Apr 15, 2019
Craig is on with Mr. Jack Heath discussing China's selling high tech software and hardware to monitor citizens to Latin America. They also talked about Amazon employees listening to what you tell Alexa.
These and more tech tips, news, and updates visit - CraigPeterson.com
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Related Articles
Amazon Workers Are Listening To What You Tell Alexa
China Selling High-Tech Tyranny To Latin America, Stoking US Concern
3 Technologies That
Could Create Trillion-Dollar Markets Over The Next Decade
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Below is a rush transcript of this segment, it might contain errors.
Airing date: 04/15/2019
Trillion Dollar Markets - Amazon Workers Listening - China Selling Tyranny
Craig Peterson 0:00
Good morning, everybody. Craig Peterson here this morning I was on
with Mr. Jack Heath and Jack and I had a chance to talk about this
whole China selling high tech tyranny to Latin America, three
technologies that could create trillion dollar markets over the
next decade. I didn't get to that on my weekend show like I had
wanted to. And we talked a little bit more about Amazon workers
listening to what you tell Alexa, is this a problem or is this just
another case of the media hyping something up? So here we go with
Jack.
Jack Heath 0:35
Craig Peterson, check out Craig Peterson, O-N.com. Good morning,
Craig.
Craig 0:39
Hey, good morning, Jack.
Jack 0:41
How are you?
Craig 0:44
I'm doing well. We got a few really interesting articles this week.
I don't know if you've heard about more concerns about Amazon
workers, listening into what you're telling Alexa. I've seen a
number of reports that are wrong, just kind of I think misguided
here. Yes, they do listen to some of these recordings. In other
words, they're not sitting there listening to microphones live in
your house or your office. But the recordings that you are making,
when you wake up the device, you know, you give the wake word, and
then you ask it a question or give it a command. Those recordings
are going up to the cloud, they're being processed in order to be
able to do what you ask it to do. So in order for Amazon to get
better at understanding what people are saying. They have to have
people listen to it as well, from time to time. Make sure it's
understanding it properly, and then change some of the programming.
So for everyone out there, that's been getting kind of worried
because of some of these semi fake news reports out there. It's not
such a big deal. We've also got an article up on my site about some
technologies, three new technologies that Barron's was talking
about last week, that could create a trillion dollar market each
one of these over the next decade. Now, you know, I'm not a
financial advisor here. So this is not an investment advice, right?
But you know, you look back to the 1950s. And you remember course
all kinds of technology from then washing machines, vacuum
cleaners, cars, TVs, and you go back another 50 years, and you
really wouldn't recognize America, that's probably going to be the
same going forward 50 years Jack. We're talking about things like
CRISPR technology that's being used for gene editing, healthcare is
on the brink of major changes. We're going to make custom drugs for
people. In computing, we're moving from the digital world, Moore's
law that's governed us for so long with computers doubling in speed
is going away. We're moving to quantum computing, something called
neuro morphic computing, which is mimicking the human mind and
material science. You know, we've had, of course, Boeing in the
news recently about the Max 8, well, they have a new plane coming
out called the Boeing 787 Dreamliner. It's a lot like the
predecessor, but because they've been using some powerful
simulation machine learning, they can develop now, some new
materials that they faster, 100 times, literally 100 times faster
than they ever could before. So this new Dreamliner, even though
it's mostly the same as the last model, it's going to be 20%
lighter, and 20% more efficient. So we've got quite a world ahead
of us, Jack.
Jack 3:41
Interesting. All right, what else? Any other interesting consumer
tidbits or tips?
Craig 3:47
Yeah, yeah, there's been a lot of concern raised about Huawei. And
what's been happening with 5G roll out. And I've always been
concerned about government and advertisers even monitoring. Well,
China has stepped in into this Venezuelan problem where we've got
strong men, Nicolas Maduro down there, clinging to power. Remember,
China has a software and hardware that's designed to monitor its, I
don't want to call them citizens, because they're not it's a
communist country, but to monitor the people. So they over in China
have social credit, where you get jaywalk, and it dings you, right.
Too many dings and you're out of luck. Well, now that they've sold
that to Venezuela now, and they're issuing a card down their
national ID card. It's a smart card. And it's used for the
government to give you money. It's used for your banking, and it's
used for your voting. And so now Maduro is allegedly now using this
for social credit, where if you don't vote the right way, you will
not be able to get money from the government.
Jack 5:00
Makes me want to live in China. Right. I'd be fined if I never go
to China for a minute, no offense, but anyway.
Craig 5:06
Yeah. That's the case, and that's unfortunately coming here
potentially with 5G. That's been some of the concerns people have
been having.
Jack 5:15
Yeah, all right Craig good stuff. on this Monday morning Craig
Peterson. http://CraigPeterson.com. His show of course on
Saturdays, Tech Talk. Thanks, Craig.
Craig 5:23
Hey, take care Jack.
Craig 5:28
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a great day. We'll be back tomorrow and you know it's a security
thing and take care. Bye bye.
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