The task force will now come to order. Without objection the chairs authors to declare recess of the committee at any time without objection. Members of the full committee not on this task force are authors to participate in todays hearing consistent with the committees practice. This hearing is in title robots on wall street the impact on iaa ai on the financial. First off thank you all for joining us today for what should be a very interesting hearing of this task force. Today we are looking at scoring how ai is being deployed in Capital Markets from trading to portfolio allocations to Investment Management decisions. We are also going to consider how the use of this technology is changing the nature of work in Financial Services rendering some jobs obsolete and changing the skill sets needed to excel in others. It would not be much of an exaggeration today to say that wall street quite literally is run by computers. Long gone are the days where traders would be screaming on the floo
Second. All in favor. Aye. The motion to not to disclose what we discussed in executive session. Second. All in favor. Aye. Onto item 6, pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god indivisible, with liberty and justice for all. Item 7 aannouncements. Please be advised the use of cell phones, and pagers and other sound producing electronics are prohibited during the use of this meeting. Please be aware members of the public have up to three minutes to make a Public Comment on each item of the agenda unless otherwise stated. Onto item 8 Public Comment on items not on the agenda today. Is there any Public Comment on items not listed on the agenda . Seeing none, Public Comment is closed. Thank you. Item 9a, executive directors report. Good afternoon members of the public and port staff, im elaine, the ports executive director. The first item is i wanted to report on fleet week, which wa
Second. All in favor. Aye. The motion to not to disclose what we discussed in executive session. Second. All in favor. Aye. Onto item 6, pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god indivisible, with liberty and justice for all. Item 7 aannouncements. Please be advised the use of cell phones, and pagers and other sound producing electronics are prohibited during the use of this meeting. Please be aware members of the public have up to three minutes to make a Public Comment on each item of the agenda unless otherwise stated. Onto item 8 Public Comment on items not on the agenda today. Is there any Public Comment on items not listed on the agenda . Seeing none, Public Comment is closed. Thank you. Item 9a, executive directors report. Good afternoon members of the public and port staff, im elaine, the ports executive director. The first item is i wanted to report on fleet week, which wa
Second. All in favor. Aye. The motion to not to disclose what we discussed in executive session. Second. All in favor. Aye. Onto item 6, pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god indivisible, with liberty and justice for all. Item 7 aannouncements. Please be advised the use of cell phones, and pagers and other sound producing electronics are prohibited during the use of this meeting. Please be aware members of the public have up to three minutes to make a Public Comment on each item of the agenda unless otherwise stated. Onto item 8 Public Comment on items not on the agenda today. Is there any Public Comment on items not listed on the agenda . Seeing none, Public Comment is closed. Thank you. Item 9a, executive directors report. Good afternoon members of the public and port staff, im elaine, the ports executive director. The first item is i wanted to report on fleet week, which wa
Second. All in favor. Aye. The motion to not to disclose what we discussed in executive session. Second. All in favor. Aye. Onto item 6, pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god indivisible, with liberty and justice for all. Item 7 aannouncements. Please be advised the use of cell phones, and pagers and other sound producing electronics are prohibited during the use of this meeting. Please be aware members of the public have up to three minutes to make a Public Comment on each item of the agenda unless otherwise stated. Onto item 8 Public Comment on items not on the agenda today. Is there any Public Comment on items not listed on the agenda . Seeing none, Public Comment is closed. Thank you. Item 9a, executive directors report. Good afternoon members of the public and port staff, im elaine, the ports executive director. The first item is i wanted to report on fleet week, which wa