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tv   Boom Bust  RT  August 22, 2017 5:29am-6:01am EDT

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[000:00:00;00] live live. live . i. see frances is broadcasting around the world from washington d.c. tonight the great wall of china automaker great wall is a leader in china is set now to snap up the division of chrysler in a push to become the world's number one specialty s.u.v. maker and on to the north sea it's expensive for deep water drillers but one french company has staked a claim in the region by snapping up an oil and gas company by those low oil prices
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we've seen so much jobs and the massive eighteen tee time warner deal advances under regulatory review some fear a monopoly but lawyers are pushing forward we take a look at what could happen to eighteen t.'s user data as part of this agreement by right now. i. find out how they got some fast growing auto manufacturers and now one company is in talks to bid for fia chrysler's jeep unit great wall motors admits it is in an ambitious new step talks on to the global stage and what it would place great wall at second position in the chinese auto manufacturing industry if it did snap it up
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the great wall sold just fewer than one point one million s.u.v.s last year behind jeeps one point four million says jeep is on the chopping block as its ability to compete globally requires a tie up to a bigger partner due to the high cost of developing and marketing vehicles this is right in line with great walls goal of becoming the top specialty s.u.v. . producer by two thousand and twenty now chinese companies in industries from autos to robots are spending billions of dollars to acquire brands and technology to strengthen their competitive position at home and speed up development abroad. also french oil company total has expanded in the north sea by snapping up the oil and gas division of danish conglomerate a.p. moller maersk for seven point five billion dollars to be exact now this will shore up its position in deep waters of the north sea which is the seventh largest oil
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and gas producing region in the world that denmark will now become the regional hub for all of its operations norway and the netherlands as well now as part of the deal will get four point nine five billion dollars worth of total shares which is equivalent to around three point eight percent of totals share capital the french company which will also assume some two point five billion dollars worth of maersk oil that said the deal underpins its dividend profile meanwhile america will focus its core on transport and logistics arms. and we've seen killer in the movies but some robotics companies are worrying it could be one day our reality and to stop that from happening they're asking the united nations to step in their bus bianca for she has more on that for us now now that this can't be the first time we're seeing companies lobby for un involvement
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can it now so it's not the first time but it is pretty significant because just a few years ago we only saw one robotics company come out against so-called killer robots so clearly in just a matter of the few years a lot has changed the use of autonomous weapons isn't a new concept to anyone especially on the battlefield but the way they've developed is concerning the globe. well robotics and artificial intelligence community in an open letter over one hundred companies urged the united nations to implement a ban on lethal autonomous weapons they wrote lethal autonomous weapons threaten to become the third revolution in warfare once developed they will permit armed conflict to be fought at a scale greater than ever and timescales faster than humans can comprehend they added these can be weapons of terror weapons that desk pots and terrorists use against innocent populations and weapons hacked to behave in undesirable ways we do
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not have long to act once this pandora's box is opened it will be hard to close the letter was released during the international joint conference on artificial intelligence and australia and was signed by one hundred sixteen leaders from twenty six countries that includes test the founder musk who in a series of tweets earlier this month said if you're not concerned about safety you should be vastly more risk than north korea nobody likes being regulated but everything cars planes food drugs etc that's a danger to the public is regulated i should be too and this isn't the first letter of its kind a similar one of those released in two thousand and fifteen but was signed mainly by lab and university researchers however was indorsed by apple co-founder steve wozniak and cognitive scientist noam chomsky the first meeting of the un's convention on certain conventional weapons was scheduled for monday but has since
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been postponed to november. more dangerous north korea i hope he includes a timeline on that because i know right now i don't think your laptop's going to be doing that for now let's talk about this u.n. council which we expected this november meeting well so far on this council there's one hundred twenty three member nations that group nineteen have signed on for a ban on the so-called killer robots or lethal autonomous weapons we don't know many other details about what this ban would look like and how it would be implemented we'll have to wait until november as long as it actually happens then but you know it doesn't mean every member nation is going to quickly join on just because a small minority of that group has said that they're concerned about the future of the world because of these killer robots obviously we know that just because the u.n. wants to implement something or even if they're successful in implementing that that everyone would necessarily follow along when also we think of robots as being controlled by some sort of human element there but obviously he's talking about
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something that we have no control of bad news for darpa so how does this discussion you know has it shifted away from robots killing jobs because this is a this is a pretty you know taking it to a very high level of fear yeah there's a big sense of urgency here at the especially when you read that letter but it really depends on if you ask clearly the signatories on this letter believe that killer robots are a bigger threat to us than almost anything else in the world now that. there are a lot of other issues going on. but apparently you know they're trying to get the u.n. involved so they think it's a serious problem but there are plenty of other members of the robotics community that think job displacement is a way bigger deal that has already impacted us awat especially in manufacturing and many other industries in the u.s. and to them they're saying well this is already a problem that people are experiencing on a daily basis not that of killer robots isn't serious but we also have other problems that that industry has impacted in other ways that we should probably deal
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with for so. maybe privacy we haven't yet we haven't totally shifted away from job killing to human killing but you know it just depends on i guess which company leaders are asking in one mosque apparently thinks that's a bigger. everyone's always bringing up the one mosque the person is sort of spearheading this effort we oftentimes quote him is he running out of his credibility on this because he's always pounding about pounding on about this this topic but like you mentioned speed was now do is it time for other leaders to step in because it seems like he's just going to be sort of i don't want to say crying wolf but just screaming a lot about this yeah and you know he's made some very choice comments in the past about other areas like saying he thinks that maybe the world is a good video game simulation that's going to go so sometimes you have to take things that he says with a grain of salt yeah all right thank you so much for the doomsday report very
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important to me thank you. the secessionist movement in california continues with a third attempt at making a cow exit reality its face constitutional roadblocks time again since gaining steam after last november's election but supporters in the golden state are not giving up a ballot proposal has now been filed to rework the constitution so states would legally have the freedom to leave the united states or he's pretty to santos has a story today from los angeles producer fill us in how will this sort of kalak sit as it's called how will the effort be different than the previous efforts. so that supporters have now filed a an initiative to call for a constitutional convention and i spoke earlier with claire had seen the initiative courting nader she is a dual citizen to the united states and she says that since seven hundred eighty
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seven when the original framers. the constitution held the last constitutional convention things have drastically changed which is why they are calling for this to take a listen. how do i put this you know slave. white middle aged that actually let me play for the time man who came across. from another country and just want me to focus on the structure that medical power and territorial and. whether it's humans or an issue of labs and position so obviously that's not remotely relevant to today's life. this you know. white middle aged russian it won't be leisure time man who came across. from another country and just from reading the story on the
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structure of our. territorial. whether it's humor or an issue. so all of us. right so they're calling for a convention under article five of the constitution because they said that the founding fathers had intended for a convention to take place every twenty years clearly that has not happened and this would be a convention to propose amendments to allow california and other states to take their futures into their own hands and to devolve from the federal government lindsay where some of the economic issues that we've got to talk about california want to see big changes why secede right now. so some of the economic issues that they address here are things like reforming the campaign finance laws to take away corporate personhood for the purposes of political speech they want to require all people to get you poor pay for equal work and also to require the federal
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government to allocate funding to states based on how much those states pay in federal taxes and that's in addition to many other things on a social scale that california maybe doesn't necessarily agree with the federal government on wednesday ok well how likely is this constitutional convention to happen they must they've got to lawyer up on this to get this to happen right. well this is actually very likely to happen it's just a matter of time and that's because so far at least twenty seven states out of the thirty four necessary to call for a national constitutional convention are supporting this however i do want to mention that between seven hundred eighty seven and two thousand and fourteen over eleven thousand proposed amendments have been submitted but only thirty three of those have ever been approved by congress and submitted to states for ratification of those thirty three only twenty seven have become ratified and that includes the first ten to the bill of rights so this is not something that happens all the time
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but the colors that movement says that they really want people to. agree with this petition because it's not just supporting secession even if you don't agree with what this is saying california has a right to speak up for itself in this convention and to update the constitution and again right now this is just a proposal and initiative so people need to sign it about over half a million people would need to sign it for it to even be presented on the california ballot in two. see thank you very much for. coming out us from los angeles thank you. time now for a quick break stick around though when we get back get ready for more taxes on beverages this time it's soda may put it out of reach for many consumers and coming up my guest fills us in on retail inventions that are taking to the skies at
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lightning speed as we go to break here are the numbers of the puzzle. steals a lot of them all the america's intellectual property and but the way to fight it is not to be a wall building. you know troll living under a bridge and helping the bad people go away be bold get rid of copyright law. take my own path. to everyone to use that would kill wall street immediately i'm all for it but i don't have that option right. here's what people have been saying about rejected in. the long. the only show i go out of my way to launch you know
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what it is that really packs a punch oh yeah it is the john oliver of r t america is doing the same we are apparently better than. the c. people you've never heard of low down. president of the world bank so very. seriously send us an e-mail. yes we had book a clinical place called the day police a key to keep. the lights out. so my mother won't get him you know who are going to commit their we're going to write. so.
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much for the ball club with such coffee they did a point of dodge myself a little while he said i feel we should i should think you must like your profile thank you for such but he's. a big guns. china says that it will resolutely safeguard its interests as president donald trump orders a possible u.s. trade investigation of beijing's technology policies and the alleged theft of american technology and intellectual property technology trade groups applauded the order of beijing requires automakers and other foreign companies in china to work
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through joint ventures usually with state owned partners they often are required to give technology to these partners who might become competitors such as electric cars and other emergency emerging industries the u.s. china business council's vice president says market access should be contingent upon transferring technology and that it goes counter to china's world trade organization commitments president barack obama ordered a similar investigation of chinese policy on green technology back in two thousand and ten that ended in a negotiated settlement which could be a possibility in this case. and the department of justice review of eighteen tees proposed eighty five billion dollars takeover of media giant time warner has reportedly reached what is being called an advantage state according to the wall street journal it may signal a move by eighteen thousand lawyers to push forward on merger conditions under justices approval however
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a possible sticking point for the telecom giant is what it may be required to do with all that data is collected from its customers especially those using wireless services telecoms routinely sell the information to other telecoms the question regulators ask is whether the information gathered should be affordably available to those competitors. detractors of this deal especially president donald trump cite a possible monopoly of corporate ownership of media companies such as the h.b.o. warner brothers films direct t.v. and c.n.n. . well is that a bird it's a plane no it's a blimp wal-mart's floating warehouse it's applied to the patent and now we are all waiting to see if it will in fact block out the saga like the solar eclipse on its way to delivering our goodies but it's not alone and it's audacious attempts at unusual delivery here to skeptically discuss it's legal and media analyst lionel while media lionel give us some details on this move by wal-mart. don't talk about
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the clips whatever you do and i don't want to hear anything about that the clips anyway go to hit don't you think it i'm sick of the ecliptic so i got to tell you now listen first of all we love wal-mart love them but as of late ok listen stop it don't be a snob and wal-mart is america and you know when bobo when we think of wal-mart by virtue of the mean and its customers it it kind of notes a certain shall we say a bucolic type of image now when i think of blimps and the high tech you mention. and tesla apple wal-mart you just don't you know i mean you just build now that being said. let's go back and think of blips you know it was eighty years this year that we had the famous horrible in didn't bird
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disaster where the great herb morrison said you know managed their humanity so when you think of blimps and disasters and wal-mart i don't know maybe it's just this whole solar eclipse it's making me wacky today but let's go through a couple of things first leg said madge you were sitting on the front porch at the friend's mantz at. we look up and i say well three o'clock here comes the blimp there comes the wal-mart now assuming we're not talking about dropping you know dish was a dishwashing liquid and door you know washer dryers it would have no home serious think about that one work with me it has to be smaller items right right ok so what could go wrong well first of all porch pirates as you know those people drive around looking for stuff that's left on your front porch can't just wait for the three o'clock for the blimp to show up and say all old man calvert got
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a delivery let's go over there and let's go over here so that's that number two what if as you know anything that they're a drone can be hacked and if it's had that means i can take it next not that i would accuse anybody of doing this but let's look at corporate. let's say piracy and sabotage your nesby and jamming this is causing a problem and i don't want to be a luddite but there's something that's so very efficient lindsay about a truck. takes it to your home i know you hate it but we got it we got to be honest ok there are traffic signals there's highways there's inclement weather trucks get stopped if you want god the right to the air airways as they're calling and the f.a.a. regulating this and delivery is you got your little pad that it drops on to whether it's a washer and dryer or a bag of chips we're talking about efficiency we're talking about consumerism two thirds of the g.d.p.
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we've got to keep that up isn't this a good capitalistic i well it may sound great but i'd say on q v c but wait there's more now lindsay i'm not suggesting this but something tells me that bezos and wal-mart might say listen. i'm going to file a patent about this blip we don't have the slightest designed of this blip but i have got to do something so that lindsey france will be talking about this on boom bust and that other people will say hey look wal-mart's competitive they've got up patent in for a book you know patents don't have to work i mean you know that so what i'm saying is i give the impression a bagel sometimes likes to let people know this is a great way to let the world know that you're a competitor but what's going to be happening though is that when this starts i mean i have to see this how
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a drab pizza delivery ok brick and mortar little pizza shop zips out over in your kind of waiting for it to drop your pie and there you go but a box of cufflinks via drones i looked at sap and i'm seeing it because it was i got it i don't know if i had handle it i haven't opened it but but it sounds i just can't get my look at this you look outside is the words my engagement ring heritage party that are helping you out there with that net so it drops it and then amazon is talking about landing pads right so you activate the landing pad maybe it's got a little it's like a safe or something and then the drone drops it and it clocks so maybe you know we don't have to necessarily talk about that but it does bring a whole slew of items to bear such as you know rights to the air drones that she was going to write this well air as you know erin the easements and also we talk about the doctrine where you is a private owner of a property maybe object to these drones going back and forth do they qualify as
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aircraft look as you know when as i've said this lionel's law so that the law always lags behind technology so nobody's even thought about this but let me just tell you something i can't wait because the first time you start looking up when you see the sky peppered with drone. humming and buzzy and things dropping now let's ask this they always ask this question as you do every day so brilliantly what could go wrong what could go wrong looking up and seeing the sky filled with these dropping things dropping or landing and then coming up and taking off and landing now i don't know about you but aside from that i'm sure the work itself seth sabotage and the like i find it brutally it because think about this when was the last time you ever were excited about getting
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something in the mail but then we got to ask this question who replaces the drivers who looks lindsay's got her pizza we're going to have but there see is in the back the back yard of your man's butt but who is it who's going to take care of these drivers and those individuals who man this because there is new legislation that says that whenever a drone replace is someone replaces a human being who paid taxes you're going to have to compensate for that so while this is terrific and while nothing is going to get in the way of our expertise and our adventure and our new world remember that when you have factories that are pitch black freezing cold or sweltering hot no lights manned by just machines and you have a very serious and very substantial displacement of human personnel who now are out of work you're going to certainly make up because there's no there's no insurance
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there's no workman's comp there's no union there's no problems but what happens to one employment or a lie you know you want to you and i can go on a free market tirade for an hour on the people who get retrained for jobs they can be the ones working on the ground maybe we should be paying so much employment tax income tax i want to bring you on for a whole hour own on work this placement but ira it's a scary scary thing. you are darted. just dropped my give me my stuff you know what i love i love talking about the fear of automation with you because it's a lot a lot of people's minds and it's always entertaining to talk about it thank you so much for joining me on the. legal and media expert on media. whether you call it pop sort of pop cola or a soft drink lots of us enjoy
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a cold beverage such as this but if you're going to philadelphia you are better off heading to a bar apparently due to the new soda tax their beer is now cheaper than soda for instance a twelve pack of discounted propel sugary energy drink costs more than twelve dollars post soda tax while a twelve pack of ice house beer is only about eight dollars after the beer tax although it's very cheap in bad beer now there might be other consequences as well according to a journal published in two thousand and two a journal article about soda taxes lack of cheap soda might actually drive more people to consume alcohol so why even have the stack in the first place the city wanted money to help pre-kindergarten programs the less than half of the thirty nine point four million dollars collected from this tax so far has actually made it in to education funding yet that's all for now check out the show on youtube
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youtube dot com boom by starting thanks for watching next time. well you could you know what it's really none of us i know but where you and one million people died and i. killed
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people even danger you. know no one's income to lay a few pennies around in that and that's. the only. but also. the relationship between. it was suggested. and a fairly strong one there were two thousand. in this study it's a very extensive study done by a well respected scientists. do chemicals that down the advertising. really increase the risk of cancer and i chose a means of known to infuse damage in the launch into
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a shared skepticism they do not believe that risk is seen as truth by independent scientists so did the industry paid you for this. station for my time as well as you know others why is that in the media hobby definitely do like what we've been doing and if you want to learn more you'll get a definite on seeing that floodgate. you're not back to. big business against health. as you're starting to show.
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in safety. trump does a total view turn on his campaign pledge to quit afghanistan to expand but with no deadline for withdrawal. from the polls or makes an attempt to heal the us political divide have made claims both sides trying to exploit it for political gain. the un warns of a massive civilian exodus in iraq with people deprived of basic communities as

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