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tv   Business - News  Deutsche Welle  May 17, 2023 11:15pm-11:31pm CEST

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it thanks to a real madrid own goals, cities. julian albert, it's added 4th go in stoppage time. you want to dw news. chris covers up next with dw business news. i will see you tomorrow. the people in trucks insured when trying to feed the city center. more and more refugees are being turned away. these straight pieces screamed around
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200 people. around. more than 300000000 people are stinking because no one should have to make up your own mind. w, made for mines the, the artificial intelligence poses a threat to humanity, more than 60 percent of people say in a fresh writers pool in the united states. so how is this latest tech, phenomenal phenomenon, best regulated expert announced also coming up with political pressure and
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competition, growing and profits declining full gauge. what's the best strategy for foreign companies in china? chris cobra. welcome to the program. if this technology goes wrong, it can go quite wrong, says the chief executive of a check g. p. t's open a i. sam oldman earned us congress to impose new rules on big tech a hearing on tuesday. and this problem proposed the u. s. law makers to consider licensing and testing requirements before launching powerful models, as well as revoking permits. if rules are broken, his stress that it is critical to mitigate the risks of powerful models given concerns about this information, job security, and other hazards. this is a remarkable time to be working on artificial intelligence. but as, as technology advances, we understand that people are anxious about how it could change the way we live. we are to we believe that we can and must work together to identify and manage the
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potential downsides so that we can all enjoy the tremendous upside. it is essential to powerful lay eyes developed with democratic values in mind. and this means that us leadership is critical. i believe that we will be able to mitigate the risks in front of us and really capitalize on this technology potential to grow the us economy and the world's. earlier i spoke to yvonne about to let issues the global privacy officer at re pro tech consulting. see, and i asked her what she made of some altman's appearance before congress. well, thank you so much, right, and great to be, we do, i mean, some of them, it is right. do sign something that it's important something that many i'll say something that may have said for very long time, which is that to be sure, intelligent springs, fantastic. opportunities for the world, but at the same time it also carries space. and if we want to make the most of
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a always say that it can benefit you by me, then we really have to show that we have some governance in place to mitigate the race. and uh, he's been, it was very clear, i think, you know, in a, i think a section with congressman which was a company swimming, which was very, but they were there was some alignment to that long. there was some alignment around the fact that to that to regulation has to be joyce. right. that to be at. so these alignment towards the, i believe quite important. i don't know what kind of regulatory models could we be looking at here as well in the you're in you're, we're not required to handle this. the committees have adopted in the, the, the of the test on the, um, the okay. may i ask, which is likely to go to the you from the retreat both of the 14th of june, they both stop the you going to institutional dialogue and the
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european act, which is likely to be then approved by the end of the year is based on rates, so it basically says if the product is high risk, which means it has an impact on us as individuals, it could infringe upon oh, individual rights of freedom. some liberties are held in that case, the higher risk. and so we need to wrap some control surround it, and then there are some of those high risk that um, on your risk, they're completely babs from the european union. so like, for example, things like the social story that is, that happens in china that they've seen this conflicting with the european where you're living and don't the right to nathaniel is back to you. but they're also all the ones that we could regulate to. yeah, i mean, yeah, yeah, uh is a multiple the hope is that he will really, i'll show you a discussion. i pretty much what countries to adult, they just,
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i should around just efficient intelligence. there are different ways of doing it. and this, you go to, i think that we have that agreement, that we, that this break to make sure that we need to regulate a post site. but we need to break is a to the page. yeah. oh, goodness ations. you know, one of our to let a global privacy officer had to be pro speaking to me earlier is our china investment safe? that is a question heard more frequently in german border and these days as political tensions of a taiwan arising along with regulatory pressure and competition. on the chinese market, midsize companies in particular, which are the backbone of germany's economy, seem to reassess their china exposure. entrepreneur unfair ca ago has been active on the chinese market for more than 20 years. his company, manufacturers, rubber and plastic parts like hoses for waste water plants and seals for solar
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system and 90 percent of all solar plants come from china and half of all wastewater treatment plants worldwide are built in china. our products are for biological waste water treatment, which means it's an important market for us. so far. the family own company from honda over germany has its own factory in china. but giga says it's not dependent on business there. he admit, this is not typical for other operators in the german industry. just, you know, and it goes back to the fact that china is one of the largest markets in the world can be seen as a blessing or a curse. german industry has developed very well in china over the last 20 years. and many jobs here in germany depend in a certain way on china. but the question is, aren't there alternative markets that compliment china? the question applies to every entrepreneur at the moment. a concern within the
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business community is that china could attack tie one that would be a red line for and today i see, i guess his company also does business in the us. so it's similarly dependent on american politics. if china were to attack, jaeger would have to make a decision we would probably try to scale down our activities in china to such an extent that we would not be effected by the american sanctions. mister jago wants to keep producing in china at the same time, he's trying to open up other markets in places like india and indonesia, and spread his entrepreneurial risk as widely as possible. i'll be talking to an expert on china policy here in a moment. first, here's our correspondent on the question of whether he things china is becoming a riskier but for forward investors. because of growing regional tensions for the
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1st time in decades, some companies and investors have gone to consider with the risks of invested in china, away the potential benefits. and with china's top leader season calling for stronger national security and restrictions on the information available to foreign governments and companies. the chinese government itself is a celebrating decoupling for investors are not going to be comfortable work in that environment. if they feel their operations are constantly and inspect the leak, disrupted the w correspondence on hand speaking from taipei, they're not before the show. i spoke to steve sang director of the so as china institute in london, i asked them how risky it was before and companies to invest in china. current mood depends on what industry you are engaged in. if you are still engaged in the kind of, in the way to industries that china needs desperately. the chinese members do
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create a quick eyebrow and for you. but if you are engaged in industries where the chinese themselves have the technology, then you don't have a right to make a huge profit any longer. let's look at the 2nd part that he mentioned. there are now in these time of height and political tensions. fox lag and reportedly wants to work together with chinese tech firms like hallway to provide software for his for the electric vehicles needed in china. what do you make of that? well, i think that is still potentially school full. that collaboration, as long as walkway is driving it, and walkway just not losing control, but he's technology, but he's licking goes foggins dependent on qual, wait, knology. particularly if the technology will be used for the export of we had closed bill by and was fog and look inside china or indeed even outside of
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china hodge baldwin. and then as long as always sees as long as hallway is driving this technology that understanding correctly there. yes, the idea of the hallway was penned open and technologies drew amy far and comp company, i don't think is technically realistic. probably a good one to be in control of it. but it's quite a conundrum that for an firms find themselves in here, right? i mean you have growing pressure from domestic competitors on the electric. take a vehicle market for example. um, and which would cause a more investment at the same time, the political demand in germany, for example, is to downsize the once profitable china exposure as well. i think the just need is for copland companies like volkswagen history, strike a balance both between the needs of china and denise of the home
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country. as well as advantage between the short term and the long term in the short term is, is simply to work with a chinese on a line twan play. but in the longer term, the walkways control over the technology could be a serious problem for a company like volkswagen. but that is me the a longer term popular one and then you make it short comfortable. do you see they are concerns about china investments among mid sized firms as compared to large multinational sorts them? well, the chinese government would really be focusing much more on the technology. one of the size of the orange companies, whether you're talking about the medium sized companies or shoot, come going to rich. when you are dealing with the chinese system,
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the chinese system is usually while the pick out then your pick multinational. just ask for data and you have an edge. oh for you, a steve sighing, director of the source china institute in london speaking there. and you as a reminder of our top, sorry, chat g, p. t's open. i chief sam, open urgency as congress to impose new rules on big tech and hearing mr. alton, propose that to you as lawmakers who tested for licensing and testing requirements for launching powerful type models and adverbs so far show for more check out our website at dw com slash business. i'm 1st cover in berlin. thanks for watching. have a successful the
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toxic air. south africa's economy depends on cold. but air pollution is a legal problem. indeed, those are pushing for a switch to renewable energy. but with so many livelihood, it's dependent on cool. it's a test message to cell d w. it's more speed ahead for venerable age is traced and which might soon be the location for micro chips in your thanks to silicon maker. hi, tech, from sacks,
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