Rony Abovitz

Imagine you are walking in China, and all the billboards are in English. And at the restaurants, as the people are talking to you, there are live subtitles. You don't even realize you are in a computer; it's just happening.

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.