what has on his business, also coming up, insurance against destruction, the white home owners in the united states are facing sky rocketing premiums, business dw business on k. ferguson. thanks for joining me. us tip maker in video has briefly at least to join the ranks of a trillion dollar company, putting it in the same category as a whole. amazon, microsoft, and alphabet grease. the search in value which saw it hit the trillion dollar mark for retreating again. slightly comes 2 days after seo jensen, juan appeared at the copy tax trade show and type hey, where he described the industry as being at a tipping point. and if it is primarily known for its high powered graphics cards for gamers, but this year it's market cap has more than doubled due to rising demand for a specialist chips for running a i. applications. here is how long described for he believes the industry is at right now. this is really one of the 1st major times in history. a new computing

model has been developed and created. we have now reached the tipping point of a new computing era. the rate of progress, the rate of progress, because it's so easy to use is the reason why it's growing so fast. this is going to touch literally every single industry. now in video as me, he eric wise comes against the backdrop of an escalating chip war between the united states on china, which has seen washington impose export funds on us chips. earlier i asked dw correspondence each in lee how in video c o jensen, one views these controls as well. he was says that the fat off from the u. s. would cause a numerous damage to american companies, because china is a huge and a replaceable market that businessman don't want to miss. so he urged us to be more

thoughtful if they want to impose further restrictions and never on the estimate of china as ability to catch up with the rest of the countries in. and also last time when the us in post, the explorer depends on like, who checks the the end of the day. are they just produce a substitute you'd with us slower plus testing speed. so i actually, i think they, it, since that they have found a way out of it. now you can, it is market riley has also provided a booth to other tip makers which might surprise some people like a t s m c, and taiwan. and so i'm out in the netherlands. maybe you can tell me a little bit about the relationship between these 3 companies and how that co operation might develop as a i takes off of the relationship is kind of very close to one another. for example, m v d a as an expert in assigning

a chips. it relies on p s. m, z to manufacturer of those shirts, but p s a t as an a t s n c without causing a promotion. machines cannot provide other vans chips as well. so that is where a s m l comes into play because a s n l provides high end machines to the market that other companies cannot provide. so i feel like these 3 companies there are like a fleet in the chip and they make a good team in the semiconductor supply chain. meanwhile, us on you officials helping, holding high level talks and establishing common standards on our special intelligence. lisa garcia arroyo is an as a professor at hong kong university of science and technology. she's been a following. it both talks closely at least this technology is racing ahead. so fast taught cvt is everywhere. ready. what tools do policy makers actually have at

their disposal? no much we have some general principles, unesco and good principles for um a i in a fixing that. but given the speed, as you said, of the development, then also the fact that we are hobby, by now, not only check do the fee, but you know, full goal that microsoft by do alibaba. um, so it's just not going to be easy to as to basically develop standards that are followed by everybody. number one, i'm also that out. i can to the degree of development of all of these different types of energy bags or platforms of generate data. yeah, it's, it's very, very difficult. you should want to talk about how these algorithms actually learn. chattahoochee basically have access to the entire text of the internet during its training phase last month,

easily became the 1st company to bonded on the basis that that didn't comply with data protection. what is your take on that? were there privacy violations that way? i understand that we'll want to take the time that we want them or a tory i'm attempting to do was asked to to, to, to follow these moratorium that was requested by and number of scientists, a scientist. i. but the reality is that the problem is not the, the fiction. and, and the reason is that as far as we know, what is, that's what chapter 2 beach as told as the imp, they read event at information which is the basis to train you, right? you pointed out of the program at ease or um, basically it open access data, whether it's be could be the with them or united. uh ok please 6, b, i'm basically data sources, but all of them are on the internet. so that's not the problem. you may be

a problem for us because the more than the privacy is the call that the toughness of that information is, is, is it as these all 4 sources? it how can we then distinguish between both on and at fake fake news or, or, or, you know, this information, no missing information in the ear at all. but, and this is a big, big question because i'm privacy in my view to the u. s. on the you are talking about cooperation, but there's also being cold calls for a sort of a global framework for regulating a i have plausible do you think this is we start with your us speech supposed to be easier and then thinking about the regulation, i think already, origin that's are different because you're right in point that we need to and probably it's, it is not the only what we want to take time. better understand this technology to and to, to,

to figure out how to 1st possibly be better be our self and not depend on the, on the us once again. um and, and also make you comfortable with the number of, of, of principals in the privacy is certainly one, but not so much on the input, but perhaps in the 4th. i mean, well william 14 chapter b is that would be used by check do the b, m there. yes, there may be at the privacy, they the privacy issues. so we mean time, the us probably, maybe the government needs time, but the companies don't want to give time because they want to develop faster than the most obvious competitor, which is china. so that's why i seen the incentive structures. that's not really much, even between the us and europe, let alone a try. not any strategic competition for global technologies in germany with a us. and there certainly is time pressure there. these, like i said, are all right, thank you so much. thank you. nights his own with the other double business

stories making news. china's economic re band appears to be losing steam, according to the official manufacturing purchasing monitors index factory. i put shrunken may on export. so for the 2nd month in a row, over all the worlds 2nd largest economy is staging on on even post pundum recovery with services out performing factory activity. turkey is economy, expand a 4 percent and the 1st quarter of the year that's according to the countries official statistics agency. the growth can partly be attributed to the availability of cheap loans which have different consumption. the layer as rapidly decreasing value has also made the countries exports more competitive. putting threes is being dealer set from the new york stock exchange for no longer amazing the criteria. the financial firms share price crumbled after the class of 3 us regional bank. fred fears it would be next. the bank's upcoming sale to u. b. s is however,

expected to resolve the issue. japan has passed a new law that allows nuclear power plants to operate for longer than 60 years to pop. so 6 decades life limit of a plant operators will need a special permit from the government. depends economy ministry, set the new little aides to ensure a stable supply of sustainable electricity in the future. now in the united states, an increase in extreme weather events has led to a search in the cost of home insurance. in coastal areas, in particular, many residents are facing huge bills to protect their property. our reports and modest police my travel to the southern states of louisiana, where he met people who still scarred by the memory of hurricane katrina. are now wondering if they can afford to ensure themselves against the next natural disaster . as we traveled to the south of louisiana,

new orleans musicians village was built for those who lost their homes to hurricane katrina. here we meet george and meyer, the de jane audio engineer was shocked to get news of a hefty increase in his homeowners, insurance. y got an email recently informing me that i needed to look at the new documentation because the insurance rates were going up and i didn't realize that they were going to actually double like maybe the cost of insuring private residences has soared in many coastal states. recently, in my, or took the facebook to vent his anger at the rising rates. more than 160 of his friends describe similar problems. we travel further south from new orleans passing the oil refineries that stride all the by use and wetlands and houses nestled between the gulf of mexico and the mississippi river. here it becomes clear why

people in louisiana are more likely to a flood insurance. then residents of any other state, flood insurance is provided by fema of federal agency. there recently changed it's methodology. now houses that are raised above ground are cheaper to insure, but not everyone can afford to elevate their house. we meet kenny bartholomew and his brothers, who saw little help after recent storms, they making a price raise just by forcing people to go up in air. you know, so everything is and they charging you at the moment, but what the prediction is down the line. so i don't want to feel this fair. i don't feel as you know is right on on the stuff the answer for homeowners, there's little relief in sight. the insurance industry faces an additional problem . re, insurers for the insurance for insurance companies are raising prices by up to 100 percent. and that's all for me from where you can always check out and you don't

need the comp slashed business for me. and the entire team here is by taking the

break for a vacation ending in tragedy. tens of thousands of ukrainian children were taken to russia from a vacation camp on crime in the trying to change the identity, the culture to change the abductions. how is russia stealing children from ukraine? 90 minutes on d. w. sometimes a seed is all you need to allow big ideas to grow. we're bringing an environmental conservation to life with learning facts like global ideas. to show you how climate change and environmental conservation is taking shape around the world

and how we can make a difference. knowledge grows through sharing, download it now from the guardians of truth. my name is junk and and i have paid almost every price of being enjoying this in a country like to tease taking on the powers that be they risk every thing they want to me and they try many times john doing door as activists, journalists and politicians living and anxiety from what drives them too much on my shoulders, but i have to hold this wave because i'm responsible for the future. all countries for the people behind the bus, the courageous effort against corruption and political crimes,

the, you know, our series guardians of truth watch. now on youtube dw documentary, the, this is the, the, the news line from the day that germany holds, the closure of full russian calling. so that's only the valid embassy and one general council. it will remain to lose in response to russians announcement that it will cap the number of german officials in its country. also on the program rights across 10 german.