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tv   Business - News  Deutsche Welle  January 4, 2023 10:15pm-10:31pm CET

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night this i take you well to buy a new fog and rain instead of snow while by no means comparable to the humanitarian disasters caused by global warming around the world . the current state of european ski slopes is yet another sign that the climate emergency effects all of us. and that's all for me for now, daniel winter will be here with tea to leave business next. another top us tech firm is flashing jobs. do stay tuned for that. for more headlines you can always head to our website that's as always p w dot, come back with secrets lie behind these walls, discover new adventures in 360 degrees and explore fascinating world heritage sites with d. w. world heritage 360. get the out now. ah,
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hello guys. this is the 77 percent. the platform for african youth to defeat issues and share ideas. you know all these channels. we are not afraid to touch on. denny kids talking to young. people clearly have the solution. good. future loans to the 77 percent every weekend on d w ah, another top us tech firm is slashing jobs. business software make a sales force as 10 percent of that staff will have to go, will speak to our correspondent. also coming up with microsoft search engine is hoping to catch up using the power of a i will ask an expert if it has
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a chance of taking on google. and portugal has positioned itself as a haven for digital nomads, but they're also pushing up local house prices. it's that time again, d w business. welcome. the mass lay offs in tech continue u. s. software company sales force announcing plans to slash 10 percent of its workforce. the company says that the decision is down to the challenging business environment. and customers being more cautious over their purchases. employing nearly $80000.00 people sales force anticipates up to $2000000000.00 of compensation charges due to its plan. the company says those who are laid off will receive nearly 5 months of pay, health insurance and other benefits. and the ends quarter as in new york with more yen sales force is following the trend of other tech companies. where did it go so wrong? well, i mean, daniel, we saw an epic arise for tech and digit to accompany them in the early days of the
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pandemic met. now we see a massive decline that is true for sales force, but for other companies as well. the head of sales force actually mentioned that they over spend a higher too many people during the pandemic. and now that the demand is coming down quite a bit with uncertain economic environment, and we do the less spending from customers, and therefore those costs content, those mess a lay off. so by the way, last year and salesforce had already lost about half of the market value. but we also, as i mentioned, thought the epic arrived late and 20 and most of 2021. i'm staying on the topic of employment, this fresh job state out today. what can you tell us? well, i mean in general, the labor market does remain very strong. even with those uninstalled that we are getting more and more left and right that they are hiring, freeze us,
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or else he got the french figures for a job openings almost 10500000. historically, that is a very high number on top of it. we thought about 4200000 americans creating that job. so when people quit that job, they believe it is rather easy to get a new and better or more interesting one to come. so there was, by the way, the 18 some tickets of months. daniel, that we had more than 4000000 americans creating that job. that is also a record figure. so bottom line, the labor market so far as still remains the strong. that also probably mean that the federal reserve, at least for now, we'll keep increasing interest rates. what caught on the other side to put more pressure on economic growth. so it is time that we're still living and investors will be watching that very close again. call to thank you very much for that. now let's take a look at some of the other global business stories making news. the inflation rate
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in france fell faster than forecast in december. it drops to 6.7 percent from $7.00 a month earlier. it tallies with similar data from germany raising hopes among investors for an ease in interest rate hikes. international comic us to lantus will produce electric air taxes with us aviation company archer sto, lantus says it plans to invest a $150000000.00 in archers. vertical takeoff and landing aircraft designed to carry 4 passengers at a time. production is expected to begin in 2020 for facebook and instagram. both owned by matter have been hit with fines, totaling 390000000 euros by the irish data protection commission. the fines are a result of breaches related to the processing of personal data for behavioral advertising. and microsoft is reworking its being search engine to include artificial intelligence that powers the chat,
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bought known as changing p t. microsoft recently invested $1000000000.00 in the developer of g p t. open a i. they hope the partnership will challenge google's dominance. microsoft is expected to launch the service by march. nicole goodner is the ceo of a i consulting firm, or antiques, momentum, and nicole. maybe you could start off by giving us an idea of how been could incorporate a i into their search engine. hello and a for sure. so there are a 23 trends at the moment in machine learning that a very interesting for being one is the development of big foundational models. so in this case, big language models at just have a much better semantic understanding of language altogether. and the 2nd one is the trend of generative models who are capable, which are capable of really writing text almost better than you or me or some students. and that make can even hit different tonalities. so this together with
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a clever context building can, can build a very good search function and very interactive element. so in that way, it can be a better interface for humans because it can deal with people in natural language. but how much of a threat is this for google? after all, they have their own lodge language model, lambda, and currently that the undisputed kings of such. so should they feel worried about this? i guess the answer is nuanced. on the one hand, a lot of 1st or 3rd transformer models and faces that is important for tech t, v t. and also the big application was also created by google scholar. so technically, i would say it's very much an integrated world and 2 questions i would strike me as important i one user interface. so what we'll use as decide for do they prefer this interactive element that chad she p t is giving that google is currently not incorporating that search interface. and the 2nd would be also factual correctness
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. in my opinion, google is much better at the moment in controlling factual correctness, even though check cbt had been, give very nice text, they can still be and factually incorrect. and that's obviously very important when you deal with that. yeah, open a i have said that that's an issue that they're working on with the g p t because it does spit out information which isn't necessarily correct but confident. but moving on, i'd like to talk about, i had a conversation with, with an expert last week who expects 90 percent of all people to face permanent unemployment in the coming years. because of a i were talking lawyers, engineers, consultants, journalists. how do you see the near future are you are a i optimist or a pessimist. what would you say? quite naturally am. i'm an optimist that says that of my business that let me give you reason. i think they'll know a lot of space for humans and human creativity and the human contribution. so while
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there are many tasks that i believe can be automated now and, and they're invading, i would say fields that we formerly thought were very human and very prone just like to human creativity like generating text, right? a debt. there still other other things that remain for humans, so to speak, for example, a lot of the true creativity. so these models are always a representation of data that's already there. true new, just knowledge generations, not yet possible. there's also all elements that are tied to blue color work, for example, if they're still very hard to emulate. also everything in robotics is it's still very hard to really penetrate what they are. so they're still lumped jobs left. ok, well let's just hope that this time, next year and i'm gonna be talking to an ai news reader. nicole britney. thank you very much for your analysis on that. thank you very much. and now we're heading to portugal where the sunny weather and lucrative tax breaks have made the country and
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increasingly popular destination for digital no mats but locals in cities like lisbon or porto, was less enthusiastic about the new kind of migrant worker driving up the cost of living not far from this memorial for explorers and colonists that left the shores of lisbon centuries ago. a hot spot for digital nomads is flourishing. this is the hub is over the past 56 months. i've worked in madeira munich, manheim on con canaria cape verge. oh, and hamburg and berlin 1000000. and now the now portugal, lisbon. felix is a software developer for a company in hamburg. he's an home office, but without a home to many digital nomads. lisben is a welcome stop on a never ending tour. when we've done a live, there's a community for me and i know i can meet some friends and find new ones too than
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this place is much more interesting to me than sitting alone somewhere in berlin, lining up, beating lots of sunshine and a relatively low cost of living have made portugal an attractive place for this workforce. and now the government supports the movement offering these us and tax breaks. wonder silver is fully on board. she's renting out $33.00 rooms to no matter. very important. why fi? why is it important? because they worked remotely, a one bedroom where the bathroom goes for $1300.00 euros, a lot of money in a country where the minimum wage is only 705 years. the nomad workers are bringing money, but also problems. the housing market is heating up. i'll show him to make use always, it's getting harder for young people in portugal to find a place to live. the prices have been rising a lot for us. my hoover and portugal is far from done growing even more hosting of eps summit in las been with 70000 techies in attendance. we caught up with the
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country's prime minister to ask how he wants to deal with the problem in video to so we'll have to work on salaries as well as the housing market. and we have to focus on young people, so they see a future here. this it's pretty weighed. portugal wants to make itself ever more attractive to digital nomads, but there's a few problems. the country still has to navigate. and finally, we end with a jumbo sized story. elephants have always had celebrity status in thailand, and now they're even entering the realm of online influenza. get this elephant owners are hoping enthusiasts will swipe right for cute elephant videos. the countries, 3000 privately owned elephants have traditionally proven to draw a lot of tourists, but now some elephant owners are hoping to attract a new online fan base by live streaming the animals playing with their toys or walking the streets. elephant lovers can show their support by leading
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a donation online and why wouldn't you anyway, a quick reminder before we go all of our top business story, this our u. s. based cloud computing software company sales force is just amounts of it's cutting nearly 10 percent of its workforce. the company said the decision has been made due to the challenging business environment and customers taking a more measured approach to their purchasing decisions. and you're up to date with a d w business. thank you very much for watching. in a globalized world where everything is connected, all it takes is a smart to set things in motion. local hero show how their ideas can change the world.
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global 3000. next on d, w, they were underestimated and discriminated against me that they have proven themselves female and trip in as india ah, what is the secret to their success? what, how do they overcome? and what do they need to achieve? true equality made in germany in 60 minutes on d w. oh, i think everything jenny fair, some are big. i'm listening so much different culture between here and there. so
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challenging for everything. ah, and to some of this, i think it was worth it for me to come to germany shop my got my license to work as a swimming instructor on dish and now i teach children on the dose to swim just what's your story? take part, share it on info, migrants dot net. ah ah ah, well, couldn't the global 3000 polluted tree fishing electric boats on lake victoria.

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