When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
There. Id like to first introduce our panelists including myself. Doctor Michael Pillsbury is one of the foremost china experts in the world. Hes currently senior fellow and director of the chinese strategy at the hudson institution. Its an incentive rate hes distinguished defense and policy advisor highranking official in numerous books and reports on china. I know, i can tell you definitively that mike has really changed the u. S. Militarys thinking. Back a number of years ago he sent to china to collect Chinese Military writings. He was the First American official who revealed that what the chinese were telling themselves militarily behind the scenes was quite different than what they were saying in public about how they wanted to be friends with the world. And it really had a tremendous impact on understanding the militarys review with peoples republic of china. His book is a Landmark Book to replace america as a superpower. This book is really a fascinating look. Its probably one
Duplicate. Easy to verify, prove it is what it claims to be under all kinds of conditions and constraints for all people. You must be able to carry the information what it is, what it is worth without generating any information how it is used or by whom and has to do this on platforms and networks and machines that generate effectively perfect copies and transaction logs and records. So to figure out the how of how to make Something Like cash digital is a very tall order which raises the question why you would need to build such a thing. Answering the question will take us from fighting surveillance to libertarian theories of economics and the pursuit of human mortality and all of thes agendas fed into the creation of bit coin and the cryptocurrency a block chain currency today. Its not just the story of building a new payment platform but a deliberate attempt to engineer a future society through the mechanism of money a utopian project i like to call the speculative currency projects
And this is one how and several competing wise. How do you go about getting the digital equivalent for currency for cash and coining it is a significant technical challenge and you need to create a Digital Object that is difficult to forge and duplicate. Easy to verify, prove it is what it claims to be under all kinds of conditions and constraints for all people. You must be able to carry the information what it is, what it is worth without generating any information how it is used or by whom and has to do this on platforms and networks and machines that generate effectively perfect copies and transaction logs and records. So to figure out the how of how to make Something Like cash digital is a very tall order which raises the question why you would need to build such a thing. Answering the question will take us from fighting surveillance to libertarian theories of economics and the pursuit of human mortality and all of thes agendas fed into the creation of bit coin and the cryptocurre
Announcer please welcome tim day, Senior Vice President of the u. S. Chamber of commerce. Good morning. Its great to be here. Its great to see you. First of all, i want to thank christian zer and his team for organizing such an Excellent Program today. I have enjoyed working with christian on a number of important issues to c tek and our member companies. But at c tek, the chambers Technology Engagement center, we are, wind working to establish National Data privacy standard that protects all americans equally and promote policies that enable emerging technologies like artificial intelligence, automated vehicles, and Unmanned Aircraft to thrive. Our goal is to see a workforce that is skilled and prepared for the digital economy. The Common Thread running through all of our work is the issue of data. Without a thriving modern communications network, none of this is possible, and thats why i am happy to be here today to introduce chairman pai. Hes the son of immigrants that rose through