they understand their competitors. get the wealth sxanging hands among relatively few people and take younger people into the next generation, 10, 20, 30 years down the road. we have very little idea what it s going to be there. but i do know that nnin this de and other deals, nobody is building a factory. nobody is building a phone. we are in the middle of this unbelievable shake-up of the way life is and factories it s not where it s at. 15 years from now it s going to be robot. the way we are ahead of the rest of the world with these information technologies is all fine and good for the companies but at the end of the dayq is no trickle down from it. chuck, the white house and its feeling on tech policy moving forward. as we see these major brands like a facebook now acquiring something as simple as whatsapp.
mike points out the huge sums of money changing hands that people don t feel is a tangible product. well, i mean, i get out the tech front. i think that whether they look at this and say, you know, i think that the white house, obviously, is very likes to celebrate this aspect of it silicon valleyx;a but i look a this and i don t have a lot to say because i don t think that they they are not going to get involved in this deal. i think they are most likely to goat involved in the deal that affects our parent company comcast and time warner. that is a competitive issue and that is something in the purview of the s.e.c. i think what has been interesting on tech policy is how behind government is. they don t know how to regulate deals like this. the wild, wild west. deals like this happen and they have no idea whether they should be getting involved and i think what is going to happen is after the fact they will look at some of these deals and say