LOCKDOWN AS ADDED PERCUSSION
WE WILL BREAK AND AS SOON AS
WE CAN CONFIRM ANY MORE
DETAILS IN THE IDENTITY OF THE
DRIVERS HAD NOT BEEN
RELEASED.
KIND OF MIDDLING SLIGHTLY
BELOW ABOVE AND BELOW.
I HEAD OF THE BIG REVEAL.
THE SILICON VALLEY TECH GIANT
IS UNDER FIRE.
FORGET FACEBOOK IT IS GOOGLE
IN THE MASSIVE ANALYTICS
BUSINESS.
IT'S CRASHING YOUR PRIVACY IN
WAYS THAT NONE OF US REALLY
KNEW IT HAS THE ABILITY TO
HARVEST YOUR FACE.
THE FACIAL RECOGNITION ISSUE.
IT IS THE HOT TOPIC SUCKING UP
OXYGEN IN THE TECH WORLD.
AS IT WERE TAKING ADVANTAGE OF
CONSUMERS THEY ARE RACING THIS
TO THE FINISH LINE.
A GROWING U.S. COMPANY ALREADY
AHEAD OF THE AI CURB.
IT'S HARNESSING THE CONVERSION
OF AI.
IT IS CURRENTLY VALUED AT
$1.4 BILLION IN THE CEO YOU
MAY RECOGNIZE THE NAME.
HERE IN A FOXBUSINESS
EXCLUSIVE AS WE ARE NOW ABOUT
19 MINUTES AWAY FROM GOOGLE
GIVING THE EARNINGS.
I HAVE TO ASK YOU ON THE
GOOGLE ISSUE.
DOES THE FACEBOOK PRIVACY
SCANDAL AND NOT WHAT PEOPLE
ARE QUESTIONING REGARDING
GOOGLE DO THEY ALL HAVE THE
ABILITY
GOOGLE DO THEY ALL HAVE THE ABILITY AND IT NEEDS TO BE
ADDRESSED.
AS A RELATES TO GOOGLE.
THIS IS A GREAT COMPANY.
I THINK MOST OF THE
DISCUSSIONS IS SPECULATIVE.
WE WILL SEE WHAT PANS OUT
THERE.
OR WE WON'T BE ABLE TO CONDUCT
THE DEMOCRACY.
THE JOURNAL SAID IT CAN
ACTUALLY FOLLOW YOU EVEN AFTER
YOU HAD LOGGED OFF OR OPTED
OUT OF THINGS.
I THINK PRIVACY IS A VERY
IMPORTANT ISSUE I THINK EUROPE
HAS GOTTEN OUT IN FRONT OF
THAT.
THIS IS AN AREA WHERE WE NEED
THE GOVERNMENT TO TO COME IN
AND REGULATE AND ENSURE THE
PEOPLES PRIVACY.
LET'S GET THE ARTIFICIAL
INTELLIGENCE.
IT IS THE COMPANY AND YOU ARE
JUMPING AHEAD WITH EXACTLY
WHAT AS IT PERTAINS TO MACHINE
LEARNING.
IT'S THE WORLD'S LEADING
PROVIDER OF AI AND IMT ILT
APPLICATIONS FOR INDUSTRIAL
USE.
THIS IS IN THE AREA OF
PRECISION MEDICINE.
OPTIMIZATION OF MANUFACTURING
PROCESSES.
WE ARE ABLE TO USE NEW
BREAKTHROUGHS IN INFORMATION
TECHNOLOGY TO CHANGE THE WAY
THAT PEOPLE DEAL WITH
CUSTOMERS AND HOW THEY
MANUFACTURED PRODUCTS.
TWO GREAT ECONOMIC AND SOCIAL
BENEFITS.
YOU HAD TEAMED UP WITH
MICROSOFT FOR THIS.
WHAT ARE YOUR APPLICATIONS
THAT YOU FORESEE.
GIVE US THE FUTURE DREAM THAT
YOU HAVE AS AN EXAMPLE ANY
KIND OF PERFECT ANALYSIS.
WE ARE WORKING ON PRECISION
HEALTH WITH 3M HEALTH.
AND WE CAN TAKE HEALTHCARE
DATA TO DRAMATICALLY INCREASE
EFFICIENCY.
AND LOWER THE COST OF
MEDICINE.
AND DECREASE THE EVIDENCE
WHICH WE ALL KNOW HAPPENS
ACROSS TO INCREASE THE SAFETY
AND THE LIABILITY.
I WENT PRODUCTION AND LOWER
THE COST OF ENERGY FOR
CONSUMERS.
IT JUST STARTS LIKE SMART
SOFTWARE.
IT SCARES SOME PEOPLE.
YOU CAN UNDERSTAND WHY.
AND THE FACT THAT YOU ARE
AHEAD OF THIS MAKES SOME
PEOPLE FEEL A LITTLE BIT MORE
COMFORTABLE.
I THINK THEY ARE APPLYING AT
SIX TIMES THE RATE THAT UNITED
STATES COMPANIES ARE.
THESE ARE VERY BRIGHT PEOPLE
AND THEY ARE MOVING AHEAD VERY
QUICKLY.
THEY BASICALLY PROMISE THE
ABILITY IN PREDICTIVE
ANALYTICS.
WE CAN PUT PREVENTS -- PREVENT
IT BEFORE IT HAPPENS.
DO YOU FEAR ANYTHING AND WHAT
YOU'RE DOING.
THEY HAVE TO SHUT DOWN THE
DIVISION OF ITS AI.
THEY LEARN TO COMMUNICATE WITH
EACH OTHER THAT PEOPLE IN
CHARGE OF THE PROJECT CANNOT
UNDERSTAND.
LIKE THE INFORMATION
TECHNOLOGY ERA AS WE GO INTO
THIS NEW FIELD THEY'RE GOING
TO BE ISSUES THAT WE NEED TO
DEAL WITH AND THERE WILL BE
JOBS THAT WILL BE ELIMINATED
AND THERE WILL BE PRIVACY
ISSUES THAT ARE CRITICAL THAT
NEED TO BE ADDRESSED.
AND MOST IMPORTANTLY THERE IS
CYBER SECURITY ISSUES THAT ARE
HIGHLY CRITICAL NEED TO BE
ADDRESSED.
I THINK THIS IS AN AREA WHERE
WE NOT PAYING NOT PAYING
ENOUGH ATTENTION AS A
GOVERNMENT AND INDUSTRY.
WE ARE NOT FOCUSED ENOUGH ON
THE CYBER CYBER SECURITY THIS
IS CRITICALLY IMPORTANT IF WE
DON'T ADDRESS IT WE WILL BE
SORRY.
ON THAT UPBEAT NOTE.
IT'S A PLEASURE TO HAVE YOU.