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And social change and the impact of racism and economic growth. Its monday, june 15th and youre watching Worldwide Exchange right here on cnbc. Well, good morning, good afternoon, or good evening and welcome from anywhere in the world that you might be watching thank you for starting your week with us here on cnbc if your just joining us or waking up you might want to grab another cup of coffee. Dow futures are off their lows but theyre down 630 points right now. A couple of hours ago, dow futures were down 1,000 points all the indexes indicating a loss at the open again, a 2 drop right at the open now well see how that plays out certainly a lot of red on your screen right now lets move on. Dow futures again down 535 lets also check the etf that tracks the major averages because that is subject to different moves in the futures overall. Right now it looks about the same but we got in earlier and it looked like the possibility ....
The task force will now come to order. Without objection, the chairs authorized to declare a recess at any time without objection members of the full committee are authorized to participate in todays hearing consistent with the committees practice. This hearing is entitled robots on wall street, the impact of ai on jobs in the Financial Services industry. The chair will recognize himself for five minutes for an opening statement. Thank you all for joining us today for what should be a having interesting hearing of this task force. Were looking at exploring how ai is being deployed in Capital Markets from automated trading to Investment Management decisions. Were going to consider how the use of this technology is changing the nature of work in Financial ....
To 2 part i was issuance you sort of laying them off the offer than it was issues and thereby they were able to reduce. Rooted out actually more people and i expect that something similar will happen. In an next recession but if so then if the recession be last long there sooner or later that you know youre in unemployment figures or right thanks so much for your faults on that. Well as we move towards 5 g. Mobile technology there are growing concerns that with more devices connected to the internet Cyber Attacks could also increase and nothing exists in isolation you see the world leader in 5 g. Technology is chinas while away which is at the center of that trade war between the United States and china now the u. S. Believes what weighs 5 g. Technology could be used by china to spy on other nations in Sensitive Industri ....
Their emails were they were able they say to target about 241 of those people but only succeeded in 4 attack 4 accounts being hacked and microsoft says none of those were government officials or the president ial Campaign Still it does send a message that things are different this time around and Tech Companies are sending the message to hackers especially those associated they believe with governments that theyre not going to stay quiet dont do this for Us Democratic president ial hopeful Bernie Sanders so you had a heart attack and here this week sanders seen here leaving a hospital after receiving treatment canceled all Campaign Events off to suffering chest pains on choose day the 78 year old was treated fo ....