Hey survivors welcome to the video please like comment and share subscribe if you haven't subscribed yet click the button underneath the video and also the bell icon so you can receive all of the notifications if you would like to make a donation please click the dollar sign icon in the live chat or you can donate from my PayPal the link is in the video description if you are interested in a one-on-one coaching session with me please send me an email my email is in the video description Narciss and projection Narciss are empty and honestly very boring people once you get to know them they just have a lot of practice at perfecting the initial interaction they've learned through repetition how to disguise their true personalities which are based on unresolved traumas and negative emotions they never look at themselves and realize that though they were projected onto you I might even call you boring they use gifts sex and drama to create the illusion that they are these fun interesting people you will never have an interest in conversation with a narcissist unless you steer it and basically talk to yourself you will never receive any positive energy from a narcissist although they will drain you of your positive energy they require excessive attention validation approval and admiration from their victims unlike us they cannot validate or approve of themselves this is why most of them are cheaters or sluts they are constantly chasing that approval from their victims if you want to keep the narcissist happy you need to give them attention validation approval and admiration all of the time the problem is the longer you are with them the less potent you become as a source of supply they will need more and more from you and if they are not getting what they want they will start to abuse and manipulate you this is another way for them to get supply if you do not tolerate this they will leave and look for someone else who will be more likely to accept their abuse and unlimited cravings for attention validation approval and admiration a new source is going to be less sensitive to their games so they will tolerate it for some time just like you did earlier in the relationship but of course the cycle repeats itself however they are trying to make you feel that's how they feel inside your happiness is a reminder of how miserable they feel any positive emotion you feel will trigger them to reflect on their own negative emotions they will then abuse and manipulate you in an attempt to project then intense negative emotions of hate anger envy and jealousy onto you if you are not aware of emotional projection you will assume that those are your feelings but they are not those feelings did not come from within you the narcissist was feeling hatred or anger towards you so then they had to abuse you in an attempt to make you hate them they were feeling angry so they had to provoke you to feel anger they were feeling envious or jealous of you so they will buy something with the sole purpose of making you envious of them or they will triangulate you in an attempt to make you feel jealous they make you feel as though you are not good enough or something is wrong with you because that is exactly how they feel but they cannot stand to look at themselves so they project it onto you they will do or say all kinds of things to make you believe that they think you are not good enough or something is wrong with you if you look into the minds of these knocks you will find that they hate themselves and they are using you to express this hate anything negative you feel well being around an artist just understand that this is simply their way of communicating their own self-hatred when they try to project their negativity or distorted beliefs onto you do not feed those thoughts they already know that their negativity or distorted beliefs don't have any value that's why they are trying to project it onto you they don't want it either they have so much negativity so many distorted beliefs in their minds it's overwhelming for them so they try to dump it onto you and the narcissist mind you are either perfect or nothing priceless or worthless normal people see things in color to them everything is either black or white good or bad right or wrong everything is generalized and grouped even if it doesn't belong there they will adjust their perception in their minds so they can generalize or group whatever it is they are talking about it makes them feel more comfortable to put everything in a group it also fulfills their obsessive need for control pay attention to what the narcissist is saying to you or displaying to you at some point you may have done something which made them feel hateful or angry towards you or you did something that made them feel envious or jealous towards you they talk this personally narcissists do not self-reflect or lock within themselves they do not deal with their emotions and they can only hold them for a short time before they project them onto you because they do not self-reflect on these emotions they can hold on to them for years you may have done something that made the narcissist feel hatred anger envy or jealousy towards you many years ago this could have been something you were not even aware of at the time and because the narcissist does not self-reflect you could talk to them many years later and they cannot help but to constantly project these emotions onto you now they are saying or doing whatever they can in an attempt to make you feel hate anger envy or jealousy towards them you need to identify that these emotions do not belong to you at some point something you said or did made the narcissist feel this way towards you they never resolved this issue within them and since narcissists don't really self-love their only option is to project these emotions onto you so you may be you may be wondering why you cannot have a normal conversation with a narcissist why they always bring around and things up or lying to you in an attempt to make you feel those emotions towards them this is the reason why because they never dealt with the emotions that they once felt in the past when you said or did something that made them feel hate anger envy or jealousy and since they do not self reflect or look within themselves this is all they know how to do now and it never ends it created a program in their minds and the only way they can remove this program is by self-reflecting of course narcissists do feel deeply ashamed of their toxic behavior but they do not want to self reflect it's too painful for them although they are shame-based individuals they will do whatever they can to dodge the shame they will deny any responsibility or accountability for their actions they will shift the blame on to you and gaslight you into thinking that there is something wrong with you will discard you and disappear like you never existed these are all attempts to dodge the shame they feel you may have thought that they were doing all of this because you were not good enough or you did something wrong but that's just what they want you to believe they want you to believe it so that it can be more believable for them but the truth is all those times they use tactics such as denial projection blame-shifting and gaslighting all those times they told you that you are not good enough or something is wrong with you none of that had anything to do with you they would just project their emotions on to you deep down they feel as though they are not good enough they feel that something is wrong with them they are very insecure and have an inferiority complex as a coping or defense mechanism they will say or do whatever they can to get to get you to feel the way that they do so if they say something negative to you don't take a personal it has nothing to do with you and everything to do with them they project that onto you because they find it too painful to self-reflect if the narcissist is trying to make you feel hatred anger envy or jealousy towards them it's because you said or did something at some point which made them feel that way this could have been the other the other day or even if several months or years have passed it doesn't matter because they will hold on to the way they felt during that moment they do not self-reflect or try to resolve the issue they do not self-loathe so that only other option is to project those emotions onto you do not trust what they are telling you do not trust what they are displaying to you everything they say or do has an agenda it is designed to make you feel the way that they feel or the way that they once felt the narcissist lives in this illusion where they believe that they are in control of us but they don't realize that they are still unconsciously reacting to unresolved feelings from many years ago and it doesn't matter how many years or decades go by they will continue to react to those emotions they once experienced as a result of something you said or did they will try to get you to feel the way that they feel not just once but again and again because they do not self-reflect so it never relieves the pain that they feel within the narcissist never moves on they can only create the illusion as though they have moved on but deep down they are holding on to grudges and resentment unresolved traumas and painful feelings which means that no matter how many years or decades go by you will still have some level of control over their thoughts feelings actions and behaviors whether you like it or not once you can identify the moment where they had learned these actions behaviors coping and defense mechanisms it will all make a lot of sense some narcissist try to hide their true feelings towards you if they are if they are aware of narcissism and their psychology behind it they may understand that by overtly displaying their tactics especially projection to you you will then pick up on it and realize the time and place where you had said or done something and they learned that behavior from you the projection is really just a tactic which they use in an attempt to dodge the intense shame they feel every day in almost everything they do and everything they say making you feel as though you are not good enough or as though there is something wrong with you discarding you as though you ain't shit this is all an attempt to dodge the intense shame which will continue to grow within them as they never learned how to deal with it the very thought feeling or person that they are so desperately trying to run away from is potentially what would help them to reflect on their feelings and then resolve them narcissists are constantly on the run from the intense misery and shame if they so endlessly feel all day every day and this is why projection is one of their most used tactics narcissists are self-absorbed and lack empathy they only care about how they feel they don't care about how you feel and that is why they will project on to you they don't feel much guilt or remorse for what they do but the way of shame follows them throughout their lives which is why they are constantly hateful envious and resentful towards you they look at you and wonder how you can reflect on your own emotions rather than projecting them on to them this makes them feel even more inferior and gives them another reason to tear you down for showing them everything that they are not showing them everything that they should be doing but don't because they are too weak and lack motivation everything that they do feel shameful of they will then project on to you when they were children they were told that they are not good enough or something is wrong with them this has developed into their inner dialogue or inner critic now there is nothing you can say or do for them without them constantly being criticized by this inner dialogue which was developed in their childhood they are preoccupied with their inner dialogue to listen to anything you say it overrides any empathy they would otherwise feel for you this was programmed into their minds from their childhood and it is designed to block or deny the very things that they would need to remove the programming you might be trying to have an open honest conversation with a narcissist but this is not going to happen because the inner dialogue or inner critic is blocking this from taking place all they can hear in their minds is that they are worthless and insignificant so that they are going to respond to you as though that's what you think or that's what you are saying to them that's why they are so competitive and it always seems like they are trying to prove something to you as an emotionally healthy person you should be able to identify with how the other person feels you should be considerate of their feelings and be able to demonstrate empathy and some form of understanding narcissists are locked in this programming which makes it almost impossible for them to feel empathy or consideration for you I guess the only thing preventing them from doing this is the feeling of shame or fear of being judged but shame is such a painful emotion it is the lowest frequency on the emotional vibrational frequency chart many people have chose to kill rather than to face their shame so the odds are 1000 to 1 thank you for watching I hope this video resonated with you please like comment share and click the subscribe button if you haven't subscribed yet talk to you soon


So today, I want to tell you about Kaley Path and quantum supremacy, a term that we've been hearing a lot in the news recently. So right now we have quantum computers that do not have error correction, but the question is, are these near-term quantum computers capable of performing certain computational tasks that are practically impossible for any classical computer, be it a supercomputer or what have. And if there is that exponential separation, there is really from a theoretical perspective a lot of interest because it's the first instance where we show that the so-called extended chair steering thesis is false. Moreover, recently there have been experimental tasks for like 53 cubists that Google did and there's been a lot of activity around showing this. So now a mathematical proof was missing, so today I want to take a really decisive step in that direction. So the problem statement is the following. What is this quantum supremacy conjecture? So you have the quantum circuit, so time goes on the right and the horizontal axis. That's how quantum computation works. There's an architecture of a circuit. So that is you have a set of cubists vertically shown and the placeholders are one qubit or two qubit gates, almost always a quantum computation. That's how we do it. Now, it's a placeholder, so it's a blueprint for what the circuit would be. Therefore, it defines an architecture. It's not really a circuit, it's the architecture of the circuit. Once the gates are specified, the so-called local gates, or the local unitaries, this instantiates a circuit that can be made in the lab. So C1 to Cm are the local gates and, you know, you write the circuit as you can see it here. And we say the circuit is hard distributed with respect to the architecture shown as h7. If every one of the local gates is drawn from harm measure, drawn randomly and uniformly from the space of all unitaries, that's called the harm measure.  And the task that's believed to be hard is that classically sampling from the output distribution of such a random circuit is very hard for classical computers. The terminology is this sharp p-hard. Sharp p-hard is a complexity class that's supposed to be formidable for classical. So let's take the problem statement of one more level. It's sufficient to show that estimating the probability p0 of C is a probability amplitude for starting from all zero states, which is the case, running that random circuit from HA, and estimating the amplitude on all zero state measurements. So if one can show this point is hard, estimating this probability is hard, we're halfway there. What we needed is something a little bit more. So not only that this point is hard, but the whole epsilon neighborhood around it is hard. And that epsilon that I'm showing here has a very particular value that I'm tactfully masking right now, because I don't want to introduce too many terminologies. But there's a very specific number for epsilon for which one has to show the whole interval centered around p0 of C is sharp p-hard. Today we do exactly that. This proof was missing. There were some attempts. We'll do exactly that. This problem has been open for over a decade, but we will show that not only this point is hard, we prove an epsilon neighborhood around it hard. But the epsilon we can obtain falls slightly short of what is required to prove the quantum supremacy conjecture, which is still an outstanding problem and has been for some time. A very interesting problem from a theoretical perspective. But this pushes the frontier as close as we have it so far. Now, how do we do it? Well, the idea of the proof is that there exists some circuit C, some deterministic circuit whose local gates are fully specified with some architecture, for which it's been proved in the past that indeed that p0 of C is difficult. But again, I emphasize this particular circuit or these setup circuits are by no means random. The idea of the proof is that we come and deform the known circuit C sub k. Every one of its local gates, I'm denoting one of the local gates by C sub k, you multiply it by a random unitary, which is h sub k. And that product, C of k, h sub k, by definition of power measure, is itself a random circuit. And we multiply that by this k-leaf function. Now I want to introduce the k-leaf function.  And at theta equals zero, it's the identity matrix that can be verified. And at theta equals one, by construction, it implements a capital h sub k dagger. It enacts the inverse of h sub k.  Well, I remind you that capital n is at most four, namely it's two or four.  So we respect the architecture of the circuit. And the k-leaf path is applied to every one of the paths, every one of the gates. And once I take the absolute value squared, well, the degree just doubles. So it becomes two mn two mn. And the idea of the proof that makes this work, and it's a beautiful idea in my opinion, is that since it's a rational function of low degree, I proved using some mathematical ingredients that since it has low degree, first of all, we know that we can run the quantum circuit many times. And therefore, we can learn the rational function near theta equals zero, which is the random circuit. Very efficiently. We're just running the circuit. But if we can learn the circuit, that means if we can learn this p zero of theta, suppose we could, suppose we had a machine, some classical algorithm, some clever thing that we'll have in the future currently, that can learn p zero of theta near theta equals zero. Well, then if we learn that efficiently, we can just plug in theta equals one, and therefore evaluate a sharp p heart problem, classically. But that would be a contradiction, unless sharp p is easy. But we don't believe sharp p is easy. Therefore, average case quantum computers are supposed to be very hard. Okay, that proves the sharp p hardness. It's a reduction from the worst case to average case of a sharp p hardness. So specifically, we show that there exists architecture A, such that competing p zero of C, that particular point is sharp p heart with some high probability, three quarters plus something advantages, this three quarters can easily be improved to like larger fractions. The point is that it's greater than half. Moreover, like I told you, we proved some robustness that is not only that point is hard p zero of C, there's an epsilon neighborhood around it. That is also hard. So there's some epsilon neighborhood defined here. m is the number of gates again, delta is how close capital that is how close near zero, you're going to evaluate things, which for the Google type circuits becomes roughly like two to the minus n cubed. I like to emphasize this may seem like a very small number, but actually the epsilon you need needs to be two to the minus n with some polynomial factors, but two to that. So we need a little bit of distance. These probability amplitudes are indeed very small. They're two to the minus n on average. So you want to be able to just estimate them with a small neighborhood around, but the exponent we have is larger than n to the first power. It's n to the higher power, slightly higher power, but it's all quantified and quantifiable, which is great. So some technical ingredients and summary is that we have a Cayley function-based path that fully stays in the unitary group. No Taylor series expansion, truncation as approximation. So fully a unitary path that can interpolate between random and deterministic circuits. We use it to prove the average case exact sharpie hardness of the random circuit sampling. To do so, I have to generalize the so-called Berlick and Welch algorithm for determining rational functions based on sampling. So there was a quantifiable robustness, and the proofs are very simple and comparable to experiment, which hopefully will help settle this conjecture. There's some open questions, for example, can we actually prove the quantum supremacy conjecture? Is the quantum supremacy conjecture even true for constant depth circuits? I have some doubts based on some of my previous work and the work I'm citing here, and also I believe this Cayley path may be useful for other tasks, such as quantum computing by interpolation or maybe cryptography, and can we prove that, for example, Cayley path is optimal in certain sense, or other proofs that do not use the Cayley path? With that, let me thank you. Thanks.


Okay, welcome back to VMworld 2013. This is theCUBE flagship program. We go out to the events. Extract a signal from the noise. I'm John Furrier, the founder of SiliconANG. I'm joined by Dave Vellante, my co-host from wikibon.org, and we're kicking off the day with an awesome interview. CEO of VMware, Pat Gelsinger, Cube alumni. Been on theCUBE, Dave and I, multiple times. So many times, you're like on the leaderboard. So in terms of overall guest frequency, you've been up there, but also you're also the top dog at VMware. And great to see you again. How you feeling? Thank you. Good morning, guys. Pleasure. Good to see you. So what's new? I mean, obviously you're running the show here and you're running around. Last night, you were at the NetApp event. You run through CIO, R&D. You got to go out and touch all the bases out here. What does that look like? What have you done? And obviously did the Tequino is awesome. What else is going on? You know, VMworld is just, I mean, it's just overwhelming, right? You know, 23,000 people almost. I mean, the amount of activities around that. And it really has become the infrastructure event for the industry. And you know, if you're anything related to infrastructure, right, you know, what's going on, right on the enterprise side of IT, you got to be here, right? And there's parties everywhere. Every vendor has their events. Every, you know, different particular technology area, a bunch of the things that we're doing. And of course, to me, it's just delightful that I can go touch as many of people and you know, they get excited to see the CEO. I have no idea why, but hey, I got to show up. You've been in the industry for a long time. Obviously you've seen all the movies before and we've talked about the season of change in the EMC world when you were there. But we had two guests on yesterday that were notable. Steve Herrick, who's now a venture capitalist, general catalyst, and Jerry Chen, who's a VC at Greylock. And you have a 10 year run here at VMworld, which is the theme to buy convention. But the first five years were a lot different than the last five years. And certainly the last year, you were at the helm. So, you know, what's changed in the past 24 months. A lot of stuff has certainly evolved, right? So the Nesira acquisition certainly changed the, changed everything, right? You saw software defined, data center now come into focus this year. But really it's about less than 24 months, a massive kind of change. What, how do you view all that? How do you talk to your employees and the customers about that change? Well, you know, as we think about the software defined data center vision, right? It is a broad, comprehensive, powerful vision for re-architecting how the data center is operated, how customers take advantage of it, you know, and the result in agility and efficiency that comes from that. And obviously the Nesira acquisition was sort of the shot heard around the world as the really, okay, these guys are really serious about making that happen. And it changes every aspect of the data center in that regard. You know, and this year's VMworld is really, I'll say, putting the beef on the bones, right? We talked about the vision. We talked about each of the four legs of it, compute, networking, storage, and management and automation. So this year it's really putting the beef on the bones and the NSX announcement, putting substance behind it. The vSAN announcement, putting substance behind it. The continuing progress in management and automation. And I think everything that we've seen here in the customer conversations, the ecosystem of partner conversations are, SDDC is real now, get started. And you've, I think, have some fundamental assumptions in that scenario, particularly around x86 in the service space. I mean, essentially if I understand it, you've said that x86 will dominate that space. So you're expecting status quo in the sense that it will continue to go in the cadence of cores and Moore's law curve, even though we know that's changing. But that essentially will stay as is. And it's the other parts of the networking and the storage piece that you're really where you're defying convention. Is that right? Certainly we expect that continuum momentum by the x86, by Intel in that space. But as you go think about software defined everything in the data center, it really has taken the power of that same core engine and applying it to these other areas. Because when we say software defined networking, right? You need a very high packet flow capability and that's running in software on x86. When you need to talk about data services running in software, right? You need high performance, snapshots, file systems, et cetera, running in software and no longer bound to your physical array. So it really is taking that same power, that same formula, right? And applying it to the rest of the elements of the data center. And yeah, we're betting big, right? That that engine will continue and that will be successful in being able to deliver that value in this software layer running on that core powerful silicon engine. So Pat, so honestly, when you came on board the first thing you did was you said, hey, the pricing, we're going to change some things. Hypervisor's always been kind of this debate, everyone debates about what to do with hypervisor. But still virtualization is still the enabling technology. So you kind of had this point where the ball's moving down the field and all of a sudden in 2012, it changed significantly. And that was a lot of part of the Eurovision with infrastructure. As infrastructure gets commoditized, what is going to change in the IT infrastructure and infrastructure providers and the value chains that's going to be disruptive? Obviously, economics are changing. What specifically is virtualization going to do next with software defined? That's going to be the enabling technology. Yeah, and you know, we're not out to commoditize. We're out to enable innovation. We're out to enable agility, right? And in the course of that, it changes what you expect and what the underlying hardware does. But you know, it's enabling that ecosystem of innovation is what we're about and customers to get value from that. And as you go look at these new areas, hey, you know, we're changing how you do networking. Right, all of a sudden, we're going to create a virtual network overlay that has all of these services associated with it that are provisioned just like VMs in seconds. We're creating a new layer of how storage is going to be enabled. You know, this policy-driven capability, taking those capabilities that before were tightly bound to hardware, delivering them through the software layer, enabling this new, magnificent level of automation. And yesterday's demo with Carl. I mean, Carl does a great CTO impersonation, doesn't he? And, you know- He's getting some celebrity action. He's like, he has Carl Aschenbach. Oh yeah. Steve Herrick gave him a thumbs up too. Yeah, yeah, Steve gave him a good job.  This is something I can start realizing value for now. Well, it's coming into focus and it's not 100% clear for a lot of the customers because they're still getting into the cloud. And the hybrid cloud has become, I call it, the halfway house to kind of a fully evolved IT environment. But, you know, how do you- No, it is the end game. Hybrid cloud is not a halfway house. What are you talking about? What are you talking about? I mean, too long utility computing. That's what, that is ultimately what we're saying. Halfway house? I mean, I mean, that way. You know- Help me, Brad. Okay, next question. What is- We're in a whole stop thing, Brad. How do you define the total address market of 50 billion that Carl talked about? Yeah, and you know, as we looked at that, we said across the three things, right, that we said, software defined data center, right, it was $28 billion, hybrid cloud, 14 billion, 8 billion for the end user computing, that's this 50 billion opportunity. But even there, I think that dramatically understates the market opportunity. IT overall is $1.7 trillion, right? Communications, the services, outsourcing, et cetera. And actually, the piece that we're talking about is really the underpinnings for a much larger set of impact than the part of what applications are going to be developed. How services are delivered, how consumers and businesses are able to take advantage of IT. So yes, that's the 50 billion dollars. We'll give you the math, we'll show you all the details of Gartner's and IDC's to support it. But to us, the vision and the impact that we're out for is far more dramatic than that would even imply. That's good news, because we said to Carl, it's good that your market cap is bigger than, oh yeah, your TAM is bigger than your market cap, right? And he said, okay, well now we're going to get- Yeah, we're about to fix the market cap piece, yeah. Yeah, he said, now we're going to get to 50 billion, so I'm glad to hear there's upside to the TAM. But I wanted to ask you about the ecosystem conversation. You talk about getting into things like, you know, software defined networking and software defined storage. What's the discourse like in the ecosystem? From guys like, let's take the storage side, EMC, NetApp last night, they say, hey, you know, software defined storage, I really like that, but we want to be in that business. So talk about that discussion. Yeah, and clearly every piece of software defined, whether it's software defined storage, software defined data services, software defined security services or networking, every piece of that has ecosystem implications along the way. But if you would go talk to a NetApp or EMC, they'd say, you know, you're an appliance vendor and they would quickly respond and say, no, our values in software, and we happen to deliver it as an appliance. And we'd say, great, let's start delivering the software value as a software appliance, right, through virtualization and through the software delivery, you know, mechanisms that we're talking about for this new platform. Now each one of them then has to adjust their product strategies, their, you know, business strategies to enable those software components, right, independent of their hardware elements for full execution and embodiment into this software defined data center future. But for the most part, right, every one of them is saying, yes, now how do we figure out how to get there and how do we decompose our value and body it in new ways and how can we enable that in this new software defined data center vision? And they've always done that with software companies. I mean, certainly Microsoft and Oracle have always grabbed a piece of the storage stack and put it into their own, but it's been very narrow within their own spaces and VMware is running any application anywhere. So it's more of a general purpose platform. So is it a trickier fit for the ecosystem to figure out where that white space is? Absolutely, every one of them has to figure out their strategy. If you're at five, right, you know, I was with John McCat and this morning, okay, how do I take my value? And he would very quickly say, hey, you know, our values in software, we deliver it as mostly as appliances, but how do we shift?  Each one of them are having to rethink their strategies in the context of software defined, but customers are saying, wow, this is powerful. The agility and the benefits that I get from it, they're driving them to go there. So what's the key to giving them confidence? Is it transparency, just sharing roadmaps, join integration? Yes, yes, yes. Anything else, am I missing anything there?  You know, how do we work with them as we go to customers? You know, they're expecting from us that, okay, you know, if this is one of our accounts, come in and work with us in those accounts as well. So we do have to be transparent. We have to have the APIs that enable them to do integration. We have to work with them in terms of enabling their innovation in the context of this platform that we're building. But as we work along the way, we're getting good responses to that. Pat, how do you look at the application market? Obviously end-user computing, you guys are beefing that up. You got Sanjay Poonan coming in, and obviously mobile, and we've talked about this before in the queue, but core IT has always been enabling kind of the infrastructure, and then you get what you get from what you have in IT. Now the shift is applications coming from outside IT, business units and outside from partners, whether they're resellers. How do you view that tsunami of apps coming in that need infrastructure on demand or horizontally scalable at will? Yeah, so first point to be is yes. Right, you know, we do see that, you know, as infrastructure becomes more agile and more self-provision, right, more aligned to the requirements of applications, we do see that it becomes a tsunami of new applications. We're also working very hard to enable IT to be the friend of the line of business. No longer seen as a barrier, but really seen as a friend, partner, enabler of what they're trying to do, because many of the line of businesses have been finding ways, how do I get around this slow-moving IT? Well, we want to make IT fast-moving and enabling to meet their security governance, you know, SLA requirements, while they're also enabling these powerful new applications to emerge, and that to us is what infrastructure is all about for the future, is enabling businesses to move at the speed of business and not have infrastructure being a limiter. And as we're doing things, you know, like the big data announcements that we did, enabling infrastructure that's more agility. You'll see us do more things in the app dev area over time, enabling the management tools to integrate more effectively to those environments, self-service portals that are enabling that, and obviously with guys like Sanjay and our mobile initiative, yeah, that's a big step up. Don't you like Sanjay? He's a great addition to the team. Yeah, Sanjay's awesome. He's been great, and he's had done a lot on the mobile side, obviously that is something that he can use as one. Yeah, that's an interesting way to get into that business for us. On the flash side, so under the hood, right? So you look under the hood, you got big data on the dashboard, your driver's driving this car to the new future of IT. Under the hood, you got flash. That's changing storage a bit, and certainly reconfiguring what it does is in NAS and SAN. Obviously you talked about BSAN in your keynote. What is happening in your vision with compute? I mean, obviously if you have more and more apps hitting IT, coming in outside core IT, but have to be managed by core IT, does that change the computing paradigm? Does it make it more distributed? More software, I mean, how do you look at that? Because that's changing the configuration of, say, the compute architecture. Sure, and a couple of things, if you think about the show here that we've done, two of them in particular in this space, one is BSAN, right? And BSAN is creating converged infrastructure that includes storage. Why do you do that? Well, now you have storage, I mean, that apps are about data, right? Apps need data to go operate on. So now we've created an integrated storage tier that essentially presents a integrated application environment in converged infrastructure. That changes the game. We talked about the Hadoop extensions. It changes how you think about these big data applications. Also the Cloud Foundry announcement, right? On, off-premise, a PaaS layer to uniquely enable applications. And as they've done that on the PaaS layer, boy, you don't have to think about the infrastructure requirements to deploy that on or off-premise or increasingly, as I forecast for the future, hybrid applications. Born in the hybrid, not born in the cloud, but born in the hybrid cloud applications that truly put the stuff that belongs on-premise, on-premise, puts the stuff that belongs in the cloud, in the cloud, right? And enables them to fundamentally work together in a secure, operational manner. So the apps are dictating to the infrastructure basically on-demand resources and then essentially compile them. The infrastructure says, here's the services that I have already, right, in catalogs that you can immediately take advantage of. And if this, you fit inside of these catalogs, you're done. Itself provisions from that point on and we've automated the operation and everything to go against that. So that concept of born in the hybrid is a good one.  You're going from a position to a position. Yeah, yeah.   One person's opinion. Yeah. I don't know, it was probably an Andreessen comment or something. I don't know. I don't know. Okay, so he's done well for himself, Mark Andreessen. Yeah, that's right. So you go, okay, Google and Amazon obviously going to have a hard of time that, you know, born in the hybrid. What about Microsoft? They've got a good shot at born in the hybrid. Don't they? Yeah, and I think, you know, I've said the four companies that I think have a real shot to be, you know, very large, significant players for public cloud infrastructure services.  You know, Microsoft, they have a large position, Azure, right, what they've done with Hyper-V and ourselves. And I think that those, you know, the two that sort of, you know, have the natural assets that participate in the hybrid space are us and Microsoft at that level. And obviously, you know, we think we have lots of advantages versus Microsoft. We think we're miles ahead of them in SDDC, right? We think the seamlessness and the compatibility that we're building with one software stack, not two. You know, it's not Azure and Hyper-V. It is SDDC in the cloud and on-premise that that gives us significant advantages. And then we're going to build these value-added services on top of it. You know, like we announced with desktop as a service, cloud foundry as a service, DR as a service. We're going to quickly build that stack of capabilities. That just gives substantial value to enterprise customers. So I got to actually talk about hybrid since you brought it up again. So software defined data center software. So what's happened to the data center, the actual physical data center? You mentioned about the museum. I mean, what is it going to look like?  You can have out utility computing with cloud resources on demand. People are going to still run data centers. You're talking about the facility. Yeah, the actual facility. I'm still going to have servers. They're going to still be on-premise. Do you see that? How do you see that phasing out to hybrid and what does that look like physically for someone to manage the still power of facility management, all that stuff? Yeah, and in many ways, I think here the cloud guys, Googles and Amazons and Yahoo's and Facebook's have actually led the way in doing some pretty creative work. These things become highly standardized, highly modularized, highly scalable. Very few number of admins per server ratio as we go forward. These become very automated factories of cloud execution. Some of those will be on-premise. Some of those will be off-premise, but for the most part, they'll look the same in how they operate. And our vision for software to find data center is that software layer is taking away the complexity of what operates underneath it. They'll be standardized, they'll be modularized, you plug in power, you plug in cooling, you plug in network, and these things will operate. Basically efficient down to the bone, fully automated with software. And people will decide what they put in their private cloud based on business requirements, SLAs, privacy requirements, data governance requirements, I mean in Europe, it got to be on-premise in these locations. And then they'll say put stuff in the public cloud that allows me to burst effectively, maybe I DR because I don't do that real well, or these applications, it belongs in the cloud because of its distributed nature, but keep the data on-premise and really treat it as a menu of options to optimize the business requirements between CAPEX, OPEX, regulatory requirements, scale requirements, expertise, mission critical, and all of those things that are delivered by a sustainable position, not some stupid hybrid, halfway house, a sustainable position that optimizes against the business requirements that they have. Let me take one of those points, SLA, right? Everybody likes to attack Amazon, it's SLAs, but in many regards, yeah. I'm glad I got your attention. Yeah, that's good, we're going to come back to that. I have those six walk-ups going in my head right now. I don't think we're done with that talk track. So it's easy to attack Amazon and SLAs, but in essence, the SLA is the degree of risk that you're willing to take and put on paper at scale. So how transparent will you be with your SLAs with the hybrid cloud? And will they exceed what Amazon and Google have been willing to, and HP for that matter, have been willing to promise at scale? Oh yeah, absolutely. I mean, we're going to be transparent. The SLAs will have real teeth associated with them, real business consequences for lack of execution against them. They will be highly transparent. We're going to have true, I mean, we're going to measure these things and provide uptime commitments, et cetera, against them. That's what an enterprise service is expected. At the end of the day, that's what enterprises demand. And when you pick up the phone and need support, you get it. And the VMware support is legendary. I mean, I'm just delighted by the support services that we offer. And the customer response to those is, you know, hey, you fixed my problem. Even when it wasn't your problem, right? And make it work. And that's what enterprise customers want because that's what they have to turn around and commit back to their businesses against all of the other things as well. You know, real regulatory requirements, audit requirements, all of those types of things. That's what being an enterprise provider is all about. John wants to get back to talk about hybrid cloud. I want to talk about OpenStack. Because you guys are big behind OpenStack. And he talks about it as a market expansion. Internally, what are some of the development conversations and sales concepts with customers around OpenStack in terms of status, what it's doing, how you guys are looking at that and getting involved? Yeah, and we've clearly said that you have to think about OpenStack in the proper way. OpenStack is a framework for building clouds. And for people who are wanting to build their own cloud, as opposed to get the pre-packaged cloud, this is our strategy to enable those APIs to give our components to those customers to help them go build it. And those customers largely are service providers, internet providers who have unique scale integration and other requirements. And we're finding it as a good market expansion opportunity for us, put our components in those areas, contribute to the open source projects where we truly have IP and can differentiate for it, like at the hypervisor layer, like at the networking layer. And it's actually going pretty well. You know, in our Q2 earnings call, you might recall, you know, I talked about that our business with the public OpenStack customers was growing faster than the rest of our business. That's pretty significant, right? If you say, wow, you know, if it's growing faster, that says, oh, the strategy's working, right? And we are seeing a good response there. And, you know, clearly we want to communicate. We're going to continue that strategy going forward. And the install base of virtualization is obviously impressive. And the question I want to ask you is, how do you see the evolution of the IT worker? I mean, you have the old model DBA system admins and you know, now you have data science on the big data side. So with, so I'm going to find data center, the virtualization team seems to be the center point for that. What roles do you see changing with hybrid cloud and self-defined data center and user computing? Well, I think sort of the theme of our conference was defy convention, right? And why did we do that? Because we really see that the, you know, the virtual admin, the virtual infrastructure that they really have become the center of IT. Now we need the competence of networking, the security guys, of the database guys, but that now has to happen in the context, right, of a virtualized environment. DBA doesn't get to control his unique infrastructure. The Hadoop guy doesn't get his own unique infrastructure. They're all just workloads that run on this virtualized infrastructure that is increasingly adept and adaptable right to these different workload areas. And that's what we see going forward as we reach into these new areas. And the virtual admin, he has to go make best buddies with the networking guy and say, let me talk to you about virtual networking and how we're going to cross between the virtual overlay domain and the physical domain and how these things are going to stitch together for making your job better, right, and delivering a better solution for our line of business and for our customers. One thing you did to defy convention was to get on stage with Mark Andreessen. Talk about that a little bit.  And just the future. Yeah, just a little. But I thought you were kind to him. And he said, you know, no startup that I work with, you know, like any servers. And I thought you were going to have, no, nevermind, I won't even go there. I won't even go there, too many friends. No, so talk about that a little bit, that discussion that you had, your view of the world and Mark's, how do you respond to that statement? Do they grow up into VMware customers? Is that sort of the obvious answer? Yeah, I mean, I have a lot of regard, you know, Mark and I have known each other for probably close to two decades now. And, you know, we've partnered and sparred together for a long time.  And I appreciate his opinions. You know, but he takes a very narrow view, right, of a venture seed fund, right? Who is optimizing cash flow, right? And why would they spend capital on cash flow when they can go get it as a service? That's exactly the right thing for a very early stage startup company to do in most cases. Right? And Mark driving his companies to do that makes a lot of sense. But at the end of the day, right? If you want to reach into enterprise customers, you got to deliver enterprise services, right?  You got to be cost effective at these things. And then all the other aspects of governance, SLAs, et cetera, that we already talked about, you know. So, you know, in that view, I think Mark's view is very prospective. Well, also Zingen, those guys, when they grew up on Amazon, they went right to bare metal as soon as they started to scale. They had to bring it back in, right? Because they needed the SLAs. They needed the cost structures. They wanted to have the control of some of those applications. And rental is more expensive than that only. Yeah, right, you know. Somebody's going to pay the margins, right? You know, on top of that to the providers. So, you know, I appreciate the perspective, but to me it is very narrow and parochial to that point of view. And I think the industry is much broader, right? And things like policy and regulations are going to take decades, right? Not years, you know, multiple decades for these things to change and roll out to enable, I'll say, a mostly public cloud world, ever. Right? And that's why I say, I think the hybrid is not a way station, right? It is the right balance point that gives customers flexibility to meet their business demands across a range of things. And Mark and I, obviously, we're quite in disagreement over that particular point. And John, once again, Nick carved, you know, missed the mark. I think Mark and Jason wants to put everyone in that book. Everyone could be the next Facebook where you build your own. I think that's not a reality in the enterprise. They kind of want to be like Facebook, like with applications. But I want to ask about automation. So we talked to a lot of customers here in theCUBE and we all asked them the question, automation orchestration at the top of the stack, they all want it, but they all say they all have different processes and you really can't have a general purpose software approach. So Dave and I were commenting last night when we got back after the NetApp event was, you know, you and Paul Marins were talking in 2010 around this hard and top when you introduced that stack. And with infrastructure as a service, is there a hard and top where functionality is more important than which hardware you buy and there's more important than which hardware you buy so you can enable some of those service catalogs, some of those agility features in automation because every customer will have a different process to be automated. And how do you do that without human intervention? So where is that hard and top now? I mean, is it platform as a service or is it still at the infrastructure as a service model? Yeah, I think clearly the line between infrastructure as a service and platform as a service will blur, right?  Also as we make infrastructure more application aware, right, and have more application developer services associated with it, you know, that line will blur even more. So I think it's going to be hard to quote, call, you know, here's that simple line associated with it.  You know, that takes a long time as well. I'd also say that, you know, it's the age of APIs, not UIs, right? And for us, it's very much to expose our value through programmatic interfaces. So customers truly can, right, have the flexibility to integrate those and give them more choice, even as we're trying to build a more deeply integrated and automated stack that meets a general, right, set of needs for customers. So that makes a question at the top of the stack where end user computing is going to sit and you're going to advance that piece. What's the to-do item for you? What needs to happen there? Is it on a scale of 1 to 10, 10 being fully baked out? Where is it? Where are the whitespace that need to be tweaked either by partners or by VMware? Yeah, and I think, you know, we're pretty quickly, I'll say finishing the stack with regard to the, you know, traditional PC environments. And I think the amount of work to do for the mobile environment, right, is still quite enormous as we go forward. And in that, you know, we're excited about Horizon, getting some good uptake, a number of partner announcements this week. But there's a lot to be done in that space because, you know, people want to be able to secure apps, provision apps, deprovision apps, have secure work spaces, social experiences, a rich range of integration to the authentication devices associated with it, be able to have, you know, applications that are developed in that environment that access this hybrid infrastructure effectively over time, be able to self-compose those applications, put them into enterprise, right, stores and operations, be able to access this big data infrastructure. There's a whole lot of work to be done in that space. And I think that'll keep us busy for quite a number of years. This is great, we're here at Pat Gelsinger inside theCUBE. We could keep rolling until we get to get the hook. But a couple more final questions is, the analogy of cloud has always been like the grid, electricity. You kind of hinted to this earlier. I mean, is that a fair comparison? Electricity is kind of clean, it's stable, we have an actual national grid, doesn't have bad data and hackers coming through it. So, is that still a fair view of cloud to kind of talk about plugging electricity in the wall for IT? I think that is so trite, right? And it came up in the panel we had with Andres and Beckelsheim and Graham and myself. Because, you know, it's so standardized, 120 volts AC, right?  You know, socket standards, right? You're done. You know, think how fast this cloud world is evolving. Right, the line between IaaS and PaaS that we just touched upon, the services that are being offered on top of it. Yeah, all of these different things. You know, to me that is such a trite, simple analogy that it has become so abused and abused in the process that I think it leads people to such wrong conclusions, right? About what we're doing and the innovation that's going on here and the potential that we're going to offer. So I hope that every one of our competitors takes that and says that's the right model because I think it leads them to exactly the wrong conclusion. I couldn't agree more. The big switch is the big myth. I wanted to get tactical for a minute. I listened to your conference calls. I can't wait to read the transcript. I just got to listen to the calls. But just observing those and the conversations around here, I was going to ask you, I always ask CEOs what keeps you up and I always say execution. So let's focus on execution for the 12 to 18 months. I came up with the following. Maintain dominance in vSphere. Get revenue beyond vSphere. Broaden end-user license agreements. Increase end-user computing adoption and proof points around hybrid cloud. Are those the big ones? Did I miss anything? That's a good list. Yeah, that's a good list. That's the thing. Those are things that observers should watch over the next, say, 12 to 18 months as indicators of success and of what you're doing and what you're driving. Yeah, and clearly inside of that, with SDDC, obviously we think this environment for networking, right? We've really, I'll say, delivered that. That would be one in particular inside of that category that we would call out with regard to our hybrid cloud strategy. It's clearly globalizing that platform. We announced SAVS here, but we need to make this available on a global basis. You go to an enterprise customer and they're going to say, I need services in Japan. I need services in Singapore. I need to be able to operate on a global basis. So clearly having that platform building out the services on top of it is another key aspect of building those hybrid use cases and more of the value on top of it. And then in the EUC space, we touched a bit on the mobile thing already. So we'll have Martino on later, but his PowerPoint demonstration. What a rockstar. What a rockstar. We've had him on before. He's fantastic, but his PowerPoint demonstration was very simple, made it seem so simple. It's not going to be that easy to virtualize the network. Can you talk about the headwinds there and the challenges that you have and the things that you have to do to actually make progress there and really move the needle? Yeah, it really sort of boils down in two aspects. One is we are suggesting that there will be a software layer for networking that is far more scalable, agile, and robust than you could do in a physical networking layer. That's a pretty tall order. I need to be able to scale to tens, hundreds, millions of VMs. I need to be able to scale to terabits of cross-sectional packet flow through this. I need to be able to deliver services on top of this that truly allow firewalls, load balancers, IDSs, all of those things to be agile, scale, yeah, it is ambitious. This is the most radical architectural statements in networking in the last 20 or 30 years and that's what gets Martino passionate. So there's a lot of technical scale and we really feel good about what we've done of being able to prove that with robust scalability for which, like the hypervisor, it is more reliable than hardware today and be able to be able to make that same statement about NSX that just like ESX, it is better than hardware in terms of its reliability, its resilience, that's an important thing for us to accomplish technically in that space and then the other pieces showing customer value, getting those early customers and what a powerful picture, GE, Citigroup, and eBay. It's like, wow, these are massive customers and being able to prove the value and the use cases in the customer settings and if we do those two things, we think that truly we will have accomplished something very, very special in the networking domain. Pat, talk about the innovation strategy. You've been now a year under your belt at VMware and you're obviously with EMC and Intel and we mentioned on theCUBE many times, cadence of Moore's law was kind of the culture of Intel. Why don't you talk about the innovation strategy of VMware going forward, your vision, but also talk about the culture and talk about the one thing that VMware has from a culture that makes it unique and what is that unique feature of the VMware culture? Yeah, and we spent time as a team talking about what is it that drives our innovation, that drives our passion and clearly as we've talked about our values as a team, it is very much about this passion for technology and passion for customers and how those two coming together fundamental disruptive wow kind of technologies where people just say like they did with it when they first use ESX and they say wow, I just didn't ever envision that you could possibly do that and that's the experience that we want to deliver over and over again, right? So hugely disruptive, powerful, software driven virtualization technologies for these domains but doing it in a way that customers just fall in love with our technologies and as I got a note from Sanjay and I just asked him, what do you think of VMworld? And he said, right, it is like a cult geek fest because there's just this deep passion around what people do with our technology, right? And they're not even at that point, they're not customers, they're not partners, they are deeply aligned, passionate zealots around what we are doing to make their lives so much more powerful, so much more enabled, right? And ultimately, a lot more fun.  Yeah, it is absolutely great. Pat, thanks for coming on theCUBE, we've spent a lot of time with you here. I know we went a little bit over, appreciate your time, always great to see you. It's great to see you as well. Looking good, tech athlete, Pat Gelsinger touching all the bases here. So last night at AT&T Park, great event here, VMworld 2013, this is theCUBE, we'll be right back with our next guest after this short break, Pat Gelsinger, CEO on theCUBE.


The Ogun State chapter of the People's Democratic Party, the PDP, has blamed the Shagamo riot on Governor Dakbua Biyodun's directive that residents should continue to spend old narrow notes despite the expiration of the deadline given by the Central Bank of Nigeria. Earlier violent protests began in front of the palace of the Aqaibu of Remeland, or Baba Babatundi Aja'i, with some youths barricading roads and setting bonfires. The set three commercial banks on fire invaded the council's secretariat and cut away the legislative house maze. Abyodun, however, condemned the Shagamo riot and described it as politically motivated. Addressing newsmen, the state secretary of PDP, Son Desolaring, dismissed Abyodun's allegation saying the governor also distributed old notes to the residents, thereby instigating people against the federal government. They pretended to be a protest on the narrow design or the cash swap. But what I've seen this morning does not tell me that there were no other motives behind this protest. It's obvious that the current government had abandoned the fundamental and constitutional responsibility of providing security of life and property because the governor of the state is the chief security officer of the state. For the election, I want to believe and admonish the state government to desist from inciting the public against any political party. Leaders should make statements that will restore cabinet, that will bring about peace and tranquility in the society. Not statements that is capable of causing further destruction within the society. And this is uncalled for and it should not be expected of any person, what is to be called a leader in us.


Welcome to Toffee TV. It is the Everton news daily. Sean Daish has told Delhi Ali that the door is still open for him to continue his Everton career. The England international is back from his loan spell with Bushikhtas. He's got a hip injury. Obviously he won't play this season and couldn't play for Evan anyway because he is contacted for Bushikhtas to the end of the season but he hasn't closed the door on him and has told him to do the right things. This is in the week where Delhi was pictured in a bit of an interesting situation so I had to buy balloons which didn't look too great. Daish said he's spoken to him about the injury, about how he saw it, how he saw his time on loan and what he wants to do. He said I got the sense that he wants to be back playing football and playing well. First thing first is to get the injury right. You can't do anything when you're injured. As regards to football, anything else is down to him. He's 27. He's pretty well-travelled in football world and what he's achieved at a young age. Some of it is common sense. Do the right things and you know what the right things are. So there you go. There's been a lot of talk about Delhi so obviously he's still got a year left with his contact with Evan. He just looks like someone who's fallen out of love with football. Obviously he wasn't used early on the season by Frank Lampard and then obviously he shifted away to say he to besieged us. So it's on the player really whether he's got the desire. I think Sean Daish is the kind of manager who you know will give him a chance but will make a decision on quite quickly if he's not if he's not matching the levels that he requires. So we will have to wait and see on Delhi Ali. A bit of a sensitive one this one but a Premier League footballer arrested on suspicion of child sex offences will face no further action. The police have said the 23-year-old who was suspended by his football club, that football club was Everton, was detained in June 2021 and bailed pending further inquiries. The player was under investigation for two years but today Greater Manchester police announced that he would face no further action. The fore said the decision had been reached that there was that there was insignificant evidence to prosecute. The police said the investigation team and the Crown Prosecution Service have been working together and reached the decision that the evidence available at this time does not reach the threshold set out on the code for Crown Prosecutions. So there you go. The unnamed player that everybody knows who he is will face no more actions. There you go. Make make of that of what you will. Delhi, sorry, Balak Savovi. The rubber reports today that he has put a new contact at Everton on the back burner. He's got 12 months of his contact left in the summer. The way reports early on in the season that we were speaking to him about a new contact then there was reports that Everton had put it on the back burner but then they signed Jordan Pickford to a new contact and now the reports are that Alex Savovi has put the contact on a back burner. Let's be honest, whoever's put it on the back burner, it makes complete sense because at the moment Everton can't really be handing out contacts to players. That might not have a value of what that contact's worth. If he has been offered the contact, the player might be looking at him and thinking, well, if I get locked into this, no one's going to come in and buy me. I could be stuck somewhere that I don't really want to be. So it actually makes a lot of sense for Alex Savovi not to sign a contract right now. The summer will be the best time to make a decision on Alex Savovi, whether he signs a new contact, whether he stays at Everton, whether Everton sell them. That's for them to do in the summer. That makes perfect sense to do in the summer.  You know, Everton have got a huge eight games starting tomorrow at home with Fulham. Everton have got to get the points. If they don't get the points and they get relegated, Everton simply can't afford to keep people like Alex Savovi at the club and if they were to give him a contract now, no one might come in and give us a deal that satisfies us and what we need for them. So it makes perfect sense for everybody for Alex Savovi not to be signing a contract right now and it to be revisited in the summer.  Tomorrow is the 34th anniversary of the Hillsborough disaster. To commemorate the death of the 97, floral tributes will be laid outside the ground at the Hillsborough Memorial at the park end and also there will be a period of silence before the game as well. So I'm sure all our fans will respect that massively and you know, if anyone out there wants to lay any floral tribute of their own, the memorial at the park end will will obviously be the place to put them and before the game. So, so there you go. Um yeah, there you go. Match tomorrow. The Star Eleven show is available now. The match preview is available as well. Check them out. I'll be back after tomorrow's game. It is a huge, huge game forever and against Fulham tomorrow at Goddison Park. So make sure you catch me after the game. Thanks for watching. Make sure to give this video a like. Subscribe if you haven't already. More great videos. Join us over on Toffee TV. Premier the link in the description. The QL code is coming up now.


And I sing it in my mind every morning. I give it all Enjoy Love Loves from the depths And priced without my sight Let the love Bless the world I see Set the dreamer free Set the dreamer free Just say Bless the world I see


The USI last week announced plans to campaign for better conditions for student teachers on placement. Along with various trade unions they are calling for student teachers to receive payment while on placement to cover expenses such as travel, materials and accommodation. We ask student teachers on the St Patrick's campus what the main struggles are while on placement. We go out, we do eight weeks of placement, that's two months. The teacher that we teach for the full day and the teacher is still getting paid their full wage and the student teachers don't get anything. We still have to pay for our transportation, it's going to be in Dublin so we still have to pay for accommodation and then we still have to pay for our own resources. Basically when you're on placement you don't have like you're doing all your preparation for your lessons in the evenings and then you're going in teaching the next day so I don't know how people manage with like part-time jobs and stuff like I never was able to do it, I was able to work through placement. The resources and everything is constantly printed here, you put your point in about nearly five or every day just cover yourself so that's twenty five or again like so it's all had an uplift that's the main thing I suppose. That annoyed me for a while and still annoyed me, nothing's been done about it. DCUSU along with a number of other colleges are highlighting the campaign and are asking student teachers to fill out an online survey. DCUSU Vice President for Education and Placement Matt Davie is heavily involved in the campaign and is urging student teachers to voice their opinions. USA contacted me about the campaign and how I want to get involved and to be honest I jumped on it, I really wanted to do it, being a teacher myself it really affected me and being kind of representative for the biggest kind of cohort of teachers in the country and the Institute of Education on Pats campus, we have the largest number of teachers there so it's really an issue that affects our students and so I wanted to be leading this with USA. I've done a survey myself with the fourth year Beds that went out so my class, we got a great response that around forty or fifty cent of the course replied to that so we've gotten statistics from that as well and I've included them in the proposal that I'm currently making. I'm not sure about the closing day for the USA one but I presume it's going to be very very similar information that I've already covered from my own survey that I did over the summer and so we're going to incorporate that into the proposal as well when we get the results from that I'm not sure about the closing day though. Colleen Brady, DCU TV News


Hey everyone, welcome to another video lesson from NavigationTrading.com. In this video, I want to show you how to plot the expected move of a stock or symbol right here on your charts. So we're looking at ticker symbol SPY. If we go to the Analyze tab in Thinkorswim, what you'll notice here if you have your calendar set to the expiration date, in this case 518, you notice that you have this gray shaded area. Well, that represents the one standard deviation move, the probability range of approximately 68.27%, so that's the probability that price is going to stay within this range between now and expiration, or in this case, May 18th for the next 30 days. Today is April 18th. And so that's great on the Analyze tab, but what I want to show you today is how to plot that same thing on your charts.  It's called the Probability of Expiring Cone. So just highlight that, add selected, make sure it adds it in the price row, there it is, Probability of Expiring Cone, and hit OK. So what this is going to give you is essentially exactly what it showed on that Analyze tab. It's going to give you that range that this specific symbol will move in, given a, about a 68% probability that price is going to stay within this range over these specific time frames. So it shows you 30 days out, shows you 60 days out, shows you 90 days out, and 120 days out. So it gives you an idea of the expected move of that particular symbol. And this is based on the volatility of that specific symbol, the option prices of that specific symbol. So it should be a helpful tool just to give you a quick visual snapshot of the expected move of any particular symbol. And once you have it loaded on your charts, you can click on any symbol and it is going to appear there to give you an idea of the expected move of that specific symbol. So hope this is helpful. If you have any questions, please let us know. If you want to learn more about what we're doing here at Navigation Trading, just go to NavigationTrading.com and we'll see you there.


ight. All right. Thank you. All right, see you, Jim. See you.


The PhD Standard As was the case with the creation of the Federal Reserve, cutting the final connection to gold had little impact on the day-to-day life of an average American. The dollar did not change. The inflation that began to impact Americans in the mid-1960s continued. It was foreign governments that were the most affected, as the collapse of the Bretton Woods system created a new era of uncertainty. The result was a new monetary system, with the American dollar unbacked by gold replacing gold as the global reserve currency. Without hard money to back their currency, governments had to identify how to instill confidence in their currency. Some failed to do so, falling into the same mistake of relying on money printing to justify government spending. For example, the country of Zimbabwe ended up printing 100 trillion dollar bills as the result of the hyperinflation that resulted from reckless government policies. Many smaller countries tied their currency to the dollar, which meant their monetary policy was dictated by the Federal Reserve. Europe, except for the United Kingdom, created a continental central bank in currency. The Euro, with the idea that no one country's government would be in a position to abuse the printing press. Other global governing institutions like the World Bank and the IMF were also created to assist developing countries in this global economy. Ultimately, the international monetary system transformed from one backed by hard currency and the discipline of the gold standard to one based on the whims of university-trained experts. Of course, the actions of powerful bankers and government officials have always been the catalyst for the inflationary policies that have created the great economic crises of the past. Governments are always the primary benefactor of inflationary monetary policy, and inflation is always an easier means of financing government spending than direct taxation. So long as money is in the hands of decision makers aligned with the state, the incentive will be for the central banks to expand the money supply at the expense of the rest of the population. The result has been economic crises becoming larger and more global. The booms and busts of business cycles are created by the expansion of money and credit unbacked by real wealth. Without any tie to gold, governments, central banks, and large financial institutions have engaged in money and credit creation never seen. From stagflation in the 70s to the financial crisis of 2008, central bank policy continues to sow the seeds for economic crises with increasing severity. Another consequence of this has been normalizing consistent inflation. From 1792 to 1932, an ounce of gold consistently cost roughly $20 between the period of FDR closing the gold window in the U.S. and Nixon doing so internationally, the price rose from $32 to $45. In 2021, an ounce of gold cost over $1800. In our next video, we will look at the impact of this inflation.