to see how different places i want them to be this installation called protect the beat surrounds nelson's monument. it illustrates how awesome culture under attack, up to the end of april this year the you and this cultural body unesco officially recorded over 250 fault, and cultural sites have been damaged by conflicting with ukraine. the last time livable hosted a major international cultural event, it was when it was selected as a european capital of culture in 2008. and as it was then the city is a pause on the symbol of, of historic. yeah, here to live a pool, was this the yellow line, but not it is not being re painted. and the colors of the ukrainian flag, those organizing the events and installations across deliver to a clear why that doing this. we've on quite a whole program that has those emotions in it then also has the best things about

ukrainian culture or not. so that when they all reopen, what you know when that when they can go home, we can visit them and we'll have that. we'll set sky plain as the count done begins all that live at the new crane can say, is welcome. sit back and enjoy the univision experience of being united by music. so robin cultures, era livable the quick look at made stories and a 6 commander of the pot of sitting on group islamic jihad has been killed in a targeted his righty as strike. the attack happened in central gaza, at least $33.00 palestinians, and one is right. he has been killed since fighting stones hit on tuesday. thousands of others have been injured. heavy fi continues despite international calls for us. these are some odd one is following developments from casa in the latest hours, i've witnessed several ss of what it was written. it strikes at the many cities of

the golden strips, starting from the north bay plaza and the tunnel and, and a few injuries. wary for the by the ministry of health dispute garza from different a sites east and west north and and, and south. where i'll give you my days where it is strikes, no casualties were reported as well as the mid cities of the goals of the most say a lot and no casualties. also what he put it on the southern cities will because a sub. but if i'm standing, so what we're basically talking about the recipient garza eh, how big a targeted quarter and focused on this concept from a farm is m on con, 2 weeks fail. either lies pitch is coming to us now from the city of level by supporters of gather the outside cons residents. he's facing multiple charges, including corruption on 1st day of the supreme court, ruled his arrest was unlawful constitution spot days of protest by his forces. and now they have gathered outside his residence in the city of level

kentucky surprises into the opposition in lines and making the final pictures. devices will sundays. historic elections expect it to be the country's most tightly contested vote and is being held against the backdrop of a severe economic crisis. licensed opinion polls position candidate can all get it . i don't is just ahead of president of one of the headlines counting the cost is next to the journey of almost 10 years in which the shakonda award for translation and international understanding has become the most important translation award from to the arabic language in the world. the award announces that the nomination periods of 2023 starts from the 1st of march to the 31st of july. applications are accepted through the awards official website at w w . w dot h t, a dot q a. the, the

hello i'm adrian said again, this is counting the cost on i'll just say right here, we can look at the world of business and economics this week from the future of mankind to the future of jobs. advancements in artificial intelligence, raising questions about the threats from life as we know it. so could say, hey, i disrupt economies or transformed them. most of this week, germany looking for farm workers to tackle a shortage and skilled layouts. we explore whether reforming immigration rules will help to solve the problem. plus an electric vehicle price war is heating up. all consumers set the benefits could that's accelerate the switch to the battery operated cause it's seen

a small but scary. artificial intelligence has almost limitless potential. it can even generate new stories like bows, working by altar are lists for this program. for example, i could transform industries from health care to finance companies, a racing to develop the technology, but many are such as the fear that a i could pose dangerous to humanity. according for a pause and it's development, victoria kate, can be ripples. the members of the voices, bills of america, on the picket line, outside the netflix studios in los angeles. the union is sounding the alarm about advanced artificial intelligence, taking screen weiss's jobs. they weren't studios including disney and amazon to restrict it to use. i think they have to know they can't really do it at least right now, but i think that's what siri is that. who knows how this technology will advance. so we're trying to protect our rights now general receive a system such as chat g p t can engage and realistic conversations respond to

emotions, write stories, and various styles, and even compose music. jeffrey hinton is one of the pioneers of a technology. he recently quit his job at google speak out about it's dangerous. he wants a, i could replace millions of jobs we do to motion, but i think it's gonna be huge. increase the productivity. my worry is those increasing productivity. you're going to go to putting people out of work and making the rich richer and the for, for as you do that, as you might like, got bigger society is more move on in march. moving to 1000 technique is signed and open left to cooling for 6 months, more tory, him on development, owning the race to advance a guy is out of control. there are no independent safety protocols. and some analysts question where the texans can be relied on to make ethical decisions. they have a profit motive, and this motive doesn't necessarily align with some of the very tough decisions that may need to be made about

a i. and that doesn't really square up with the needs of a company that has, is responsible to its shareholders. suppose is if a technology say it will make the world better and safer, and that it's a solution to labor shortages. the critics, one regulation is urgently needed to ensure its effects are positive and the risks manageable. victoria gates and be for counting the cost as well in the report by investment bank, goldman sachs says that a i could replace at least $300000000.00 full time jobs and that will vary across sectors. 46 percent of tasks in administrative. what could for instance, be automated? i think a slight too low for legal professions at only 6 percent in construction and 4 percent of maintenance jobs will be affected. the bank predicts the technology could drive a 7 percent. that's almost 7 trillion dollars worth of increase in global ged paid . and it could live productivity growth by one of the hop percentage points over

a 10 year period. joining us now is joe had to get a job. joe had is a pop and chief technology officer for the u. k. and e m e, a region that to you, or at least an africa, a price waterhouse coopers. good to have you with this, joe had so 1st question. who set to make money out of a i to the question the haven't me. this is really boss movies. it's hard to understand. if i take that answering 2 ways. one is even technology, one of the business in the tech space. if i look at open a on what they doing, the sensitive providing. i'm kind of going press, but there are other places out a google map. and i'm about to be 2nd. why is a lot of i just holes. so i think it's unlikely there's going to be one thing that's going to drawing economic price. so i believe so i think it's, we're going to have choice, which is a good thing from a business perspective. i think it'll be when is it loses across industries. provide me with going to see is the creation of new organizations. we look at

e commerce waiting to really start to get going. if you take the retail industry, for example, right now we don't even buy things on a sign. we don't go schools on. that's going to happen. the emotions that i see when i say sion, something by the way so that we can see lots of new organizations taking the benefit of this account of ours. but this we hold in, in victoria as report a few months ago, people are worried about losing that jobs. okay, that will be new opportunities. a, i will, will bring about new industries, new companies. are they going to be doing more with fewer people a they need a workforce where it's interesting, i don't think we're going to be in a world where we arrive up to running well, but i do think it's almost like this invitation. we know the productivity improvements are going to lead to, you know, the refinement at the top. no, i sell the balls, they'll be from a productivity improvements. but it'd be dishonest stage not going to have an impact on the adoption of labor in some,

some industries as well. what i would say easy histories, told us with robert technology that that's what we see is, is that the g d p growth, resulting from technology that is fueled by lane. i buy a new job. so, you know, i think a lot of those new jobs are going to be around the areas where we need more human needs, like more human insights. so i think it's a very complicated workforce division feature around the world to mention some activities. the reduction of light in some areas, but then the creation of a whole new industry workforce and government business. we're monitoring this right now. just seeing how that plays out. all right, so which industries in particular will benefit? you mentioned retail. i mentioned in the introduction here that a i could have written this, this program put it put together. it would like the human insight that you talked about and that's necessary in journalism done that. i say it could be done what other industries would benefit. so i think it will be when it loses in every

industry. i'll stop by saying that because if you look at the power of this technology, it's multi, it's multi task oriented, very basic phone organization. so the industries and organizations that i think you're going to be able to lean in today's agenda a lot more of the ones where they have large amounts of processing large amounts and a lot. i'm actually waiting. so i need to be driven the distance and they judge how, what, what i would say is the criteria, the winters and lose. is it less of that industry? and i think it's more about a criteria wanting to around the how the prices utilization and organizational the flip side, the scan of the risk checks the check, the bass a scanner which can only, you know, i think that's the key criteria. i think it's hostage and it's really cool. there's a lot of worry out at the moment about how they are and potentially can that it

tells you how to trust when you're just assuming you're confusing as citizens. now how do you put the plumbing in the process in place, checking and managing the technology, but also the managing the risk and the governors. i think this is going to determine which, which organization in the respective industry. so how and how, what people and that's ations should look at reasons or how they want a job technology, right? well, what about individual employees? what's this going to do to wages? that's really good question, right? what types of step back and being now the correlation between wage increase and, and improve productivity. and this is a direct correlation between july, the productivity to which i have a lot of this technology. if it's deployed the right way, we trust outcomes will help with the um, would you prefer to do so on the surface or is it seems like it's a bit of a no brainer and it will help with wage increase. however much more complicated

picture and i know the number of guns thinking about and explore range. so what is the final income distribution? i just started to read the rapid advancement of technology has an impact on income . so i expect to see government started to think of the policies in this advice. i expect you to come out around training, haven't reached a levels. we educate, i use i a people or the elderly. that's sorry. so it's a bit more complicated picture, but also the mean proof, i can't even get his mind dried more mocking improvement and the gosh, you have a solid, a situation as well. all right. one last question. we've all heard the scam on during the due, late and comments about a i being a threat to humanity. what, where do you stand on on that at the very least, could a i disrupt economies, could it be bad for the global economy? yeah, so yeah, i think the,

the comments we need to address address be thinking about the cost of a lot of stuff which is a big cluster of, you know, actually, so the risk but i wouldn't be kind of businesses to, to not be frozen to the risk reduction seen by how they manage as worse as is this risk there. there's risk of, of bias and discrimination in this risk of data is judy dependency. emerging. this glenoak and c, p of the content is created. lows out i think, i think the risk agenda is really important. i think it would con, crappy foss outcome. i don't think we can get the value out of this and they, you can see the technology wants to use it. so the key thing here was bringing the guidance controls and the price to build cost about think about your consumer goods organization. by me, you can see this across throughout the day. does that work that you need? and we want to see the significant g,

b increases that alice's stopping the side of the genders really is all going to be government regulation. have any last price taskbar show has been really good to talk to you or cash in the costs many thanks, and thanks for being with us. thanks. i or the germany cause record of employment, the right spot, the number of job vacancies was an old time high last year. first of 2000000, around 630000 of those left skilled workers to fill them. whether it's i teach specialist nurses or even head dresses. companies across different sectors are struggling with labor shortages. and the situation is expected to get even worse. the government aims to fill look at by encouraging foreign talent to take up a job in germany. well, the cabinet is approved changes to its immigration laws to attract skilled workers, particularly those coming from outside the european union. the reforms include

a point space system which would make it easier for workers with the required skills to come to germany and are expected to be passed in both houses of parliament in the coming weeks and could increase skilled labor migration from non e u countries by nearly $60000.00 people each year. experts say that germany needs at least $400000.00 skilled immigrants to arrive each year to soften the impact of its aging population on the economy. and that needed to fill vacancies, particularly in the health care i. t and construction sectors. the cabinets has also moved to address the rise of the number of unskilled people in germany. it plans to give young people financial incentives to participate in a training program. among the meshes when in recent weeks, labor shortages of almost replaced supply chain disruptions as the main drag on production for many europeans and german companies. as we can see here, the limits and outputs in 42 percent of germany services firms. i'm 34 percent of

the countries industrial group. i figured it drops to 30 percent for construction companies. will discuss all of this were joined down from q in germany by steph. i'm code step one is the vice president of the key institute for the world economy and the direct to all of the business cycles and growth research cent a good time. he was unconscious of the cost of fund. so we've got germany with the record employment at the moment and you get a scale shortage. what's going on? well, we have are short term problem, which is a, basically a post pandemic issue due to a sick leave numbers that are way above what we've had used to in this country. but again, this is a temporary pro problem, so this will disappear by itself. what is much more of a problem for the gross perspective of the jeremy economy is well, quite simply, this population is aging and therefore the demo graphic factor is rating on our

gross outputs. but hang on germany had a wave of, of immigrants coming to the country over the last few years. what's happened to them? are they in the labor market? that's true. actually, without those immigrants, we wouldn't reach the periods of a decrease of a decreasing workforce even earlier, but the most of the immigration is flights immigration. so this does not really match the qualification profile that we are lacking due to those people that are now retiring. and therefore, we need a different kind of emigration basically from our economic interests. so the one is a human to many terry and purpose, probably a pri, dominantly, but the, from the gross perspective, we actually need the quantity flights immigrants. and those are still not coming in,

but numbers that you would need to see in order to compensate for the losses of the domestic population. right. so to attract that kind of work out of the government is changing. germany's immigration laws took us through that. well, i would say a germany does not really have a problem with its immigration roles, but rather with the way we administrating these applying these administration roles. there are a lot of obstacles that the potential immigrants face um, from the bureau kit bureaucratic processes. and i think this is something that we have to become better and so that it's, it's a more fluid experience. but those tenants that he wants to attract. so let's don't forget that the competition for the tenants from all over the bill is fee of. so then it has ever been before the younger generation in particular,

is more mobile as an ever a generation wants people. and therefore, germany's only one of many destinations that is competing um to become an interesting place to work and are here not. busy all their sectors are on the job site. so how can the company but make sure that the job but he is not just that interesting place to work with the place to work the place the people want to go to. well, the coming the place of choice is uh, quite a challenge, but they are a couple of things that the, the, the government could work on. number one, of course is to streamline the immigration process is making it easier for applicants to come to the country seconds. we have to work on our euro credits and um, lets say read save in general. um, when we look at the international rankings,

um we are losing ground. and number 3, we have quite a high techs, uh, rate here in germany, in particular for labor and the people do not come to the country in order to make the life of the government easier. but in order to have their own life, and they want to, um, build their own kind of a company here, or one to build a future for their family. and with the high techs rates. this is rob of something that makes the country less attractive. all right, what about the skilled workers? we talked about a little earlier to inc. country already a day, a possible solution. where is the government doing about about training, about bringing people up to the kind of skilled level of the country needs. of course there is some potential, but i wouldn't the over estimate face of people who come to the country with the

poor quality vacation, very hard they have for them. it is very hard to get qualified to the level of the car and the needs. um, typically a good qualification stops at the very early age already starting from the kindergarten from the schooling system. uh, and here again, there's a lot of room for improvement. but for people who come into the country while reading adults who are not, well qualified for them, there's very little to do from the qualification sites. they are with this rather accreditation of making the labor market more flexible so that they can find the job and make sure that they're all spring. so the 2nd generation of immigrants then gets a good chance to be well integrated. well, 25 well trained for working in the country really got to talk to you on counting

the cost stuff on buddy, thanks and dates of being with us. you're welcome. my pleasure. this electric vehicles are becoming increasingly popular as concerned about the environment grows among people, despite being more expensive upfront and fossil fuel powered ones. lots of competition between also makers, grows the cars could become more affordable and accessible sooner than expected. tesla's decision to start cutting prices this year sent shock waves across the industry, world wide triggering what manufacturer is called a price war and economy. it goes, took several rounds of cost cuts in an attempt to start demand. ford is just announced, it's reducing the price of its electric s, u, v. once again. well, tesla has recently increased prices in its most important to the markets, including china and the us reversing a series of recent price cuts. now despite the rise, as the price of the test was, vehicle is still low. so they were at the start of the year. i will try to get out

from london is, is a base. what do you, i'm is your basis head of equity is a premier mice on group good to have you with this as a base. why did test cut prices in the 1st place and then put them back up again? was it the right thing to do? yes, i mean, what we're seeing is actually the volumes of electric vehicles are becoming more and more significant over the is about needing to maturity the market in the early stages of the market. you tend to find that actually the value of the new adult has transmit. they be quite highly priced. so then you adopt this. and then as you move into real volumes of the unit prices of the electric vehicles, in this case come down to match the cost of production and less to take me in the last 12 months. cost production has come down, electric calls and not just made of steel and, or the normal things actually heavily involved in to energy prices and energy prices. as you know, if you consider, they says to fact as well in the markets maturing. secondly, the cost of the production of equity has come down and that reflected the reduction in processed by it test. the whole reason that we have seen that uh some pick up in

demand. and so it has that has fine changes prices and by slight increase in the price is just based. okay. but as we mentioned, to big companies, tesla and ford, i will all the manufacturers following suit the costs coming down for everybody or, or is this, this sort of bringing down prices by the big manufacturer is going to help the ones who are just getting a, a toe hold into the electric vehicle market. yes, i mean the very last numbers of course companies which are involved in manufacturing costs and it goes quite a few on quite a companies result in this sector as well. so. so the bottom line is as a large number of investors, i guess we do agree that there will be some conventions which come popping some surprising. there will be 2 capacitive market for some of the names, but we have a hand many of the other companies will continue to grow their volumes. the unit process will come down and therefore they can, the ultimate, they, they provide a range of different perhaps is not just has that many of the capacitors operating in the market, which will ultimately reflect in an inquiry in between. and it's

a mazda um and spike uh, and then it goes to best buy lock. it stops mature, and you can get really very main street mortgage to establish and not in that manner. but as process a come down to to, to manufacturing, getting a cheaper will govern governments, maintain the program of subsidies, but many of them have at the moment to encourage the likes of you and i to get an electric vehicle. i think what we will see is actually the, the subsidies coming off. they've already a number of governors, some already reduced the subsidies, some of entirely moved away from subsidies and tati. so i think that was always going to be, i know the stage adoptive teacher where the unit costs were going to be expensive. they wanted to get new, get the producers introduction. they wanted ultimately to get new to moms created it. and they were effect to be pump priming the market up through a subsidies of that stage. it was never intended. the government said subsidies would be here. and then i'll get to how long though, before the price of a these falls below that of traditional fossil fuel costs or even reaches power

seat. yeah, we all saying that i'm sure there is an expectation, the market that there will be not just the ease for many as a sort of slightly higher prices of across some of the higher specification models . but we do expect, ultimately, and quite soon, in fact, quite a lot of problems come through in the more mainstream, posit market and some of the lower cost models. and i think even test uh, making 1000 the spaces. but i think most international companies are looking to probably that might possibly lock in as well. so i think that's possible new maturity of, of the market. but actually is it's interesting. there's actually electric cause of differentiation from many of the in a column based energy as of buying a car, traditional cost, where they actually use a lot of energy to actually manufacture these costs. advantage the price is a low ease of very competitive versus the mainstream. stablish customers, this app is compound companies, but on the other hand is energy prices was to move off uh for whatever reason and

made it very elevated levels. then of course, electric vehicles at that stage may be much less competitive. and many of the more traditional calls may actually be more low price competitive at that time. and how long should i use for fuller old driving around in an electric vehicle? but i do wonder whether with a b 5 the electric vehicles into course. i mean, clearly they have available just the ticket. the cost of ownership is very nice, not just the cost of buying cost, but actually you may need to crack your paring cause and keeping them service the rest of it. electric vehicles tends have very low repair. it costs a certain type of customer and it should come be a lot know even if you end up paying a bit more to start with. so i think the electric vehicles were very much take of some of the market yet, but i think there will always be certain. austin ok it, well actually you've got rid of the energy requirements and they're going to be have to have some other sources. it may be in hodge and it may be may say, we just don't know at this stage, but most particularly um, we think that there will be a very, very wide established market. so electric costs and they will be as more the market for some of the other alternatives, or even possibly even some conventional pass,

those vehicles elsewhere. really good stuff to use your base manufacturing date for being with us on counting the cost very well. and that's our show for this week. if you'd like to comment on anything that you've seen, you can treat me. i'm at a citizen on twitter, tried to use the hash tag h i c t c. what do you do? or you can drop us a line, charging the costs out to 0 dot net email address, as always there's plenty more few online at l, just 0. don't com, slash c t c. that takes you straight to a page, and then you'll find individual reports links at a time episode, see the catch up on. but that is it for this edition accounts with the cost. i'm a free instead of going from the whole team here. and so how, thanks for joining us, but he is on else as 0 is next the

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