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tv   Counting the Cost  Al Jazeera  May 15, 2023 7:30pm-8:01pm AST

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wow. with colleagues. last night we looked at the moment he settled on a victory to tony 100 to 0. thank you. at least 26 people have died in the road crash in northern mexico, a passenger found that a freight truck collided. and tom, a lipa state, which board is the us the trucks. comp wasn't found at the same road crashes and mexico with high death tools have often been linked to the smuggling of microns the it is good to have you with us. hello adrian. instead of going here in the headlines on, i was just here a voters and took you will head start to the polls on may 28th to cost that balance to the presidential run off with vote counting. and it's final stages. president richard, the type of the one is just short of the 50 percent dated to win outright. but i
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know position and candidate to come out can i still do is trailing the other one. but just on the 45 percent of the vote, opinion polls of earlier given him an edge over the president, he says he's ready to face other one in any one off, one off from the act, the policy headquarters at anchor off promotions here as a result set off, you have seen that now he has already secured the majority. his alliance secured the majority in the parliament and he has been able to get 49 percent above it. point 5 percent of the what with is quite huge. so that's why now they think that of the day is that going to build up on it. and in the 2nd round, which is going to be held on may 28, they will manage to be in that assessment here. palestinians, a mocking 75 years of a neck of catastrophe. events have been taking place around the world, including the un headquarters in new york. in 1948, the kindest indians were forcibly displaced from the homeland to enable the
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establishment of the state of israel. finest forces killed thousands of palestinians destroyed hundreds infinities that expelled 80 percent of the palestinian population. it's been a month since fighting broke out between the sudanese army and the power of military rapids support forces. hundreds of people have been killed. representatives from the warring factions are holding a new round of talks in saudi arabia, members of a political line alliance of 13 parties and practiced on protesting outside the supreme court to bond the resignation of the chief justice. they say that for the front of us, the inbound card has been treated lini mc by the courts. last week, congress granted 2 weeks fail of being arrested on corruption charges. you can't promise to give you pray and hundreds more besides a long range attack, drones to defend itself against russian attack. permit us to richie so not count towards for the frame is president, florida has landscape at check,
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has been announced ministry louis of the cloud based cycle and hit the keen, the state of disaster area, at least 6 people on the post to died. hundreds injured up to south asia, strongest cycling, another decades made platform. and those but headlines will have more use via here on al jazeera, often counting the cost. next, the important thing if you're walking around in bare root was not in the line of fire from the holiday fall off, we heard gunshots. i was the 1st one to feed the whole thing. back to last. it's 3 days and 3 nights and the window prisoners control the home again, and you control the region around. and that's why it was such an icon is the conflict of the heart of the lebanese civil will be rude holiday inn hotels. on al jazeera, the
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hello, i'm adrian said again, this is counting the cost on al jazeera. you know, we can look at the world of business and economics this week from the future of mankind to the future of jobs, advancements and also central intelligence. raising questions about strengths from life as we know it. so could a, i disrupt economies or transform the most of this week, germany looking for farm workers to tackle a shortage and skilled layouts. we explore whether performing immigration rules will help to solve the problem. plus an electric vehicle price war is heating up. all consumers set to benefits could best accelerate the switch to the battery operated cost. it's seen a small loss, but scary, artificial intelligence is almost limitless potential. it could even generate new
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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 of a such a sphere 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 vices, jobs. they want 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
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a technology. he recently quit his job at google speak out about it's dangerous. he owns 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 the increasing productivity here. going to go to putting people out of work and making the rich richer and the for, for as you do that, as you make that got bigger, society gets more move on in march, move in a 1000 tech need is signed an open letter cooling for 6 months, more tory, i'm on development, owning the race to advance a i is out of control. they're all new independent safety protocols. and some analysts question whether 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,
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is responsible to its shareholders. suppose is if a technology side will make the world better and safer and that it's a solution to labor shortages, the critics will and regulation is urgently needed to ensure its effects a positive and the risks manageable. victoria gay to be for counting the cost as well as 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 slightly lower from 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's who were
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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 the, if i take that answering 2 ways, one is using technology, one of the business in the tech space. if i look at open a on what they doing to 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 prize or whatever i just hold. 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 wanting to really start to get going. if you take the retail industry, for example, right now,
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we don't even buy things on amazon. we don't go to schools on that's going to happen. the emotions that i see when i say she was done by the way so that we can see lots of new organization taking the benefit of this account of ours. but this, we hold in, in victoria's 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 still evolved. so maybe from a productivity improvements. but it'd be dishonest to say it's 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,
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is that the g d p growth, resulting from technology that is fueled by lane. i buy new jobs to us. you know, i think a lot of those, the 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
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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 to this agenda low are the ones where they have large amounts of processing large amounts and a lot. i'm actually waiting. so i need to be driven and the distance, and they judge how, what, what i would say the criteria, the when isn't 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. so i'll just 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 get that tells you how to trust when you're just assuming you can see amazing us citizens. now how
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do you put the plumbing in the process in place, checking and managing the technology, but also the managing the risk and the government is going to determine which, which organization in your respective industry. so how and how, what people that's ation should look at reasons and the dog technology, right? well, what about individual employees? what's this going to do to wages? that's really good question, right? what types of steps that the correlation between wage increase and, and improve productivity? this is a direct correlation between july resume productivity to which i have a lot of this technology if it's deployed in right, right. 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 how it would weigh how much more complicated picture. and i know the number of guns thinking about and explore range. so what is the on
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income distribution? i just started to read the rapid advancement of technology has an impact on income . so i expect to see government started thinking uh, policies in this price. i expect things to come out around training, haven't reached a levels usually can i use i the people in the elderly that's sorry. so it's a bit more complicated picture. but also the mean preprocessing between games via dried, more mocking improvement and the dash you have a solid effect twice 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 comments we need to address address be thinking about the cost of a lot of style, which is a big cluster of, you know, actually,
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so the risk but i wouldn't be coverage is this is to not be frozen to the risk reduction seen by how they manage, how does it work? is this risk of error? there's risk of, of bias and discrimination. this risk of data is judy dependency. emerging. this glenoak and c, i p of the content is created. lows out i think, i think the risk agenda is really important. i think it would kind of crap as fast how 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. i need you to see this across throughout the day. does that work that you need? and we want to see the significant g increases that our specialist operating side of the genders really is not going to be government regulation. have any last price
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taskbar show has been really good to talk to you or cash in the costs many thanks, and thanks for being with us. of the germany cause record employment right spot. the number of job vacancies was an old time high last year. first of 2000000, around 630000 of those elect skilled workers to fill them. whether it's i t specialists, 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. when 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
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. they're 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 as well. excellent. say the 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 on the skilled people in germany. it plans to give young people financial incentives to participate in a training program. among all the meshes, while in recent weeks, labor shortages of almost replaced supply chain disruptions as the main drag on production for many european and german companies. as we can see here, the limiting output in 42 percent of germany services funds. i'm 34 percent of the countries industrial group that figure out drops to 30 percent for construction
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companies will discuss all of this were joint down from q and javi bus different codes. step one is the vice president of the key institute for the world economy. and the director of the business cycles and growth research center, good ideas on culture, the call stuff on. so we've got germany with the record employment at the moment and 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, problems, so this will disappear by itself. what is much more of a problem for the growth perspective of the jeremy economy is well, quite simply, this population is aging and therefore the demographic factor is rating on our gross output. but hang on germany had a wave of,
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of immigrants come into the country over the last few years. what's happened to them and they, in the labor market. that's true. actually, without those any grounds, we wouldn't reach the view is also a decrease of a decreasing workforce. even earlier, but most of the immigration is flight immigration, so this does not really match the qualification profile so 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 assuming too 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
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domestic population. all right, so to attract that kind of work, how the government is changing. germany's immigration laws took us through that. well, i would say germany does not really have a problem with it's the 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 fluent experienced for those tenants that he wants to attract. so let's don't forget that the competition for the tenants uh, 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 generation wants people. and they are for germany's only one of many destinations that is competing um
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to become an interesting place to work and are here not. busy all the sectors are on the agenda. so how can the governing but make sure that the job it is not just an interesting place to work, but the place to walk the place the people want to go to? well, the coming, the place of choice is a 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 criteria. and um, let's say red tape in general, when we look at the international rankings, um we are losing ground. and number 3, we have quite a high tex rate here in germany,
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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 want to build a future for their family and with the high techs rates. this is rob of something, but makes the country less attractive. all right, what about the skill book? as 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
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car and the needs. um, typically a good qualification stops at the very early age already the starting from the kidney, the gardens from the schooling system. uh and uh, 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 a 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 data being with us, you're welcome. my pleasure. electric vehicles are becoming increasingly popular as
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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 as cold a price war, and economy it goes, took several rounds of cost cuts in an attempt to stop 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 vase. what are you, i'm sure, basis head of equities of premier miles on group. good to have you with us,
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which is why did test look up prizes in the 1st place and then put them back up again. was it the right thing to do? yes, i mean, what we're saying 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 adopters tends to be quite highly priced. so then you adopters. and then as you move into the rio volumes of the unit, prices of the vehicles in this case come down to match the cost of production. and technically, in the last 12 months, cost production has come down, electric cause and not just made of steel and or the normal things actually heavily involved in to energy prices in 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 vehicles has come down and not reflected the reduction in processed by. it says the 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 and
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the price is just based, okay. but as we mentioned to big companies tests, and for a i will, i'll, the manufacturer is following through 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, they're all very large numbers of quite the companies which i involved in manufacturing causes and it goes quite a few on quite to companies result in this sector as well. so. so the bottom line is as the last number of investors, i'm just a, we do agree that there will be some conventions which come popping some surprising . there'll 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 the, but many other competitors operating in the market, which will ultimately reflect in an inquiry in between the unit tomorrow. and then a spike, and then it goes to best buy lock. it stops mature and you can get really very main street markets to establish and not in that manner. but as process
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a come down to to, to manufacturing, getting a cheaper will govern governments, maintain the program of subsidies, but many of them have about between coverage 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 install, a moved away from subsidies and tati. so i think that was always going to be an early stage adoptive teacher where the unit costs were renters of expensive. they wanted to get new get introduces into production. they wanted ultimately to get new to moms created it, and they were effect to be pump priming the market through a subsidies at that stage. it was never intended. the government says 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 got, we all saying that if there was an expectation,
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the market that there will be not just a in a eaves permit, is a sort of slightly higher prices of across some of the higher specification models . but we do expect ultimately quite soon. in fact, quite a lot of problems come through in the more mainstream posit lock in some of the lower cost models. and i think even has the making size of the spaces. but i think most international companies are looking to occupy that might possibly lock in as well. so i think that's possible in the 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 at some point a. com for additional costs where they actually use a lot of energy to actually manufacture these costs of energy. prices are low, ease of very competitive versus the mainstream establish customers. this app is come to account companies. but on the other hand, it's 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 causes may actually be more low price competitive at that time. and how
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long should base before the oil driving around in an electric vehicle? but i do wonder what it would be for the electric vehicles in chico. was that made clear? did they have available? just think that the cost of ownership is very low, is not just the cost of buying car, but actually you may need to crack your hiring cause and keeping them service. the rest of it. electric vehicles tends have very low repair. it costs a certain type of cost, so as you can be a lot know, even if you end up paying a bit more to start with. so i think the electric vehicles would very much take of it, some of the market share, but i think there will always be certain. austin ok, it, well actually you got rid of the energy requirements and they're going to be have to have some other sources. it may be it 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 it actually costs and, and they will be as more to market for some of the other alternatives, or even possibly even some conventional pass those vehicles elsewhere really gets to a future based manufacture date for being with us on counting the cost very well.
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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 fit again on twitter. i've 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 elder 0 dot com slash ctc. that takes you straight to the 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 alice's 0 is next the
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aspiring stories from around the world. the human life is fast. the ground breaking from the corner is going on in new york city. on a jersey to the took us presidential election, the heads to a run off with richard typo, the one taking a slim lead in the 1st round.

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