Okay, hello and welcome to briefing looking at the week ahead Then it's Sunday night 23rd of January just gone through electronic open 11 p.m. Here in London So yeah in terms of this week plenty of things to get your teeth into which we're gonna Briefly recap in a moment main highlights being the FMC meeting on Wednesday You've got PMI and GDP data coming out from much of the major Western developed world economies We've also got the latest corporate earnings the big tech names to look out for include the lights of Microsoft Apple We also have Tesla as well this week And so I'm gonna run you through a few top level ideas about what to expect in those events And then we'll look at the markets and how they've opened In electronic trade to get things underway for the week But starting off with really how last week finished just to set the scene and of course global stock suffered their worst week since October of 2020 as you can see here and of course It's the likes of the NASDAQ which have really felt the brunt of course here this pink line the divergence Increasing of course away from that of the S&P 500 albeit all the indices have been moving lower But more prevalent of course in the likes of the growth and tech names those more sensitive to the higher yield environment and of course that is what we've been seeing real yields are spiked higher as People start and have been positioning themselves accordingly for the Fed which we're gonna hear the announcement from from the January meeting this Wednesday what this means then looking forward is first off how markets open this evening and Yes, we did gap a little lower But we've already kind of moved higher straight away in Electronic trade to get things underway and I'm gonna focus on the NASDAQ given that that's been the main index of focus In the futures market here and just looking on a daily chart really to give the the best context of what we're looking at at the moment And you can see here quite a critical level that we're looking at in the NASDAQ just to briefly show you here the context of this trend line that we've had going back to November of 2020 and Yeah, the biggest sell-off that we've had As per what I've just mentioned from last week was really down in this October period when we're seeing these these sell-offs here So that was really then the commencement thrashing out that low going into the turn of November 2020 Which we've tested multiple times. We obviously broke through much earlier About a week or so ago Actually, it was this time last week when we broke that and that added to the weight plus the 200 DMA break and Through the 15,000 psychological level is really what weighed at the back end of last week on some of these tech stocks And you can see here this critical line of support where we're at at the moment. We found a bit of a bounce and rub about 70 Points here at the initial futures open, but 14 369 and a half was that low point that we printed back at the beginning of October And that's a key level here because any further break of that next era I'd probably be looking at is the peak of the price action going through April of 21 And also a support point through the back end of June before we eventually moved up through all-time highs Anything beyond that for the rest of the week and kind of scaling that move down to those June lows, which was also that Jan or mid-feb higher than 2021 and then just using the various other key levels here on the downside So yeah, obviously the Fed is going to be key to this. What's obviously quite interesting is we've had a sizeable correction here in markets and going off the peak that we printed in the NASDAQ from the 22nd November So where we've printed a loan opening of trade this evening with that about 14 and a quarter percent And so the question mark really is of how much of this is now already priced in for a March hike And is comfortable of the nature of hearing some more clarity over the what they're going to do with the balance sheet In future given the idea then that it probably won't be completely shrinking with the balance sheet immediately with the first March hike And so therefore how much of this 14% pullback is Reflective now of the ability for the Fed to really give clarity of direction on their tightening going forward Much more so than their projections which came out in December and thus actually is this the near-term kind of bottom for the time being Time time of course will will tell but sticking with the stocks themes one thing I didn't mention in my notes, which you can check out. I'm pointing to here Which is my Twitter handle and there's a really good article here Which? covers a couple of interesting things. I just wanted to run through them from a statistical point of view and one was that Essentially, we've had a really rough start to the year of 2020 as the markets are kind of readjusted themselves for the idea of a faster tightening pace coming from the US central bank, but in fact stocks have risen at an average annualized rate of 9% during the 12 Fed rate hike cycle since the 1950s delivered positive returns in 11 of those instances This was quoting a fund manager and a study that was issued in a Bloomberg article over the weekend and If you want to have a look at some of these tables in more detail I did I did share them with my notes and my Twitter account, but you can see here is that the idea basically is that Can you have high yields a tightening of policy and positive stock performance? Well, the history would say yes and the main point of that being that the growing economy Tends to support corporate profit growth and thus then the stock market now you could argue that look We're in a bit of an unprecedented point here because we've obviously come such a a long way so quickly Given the dual mechanism of you know, just humongous fiscal Injections that we've seen to offset and counteract the downturn in the pandemic Coupled with these incredibly Accommodative policies from the Fed, but you know, let's see and and it's really going to be quite important although we've had some short-term pain one thing to also reiterate is that on average Strategists on the street at major US banks do project the S&P 500 will finish this year at around 4 982 so just short the 5000 level and of course we're trading at the moment the futures are below 4400 so is this the pullback of which, you know, we had some very shallow pullbacks last year Which we'll get to in a moment, but Looking at where we closed on Friday to then the average estimate of what strategies looking at the end of this year You're talking about around 13% move back to the upside from where we're at this present point in time Although the S&P 500 performance is often strong during a right-high cycle The unusually mild pullbacks that we did experience of course in 2021 Would suggest looking at when this has happened before in the previous 50 to 70 years That actually the ensuing or the following year then sees a heightened degree of volatility. So hence Pullback cycle we've had a 15% pretty much straight out of the gate in the first month of this year Perhaps aren't going to be uncommon going forward albeit that the end destination might possibly be higher I would say Although there's obviously a lot to play for we've got 11 months to go and obviously there's multiple rate hikes to execute But the readjustment to the first one is always going to be the most painful in my opinion because then The stall is set out and the market know the relative number of hikes and the approximate timeline of shrinking of the balance sheet Details of that are still to come which means that short-term there could be more volatility But a lot of that would spell that you know this perhaps is the worst of it that we're going through at the moment the readjustment phase Couple of things as well not forgetting. We do of course. It is a US mid-term Year at the moment and so if you actually look at the Statistics and we start looking at big mid-term swings i.e. looking at the S&P 500's performance Pullbacks in the US mid-term election year. So since the 1950s The S&P 500 has averaged an entry year pullback of around 17% in mid-term years This is according to LPL financial and if you haven't checked those guys out, definitely should they put out a really good newsletter Actually, but the final three months of a mid-term year. So remember the midterms in November So the finals three months and then the first two quarters of the following year So once the result of that is known As the pre-election year have been some of the strongest quarters for stocks over the four-year US presidential cycle And so yeah, let's see how this plays out But I think it's just some good statistical background towards how we tend to perform In these previous periods of conditions that might have some degree of similarity So just something to bear in mind a quick look at the overall calendar And then I'm going to delve into three or four couple of key points rather than go to everything in great lengths first off Monday Obviously Sunday night come out to midnight here in London. I'm filming this but come to our Monday morning session We're going to get the flash PMI figures. So service manufacturing data for the month of January So across the UK Europe and the US then if we go into Tuesday We get German iPhone and US consumer confidence figures Wednesday, of course the FMC from the Fed We also get the Bank of Canada rate decision where analysts at ING are expecting the BOC to raise rates 25 basis points This meeting of course same day as the Fed They suggest that activity has been strong the economy is at record employment inflation is at a 30 year high Covid containment measures are also set to be eased at the end of this month And they should signal essentially the green light to start hiking rates in Canada at this point Then Thursday you get US GDP This is the advanced Q4 reading expected to show expansion of around 5.6 percent in Q4 much higher than the prior quarter of 2.3 percent we had in Q3 Fueled mainly by a pick up in inventories and modest gaining consumer spending is the rationale there We get your weekly jobless claims as well as debt durable goods on the same day and then Friday We get things like the personal income consumption numbers employment cost index coming out the US This is the final University of Michigan number. So not too much interest there, but we do then get The GDP numbers as well coming out of Europe where I just flip over to here This is looking at the PMI numbers for the Eurozone So as I said, we're gonna get these Monday GDP data comes towards the back end of the week But GDP readings on Friday from Germany France Spain will likely show how badly Omicron variant has hit that particular part of the the Western economies over the period of the fourth quarter Germany is certain to have contracted is the general expectation Setting Europe's biggest economy up for a recession, whereas the other two so France and Spain expected to still be growing Or be it at a slower pace than the previous three months now when it comes to the PMIs Economic confidence and PMI data will provide us with some early indications then of the Euro area has it picked up this month Or does it remain somewhat subdued obviously in France things like Omicron variant case rates are still particularly high But perhaps not so much so in some of the other areas One interesting comment we had out of Austria's Robert Holtzman. The reason why he's interesting is he is an ECB member and he said that In the local press in Austria that a return to conventional monetary policy Currently it is not possible in Europe and he's one of the most outlying hawkish members of the ECB Still sounding very dovish as you would pretty much expect So policy divergence a lot of that's already been factored in of course a few months back when we saw a big division and in general Weight in the euro-dollar pair. So not expecting that to play out too much But just goes to re-emphasize the state of play between the difference of policy Timings on those two central banks at this moment in time And then before I pivot back to the things like the FMC earnings This is the earnings kind of sheet if you like for the week. There's about 101 companies reporting But much of the focus, of course, it's going to come on the mega cap type names So to name a few you've got IBM aftermarket on Monday pre-market Tuesday Jane J G E Verizon AmEx 3m, but aftermarket obviously attention on Microsoft and then pre-market on Wednesday Boeing AT&T aftermarket Tesla always an interesting one, of course And then Intel and on Thursday you get Apple coming aftermarket McDonald's also join that day pre-market and then on Friday Chevron Caterpillar some of the headline names to look out for In terms of earnings season, where are we at the moment? So a couple of things to have a look at so we're here now going into the 101 So this is one the second most busiest week that we get in US earning season next week In fact is the busiest with 110 companies reporting But in terms of the men the big ones, of course over the coming days as you can see here And and as I've just mentioned the likes of Google Facebook Amazon will come next week Just as a reference point. So, yeah, moving back to a couple things to talk about obviously Jerome Powell Here he is the Fed decision definitely is the highlight of the week The Fed not expected to raise rates in this meeting But they could set the scene essentially for how it will act when it finishes up its bond buying program Likely now in March, of course many economists expect the Fed to start raising its federal funds rate target from near zero With a quarter percentage point hike in March And then subsequently carrying out then every kind of the quarter rate hike thereafter So June 7th back the Fed has also said it could move to shrink its balance sheet this year And it would be another type of policy tightening is how to basically take that as a central bank steps back from replacing Matureing securities on its balance sheet with market purchases to give you a bit of an idea on that side of things 29% of Bloomberg's economists surveyed expect the runoff to occur between April and June a Larger proportion 40% from July to September the median estimate looking for a monthly reduction Between 40 to 60 billion dollars bringing the balance sheet down to around eight and a half trillion By the end of the year from around just short of nine trillion eight point eight or so that it is Currently at this present point in time So you can see even though they're shrinking the balance sheet the number of the balance sheet is still absolutely huge at this point so Couple other things on the back of that was a latest economists know coming out of the the team led by Jan has he asked the chief economist at Goldman Sachs I don't think it's new information the fact that Goldman sits in the camp that sees four rate hikes for this year again Commencing a March June set deck They announced as far as a date They fit in that 40% camp from that Bloomberg economist survey that they think they'll start the Fed the reduction of its balance sheet in July But they said some interesting comments. They said that inflation pressures mean that risks are tilted somewhat to the Upside for their baseline and there is a chance officials will act at every meeting until the inflation picture changes Let me repeat that they said there is a chance that the Fed officials could act at every meeting Until the inflation picture changes. That's eight meetings. So again, they're just saying that as a as a non baseline hypothetical but nonetheless This raises the possibility of course of additional hikes and earlier balance sheet announcement in May And of more than four hikes this year as we just I just mentioned So yeah, the Fed really is the big one that's going to be coming out Wednesday What I'll do is I'll put out another video as a preview on the morning of Wednesday before that comes out And then I'll do a review the following morning on Thursday. So I've got you covered Don't worry Just having a look then at what else is to talk about But I think I've pretty much covered most things two other headlines just briefly One on US Russia relations just given the current status quo with the tensions in Ukraine the uptick We've had in geopolitics of late and US Secretary of State Anthony Blinken rejected pressure to immediately escalate sanctions on Russia For its military buildup around Ukraine saying it would limit Western options in the future So at the moment diplomacy rules fairly passive Somewhat diplomatic means being pursued at this point in time. You would kind of expect that to be The order of play as far as they can take it For the time being so at the moment I don't really see too much of an impact for markets as it is right now Certainly though any movement on that side energy prices to gas and so forth would be the things to look out for this week And then I just wanted to give a quick mention for Cryptocurrencies Solana one of the largest blockchain networks was hit by instability issues Over the weekend and they tanked pretty much and then just having a look at Bitcoin Yeah, after what's been a pretty horrendous time for the crypto space more broadly But if we look at the Bitcoin futures chart here on a daily, you can see we actually gapped down We were down in excess of 2000 at the open Just tracking some of the weekend movement that we'd seen in Bitcoin But quite interesting here if I just kind of zoom that in a little bit you can see we opened Below what is here these previous low that we printed back on 27th of July and at the close of last week And you can see we gapped down a rallied back up in the first half an hour of trade But we're finding a little bit of resistance at that same level It's gonna be a really interesting week to see how this performs because obviously now we're below there technically does open prospects of Perhaps deeper moves lower if we did The next real clear definable stop is 30 But I think it's kind of make or break here to a certain extent Do we get a pretty wicked pullback here back up towards the 40k mark or do we go 30? I'd say the way that this has been behaving I'd be surprised if we were to consolidate in a narrow 2 to 3k range. I think we're going 10,000 in either direction We might end up back around here But before then I think we're gonna see one or the other and perhaps the Fed meeting acts as a bit of catalyst for that on How much did I deliver when they comment on their hawkish intentions for the future midweek? So perhaps second half the week could be particularly telling in that regard Other things as well, of course, that's been weighing aside from just tracking some of the Rotation out of growth and things like that So also having a mimicking kind of movement in sympathy in the crypto space is regulated from Russia UK Singapore Spain They've all announced intentions that could undermine crypto companies looking to grow in those particular regions The Biden administration is also said to be preparing to release an initial government-wide strategy for digital assets As soon as next month and task federal agencies are assessing risks and opportunities that they pose According to people of middle of the matter was published in article in Bloomberg At the weekend this all of course comes after that aggressive move We've had in in yields, which has been predominant rationale for a lot of the weakness But look that is it. I'll leave it there Any questions at all? Feel free to drop me a comment as I said Intermitted with any big breaking news stories anything interesting or hot topics that come up during the week I'll put out a video, but I'll definitely have something for the Fed on the Wednesday preview and the review on the Thursday And then don't for don't forget to check out the podcast as well Just such amplify me market maker for your weekly wrap as well. All right. Have a good week Take care and I'll see you for the next session. Take care


Michael, there's a great study about just the importance of listening and empathy in our romantic relationships. Yeah. And this was done by Davis and Othout in 1987. So this is a little bit age, but it's still very much up to date. It's called maintenance of satisfaction in romantic relationships, empathy and relational competence. And they interviewed heterosexual romantic couples. And what they found was that empathy, so active listening is a core part of being empathetic, was positively associated with satisfaction in romantic relationships. So now we need to maybe talk just very briefly about what empathy is for those that are shaking the head and scratching the chin is like, what are they talking about? So empathy in a nutshell is your ability to understand and share the feelings of others. And that increases the connection in a relationship. And I'm going to argue that this is not only true for romantic relationships. This is just the part where the rubber really hits the road because now you're married to someone, now you have kids with someone. So those relationships are really important. But empathy and active listening also kicks in in fostering those social relationships, the friends, the dates, the coworkers. Because by being empathetic, you show that you are attuned to the other person's needs. And that is important for trust because if I'm talking with Johnny and I don't feel like he understands my needs, I don't feel he understands where what I'm talking about, why I feel this way, what is the likelihood that I'm going to trust Johnny, right? But or I talk to Johnny and when I talk about a struggle or when I talk about a victory, Johnny is there to support, to high five me on a victory and to lend an ear and a shoulder when I talk about a struggle is like, okay, this person gets me. I've just met him. I've just talked to him for two minutes, but this person gets me. Why? Because we're showing empathy. And again, it's not about what is it that we're going to say to remedy this. It's what are the actions that we're going to do that we're conveying that actions are always going to speak louder than words. This is where a lot of analytical mindsets get you in trouble because you're looking now for the right answer for what has just been said when if it's empathy, it is how you're conveying that empathy through your body language, through nonverbal communication. Now, these three areas, your sense of humor, your ability to actively listen, showcase empathy and your storytelling are skills that you can build. So if you think right now, I'm boring. I don't have much personality outside of my work. I don't have much going on in my life. How do I stand out? How do I become extraordinary? Well, you work on these three areas to build out that exciting, fun personality. And I'm going to let you in on a secret. Chat, GPT, Google Bard, they can't do this for you. They're not going to solve this personality issue in your dating life. But you know what will you chasing after a passion, working on these areas and creating environments for you to practice these skills, which is why we have implementation sessions in the X factor accelerator, working on these exact three things.  And when those three in combination come together, you become charismatic, you become memorable, and that first date turns into a second date. And it turns into her being excited to tell her friends at brunch about meeting you and connecting with you and having an opportunity to see you again. Now, the second factor that we're going to talk about here confidence, right? The first step to unlocking your X factor dating is to grow your charisma, become someone who can showcase personality effortlessly. Your second step is actually overcoming that inner critic and building confidence in yourself, not only to speak your mind, but to take action in areas that are attractive to actually move that relationship forward from just a first date or a great conversation or some flirty text messaging to someone who is action oriented and is liberated from their inner critic to showcase themselves to find their voice and communicate who they are with the opposite sex. So, AJ, this is something really interesting that we see every time when we do our implementation workshop on vulnerability, where everyone just shares a little bit as much as they're comfortable doing and this 90 minute workshop when we're done, no one wants to leave because they're like, hey, we open up this. I want to hear more about that. I want to hear more about that. And the participants are like, but I shared something that I'm a little bit embarrassed about. I'm shared, I shared something that my inner critic was speaking up about. But by doing exactly that and showing that human part, everyone else is like, no, I want to hear more about the, tell me more about that trip. I really want to hear how this played out. And it's amazing to see how conversations just keep rolling and no one's asking, what's the next thing I should say? What's the next question I should ask? Like the moment this vulnerability enters the playing field, the conversation just goes.


Okay, so hi everyone. Today I will talk about our activity in Linux Foundation AI. This is a new group in Linux Foundation, a relatively new group. My name is OfferMoney. I am a director of product strategy in the Andox, city office. And I'm also the chairperson of LFAI, technical advisory committee, or TAC. And my goal today is that you will share my excitement about what we are doing and if you would like to contribute or have something to contribute either by coding or by contributing a project or joining, it would be great. So what is LFAI? LFAI is what we call an umbrella project that has one governing body or one founding body and many technical projects. All of them are in AI domain, AI, machine learning, deep learning domain. We started the foundation in March 18 last year and with one project and now we have already five and we are still growing, new companies are joining and a lot of traction to the project that we are hosting as part of the foundation. This is the mission that we define to ourselves. We would like to build and support an open AI community and drive innovation in AI, machine learning and deep learning and enable collaboration between the companies, the projects, the users and of course create opportunities to the members and to the entire community. And we broke the mission into a few goals. First of all, we would like to allow, provide a neutral environment to host those projects. We would like also, and you will see at the end of the presentation how fragmented the open source AI landscape is. There are hundreds of AI projects in open source and one thing that we would like to do is to harmonize and to have interoperability between the different projects. And this is something that we focus a lot of our time. The third thing is all the fairness and ethics in AI. I assume that many of you who know AI know about those challenges and we believe that it is very important to have a fair and non-biased machine learning solutions and I will touch on it a little bit later. We are building also some marketplaces. We have a marketplace for machine learning models and I will show one of our projects that this is the headlight of this project and also a marketplace for data. And of course, I said earlier that there are so many projects we would like to understand which projects are the most promising ones and to support them and grow them as much as we can. So these are our goals and this is the structure of the foundation. So as I said, we have a single governing board, a single founding organization that allows the projects to focus on what they do best to create code in AI domain. And in this way, the governing board takes all of the activities that are related to marketing, all of the activities that are related to legal and other stuff and allows the projects to work. Under the governing board currently we have five subcommittees. We have an outreach committee. This committee is organizing all the outreach activities or the marketing activities. All the LFI days. Yesterday we had one day here in the summit or before the summit started. This is one example and we are doing days in different places in the world. For the rest of the year, we have one day in China, India, Europe and other places. For this year, I think that's it. Maybe two in Europe actually. And this is the outreach. We have a legal subcommittee. We have a budget subcommittee of course and recently we started two new subcommittees, the strategy subcommittee that tries to re-address the mission and goals and understand that we are providing the right value to our members and the community. And the strategy committee tries to define the value or will define the value proposition of this foundation. Also we have the fairness subcommittee. In this subcommittee we address all the fairness and ethics related to AI. We are trying to define or we will not define what ethics for AI are. There are plenty of organizations and countries that already define that. But what we would like to do as part of being an open source organization is to bring fairness projects and maybe create some certification program which different AI projects will be able to certify themselves into the ethics that we will have. And this is what we are doing as part of the subcommittees of the governing board. The technical advisory committee, our consul, the TAC, is the committee that I am leading. We have bi-weekly meetings. Every two weeks we have a meeting. In those meetings we sometimes discuss the different projects. Sometimes we bring external projects to give us presentations so we learn what is going on outside. We discuss the collaboration between the projects and how we meet the mission and goals of LFAI. All of our calls, the TAC, are open and recorded. And if you are interested, I will have some links at the end of the presentation. And you are very, very welcome to join and contribute and be part of the discussion. The technical projects, I'll touch each and every one a little bit later and explain what they are doing. But the idea is that there is a separation between the governing board and the TAC and the projects. Each project defines its own governance. So we are not dictating anything on the projects. The only thing that we ask is that the governance of the project will be open. We ask for an open governance and that's it. Other than that, each project in this list, you can see the five that we already have and others are coming soon. I assume at least two, three more in the coming few months. So each project has its own governing procedures and the way they are doing their stuff. Okay, let's move on. Any questions? Membership. We have actually three tiers for membership. We have the Premier in general. The Premier is of course more expensive and gives the members a seat in the governing board. And we have the general. Just yesterday, IBM joined as a general member and I hope they will switch to Premier soon. But many companies that are leading forces in AI and many Chinese companies leading in AI. So we are only like 18 months old and we already have quite a lot of companies with us. I wanted to mention another tier, the third tier, which is Associate. Associate is a free tier for universities and non-profit organizations. And if you are part of such an organization or you know an organization that would like to join to such activity, we will be happy to get you into the foundation. Questions? Okay, let's move on. Some milestones that we already achieved. So we started this foundation in March. Back then it used to be LFDL, Linux Foundation Deep Learning. It was not the smartest choice of name. I was on vacation for one week. I come back, LFDL, okay. So we started in March 18. We had the first project in the foundation when we started with Akimus and then we had the Akimus Challenge. It was an open challenge for developers to contribute machine learning models and the one that... If I remember correctly, the one that won the first prize was about analyzing data to identify cancer. It was very cool. We had a few days during the year we got two projects from Tencent and Baidu, Angel and EDL in August, actually in this conference last year. Oravod, a project coming from Uber and then Pyro later. And in May, we changed our name to LFAI and now we have... Yesterday we had the LFAI day and we have a lot of other stuff going on. Okay, as part of the foundation, we defined three tiers for project maturities. The first one is incubation. It's for new projects coming to the foundation. They are still growing. They need a neutral environment to get more adoption to their project to grow. And for that project that would like to join LFAI, the only thing they need is the technical advisory committee, the TAC approval. And there is a process.  Of course, we will work with you to do that. You bring it to one of our TAC meetings and we have a vote and approve those projects. Until now, we didn't reject anyone. But we are still growing and maybe at some point we will. Then there is another tier, the graduation tier. This tier is for the flowers that have a lot of traction from butterflies. Those projects that have a lot of contribution, a lot of stars, a lot of traction, users, committers coming from different companies, et cetera, et cetera. And then we have a TAC vote and a governing board vote in order to move the project from incubation to graduation. The reason that we need a governing board vote is that the graduation projects can ask for a dedicated budget to run their project. So this is the second tier. And the third tier is Emeritus for projects that used to be big and great. And now there is less traction to those projects. Maybe the technology is getting a little bit old and there is new technology coming and replacing this project. Less contributors, less committers. And then we moved those projects into Emeritus status. For now we have four projects in the incubation status and one project in graduation. But two of the projects are going to move from incubation to graduation. Okay, so let's talk about the project themselves. As I said, we have five projects. You can see the names of the projects and the company that contributed those projects. Achimus came from AT&T, Angel from Tencent, Edel from Baidu, Orvod and Pyro from Uber. And let's spend a few minutes to discuss each and everyone. But something that I wanted to say is that we would like to achieve a landscape of projects that will allow the users to build an end-to-end machine learning solution. And for that we will have some integration between the projects and we will have to identify where the projects are in the, let's say, machine learning workflow. And I'll discuss it a little bit later. So let's start with the first project. First project, this is the project that we started the foundation with. This is Achimus AI. It came from AT&T. The idea of this project, the highlight, is to have a marketplace for machine learning models. Companies can bring, or companies or individuals, anyone can bring a machine learning model into the platform. And then other users, other companies, can take the model and use it. When we started it, it was only for open-source models. But now we are working on the third release and we are already implemented some licensing so companies can share models with licensing associated with the model. So the platform is still open-source, but there is an ability to commercialize your models via this platform. Maybe I'll touch the different steps or the activities that can be done on this platform. So number one on the left is to onboard the model and we support many, many languages for onboarding. The second activity is to train the model so a model can come trained or untrained to the platform and if the model is untrained, we can train it as part of the platform. And this allows also some interesting commercialization opportunities because sometimes I'm the developer but I don't have data. So I can share my naked model, the non-trained model via the platform and other company or other organization that has data can train it for me. And then put it back in the platform. The third thing is the marketplace stuff so you can rate, you can do some other things to the model and also you can change different models so you can take one model that does one thing, another model that does another thing and change them into a full solution. And the fourth step is to run the model what we are doing is to produce a Docker file. So this is the first project. The second project, Angel, is coming from Tencent and this project came a year ago, exactly a year ago and it was a small project, not a lot of traction. Yesterday we had a presentation from the Angel team, from the Tencent team and they presented... they managed to take the platform so quickly, so far, it was amazing and I will touch it later when I'll show you the location of this project on the workflow but they managed to move very quickly, they have more than 4,000 stars in GitHub, they have more than 2,000 commits and many contributors and committers and more than 100 organizations using this solution. So this project is going soon to graduation. Another project, EDL, Elastic Deep Learning, coming from Baidu and I'll explain a little bit about the... you know what, let's say something about the solution so I'm not sure. Okay, so what Angel is trying to solve or at least what I knew until yesterday that Angel is solving is training in scale. So you have your model, you built your model, you have your data ready, now you need to train your model but you have a huge model and yesterday in their talk they presented billions of parameters in their network, machine learning network or model and they use parameter servers in order to train huge models and this is what Angel is doing. EDL, Elastic Deep Learning is in the same area distributed training but EDL is trying to solve a different problem, it tries to solve the server utilization problem so in many cases when you train a huge machine learning model either you exhaust your resources or you don't use anything because of the structure of the model and they're trying to solve it based on Kubernetes and some other technologies. Horavod is coming from Uber, this project has also a lot of traction in the market, many users, many companies contributing and using this project, more than 7,000 stars, many committers, contributors and this project also touches the distributed training and let's say the training phase and the distributed or training at scale and I will show it soon and the last one is prior, prior is probabilistic, help me, language, programming language based on PyTorch and this is another project coming from Uber and I like the number of stars two days ago so I wrote it exactly there, 5555, okay, so we just discussed five projects and I tried to explain what those projects do but it's a little bit, you know, it is not very clear and when we are trying to explain what we are doing or what the project are doing, it's a little bit unclear when you're talking out without a lot of context so we decided that we would like to build or define the ML workflow to define all the steps that one needs to take in order to build a machine learning solution and then to identify what our projects solve and what we are missing so we took a known flow, we took something that we have seen from CubeFlow, CubeFlow is a project coming from Google for machine learning pipelines so we took their model or their stack and we extended it a little bit and we ended up with this stack so we have three layers, we have the data preparation layer, we have the model creation layer and we have the rollout and the next exercise and maybe I should mention a little bit more and on the left we have a marketplace and on the right we have all the workflows and the orchestration and we also defined some additional layers, we defined the ethics management and the security management and now we have a good understanding what we have, if we have all of the components here or we have solutions that solve all of the components here we can build a system that solves the problem or can provide us a solution for machine learning problem and then we took our project and we put them on the map and what we identified is that these are the areas that we cover and now we know that for example we don't have open source as part of the foundation we don't have open source that touches for example the monitoring and some other things and also we understood that it doesn't help or it doesn't solve the fragmentation problem if you have different projects solving different aspects or activities if we don't have integration between them so what we started as part of this exercise we built that and now we are working with the different projects in order to build an integration between them so it will be easier for a user to build an end to end solution using our projects we also add some existing only some existing other projects on this map to see what other open source projects can help us in order to build a full solution some of what you see here I hope we'll join the foundation soon but it will take time any questions? yes so this is a good question we hope that the services that we give and the interaction that we can create will bring the projects and as I said at the beginning having an umbrella project or an umbrella foundation allows the project to focus on the project itself and the marketing, the legal, the governance can be done by someone else so I assume that this is why the project that came yes so yes I personally think that we have the responsibility to make sure that they are working together you know we cannot force okay I cannot say as the tech chair or the government board chair cannot say anything about the technical solution I can suggest, I can recommend I can try to create collaboration if one project doesn't want to collaborate it will not happen but I think we share most of the projects share the same vision and I hope that we will manage to do that we're still young one last exercise that I want to share with you is the LFAI landscape and it's a little bit similar to the MLflow but the landscape is a little bit older and it looks at the looked at the problem from a different point of view so what you see here on the right is the open source machine learning solutions there are 163 projects on our map not every project not each and every open source project in the world is on the map we have we define some minimal criteria to get in but we have already 163 projects with like almost one million stars actually there are a few projects waiting to get inside and we will cross the one million stars 67 organizations 11 universities and this is available online and I would like to spend one minute to show you let me I hope it will work okay you see okay so this is the landscape and actually when we started with it we actually took the landscape from CNCF if you know CNCF it's another umbrella project in Linux foundation focusing on cloud and we took their code and implemented it for us with our projects or AI projects and there is you can play with it so you can see the landscape you can move to card mode there are different categories, different projects the LFAI project are the big ones here you can see the five of them and you can play for example take different licenses or take different organization if you want for example to see what open source projects are coming from Google you can do something like that and you see all the open source projects that Google is contributing and this is basically what I wanted to share with you today so questions so the question was if I heard correctly what to do if I want to contribute what should I do so you can see here all the information you need in order to get involved there is the email and the website and the wiki and the github and the landscape this is the landscape and the website so all the information is here if you would like to get involved send either me or the info email and we will be happy to have you part of this activity I personally really enjoyed great people great environment to work with and you are very welcome more questions so there is in our github there is a process of what a new project needs to bring in order to show in order to get to apply to be an LFAI project and we would like to see what is the scope of the project what is the roadmap who is contributing to the project what is the traction of the project and recently I personally asked the new projects to map themselves on the landscape not the landscape, sorry the ML flow so we will be able to see if this is an area that we are struggling with or this is a crowded area so this is basically what we will ask more questions and if you have a specific project in mind that you would like to contribute come after the talk I'll say more questions ok, thank you very much for your time and see you next time thank you


It all starts with intention Whatever we want to create however, we want to live What kind of business we want to build it starts with our intention, right? Now the thing about intention is that some people think well, I'm going to visualize the results Right like oh, I have a six-figure business. I have all these clients. I have You know all the things that I could buy with with the money that I make in my business, right? typical law of attraction you've heard about that Invisions results as if typically but what I always Sort of like maybe one of the core shifts I've made in how I approach my life and my work is to Shift so much from visualizing results Over to visualizing the process If you learn one thing from me Maybe that's the one thing that you may want to take away because I apply that to everything that I do So let's talk about how do we apply that in our marketing of our business? All right, so if you start to learn marketing and business typically you're going to see things like Grow a six-figure income build a large audience, you know get tons and tons of traffic and It's all a means to an end right like you don't It's not that you really want the money You want what the money can do in your life and the money eventually yes You can buy you things and give you shelter give you security give you pleasure Give you the ability to donate and increase but ultimately it all comes down to what we actually want Which is the peace of mind We actually want is the joy in our daily life What we actually want is the fulfillment that we experience when we grow Like that's what we actually want. We don't actually need the money per se. We don't More clear example.  It just gives us more emails to respond to right like what we actually want Is the feeling that we are making an impact a positive transformation on others? That's what we really want. It's the feeling of making a positive, right? Like who cares if we have a big audience or small audience It's like if I feel like I'm making a difference if I feel like I'm on purpose in my life Then that's really what we are after aren't we or do we want a big audience or for what reason? Right or you know get lots of traffic to your website. None of us. None of us want traffic to our website Right. It's we want the attention Which then allows us to do the work that we feel called to do to serve The transformation of others and to express the thing we're here to express our soulful art our message, right The peak experience you want to share that we hope others can achieve as well or whatever it may be so That's why it's so important To think about our intention in what we are visualizing what we're really going after We're not going after the traffic or the audience or even the money we're going after the peace of mind and The joy of action and the fulfillment of growth. That's what we're really going after right so when we do our marketing Therefore, how can we apply this deeper principle? So, you know, like I said when you start learning from other people Oh, they're they're trying to they try to tempt you with the shallow stuff the The cash the cars the the audience the traffic whatever But what I'm always encouraging you to go for is the deeper stuff That's what I try to draw you forth is the deeper stuff because Those of you watching this recognize that yes, that's really what we want. So to apply this to marketing means Means so means that we actually make marketing no longer a means to an end But what if we made marketing the things we do every day to grow our business? What if we made those things and end in itself what if those actions of writing an email of making a video of preparing a webinar of Writing a sales page. What of those actions themselves? were actually Joyful and worthwhile activity rather than I better do this Be grudgingly or I better do this as a chore or I better do this because I'm supposed to do it So that one day I will have clients that I can serve and really feel feel fulfill my calling And and express my purpose and all that. What is the actual writing of the email? What are the actual making of the video? What are the actual blog writing? What are the actual? You know creating the sales page was itself a worthwhile activity then Every day is worthwhile rather than waiting for the day that is finally worthwhile where I'll have clients and I'd love sir So that's what my challenge to you and my encouragement to you today is Can you make whatever you're doing today for to grow your business so-called grow your business? Can you make that activity itself? worthwhile So whatever it is you need to do to make it worthwhile. I don't know what you do But for me, I do energy reboot. You can Google this George Cow energy reboot. I do my energy reboot. I breathe joy Into the activity itself. I notice. Oh, how is this activity allowing me? to grow as a person to grow in my virtues to grow how is it possible to express some love in This activity right now. Is it possible for me to maybe it's you know, every activity has its own Virtue strength. Maybe this activity is not about love. Maybe it's maybe it's about creativity. How can I tap? Practice tapping my my playfulness Maybe this activity is about courage. How can I practice tapping my courage? But like every activity, maybe this activity is about patience How can I use this activity to practice breathing into patience and into mindfulness into In appreciating even the details, whatever it may be Every activity has a strength has a blessing to it that Fuels your growth the growth that actually matters the deeper growth Not the audience building and the client getting and the sales of course, but here's the thing if you are able to breathe Virtue Into the activity at hand What happens is you feel fulfilled as you do that activities like yes, this is growing my courage Ah, yes, this is growing my sense of play. Ah, yes This is growing my appreciation of detail of my learning how to appreciate the details or whatever may be Then if you do that It's a practice every day of personal growth, right? So first of all, it's worthwhile for your eternal soul Okay, but secondly You'll learn to enjoy that activity. It's worthwhile in itself and you'll learn to enjoy it because it feels fulfilling that you're growing and Therefore you're more likely to do it more consistently. It's no longer a chore It's no longer a means to an end, but it is itself worthwhile to know. So then if you do it consistently Here's the ironic thing if you do it consistently because you find the fulfillment in it You do it consistently You naturally get better at it and then more naturally you get better at it the better the results tend to be So it's the funny thing is ultimately it does get you better results, but we're not doing it for the results We're doing it For the activity and the personal growth within the moment right there So I hope this is helpful. This is essentially like I said the the core of how I approach all my business tasks And that's why I mean that's why you you see me show up consistently because I don't show up because oh I get to make more money I mean it happens Of course money-making happens, but it's like I get to show up because How can I practice more virtue in this in this hour today because that's the other thing I I'll leave you with I'll leave you with is is this idea that none of us know when we're leaving You know one of the The reason why I changed my business so dramatically Back in 2014 2013 was because I went through the spiritual transformation where I I kept asking. I don't know why But the question wouldn't leave me and the question was What if I had six months left to live? What if I had six months left to live? I don't know why it wouldn't leave me, but it wouldn't and that made me reflect very deeply and say my god I don't want to be caught dead trying to send another email to make more sales. That's not what I I don't want to be caught dead trying to make a video to persuade people to buy or whatever No, I I want to be caught dead doing this thing with love Or Trying to bring more play into this moment. I want to be caught dead doing that And we don't know when we're going to be caught dead, but we know that we can bring that deeper authentic presence into this moment and if we do I mean I'm grateful that essentially my life has become like heaven over the last five to seven years Because of this continual practice and because of this continual practice I've gotten better and better and better at what I do Which tends to create better results as well, you know that my business is doing very well today and I have the The experience of fulfillment that is really what I was after all along So I hope this is helpful. I hope this is inspiring for you I I wish you Joy in practicing these things so as always I'm really open to your comments and questions below I'm taking a look to see if I can find any Comments and questions from those who are joining live here So feel free to add a comment below and I want to thank Richard and Lisa for joining me and Kristen as well You know Kristen says this feels similar to what I learned through a natural disaster so yeah sometimes the hardest experiences if we're Especially once we get some distance to to it and look at it look look back at it We can try to extract the blessings from it trying to extract the gifts. So thank you. All right for those of you Don't know who I am. I'm George cow. I love talking about how do you build a business? Like this way from a more authentic and deeper place that Naturally results in in a better business. So all right be well. I'll see you in the next video. Take care


We are on kickkick.com We are live by the time you see this we probably won't be so just leave a like comment subscribe turn on your post notification bells Let's continue to grow the family from Chicago to the UK Shout out to the UK remember man y'all out here saving some of our lives We're showing us love like me myself, you know, I could have went down a numerous amounts of paths But instead I sit in front of the computer and I watch UK content with y'all all day People myself out of trouble appreciate it With that being said if you miss the live, this is where it will be this site right here. Don't forget. We got a new merch out You get me these are cheaper teas These are more expensive teas that will will stand the test of time and these are hoodies and these are couples Put your tea in me pause That's a ill slogan that's crazy that I just said that my bad Discord don't forget we got the discord as well the link to this will be down in the description It's something in my description called a link tree. Click it All of my socials everything I got going on go come on Simple as that man. This is eight worse towns and summer set UK Okay, now six months ago. This is by turd towns. You know me I'm dropping subs if I watch you one time we sub it and like and it don't even matter Let's get into it disrespect Hello to the thousands of new subscribers and viewers from around the world. Hopefully not just the UK This is no America, Chicago, Florida You get me a new channel, but expect regular uploads starting in January. So subscribe for more I'm here to guide you on the parts of the UK that aren't really talked about London shunned in Cambridge shame bridge Bath you're having a laugh. Never heard of just 16% of England's population lives in London So to see the rest you've got to leave with the crazy house prices and holiday prices going on in the UK right now I want to show you that you can still nab a bargain But you may want to avoid the places on this list and if you live in or grew up in any of the places on the list today Let us know your experiences of living there Let's first of all take a look at the worst places to live in my home county where I grew up in Somerset Which is an area known as the West country This is a collection of counties in the west of England To many of you This is just a green blur that you speed passed on the M5 motorway to Devon and Cornwall It has a reputation of being nothing but farms Somerset has some beauty But it tends to be overlooked because it doesn't have the golden beaches of Dorset, Devon or Cornwall But it is an excellent gateway to those places and life tends to be a bit slower here So if you're on the move nice little pier nice little Ferris wheel or just interested on where to avoid on holiday Stick around because each of my so if you're on the move or just interested on where to avoid on holiday Oh It's moving backwards. That's a horse going back. Okay, stick around because each of my picks on this list is here for a bad reason Let's get into it.  It's all right It's okay It's a really weird place. It's pretty small with a population of just 13,000 It's also pretty isolated. It's barely even Somerset. It's only about three miles from the Devon border On the surface of it. Chard looks to be a pretty nice place Both times I visited the weather was sunny and when the sun shines things don't feel as bad The high street has some nice old buildings It's also got a reservoir and it's not far from the south coast and places like Lyme Regis But like a prepubescent spot you just have to dig a bit deeper for the past to come flying out Chard is a place which has high crime rates, which is pretty insane for the size of the place with a crime rate of 77 in 1,000 this is 22 percent higher than normal rates. That's cuz nobody is nothing to do You gotta be bad to entertain yourself Don't know what it is Violence and sexual offenses are the most common in Chard It's the second worst for crime for its size in Somerset. Chard apparently used to be much rougher I'm not gonna go too hard on old charred because it isn't a nice area And there is potentially gonna be a new train station to help it feel a bit less isolated House prices are cheap at only an average of 226,000 But the statistics don't lie and charred has more crime than most places its size. It does look okay on a sunny day though Number seven Glastonbury Yes, there is a town called Glastonbury, which believe it or not World's famous festival is named after because you guessed it It's in some fields several miles away the festival is actually closer to the town of Shepton Mallet So that's a failure right there Glastonbury has made the list today Not because it's particularly bad and no offense anyone who lives there, but I'm not sure it's everybody's cup of tea This small town on the Somerset levels has a population of 9,000 no offense I could never live in these small towns. I'm not a small town person. I cannot do it I'd be so bored I can't like no From the distance it has a great look as it's built partially on a hill and has the world's famous Glastonbury tour behind it from many angles I recently looked up by in a house here because I quite like the place, but I was shocked by my research Glastonbury tops the latest crime figures for small towns in Somerset of a whopping 102 crimes per thousand residents last year Most crimes were either anti-social or violence The main population 97.8% white and you'll find a similar sort of figure to most of the towns on this list Most crimes were either anti-social or violence The main population said that's hilarious. She's definitely van living too So it's 97.8% white and you'll find that's a pretty similar sort of figure to most of the towns on this list Yeah, if you're looking to get a job in Glastonbury think again Glastonbury has terrible unemployment rates at close to 10% How much of that has been caused by the pandemic we'll have to see This is primarily a place which relies on tourism and reviled it throughout the pandemic that people suffered Oh, yeah, and there's no train line so you can feel a bit isolated here Along with this the house prices averaged at 259 thousand last year which whilst not terrible There are a lot cheaper places on this list You would expect to pay a bit less for the most violent small town in Somerset The main area to avoid is the Brenton Hill area which reported the most crimes last year The main reason for Glastonbury's inclusion on this list is the eccentricness of the place Most of the town's residents looks like they've been left over from the last Glastonbury festival Aging rockers lined the pretty main street from top to bottom Just kind of sitting down waiting for the next festival to take place It doesn't bother me, but I know some people may not quite vibe with this There are absolutely everywhere and the shops cater to them They're certainly on the quirky side. If you like crystal shops, this is the place for you No man not going Not going cuz like I don't really like I like people but like certain kind of people is gonna bother me Like and when I say that I mean the people that they catering to letting them walk in the shop They homeless like yo, yo I Get out get away who in its favor It has a lot of shops for a place of its size and it also has a massive retail outlet called Clark's Village Which is quite close by Glastonbury itself is quite nice to look at the place Not the people who live here and the surrounding areas are nice, too Glastonbury.  You're just a bit weird. There was no other place in England like Glastonbury Number six Recently voted as the worst place to live in Somerset falling 541 places in just 12 months. It's Yatun Calling Yatuna. No, not hippies. I like hippies, but like it's it's like I Know what he was talking about when he was saying the town to start with feels like a stretch It's essentially a road not that you can actually see the road for the bumper to bumper Consonant stream of cars built up through it. There's really nothing here No banks one small supermarket and a rugby club where most of the players and spectators are either in a relationship related or possibly both If however rugby is not your sport of choice You cannot for train spotting or wife swapping to its credit the train station has great links But I've wagered most of the traveling is outwards not inwards Guaranteed if I moved to any of these towns in Somerset Somerset, I'd be the most popular person guaranteed Without even trying you don't have to know nothing that I do in real life.  There's nothing relaxing about visiting this place And at the end of the day, it's just a cycle path. There's got to be something more to life There are currently two new housing estates on the outskirts of Yatum So I hear you say the place is building upwards then No, it's just that nearby places like Kingdom and Kongsbury have both ran out of space and have used Yatum as their overflow And with the average house price of 323,000 you would he can now stay in Yatum He hates Yatum expect there to be something to do past 5 p.m Somehow Yatum is the most expensive inclusion on this list Which is laughable because the place is literally nothing. It's so dreary. Come on Yatum All somebody got to do is go to these places and open up one bar Just open up a bar That feels urban city like You know I'm saying like open the bar and it's gonna bust. Everybody's gonna go there. You're gonna make a killing I don't understand There's nothing here. There's nothing to like about it apart from when you leave the place It's hard to know which direction Yatum needs to take Do they need to build new infrastructure to allow for the amount of new residents making themselves bigger in the process? Or do they rest on their laurels as a small picturesque town tried to push this agenda more? I'm for no when I come to the uk. I'm finding me a little town to open a bar For the low i'ma call it tlo's Either way whatever they're doing now it's not working a simply dreary and boring pointless place to live Number five mine head wait mine head. That's supposed to be pretty nice, isn't it? I hear you say people come on holiday here from the middle of england and a boast of butlins and one of the very few sandy beaches in summer sir, that's a beach Well much like many of the uk seaside towns you have to walk off the promenade and see the real mine head Okay, so pretend this is your car Your intro. No, thanks. I don't want to be too bad as some of the later entries in this list But it's not exactly a great place for a holiday This seaside town for a population of 12 000 is also nestled between xmore and the quantuck hills both known for their beauty Is them wild horses? Mine head itself is poorly stocked with shops considering slow down car how isolated it is And don't go thinking you could do a shopping elsewhere Your nearest option is taunton, which is 25 miles away And that leads me on nicely to talk about transport This place sucks when it comes to getting around You really only have two choices the a39 or the a358 And they're both windy small and in the summer you've got no chance A 25 mile journey can easily take an hour in the summer Mine head does have a train line, which you might think would ease the congestion on the small roads in the summer But I feel like every day The bar would be bustin every day and be packed No, they can't be bothered to open it properly and it just runs steam trains in the summer It's almost like they enjoy you being stuck in your car In the winter mine head is depressing Much like many of the uk seaside towns, which pretty much closed down altogether And then in the summer everything opens right up But as a resident you would have to deal with a bunch of boozy stag dues All of this boozing has led to a slightly higher crime rate than the rest of the county County at 63 crimes per thousand people When butland is closed for the winter you can expect to find a bunch of miserable old people It's minehead tops the list with the highest percentage of people over 60 at a whopping 41.5 percent It's not cheap living or evil with the average house price coming in at 278 thousand I wouldn't be able to borrow here, but like the past ones that he named definitely Whilst the wages here are okay, you have to factor in the petrol prices If you live in minehead, you're gonna have to use your car a lot For hours a day, which pretty much nullifies the higher wages In closing it's okay here for a day out, but I certainly won't want to stay any longer Number four yoval Yoval is affectionately known as yo vile by locals and there's a good reason for that This isolate town has a population of 45,000 people and they're all just stuck here Yoval is seriously isolated being smack bang in the middle of bigger places like Bristol, Bournemouth and Exeter See this is where I would open the bar Yoval All of them would take more than an hour to reach And that's if you're lucky and don't you dare think twice about trying to catch a train out of here On the way to Bristol the train will be stopping at fields and bowls clubs as it seems anywhere with more than three houses Must have a train station for some reason and if you missed the train you're screwed It's a three hour wait for the next one The town itself is nothing there are definitely uglier places on this list, but yoval is incredibly bland The people of yoval aren't exactly respected. It wouldn't surprise me if the term chave originated here And to go along with that it has a crime rate of 118 crimes per 1,000 people almost 50 percent higher than the Somerset average But you can't blame them too much There's just nothing to do here and because you're committed to living in the middle of nowhere house prices are good averaging at 225,000 which is 34% lower than the Somerset average Yoval used to have a football team in the football league the only one in Somerset But even they were relegated out of the league now They also have a 24 hour mcdonald's. Sorry. I'm clutching at straws here. Yoval Number three Taunton number three on this list is taunton now the fact that Somerset council Imagine being a 24 mcdonald's 24 hour mcdonald's is a selling point for your town Granted 24 hour mcdonald's is our clutch but like That's what i'm moving to the town for Hatch based here is likely the only reason that the town center isn't completely horrible and that there are good shops and great transport links But even the powers that be can't stop it from officially being the most violent town in Somerset with 93 crimes per thousand powers That be can't stop it from officially being the most violent town in Somerset Tk max I thought that was tj max. We got tj max is here or in chicago With 93 crimes per thousand people 37 above the southwest average the highest type of crime is vehicle crime And that's likely because everyone is in a shorn of the dead like scramble to get away from the place And this probably accounts for the awful traffic in and around the area too If a town saving grace is its service station You know you're pissing in the wind and you may as well be as this is the middle of nowhere Taunton just has so much potential to be lovely and it lets itself down at every step The town center of small homely businesses could be fantastic if it wasn't for all the boarded up shops and the overweight men Hanging out of the bookies the parks and walks like vivory and lingford could offer a nice relaxing walk If it wasn't for the increased chance of coming across one of the people involved in the excessive amount of drug use in taunton Recently in the news a london-based drug dealer was caught smuggling five kilograms of cocaine and heroin into the area Now the place may need a bit of livening up, but not like that Once considered quite an affluent and posh area. It's like a little bit of livening up But not like that not five keys worth of livening up, huh Like taunton of recent years can't quite decide what it wants to be Half the population still cling on to the middle-class reputation Whilst the other half have overly embraced their decline and they've taken it to plummeting to new lows Even a store called bargain buys closed down in 2021 when that happens. It really is time to re-evaluate your lives Good things come to those who work He genuinely hates this summer such place. It's okay because he's from there. So he can I guess The bridge water Just avoid this place like the plague because if you visit here, you may catch something Bridgewater has tried hard to push an agenda of change and improvement But stacking up some new cardboard townhouses on the outskirts of this dump doesn't do much for improving this town's image Bridgewater has always had a negative reputation It mostly just smelt bad and I mean really bad The town was dominated by the smells from a local cellophane factory, which luckily closed its doors in 2005 Talking of closing there used to be a water park called bridgewater splash Which was the only reason anyone from outside of bridgewater ever visited But that was also closed because that would be too much fun This town of 41 276 people is squash next to the m5 motorway And I expect most of you have sped past here in an effort to get away as fast as possible The town is filled with filthy looking terraced houses brown factories and even browner rivers The town town do look brown as hell The town centre is the most depressing pressing place you could ever visit These trees and even browner rivers The town centre is the most depressing place you could ever visit is the worst on this list Most of the shops are closed down and groups of young men hang around the centre doing nothing When we visited here to take some drone shots a group of people approached us saying they love drones Because it's what they used in prison the people of bridgewater are an interesting bunch I've only ever seen people like this in one other place and we're going to get on to that The people here don't have a lot to do so naturally crime rates are pretty high for Somerset Coming in at 124 crimes per thousand people with most crimes being anti-social or violence It's the most violent medium-sized town in Somerset Bridgewater is also the youngest place on today's list with only 22 percent of the town being over 60 And there's a good reason for that one of the only positive for a bridgewater is that the houses are cheap The average house here is only 210 000 So I guess you could buy somewhere pretty nice on the outskirts and never venture into the town centre Just jump straight onto the M5 and escape An alternative escape plan is to catch a train with good regular services between Bristol and Taunton This is one of those places that the young people from Somerset are forced to live in due to the cheapness of it But every single one of them can't wait to leave Also be prepared for everybody to spell the name wrong the bridge part doesn't have an E in it Bridgewater might not be number one but it is the most depressing place on this list Number one western super mayor I was torn between western and bridgewater for the worst place in Somerset That was until one massive fact came up which could not be ignored Western is very similar to bridgewater in many respects The town centre is depressed. Got a three-part name. It's crazy Fishing chips though The choice of shops is poor and the people hanging around the town centre all look like they've seen better days Differing to bridgewater though, western has the highest definite diversity in Somerset of around 95% of the population being white It's still not a lot But it's a fact we needed to include because people apparently care about that sort of thing Western super mayor is also the largest place on this list with a population of around 80 000 people And it's on the sea. It used to be a popular tourist destination in the vict- Those are asses Jackasses boring times Let's get the good stuff out the way first Houses are cheap If you're young and looking in the north Somerset area, western is likely to be the only place you can afford with the average house price 250,000 It's not the cheap. I can't afford none of this List on this list But the closer you get to the city of Bristol the more it goes up And western isn't too far from Bristol And if you do end up buying here, you don't necessarily need to ever visit the town centre Bristol airport isn't very far away which can save you on airport parking And the nearby resort of Breen can be fun if you have small children But that's where the good news ends. I'm afraid I'll build up to the worst. This looks I mean, you know what I'm saying See me personally like I couldn't it's so boring The towns are so boring the video is almost boring. That's how boring these towns look to me It's part of western but first Western is a nightmare to travel around in the summer The nearby m5 is always jammed up at rush hour and the alternatives aren't much better Every friday, there's a crash on the motorway between Cleveland and western same in florida I'm not quite sure why that is Maybe people are crashing deliberately because they don't want to go home to their bleak town But the summer is the absolute worst because if it's a sunny day people flock from all around to come and see western sandy beach Except it isn't sandy. It's just dark mud In fact, the only thing darker is the disgusting water which washes alongside it And if you do want to get in the water for some reason good luck, you'll be stuck in the mud So the roads and the beach like quicksand you got to go for a mile in and get in the water Which is bad, but what else western does have a train station But since the pandemic trains only seem to be running hourly and the service wasn't exactly reliable in the first place It gets worse in 2010 western was home to 11 percent of the entire country's drug rehabilitation centres Which meant an influx of new characters to western Never in my life. I couldn't move there.  So I'm gonna call him that Hey Presumably the western locals were not given a choice in this matter Which leads me on to western's worst part the reason it's number one on this list and the reason you need to avoid this place It's not enough for western to be the drearyest looking place with the strangest looking people No, no, it also has to have the second worst crime in summer set on top of that Western has a crime rate of 90 per thousand people 33 higher than the summer set average Yes, taunton is worse, but I think taunton has more going for it overall So western has is there a lot of nitties in miami has a really High crime rate, but it's just a dump. Yeah, that's not I don't that's a yes. There is It's a terrible town center. No good shops No, we're good to eat and it's bad no matter what time of year you choose to visit Avoid this place like the plague because if you visit western, you're going to catch something for one of the locals Okay, well, I will stay away. Thank you for the informative information Uh tlo leave a like comment subscribe turn your post. I'm going


It's theCUBE. Here is your host, John Furrier. Hi, I'm John Furrier, the co-host of theCUBE with David Floyer, CTO of Wikibon, also CUBE host as co-host as well. We are here live on the ground at VMware's event. And David, we heard VMware roll out one of their big announcements. All the press corps was here, top analysts. Pat Gelsinger brought two customers, Jeffrey Moore, Quinton from the New York Times, big writer. They rolled it out, they're pumping out heavy. Big announcement, very foundational, very geeky. So it's not a lot of pumping circumstance other than bringing the core people together. Big vSphere six announcement, got a lot of NSX, V-Vol's in there, vSAN, vCloud Air, all this is going on. Break it down for us. What the hell's going on with VMware? Is this a land grab for the software defined data center? What's your analysis? Well, I thought the initial discussions that they had today on what disruption was were very interesting. If you can make, if you can release resources, that's a good thing. And that's what VMware did at the beginning. They took cycles and made them available to other people. And they're trying to do the same thing with NSX, with networks, and they're trying to do the same thing with networks, with the storage as well. So it's a very ambitious objective they have, and it's a very worthwhile objective. Are they going to succeed? This is a very, very ambitious program that they've got. Are they going to succeed? Well, the question is, if are the benefits that people are going to get from this better utilization worth the increasing cost of all these layers of software which are coming in? That to me is the key question. The question is how they consume that, and that's going to be interesting, because there's a lot of variety of different EMC. You've got a little bit of this, now you've got VMware. So all that's kind of coming together. How do you make sense of that? Absolutely. Well, let's go down some of the things, for example. I mean, some of the things, they're well ahead and really doing very well. So NSX itself is really good technology, and providing that across a private cloud, a public cloud, and a hybrid cloud is good news. There are many, many people who will want to do that. Long term, the question is though, is that the right place, or do you want to be able to keep your NSX or your virtual cloud or virtual communication separate from the other things and have that going across a broader range of things? I'm not sure whether you will want to tie it in to vSphere as your only foundation. You might want to put it on your open stack as well. So there's some interesting extensions I think they'll need to make to NSX. Looking at some of the other things, good announcements on vSAN, good announcements on vVols, but to be honest, they should have been two or three years ahead of where they are now. I mean, they're really... They're late to the game. They're late to the game. I'm sure they'll do a good job, but they were definitely held back by EMC and they put more resources into making the old stuff work. Why were they held back by EMC? More of a legacy, Federation, Command? Yeah, the emphasis being on getting the old V-Maxes and everything else to work with it. Instead of going full head and saying, again, how can we disrupt this? How can we add value? So that was a boat anchor for them, kind of dragging them along? Yes, yeah, but now it's out and I think it's going to be flying well with vSAN and vVols is still a long way off, but those are simplifications. Those are ways that people really will be able to make a difference. And what are the other things then? There's open stack. Distribution of an open stack. That's interesting, isn't it? What's that old Microsoftic saying? Embrace and extend.  You're going to embrace and extend open stack? Open stack is a thin layer, isn't it? You know, it's cheap and thin. And... Why not support it? Well, support it. But they're supporting it by putting this huge, great heavy layer of all the things on top of it. I'm sure there'll be CIOs there who want to say, I'm supporting open stack and do it nicely through VMware. I'm not sure whether the people who are going to open stack will want to put that amount of software on top of it. It's like when I go to Boston with Dave, that people always want their lobs just cut up for him. They don't want to take the meat out of themselves. That's kind of what that is. This is like, here's an open stack. You can just do whatever you want with it. Exactly, yes. I mean, open stack's a heavy lift. I mean, it's a hard... Oh, no, no. It solves the short-term problem. Which is easy to use. Here's some open stack. Bang, done. Here you've done it. The trade-off is bloated software potential. Exactly, yes. I mean, you're going to have to put a lot of software on top of that to... That's going to be their challenge. How can they innovate on that? Do they make it more modular? Or how can they reduce it? Make it, as you say, more modular. A thinner layer on top to reduce the cost. Make VMware simpler in itself. And I think the last thing, I think, there were some really some... A whole lot of very good individual announcements at a detailed level. One of the ones they spent a lot of time talking about was remote... Vemotion. Vemotion. Which is... Sounds fantastic. That's the Holy Grail. Holy Grail. But, you know, the speed of light still exists. So what they didn't say was, what are the limits of that?  Can you do a large terabyte system and take that several thousand miles? I don't think the answer to that is yes. So they didn't put some constraints on when and how that might be used. Well, we talked to some Oracle customers that are using Infiniband, they're using some other things to move datasets and replication across them in real time. Sure. They're talking about across the globe, right? Yeah, well, it only becomes of interest if you're talking longer distance. Now, sure, there's a lot of use of that technology actually within the data center itself. And that will be really, really good. So it's not saying it's bad technology, but the idea that you can do it over thousands of miles. So I got to ask you the question because you're technical. We were at the Google event, Google Compute Platform Summit, whatever they had. Great event. And we were reading the tea leaves and Google has their own peering network. They have a lot of dark fiber. Pat Gelsinger and Bill Fathers are saying the networks the holy grail. What can they do to get out of this Netflix problem? That's what I call the Netflix problem. People on their couch can realize what happens in Netflix. Service providers got to traverse the packets across multiple networks that's paying the butt. So why not just own your own network? So that's interesting. Do you think that they will have an opportunity, VMware, to own their own network either with partnering with service providers like Google and others? Is it possible? I think they will go down a slightly different route for that. The key is getting things close together that matter if you want to share the data. So if you have a mega data center with VMware or VCloud Air or Amazon in it, and you can put your key application outsource your key applications to or co-locate those key applications to the same place, now the world becomes a whole lot simpler because you can go locally at whatever speed you want and it becomes real. So I think it's going to be increasing by industry mega data centers which are where people are going to put their co-location and their VCloud Air and other VCloud services relevant to that.  Oh yeah, it's a tremendous lot of individually good things. The only area that I'm in slightest bit, I mean it's very ambitious as well, but there's a lot of eyes and tees to cross to get to that. Getting the details. Getting the details. All right, so I got to ask you the fundamental question for the ecosystem which is a big part of their world. VMware ecosystem, they have their partner exchange going on here this week in San Francisco. What does VMware need to bring to their ecosystem? And what is that ecosystem evolving into? I mean you've got service providers now enterprises they got locked and loaded in there, clearly a good install base. But what's their ecosystem look like and what do they need to get delivered to them from VMware? Well, I think they've got that. True question. Absolutely, that's a long question. You're the burning bush right now. Come on, deliver it. And if Pat needed the answer to that, he would have told you already, wouldn't he? He kind of didn't answer the question. No, well, I think the network. He said the network. The network, well, the network needs to be solved. And I believe that the way to solve the network is to reduce the impact of the network as much as possible. He's absolutely right. He's got to focus on doing that and getting vCloud air into it. But I think overall, you're looking at an environment which is going to go increasingly towards the cloud. The cloud is not going to be sustained, that level of software, and that cost of software. You're talking about the bloated layers of software. The bloated model cannot survive cloud, that's what you're saying. So they have got to come out with a way that's going to help service providers put in the vSphere, the goodness of vSphere, in a much reduced layers of complexity and at much lower costs. And if they solve that problem, then they're in there for the long haul. That's what Quentin Hardy was trying to tease out on the panel around disruption versus legacy, or he didn't necessarily wear the legacy, status quo, they're old. Exactly. They have a big install base. Yeah, exactly. And they should service it. They have to. It's really going to build them up. Okay, this is theCUBE. John Furrier, David Fleurier on the ground in San Francisco covering VMware's biggest release in their history for vSphere. As Pat Gilkin said, VMware's on the march, great earnings, great sales kickoff. Things are pumping, they're all cylinders pumping. More importantly, they got competition. The competition is out there. David, final word to you. The heat in the kitchen right now for VMware. Is it hot and who's around them? It's hot. But the people around them are people like Microsoft with Azure, people like Google, a bit slower coming up, and a myriad of service providers and software as a service providers who need the lowest cost, cheapest infrastructure to be delivered. And that's where in the long run, they have to survive. I say no cost structures, not low cost structures is the answer. If they can get to that, marginal cost would be zero. This is theCUBE. Keep watching. You're going to see us at VMware. Obviously we'll be there again this year. Obviously we're going to go on the ground at the partner exchange. Keep watching SiliconANGLE.TV and of course theCUBE. I'm John Furrier, David Fleurier, signing off here in San Francisco at VMware's launch. Thanks for watching.