tv Business Today BBC News September 30, 2024 11:30am-11:45am BST
11:30 am
11:31 am
also on the programme — thinking outside the box. why people with dyslexia could be best placed to unlock the potential of ai. and, back down to earth. astronauts from all over the world gather in the netherlands for their annual convention. but what will they be talking about? we'll hear from one of them welcome to to business today, i'm ben thompson. we begin in the us, where port workers across the east coast are set to walk out on strike tomorrow and to global supply chains. the action announced on sunday by the port workers�* union could shut down 36 ports — which handle half the goods imported into the us via container. according to analysts atjp morgan, the cost to the us economy could be $5 billion a day. shipping rates are already soaring ahead of the crucial festive shopping season.
11:33 am
mr president would you intervene in a dock workers' strike? _ intervene in a dock workers' strike? ., intervene in a dock workers' strike?- why _ intervene in a dock workers' strike? no. why not? intervene in a dock workers' strike?- why not?- intervene in a dock workers' strike?- why not? strike? no. why not? batz is collective _ strike? no. why not? batz is collective bargaining. - strike? no. why not? batz is collective bargaining. i- strike? no. why not? batz is collective bargaining. i don't| collective bargaining. i don't believe in taft hartley. so a definite "no" to intervention from the president — we will be keeping you across this developing story throughout the day. we will give you a sense of the impact it is having around the world. to the uk now, where jobseekers are facing toughest market for three years. that's the verdict of online jobs search engine adzuna. they sayjust over two people are now chasing eachjob — after vacancies fell again in august and 150,000 people entered the job market over the summer following a surge in redundancies. andrew hunter is
11:34 am
co—founder of adzuna. good to have you with us. what do the numbers tell us about the state of the economy? it feels, judging by the numbers, it is not a great time to be looking for work?- it is not a great time to be looking for work? one of the key pieces — looking for work? one of the key pieces of— looking for work? one of the key pieces of data _ looking for work? one of the key pieces of data we - looking for work? one of the key pieces of data we look i looking for work? one of the j key pieces of data we look at in our monthly report is this advertised vacancies compared to the number of benefit claimants. what we have seen over the summer is a static vacancy count, around 850,000 jobs. but a rising number of claimants. that is right, so we are seeing some of the stiffest competition forjobs for are seeing some of the stiffest competition for jobs for about three years. competition for “obs for about three years.— three years. where is it that the “obs three years. where is it that the jobs are _ three years. where is it that the jobs are being _ three years. where is it that the jobs are being created? | thejobs are being created? where are the jobs are being created? where are the vacancies? and where are we seeing the redundancies, it paints an important picture of the way the economy is changing and the way people are having to reskill to find work and we are
11:35 am
talking about al and the way technology is changing the workforce. irate technology is changing the workforce.— technology is changing the workforce. , . ., workforce. we can see clear winners and _ workforce. we can see clear winners and losers - workforce. we can see clear winners and losers at - workforce. we can see clear winners and losers at a - workforce. we can see clear. winners and losers at a sector level over the summer. some of the worst hit from a hiring point of view was travel that was 11% down, accounting, energy and oil and gas down 6%. but there were 13 sectors that saw growth in the summer. 0ne saw growth in the summer. one that saw growth in the summer. 0ne thatis saw growth in the summer. one that is on my mind now is graj wapts, that hatz —— graduates that have seen four months of increases in vacancies. that is great news for those entering the job market. great news for those entering thejob market. but there is a lot going on in the economy right now which is affecting the labour market. we have seen in the last two two years falls in the last two two years falls in vacancies. the last six months has been static, so you could argue we have seen the bottom. perhaps there is growth to come from here.—
11:36 am
the governor of california, gavin newsom, has vetoed a landmark ai safety bill. the legislation could have provided some of the first regulations for al models in the united states. in his statement, mr newsom said the bill applied stringent regulation to "even the most basic" ai functions and would not be the best way to protect the public. several ai companies, most of which are based in california, have called for federal regulation by washington instead. but some critics have already attacked the governor for bowing to pressure from big tech. we spoke to russ mould, a former technology investment banker now with a] bell, about the arguments over ai regulation. mr newsom made it clear he feels that he uses the word guard rails in place to make sure there are safety checks.
11:37 am
this legislation that he vetoed talked about stringent checks for programmes that cost more than $100 million and also that there should be a kill switch, so if anything went wrong, the system could be switched off. that seems to have been a major source of concern among the developers. the developers i'm sure will portray this as something to further the technology for the benefit of all. equally they have financial considerations here. we saw the new york times story of ai, although it can generate revenue, expects to lose $5 billion, because of the expenses it accrues and its backers will be looking to ways, to acquire the technology quickly and safely and also profitably. let's stay with al, because uk billionaire sir richard branson says the technology could help unlock the potential
11:38 am
of dyslexic people in the workplace. sir richard — who is dyslexic himself— has launched the first online university to teach dyslexic thinking skills. 0ur north america business correspondent ritika gupta met with the boss of the virgin group to find out more. dominic, a psychology student with dyslexia always struggled with dyslexia always struggled with spelling. i with dyslexia always struggled with spelling-— with spelling. i spelled which, like the witch's _ with spelling. i spelled which, like the witch's hat, _ with spelling. i spelled which, like the witch's hat, instead . like the witch's hat, instead of which place we would meet. my of which place we would meet. my bs and ds i would switch up. now he has new tools at his disposal. dyslexics are found to be enthusiastic adopters of ai. it to be enthusiastic adopters of ai. , ., ., ., ai. it is learning how to create things _ ai. it is learning how to create things and - ai. it is learning how to | create things and maybe ai. it is learning how to - create things and maybe that is
11:39 am
where ai comes in.— where ai comes in. these exneriences _ where ai comes in. these experiences are _ where ai comes in. these experiences are part - where ai comes in. these experiences are part of i where ai comes in. these l experiences are part of the first university of dyslexic thinking founded by richard branson. it is aimed to teach the world how to think like a dyslexic. some of the greatest breakthroughs have been created by dyslexic minds. at the event a key focus is the ai revolution and how those with dyslexia could unlock its potential. hhti dyslexia could unlock its potential-— dyslexia could unlock its potential. dyslexia could unlock its totential. �* , ., ., potential. ai is wonderful at viewin t potential. ai is wonderful at viewing lots _ potential. ai is wonderful at viewing lots of _ potential. ai is wonderful at viewing lots of knowledge i potential. ai is wonderful at l viewing lots of knowledge and lots of information. dyslexics can take that information and put it to good use. they are imaginative and they can see what ai can't and bring it to life. . ., _, ., .
11:40 am
what ai can't and bring it to life. . ., ., . ., life. the world economic forum tredicts life. the world economic forum predicts technology _ life. the world economic forum predicts technology could - predicts technology could eliminate 85 million jobs by 2025. but dyslexic skills can't be replicated by a machine. they can't replicate new ideas, they can only do what it knows already. they can only do what it knows alread . ~ , they can only do what it knows alread .~ ., ., , adapt to ai, dyslexics could adopt to them. a spacex rocket with two crew aboard has successfully docked with the international space station. there are two spare seats on the dragon vessel, which will be needed to bring back two astronauts stranded on the station sincejune after problems with their boeing capsule. well, the news will be welcome in noordwijk in the netherlands — where more than a hundred astronauts from all over the world are gathered for their annual conference. we spoke to one of them — julie payette, who also served as governor general of canada
11:41 am
from 2017 to 2021 — she told sally more about the importance of the event. we have a planetary conference, that's how we call it. this is the 34th sense starting our association. the association of space exploration and every year we get together somewhere and this year it is in the netherlands to celebrate in particular the 20th anniversary of our friend, the dutch astronaut. 20th year since his first space plight. 20th year since his first space hli . ht. , ., . ., plight. tell ulster how can s-ace plight. tell ulster how can space help _ plight. tell ulster how can space help us _ plight. tell ulster how can space help us tw - plight. tell ulster how can space help us tw our - plight. tell ulster how can l space help us tw our climate crisis on earth? irate space help us tw our climate crisis on earth?— space help us tw our climate crisis on earth? we monitor our beautiful blue _ crisis on earth? we monitor our beautiful blue planet _ crisis on earth? we monitor our beautiful blue planet from - beautiful blue planet from space. we do so with satellites and also do so with human eyes and also do so with human eyes and we bring the news about our planet and we do science on
11:42 am
board the international space station that benefits us right here on earth. fist station that benefits us right here on earth.— station that benefits us right here on earth. at this event, is there a — here on earth. at this event, is there a lot _ here on earth. at this event, is there a lot of _ here on earth. at this event, is there a lot of conversation j is there a lot of conversation about the space travel industry? it has had such a huge boost by big players such as elon musk and richard branson, the billionaire entrepreneurs?- branson, the billionaire entrepreneurs? branson, the billionaire entre-reneurs? , . ., entrepreneurs? very much so now s-ace is entrepreneurs? very much so now space is not — entrepreneurs? very much so now space is not solely _ entrepreneurs? very much so now space is not solely a _ space is not solely a government business, within the government business, within the government space agency. it is also a commercial venture. like aviation was more than 100 years ago. so we have here people representing the commercial side like spacex, lots of people here. there is a lots of people here. there is a lot of conversation. so lots of people here. there is a lot of conversation.— lot of conversation. so much has happened _ lot of conversation. so much has happened in _ lot of conversation. so much has happened in this, - lot of conversation. so much has happened in this, in - lot of conversation. so much has happened in this, in the | has happened in this, in the industry of space, with so many countries now, china, india, several, looking to really push
11:43 am
and advance their discoveries in space. it is an exciting time isn't it would you say? i cannot say better than this, it is very exciting in china, india are also part of our conference, they will give us updates on their activity. we work together, we share one planet and it dawns on you, there is only a place where we can live, with all the animal species can live.— can live, with all the animal species can live. that is your business _ species can live. that is your business today. _
11:45 am
11:46 am
tottenham. his side are 12th withjust one win tottenham. his side are 12th with just one win in five in the league. ten hag said that he is not thinking about the club's owners opting for a change of manager and says they're on one page. irate change of manager and says they're on one page.- change of manager and says they're on one page. we are all in it together, _ they're on one page. we are all in it together, this _ they're on one page. we are all in it together, this decision - in it together, this decision to stay together and what we have to improve as an organisation and how we want to construct the squad and all the decision—making in togetherness. also with knew it will take some time. because we, how the window went, we still have to do with some injuries also from impact players and i think we will get better there and we need some time. i better there and we need some time. ., better there and we need some time. ,, ., , ., ., . , time. i think our performances in the league _ time. i think our performances in the league all _ time. i think our performances in the league all year - time. i think our performances in the league all year have - in the league all year have been — in the league all year have been strong, we just haven't had — been strong, we just haven't had that_ been strong, we just haven't had that cutting edge. it helps we have — had that cutting edge. it helps we have dom back and he is
11:47 am
scoring _ we have dom back and he is scoring goals. so, you know, i think— scoring goals. so, you know, i think our— scoring goals. so, you know, i think our form has been consistent. when you get the wins, — consistent. when you get the wins, you _ consistent. when you get the wins, you want the players to feel— wins, you want the players to feel the — wins, you want the players to feel the reward and feel like they— feel the reward and feel like they they feel now. it is
9 Views
IN COLLECTIONS
BBC News Television Archive Television Archive News Search ServiceUploaded by TV Archive on