Loans provided through the c. A. R. E. S. Act during the coronavirus pandemic. The House Small Business Committee held this hearing. I want to thank everyone for joining us this afternoon for our committees First Official remote hearing. I want to make sure to note some important requirements. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Also, if you have to participate in another proceeding, please exit this one and log on later. You are recognized to minimize background noise. Over the last few months, the outbreak of covid19 has led to an unpresented Public Health crisis and dire economic crisis. We have lost over 10,000 people to the disease and 30 million remain unemployed. Back in february as the pandemic was getting worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage
We just have taken whatever fever dream of a Technology People had in the 1960s and said right, were going to take that in our current pocket. Its never how technological change works. Very often its how we think about it. As we see our lives the way we behave, the way we interact with people at political institutions,our organizations , the office, we see that and we imagine what technology does is it just drops in and it replaces one little bit of what we do and nothing else changes. This is similar to theblade runner problem we have. You have artificial humans and yet people are still making calls from payphones. So we always or almost always adapt to take advantage of the new technology and the adaptation process is not always pleasant but it always happens. Its usually necessary and we prove to be very adaptable and contorting ourselves to make the Technology Work for us or being contorted because you work for an organization, you have to do what the boss of the Organization Says
States, which means 22 million tomorrow and then 69 on saturday. And our coolest day of the week is expected to be on monday. As you mentioned californias 53 degrees. By tuesday and wednesday, not just for inland areas, also population is almost 32 million sfraevenlts were going to see people. It has the state dipping into the return of some sunshine in our forecast, at least a good mix of sun and cloud, yes, those saveniintoin are 50 San Francisco will drop down into the 50s. And then well see the return of dry savings. T almost 20 million in tweets again into next tuesday reserves, our fiscal footing was and wednesday. Dont forget to join me after quite good approaching this the newscast on instagram live. Ill be here answering all of pandem pandemic. We are together raising the money to be sure that all your questions. Stay with us. We have more news coming up after the break. Were all doing our part by staying at home. Workers will be getting some benefits. So there are a lot of Ca
I dont believe in long preambles but i feel that i should say a few words before i Start Talking about technology. The first thing is that i am well aware that many of you have no idea going on. So thank you for showing up out of the spirit of pure curiosity. Tim s speaks very well of you. I know those really big names. So i feel very honored to be here. So who am i. I write a column for the undercover columnist for the Financial Times. It is really good. I recommend it. Thank you sir. [laughter]. The second thing is that i do radio. Adagio for service they called 50 things that makes economy. And all about numbers and how we think about numbers and how number sometimes stray sometimes. It helps us understand the world. I also have a podcast with a gentleman called malcolm gladwell. Cautionary tales which is all about things going wrong and sometimes in tragic ways and sometimes in amusing ways. And what we can learn from them. So in between all of that, i write books. It took about wh
Start talking about technology. The first thing is im well aware that many of you have no idea who i am and so thank you for showing up out of the spirit appear to gossip. I think it speaks very well of you that i know theres some really, really big names at the festival and i feel very honored to be among them so thanks for coming. So who am i . A few things. I write a column called the undercover economist for the financial times. Thats the pink newspaper thats really good. I recommend it. Thank you, sir. The second thing is i present bbc radio. I present a show for the Bbc World Service called 50 things that made the modern economy. All about numbers and i would think about numbers and how numbers sometimes lead us astray and sometimes help us understand the world. I also have a podcast with a gentleman called Michael Lewis and them gentleman called Malcolm Gladwell called Cautionary Tales which is all about things going wrong come sometimes in tragic ways and sometimes in amusing w