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June 26, 2024
You sure you got the right jimmy mosler . Im not gonna tell you the Computers Never been wrong. [ zeke ] when am i gonna get outta here . That guy committed a crime in there, huh . Yeah. We get those occasionally. Come on. Well talk about your possible mistakak identity in here. Sit down. Give us your whereabouts 2 30 this morning, mmy. Bed with my girlfriend. That terry, where we just picked you up . Thats gonna put her right in the middle of a capital offense. Who i i s with last night . [ sip...
June 23, 2024
Before slipping into the lower 70s by 6 and 50s and 60s overnight. Were looking at cooler air during the ladder portion of the week. It will feel like autumn later on and well have details on how the slide curse coming up the in seven day. Karen, what are roads look like . Reporter were not seeing too many bad spots out there right now. Light volume on columbus day, no major problems. We have construction winslow township shutting down fox borough road at route 73. The stick to tauten road. Van ...
June 21, 2024
World. But today most trading in stocks is done elsewhere by Robot Computers that buy and sell in microseconds, faster than you can blink an eye. And the computers have done so well that some institutional traders have come to believe that the game is rigged. Are humans ever involved in the trading . Humans are not involved in the trading because humans are way too slow. [ticking] there are close to 850,000 of them in the United States, twice the number of atms. The new slot machines, the Main A...
June 21, 2024
Who accepted bitcoin. Yes. Is the microphone, give it to him, go ahead. So the best time to plant a tree is 20 years ago and the second best time is today. You need to recognize there is more at stake than revolutionizing shopping in new york city. When you think about the 2. 5 billion people on planet earth that dont have access to a Financial System that completely ignored them, then today there is an opportunity for them with a smart phone to put a bank if their pocket. A bank that lets them ...
June 21, 2024
Peertopeer lending. There are some credit qualifications on both sides. The bank that provides the credit evaluation is out of the mix. Is that a good thing or a bad thing . Society started off with the barter system before. The first bank was formed i think it is great. System,on, the payment these are all innovations. If there is a market for it and they can do it efficiently and manage the credit risk, god bless them. It going to end in tears . With a set of problems emerging . Nothing is ris...
June 21, 2024
Peertopeer lending. There are some credit qualifications on both sides. The bank that provides the credit evaluation is out of the mix. Is that a good thing or a bad thing . Society started off with the barter system before. The first bank was formed i think it is great. Innovation, the payment system, these are all innovations. If there is a market for it and they can do it efficiently and manage the credit risk, god bless them. Is it going to end in tears . With a set of problems emerging . No...
June 21, 2024
There are great quotes from now the cost talking about these mystical chess grandmasters. Once computers got better, we looked in the rearview window and said, this is just pattern matching. I had the chance to talk to gary and he was the world chess champion. Between intelligence. There are great quotes from now when he first became world champion, he played 32 simultaneous matches against the best chess playing computers and he won 320. 10 years later, ibm beat him in a pretty close match and ...
June 21, 2024
Book about economics and then somebody shows you what that actually means. Machines dont think. In the same way, there is a great pioneer of Artificial Intelligence that said airplanes dont flap their wings. We see cool stuff going on in nature and we build machines that get there. When i talk to these uber geeks and i say, are you building artificial brains, they generally say i have no idea how the brain works. I am solving an engineering problem. There are guys who are trying to reverse engin...
June 21, 2024
Im going to give you another question to avoid. Lets start to where the crisis hit the fan. Bear stearns has been saved. Lehman brothers was the next one up. We can talk about whether they could or couldnt but in your mind, was that the right decision as when liam fell and well leave the discussion to go for a briefing with the spokesman, rear admiral john kirby. [captioning performed by National Captioning Institute] [captions Copyright National cable satellite corp. 2014] captioned by the Nati...
June 20, 2024
The New York Stock Exchange was the center of the financial world. But today most trading in stocks is done elsewhere by Robot Computers that buy and sell in microseconds, faster than you can blink an eye. And the computers have done so well that some institutional traders have come to believe that the game is rigged. Are humans ever involved in the trading . Humans are not involved in the trading because humans are way too slow. [ticking] there are close to 850,000 of them in the United States,...