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. what you watch for when you modest up to date extraordinary into you decide what songs find out more go to www dot com smart t.v. . to do that. is even is called business ways on profit and with job cuts on the cards protests rock the job an industrial heavyweights annual general meeting. german unemployment hits another new low this month but will it stay that way with the onslaught of the digital era. and high tech told leds how kids tastes in toys and changing the price tag is also a little more dramatic. i mean physical and let's do business is even is key

industrial power business is spattering along. it's other segments making up for the losses thanks to a global upturn but that's not stopping the german firm from slashing jobs worldwide c.e.o. . argues there's much to do to future proof the industrial giant that's not convincing protesters because while winding back some operations in germany says i'm banking on new ventures in the united states the demonstrators going to huge lengths to make their voices heard. workers from the eastern german town of cycled hundreds of kilometers to the annual shareholders meeting in munich they're determined to fight back against plans to cut their jobs come from the few films which require fighting for our future and as long as we continue to do so and see a chance we're going to keep going. seaman c.e.o. joe kayser pointed to market trends in his defense of the cuts. lining market for fossil fuels is not temporary it reflects the expectation of

a dramatic development which we can and must address with structural measures. cement is planning to shed a total of seven thousand jobs worldwide mainly at its power and gas division half of those cuts are said to be in germany. for the workers affected it's a bitter pill to swallow especially at a time when siemens is posting solid profit overall. well there were protests headquarters in munich also outside the frankfurt stock exchange joins us from there one of demonstrators been telling you daniel. yeah exactly ban you know the men's is planning to cut many jobs we're hearing after three thousand here in germany a different location also here in the state of hessen where the frankfurt stock exchange is located and there are also very frustrated because they were telling me

that siemens in the past used to be a company where they were really proud of their employees one woman was telling me a little bit earlier we were the ones that were making zeman sold strong now they don't care any more about us and i have to be scared to lose my job they also told me that the climate inside of the company has been very bad already for quite some time and there could be other jobs they could be doing for the company and they don't understand that yeah they might really lose their job at the end and when it comes to zebras for costs it's quite cautious why when we've got so many economies on around the world so many of its markets actually recover it. yeah exactly that's very interesting. saying that there is lots of uncertainty when you for example talk about the political situation with also

a president in the united states donald trump who is very unpredictable just last night he was making again very strong comments towards north korea then on the other hand the company is also really struggling with a very strong euro that we are seeing as a company that is heavily depending also on the export business so they have two options in order to pretty much keep the business still running on the one hand they can make their products more expensive that at the end maybe could make investors not being any more interested in it all they keep it at the same level but then their profit margin is going down so yeah lots of decision that siemens will have to do in this year very tricky business busy men's daniel for us in frankfurt another you load just five point four percent of workers were jobless in germany this month officials say the labor market has entered the new year with a lot of momentum but how much longer for with the rise of the robots.

intelligent machines such as this one can already do a lot like here at technology bosh where they play a key role in production there are kind of specialized skilled workers so to speak although someone has to keep an eye on them but nowadays it's the machines doing the dirty work. fourteen percent of workers in industry are afraid that their jobs will be replaced by automation according to the institute for the future this concern is especially prevalent among information and communication technology workers at seventeen point two percent in the finance and insurance sector that number is thirteen percent however in education and other social fields it's only seven point seven percent. that's not surprising because empathy and social skills are difficult to program it's unlikely robots will be looking after toddlers any time soon there are some things they simply can't do at least not yet

. or they can do is search away a lot of jobs just how many years hardly disputed but the digital era is already here him a schneider is chief executive officer of the institute of labor economics him of this is a big topic here in europe at davos everyone was talking about rescaling workforces for the future but not the warden of the world's biggest economy u.s. president donald trump did you notice that as well. no i didn't to be honest but in any case this is the bait is not new and also technical advancement is not a new phenomenon and what we can tell if you're looking back into history is that people have always been scared about technical advance but. the fear and the

concerns that came out of that always turned out as. not not realistic and we did the problem seems to be that there's an asymmetry between the ability to see which kind of jobs will be destroyed but we're lacking a fantasy when it comes to imagining what kind of new type of jobs would emerge and that creates some kind of asymmetric perception that. overweights the job destruction and underway it's job creation and i think that's the same thing with with this recent debate about computers and. artificial intelligence and whatever it's called well if if we're lacking so much fantasy if none of this is new why is mr trump getting so big on the old economy when the u.s. is leading the way in a new economy already i think. he is operating

where's the teacher glee he knows these type of people that he is addressing are his voters and he was very successful and then in the elections with that strategy and then of course he has to feed the expectations i don't think that it will be sustainable i don't think that he will be successful with it in the long run. from his perspective just from a power point of view i think he he has reason to behave like he does when he's not only got his voters as supporting him on this one he's also got global c.e.o.'s supporting him some german firms are heading in in that direction siemens for example i just mentioned before investing in the us getting back here. what does that say to you i mean is that a good long term plan for a company like the mint. i think at least one should not says

those reactions on on the morality point of view it's just business interest that is playing a role here and of course see old like joe kayser from siemens has an interest in. having created a good atmosphere with one of the biggest people in the world and of course he has the interest at siemens will benefit from the new or intention in cannot make respect in the u.s. what would you like in just a final word what would you like to see from global leaders as far as rescaling goes as far as getting us ready for this new digital era. i'm not sure whether we should expect too much of them i mean at the last summit and of course they were advocating the universal basic income as a solution to all things which basically means that which basically means that.

they want to shift the responsibility for the job destruction to society as a whole and i don't think that they were well advised by doing this and it also shows that they basically have no clue about what would what will come in the future ok you have from how much data don't expect too much from your leaders the world's for. change very quickly and we hope they can keep up for us thank you for your work now the world's biggest toy fair which takes place in your burg here back in one nine hundred fifty since then it's become a platform for the latest trends in kids' toys used to be all about hula hoops now it's gone high tech. robots are gradually rolling their way into kids' rooms new technology is the norm for today's children and it's becoming increasingly important feature of how they play the little machines can even be programmed instead using apps it's the adult world in miniature. even traditional.

like for the sand pits and even. tablet in each special agent what to do next. day there are two worlds classical toys and electronic toys they're developing side by side and as they do they're creating new possibilities for toys all of which is bringing exciting change here to. business with. we've. cut.

the trunk was. like. wow beads for all the senses that's common in bands. and shops everywhere are making for. this spring for economy sounds like hotcakes. tradition to go along with the costumes. and come. to our was the out.

d.w. true diversity. where the world of science is at home in many languages. on the trot off programming going there is. now with us our innovations magazine for in shows us from every week and always looking to the future on d w dot com science and research for. up to speed on the latest technology. know when it may be time for an upgrade become part of the future become a cyborg. sight words and design my perception of reality implants that make every day life easier. i use my implants on a daily basis that optimize the human body and to connect people more effectively. i hope that this will make us more ethical persons what would life be like as

a cyborg and what effect will it happen society does the human race need to upgrade i think it's only the beginning of this cyborgs human machines starting february first on t w. i ever want to welcome to another edition of euro max i'm your host meghan lee we have got lots to celebrate on today's show here's a look at what's coming up. clinician tradition we have is.