emergency effects all of us you're watching the daily news alive from berlin. daniel windsor is up next with d. w. business and news about mass laughs in the tech sector. i'll be back at the top of the hour with more headlines, and in the meantime, you can visit our website for all the latest news and analysis. that's d w dot com . and of course we are at d. w. news on instagram and twitter. and we'll also ica, thanks for being with us. take a bye to put you 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. magellan journey around the world starts january 19th on d. w. ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage site. d. w world heritage 360. get the app now. m. 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. microsoft search engine is hoping to catch up using the power of a i will ask an x, but if it,

the 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, the 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 digital companies in the early days of the

pandemic. and now we see a master decline that is true for sales force, 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 and sales force had already lost about half of the market value. but we also, as i mentioned, saw the epic arrives, a late and 20 and most of the 2021. i'm staying on the topic of employment, this fresh job state out today will. 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 fresh 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 american, creating that job, that is also a record fingers. so bottom line, the labor market so far as still remains as 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. so 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 of 3rd transformer models and faces that is important for check g, p 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 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 taxi b t 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 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 such as 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 then 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 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 i'm going to 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 no mats but low coals 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 now 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're done live, there's a community for me and i know i can meet some friends and find new ones too. and 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 silva is fully on board. she's renting out $33.00 rooms to nomads. very important. why fi? why is it important? because they worked remotely. a one bedroom with a bathroom cause 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 will push my over. and portugal is far from done growing even more hosting of that summit in lisbon with $70000.00 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 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 based buy live streaming the animals playing with their toys or walking the streets. elephant lovers can show their support by leaving

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 amount of its 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 into the conflict zone. the conflict in ukraine is only one of the was vladimir putin is fighting, put in chief target, marcia has been alex sailor, bow me, my guess is week. your next island london is one of the valleys associate. leukemia i shook up the group, is made me and shaming thousands of officials supporting more in ukraine. but how

far will that vent hooton's power conflict zone? next on d, w, we've got to understand the globalization words, but it is not reach more than 30 percent of the world population. very simple, in the manner to ryan as become a kind of great sarcophagus. if anything he was proud of, it was to be a steel, a foreign ship start catching our fish globalization. where do we stand in 45 minutes on w. o. in many countries, education is still a privilege. hummadi is one of the main causes some young children work in mind

drafts. instead of going to class, others can attend classes only after they finish working with millions of children all over the world can't go to school. with we ask why? because education makes the world more just make up your own mind. d. w, mate for mines. the conflict in ukraine is only one of the was vladimir putin is fighting at home. he's cracked down viciously on descent and opposition. hooton's chief target in russia has been this man, i like say in the valley now in jail with exams corruption, foundation band and labeled extremists. they're calling on russians to do whatever they can.