In terms of an after hours session for us it certainly is so many Earnings Reports coming out. And four giant Tech Companies among them coming up on this massive show, fresh off earnings this morning, an exclusive interview with david taylor shares hitting a new record high today. The company saw consumers stock up on Household Goods amid the pandemic and then at the close, well get earnings as sara mentioned from names like apple, amazon, facebook, and alphabet those companies represent some 40 of the nasdaq 100s total market cap that is all coming up today on closing bell. Lets start with the markets the dow more than 500 points intraday swings today. Now at the moment down by 200 points mike, an intraday recovery inspired by the european close this was soft. Once we got that behind us, allowed us to bounce a bit it is true. The markets absorbed that weakness in europe as well as, of course, the ugly economic numbers before the open. Also i tested the recent lows in treasury yields w
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
Thank you for coming. That is the pink newspaper thats really good. I present bc radio. Ive done a show for the World Service ive made fifty inventions that shaped the modern economy. And how numbers lead us astray and sometimes help us to understand the world. I also have a podcast with a gentleman called michael lewis. Called Cautionary Tales its all about things going wrong sometimes and tragic ways and sometimes in amusing ways. In between all of that i try to write a few bucks. The second thing i want to say is thank you to the Rancho Mirage festival to jamie and the rest of the festival. A round of applause for jamie please. Jamie emailed me probably 18 months ago and suggested i fly across the world from Oxford England to come to Rancho Mirage. Its a huge journey for me. Thank you very much to all of you. I feel fortunate to be here. [applause]. I said i wasnt a fan of long preambles. Clearly im a total hypocrite. Let me talk about this book of mine. I dont if you can see the sl
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
Writers festival. This is 45 minutes. Please welcome tim harford. [applause]. Thank you very much everyone. Host i dont believe in long preambles but i thought i should say a few words. I am well aware the many of you have no idea who i am printed as a thank you for showing up on the spirits of pure curiosity. It speaks very well of you. Even though its a really big name for the festival. I feel very honored to be amongst them. So who am i, few things. Already called the undercover columnist for the Financial Times. It is really good. I recommend it printed thank you sir. [laughter]. The second thing is im with radio. I chauffeur the media world service, fifty inventions that shaped the modern economy. And how we think about numbers and how numbers sometimes lead us astray. They help us understand the world. And i also have a podcast with a gentleman called Michael Lewis and malcolm. Read Cautionary Tales force all about things going wrong and sometimes in amusing ways. And what we can