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Part of the his is Financial Services industry. The chair will now recognize an elf for five minutes for opening statement. First off, thank you for joining us today for what should be a thisinteresting hearing of task force. Today were looking at exploring how a. I. Is being deployed in Capital Markets from automated Portfolio Allocation to Investment Management decisions. Were also going to consider how the use of this technology is changing the nature of work in rendering ervices, some jobs obsolete and changing the skill sets needed to excel in others. It would not be much of an exaggerati...

An electric fever. Tesla is set to unveil its electric pickup truck. We will have the latest. First to our top story. Apple is overhauling how it tests software. Bloomberg has learned the system is changing after a swarm of bugs marred the latest iphone and ipad. The goal is to make it easier to spot problems earlier. This comes one day after President Trumps visit to apples austin, texas factory where ceo tim cook met the president to discuss keeping iphones free from tariffs. Lets bring in tom forte and Bloomberg Technologys mark. What do we know about the software change . Software has ios ...

S an hour and a half. The task force will now come to order. Without objection, the chairs authorized to declare a recess at any time without objection members of the full committee are authorized to participate in todays hearing consistent with the committees practice. This hearing is entitled robots on wall street, the impact of ai on jobs in the Financial Services industry. The chair will recognize himself for five minutes for an opening statement. Thank you all for joining us today for what should be a having interesting hearing of this task force. Were looking at exploring how ai is being...

Electric pickup truck. We will have the latest. First, to our top story. Apple is overhauling how it tests software. Bloomberg has learned the system is changing after a swarm of bugs marred the latest iphone and ipad. The goal is to make it easier to spot problems earlier. This comes one day after President Trumps visit to apples austin, texas factory where ceo tim cook met the president to discuss keeping iphones free from tariffs. Lets bring in tom forte and Bloomberg Technologys mark gurman. What do we know about the software change . Mark apples ios software has been bugging the past few ...

[inaudible conversations] [inaudible conversations] the committee will come to order. Thank you all for being here. I would like to thank Ranking Member whitehouse, my friend and collaborator. Its great to be here at doing this together. I was just saying to him, i told him i would tell you it would bt nice to them in his edges because hes a top question. He will take you to test. I would like to thank the witnesses for their attendance today. I would also like to highlight two empty chairs today, which i say for saved for two and find witnesses who apparently dont show your commitment to disc...