tv Boom Bust RT August 22, 2017 9:29am-10:01am EDT
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right 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 we've seen so much job 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 stand by right now. i.
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find out how they got some fast growing auto manufacturers and now one company is in talks to bid for 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 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 the. element abroad.
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also french oil company 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 and gas producing region in the world of 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 maersk will focus its core on transport and logistics arms.
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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. bianca for she has more on that for us now about that this can't be the first time we're seeing companies lobby for un involvement can it no 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 is a new concept to anyone especially on the battlefield but the way they've developed is concerning the global 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
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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 despots and terrorists use against innocent populations and weapons hacked to behave in undesirable ways we do not have long to act one says 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 tests the founder elon 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 it said. that's a danger to the public is regulated i should be too and this isn't the first letter
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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 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 is 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
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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 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 this specially 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
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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 with first. so maybe privacy we haven't yes 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 who sort of spearheading this effort we oftentimes quote him is he running out of his credibility on this because he's always you know pounding about pounding on about this this topic but like you mentioned steve was now do it 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
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about other areas like saying he thinks that maybe the world is a good video game simulation that's going to be 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 important. thank you. these the session of 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 are pretty to santos has a story today from los angeles producer fill us in how will this sort of calyx it
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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 korda nater she is a dual citizen to the united states and she says that since seven hundred eighty seven when the original. the framers of the constitution held the last constitutional convention things have drastically changed which is why they are calling for this take a listen. how do i put this you know. white middle aged so that actually they want me leisure 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.
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this you know. white middle aged russian it won't be leisure time man who came across. from another country and just. the structure of our. territorial. whether it's your parents 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
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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 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
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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 but the kellogg's it 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 that what this is that 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 twenty eighteen for voters to then agree on when they 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
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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 lightning speed as we go to break here are the numbers the closing bell. the horn dog may not only be tasty but also dead to the ship between kids sure it was suggested well and a fairly strong one there were two thousand brad so involved in the study it's
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a very extensive study done by a well respected scientist. do chemicals that down the advertising. really increase the risk of cancer and i chose a means of known to infuse damage in the last intestine is it a shared skepticism they do not believe that that risk is is truly by independent scientists so did the industry paid you for this i received some compensation for my time as well as the others why is that the meat lobby definitely didn't like what we were doing and if you want to learn more you'll get a definite on seeing the flood of you out here do not go back there. is a big business against health. as it started. almost . in safety. here's what people have been saying about rejected in the us is that
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it's the law in austin the only show i go out of my way to launch you know what it is that really packs a punch. yampa is the john oliver of our three americas do the same we are apparently better than blues nothing better to see people you've never heard of love redacted tonight was the president of the world bank so they're going to write me seriously send us an email. yeah we employ keighley will place a call and they police a key to keep. let's say i. was. supposed to. get him you know who are looking to commit their fear in the right.
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place for the ball club with such force they did hoping to dodge michael for what he said i feel we should i should think must like you all 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
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order of beijing requires automakers and other foreign companies in china to work 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 us china business council's vice president says market access shouldn't 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
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a move by eighteen thousand lawyers to push forward on merger conditions under justices approval however 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. . but 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
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while media lionel give us some details on this move by wal-mart. don't talk about the clips whatever you do 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 it's i like that i know listen first of all we love wal-mart love them but as of late ok listen stop it don't be a snob at 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
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it was eighty years this year that we had the famous horrible in didn't bird disaster where the great herb morris and said you're mad their humanity is 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 and. we look up and i say well it's three o'clock here comes the blimp there comes the wal-mart but now assuming we're not talking about dropping you know dish 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 that number two what if as you know anything that's out there a drone can be hacked and if it's half that means i can take it next now that i would accuse anybody of doing this but let's look at corporate let's say piracy and sabotage your nest be a notch jamming this causing a problem and i don't want to be a luddite. but there is something that's so very efficient lindsay about a truck. takes it to your home i know you hate it but we got to we got to be honest there are traffic signals there's highways there's inclement weather trucks get stopped if you're god the right to the air the airways as they're calling and the f.a.a. regulating the delivery is you got your little pad that it drops on to whether it's
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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. we've got to keep that up isn't this a good capitalistic i well it may sound great but i see 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 blimp but i have got to do something so that lindsay 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 boy 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
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mean i have to see this how a drab pizza delivery ok brick and mortar little pizza shop zips on over in your kind of waiting for it to drop your pie and there you go but a box of cufflinks via drones i don't know it sounds i'm safe because it was i got it i don't know if i had to handle it i haven't opened it but but it sounds i just can't get by 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 out in am. donna's talking about landing pads right see 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 you know as you know air and light easements and also we talk about the doctrine where you would have i have an owner
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of a property maybe object to these drones going back and forth do they qualify as aircraft look as you know when as i've said this line is 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 drones humming 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 brilliant because think about
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this when was the last time you ever were excited about getting 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 she is in the back the backyard of your man's butt but who is it who's going to take care of these drivers and those individuals who manned 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 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
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of work you're going to certainly make up because there's no there's no insurance there's no workman's comp there's no union there's no problems but what have to show what employment reliable you want 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 drones maybe we should be spending so much employment tax income tax i want to bring you on for a whole hour on work displacement but i agree it's a scary scary thing you are to are to train them. just drop my give me my stuff fake or something i know what i love because 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 lionel thank you so much for joining me on the. legal and media expert line of media.
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whether you call it pop pop cola or a soft drink lots of us enjoy 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 taxes though 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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oh ok well what. other program before more of a. spiritual people have been saying about rejected a night with you i suspect it is full on awesome the only show i go out of my way to launch you know a lot of the really packs a punch to sleep yampa is the john oliver of marty americans do the same we are
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apparently better than the blue. sea people you've never heard of love redacted tonight my president of the world bank will hate him because he really meant it seriously he sent us an e-mail. get out of afghanistan we will also expand with the american armed forces donald trump does a total you turned on his repeated pledge to quit afghanistan now vowing to expand the military operation with no plan for a withdrawal. the president also makes another attempt to hail the u.s. political divide amid claims both sides are now trying to exploit the divisions political game. and the u.n. voices deep concern on reports at least forty civilians have been killed and a u.s. led to.
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