At any time and without objections, members not on the task force are allowed to participate consistent with the committees practice. And this is entitled robots and ai and the impact of Artificial Intelligence on the Financial Service industry. Thank you all for joining us for what is an interesting hearing of the task force. Today, we are looking at exploring how a. I. Is being deployed in the Capital Markets from automated trading to port follow allocation 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 and rendering some jobs obsolete, and changing the skillset needed to service others. It is not an exaggeration today to say that wall street is quite literally run by computers and long gone are the days when the traders would be screaming on the floors of the new york stock exchange, and they would use t. I. Calculators and pour over the ticker tape to determine the companys value.
Next, financial analysts review the impact of Artificial Intelligence on Capital Markets. House Financial Services subcommittee examined ais impact on minorities. Cyber security measures, encouraging more young people to Study Technology and how the us can remainglobally competitive. The task force will come to order. Without objection the chair is authorized todeclare a recess at any time without objection. Members of the full committee not on this task force are authorized to participate in todays hearing. This hearing is entitled robust onwall street, the impact of ai on Capital Markets and jobs and the Financial Services industry. The chair will now recognize himself or five minutes or an Opening Statement area thank you all for joining us today for what should be avery interesting hearing of this task force. Today were looking at exploring how ai is being deployed at Capital Markets from automated trading to Portfolio Allocation to Investment Management decisions. Were going to co
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
Come up, excluse of ive insightm jamie dimon and ray dalio. Shares of uber, theyre sinking on continuing losses, more than a billion dollars in the Third Quarter. But the ceo predicts profitability within two years. And done everything right goings new chairman backing embattled ceo Dennis Muilenburg of the max crisis. Uber, shares falling stocks now 35 below the ipo price in may yesterday on closing bell, the ceo said he sees profitability as david said for the company in 2021 it was a very significant beat on the top line in terms of Revenue Growth accelerating and the bottom line. We increased our 2019 midpoint of our guidance and ebitda by 250 million. Ill tell you, while we havent finalized our planning, and it is going to take a lot of hard work from a lot of folks, were targeting 2021 for adjusted ebitda profitability full year sort of echoes of what lyft said last week street is mixed on this. I saw price target cuts and raises today. You got rbc saying that there is 1. 7 billi
And its for those of you not amiliar, politico is washington d. C. Based news outlet. Im sure all of you are reading it. Im really delighted to be here today in texas, one of my the union. Ates in im not just pandering. Were going to talk about the state of agriculture in 2020 and beyond. And before we start, i want to theurage you to join conversation on social media, is trib fest 19. I also want to give a big thanks the Texas Tribune festival for hosting this great event and sponsoring. I also understand the Texas Farm Bureau is supporting this and to hear from them. We have a really good panel. Know if you guys realize that. I dont know if the audience realizes that. Two texans and an iowan, which is great. Ideologicalss the spectrum. Frankly, theres a lot going on agriculture, so we have plenty to talk about. Were going to take a few questions at the end, so keep in mind, anything you want to ask the panel and we will leave time for lots of discussion and dialogue. So to begin, we