Apple Glasses Incoming | US 40 Trillion in Debt | Power BI Mobile?

Hello everybody and welcome back to another video where we cover everything on tech, data, and AI. And in this week, we have a lot of interesting things, although a little bit different than previous weeks. The first thing that I want to take a look at is not something surprising, it's just shocking. It's that the US debt tops a record-shattering 40 trillion dollars. It says right here the federal debt topped 40 trillion Wednesday, a new high-water mark for red ink that shows no sign of receding. And yes, we were able to do this in just 5 months after we hit 39 trillion. Now, I don't think this is shocking, right? We knew that the government was just spending money like it's insane, but this has a lot of implications just for you and me and even people outside of the US because the US impacts a lot of the world. The first thing is that as the government borrows more and more money, people who are actually buying that debt or buying those bonds or treasuries or whatever it is, they're demanding more. And so, what that impacts is that the 10-year Treasury tends to go parabolic. And we can actually see this right here. This is our US 10-year Treasury, and it is going right on up. And this is pretty high. I mean, this is the highest it's been for quite a while. And what this means is that it's going to cost a lot more in order for you as the everyday person to borrow money. So, if you want to go and buy a house, interest rates on houses are like 7% right now. So, that is a big thing that it affects right away. It also tends to devalue our dollar. So, inflation just continues to go up. So, you know, I like purchasing food to be able to survive. And as our government goes more and more in debt, believe it or not, the value of our dollar is now worth less. So, now instead of, you know, spending $5 on a bag of chips, now it's like 6, 7, $8 for a bag of chips. It's insane. But, that is the world that we live in. This is not a political show in the slightest, but if you look back, this is not any one president's fault. Every single president basically back before Clinton almost, uh, all just keep spending more money. So it's not just one, it's all. Like the American government and the American people expect to continue to go into debt and every president says, "Hey, we're going to lower the deficit." And it just doesn't happen. And so this is not anything crazy surprising. It's just a shocking number, 40 trillion. When we hit 50 trillion, which at this rate, right, every 5 months, that's only going to be about 5 years. We're going to hit 50 trillion and I mean, there's absolutely no way we're going to start paying back this debt. Now, this is just a side note on what we were just previously talking about, but the statistical agency within the government that kind of reports on a lot of this data had a lot of cuts to it. Surprisingly, I mean, if we are going trillions of dollars in debt every single year, I don't know why we bother, you know, saving like $2 million on our statistical team. That's just shocking to me. And it says right here that the House of Education and the Workforce Committee are basically saying, "Hey, we need to talk about what staffing losses and leadership vacancies mean for the agency responsible for producing this data." And this data is not just, you know, a little bit of data. This is the data that affects a lot of change within the government. It says right here and you can read through both of these sections, but when we cut a lot of these jobs, it basically puts the agencies weakened and vulnerable position to meet rigorous production schedules and to produce relevant, timely, and accurate statistics for decision making and the public. And then right here is, "These agencies are vital lifelines for policy makers, businesses, and the public, producing basically the data that they need every single day." The government and the public run on a ton of data. I mean, just think of like the Bureau of Labor Statistics. We need to know data. We need to know if we're producing jobs, if we're losing jobs, in what areas because this affects a lot of people. Anyways, that was just a side note. Statistics is super important and you know, a total little plug here is I I created a Statistics for Data Professionals course. I'll leave a link down the description if you want to take it and learn statistics. Super important. Uh tiny plug. Uh but the next thing we're going to look at is this right here, which is Power BI. Now, I love Power BI. I've been using Power BI for many, many years. I also ran a team where we just use Power BI for everything. One of the things that I personally did not ever use, nor did I even know kind of existed, is that there's a mobile version for Power BI. Now, this makes perfect sense. You know, there are people that use phones and and whatnot. I just have never built or optimized for mobile in my life. It says right here, "For mobile, you can rotate the view in the mobile report footer." So, instead of looking at it like this, we now can see it like this, which makes perfect sense. I'm shocked that they didn't have that in the beginning. But the one that was even more interesting to me that it even needs to be a thing is this right here. You can export data to Excel in the Power BI mobile app. Why do we need this? Like sometimes I feel like companies and and Power BI is a great company. I like Power BI, genuinely. But sometimes they just keep adding things and I don't see how many people are even going to ever want to use this. Uh maybe you can do this and it'll be okay on like an Apple device, right? Because then you can sync it to your computer and, you know, you can go look at on your computer. But again, that just does not make sense. Why would I be downloading an Excel onto my phone to be looking at raw data on my phone? I almost would never do this. Maybe on an iPad, if you had like one of those iPad Pros. Um but this is like that's Excel is not for a phone. I've never used Excel on a phone, but I guess that's a thing. Um and so they added that. So, if you are a Power BI mobile user, no worries. Your dreams have come true. You now can export to Excel in the mobile app. I mean, that everybody wanted it. The very last thing that we're going to talk about today, and this should be surprising to nobody, is that Apple decided to lay off people from their Vision Pro team. It says right here, Apple slashes positions on Siri and Vision Pro teams. And it looks like they let go of about 60 employees from these teams. I remember when they announced the Vision Pro, everyone was like, "Whoa, we are about to enter a new era. If Apple's getting in on things, it means it's going to be big." And people were touting it saying, "Hey, I can open up three laptops while I'm on a plane, and I'm going to be able to do all this work, and I'm going to be super productive, and every employer is going to buy their employees these, so that when they're traveling they can have access to all their stuff, and it's going to be incredible." Um, but it turned out they were super expensive. Nobody actually likes wearing these VR goggles for like more than an hour, cuz they're very uncomfortable. And so, Vision Pro was like something that, you know, if it went perfect, it would just be, you know, okay. Like some people would definitely use it, but I have not seen anyone use in the past like 6 months. Like anybody in the real world. Before that, I had seen people using them, you know, cuz they were new, they were exciting, uh, you know, people wanted to try out the latest tech. Um, but it's not there. And I think what makes so much more sense are the AI glasses like the Meta Ray-Bans, but now Apple's getting in on that, too. So, there are rumors that Apple smart glasses are coming to basically challenge Meta Ray-Bans. Here are some of the things that you would be able to do. You'd be able to take photos with them, record video, listen to audio, get directions, ask directions, get descriptions of your surroundings, identify different things, make phone calls, live translations. And I am assuming in the future you'll be able to access apps and other things like that. This, in my opinion, makes 10 times more sense than the Vision Pro ever made, because this is the kind of thing that your everyday person, like me, could just use. I wear glasses. I mean, I'm not wearing them right now, but uh, I wear glasses, right? And so, some type of glasses like this that connects to my Apple devices cuz I have a Mac and I have an iPhone. That would be amazing, right? I don't get the Meta Ray-Bans because they're not going to connect to everything like I probably would want. They're just not something I'm super interested at the moment. Now, if Apple came out with something and they're reasonably priced like under maybe 7 800 dollars, maybe I would try them. I'd give them a go. But, the Vision Pro never made sense. they're losing jobs, but they are investing into these glasses, which again, I'm not surprised by. So, that is all we have for this week. If I end up getting those Apple glasses, I will 100% make a video on it because I think it's super interesting. I said a long time ago when the Vision Pro came out that, you know, if they looked like I could actually use it for work, I would buy it. I'd write it off for my business, of course, but I would buy it and I would make a review on it. And I just never did. I saw reviews for it. I watched lots of videos of people using it. I was like, I don't think I would ever use that cuz I just don't want to wear this thing over my face for, you know, hours and hours on end. Just doesn't seem like something I would do. But, if the Apple glasses do come out and they look like a good deal, I will get them. I'll make a review of them. I'll show them, you know, maybe on a video like this. But, you know, who knows what's going to happen. With that being said, that is kind of our news for this week. If you like this video, be sure to like and subscribe and I will see you next week.