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tv   Business - News  Deutsche Welle  March 24, 2023 2:45pm-3:01pm CET

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since it's the diligent work of small companies around the world who feed the algorithm, we'll take a look at one of them. i'm seeing dizzy in berlin, welcome to our show. tensions are growing between beijing and washington over the fate of tick tock in the us. china warning thursday against u. s. efforts to ban the popular app or force parent company bite, dance to divest its u. s. operations. and that came just before shoji chew c e o of by dance, which is the company behind tick tock testify. the congress that the ap had no significant ties to badging calls for washington to act on the social media app gathered steam after that testimony. the issue was the later source of tension between the 2 nations. and clifford coon and my colleague joins me for more on that. clifford, let's start with his testimony. there was, this is highly anticipated. a lot of people talking about how this would go, how did it go? i think it's fair to say it didn't go well for,
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for tick tock or its parent company by dance. it was basically, they done a lot of preparation. they'd install the ceo who, who looks in many ways like he's, he's a chat g p t version of, of the. so, you know, here, exactly, you know, he's, he's, he's singapore in, so he's not mainland chinese. he's harvard, goldman sachs, you know, he's got these excellent credentials. he's a great appointment and they hope that by that that they can basically present a much more progressive, a much less china people's republic of china aspect to the company. and instead he faces grilling and am i mean tech ceos never do well in these congressional hearings. i think it's probably fair to say, but he still, he, he evaded questions. he was, he found it difficult to answer things. for example, was asked about change young. now i know a lot of ceo's are being asked to have the western chinese province are muslim. minorities are oppressed exactly. yeah. and he was asked about whether there was persecution of the weaker muslims there. and he kind of dodge the issue and try to
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focus on the content of that that's in the, in the app. so other western companies have done this. volkswagen has done this in germany. they've also said that there's no labor violations of their plants in, in change young. but it's just one of those examples of things where he really, he really faced a grilling and didn't come up with the goods you use the word installed as if he's not the real face of this company. is there anything that you could have said to reassure congress in this case? i think there's been a lot of things, i mean, since the trump, donald trump, basically tried to put tick tock up for sale a few years ago. and then he changed his mind. also because the chinese stood up, the chinese government basically they love the algorithm that runs tick tock. and that row that runs the in which is the chinese version of to talk because tick tock is actually found in john itself and a so rather than give up their crown jewel, which is the tick tock algorithm they basically put on the list of band export
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items and on which they at which point to talk. so we're, we're not going for sale and then trump moved on anyway. now the biden administration has revive the, has revive these things, but forcing to talk to, to divest. so i think that basically, against that kind of backdrop, we've also had very spying allegations against them that they've admitted that they, they use their software to. they used to talk software to, to follow some journalists from both buzzfeed or several employees of the company. we should say, lease, that's what a company. so yeah, yeah. of both feet and financial times and they since apologize and employees have been fired, but it's got this air of espionage suspicion corporate corporate espionage. so for a little a good say, let's listen in this case to what china said, following that testimony, if you play that may vary in the u. s. should respect the principles of the market economy and fair competition. it should stop unreasonably suppressing companies
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from other countries and provide an open, fair and non discriminatory environment for investment and operation or at a spokeswoman for the chinese foreign ministry there. when we set aside sort of the weirdness of the fact they're talking about free market principles, the communist party there in china. where does tick tock fit over all in the general trade dispute picture between us and china that we've seen in recent years . what i think what we saw yesterday was kind of an unfair tick tock is positioned, is that the center of what is increasingly a battle ground between the u. s. and china? we're seeing it now. we've seen in geopolitical terms, over issues like taiwan and, and, and now we're seeing it in the corporate world. it's really stepping up. it began with, wow, way for the tech telecoms gear provider while way, which is has strong links to chinese government and approve problematic around the world and take talk in some ways is a much more public version of this. it's the public face, a much more public face for this corporate competition that we're seeing now between the u. s. and china and it's ideological competition. it's,
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it's basically you're seeing 2 very, very different styles of corporate governance coming head to head. you know, critics, i pointed out that western tech firms also have issues with transparency when it comes to data security or their data policies to the algorithms perhaps, perhaps. and that also there have been instances of western tech employees using the algorithms to target reporters. for example, or other firms, i should say, i don't, these people have a point that this is sort of strange that this chinese company really comes in the spotlights when there are similar examples with western tech firms. well, i think, i think the big difference is, is transparency. facebook, mark zuckerberg has been, he's been one of the tech ceo's is perform poorly in front of a congressional committee before. when you bring, when you bring people up, you know, you see before these you can see that they do indeed have a point. but at the same time, there's no transparency and there's that people are not sure whether the chinese
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government can just reach in and take whatever information you want. i think that's ultimately what it comes down to. right. for coon and you know, the business. thank you very much or less her now to some of the other global business stories making headlines or i staying in china authorities. they're rated the officers of us corporate due diligence, firm mince group, and attained 5 local staff. the news comes amid a deterioration in us china relations and months of diplomatic tensions. the rate of men's group offices is likely to raise concerns among foreign companies. there you as prosecutors are investigating swiss banking giant, u. b. s, and credit suisse for allegedly helping russian oligarchs. evade sanctions, the to lenders fe significant vines, if the justice department finds evidence against them. us authorities began investigations before the beginning of the recent banking crisis, which saw you be us agree to take over credit suisse. germany is bracing for severe
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transport delays and disruptions on monday. the country's 2 major trade unions verde and e v g have announced a nationwide public transport strike for it is now demanding a more than 10 percent pay raise for public sector workers. a chat, g p t being bar, just some of the most prominent consumer facing ai applications out there. but how to get so advance. there's a learning process and that takes constant feeding of the gym. and that work often tedious, is done far away from silicon valley, and it's created a small industry of its own. take a look. rashni is one of some, 200 women who work at this data center in southern india. the 25 year olds job as a data worker and bogs, feeding algorithms with new information. this just seems like a given a, giving an individuality to me. like i, i feel as an into that like,
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i am earning know, i'm a dependent and i'm her freedom of like a financial freedom is something different. if he had ex meetings in her company employs more than 700 people who all graduated from good schools. that's a must because the company deals with large international customers to we're teaching the human in diligence to a machine that is symbolic, called artificial intelligence. we also use machine learning, for example, because without doyle has safe driving got it is called autonomous driving. so in order to do to this machine or disco, how to drive in the profit, what is human? what is wrong? what is the weakest realty to them? issues by labeling annotating on the corolla, there's been an increase in a i companies and they're drawing interest from foreign firms. it's attractive because costs are lower. a young professional earns $250.00 euros per month on
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average. but branding challenges will mean for companies trying to pitch their workers as serious competitors to others on the international market. it is not true that these workers are a low skilled workers. that is not true. many of them i work with many workers in i will gary and syrian and nurtured tina. and many of them have degrees. they have a decrease in computing and i t computer science and so on. so it is not. it's just that they don't have the opportunity to work it better just so they do dis, ah, as a way to make ends meet as a company in folks is breaking the industry mold by offering sick pay an maternity leave while rationing still lives with her family. she finds the benefits appealing, we could same for ourselves and we can give a better life for our family as well. so this is only basically sierra combining other companies. and this hasn't been the standard and global ai data work. but
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with the sector growing 25 per cent annually, things are slowly changing for the workers who feed machines with information. hundreds of thousands of russians have left their home since the beginning of the war. one destination as georgia, where russians can enter and earn the rights work without complication. tens of thousands are staying in the black sea city of but to me, there's a look at one recent immigrant. but to me, georgia, a place of refuge for thousands of russians. one of them is maria and i t specialist from st. petersburg. she and many other refugees say they're against pu and, and the russian warren ukraine. she supports russian opposition. politician alexis, of all me. but after his poisoning and imprisonment, she sees no future in russia numbering a little eligible to hold demonstrations in georgia in russia. they would
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immediately throw you in prison, rather than in georgia is her temporary adopted country getting in was easy. russian citizens don't need a visa. maria rents an apartment with a kitchen, bathroom, and bedroom for about 500 years a month. betty shares the flat with her maria is financially stable in st. petersburg. she was well paid, working as a programmer for an american company. here she works for a new client based in israel, george and makes it simple for refugees to gain a foothold. residence and work permits are issued within a few days. rosa, yada booked, or i registered as a sole proprietor yet could all of that. it's very easy, it takes a day or 2 qual taxation for small businesses, also very low, only on one percent of income for the sward. that's a unique situation and very attractive for i t special as the sites. and it's also the reason why many programmers come here there. tens of thousands of us does
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require new subdivisions. many of the countries young talent are fleeing to other places and turning their backs on putin. right, that's our show for now. we'll be back later with more headlines in the meantime. check us out aligned to be dot com slash business. we're also on youtube under the deed of the news channel. i'm see if there's a link to watch. ah, [000:00:00;00]
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