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tv   Bloomberg Technology  Bloomberg  December 16, 2021 5:00pm-6:00pm EST

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>> from the heart of where innovation, money and power collide in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco and this is luber technology. coming up, covid cases arise and return to office plans fall. how wall street and silicon valley are doing, and the rto
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timelines. we will talk to a top facebook security executive about the burgeoning surveillance for hire industry this hour. senator jon ossoff joins us exclusively to talk about how georgia landed a $5 billion new factory. we will get all of that in a moment. first, a look at the mock -- markets. kriti gupta is here with details. >> a risk off session, no doubt about it. a lot of pain when it comes to the tech space. the s&p 500 index closing down 9/10 of 1%. comparing that to the nasdaq, 2.5% worth of decline. you see the yields coming down in the treasury markets alongside the scarf mood in cryptocurrency. the big question is, why is tech selling off so hard? first, we are low on volume and
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dealing with the end of month, and of quarter and end of year. a lot of the flows are being reversed. at the end of the day, everyone is asking, how is tech reacting to the federal reserve? a very hawkish pipit to targeting inflation, lowering bond purchases. that was the message from the federal reserve's yesterday as well. you start to see yields to hire before reversing. as they priced in the fed action, which is what this blue line is showing, tech has held steady. earlier this year, when yields went higher and inflation was being priced in, tech was selling off. now, tech is moving in line with yields. that was really the story of the day today. i want to end here with the subsectors of technology. it wasn't just the nasdaq that had a brutal day today. you can see it in the
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semiconductor index. down for .3% along with all the other tech subsectors. emily: thank you so much. meantime, plans to return to the office in 2022 are slowly taking a turn as a new wave of covid-19 upends business plans from wall street to silicon valley. apple and alphabets google has definitely put off the return to office space. citigroup told staffers in new york city to work from home through the holidays if they're able to. citadel issued similar guidance. talk to us a little bit about what is happening across corporate america, and especially in new york city where we are seeing another wave? >> unfortunately, it is deja vu all over again. just now, new york authorities announced we have 18,000 new cases. that is pretty much close to the all-time high. it is very clear the next few days and weeks will get progressively worse. we are already seeing the ripple through effects of how this will affect everyone's return to office plans. new york city is the hub of finance.
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the leaders of these industries have been particularly militant and hardlines about the desire to see their office hours again, one thing to stop skyscrapers again, but their desires are not going according to plan. even as they had people coming back in, they now are being set up to have to deal with employees who are anxious and worried again, and in many cases, they are having to send people back with pockets of various hedge funds or banks. now the leadership has to come out and react, starting with canceling holiday parties, delaying or not wanting them to be back in the office through the end of the year. some of the folks actually delaying it further out into the new year. emily: talk to us about some of the stalwarts like goldman sachs, j.p. morgan, word david solomon and jamie -- jamie dimon
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have been adamant that folks are coming back to work, while we see apple and google in silicon valley not giving a return to work date at all/ . are we seeing the banks that have been leading the charge on the return to the office relent at all? >> they will have to relent. both of these banks have groups where managers have told people on their payrolls to go back, work from home at least for the next few weeks, and not be public about it so they don't want everyone else to know, because not all other groups have the same flexibility. but jamie dimon and david solomon have been front and center in wanting to lead this return to office. goldman sachs brought all employees back to the office in june. jp morgan followed shortly thereafter in july. compare these firms to the stalwarts of tech like apple, google and facebook, they have not had a return to office.
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they are thinking about 2022 february lunch, and even those dates are set back because they are wrestling with the threat that the pandemic will delay every plan they set. emily: even lyft is pushing back a return to work to 2023. thank you for that update. as we mentioned, apple is one of the tech companies making a u-turn on its return to office plan. mark gurman joins us with more. apple yet another company saying we can't give you a date just yet. what is apple telling its employees just yet and what are they doing in stores? reporter: this is the fifth delay for apple return to work plants. originally it would be june. that turned into september. that turned into october. that turned into january. that turned into early february. now it is a date not yet determined, in other words, indefinite. . some people believe it could happen by may or june. some believe some teams will increasingly come back earlier.
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i know the majority of the hardware engineering office is going back to the office a few times a week. they are offering more than $1000 bonuses lacrosse apple support to buy work from home gear. they also have to shake up in store policies for their over 500 retail outlets. right now, they are requiring masks in all locations. that's a change from only half locations. as of today, four retail stores across the u.s. -- sorry, three retail stores in the u.s. and one in canada, have had to close due to an increase in counts of positive tests or exposures of employees, including one today in honolulu, hawaii. emily: wow. ok. meantime, you just reported on apple hiring for a new office in southern california, where the plan seems to be to take on more
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chipmakers. reporter: that's right. apple is working to open an office in irvine, that is in orange county. it is about an hour south of where i am in los angeles. that's a hotbed for talent developing wireless chips. we know apple has been developing a modem to connect to cellular devices. we know they are adding some supplementary parks and wireless soc use to connect to wi-fi and bluetooth. they are looking to create the whole wireless staff to shift away from suppliers like broadcom and skyworks. this is early stages and will take a lot of times. emily: apple expanding as always, despite covid
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challenges. do you think these store closures will impact holiday sales? does it move online and does apple have the infrastructure for that? reporter:reporter: the majority of sales are coming online from the iphone, and the carriers were most iphones are sold. i don't think these individual store closures will have much of an impact. we've also seen individual case-by-case closures happening four or five days max. when apple does this, they asked late -- isolate who is positive. they bring back the people who are testing negative to get operations back up and running. the other thing i note is apple stores are becoming like starbucks. in los angeles, where i live, there's probably 10 or more. if one closes, there are multiple others. emily: mark gurman in l.a., thank you.
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in developing news, general motors has announced dan amann will be leaving. he has been ceo of self-driving. gm says along with a leadership change, they will continue to accelerate and look into markets beyond ridesharing and delivery. coming up, surveillance for hire. companies around the world using facebook and instagram to spy on its users. we will see about the growing hacking for data industry and how it can be stopped. this is bloomberg. ♪
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emily: mehta says it is cracking down on companies that use facebook and instagram to spy on users in 100 different companies. dutch countries. the company came out with a month-long investigation into what they call surveillance for higher and called on governments to step in. joining me is facebook's head of security policy. good to have you back on the show. what do you mean by surveillance for hire, and how does this operate? >> this is a global industry and there's a series of companies around the world who build tools to hack into people's phones and surveilled them online and then they sell them to whoever wants to buy the.
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their targeting is indiscriminate. they target journalists, politicians, human rights activists and ordinary citizens. they are targeting across the internet. facebook and instagram are one piece of it but they have targeted dozens of platforms, websites and internet services. that's why we put up this support to share as much as possible about this and help people understand their targeting out there and then tyler -- how were -- mpower people to hold this industry intact. emily: who exactly is behind this and what are they using the data for? >> one of the interesting and really important challenges with this industry is that they democratize surveillance tools. they make it far easier to get access to the tools you hack into a phone or spy on someone than ever before. the question is, who are their clients? art of what the industry does is
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make it hard to figure out who is behind it. we might see a firm whose behind spying, but we might not know who is hiring them.this is why we enforce consistently, whenever we see people use fake accounts to spy on or mislead users across the internet or on our platforms. emily: you worked with the department of justice and the white house as well. . i'm curious, given your knowledge and how the government to purchase these issues, what kind of response do you think is necessary? > for something like this, you need a whole of society response. we are seeing a response from the united states government and other governments in the last few weeks about how problematic this industry is. you can imagine your customer requirements so that they know who they are selling to and put guardrails around it, who is allowed to have access to these tools. you can imagine sanctions, a range of other steps governments
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can take. emily: the white house deputy national security advisor for cyber and emerging technologies had this to say about their strategy. i want you to take a quick listen. >> what we do there is via our agreements with other countries, create norms to say, here is what we expect about responsible state behavior in cyberspace and we work with other countries to call out activities when there is irresponsible behavior. emily: is that the right strategy? >> i think it's an important piece of the strategy. it is important to see calls from the united states government and other governments in the last few days on exactly this issue. what is great to see is that paired with work from the civil society community. incredible investigators from citizen lab and elsewhere exposing operations and enforcements from industry teams across different companies. when you put those together, you start to put pressure on the industry and make it harder and harder for them to do the type
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of targeting and spying they are facilitating. emily: facebook has of course been under fire for privacy, safety, and security issues. what do you say to folks who think facebook howling out others for surveillance and selling other people's data is hypocritical? >> we have been doing this work, my team was built to tackle adversarial threat actors. people who will target systemically and try to mislead or harm users. i think there's a big difference between building a computer to -- community where people share and engage, and building tools to surreptitiously spy on people, hack into their devices, and sell them. my team and other teams of internet companies will continue to call them out and enforce against them as long as they are targeting people across the internet. emily: right, but what do you think of the folks who say facebook is the adversary? >> what i would say is we have
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been enforcing against actors like this. my teams have done more than 150 enforcements like this in recent years. we try to expose actors who are intentionally trying to exploit users. wherever you build a community where people can gather and share information, there are unfortunately going to be bad actors who target others. i think we have a responsibility , others have a responsibility, as do governments and civil society to hold those actors to account. emily: you have been in this business for a long time. i'm curious where you see the biggest threats in cyberspace right now. what are you most worried about with 2022, especially given the cooling relationship between the united states and china? >> i think there are a lot of moving parts in the securities space right now and a lot of threats out there. one thing that industries like this creates though is the democratization of these threats. we've seen this in the surveillance for hire space.
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companies develop that essentially will sell these tools to anyone who wants to buy them. that means you have far more threat actors out there, far more governments, far more private companies, far more wealthy and private individuals who can use these tools and target people and put them at risk. pushing back on that type of democratization making sure there are controls around these tools, there are limits and protections for people, which i think is an incredibly important focus in the months and years ahead. emily: what are you doing at facebook and instagram on your end to protect your users from these attacks? certainly there's a lot government can do, but what more can facebook do? >> part of this is always finding and enforcing against these companies, but enforcing is not enough by itself.we are also continually improving defenses. we just rolled out a new program called facebook protect. we have tested this. it is a program that increases
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defenses and security for users around the world. i think users also can do a couple things to protect themselves. one thing we would encourage everyone to do, there is a tool on facebook called privacy checkup. it lets people review privacy settings on their account and increases and limits access to sensitive information. we would encourage everyone to do that and take similar steps on other social media sites they are part of. everyone should enable two factor authentication on their accounts. it's important on social media, banking accounts, it also email, which is where these things often target. emily: thankemily: you so much for stopping by. coming up, closing arguments have begun in the trial of elizabeth holmes. we will bring you the latest on the prosecution's last words and what we can expect from her defense team tomorrow. this is bloomberg. ♪
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emily: the social media platform that helped fuel this year's meme stock frenzy is going public. read it says it has confidentially filed for an ipo. the company was valued at $10 billion in a funding round. it has more than 60 million daily users. after 15 weeks and 32 witnesses, the trial of elizabeth holmes, the founder of the failed blood testing start of their, is entering the final stage of -- theranos, is entering the final stage of the trial. we have an overview of what one of the most critical days yet. the defense has just started resenting their closing
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arguments. let's start with the prosecution. what did they focus on today? >> u.s. prosecutors today told the jury that homes try to deceive investors when they were funding and told the jury they presented extensive evidence that shows how homes -- elizabeth holmes claimed to investors and business partners that it was endorsed by big pharma and used by the military which was untrue. emily: this case has gone on for months. how big a risk is it that the jury has probably forgotten much of what was said in those early weeks and months, and it was the prosecution that had the start? >> the prosecution definitely needed to refresh the jury's memory. they definitely appointed out certain statements that were made by ms. holmes when she was at the stand as well as a
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damming statement, including those by former secretary of defense james mattis. they definitely did a good job today bringing the jury back up to speed on everything that has transpired. emily: elizabeth holmes's attorney is in the middle of his closing arguments right now. what does the defense have to say in this critical moment? >> defense attorneys have just begun presenting closing arguments and likely emphasize what they consistently said throughout the trials, that lizabeth holmes was merely an entrepreneur trying to build an ambitious start up in the fact that she failed isn't a crime. that is the narrative presented by them, trying to convince the jury that all she was trying to do was build a company and the fact that she failed his not
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essentially a crime. emily: tell us what happens next. are we expecting the defense to close up tomorrow or will the prosecution have a chance to speak again and then the jury takes the case? >> it is unclear now whether elizabeth holmes's attorneys will continue onto tomorrow or end closing arguments so we have to see at the end of the day. after that, u.s. prosecutors will get a chance to sort of come back and say a few statements or negotiate a bit. emily: we will be following at every step of the way. thank you for giving us that update coming up, just announced,. . coming up, our exclusive interview with georgia senator jon ossoff, coming up next.
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this is bloomberg. ♪
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emily: welcome back to "bloomberg technology." i'm emily chang in san francisco. newly listed electric chipmaker rivian with good news, its first since going public. >> welcome to life in the public markets. the big news being a new plant in georgia. a new facility that comes online by 2024, capable eventually of producing 400,000 vehicles, 7500 jobs and invest $5 billion. that's the future. the problem is we are worried
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about the here and now. they are struggling to ramp up production of their marquee product, a pickup truck. they hope to produce more units by the end of this year but they are struggling. they could be a few hundred short. does that remind you of anything? are you thinking about 2018 and the tesla production hell with model three? there were a lot of questions about supply chain. what are the bottlenecks? the ceo says there's no systemic risks in the supply chain, but they are struggling with bottlenecks of specific parts. the stocks are lowering after hours. you get the headlines, the splashy factory in georgia. that's a few years away. if you are ordering one, you will wait a few years to get one. emily: the folks who did order one are very excited. we want to stick with that news, they just announced a new plan
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to build a plant in georgia. for more on that, i'm joined by georgia senator jon ossoff. i understand you were critical about rivian building a plant in georgia. senator ossoff: there are a lot of folks who deserve credit for this. i was involved earlier this year in the effort to broker a settlement between sk innovation and lg over electric vehicle battery intellectual property. that dispute threatened sk's 2.6 billion dollar battery plant in commerce, georgia, which is the largest foreign direct investment in georgia's history. with you and i alone -- lithium-ion batteries and
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electric vehicle batteries, being very heavy, when you have a major manufacturing facility for the batteries in your state, you are a much more attractive site for investment for the automotive manufacturers. georgia is rapidly becoming a world leading hub in renewable energy, clean tech, and electric vehicles. we have, as i mentioned, that battery production facility with thousands of jobs in commerce, georgia. a little known fact is georgia hosts the largest solar module production facility in the western hemisphere in dalton, georgia. we have the tm motors plant out in west point -- kia motors plant out in west point. now there is a $5 billion investment by rivian. georgia will be producing electric vehicles sold across the country and around the world, and with the fourth largest deepwater port in the country, the busiest airport in
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the world, all of our logistics capacity, georgia is emerging as a powerhouse in the sector, not just nationally but globally. emily: as you said, this rivian deal alone will create thousands of new clean energy jobs. will you talk about more about what rivian asks for in return for coming to georgia and what incentive the state provided? senator ossoff: i will defer to state leaders to brief on the state-level incentives that have been offered to secure this investment. my involvement really on the front end helping to ensure that the sk innovation electric vehicle battery production facility was not closed, to make georgia broadly and attractive site for investment in related industries. when you have that kind of battery production capacity in your state, you will attract automotive assembly. that is what has happened here. i also know in the bipartisan infrastructure legislation that we passed earlier this year,
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there is significant investment in building out electric vehicle charging infrastructure nationwide as well as research and development. 68 of my colleagues in the u.s. senate, democrats and republicans, uniting and supporting that legislation, demonstrating to the country in the world that we are still capable in congress of putting the national interests ahead of partisan interests. we in georgia are all excited by and applauding the decision by rivian to invest in our state and we are grateful for the investment and the thousands of jobs it will create in the coming years. also, this is an investment in our environment. this means we will be able to scale our national production of electric vehicles more swiftly, deploy the more swiftly and grow the fleet more swiftly. that means we will be able to drive down greenhouse gas emissions and meet our generational obligation to accelerate the transition to clean energy. emily: what are the conditions that make georgia attractive? i'm curious if you think that means california, where of course, was the original home of
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tesla. of course, tesla is moving in part to texas. what makes california less attractive than a state like georgia? senator ossoff: thank you for the opportunity to sing georgia's praises for this audience. let me highlight again our extraordinary logistics capacity. the port of savannah, which right now is undergoing a significant expansion, the savannah harbor expansion project is, depending on how you count, the third or fourth business -- busiest container port in the country. it is the fastest growing largest single container terminal in the country. jackson international airport is the busiest in the world. we have all of that logistics capacity and we are building out logistics capacity swiftly. we have massive research and development capabilities. georgia tech is leading in polysilicon research and research associated with clean energy and battery technology that produces not just the tech itself, but also highly skilled
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workforce that can be involved in every step of the value chain for these companies like support with engineering, support with software that powered the tools and assembly lines. where -- what we are seeing emerging georgia is the synergies when you get deep investment in specialized sectors concentrated geographically. i mentioned the kia motors plant in west point. there's a whole ecosystem of vendors and suppliers supporting those activities on the i-85 corridor from eastern alabama into western georgia. when you have the battery production facility, we are seeing other suppliers and vendors emerge around commerce, the solar module production facility in dalton, georgia is rapidly growing as one of the preeminent places in the world first solar manufacturing. georgia has a lot to offer, a skilled workforce, great logistics, and a concentration of firms in these critical sectors. emily: on that note, what other
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countries are you in talks with? do you plan to convince legacy automakers or legacy companies to make a home in georgia? senator ossoff: i was on an official visit to south korea a few weeks ago, meeting with korean industrial leaders in promoting georgia as a site for fdi. i introduced the major solar energy legislation in the senate that will create manufacturing to attract a frilly integrated, vertically integrated supply chain. there are billions of dollars awaiting enactment of that legislation and billions of dollars already on their way to the united states took the solar sector. i'm making a push across the country and internationally to attract more firms to georgia and i would welcome interest from other automakers and they should reach out to me and my
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office. if you have interest, we will go out of our way to make the case for georgia and the connection with all the right players to let you know what incentives are available and how you can connect with workforce, innovation, research and develop, an logistics in georgia. emily: georgia is no stranger to losing business over hard right politics. how worried are you about potentially lost business over voting rights and restrictions? senator ossoff: i'm very worried about the impact of the voting and restrictions on the ability of every eligible voter to report -- vote. that's why it's vital in the senate we restore and strengthen the voting rights act. that's a core legislative priority for me. my colleague, senator rev. warnock, gave a powerful speech on the senate floor yesterday calling on congress to act. this did not used to be a partisan issue. this is the voting rights act. it needs to be fully restored and strengthened to meet the challenge.
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it is an ongoing fight and historic fight. i got my start in public service working for congressman john lewis. it was a half-century ago, but he had his skull fractured marching across the edmund pettus bridge in alabama, demanding the right to vote for black americans in the american south. we have a historic obligation to restore and strengthen this act and ensure every eligible american voter has ballot access. that's why i introduced right to vote act, which would and trying the first time the affirmative right to vote, and give any voter the ability to challenge state or local law that diminishes their access to the ballot without cause. emily: will the senate has anything before the recess senator ossoff:? those discussions are ongoing and vigorous. in fact, i will leave this interview and go and vote on the floor and jump right back into those meetings. emily: we will let you get to it, then. georgia senator jon ossoff, thank you so much, good to have
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you here on the show. coming up, merging at the happiest place on earth. my next guest is already in talks to make that a reality. that is next. this is bloomberg. ♪
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emily: the future of the metaverse may be a lot closer than we realize. amusement parks are already experimenting with it. my next guest is working with disney to make it a reality. an augmented reality company is in talks with disney imagineering to create an immersive experience at disney parks. joining me is the founder and ceo. thank you so much for joining
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us. we are looking at video of you waiting -- waving to buzz light year at the park. i'm curious about how the technology works. do we have to wear glasses to see that her look at our phones? >> this is all phone-based. one of the tenets of what we have built is making augmented reality in this metaverse is not only highly accurate and realistic, but accessible. we moved away from the model of having to download separate apps or augmented reality. this type of technology could be injected in any app, or on the e-commerce side. that's a huge part of what we have done technically from a capabilities perspective. what you are seeing is real-time integration on a regular device on digital and physical without pre-mapping or pre-scanning, which is something that has not been possible until today. emily: so you say you are moving
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away from storytelling to story experiencing, but it sounds like in order to experience that story, we have to look at our phones while we are standing inside a themepark? >> yes. i think in that particular example, there has to be some kind of view device. the mobile phone is the most accessible way of doing it. think about when you take a photo. some of these parks are the most instagram to and photographed places in the world, so people are leveraging their phones. when they do that, can you provide an experience that creates a deeper interaction and engagement with these spaces, where you now have the power, you as a participant in this metaverse or wider experience can actually change or interact and engage with in ways that might not otherwise be usable or possible. digital gives that. . there is an incredible amount of
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power and flex ability in the digital world. we see this manifesting gaming primarily, but to be able to take that and view that in physical expanses has a future amount of potential and is a window into adding glasses, or as the metaverse becomes more prominent, what that world and what those modalities might feel like. emily: how likely do you think it is that brands like disney will merge their experiences with those of other brands? will i be able to jump from magic kingdom to universal studios? if not,will the metaverse make sure i can experience everything on the internet? >> i think there are a few misconceptions about what the metaverse is, i think primarily driven by pop-culture. the first is that the metaverse is this fully virtual world that will replace our physical reality and fundamentally at illumix, we don't believe that's
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the case. we believe the real power and potential of the metaverse is in unifying the digital and physical world. that is really what our tech enables and the types of interactions week power. the other part of it is this concept that all the world's will become completely interoperable through a single monopoly. that's how people talk about the metaverse. fundamentally, we see the metaverse evolving more similarly to the way the mobile app ecosystem has developed, and there will be different metaverse is her different -- for different use cases. there might be a different way that we work versus socialize or play. there may actually be several versions of that depending on the audience. that is what the future is going to look like. several different players or versions of the world that we can jump in and out of. emily: what do you think the biggest barrier is right now between life today and the metaverse of the future? is that a hardware thing? is it product iteration?
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the fact that ar glasses don't really exist yet, or is it a software thing? >> obviously, hardware and glasses will play a critical role in making this ubiquitous, but it's more about the technology and interaction specifically. technology is not yet at a point where digital and physical interaction unlock real value. if you look at ar and where digital and physical has had the most impact, it is inside of social networks. like snap and instagram, where that becomes a daily use case and interaction for people. our vision is the way this will roll out is creating higher-quality technology that has real accuracy, unlocking that value, but inside of existing use cases. for us, whether that is when you physically go to recreational environments or a physical location, or even when you are already on a website for example and you are buying something in
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an e-commerce experience, being able to inject that meaningful physical interaction right near the point-of-purchase, i think that's what the future will look like for all these different modes will inherently have a digital and physical component. emily: we will look forward to someday heading to the magic kingdom to check it out. kirin sinha, founder and ceo of illumix, thank you for joining us. coming up, robo taxis take on paris. this is bloomberg. ♪
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emily: robotaxis are about to hit the streets of the french capital. intel's autonomous driving unit mobileye wants it to carry employees to care -- the most famous department store. while a small step, it is a sign
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of the momentum according to the vice president. he spoke with our ed ludlow. >> europe in this sense is kind of leading the way and we expect the next step to be the european union and eu 27 to have such regulation, and parallel there will be some competition worldwide like singapore and other markets. we hope that the u.s. will follow soon as well with federal regulations. we can definitely just recommend regulators and legislators around the world to actually make this step and have a federal legislation and regulation in place. reporter: in terms of commercialization and the industry, you see europe as being ahead of the united states and other regions? >> at least having this framework, which is important so that it's not like different
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regulation in 50 different states -- right now what we have in the u.s., we have several states with frameworks in place, but it is very different. in california versus say texas or new york state, and so on. that is why we are very much for federal level legislation and regulation, therefore i think this is important for technology providers, manufacturers, and consumers. at the end of the day, you want to be able to use the same apps traveling from a to b and have access to these services. i think accessibility is another important topic which will impact the design of the vehicles of the future to have accessible services and inclusive mobility for all. reporter: everyone i speak to
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around the world has the same question. when do commercial robotaxis actually become real? >> we see actually 2022 until 2025, this phase, the next three years, as the most important for these commercial robotaxi and robo shuttle services. of course, we need regulatory approval and there is this dependency to receive that. therefore, basically i expect this to be somewhere in 2022 or 2023 when commercial deployments will start and basically scale. from there, it is all about scaling. mobilize is about safety number one and scaling, number two. everything we do is about scaling and safety and i think that's the key to success. reporter: let's bring it full circle. how does the project in paris help you achieve those long-term goals? >> it definitely helps us to
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have a full and brighter experience using the app, and basically having the full aid to b ride-hailing experience with the autonomous vehicle. in paris, it is still with safety drivers and will certainly help us to get freed back -- feedback from the riders in the experience. one of the most complex driving environments, it is even crazier driving than new york city. when we were in new york, i thought that was the peak, but paris tops that. we have actually chosen these locations and cities. we go to the most dense and complex environments first and we see it is the right approach. for example, looking at tokyo as another example, in tokyo, you have left side driving. you have a lot of experience there for the u.k., singapore, australia and new zealand. you need to look at this on the
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global map and global scale. emily: mobileye with our own ed ludlow. that does it for this edition of. "bloomberg technology." we will see you back here tomorrow. i'm emily chang in san francisco. this is bloomberg. ♪
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haidi: i'm haidi stroud-watts in sydney. guy: -- yvonne: i'm sure sh -- shery: i'm shery ahn in new york. omicron is wreaking havoc. for

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