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tv   Asia Business Report  BBC News  September 1, 2023 12:30am-12:46am BST

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�* the raises challenges for the community. welcome raises challenges for the community. welcome to raises challenges for the community. welcome to asia business report with me mariko oi. let's begin with the global global chip or because semiconductor chip maker asm l has confirmed reports it had received licenses from the government to export some of it is advanced tools to china until the end of the year. export controls are due to begin today after the netherlands have followed pressure from the united states to curb the sale of advanced computer chip technology. hardware technology says that means current are good until the end of 2023. it’s means current are good until the end of 2023.— the end of 2023. it's widely exnected — the end of 2023. it's widely expected that _ the end of 2023. it's widely expected that in _ the end of 2023. it's widely expected that in 2024 - the end of 2023. it's widely| expected that in 2024 these licenses will not be renewed. what that means is that asm l which is a 90% market share in the space is not going to sell these machines next year in
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china. . ~ , ., china. talk us through the purpose — china. talk us through the purpose of _ china. talk us through the purpose of these - china. talk us through the purpose of these curbs - china. talk us through the purpose of these curbs of| purpose of these curbs of course they were early ones by the united states and also japan. and are they all aimed at china, basically?— japan. and are they all aimed at china, basically? they are. they were — at china, basically? they are. they were initially _ at china, basically? they are. they were initially aimed - at china, basically? they are. they were initially aimed at i they were initially aimed at the very high and application of semiconductors which would be used for military or super computer use. we've seen it get them and broader, which now is making it increasingly difficult for chinese companies to produce telecom equipment, smartphones, electric cars. it's definitely been expanding as timers got on. ion it's definitely been expanding as timers got on.— as timers got on. can you explain — as timers got on. can you explain why _ as timers got on. can you explain why china - as timers got on. can you explain why china is - as timers got on. can you explain why china is the l as timers got on. can you - explain why china is the target and what are these countries concerned about? i and what are these countries concerned about?— concerned about? i think clearly are _ concerned about? i think clearly are geopolitical . clearly are geopolitical implications. this has largely a lot to do with the larger trade issues that are going on. also the ai race, which country is going to be dominant. there is going to be dominant. there is a bit of politics and trade,
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tit—for—tat going on with this. i think it's very fair to say. to the us state of florida which was of course his by hurricane idalia. analytics says a preliminary cause from the storm around 12 to 23 billion us dollars in damage and loss. rebuilding and who's going to pay for it will be a challenge and also raises the debate on whether some properties should be abandoned. a property underwriter in the us for real estate giant says the industry is adapting to the growing challenges posed by climate change.— growing challenges posed by climate change. images we see on the television _ climate change. images we see on the television are _ climate change. images we see on the television are just - on the television are just devastating and show how challenging mother nature can be. the insurance opportunity to really prove our value. it begs the question of how do we adapt to these storms? this is the second major hurricane that we've seen in just a year with
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hurricane ian last september. it turns out the challenge of understanding how we predict these in the future.— these in the future. does it mean it is _ these in the future. does it mean it is getting - these in the future. does it mean it is getting harder. these in the future. does it | mean it is getting harder for mean it is getting harderfor those in florida to get insurance? if those in florida to get insurance? . . , insurance? it certainly can be. it's not insurance? it certainly can be. it's not just — insurance? it certainly can be. it's notjust a _ insurance? it certainly can be. it's notjust a hurricane - it's notjust a hurricane issue. the hurricanes we see on the news, they remind us how devastating things are. it's also what referred to as secondary peril. whether that is hail or wildfires like you mentioned. losses that are not well understood, that's really where their challenge comes. insurers have to predict what's next. hurricanes are relatively well understood. but the other perils we see across the globe causing majorfinancial perils we see across the globe causing major financial issues, those are particularly challenging.- those are particularly challenging. the state retirement _ challenging. the state retirement age - challenging. the state retirement age in - challenging. the state i retirement age in france challenging. the state - retirement age in france will rise from 62 to 64 today. it is a phased introduction to take place over several years, rising by three months each
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year. but the passage of this bill was accompanied by months of violent protest. it is a response or rising global life expectancy which is doubled in just a hundred years. that brings big challenges about how to pay for health care and welfare. that is the topic on this week's talking business. been speaking to a doctor from the mit age lab who told us that actually, we should be optimistic about the strength. frankly there are many challenges but longevity or ageing population should also be looked at as an amazing opportunity. we've never had this many older people and frankly, living there as long and this well. some of the challenges however our what would they want, how do we keep them age, how do we maim game productivity and an ageing world? these are notjust challenges but global opportunities. we challenges but global opportunities. challenges but global ouortunities. ~ ., ., ., opportunities. we are now in an era when people _ opportunities. we are now in an era when people who _ opportunities. we are now in an era when people who do - opportunities. we are now in an era when people who do retire i era when people who do retire in their 60s are often so very
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healthy. how are businesses reacting to that ever—growing class of consumer? reacting to that ever-growing class of consumer?— reacting to that ever-growing class of consumer? would you imaaine class of consumer? would you imagine this. _ class of consumer? would you imagine this, the _ class of consumer? would you imagine this, the 60 - class of consumer? would you imagine this, the 60 plus - imagine this, the 60 plus consumer worldwide is the third largest global economy in the world after the gdp with the us and china. yet they only get on average two to 3% of the advertising dollars. some things businesses can do to respond to this amazing market thatis respond to this amazing market that is growing worldwide is to actually start looking at them as eight market, doing more research to understand the amazing diversity in the ageing population. this is not your grandfathers old age. this is the most educated, best income that we've ever seen in the older population in history. understand that most and two older adults who want to buy or wear anything that says old man walking or old man about to fall down. largely we want products that show us age by stealth. ~ ., ., products that show us age by stealth. ~ . ., ., stealth. what are some of the barriers for — stealth. what are some of the barriers for businesses - barriers for businesses fighting to exploit the ageing
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marketplace was met probably the greatest barrier for business and society in general is the story of old age. business, like many of us unfortunately continues to believe that those older people don't buy anything new. 0r they're not willing to change brands or they are set in their ways for the big myth, they don't like technology. these beliefs are actually keeping them from innovating things that excite and delight the most lucrative, largest, fastest growing market in the world. by the way, you may find it fun that the catalyst to this innovation and longevity economy are women. indeed in the longevity economy the future is female.— the longevity economy the future is female. ma'or music label has * future is female. ma'or music label has signed _ future is female. ma'or music label has signed a _ future is female. major music label has signed a digital - future is female. major music label has signed a digital pop| label has signed a digital pop star whose voice has been made with the help of artificial intelligence. it now has nori on the books who is releasing her first song. what does this type of artist mean for the music industry? she is a
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virtual character and instagram influencer and has worked with the big fashion brands. her appearance has been created using 2d graphics and motion capture. and now this avatar has a record deal backed by a major label. film has a record deal backed by a major label-— has a record deal backed by a major label. oh my god, this is amazing- _ major label. oh my god, this is amazing- it _ major label. oh my god, this is amazing. it was _ major label. oh my god, this is amazing. it was accelerating i major label. oh my god, this is| amazing. it was accelerating my poles when i got the e—mail from warner music central europe. they were asking me, are you interested in using this and i said well, what a question. this and i said well, what a question-— this and i said well, what a ruestion. ~ ,, ., . , question. music her voice is bein: question. music her voice is being created _ question. music her voice is being created with _ question. music her voice is being created with the - question. music her voice is being created with the help | question. music her voice is l being created with the help of artificial intelligence. timer;r artificial intelligence. they -icked artificial intelligence. they picked or— artificial intelligence. they picked or higher _ artificial intelligence. they picked or higher of - artificial intelligence. they | picked or higher of course, they made it more female but we didn't want to create a human voice, we wanted to have it a
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bit like technology for that like tech voice evils of the bays and the origin old voice is my voice. —— check voice. they got a singer into. here comes a moment when we use ai technology. the voice from the centre, we needed to know when he was singing high, singing low, singing slower, getting more speed, get more pressure. warner is releasing the first single. warner is releasing the first sinale. ~ . ., , warner is releasing the first sinale. ~ , ., single. whenever it comes to appearances _ single. whenever it comes to appearances and _ single. whenever it comes to appearances and better- single. whenever it comes to i appearances and better verses, gaming, when you want to experience with motion capture technology and so on it is a perfect fit. you can appear in different places at the same time. you can change her style in a minute. we can make her fly if we want because it is natural to her because she's already a digital character. there are more opportunities then with a human artist in that respect. m then with a human artist in that respect.— that respect. al was only a small step _ that respect. al was only a small step in _ that respect. al was only a small step in the - that respect. al was only a
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small step in the creation l that respect. al was only a l small step in the creation of this song. producers and songwriters all over the globe contributed. like every new technology ai brings with it a man's opportunity. but it also raises profound challenges for the creative community. it’s the creative community. it's about understanding transparency. it's about knowing what content and data ai knowing what content and data al is _ knowing what content and data ai is been trained on. it's about— ai is been trained on. it's about ensuring adequately so we know _ about ensuring adequately so we know a _ about ensuring adequately so we know a piece of music is al generated. but also this questions about personality rights _ questions about personality rights. at the moment in the uk personality traits are detected. you can search the generated ai version of a pop star— generated ai version of a pop star and — generated ai version of a pop star and they won't have any rights — star and they won't have any rights about how that is used. looking — rights about how that is used. looking at how we can ensure the record _ looking at how we can ensure the record industry and legal framework around ai is used in a way— framework around ai is used in a way that— framework around ai is used in a way that can enable human in creativilx — a way that can enable human in creativity. it's absolutely critical _ creativity. it's absolutely critical for our position in the — critical for our position in the music industry. clearly the use of ai the music industry. clearly the use of al is — the music industry. clearly the use of ai is becoming - the music industry. clearly the use of ai is becoming more . use of ai is becoming more mainstream. now it's officially
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empty dues entering the charts, will it ever get to number one? music. that is set for this edition of asia business report. a lot more on our website where you can find all the top business stories for that i will be back with businesses or rather in newsday at the top of the hour. thank you so much for watching asia business report. voiceover: bbc news - bringing you different stories from across the uk. it's been seen by more than 8 million people in 80 different cities across the world. and now the famous exhibition van gogh alive has come to britain. it is about bringing a new audience and a new generation into art in a completely different way. we've had two week
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old babies right up to retirees and schoolkids, and it really is for everyone and allows them to really get up close and enjoy the paintings in ways that you otherwise can't. visitors are even encouraged to try replicating some of van gough's most famous paintings. it's the very first exhibition to be hosted here in the historic corn exchange at brighton dome. the space has been closed for nearly seven years, but has undergone a huge renovation. you get to admire the architecture and the space as much as the exhibition itself. and it itjust, i know is really powerful for visitors when they come in and see these magnificent buildings that have been hidden for so long revealed again. the exhibition is open until september the third. voiceover: for more stories from across the uk, head to the bbc news website.
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hi. i'm alice with the catch up tonight concrete crisis cookers scores. spain's keeper speaks out and a blue supermoon. but first, the bbc has uncovered dozens of women potentially being groomed into online sex work by members of influencer andrew tate's all male war room group. 200,000 pages of encrypted messages with instructions given to members for tests of submission. this woman says she was exploited by a member. his young and in a very vulnerable position. she had portrayed himself as someone who is romantically interested in you. absolutely, yeah. andrew tate denies any wrongdoing. you can find the whole investigation on bbc iplayer. more than 100 schools and colleges in england have been told they must
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immediately shut buildings made with concrete that is prone to collapse just days before the new term starts, that's when you have safety measures are put in place. some of the stories now moving. 70 people have died after a fire in a derelict building where homeless people lived injohannesburg. it's not clear how the fire started. and spain's world cup winning goalie says she's disappointed people want to talk about spain's football chief kissing a team mate after the game rather than celebrating their win. time now to leave you with 10 seconds of a super moon, not to be seen again into 2037. it's lit up skies around the world. who do you think got the best view? you aare ll caught up. bye for now.
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hello and welcome to sports day. i'm betty glover. here's what's coming up in the show. europe's elite clubs now know who they'll face in the champions league. england manager serena wiegman
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dedicates her uefa women's coach of the year award to spain. and andy murray crashes out of the second round of the us open. we'll start with the champions league draw then, which took place in monaco earlier today and as usual produced plenty of talking points. now defending champions manchester city were handed a pretty favourable draw as they were paired with rb leipzig for the third time in a row, as well as red star belgrade and swiss club young boys. manchester united have been drawn with harry kane's bayern munich in group a along with fc copenhagen from denmark and turkish side galatasaray.
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mikel arteta's arsenal, who are playing in their first

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