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>> the stock market is rigged. the most iconic market in global capitalistm is rigged. >> why whom? >> combination of banks and traders. >> who have -- who are the victims? >> everyone >> you watched this piece and what did you think. is michael lewis right? >> i hap to know -- i happen to agree with him. think about the mutual funds. they have to deal with this. >> do you make his side? >> ai do. there are a group of people who have an advantage because they have a super computer. front running is illegal but

>> so you got michael lewis and he book ended the fellow who figured out what was going on of the he worked at a large investment firm and he couldn't figure out why they would put in a trade and they would wind up getting part of it filled at the price they agreed to, but so much -- the rest of it was at a higher price. turns out -- he mall a guy from ireland and did the figuring out, that these high speed traders, what they're doing is they're using fiber optic technology. so they're able to see when somebody says, i want to buy ibm at a certain price, for some reason it shows up on their su...

Years ago. putin's tough stand on crimea with seemingly little care about world reaction really does appeal directly to the large majority of russians who believe that crimea was, is, and will always be russian. back to you. >> thanks, jim. i'm joined by a man you may recognize, born in the soviet union, garry kasparov was a chess grand master at 17. world champion at 22, the top player in the world for two decades. he famously split two matches against ibm's super computer in the '90s, but after retiring, he put his efforts into politics. he even ran for president himself. he's been arrested ...

From the first one. welcome both. >> thank you. >> the second machine age begins, you say, 15 years ago. what happens? >> one of our early indications that things were really different was when gary kasparov, the chess champion, lost to deep blue designed to play chess. we used to think of chess as one of the highest expressions of human intelligence and then the match with deep blue showed us something different. more recently another ibm super computer called watson showed us that human beings were no longer the best "jeopardy" players. it beat ken jennings and brad rutter by more than three...

Computers have come a long way, but now there's a new super computer based on quantum mechanics that could potentially spark a global arms race. it has the potential to solve the most complex problems, easily break encryption protections and do tons of create stuff that we probably can't even fathom. also in a recently leaked edward snowden nsa document code named penetrating hard targets. this new super computer has huge investments, from goldman sachs, the cia and nasa. oh yeah, the computer runs in an environment that is colder than the coldest known place in the universe. it is also the su...