elizabeth holmes returns to the stand in the silicon valley criminal fraud case against her former company, theranos. all that and more, on tonight's pbs newshour. >> major funding for the pbs newshour has been p

valley but here they are and they are businesses. to answer to shareholders, twitter stock is up 57%. facebook stock same time period is up 260%. how does the new ceo turn this around. he has to answer to shareholders who want better performance from twitter, he has to do that too. do the policies have to change? >> the question about twitter's profitability, and the way twitter is run on matters for censorship are two questions. twitter doing what is in its self-interest scathing off regulation and punitive government action by effectively bending need to the party in power. if you are criticizing twitter in fairness we have to apply argument evenhandedly. either we are talking about the company protecting itself and its profitability in which case doing exactly what they do in censoring political content because there's a new party in power that effectively demands they send content that the power it in party doesn't like him. these companies ought to live out american ideals of free-speech and open debate and original vision for t

>> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, #steppingdown. jack dorsey resigns as ceo of twitter. we will talk about what new leadership means for the future of the internet town square. plus, omicron. how worried should we be? the world health organization says despite milder symptoms, the new variant could fuel surges with severe consequences. moderna's co-founder joins us. and the return of black friday. visits to stores and shopping centers up 48% from a year ago, but still well below pre-pandemic levels. how is cyber monday stacking up? we will discuss. first, let's get a look at the market stocks climbing and bonds falling after a relative sense of calm returned to global markets. investors reassessing worst-case scenarios for the omicron virus strain. kriti gupta joins us. how are investors digesting this today? >> they're turning back some of the panic you saw on friday. especially with the oma c

. ♪ >> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, #steppingdown. jack dorsey resigns as ceo of twitter.

. ♪ >> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco and this is bloomberg technology. coming up, jack dorsey resigns as ceo of twitter. we will talk about what new leadership means for the future of the internet town square. plus, omic

we y hear from corporate leaders are investors in silicon valley that the antiregulation push to do that regulation will slow down innovation and get inw the way of the progress that we need. we want you to understand that anti-regulation pushed as a rejection of democracy. to rejection of the role of our political -- the technology that we selected as a society to help us referee the critical values that exist. you are right to say and our democracyha isn't up to the task not only because of of technical knowledge that you pointed to put because of theno institutiol huge -- features that have made our very difficult and so cheveryone's reasonable expectation about what's like you to come out is crowned -- of congress the best prediction you could make in this current system at the moment. questions about content moderation the communications act but one of the places that we start and this is excerpted in the piece in the atlantic which was published a couple of days ago is can we find a set of areas for legislative action were democracy can do what it's a best at which is achieve conse

i think silicon valley does a version where they effectively censor orhe moderate content the woke movement doesn't want to see online, but they don't do it for free because they are unspoken ask is that the new left look the other way when it comes to leading their monopoly power intact and again i think that trade is working. whatever you think of the merits of whether or not the monopoly power is good or bad, it's a trade that's working masterfully for both sides and one of the goals is the book is to shine some ligh on the reality so consumers and citizens can at least make their own judgment about whether it's a good or bad thing and people can come to their own conclusion but step one is to see the phenomenon itself with clear eyes and that's part of what i s try to o the book. >> example of state street and goldman that we've been talking about with a sense that companies are deeply cynical, using progressive agenda to further their own goals and perhaps to create more profit. what about stakeholder capitalism more generally? can someone, can a ceo or a board constantly embrace stake

better can't happen unless we have a massive increase in the supply of critical tech minerals like silicone, copper and lithium. but china controls most of them. does he agree with me that the success of our green industrial revolution hinges on -- [inaudible] silling con valley and free of the e.u. what fiscal incentives can he now provide to make -- [inaudible] >> prime minister. >> i thank my honorable friend for that. as you know, there are some very, very interesting and potentially very lucrative the sources of minerals such as lithium in the country whose exploration, discovery and reuse we are encouraging. secondly on the tax point, as he rightly raises, we're going to use three points to insure that we support them as hubs for the processing of those critical minerals here in the u.k. >> [inaudible] >> thank you, mr. speaker. in 2014 my constituent's 3-year-old son was killed by an unsafe trailer. every year -- [inaudible] and now government is abolishing that test. unleashing thousands of untrained, untested, unsafe drivers onto our roads. why is the government with breaking its p

this as prosecutors prepared to confront the now disgraced golden girl of silicon valley. >> for weeks we heard all of the allegations they have mounted against her. they'll get a chance to put those allegations to her and see how she responds. i expect it will be pretty fiery when that happens. >> cnn, san jose, california. >>> that's the news and i really nineteen this time. reporting from washington, i'm jim acosta. kaitlyn collins takes over the "cnn newsroom" live after a quick break. have a good night, everybody. veu the phone everybody wants on america's most reliable network. on any unlimited plan. better? better. and everyone gets up to $800 off when they switch. okay, everyone say betteeeer. (all) betteeeer! (kate) black friday better with verizon. because everyone, everyone, everyone deserves better. shop online, in store, or call today. wow... that's so nice! is that a photo of tepechitlan? yeah! the gift of ancestry®, is a walk through your history. do you remember who this is? it's a gift that surprises you, moves you, and bonds you. ...papa? i can see the nose and every

ition arrested in silicon valley up and down the peninsula so a lot of things are different. but you're arguing that there's something central to the relationship with china that is not that different from the relationship with the struggle the conflict with soviet union is that cent? >> absolutely. you can see this in jamie and wills superb essays this is a competition that also requires, you know, a high degree of clarity so, i mean, the phrase that comes to mind if i could paraphrase from reagan speech is chairman xi teared down that firewall. or we should do our best to get around it and this is what jamie does for us every day is it to reach a press people, peoples who are not permitted to access a wide range of sources of information. so that they have an opportunity to think differently to have and as will said or jamie said early that authoritarians are touchy they are sensitives, and you see this with -- you see this with the china communist party. i think there's a tremendous opportunity for us to use the kind of clarity of the berlin speech to compete much more eff

this as prosecutors prepare to confront the now-disgraced golden girl of silicon valley. >> for weeks we've heard all of the allegations that they have mounted against her, and they'll get a chance to put those allegations to her and kind of see how she responds. i expect it will be pretty fiery at some points when that happens. >> reporter: cnn, san jose, california. >>> and now for some much needed good news. a group of volunteer craftsmen at waukesha, wisconsin, are making sure survivors of that deadly parade attack have one less thing to worry about. they're going home to home building wheelchair ramps. >> we're very thankful for everyone that is part of this. waukesha's a very strong community. we're a small city, but when this happened, everyone just came together. >> home depot and several other local businesses donated all of the building project materials. >>> thanks for joining me today. i'm paula reid in washington. "cnn newsroom" continues with jim acosta. >>> you are live in the "cnn newsroom." i'm jim acosta in washington. we start with breaking news. dr. anthony fauci s

i think companies in silicon valley that revive their business plan is also leaving their customers and contributors are going to fail. >> yeah, if that's how they approach it, then they're going to make themselves superfluous. in fact, they seem to anticipate that. if you proceed in business on the assumption that your job is to make your own customers superfluous, , you're going to n out of things to do it that your business model, aren't you? >> i think it's quite absurd. i'm even contrary enough to not believe that -- i think technology is continuing to advance at a tremendous pace, but it don't think it's advancing any more rapidly than it did at the time of the industrial revolution. i think that nobel laureate economist william nor house -- nor house did a study of the advance of writing. this is the invention, creation of light, the amount of lumens you need to light a room at night. and he shows that the advance in lighting has been a hundred thousand times more rapid than is measured in the economic models. essentially, economists while they are writing about them satanic mill

. >> i thought he was just silicon valley? no, while he was a good technology chief i google undeveloped at that -- response to your emails, you know gmail, has responses that allow you to anticipate how you are going to respond to a particular issue. i notice those responses are more curious since was if. it cases it establishment? that's raises contribution. ray as a whole -- contributions to technology where the decades. but i think all these people have forgotten the fundamental principles of the computer science that they expound. that's what's striking about the book, because you don't seem to be of much of a dune say or something in, fact see five got this right to -- you seem to think the potential of a i maybe oversold, but that even in the overselling there could be some collateral damage and you're trying to avoid that. >> have i got that rain? >> that's right. the idea that somehow ai competes with human minds is a fundamental illusion. >> a lot of these technology creators, he came to their work having already abs

j silicon valley to take action on our behalf? ~ , silicon valley to take action on our behalf? ~' , ., silicon valley to take action on our behalf? ~' , . ., ~ silicon valley to take action on our behalf? ~ , . ., ,, , behalf? i think they are waking up to the fact that _ behalf? i think they are waking up to the fact that there _ behalf? i think they are waking up to the fact that there is _ behalf? i think they are waking up to the fact that there is a - behalf? i think they are waking up| to the fact that there is a problem, i have met with all the big social media plays and they talk about their educational platform and tools that they can use, and this is not one silver bullet. it comes from parental responsibility, making sure that we scale up people who are social media, but of course when people are under this platform can they do have a duty of care to the people that are using that platform, and if they are not following that, we need to have the rules and the team to be able to enforce them. the countries —— there are countries looking at this, israel and france

in the silicon valley, this was their customers, and contributors. saying they're going to fame. >> that's how they approach it. then they're going to make themselves superfluous, and if you anticipate that, if you precede in business on the assumption that your job is to make your own customers superfluous, you're going to run out of things to do if that's your business model, aren't you? >> i don't -- i mean, i'm even in control enough not to believe, that they continue to advance at a tremendous pace, but i don't think it's advancing any more rapidly than it did at the time of the industrial revolution. >> mm-hmm. >> and i think that the economist william moorhouse has looked at this, and looked at the invention creation of life, is amount of lumens you need to light a room at night, and it shows that the advance in lighting has been 100,000 times more rapid than it was measured in the economic model. essentially economists were writing about mills, and -- >> william blake. >> yeah. they were writing, and emmitt james, writing, and the incredible

companies in silicon valley that regard their business plan as obsolete and their customers and contributors are going to fail. >> if that's how they approach it, then they're going to make themselves superfluous. you will run out of things to do. >> i think it's absurd. i think that the nobel laureate economist william nordhouse did a study of the advance of -- the invention and creation of white, the amount of lumen to light a room at night. he shows that the advance in lighting has been 100,000 times more rapid than is measured in the economic model. the incredible expansion of light from the time that was -- it was fire in a cave to the millions of candles at versailles to whale oil to kerosene to finally electricity and then light emitting -- >> beyond electricity. >> measured by the amount of time a worker had to spend to buy the light to illuminate a room. economic progress was 100,000 times more rapid than is usually estimated in that field. during the industrial revolution, we missed light. this continues to be, a golden age of capitalism with the technological progress as fast as e

. >> a warning to silicon valley. the information commissioners that are working to rein in advertising techniques plus an old tracking practices. the executive director says many of the new proposals are positive but they don't fix some fundamental issues. singapore can stop a surge to help the minister give credit to one of the highest vaccination rates in the world and growing national immunity. china appears to have accepted an apology by jp morgan ceo jamie dimon a day after he jokes his bank without last china's communist party. he said he regretted making the remark and should not have made it. china's foreign ministry says it was the right attitude. jp morgan has a most $20 billion of exposure in china. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm laura wright, this is bloomberg. anna: a bit of breaking news from france, across the european union, the french health minister. the fifth covid way will be stronger.

she comes across as a chief executive, not a flashy silicon valley leader. in this case, almost more lawyerly. very calm. calmly answering questions, leading questions often by her lawyer, presenting herself to the jury and the world as somebody who was in charge, flying high, and not aware of all the details that might have led to the charges that she faces. just not aware of all the details that led to the criminal charges she is fighting now. caroline: ok. sort of claiming i have a deep -- claiming naivety. the devil will be in the detail, the detail that she perhaps didn't grasp. i will be exposed in the cross-examination, i imagine -- that will be exposed in the cross-examination, i imagine. >> she did at one admit to a -- at one point admit to her problem. she can just ignore the charges. she does have to address them. at one point, she did admit she did something wrong. she wishes she had done it differently. which is to lift the logos of pharmaceutical companies onto reports that she used, that she said were endorsements of her technology, in order t

. ♪ >> from the heart of where innovation, money, and our collide -- power collide, in silicon valley and beyond, this is "bloomberg technology," with emily chang. caroline: i'm caro

valley? what fiscal incentives can he now provide to make it happen at pace? >> here, here. >> i think my honorable friend for that. as he knows there are some very interesting and potentially lucrative sources of minerals like lithium in the country whose expiration and discovery and reuse we are encouraging. secondly on the tax point he rightly raises, we are going to use free ports to ensure we support them as hubs for the minerals here in the u.k. >> in 2014 my constituent's three-year-old son was killed by an unsafe trailer. every year 30% of people fail the test and that the government is abolishing that test, unleashing thousands of untrained, untested, unsafe drivers onto our roads. why is the government breaking his promise to grieving families to make towing on our roads safer? >> here, here. >> i thank you for raising this with me. i am sorry to hear about the tragic circumstances. what we wanted to do is to free up the licensing time so we get more qualified. but that cannot compr

silicon valley became a byword, the high technology so the u.s. what from the 1970s but looked like best days were behind us we couldn't compete again and we are going to fall behind and we had to keep temperatures down at 55 during winter to a nation or the world. after the tax cuts, 50 nations around the world imitated the cuts so you had a global boom and for larry said in the 1970s especially in the aftermath of the vietnam war in the late 60s and great society that chronicles that terrible time in the late 60s when we lost our way but in the 70s we face the aftermath of it and as larry pointed out in central america nicaragua fell and looked like other countries would grow the soviet way. mercenaries were falling and they fell. europe itself soviets put in missiles, short range missiles to destroy nato trust winning the cold war's battle of approaching missiles, nobody remembers a today, it was so important because soviets figured they had short-term missiles aimed at europe, europeans would no longer trust the u.s. to defend them if there wa

scott is also mike's podcast partner for the silicon valley insider weekly overview of silicon valley tech industry scott holds a degree in political science and ucla. welcome mike and scott but we're so looking forward to your conversation, take it away. >> thank you so much. welcome everyone, and michael welcome to you. it's great to be here. >> it's great to talk to you, this time i get to ask you the questions. >> and folks, please let us be a little informal. scott and i are not really capable of anything else. [laughter] this is an honor to be here for many reasons. mike, you know i'm a big fan of yours. as a tech reporter i've been standing on your shoulders for years. in some of the earliest stories i did as a silicon valley reporter were at sea hm and you have allowed me to do many there and geek out. individually to see the exhibits. always appreciate it it's an honor to be associated with that. >> if i can add, i am deeply honored. i've done many things at the museum over the years. i go back safari member would gordon glenn bell made the decision to move to silicon valley

valley up and down. >> a lot of things are different. that you are arguing there is something central to the relationship of china and is not that different from the relationship of the struggle of the soviet union. is that correct? >> absolutely you can see that. this is an ideological competition and also that requires a high degree of clarity. so the phrase that comes to mind if i can paraphrase president xi tear down the firewall or we should do our best to get around it and this is watching me does for us every day is to trade to reach the press people who are not permitted to access a wide range of source of information so they have an opportunity to think differently. and to say earlier the authoritarians are touchy and sensitive. [laughter] and you can see this with the chinese communist party. i think there is a tremendous opportunity for us to use the clarity from the berlin speech to communicate much more effectively with the chinese communist party. the best means to do so is to bypass the great firewall. >> everybody should

you really see the attitude representing a trent in silicon valley. living in a world where it is normal. new technology companies could create harmful effects. so, i want to ask may be a little bit more of a critical question. to what extent has safford university, you have a long history and a lot of experience in working with students, to what extent have they actively and successfully created the very culture where disruption is admired. giving access to the company but also inviting ceos and other tech executives and to teach. i would love to hear a bit of a reflection from each of you on how stanford plays a role in that typical disruptive ecosystem. starting with rob and shooting for this question with jeremy. >> absolutely. a significant responsibility for some of the problems we see a big tech and for that cultural orientation to aspire. looking for ways to code in your pajamas and roll your product out quickly and see what happens throw spaghetti on the wall and figure out any problems downstream. personally, i have seen in teaching generati

scott is mike's podcast partner for the silicon valley insider, a weekly overview of silicon valley in the tech industry. he holds a degree in political science from ucla. welcome mike and scott, we are looking forward to your conversation. take away. >> thank you so much. welcome to everyone. michael, welcome to you. it's great to talk to you and this time i get to ask you a question. please allow us to be informal, we are fully i capable of anythg else. [laughter] >> this is an honor to be here for many reasons. i am a big fan of yours and as a tech reporter, i've been standing on your shoulders for years but also computer history museum, some of the earliest stories i did as a silicon valley reporter were at hm and you have allowed me to host programming there to do many interviews and geek out both individually and children to be the exhibits and i always appreciated that. it's an honor to be associated with that. >> if i can add, i am deeply honored, i've done many things over the years, i go back so far, i remember when gordon and bell were making the decision to move to silicon

silicon valley became a by word for cutting edge technology. so, the u.s. went from them release of the 1970s, when it looked like our best days were behind us. that we couldn't compete again. that we're going to fall behind. we had to keep temperatures down 55 during winter time. to a nation that was really on -- was driving the world. the amazing thing is after those tax cuts 50 nations around the world imitated those cuts. so, you had a global boom. relating to what laurie said, in the 1970s, especially in the demoralize after nap mat of the vietnam war and the hubris the late 60s -- and by the way, the book on the great society chronicles that time in the late 60s when we lost our way -- but in the 70s, we faced the aftermath of it. as laurie pointed out. in central america, it looked like other countries were going to go the soviet way. in africa, angela and mozambique. human mercenaries. they or falling and fell. europe itself, the soviets put in missiles, short-range missiles, to really displace nato. which enabled us to win the cold war. but the who

the chinese, as you well know, my colleagues here -- are invested in silicon valley up and down the peninsula. so, a lot of things are different. let your arguing there something central to the relationship with china that's not that different with the relationship to the struggle with cool soviet union. is that correct? >> absolutely. and you can see this in's message. this is an ideological competition. it's also competition that requires a high degree of clarity. the freeze that comes to mind if i could paraphrase from rugged speech is, german she, tear down that far wall. we should do our best to get around it. and this is what jaime death threats every day is try to reach oppressed peoples. people who are not permitted to access a wide range of sources of information. so that they have an opportunity to think differently. authoritarian's are kind of touchy, they're kind of sensitive. and you see this with the chinese communist party. i think there's a tremendous opportunity tea for us to use the clarity to compete much more effectively with a chinese companies party. the mess means of do

it's played a critical role in bridging the ecosystem that is silicon valley and it wrote this period of tremendousf tech optimism and we saw that reflected in every aspect of the campus. about riding that wave of optimism and backlash, we now face exactly that dynamic playing out on campus. a lack of trust in the tech companies and the concern among the individuals and the majors about whether they want to be associated with these societal harms. so it puts us in the position of educators on campus where we have to think and dig deep with our students around the questions of how do we amplify the benefits of technology while also mitigating these evidence harms. so the book itself calls for this kind of nuanced adult pragmatic conversation that's not a tech optimism and that's not a tech to pessimism, but recognizes that technology itself isn't neutral and involves trade-offs. it generates benefit alongside of the challenge collectively to think about how to weigh those things. >> but often i would say on this point, while we can focus on stanford and think about its potential role a

. ♪ >> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." building cutting edge chip fabrication plant in the longhorn state. travel bookings at a record.

on my seven-day forecast, you will see on thanksgiving, if you are doing the silicon valley turkey trot, cold to start, 48 at 8:00 a.m. in san francisco we're going to stay dry over the next seven days. highs in the 60s. morning lows in the 40s. not too much of a difference in the temps. >> the bonus piece of pie at midnight. >> all you can eat if that's your house. >> you're getting wild. we're getting crazy. >>> it's not just an issue for teenagers. the effect of tiktok on middle-aged adults. i did some early shopping this year. one for you, one for me. awww. i love it. i got us a little something, too. yeah? yep. one for you and one for me. i love it! oh! actually, that was.. i love it! i like red. current eligible gmc owners get over 25 hundred purchase allowance on 2021 gmc sierra light duty crew cab models when you finance through gm financial. we are professional grade. gmc ♪ i see trees of green ♪ when you finance through gm financial. ♪ red roses too ♪ ♪ i see them bloom for me and you ♪ >> all you can eat if that's ♪ so i think to myself ♪ ♪ oh what a wonderf

or parts of california silicon valley where we are immune to that but you have to take it. rittenhouse working class kid grabs a beer with his mom big crime condemned on twitter for that believes in the idea of self-defense. and he i understand created the basic natural right of self-defense embedded deeply in the american idea by defending his communities against looters and arsonists. and so that's where i think all the hatred against him is coming from. >> sean: what frustrates me the very elites implementing these policies destroyed by the middle class and lower income class americans say that their policies are actually going to help them when they're actually hurting them. great analysis. we talked about this a little bit. but is the anger from the left really in regard to guns and are guns in america the great equalizer. >> i think that if you were a poor american last -- or less wealthy american last year during the summer of violence. what you learned is that the left wing could run rampage over your city and there was nothing the government would do to stop it. an

silicon valley became a bi-word for cutting edge technology. so the u.s. went from the malaise of the 1970s when it looked like our best days were behind us, that we couldn't compete again, that we're going to fall behind and we had to keep temperatures down at 55 during wintertime to a nation that was really and the amazing thing after those tax cuts 50 nations around the world imitated those cuts. and so you had a global boom. but related to what larry said in the 1970s especially in the demoralized aftermath of the vietnam war, after the hubris of the late '60s. and by the way the book on the great society chronicles that terrible time in the late '60s when we lost our way. but in the '70s we faced the aftermath of it. and as larry pointed out in central america nicaragua fell, and looked like other countries are going to go the soviet way in africa and angola and mozambique. and europe itself the soviets put in short range missiles to really destroy nato, which was an alliance that enabled us to win the cold war ulttimately. nobody remembers it today,

silicon batteries so no silicon is come back to silicon valley but is there v product going to work? i don't know but it's possible that batteries can now get on the freight train in not the semi conductors. i think batteries are going to be crucial and whoever has the great breakthrough, you know i had lunch a while back with frederico and i said what's the greatest invention in valley history? is it the tryout -- triode or the transistor? is it the integrated circuit? visit you and your team with the microprocessor and he said no, i think the one true moment of genius in that whole history to play in our process. he said everything else that wee all do you could see it coming. you are extrapolating from where we are now to what we could do in the future but he says the idea of taking the transistor and laying it flat and the printing process and being able to scale it down 10 nanometers with the planar process that was not an active engineering. he said that was an act of artistic creation and he said everything else pales next to that moment when they came up with that so i though

. >> from the heart of where innovation, money, and power collide, in silicon valley and be line -- and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." anna cutting edge chip fabrication plant in the longhorn state. troubled

valley up and down the peninsula. so a lot of things are different. but you're arguing that there is something central to the relationship with china that is not that different from the relationship with the struggle, the conflict with the soviet union. is that correct? >> absolutely. you can see this in jamie and will's superb essays. this is an ideological competition and also a competition that requires a high degree of clarity. the phrase that comes to mind if i could paraphrase from reagan's speeches, chairman xi, tear down that fire wall. or we should do our best to get around it. this is what jamie does for us every day is to try to reach oppressed peoples who are not permitted to access wide range of sources of information. so that they have an opportunity to think differently. they have -- and as will i think said or jamie early said, authoritarians are kind of touchy, kind of sensitive. and you see this with -- you see this with the chinese communist party. i think there is a tremendous opportunity for us to

it is embedded in the structure of the capitol industry driving the growth of silicon valley and face companies that prioritize the scale before we even understand anything about the impacts of technology in society. it reflects the path paved to market dominance by market in retreat from exercising oversight. so stanford has an important role to a play and there are individuals who may look inside it didn't pay attention to the consequences of the moment of tremendous optimism. the bottom line is there are systemic challenges that need addressed stanford needs to be at the center of addressing those challenges but stanford can't do alone. >> thanks, that makes a lot of sense and i recognize even if i've only been at stanford about two years, the change in the questions people are asking, the awareness after january 6 storming of the u.s.g capitol after disinformation around covid, people really thought problems are not just in other communities, they can truly hit home. the harms are real, not virtual so too say that we see how hard it is for students to find jobs outside of the big

a flat university society in silicon valley, binary symbols which can play games better than us. there are black and gray, white and gray stones and the stones are symbols and they don't show beyond the board. if you have a computer, they can move billions of times faster than a human can. obviously they can play better than a human. >> i think you're saying a man is going to be superseded by a threshing machine. a man with a single side of that doesn't mean the machine is more sophisticated than the man. >> that's right. >> you say early on in the book and you repeated in a few places that you have two basic claims notion of sort of supremacy of artificial intelligence and both don and self defeating. i find it reassuring to learn from you and your book and other sources that the human mind is more complex and maybe the entire world internet system,ur that is reassuring. i'm glad to know maybe there's evidence but my mind is more than just a meat machine with electronics pulsing threat. so maybe it is done but the trouble is, could this view of artificial intelligence rise to a

valley is at stake. the idea being if you think of an idea and fake it long enough, eventually some scientists will be able to make it. depending on how this case goes that phrase could die or be resurrected. >> the stakes are far higher than most companies. here were talking about healthcare products. a product that would diagnose you, if you misdiagnosed the results can be tragic. david: a great story. morgan stanley making a major push to get more of its employees back to their desk. morgan stanley managing director at a conference call. if you are 21 - 35 you are not not to be in the office all the time let's get reaction from research ceo ray wang. thank you for being here. i'm glad to see you in california i know you had to run to california, we were hoping to get you here but i'm glad you're in california sunshine. it's cold here. as morgan stanley right as are some things that the office has that you cannot afford to be without if you're young and ambitious? >> are definitely right you might have

silicon valley became a by-word for cutting edge high technology. so the u.s. went from the malaise of the 1970s which it looked like our best days were behind us, that we couldn't compete again, that we're going to fall behind and we had to keep temperatures down to 55 during wintertime to a nation that was really striding the world. the amazing thing is, after those tax cuts, 15 nations around the world imitated those cuts, so you had a global boom. related to what larry said, in the 1970s, especially in the aftermath of the vietnam war, in the hubris of the '60s -- by the way, there are great society chronicles in that terrible time in the late '60s when we lost our way. but in the '70s, we faced the aftermath of it, and as larry pointed out, in central america, nicaragua fell, and it looked like other countries were going to go the soviet way. africa, a and mozambique. the soviets put in short-range missiles to destroy nato, which was the alliance that helped us win the cold war, ultimately. no one remembers that today, larry, but that was so important beca

and, you know, the programming, the counter cultural attitude of the early age of silicon valley, well, those programming data have now become the goliath and the pandemic has actually reinforced this for me at least, which is we're already aware of the some of the problems of big tech 18 months ago, but now our lives have become even more enmeshed in the decisions made by a very small number of people inside a very small number of tech companies. we're dependent on ways that we first, even 18 months dependent upon a small number of platforms through our work lives. through our private lives, for our educational lives and the power that's vested in a tiny number of people in silicon valley amounts to private governance and that's not serving us as citizens very well at all. >> from a technologist point of view, how we actually think about the systems that get built. they get built with particular metrics that are jaunt quantifiable and part of that that they're easily quantifiable. that doesn't mean they match what we really want. they're proxies for what we really want. and when you g

also michael malone chronicles the beginnings of silicon valley with his book the big score. then "the memory thief" about the effects of opioid use on the memory. what can teach doctors about alzheimer's disease followed by biologists carole hooven explaining how testosterone dries behavior. >> some people say that artificial intelligence is going to make a the human race obsolete. people don't want to think that a artificial intelligence, and intimidating subject that the thing about ai is even if you don't want to think about it, it is thinkingut about you, or is ? that will be the question we will be discussing today on this episode of independent conversations. greetings everybody who has joined us. i'm graham walker coming from the independent institute in oakland, california. we try to bring notable experts on aic variety of topics to discuss topics of the day and we think giving your perspective that you're not likely to hear elsewhere, and today we'll be talking with george gilder. let me welcome george gilder to independent conversations. hi, george. [inaudible] >>