they're saying there's a change. but even todayay if you were to ask people who were part of the state department and they're african-american, you can see just on theefr color of the department, there is still somewhat institutional racism in some communities within the united states

i think itt was multiculturalism when the 1970s, 80s and 1990s in all of the textbooks and public schools and simply accept the term so i see it as a post-world war ii cold war competition with the soviet union to create a positive positive image, what people around the world were seen on television or black people being bloodied and beaten in this house, desegregation movement so the competition was not only weapons economics but also cultural in the soviet union and cuba were publicizing these negative qualities so i think the nation of immigrants and immigration laws john f. kennedy initiated, he wasn't alive when it was finallyal passed, 1965 bt it did open up immigration for the first time to non- europeans immigration. there was this liberal pinch, it's the new nationalism but we also have fast developing nationalism that opposes that and does not want immigrants, people of color, a white republic so it's not uncontested. >> when we go back in history, going back to the 1700s or so, were there open borders at that time into the united states? >> there were no immigration laws but th

is itt our assessment that the taliban has the capacity to defeat isis k in the country? >> it is our assessment that they are mortal enemies, so the taliban and is highly motivated to go after and their ability to do so is to be determined. >> do you share that? >> i do. >> thank you mr. chairman. thank you mr. chairman. first of all, i have a statement. preparing remarks on page three talks about the work of the department is far from over and learning from the past reckoning with the uncomfortable truth that despite decades and billions of dollars of u.s. investment, the afghan military evaporated in the face of the r assault. let me just remind everyone that for the past six or seven years before the debacle in kabul, the afghan military took almost all of the casualties and fatalities and fought bravely on behalf of their country and a general, i appreciate the fact that you've been deployed a number of times and served in dangerous situations, but on the final page of your written statement, you talk about the afghan national defense security forces into say there w

that i'm talking about is that the deals that you thought about in the past, honeywell splitting up, p itt with ibm, j&j and dell and bm ware and then you had united technologies doing their thing. which worked extremely well. then have you the non-u.s., toshiba's three-way split. you had several others like volkswagon spinning off a trust. the point is when the board rooms of america look at this, when they look at what's going on, you have contagion they're starting to think if we've got a business growing at 2%, one growing at 10. the market is paying only 4 or 5% of a growth rate, why not reexamine how we do it from a tax point of view and what's fair to the shareholders so that's what's going on. there is a whole bunch of companies i like i think the stock at universal music. that is interesting. group hotel interesting, holland, these are the companies going through this financial engineering. some like the ibm-kb splitoff. have you to be patient, joe. the mechanics of an etf owning ibm where they want it in a certain size portfolio, they're going to basically sell the stock and so y

the trouble with the highly diversified businesses itt and thinking of some others they were these crazye ups where they didn't understand the efficiency share holders can buy separately and diversify themselves as they see fit. what jack welsh was. there were areas that weren't the best managers. they took the tour and die maker off their board. that was followed by another ge insider when he fell they needed people with the management expertise and labor market for -- and they were getting into the same mistakes with the baby diaper business and adt alarm systems with extreme pileup within dooring what went wrong >> part of it is that you buy low and sell high. you can take good businesses but if you are getting an incorrect business when you thu p. >> bought sometimes at the wrochk times and sold sometimes at the wrong times getting into the cadcam business is a good example. they bought this company and sold it off three years late art. they they were spinning around in circles. now raytheon realize they've spun out otis elevator as a free and enormous company the hvac business all o

there were newspaper stories and itt won some contest for the bt performance of local short-term weatherforecasting. i was wondering if you're seeing the same trend in your supercomputer more toward wanting ai action than traditional vector pipeline machines. are you seeing a shift in what you're going to be asking for in the next generation because of ai? or do you end up pretty much just want more of the same? >> actually, we were one of the first operational units in the world to go from vector screens toe parallel processing. we've been in parallel processing since 2001 and led the way on that. the artificial intelligence machine learning isg certainly somethingnl that we are paying attention i to, we are involved with, and it will influence how we operate, i think -- especially over the latter part of o this decade in a sense we' be growing it, we'll be using it. it will influence our next generation computing. so you've got that technology. you also have the cloud technology. we use the system so much that we'll probably stick with an internal cloud-based system likw we have now, b