Obama Finds Robots “Scary,” NSA Not So Much

Obama Finds Robots “Scary,” NSA Not So Much
White House (Pete Souza) [Public domain]

As major technology companies such as Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) grow drone and robotic divisions that look ever more threatening at replacing human jobs and military functions, complementing a questionable NSA cooperation program that remains in the shadows and could be damaging if it fell into the wrong hands, President Obama viewed a Japanese robot demonstration Wednesday with awe with a slight dash of terror.

Play Quizzes 4

“Robots scary”

“The robots were a little scary,” Obama quipped after viewing robots playing soccer, saying they were “amazing” but also disconcerting. “They were too lifelike.”

Morningstar Investment Conference: Gabelli Funds On Where To Invest Amid Inflation

InflationNumerous news headlines have trumpeted major concerns about inflation, which has been at 40-year highs. But how should investors handle inflation as it pertains to their portfolios? At the Morningstar Investment Conference on Monday, Kevin Dreyer, co-CIO of Gabelli Funds, outlined some guidelines for investing in the age of inflation. Historic inflation Dreyer started by Read More

The president was interacting with a humanoid robot named Asimo, who conversed with Obama in English before jumping up and down and kicked a soccer ball to him, according to a report in the Wall Street Journal.

Touring the National Museum of Emerging Science and Innovation in Japan, Obama said his jarring experience did “show the incredible breakthroughs in technology and science that are happening every single day.”


Obama cites “technological cooperation”

Then Obama made some rather odd remarks.  As technological competition is a matter of national security, and Japan, the US and other Asian nations have accused each other of corporate spying in the past, Obama noted “technological cooperation,” saying “Japan and the United States have historically led the way in innovations that have changed our lives and improved our lives.”

This may be true, but it wasn’t always done with technological “cooperation.”

(Photos WSJ.com)

Updated on

Mark Melin is an alternative investment practitioner whose specialty is recognizing a trading program’s strategy and mapping it to a market environment and performance driver. He provides analysis of managed futures investment performance and commentary regarding related managed futures market environment. A portfolio and industry consultant, he was an adjunct instructor in managed futures at Northwestern University / Chicago and has written or edited three books, including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008). Mark was director of the managed futures division at Alaron Trading until they were acquired by Peregrine Financial Group in 2009, where he was a registered associated person (National Futures Association NFA ID#: 0348336). Mark has also worked as a Commodity Trading Advisor himself, trading a short volatility options portfolio across the yield curve, and was an independent consultant to various broker dealers and futures exchanges, including OneChicago, the single stock futures exchange, and the Chicago Board of Trade. He is also Editor, Opalesque Futures Intelligence and Editor, Opalesque Futures Strategies. - Contact: Mmelin(at)valuewalk.com
Previous article Caterpillar Inc. Earnings Beat Estimates; UPS Disappoints
Next article The World’s 10 Largest Gold Producing Mines [INFOGRAPHIC]

No posts to display