Thank you and thank you to the world bank are hosting me today. I do feel the need to start a saying i am not an economist. Im a food writer. Im a culinary historian. Justice explained how the book came about, when ice first started my career but about financial topics. I worked with a small Consulting Company that was acquired by a much larger conglomerate and i was tasked with creating content about the equities market and the one that completely changed my life, the commodities market. So how did that change my life . When i started learning about commodities, of course i realized that there are certain products such as oil and gold but there are also products that fall into the Agricultural Commodities segment and those products like cattle, soybeans, coffee, cocoa. This was a sign that everything came together for me. He was advising people to purchase frozen orange juice futures and pork belly futures which no longer. Now but he was essentially saying by orange juice and byebye b
The feedback between consumers was to say the least very lengthy. Thats as much history as im going to bore you with this morning, but i wanted to go down memory lane because i think its going to accentuate something. We call it the data factory. I want to spend a couple of minutes explaining the powers that have enabled the enormous rise of the data factory in the last 10 years. So a few quick thoughts. First, the explosion of bandwidth and the change here has been unlike anything anyone has ever seen before in any comparable time over the last 25 years. The second is in storage. Its hard for us to imagine today that about 14 of stored information existed believe it or not on vinyl records. Then we all know what has happened with computers and computation. 25 years ago, most of the Computing Power in the universe was in a pocket calculator. Obviously, that has shifted dramatically as the years have gone by. The other thing that has helped change everything for consumers and workers ev
Creative. A man. Amen. I know my species. I happen to legitimately think this is one of the most important topics of conversation that we must be having not just here in california, but across the country and around the world. This is code red and weve got to wake up to this remarkable world all of you have created are around us and the one you have created day in and day out. Our educational system reminds me a bit of kodak. You think youre doing fine, your quarterly reports come out and the world you invented is going against you. We have to wake up or we will end up down that same path. Scrub that. You see at csu. No finer institution of Higher Learning in the world, but we can be so much more but we have to be willing to invest in our lead. If you dont invest in the future, you are not going to do well there. I want to put in a pitch for the entrepreneurs here who do amazing stuff. Ofres a whole bunch wonderful activities that really shape the future and that activity is the import
To find your own means of being successful and understand there are many different ways to be successful, i will frame it in his language. Find your individual superpower and leverage that. Be successful in your own way. If you manage by deep caring about your people while not worrying about what they think about you, you will be a successful as successful as you can possibly be. Always remember when you are thinking about communicating clearly with people, you may think people are fooled if youre telling them what they want to hear they are looking at you all the time. If you try to lead in some way that is not true to who you are, they can see it. They will see through it. You will lose the trust of the team. It is those simple pieces of advice of how to lead. Have a great life. [applause] more from the Techcrunch Disrupt in San Francisco with engineers and executives from Silicon Valley discussing the latest in jewelry and robotics. This is 25 minutes. We are going to talk about rob
Gets shipped via rail, will the focus return to building out pipelines . All that and more tonight on nightly Business Report for thursday, january 2nd. Good evening and happy new year everyone. Well, a winter storm whipped through the northeast on this First Business day of 2014 and on wall street stocks turned icy cold coming off a banner year. Some say investors were booking profits after the runup and others are blaming a downgrade of apple for weakness in the tech sector that affected a range of other companies whatever the reasons, all ten ended lower and the first time in five years the first trading session of the new year ended to the downside. Here is how the major averages closed. The dow tumbled 135 points, the s p lost 16 points but gold rallied today after tumbling 28 in 2013, the worst annual decline in more than three decades. Prices of the precious metal rose 23 an ounce today. Crude prices fell ending at a fiveweek low at 95. 44. Today may have been an ice patch. The