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tv   Business Today  BBC News  May 21, 2024 1:30am-1:46am BST

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our north america business correspondent michelle fleury has all the details. the future of the pc may be here. microsoft announced new conversational artificial intelligence features for windows pcs and a line of surface tablet computers. one of the features is dubbed to help you find anything you viewed on the pc in the past. there's also a live translation of 44 languages, and something for creative times — for example, in microsoft paint, it draws an image based on your sketch. these are all powered with new ai chips to deliver longer battery life, and all this matters because today, most ai software runs in the cloud, which uses a lot of energy. being able to work on the device thanks to more processing power, that not only improves the data security,
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it's also more climate friendly. microsoft is hoping its new ai checks will help kick—start a new era of pc sales. sticking with al — a global summit on artificial intelligence kicks off in south korea's capital of seoul on tuesday, focusing largely on al safety. this follows an inaugural meeting held in the uk last november. i spoke to industry expert wei sun about her expectations from this summit, but started off by asking if she thinks microsoft's new pcs will be a game—changer. i think it's a big moment for not only microsoft and the pc industry, but also shows the ambition and capability of incorporating the ai pc, so everyone can have it anywhere. it is a big change. return back to the summit, what will be the main focus of these meetings in south korea? i think the government and the countries will need
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to collaborate on consensus on al framework, especially for legal frameworks. so everyone can collaborate better. also, you mentioned microsoft, last week about google and openai. how transparent they can be when they are developing a frontier ai model. that's a big problem and that is a big issue to talk about, in my opinion. it is moving fast. a lot of announcements lately. we've just seen the microsoft and chatgpt. this presents more challenges to keep up? yes, and i think the policies are lagging, but with al progress, it needs to speed up and countries need to collaborate to make sure that everything is bringing the beneficial side of societies. regulators will be interested in protecting consumers and the ethics of ai. is ethics something corporations are also
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working towards? i think some of them are, but there's no enforcements, there is no agreement on that. i think it needs to be discussed on the top level, and then it can be implemented on a much finer level of the ai deployment. meanwhile, openai says it will using one of the voices in its chatbot after users said it sounded like that of the actress scarlettjohansson. del michael willard paul was using. the company said the voice, used in chatgtp and called sky, was not an imitation ofjohansson�*s, but based on that of an actor using her normal voice. however, openai acknowledged the similarity raise questions it would address while the voice was suspended. johansson�*s voice featured in the 2013 film "her" as a phone operating system. in other news, the indo—pacific business forum is about to get under way in the philippines. organised by the us trade and development agency, it connects businesses to government officials and
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financing sources. the development of economic corridor the south—east asian country will be closely watched. it falls under a us initiative touted as an alternative to china's belt and road. amos hochstein is the advisor. this is the largest it has been any highest level and i am here representing president biden because the importance of the indo—pacific for the us economy for the global economy in general but specifically the growth of the us as we focus on supply chains and strengthening our economic relationships with countries in this region and chief among them, the conference in manila, where president bidenjust met conference in manila, where president biden just met with trilateral meetings with the white house with other prime ministers. we are here to follow up on that to make sure
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that we can have those investments under way as quickly as possible and to see how we can connect american businesses together with the indo—pacific here in manila. how are you getting on with that? the economic corridor announced last month, any development there? we announced last month, any development there? we are very excited about _ development there? we are very excited about this _ development there? we are very excited about this corridor - development there? we are very excited about this corridor and i excited about this corridor and what this means is you try to look at how do we prioritise investments in the infrastructure necessary to drive business. businesses looking to invest in the region, in the philippines, for example, need to make sure they have access to affordable and reliable energy, that the railroads, airports are functioning, the necessities are there and that alone, that investment alone could turn into billions of dollars in investment in advanced sectors and a varied number of sectors, whether in the microchip and a
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semiconductor industry, all the way to the agriculture business. the only way to have physical infrastructure to connect them to each other and the global markets, that is what we are announcing that the white house last month, we're here to follow up on that, teams on the ground working with business and government to identify how best to move that along and to identify the financing and lower cost capital to make sure those investments happen. fix, capital to make sure those investments happen. a quick . uestion investments happen. a quick question of— investments happen. a quick question of semiconductors. | investments happen. a quick - question of semiconductors. how will the philippines it fit into the grand scheme of interest to the us. i into the grand scheme of interest to the us. i think you have noticed _ interest to the us. i think you have noticed that _ interest to the us. i think you have noticed that we - interest to the us. i think you have noticed that we are - have noticed that we are zeroing in on semiconductors and chips overall. the philippines already has a number of important semiconductor companies here, including american ones. we were like to see that expand so that we can diversify the global supply of semiconductors. philippines happens to be a great country with a good government,
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relationship with the us, existing industry already in the semiconductors, so the more we can do to make sure that the cost of capital for additional investments, the access to the ports on the airports and the roads are there, that there is enough clean and reliable and affordable energy. for this business we need a lot of energy concentrated 21w. as we look to attract more investment into the semiconductor and microchip business, we want to focus on the surrounding infrastructure that will support those investments. in the middle east, saudi arabia, the middle east, saudi arabia, the largest export of crude oil in the world, is exporting billions of dollars on tourism. this is part of a strategy to diversify the economy away from oil. until 2019 tourism accounted for 3.8% of its gdp but they are looking to raise
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that to 10% by 2030. the bbc spoke to the tourism minister and began by asking him about how his country is trying to attract more international travellers.— attract more international travellers. ~ ., . travellers. when we launched the national _ travellers. when we launched the national tourism - travellers. when we launched | the national tourism strategy, it used to represent only 3% of both jobs and it used to represent only 3% of bothjobs and gdp, and we put a plan to drive this 3% up to 10% injobs and gdp by 2030. last year we achieved 100 million tourists, 77 domestic and 27 million travel from outside to come and experience saudi arabia. ., ., ., arabia. you mention that lasted 27 million tourists _ arabia. you mention that lasted 27 million tourists visited - 27 million tourists visited saudi arabia but the bulk of them were here for religious reasons. what will you do to ensure that more leisure travellers start visiting saudi
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arabia? that is the key if you want to grow this market. in 2019 almost 90% came from religious reasons. last year it was 50—50, aim to increase it to 70% of the 70 million that we are targeting to attract from international by 2030. we are building destinations, investing more than $800 billion to build a new experience.- billion to build a new exerience. �* ,., billion to build a new exerience. �* , ., ., experience. are you willing to ease restrictions _ experience. are you willing to ease restrictions on _ experience. are you willing to ease restrictions on alcohol. experience. are you willing to | ease restrictions on alcohol to attract more tourists?- attract more tourists? until today the — attract more tourists? until today the alcohol _ attract more tourists? until today the alcohol policy - attract more tourists? untilj today the alcohol policy has not changed. many people are travelling and coming to saudi arabia and enjoying the experience. arabia and en'oying the experience._ arabia and en'oying the exerience. �* ., ., ., experience. before we go, gold rices experience. before we go, gold prices have _ experience. before we go, gold prices have hit _ experience. before we go, gold prices have hit another- experience. before we go, gold prices have hit another record l prices have hit another record as investors for money into the safe haven asset. this risk aversion and sentiment comes
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amid rising geopolitical tensions and uncertainty over when the us federal reserve will lower the cost of borrowing. even inflation is still elevated. the price of silver alsojumped still elevated. the price of silver also jumped to an 11 year high. that brings us to a close for this edition of business today, back in an hour with more business news for you. see you soon.
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iam i am julia with the catch up. a 50—year scandal, updates from the middle east in a real—life shooting star. the nhs unknowingly exposed patients to unacceptable risks by treating them with infected blood, that
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is what it says in a report that went public today after a five—year investigation. it accuses doctors, the government and the nhs of letting patients catch hiv and hepatitis in the 19705, 805 and 905 and covering it up. ronan was like mother jane died after being treated with infected blood when she was 16. he says this was no accident and the truth is finally coming out. 3000 people have died and expose more deaths will follow. rishi sunak has called a day of shame for the british state and he has apologised and promised offer compensation to victims. some stories from the middle east now. the chief prosecutor of the icc is looking to get arrest warrants for the prime minister of israel in the leader of the's. they are in control of gaza who the government they are terrorist. the president of iran has been killed in a helicopter crash
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along with their foreign minister and six others. he crashed in heavy fog in the north of the country. we will leave you with ten seconds of this mysterious fireball, the incident has been flooded with videos after this lit up the sky over spain and portugal on sunday night. the european space agency says it looks like a small piece of a comet. that is it, you are all caught up now. have a good night. hello and welcome to sportsday. i'm sarah mulkerrins. coming up on the programme: in with the new for liverpool: arne slot is officially confirmed as the club's new manager in place of the departing jurgen klopp. with100 days to go until the paralympics in paris, a disability charity says it's "scandalous" more hasn't been done to improve
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accessibility on the metro. and reaching her peak — can imogen boddy get the better of one of great britain's toughest challenges in running? welcome along. let's start with arne slot, who says the opportunity to work at one of the "biggest clubs in the world" was "difficult to ignore" as he was confirmed as liverpool's new head coach. the reds had already agreed a compensation deal worth £91; million with feyenoord. he replacesjurgen klopp, who had been in charge of the club since october 2015. here's our correspondent andy swiss. he wiil officially start
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at liverpool onjune the 1st, after they agreed a deal worth more than £9 million,

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