Were getting the move. There is two primary ones. Better china trade data, particularly on the exports. Then bank earnings, jpmorgan, lets call it good enough. Thats my phrase. People were expecting downbeat commentary. We didnt get that. That helped move the financials and the overall markets. High cash positions forcing a lot of people into the markets, Short Covering going on. Look at the china trade data. The news on china has been relentlessly bearish for a year. Everybody said, oh, my heavens, maybe the news isnt so bad. Short covering rally and hang seng, up 3 . Japan up, france up, everything up 3 . Thats a nice move for all the global markets. It is spilling over into our markets as well as europe, china trade data, helping things like material stocks, all been strong, so youre steel stocks like midtall, bhp billiton, glen corp. , all those stocks up here. Banks in the u. S. , jpmorgan strong and all of the other stocks in that group up about 4 . Key point here, banks underper
Sensors, why did this not get detected . And owe the answer is and you can tell if you look at the map that nobody thought to put these sensors around the white house or around the highincome areas of washington, d. C. So it was never measured. So it wasnt actually applied in this case to a wealthy area. We should look at how we apply it to accept the widest set of individuals. We need to talk about collaboration coordination. One of the interesting questions i think for government right now, is to ask themselves why didnt we create uber . If you think about this, you know, the problem that uber tried to solve, the really fundamental problem of matching passenger to drivers is really a taxi problem, this was something that cities and states knew they had. They were familiar with rolling out technology, they had done this in the past but they didnt probably the number one reason this problem is solved because they wanted to solve their own needs. They werent saying all these other citie
They look at oil pressure, temperature, speed and they basically were able to do prevent of maintenance to reduce down time, they were able to have service sooner and increase the reliability of their system. So fewer breakdowns, longer Vehicles Service life and they were able to save 5 million per year in maintenance costs. So substantial impact. We can think about disrupting how we do things in government. A lot of people in this room are wearing activity trackers. Maybe breaks should depend on how much activity you do. Sitting in a patrol car versus walking for eight hours is very different. Maybe we can start rethinking how we do labor based on these type of technologies. Second, we have to start thinking how we can make smart the default. Were seeing this in some locations. California has decided by 2025, all water meters have to be smart. And we can see really big impacts sometimes when we to do this. In mumbai, they were able to cut water consumption by 50 . We need to be starti
The Congressional Internet Caucus Advisory Committee hosted a discussion about the National Security agencys Surveillance Programs. It included Stewart Baker and advocates of an open internet. They considered the affects of nsa surveillance on Cloud Computing and the development on new technologies. This is an hour and 15 minutes. A little housekeeping item. Tim is not here today so he asked me to make sure you all know im here as my capacity. I am with the American Enterprise institute. I am not holding any of their opinions and the people here will state whether they are stating the opinion of themselves or the organization. This is really not meant to be a technical debate. Its a debate of where are we a year after the snowden revelations and what weve learned. And im just going to ask each one of our panelists who are really well written and well spoken on this topic to give a couple key points of their point of view. Be thinking about questions. So im going to start with Stewart B
In a way that i think impacts human rights. One of our biggest concerns about data localization presnowden is many of these countries were doing this not because they were trying to protect themselves against the big, bad americans but because they wanted to exert greater control over Internet Data and internet speech. We have now given them a great deal of ammunition on that. Similarly, even prior to the snowden revelations, there was a big debate over the role of the u. S. In internet governments. And what should the future of internet governance be . Should it be to be multistakeholder model that involves governments and Civil Society but many are concerned is dominated by the u. S. . Or should it be the realm of governments and intergovernmental process . We had countries like china and russia and zarb pushing very hard to increase the saudi arabia pushing hard to increase the role of governments in the global internetization of the internet. That trend consistented presnowden. How