To give to sell the news. And i think this is because we are genetically predispose today pay more attention to bad things. Bad is stronger than good because bad things could be a threat to survival. Our hunters, forefathers who were more worried, who didnt relax, who looked anxiously toward the horizon whether there might be predators, they probably survived more often than others. They passed on genes to us and stress hormones and attention to all the bad things that could go on in the world. Add to this another factor, the fact that we are by nature nostalgic. We tend to think that the good old days were in another era, previous era in our childhood or even before this or even before that. These are some scenes from a brilliant french movie in 1959 about a man who goes back in time to a better era, the goldold days, where everything was wonderful. But then hes there and he thinks its pretty good but then he meets an old man who tells him, oh, you should have been there when i was yo
Host hype will only set false expectations with an undecided public, and thats when it comes to driverless cars. What did you mean . Guest ing thats exactly what i meant. Its quite straightforward. If you read a lot of the headlines, you see a lot of the proclamations that automotive executives are making and, look, in the automotive business were used to a lot of hype. And i think when it comes to everyday matters, a little bit of marketing hype is okay. When it comes to matters such as this, i think its a little bit disingenuous because words are flippantly thrown around. When so and so says autonomous, so and so says selfdriving. A consumer thinks i come out of my home, i hit a button, and that car will take me anywhere in america at any time under any conditions, and thats not the case. If you go to some of the tests that are being run in pittsburgh, the headline says fleet of Autonomous Cars roaming pittsburgh. It doesnt tell you theres two engineers in the car and theres at least
President of the audi of america comment scott keogh recently wrote that recklessly introducing the future with the most critical component of the equation, uh the consumer negative inning false expectations with the driverless cars. Taken not has said it better myself. As it is quite straightforward will give some examples if you read the headlines juicy carnegiemellon uc the up proclamations executives are making in the automotive business they are used to hype and when it comes to do everyday matters marketing hype is okay but such as this said think it is disingenuous because the words are so flippantly thrown around such as autonomous or autopilot or so strivings of the consumer thinks i go home and i hit a button i can go anywhere in america at any time under any condition and we know that is not the case berger if you go to some of the pilot test out of pittsburgh the headline says the Autonomous Cars are roaming pittsburgh beat paragraph says there is 45 interruptions this new
At post 9. Also today, the president and ceo of the aspen institute, walter isaacson. Walter, good to see you again this morning. Good to be back with you. Our top story today, one weve been following pretty much all week. That is the moment of truth that social media is going through following Donald Trumps president ial win one week ago. In the last 24 hours, twitter has suspended a number of accounts associated with the altright Movement Just as it announced a new effort to crack down on hate speech. And in the fight against fake news on social media, tech executives from alphabet to linkedin say mistakes were made and the valley has to do more. At google, weve always cared about bringing the most relevant and accurate systems to users and thats where almost all of our work goes at the end of the day. When i look at it, its important to remember, we get billions every day. There have been a couple of instances where its been pointed out and we clearly did not get it right, and so it
Prove it. Got an insanely addictive gain for econ nerds everywhere. Power lunch starts right now. Welcome to power lunch. Econ nerd Brian Sullivan with three hours left in the trading session. Stocks, as you can see, at session lows, mildly in the green. But if this recent trend continues, it may not be for long. Trying to lead the dow higher at this hour, you got merck and other names out there. As you can see, the dow is up just 19 points. Goldman sachs doing okay. And were pleased to have seema mody riding shotgun with us today. Hi, everyone. Im seema mody. Heres what else is up on power lunch at this hour. Housing starts falling more than expected last month after two straight months of gains. U. S. Attorney general Loretta Lynch says this weekends explosions in new york and new jersey are being investigated as an act of terror. And the National Hurricane center says Tropical Storm lisa has formed in the atlantic. It is not expected to make landfall in the u. S. Lots to get to this