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tv   Keiser Report  RT  July 28, 2018 7:30pm-8:01pm EDT

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they are posting huge losses than bushell looks at the reasons and how their employees and even consumers could be affected. wall street soaring around all time peak and driving that growth locomotive these guys who corporations like tesla spotify and dropbox are invested darlings committing even the general public who use their everyday products to buy in her role. as the leader in stream music i say some sometimes the most successful american tech company. just one tiny problem these firms are losing a rethink money tesla is worth more than car this is ford or general motors despite selling a tiny fraction of the cause and losing billions music streaming giant spotify is
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just announced vos lost is now the biggest startup in the world but it's lost money every year of its life and last year the worst an i was four and a half billion the hope is one fine day we'll all book. in to electric cars while uploading spotify music to the dropbox cloud or something like that but new economy new danger these aren't small companies anymore they affect millions of workers and users and cracks beginning to show suggesting far from expanding some are starting to fall out of their workforce and in the new economy relationships are shall we say complicated hundreds of thousands of paid for tesla cause the poor company hasn't even built if it goes bust these ordinary people would likely be quote wiped out definitely there's a there's a bubble not just in tech stocks but in the general stock market itself in the u.s.
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we're already seeing companies like general electric to caterpillar and some. the others. wells fargo in financial stress that there are signs of financial fragility as i call it where friends of fragility is really a condition where the cash flow to finance previous debt becomes insufficient and they can't roll over the debt and they can borrow that debt sold then they have to default or sell off some of their assets first their better assets and then they did they default that after the can sell off those assets well that financial fragility in my book systemically jilin the global economy is an indicator of pending financial instability and i think we're approaching that and we may see that emerge in the next year or two u.s. lawmakers and the american civil liberties union are raising the alarm over
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amazon's facial recognition tool now this is after it falsely matched photos of members of congress with criminals and there are now calls for a ban on its use by law enforcement and identification with that accurate or not could cost people their freedom or even their lives congress must take the strait seriously hit the brakes and enact a moratorium on law enforcement use face recognition or the american civil liberties union compared photos of all the members of the u.s. congress with a large database of criminal mugshots amazon's facial recognition tool may twenty eighth matches but all of them were false and eleven of the mismatches involve people of color that's prompted additional concern the union claims that the tool has an inbuilt racial bias forty percent of mismatches involve people of color and that is even though congress which form the test group is overwhelmingly white we spoke to technology analyst project k. about the issue. when the software is trained to recognize faces it
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has to train our corpus and the corpus is made up of lots of the images of people and for whatever reason the images are mainly copulation people then it will be better at recognizing them some of the minorities if they were well represented in the training so that if you just grabbing me any images that you find and many of them will be dark you know absolute people who have darker skin tones may just do just may be harder to see it should be understood their visual recognition is not a matter of getting a photograph and comparing it to another photograph and saying no this one looks like that and that's what is human we do know what a computer do ours is though the measures points in may the a.c.l.u. revealed amazon is trying to sell its facial recognition technology to government and police agencies that's led numerous civil liberties groups to join together and campaign against it even amazon workers have joined the protest but the technology is already being tested by some u.s.
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police department but next of course comedy as kate says you could expect this public safety commission is are already working with government agencies to deploy this technology at the a.c.l.u. we obtain records that show that amazon signed a secrecy agreement with one county to keep details about the technology out of public view they've also invited law enforcement to suggest new features and they offered free consulting to help the city of orlando build its own system and was on a setback at the a.c.l.u. to test those saying it had to use lower accuracy settings than a recommended. well eighty percent confidence is an acceptable threshold for photos of hot dogs chairs animals or other social media use cases it wouldn't be appropriate for identifying individuals with a reasonable level of certainty when he's in facial recognition for law enforcement activities we got customers to set a threshold of at least ninety five percent or higher management point of view what they said was that the train there are law enforcement clients not to use the
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software or who are making decisions but rather to narrow down the pool to where shuman can look at the final results and verify yes these do make sense either the same people or they're not the same people amazon is saying well we think it's quite helpful we can find lots childred and we can find criminals and things and that's all very positive so then the a.c.l.u. is saying yes but you also may use it as a way to sweep up people there's a possibility of abuse of the technology and there's also the use of it for good. israeli soldiers of the gaza border have killed three palestinians including a teenager and wounded eighty others according to guards as health ministry people have been demanding the return of territories they claim historically belong to palestine and journalists working with r.t. him kadar he was covering developments there as she was caught in tear gas fired by
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the israeli defense force protesters. so this is the theory that was drowned that was thank god. it made a lot. of people. in. the know you are going to know we're going to look at the body of the body. we just woke up from inhaling its effect i think you guys i think it does help you. just one more time by all the tear gas canisters and despite all of the life i'm using the palestinian protesters continue to protest and are still very very close to the fence participating in the great much of rich and this is not the first time and they have been facing this violence and business as a force but they have been witnessing this for more than eighteen weeks now most of the injuries today have been injured in the upper part of the body where most of
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them are in the chest in the stomach and down and out and the had this is one of the injuries that was shot with live ammunition from that is right the snipers that said this but a senior minister of house stated that most of the injuries today are from live ammunition this is a protest that was killed just then people are saying that he's shot killed it's very dangerous for us to be here but despite everything we're still here covering all the israeli violence against the palestinians more live ammunition we can hear live ammunition and more injuries are coming from the front line. israeli military says it responded in accordance with the rules of engagement and is defending the border and accuses the mass of using the protests to try and breach the barriers the protests in the gaza border have been ongoing now for almost four months.
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now facebook has blocked the accounts of right wing activists in brazil that's ahead of elections that they say is part of a crackdown on fake news we'll take a closer look after the break. you know world a big part of new things a lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the back and shouting past each other it's time for
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critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. and. we are going through a dramatic economic and social and cultural transformation now women want to participate gay lesbian people want immigrants want rights in many cities are saying that's my way but there are more traditional parts of the society that are saying no i don't want that i live in a more of a world community i believe we should have one national policy i believe in a country that's divided as much as any in the world we actually have to localise our government. and. i've been saying the numbers mean something they matter to us as a rich one trillion dollars in debt more than ten thousand colored timestamping
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each day. eighty five percent of global wealth he longs to be ultra rich eight point six percent market saw thirty percent rise last year some with four hundred to five hundred trade per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only number you need to remember is one one business shows you can't afford to miss the one and only. back facebook has blocked the accounts of hundreds of rightwing activists in brazil it's part of their campaign to tackle fake news the move those caused outrage in the country many are claiming facebook is clearly interfering in the upcoming presidential elections for later this year the head of the rightwing free brazil
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movement says the tech giant's decision to block the accounts came as a surprise is our facebook justified its decision these pages and profiles were part of a coordinated network concealed by the use of fake accounts on facebook which hid from people the nature and origin of the continent for the purpose of generating division and spreading misinformation or of course. was shut down and i was like what the hell is going on then suddenly i start to receive. from. marvel friends who are also the woman and suddenly we also realize there are many many profiles or support files for all of the leaders for. shut down and then we realize first even before the facebook he was an answer we realized that there was our high tourers. journalism paper writing that we are we
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were bennett for facebook because we have our like a network of around three hundred facebook pages and profiles spreading fake nails and we're like we don't spread any freaking well what the hell they're talking about brazil's federal prosecutor is called on facebook to explain the blocking of the profiles he's demanded a list of all pages and profiles blocked as well as a factual justification for each decision is co-founder of the free brazil movement run and santos again he says the deleted pages were obviously influential enough to attract facebook's attention. it was in the last three years the most influential cult of page on brazilian facebook and it's of or are one of the more influential political beaches in the world actually or numbers of engagement used to be compared to mr b. and inherently and we did a lot of transformation or calgary because of our job because of our natural because we fought the mainstream media the as equally the they knew that they
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couldn't win the public debate against us so they decided to shut shit or we're not to make or make us quiet and that's what they're doing they start to first of all putting down our reach on facebook used to reach eight million people might even have people they need only on our facebook page and now we reach one point five to one people and they are doing these because of what's your lectures and also because intern actual actions they are there and somehow they're trying to shore near american elections that they are doing their homework using brazil as. an expert an experiment for. the u.k. has suspended its cooperation with the u.s. over the prosecution of two former british citizens who joined islamic state that is the eisel beetles because of their accents the pair were caught in syria and could now face the death penalty in america britain had intended to share
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intelligence to help the prosecution but london decided to take a short term pause after outrage in britain over the possible execution the u.k. dropped the death penalty back in one thousand nine hundred sixty nine lawmakers rights groups and a family member of one of the suspects all appealed to the british government takes a closer look. political values human rights taking a stand in case you missed it quite frankly a bit of a pay when you want some but not the terrorists taken care of. the isis b. cells not called back because most of the medina don't want is a terrible drama but because they carried out he must accept terroristic gruesomeness well speaking with a british accent grammar came up with that title has unfortunately made them sound a little too costly for a gang of murderous but hedges.

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