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tv   Business - News  Deutsche Welle  September 1, 2023 5:15am-5:30am CEST

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all right, well you are up to date and stay tuned for d w business, which looks at whether your energy supply is secure. rob watts will be here after a short break with more and there's plenty more using information on our website. you don't, you don't. com and you can follow us on social media or handle is dw, use unpopular funding. the as thanks for watching the doors towards the scoring we say they were about never giving up sports flies every weekend on d w. d with each other than was the best make everything. so let's find out if this has any taylor don't a whole bunch. uh and cocoa. elaine take classical music off the pedestal and into
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tiny house. really cool. guess deep conversations around the kitchen table and lots of music boxes. but i'm sure some tiny house sounds it does to him. the 2nd i'm dw, the walter, the difference? yeah. makes the 12 months since most guy turned off. the taps germany is gone from reliance on russian got to me no longer needing it for look at house as corporations that countries invest in there are and a i will ask whether a small money is going on sufficiently intelligent as the state of your business. i'm of what's invalid and welcome to the program. a year ago, russia stop supplying germany with natural gas at the end of supplies. down the
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north string, one pipeline forced the german government to rush to find other supplies of energy . a year on the country has broken its reliance on rush just for months after russia's pipeline supply, freeze, german chancellor, olaf saw the wilhelm top and liquefied natural gas terminal terminals, and flint spiritual enlightenment are built to to keep the gas flowing. ellen g tankers are converted into floating terminals at record speed as rushes sent the majority of gas to germany, the supply fries caused immense disruption. norway, previously germany 2nd most important gas supplier rose to become the new number one responsible for 42 percent of its supply followed by the netherlands in belgium, which have increased their shares drastically. di you countries like austria and italy continued to be supplied by russia. last year,
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russia was still one of the 3 most important gas suppliers to the you, with a share of about 25 percent. similar to norway and elegy gas, which is becoming increasingly important in germany, comes mainly from the us crew. tar and nigeria. russia's war and ukraine has drastically changed to europe's energy market. germany has extended a lifetime of coal fired power plants. other european countries want to build new nuclear power plants because of the energy and climate crisis. let's discuss germany is changing energy relationship with russia. with olga tacoma from the global energy center. thanks a lot for being with us. okay. so it's germany's winning itself off of russian gas . something of the success story of the past year. uh yes or no. so in a lot of ways of the last year and a half over a year and a half had been
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a tremendous success story in how quickly europe in countries like jeremy, is able to take it away from russian energy sources. germany, particularly, was a heavily reliant, much higher percentage than other european countries on russian energy imports. in record time, germany has installed us several episode or use some of which are plants to be transformed into permanence. a allergy facilities that starting 2026. however, we're already seeing some push back in germany on you know, whether these ellen g facilities are truly needed. do more me to come online. so although initially jeremy responded with exceptional speed to the energy crisis. it was on president the how quickly the some of us are use where installed. we're seeing a bit of an issue in terms of finding a permanent solution for the coming from a significant amount of russian,
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a pipe guess from the work stream that was coming to germany in the past. and how to ensure that that is a permanent shift and not just for a couple of years. yeah. because brochure is always going to be on germany and the use doorstep on it's going to continue to have these massive reserves. so maybe the war isn't gonna last forever. so is there a potential future where actually we start to see a resumption of inputs of russian gas in your i don't think we can take anything out of the question and it's really important right now to build out, you know, supply chains, connections across to europe, in the local supply to permanently shift away from russia. otherwise, you're right. there is a risk of going back to perhaps not a 4045 percent reliance on brushing energy sources. but it's significant enough for lions to wherever us you can still use. will that as an energy weapon will live as
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a, as a way to pursue is to political priorities. and that is the last thing that you're on need a one way to mitigate that. of course, our long term contracts across. yeah, we've seen quite a few of those pop up, but there's still some hesitancy on from some european countries on signing on something that's longer than 10 to 15 years. and seeing how the synchronizes with reaching climate goals, no, considering the amount of coal and other heavy carbon generation across europe, l, n, g, you can actually contribute to both energy security in climate goals. but of course, every country is in a different situation. still, there are some countries that have a long term contracts standing on pipe gas deliveries from russian. now we all know russia stop those deliveries a to blackmail in europe,
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introducing its support for ukraine last year, but nothing is stopping but just from trying to restart it any day. and you know, they've seen that the black mail hasn't worked out. i don't want to rely on a scenario where kind of the of the try the opposite strategy with each one of the floods. the market was really cheap. gas in some countries in europe, might not be able to say no to that to him fiction. oh, okay, the from the atlantic kansas global energy center. now let's take a look at some of the other global business stories that are making the news. work is at tech years say through department store, have gone on strike, mocking the 1st major walk out of the country. his seed in decades, and 900 employees, one jump guarantees before upon the sale. if the company strikes our explain the roach and the is g d p. agree by 7.8 percent is joining the 1st quarter. 2023. the fastest pace in a yeah. if it could be time list expectations and suppressed last year's best
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quarter growth, which stood up to 6 point one percent, it was driven by the countries service sector and government, the capital expenditures by king john gave us says it will cuts $3000.00 swiss jobs in order to reduce redundancy, america, that's part on this restructuring plan. after taking of arrival, credit suisse anticipates the decision, will help it save $10000000000.00. you'll be surprised at a profit of $129000000000.00 due to a leading chinese. the search engine by do has made china is 1st artificial intelligence chatbox code, any fully available to the public paging seas. a i as a key industry survive with us and aimed to become a global leader by 2030 ton. his alley developers are sticking to competes with western drivers such as microsoft and open a eyes and make a home chat g p t o in cross. now to dial eyes from when to push
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secure, it is done. you set a tidal wave of ai spending is coming. so who's spending that money and why are they pushing it? a janet prizes a and i the ultimate consumer franchises. i think we, we weren't using with metal google on the search side of me in my opinion. this is the most significant tact trend we've seen 30 years similar to the internet. 1995, it's a gold rush. it's a trillion dollars of incremental spend, which is why we are bullish and tax sector. was also interesting says that that countries are also investing or just at the japanese trying to double its investments now over the next couple of years. who's stolen the motion based on this at so far? many companies out in front because we've heard of chat jc, etc. but, but, but who's really ahead of the game on this right now, it's microsoft and it'd be the is world, and everyone else has paying rent. i mean,
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they really own when you think that the a market book you, this is it's a 0 sum game. google big tax strong's gonna get stronger. why the names like mine would be be snowflake and then of course, what type in china. i mean, this is really a global arms race that's happening in my opinion. it all starts with the godfather of a i in the media engines and and i think that just speaks to what i view as an unprecedented waiver spend dives from what bush security is fast. now, the fast growth of ally is not without its problems. one of the issues is how the works of artists can be protected. somebody i systems such as those that generate images, feed off real life, artworks and now the artists want credit for their work. kelly mccarren and makes their living as an artist, selling vibrant paintings like these one big fan of making is work,
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artificial intelligence. the artist says their work is being used to generate a uh, images. and so i found that my name had been used just last year alone, over $12000.00 times, which discovering that as a single mom and struggling artist was pretty upsetting to find out that there are these companies profiting off of my name and my work. so i started to do a lot of research find out like, how does this even happen? how are they making this happen? why is the scale so gross file what you see mckinnon is now one of 3 artists looking to protect their copyright by assuming a maker of these kinds of a i, tools, stability a i tools like this one suck up as much available data as possible in order to train artificial intelligence systems, then anyone can ask it to mimic a style and generate new imagery on command without compensating the makers of the original works. the artist and the suit say it's not just a matter of principle,
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but critical to protecting their careers. and the reason why they're able to produce compelling imagery is because the work of some of the best artist in the world is in there. so i'm like, competing with this like weird monster of a 1000000 faces that took my face and took the faces of all my other peers and all my friends and everybody industry. and pretty much every artist on the internet. you, you can't come pete with that. the ability a, i says, in a court filing that it creates entirely new and unique images that are just similar to the images in the training data. but whether images like these will continue to appear on our screens is now in the hands of a san francisco judge of the amount of the top business story that way. following for you this hour, they are got a rush of stop supplying germany with natural gas by the north street, one pipeline police force the german government to rush to find other supplies of
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energy. here on the country has broken her lines on the rush. and also from the end of business team here, and then if you would like more from us, do have a to d, w dot com slash business. you can also goes with the data, you use youtube channel, whether it's a business tax and we just got plenty of more stuff from us cleaning up the business to be on there as well, but checking out your funds on facebook as well. so next time, the
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rug, the environment, trends, technology companies, digitalization, stall, tops, new market, new media. the world is accelerating. sees the opportunity to try new things, take flights with data, we use business magazine, made in germany. next on d, w. the same in germany. curious scenarios, so genuine possibility becomes to opt out, no more comb gas. you can't tell tongue which can be transition to feed or a germany pulling d w.
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