in 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 affects all of us. and with that, you are up to date, daniel winter will be here after the break with d. w. business and news about massive layoffs in the tech sector. and remember, as always, there's one use an analysis on d, w dot com on the la saga and for me and the team here in but, and thanks for watching by departure into the today, this meets flying to a foreign planet in the 16th century. it meant being a captain and setting sale to discover a route and adventure full of hardships, dangers,

and death. my jillions journey around the world starts january 19th on d, w. these places in europe or smashing all the records, step into a bold adventure. it's the treasure map for modern globetrotters, discover some of europe's record breaking sites on google maps, youtube and know also in book form ah, ah, another top us take firm is slashing jobs. business software make a sales force as 10 percent of it staff will have to go will speak to our correspondent. also coming up, microsoft search engine is hoping to catch up using the power of a i will ask an expert if it has chance of taking on google. and portugal has

positioned itself as a haven for digital, no miles, 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 ins. 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 digital companies in the early days of the

pandemic. and now we see a massive decline that is true for salesforce, but for other companies as well. the head of salesforce 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, we do see less spending from customers and therefore those costs content, those mess a lay off. so by the way, last year, salesforce had already lost about half of the market value. but we also, as i mentioned, saw the epic arrived late and 20 and most of 2021. i'm staying on the topic of employment. that's 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 unexpected that we are getting more and more left and right, that they are hiring freezes or layouts. we got the french figures for 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 fingers. so bottom line, the labor market so far as still remain so strong. that also probably means that the federal reserve, at least for now, we'll keep increasing interest rates. what could, on the other side, to put more pressure on economic growth. so it is time that we are still living and investors will be watching that very close the 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

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, bought known as changing pity. 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 butner is the ceo of a i consulting firm or antics momentum. and nicole, maybe you could start off by giving us an idea of how big 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. for this, together with

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 curtly 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 check 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 are one user interface. so what we'll use as decide for, do they prefer this into active element that chat g p t is giving that google is currently not incorporating that search interface. and the 2nd would be also

factual correctness. in my opinion, google is much better at the moment in controlling factual correctness, even though check c p t had been give very nice text, they can still be 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 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 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

increasingly popular destination for digital nomads. but low calls in cities like las bundle 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 jessica hobbes over the past 56 months. i've worked in madeira munich, manheim on con canaria cape, verge, o and hamburg, and berlin billing. and now the anal portugal. lisbon. felix is a software developer for a company in hamburg. he's in home office, but without a home to many digital nomads. lisben is a welcome stop on a never ending tour. when we've done the live, there's a community for me and i know i can meet some friends and find new ones too than this place is much more interesting to me than sitting alone somewhere in berlin,

lining up reading 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 as and tax breaks. wonder silver is fully on board. she's renting out $33.00 rooms to nomads. very boston, 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 of if it's getting harder for young people in portugal to find a place to live. the prices have been rising a lot. i could push my over. and portugal is far from done growing even more hosting of that summit in las been with 70000 techies in attendance. we caught up with the 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 is 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 celebrities 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 that toys or walking the streets. elephant lovers can show their support by leaving

a donation online. and why wouldn't you anyway, quick reminder before we go all of our top business story, this our u. s. base 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. i job to date with a d w business. thank you very much for watching. oh, they all share a belief in peaceful coexistence, nbc st. george, near paris. this is nothing unusual. each of the world's major religions has its own place of worship. it's a unique place of exchange hosting many inter religious services

focus on europe. d, w into the conflict zone. the conflict in ukraine is only one of the was vladimir putin is fighting hooton's chief target in russia. me. i like say the valley, my guess is week in exile and london is one of the valleys associate lab email i shook off the group is made me and shaming thousands of official supporting more in ukraine. but how far will that dent hooton's power conflict zone? in 60 minutes on d w o, you become a pre klein. mayo already knows with

hackers, paralyzed between your societies, computers, that outs where you and governments that go crazy for your data. we explain how these technologies work, how they can go in for us, how they can also go terribly. watch it now on youtube. this is focus on europe. i'm liable, lola happy new year, and a warm welcome to the show. hope for a new beginning. it's a dream that's prompting my.