what do you look for that are not in silicon -- i mean, i know some in silicon valley, lot nown valleyat do you lo? steve: there is a big theme emerging, it is called the t wave, the third wave of the internet healthcare, and agriculture, and food and transportation. a lot of important aspects of our lives so it is going to require a different mind set entrepreneurs, partnerships e going to be more important. public policy regulations are going to be more important. if you really want to revolutionize agriculture, you are probably going to do tha you understand how farmers in missouri or nebraska or kent think about those things. similarly, if you want to wvolutionize healthcare, with the cleveland clinic or johns hopkins are going to important. so i think tha of it is in the middle of the country which i think will hp fuel this rise of the rest. the expertise necessary for this third wave, the partnershipsthae this third wave, many of tho are in the middle of the country. so if we can und happening and get more ventu capitalists paying attentiono those startups there, i thin is a grea

so will silicon valley have a new rival, silicon 0asis?ting—edge technological marvels like the pilotless flying taxi and robotic policeman, to control its shopping malls. —— patrol. the latest addition are these robots in the neighbouring emirate of khaja, encouraging people to ta ke emirate of khaja, encouraging people to take part in censuses. children are the biggest fans so far. ai gadgets like these robots are supposed to improve government services, but they also have another purpose in mind, which is to show that the emirates is a ready market for all types of high technology. tech firms from around the world are being encouraged to get involved by basing themselves here, divide's cilic on 0asis, to work on projects ordained by the government. —— dubai's silicon 0asis. ordained by the government. —— dubai's silicon oasis. there is a lot of opportunities here for people to start their businesses and grow. technology will be at the forefront because of the drive of the government to be ten times faster than what is happening now. you

silicon valley does a lot ofawe.e country behind in terms of opportunity to create the jo that are possible there. ou more of these communities in middle of the country to suppo more vibrant start up communit that will result in more of those companies growing and the process creating jobs the and driving economic growth there. i think it is very importante level the playing field so tt everybody, everywhere can be optimisticd feel like they have a shot at the american dream. soledad: not to mention, silicon valley is running out of plas to live and all those other probsteve: there are some challs therthe data is sobering really. last year, 75% of venture states. soledad: boston new york and -- steve: california. it's really just the three cities, san francisco, new york city, bosthow do we spread that? we also statistics where over 90% oe venture capital went to men. less than 10% to women. n americans. so right now, it does mattersold entrepreneurship generally generally show that people of color are very. black wo

i love silicon valley. i love the big companies.iends and i sold a company to google, i'm currently working with microsoft, total disclosure. it's my world, it's my world. but the thing is, as much as i love my world, i think it's not only our duty but just our truth, our joy, our center, to be honest with ourselves. if you're going to engineer something, you have to see how it functions. you have to be honest and look at the results. otherwise you're just a superstitious con man. it's the results that make engineering engineering. to me, i love what we do. you just feel we have to be self critical. we have to look at what we do critically. and, you know, it used to be kind of lonely. there weren't too many people saying that. but it isn't anymore. more and more, a lot of folks in silicon valley are recognizing that it's really time to change our orientation a little bit and think of it more self-critically. and it only makes us better engineers. >> to the extent that you can, can you give me some evidence of that? give me more spec

here in silicon valley, we are very proud of our record on immigration. here, your ideas, not where you're from, matters. jared created uber. john, from stripe, is from ireland. peter thiel was born in germany. tesla and spacex are run by a south african. apple by the son of the syrian. you get the idea. one country has suddenly been looked upon with suspicion. russia has been meddling in our election. executives from facebook and twitter will soon have to explain to the u.s. senate how their companies were taken advantage of by russians. the u.s. government advises you not use the russian security software. you know, it is a tough time to be a russian. nick is the founder of the san francisco based capital, says he hears our suspicions couched asna as nervous jokes. let me guess, the joke is something like, hey, we should have some collusion as to what we're going to have for lunch. is that pretty much the joke we're getting? >> yeah, i hope you didn't invite me to collude with the russians because i have nothing to do with the government. >> yeah. you h

>> yeah. >> the reality for some women in silicon valley. after the break.times more ethnic regions... ancestrydna can pinpoint where your ancestors are from... and the paths they took to a new home. could their journey inspire yours? order your kit at ancestrydna.com >>> everything talks about how it progresses and so forward thinking. >> silicon valley promised to code solutions to the world's problems but can't seem to fix one of its own. >> gender discrimination, harassment. >> in may, elizabeth scott filed a lawsuit against her former employer. it also had a reputation for its parties. >> i thought these are young, like me and we're go getters. >> daisy burns is another former employee. >> i was blown away. >> young founders, millions in funding, a party culture. it created a perfect storm, according to elizabeth's lawsuit. >> one male employee talked about how he refuses to wear a condom and has sex with over 1,000 people. male employees engaininging if sexual conduct in the office. >> there was a space called the kink room. >> a kink demo in there. th

has a higher per capita income than silicon valley? and silicon valley is the greatest create or of wealth in mankind's history. it's because it's not the $4 trillion that you've got. it's all the off balance sheet. cash that got to play with too. remember, we have $20 trillion. that's just tiny. the contingent liabilities depending on what your assumptions are anywhere from $60 trillion to $200 trillion. the global stock markets the other day, i think it was on friday, they reached the total aggregate amount reached i think it was $100 trillion. am i correct i saw that number? how much has gone to the middle class in this country? how much has gone to the working class in this country? here's the scam and here's what -- remember, economic nationalism does not care about your color, your race, your ethnici ethnicity. it doesn't care about your religion. it doesn't care about your sexual preference. that's all irrelevant. you know what it cares about? only one thing. you're a citizen of the united states of america. [ applause ] >> ille

what does this have to do with silicon?ntly stands, could eliminate the tax credit that is probably the favorite corporate provision of all tax code. code andid of that credit could mean less spending in technology and on semiconductors. it would hit semiconductors first. this is after a fantastic run in the last two years. is trying toom make the biggest tech deal in history happen by buying qualcomm. would this impact that? cory: we will see. the facts that broadcom was willing to go after this deal, whether the semiconductor acquisition takes place, it shows they have a lot of elasticity in terms of what they're willing to bid to get qualcomm. it seems broadcom once to get big at any price. i did some crunching of numbers before i came on here. if you look at the philadelphia semiconductor index, it has been traded for 24 years. better thangained 30% two years in a row. year.r the if you want to guess which two years the philadelphia semiconductor index had double-digit or better gains in consecutive years? emily: i have

has a higher per capita income than silicon valley? it is the greatest creator of wealth in mankind's history. it is because if that's not the $4 trillion, cash they got to play with too. we got $20 trillion. that's tiny. the liabilities, any where from 60 trillion to $200 trillion. the global stock market, i think it was on friday, they reached the total ago ri gat was 100 trillion. how much of that has gone to the middle class of that country? you know, j.d. advance wrote this book about the white working class in the upper midwest states around his family. you folks know that. we are losing a civilization. we are losing a civic society that has been built over many generations. that's why trump won. when i came to the campaign 16 points down double digits. all of these numbers were horrific. it didn't matter. two-thirds one-third. here is the fundamental difference. they are comfortable by managing our decline because they are going to make just as much money on the way down as they made on the way up and they have control. and here

[laughter] silicon valley designers tend to never see the possibility of bad actors and are surprisedr and over and over again. >> another delight of the book is the footnote which can be really hilarious. in the one you said you had a friend who dated donald trump. >> is that in their? i'm really indiscreet. where is my editor. [laughter] i did know somebody dating him for a while, yes. >> and was about experience? >> i don't think that was a dignity enhancing experience. [laughter]a >> because we are inundated with this in my world, i want to just ask you about gender inequity and sexual harassment and in silicon valley i did the first interview with susan fowler who is number two on the re- code list today in terms of power because she kind of got guber to its knees on this stuff. you said something really graves where you said there is a kind of new emerging male jerk persona of the digital age which was the a cross between the driver and maybe milo and palmer lucky and maybe steve, smug, superior, i have the leverage of power, i know better than you like and insecurity and a lot

in technology, involved in science. >> silicon valley was hp, sri, xerox park and stanford that wasombination. >> there were these two cultures engineered with ph.d.s and hobbyists. >> there was a lot of counter culture people. so you had cheap semi-conductors. you had people that would look at things differently than what the conventional person was, and that's what the technology needed then. >> one of the things that was really hard about making a computer was now on a chip. so all of a sudden, people who had a thirst for this stuff could go out and buy a home brew computer. you could make them yourself. >> there were a lot of people into the changes in technology and how we a part of it, even at our companies we were the fringe element. we had the jeans. we're not the managers and leaders. but a clever design on its own had value. >> you had these guys like steve jobs, bill gates and steve wozniak. and bill gates appall allen messing around on the edge of the personal computer industry. but no one in corporate america and no one in most of the homes of america thought that the p

it is so bad in silicon valley, people are living in rv's on major streets.e how the high cost of housing is fueling the crisis. >> reporter: english professor penny is the kind of teachers whose job goes far beyond simple classroom instructions. >> i love it. i love my students. they drive me nuts. i love them. this is essay one. >> reporter: her campus at san jose state university is located in the middle of silicon valley. tech giants like google, facebook and apple have helped drive housing prices sky high. >> the housing takes up three quarters of my monthly income. i have to live in a car to teach here. >> reporter: three nights a week this is her routine. after her classes end she sets up camp in a church parking lot near campus. her 65-year-old husband, jim, can't work because of a back injury. when it comes time to grade papers her office is a 2004 volvo. >> being homeless and trying to teach here is almost impossible. >> we are seeing people forced eater to move out of the area completely, fall into homelessness or find some way to make life work fo

what is the feeling like in silicon valley?getting on with the next new crazy service? worried or are they getting on with the next new crazy service ?|j worried or are they getting on with the next new crazy service? i think they are more grumpy about this than worried comey i think silicon valley field but when washington has a go at them about fake news or when the rest of the world thinks they are not doing a good enoughjob rest of the world thinks they are not doing a good enough job they think they are being picked on, is the sense i get from many companies, they feel like it is the thing that isn't theirfault they feel like it is the thing that isn't their fault they will be able to fix it but it may take some time or indeed we mayjust have to learn that these networks are going to be perfect all the time. that is the sense i get. i think they hope that as we going to christmas and the new year we as we going to christmas and the new yearwe might as we going to christmas and the new year we might move on from this issue

conservatives in silicon valley, poppy, say the stakes are too high to reveal themselves.eal fear. >> not hiding his identity because he's committed a crime or because he's worried about hissi hissist. >> i consider myself a blend of conservative and libertarian. >> conservative in silicon valley, enough to make him want to go incognito. >> saying i want more border security, are people going to complain to hr? will i get fired for saying that? >> several others who said the stakes were simply too high to share their identity. here is another conservative from silicon valley. >> i walked into work with a make america great again, people would take it as a personal front and i would expect to be out of the company within weeks if not a month. >> undercover conservatives of silicon valley. perfect equation for a culture war playing out in what happens long beeny a mecca. >> it's a big deal as these tech company companies more and more control over things we easy content distribution coupled with fewer gatekeepers means people in these companies are going to have more power.

>> is there some silicon valley guy doing, looking for the ai god head now?oh, yeah, god, there is always stuff like that. [laughter] >> jaron, is love your mind, "a beautiful mind." is there at least four big elephants in the room, in the read the article in harper's, fire next time, we're any week on virtue of losing democracy all together. we know unless we keep fossil fuels in the ground, next two or three years the planet, we'll go over the cliff. wealth inhe quality, grotesque wealth inequality, all hastening us toward oblivion. >> you're a bundle of cheer. >>en here is the good news. i'm a tech activist. i'm developing an app. it is really, it is really what curt von that gut once said, the battle between forces of good and evil, greed and compassion, one thing made the difference is organizing. we're trying to play with a new concept, talk about crowd acting as opposed to crowd funding. if you're familiar with the concept. if you're not i can explain one or two sentence. >> i have to ask you not to make a pitch question time. >> not a pitch, what you

emily: the gap between silicon valley and president trump still seems quite large.panies play and leaders like you in closing that gap? guest: i don't think there is i don't think there is any difference in the role tech companies play or individuals like me play. i think the most important thing is to have an open conversation and really speak up. if we can't speak up and can't be open and transparent about how we feel about policy shifts, we are going to move backwards as a country and as a world. that is my role. that is our company's role. that is our industry's role. but it is every citizen in this country's role as well. i will certainly use my role in my experience to inform what i believe is right, and what i believe is necessary. emily: as somebody who runs a company that moves a lot of money around, how concerned are you about not just economics, political uncertainty right now? guest: every entrepreneur and leader has to deal with uncertainty. we just have to become verbal with that. debt be comfortable -- be comfortable with that. it is not something i n

with those intricacies of silicon valley how does that play out?>> to make it seem more mainstream but whitaker's existing regulation with the idea and you can think of all the different companies to regulate what children see on video should they declare what they are doing? that is one part of the ideology this taste for regulation and distrust of government that is poisonous to society. but the idea of extreme free speech is another and i wrote a piece in the new yorker on the bulletin board if there is any limits on free speech that was racist or sexist and then try to limit that there was such severe pushback that it was reversed to have limits on free speech is cohesive. so there is that other dangerous aspect but we are doing this so i wrote this book before the 2016 election but what happened from that fruition is the fact that these big companies like google or facebook or twitter that if our country could try to influence our election or disclosure or if these could be used by anybody to stir up anger and resentment. they don't see themse

tech start—ups in silicon valley, are working on.real fish a small sample of cells from the realfish and a small sample of cells from the real fish and culture a small sample of cells from the realfish and culture it a small sample of cells from the real fish and culture it up. a small sample of cells from the realfish and culture it up. one cell could become one tonne of fish meat but they are not there yet. we will be on the market in three years with products that are a new version of fish. in five to six years we will have steaks and phillips, like you eat at the supermarket, like a fish you see in the ocean. —— fill its. kat hawkins reporting in the summer. from california to the netherlands, when dick witnessed a dance with a hologram effect. —— nick. today's dancers are working with a new medium for artistic expression, taking two excerpts from their show and adapting it to include holographic projections. their show and adapting it to include holographic projectionsm is almost an imax experience. every detail is carefully cra

but what is the feeling like in silicon valley?re they just getting on with the next new crazy service? i think they are more grumpy about this than worried. i think silicon valley feels that when washington has a go at them about fake news, or when the rest of the world thinks they are not doing a good enough job, they think they are being picked on, is the sense i get from many companies. they feel like it's something that isn't their fault and that they will be able to fix it, but it may take some time or indeed we mayjust have to learn that these networks aren't going to be perfect all the time. so that's the sense i get. i think they hope that as we go into christmas and the new year, we might move on from this issue and stop talking about it quite so much. but i don't think people will forget, i think people are going to be talking about this well into 2018. ho, ho, ho! merry clickmas! what have you got there? this is my friend, anki. i thought it would bring some fun to the clickmas table. look, it even recognises me. hello,

silicon valley designers never foresee the possibility of bad actors and are surprised over and over another delight of your book is the footnotes one year you said you had a friend who dated donald trump. >> is that in there? [laughter] where is my editor? [laughter] yes. i did know that for a while. i don't think she came out of it i don't think it was a dignity enhancing experience. [laughter] >> because we are inundated in my world i just want to ask about gender and equity and sexual harassment and to be above the read code list she brought uber to its knees. you said something great where there is the emerging persona of the digital age with this smug and superior i have the leverage and of power with that insecurity and power at the same time. >> yes. it is a recognizable type. if that snowflake persona comes from being manipulated by the behavior modification empires then can i come up with a name? we cannot use curse words on c-span so ask god or something like that left laugh i said christmas for asses but it is this other persona from the people who run these schemes. that

what is the silicon valley perspective on all of this?hings you see happening in the media industry and politics, those things are happening here as well. you have reporters working on these stories from all angles, asking for names, asking women to come forward. we are having many conversations behind the scenes about particular investors whom we have been told have been behaving that way. it is a difficult story to report, difficult to even ask around without spreading rumors, so we have all had to be very careful in how we report this story and how we ask our sources about these stories, but the floodgates opened here. you will remember back in june when an investor of binary capital, the information came out with a story about him in which six women said that they were sexually harassed or assaulted by him, and three of those women went on the record. that story, we're told, would never have been told or publicized, the information, if those three women had not come forward. that was a very critical moment. the women who did come forw

its silicon valley is an extraordinary place.to invent and create items that we don't even know that we need yet but that will become essential to our lives. but we do know there isa to our lives. but we do know there is a gender equality issue in the tech industry and we hope with the bbc‘s 100 women season, we will at least have made a dent in the so—called glass ceiling, and perhaps to help the next generation of women find a seat at the boardroom table. we had some nice weather today, not everywhere because it's turning across southern areas of the uk, wind and rain on the way but also a bit of snow. i don't think we will be seeing scenes like this everywhere but maybe across the hills of wales, the cotswolds, chilterns and south downs could get snow. the peak district too. rain sweeping many southern parts of the uk and into the midlands, notice an area of snow falling here and this is mostly across the hills. i think any snow that does fall will be wet, heavy snow across the peak district. then early hours of wednesday morn

valley if you even dare so mention movying to silicon valley they completely freak leave the conference rooming lock door call the cops and you know check to see if you're gone yet. it's not a popular project to dive into. even though you think it might be fun. in the toe plato world it was e word for education so safe to say that neglection the united states has never been like a first class -- buzz word. it's second or third class, and as the microcomputer revolution roared on in the 70s and 80s, and exploded and people started making money in wall street woke up to realized this was future gold rush and still beginning on now and money making became really the thing, and -- the technology pace of technology scraitd so fast it still dizzy the internet rose up web rose up and computer far more powerful capability than anything ever had rose up and plato was still mission oriented to education even though it'd all of the stuff that had all of the imreents to own the internght they could have owned personal computing even e talk about in in detail how controlled data the engineer built a

we will be asking if silicon valley is set to have a new rival, silicon oasis?d ceo of century tech, a uk—based education technology platform. drone taxis, this seems a bit far—fetched? drone taxis, this seems a bit far-fetched? it is so exciting! a german company has reduced this drone taxis. essentially you have your phone, you have your app, you will be able to go to the app can order a taxi and it will arrive, come and collect you, and take you up come and collect you, and take you up into the sky is —— the skies and it will fly you to where you need to go. they tested this on monday. it is all about you by trying to be futuristic, looking at where tech can take us. it is a vca sexy area to go into, it is drones, it is the skies, they are very ambitious. it is not that far—fetched. they have done a test flight. noel sharkie, and robotics expert at sheffield university, says the challenge will be about obstacles and whether you cannot crash into birds and buildings. exactly, and trying to police the skies. we expect lots of arms on drones and those guys as we

the second wave, silicon valley played the most important role. the center of gravity shifted from networks and on ramps to software. the third wave i'm expecting it , will have more regional entrepreneurship. bele they were continue to innovation and places like silicon valley, there will be innovation and the rest of than -- in the rest of the country. places like detroit, pittsburgh, atlanta, minneapolis, st. louis, albuquerque all kinds of cities , developing on the expertise they have, trying to attract the capital and talent, and in the process create the jobs that are so desperately needed. >> what are you finding out there beyond the coast? >> it is very encouraging. i wish more investors in new york city or san francisco would get on planes to visit. they would find there are great ideas and great companies. there are examples showing breakout potential. in baltimore with under armour, we started there. there's a company in indianapolis called exact target. it was acquired by salesforce for $3 billion, nearly 2000 employees in indianapoli

well now the focus turns to silicon valley and a lawsuit that is shedding light on what's happening inindustry. and cnn tech senior correspondent laurie siegel is here with more on a special that you have, laurie, it's called "divided we code." tell us what you found out. >> this has been happening as longer as i've been covering technology. we've heard about the sexual harassment issues. we've been looking at to closely. it is coming to the surface now like in all other industries. brianna, i spoke to multiple women who are telling me their treatment wasn't okay, they are fed up and they want to take a stand. take a listen. >> everybody talks about how to progresses and so forward-thinking. >> reporter: silicon volley promised to code solutions to the world's problems, but it can't seem to fix one of its own. >> gender discrimination, sexual discrimination, harassment. >> reporter: in may, elizabeth scott filed a lawsuit against her former employer, upload vr, it's a powerful start-up in silicon valley and also had a reputation for its parties. >> i thought these are young like me. >>

what are the things new yorkers look at silicon valley companies? the fooseball machine, the ping-pong tables, the time off? laura: yes. you hear a lot of the younger hedge fund analysts talking about the unlimited vacation. that is one thing that you see them really pick up if they offer that as a perk. taking a sabbatical, even though it is a shorter sabbatical, but 4 to 6 weeks to focus on something they have not had time for, which is to recharge their batteries after being worked to the bones like some of these investment bankers or traders are. that is something that people tend to salivate over. it raises eyebrows and the banking community saying here is a bank that will offer you this so the long time off is something people look forward to. i don't think that is the discount to any of the great perks like google has like doing your dry cleaning. the street from us here in san francisco, they offer the same kind of sabbatical thing, but they are competing with the banks for the same technological and programming talent. laura: exactly. the b

we attempted to close the gender gap in the boardrooms of silicon valley. attempted to close the genderdrooms of silicon valleyli didn't think we had anything left to get to this project and then ijust looked to my teammates and i realised, it's not whether i can do it it's if we can do it together. we try to find a way to end in literacy among women in delhi. the best solutions are the most simple. and if you can just bring those to life, it can change the world. and we made a brave effort to stop sexual harassment on public transport in london. what was most powerful was hearing the accounts of women and then ellie doing her dance performance upstairs on the bus and the two together were really profoundly moving. we finish here in rio, trying to level the sports field for females. there was never going to be a quick fix for any of these challenges but just maybe with some of our solutions and the raising awareness of the issues, we have proved that anything is possible forfuture generations. hello. sunday morning starts on a bitterly cold note. temperatures down at around —12 or perha

. >>> coming up, capitol hill versus silicon valley. the massive impact facebook, twitter and google had on 2017, and how they could shape the political landscape next year. >>> and how social media could change the way we look at politics in 2018 and looking back on the political icons lost over the past year. first, josh lipton with the cnbc market wrap. >> thanks, katy. all three indexes set for monthly gains. dow notched its 71st record close for the year. s&p gained five points, nasdaq closed 11 points higher. financial stocks gave wall street a boost. oil prices dipped, staying close to the psychologically key $60 level. a 2.5 high touched earlier in the week. that's it from cnbc, first in business news worldwide. when you combine ancestry's dna test with its historical records... ...you could learn you're from ireland... ...donegal, ireland... ...and your ancestor was a fisherman. with blue eyes. just like you. begin your journey at ancestry.com >>> welcome back. members of president trump's inner circle weren't the only ones fac

we have the best thinkers in silicon valley, the best tech people, the best military. young people all over the world are trying to get on the front lines of this, that we have a collective action issue. that is why i advocate for a new manhattan project. we have that type of urgency. host: pittsburgh, pennsylvania, james is waiting on the line for independents. caller: my name is james and i do not think there is a politician out there better than me. my thing is why? why are we still wanting to blow each other up? why are these young kids wanting to commit suicide, putting on vests and blowing up themselves? these are children. what is so wrong in the world now that people feel so depressed they want to kill themselves? what is wrong? president trump is out there golfing. we got your question, the why is what james wanted to know. guest: that is a key question and a subject of my research. the why part of it is identity grievances. these young people grow up and see a system that does not change around them, let's say in the middle east. they grow up with dictators a

sarah: companies in silicon valley tend to have a gender ratio problem.ore men than women and it can cause some issues with diversity, harassment. this has been a longtime thing that companies have been criticized for, but there is another more trivial problem, holiday parties tend to be boring. to solve that, they have been hiring models to mingle with employees, unbeknownst to the employees themselves. models who are known as atmosphere models or ambience models, and they come out to strike up a conversation, said they were invited by a friend and gives employees great memories from the holiday parties. julia: hang on a second. you have the launch party, you hire attractive people to make it look good. but everybody kind of knows these are models paid to turn up. but employees are in the dark about their fake friends? sara: you're absolutely right. the tech industry and modeling industry have a relationship that is part of the hype cycle. models are part of the trade , they come to product launches, they can hype up things when they need to be hyped up.

one of the top minds in robotics is melonee wise, who runs fetch robotics in silicon valley, creating robots for warehouse work. martin giles: i guess you're using robots in the workplace, i mean, are we going to see more jobs replaced by automation, and how far? rich jaroslovsky: that was exactly my question. i've seen totally dystopian projections about job loss, and i've seen totally utopian projections about how many jobs the robotics revolution will create. i have no way of knowing which is true. melonee wise: yeah, so i think that there's a lot of data on both sides, supporting both cases. it depends on how you read the data. i personally believe that there's so much we don't know about the creation of jobs. for example, in the 1970s and 80s, we created this thing called robotic tellers. now, they're known as atms. but at the time, everyone said, "we'll never have any more tellers." unfortunately, it created a huge creation of jobs in the teller market because the atm enabled us to have smaller regional bank branches throughout the united states. and so, because we could have sm

he was known for his mind in silicon valley.oogle became one of the great companies in the history of the world. as much as it was the founders, it was eric schmidt deeply involved. he stepped to this executive chairman role. he was very involved in running the company. nonexecutive chairman is a very different job. essentially it is a board level advisory role. his long-term history suggest he will still have an active role in the business. a nonexecutive chairman is very different from an executive chairman and the coo. it is remarkable, just simply remarkable what he has done in 17 years at google. emily: so this from larry page. continuing his 17 years of service to the company he will be helping us as a technical advisor on science and technology issues. i am incredibly excited about the progress our company is making and the strong leaders driving innovation. presumably that is a reference to other alphabet companies. these efforts to cure death and create smart contact lenses. ruth comes into google that she will pare dow

google agreed to create a chinese interface, but that was in the way of the silicon valley way of therld where one ,latform would serve the world and that egocentricity would have caused every american company to fail in china. the new companies that rose up in china in a very tough competitive environment, i think wechat is a better product than thebook messenger and chinese payment system fully connected, frictionless, micro-payment come up here too. is clearly better than paypal and credit cards. many people compare it with gladiators in the colosseum and i am afraid the silicon valley companies are not gladiators. they would get killed in china. emily: he left google in 2009, then google left china. what happened. ? .ai-fu: i was surprised new york times called me and asked me for a quote. they sit google just left china. i said i had no idea. i can't give you a quote. then i read about it in the news. didn't want to respond to the censorship demands of the chinese government. was that the right call? kai-fu: it is hard to say what is right or wrong. google is a value-centric comp

and what do you think, you're in silicon valley. >> i think you should assume you have no privacy in the social media world. david: it's over, we've lost that war. >> i think the millennials are a lot more comfortable sharing information about themselves than say people of our generation. david: yeah, i think you're right on that, bruce, what do you think? >> i wish twitter would get some facial recognition so i could see all of my fans on fox who hide behind the aliases, like deplorable mary and so forth, right. exactly. you know what? i think that some people don't even realize that they're exposing themselves to, you know, various vulnerabilities. if you look at the russian investigation, watch what they're putting out there. there's not much you can do about it. david: e-mack, you've got a face worth a million dollars. what do you think? >> belongs to radio-- and i think maybe too much on the internet and too much on the social media that we're too much on this feature? that's evidence of it. david: john, you're looking for ways to make money, is there a way to do that here? >> i

some estimate there are more than 1,000 all over silicon valley. . >> 10 years ago we were serving 4,000 people. today we are serving close to 10,000 people. >> reporter: she tried to get teaching jobs elsewhere in the country but even if she gets one, getting up and moving won't be easy. >> night. >> night. >>> time now for a check of our weather with neda. >> we are noticing a bit of a breeze out there today. especially along the coast and some of the hills. let's show you what's going on, your headlines for today. we are going to see continued wind at the coast and the hills and then inland temperatures this afternoon jumping to the 70s. get ready for more warm weather. we are staying dry for at least the next 10 days. our live view of ocean beach looking very nice. and sparkly out there. nice clear view of golden gate, as well. temperatures in the 60s already for concord, 62 livermore, 62 in san francisco, as well. and we are going to be well above average. here's our winds right now. an east wind coming in with the offshore flow we are going to continue to get more picking up in fai

it's an a capella competition in silicon valley, the fifth annual silicon valley a capella, they call it techapella takes place today. it started as a group of singing programest over at google but those employees moved over to facebook and then it was on, it was a battle for the best. teams today including the air b-n-beats, the twitter song birds and googapella, we will have more on the "today" show at 7:00. >>> the latest numbers on housing out of the south bay, they say in santa clara county there are half as many houses for sale compared to a year ago. with very little supply price has gone up. median price of a home in santa clara county is now $1,125,000. one expert told the mercury news home buyers are lining up like they are in front of an apple store. >>> the "wall street journal" says anheuser-busch will buy 40 tesla trucks, these trucks are electric power and can largely drive themselves. this is not the beer company's first try as automated trucks. you remember last fall anheuser-busch budweiser's parent company made a delivery using a truck trolled by otto a company owne

already silicon valley companies are predicting this will end up in court. it means all site and all content do not have to be treated equally. right before the vote, some drama, the meeting was abruptly halted and the room evacuated because of what the commission said was a security issue. the fcc hasn't released anymore many details about that. net neutrality rules were proposed in 2015, providing providers from slowing down, blocking or charges for more dlivery of particular internet content. all of that is now out the door. the fcc chair says broadband providers will have stronger incentives to build -- and ending the rules will lead to a free and more open internet. >> for those of you out there that are fear fful what tomorro night bring, take a deep breath. this decision will not break the internet. >> this decision puts the federal communications commission on the wrong side of history. the wrong side of the law. and the wrong side of the american public. >> today's decision clears the way for internet service companies to charge users more to see ce