13/07/2017

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:00:17. > :00:18.From the corporate world to the top job in politics:

:00:19. > :00:22.A similar journey but two very different Presidents.

:00:23. > :00:26.So on trade and climate change, can they do business?

:00:27. > :00:28.Plus, facing up to artificial intelligence.

:00:29. > :00:32.Critics fear it will take our jobs, but tech giant Microsoft says it

:00:33. > :00:45.We hear their plans for the biggest invention since electricity

:00:46. > :00:59.Strong trade figures from China are good news

:01:00. > :01:03.but likely to stoke tensions with the US.

:01:04. > :01:06.We start in Paris, where, as you've been hearing,

:01:07. > :01:09.US President Donald Trump is arriving in the next

:01:10. > :01:11.He'll be celebrating France's Bastille Day tomorrow

:01:12. > :01:13.as President Macron's guest of honour.

:01:14. > :01:16.Despite tensions between the two, the White House says he'll be

:01:17. > :01:18.reaffirming the strong ties of friendship between the countries

:01:19. > :01:20.and building on their economic partnership.

:01:21. > :01:22.Let's take a look at what's at stake here.

:01:23. > :01:25.The EU's trading relationship with the US is the biggest

:01:26. > :01:40.The problem for President Trump is it's tilted in Europe's favour.

:01:41. > :01:55.in other words it sells more goods to the US than the other

:01:56. > :01:59.Which brings us to this: the Transatlantic Trade

:02:00. > :02:04.Talks on the massive free trade deal between the EU and US have been

:02:05. > :02:06.suspended since Mr Trump came to power.

:02:07. > :02:10.The business world will be watching closely.

:02:11. > :02:13.As it will on this - the Paris climate change accord -

:02:14. > :02:17.Mr Macron says he will be pressing Mr Trump to sign up again,

:02:18. > :02:22.Another source of transatlantic tension -

:02:23. > :02:24.European pressure on the big US tech firms

:02:25. > :02:32.But on Wednesday a French court ruled that Google is not liable

:02:33. > :02:40.So despite the war of words - and handshakes -

:02:41. > :02:43.could Presidents Trump and Macron - both from the corporate world -

:02:44. > :02:47.end up having a good business relationship?

:02:48. > :02:54.Hillary Clinton said during the campaigning in 2016 that Trump was a

:02:55. > :02:59.big bully and needed to be treated as such. Sounds to me like someone

:03:00. > :03:05.at that Champs-Elysee listened to that sentence of hers and advised

:03:06. > :03:11.Emmanuel Macron to act as a bigger bully them Trump and establish his

:03:12. > :03:15.authority in a way, and, when that's been done, he moved on to being much

:03:16. > :03:27.more friendly, which we've seen during the G20 Summit in Hamburg,

:03:28. > :03:33.where they exchanged jokes and invited Trump to the Bastille Day

:03:34. > :03:35.celebration, and this strikes me as very clever, because he has

:03:36. > :03:44.established themselves as somebody you cannot fool with. Interesting,

:03:45. > :03:49.you know, when world leaders meet, the personality factor can have a".

:03:50. > :03:53.How do you think they will fare, these two, with very different

:03:54. > :03:57.approaches? They have different approaches that a similar

:03:58. > :04:01.background. Both have a strong business orientation and they go

:04:02. > :04:04.about fees relationships in a businesslike way, and if they can

:04:05. > :04:11.get a good business relationship, that will lead to a good business

:04:12. > :04:15.relationship as well. If the talks on that free trade deal, the

:04:16. > :04:19.transatlantic trade and partnership has stalled, what hope do you think

:04:20. > :04:24.there is of them trying to resurrect the talks on that? There's always

:04:25. > :04:27.hope. Clearly, for good business relationships, you need to have

:04:28. > :04:31.trade, and they have an established trade relationship, and that can

:04:32. > :04:35.become deeper. From the point of view of Trump, who has been worried

:04:36. > :04:40.about some of the agreements, particularly from the Asian part of

:04:41. > :04:45.the economy, that low-cost goods are used, in the EU and the US, they are

:04:46. > :04:49.more equally balanced. It would go against the tenor of all we've heard

:04:50. > :04:53.from him about putting America first, this more protectionist

:04:54. > :04:56.stance. It might seem a bit of a leap to think that he would go back

:04:57. > :05:02.towards the free trade deal discussion. Absolutely. I don't

:05:03. > :05:06.think it's likely development but it's still possible, and it's

:05:07. > :05:09.something the EU would like to do, as they've just concluded another

:05:10. > :05:15.great agreement with Japan. As far as climate change goes, we saw in

:05:16. > :05:19.the G20 - that's where the US diverged from the other members of

:05:20. > :05:26.the G20. Do you think there's any chance Donald Trump will sign backup

:05:27. > :05:30.to that? I don't think it's likely that it would be fantastic if he

:05:31. > :05:34.does. In particular, Paris is the heart of the regional climate

:05:35. > :05:38.agreement, where it was set up, so the fact Trump is coming that way is

:05:39. > :05:43.interesting. No doubt the decision by the French courts that Google

:05:44. > :05:47.isn't liable for the fine in back taxes will make things a little

:05:48. > :05:52.easier in their discussions, because that's been a point of contention,

:05:53. > :05:57.as far as the relationship goes. Absolutely, and the fact that Trump

:05:58. > :06:00.is coming to Paris is a good sign in all sorts of ways. Thanks so much.

:06:01. > :06:02.We are also talking about artificial intelligence.

:06:03. > :06:04.It has been accused of threatening everything from jobs

:06:05. > :06:10.It's also being called the most important technology to come along

:06:11. > :06:14.since electricity, and companies are racing to invest in research.

:06:15. > :06:17.At an event in London, Microsoft has stated its ambitions

:06:18. > :06:21.to be a leader in AI, and outlined a code of ethics

:06:22. > :06:33.Here's our technology correspondent Rory Cellan-Jones:.

:06:34. > :06:42.Three feet away. Take picture. What if artificial intelligence could see

:06:43. > :06:47.your world and interpret it for you? This Microsoft engineer, who is

:06:48. > :06:51.blind, is showing me anew at called Seeing AI, designed to help visually

:06:52. > :06:55.impaired people. As well as reading text, it can tell him about the

:06:56. > :07:03.people in front of him as sometimes he gets it wrong. Looking happy. I'm

:07:04. > :07:07.getting younger by the minute! This is an application close to my heart,

:07:08. > :07:13.but the general AI we show is applicable in so many different

:07:14. > :07:16.ways. From around the world, Microsoft scientists came to London

:07:17. > :07:24.to show off their AI projects. Like this live translation system for

:07:25. > :07:28.presentations. Or software which can search through hours of

:07:29. > :07:32.closed-circuit TV. As well as staking a claim in the leader of

:07:33. > :07:37.this technology, the firm has come up with some ethical principles for

:07:38. > :07:41.AI. Microsoft believes we are creating AI to amplify human

:07:42. > :07:45.ingenuity, not to compete with it. So as such the human is the hero. I

:07:46. > :07:50.want to end our you with superpowers. Microsoft is just one

:07:51. > :07:54.of the tech giants battling to profit from advances in artificial

:07:55. > :07:59.intelligence which are giving computers skills once restricted to

:08:00. > :08:04.humans. So they are learning to see. One example, driverless cars can see

:08:05. > :08:10.exactly where they are going. And learning to hear what we say and to

:08:11. > :08:14.respond to it. So Amazon's Alexa or apple's sirree can respond when we

:08:15. > :08:18.ask them to give us the news or maybe recommend a restaurant. They

:08:19. > :08:24.are even making judgements. For instance on whether a scan shows a

:08:25. > :08:27.malignant or other nine July. In this battle over this crucial AI

:08:28. > :08:34.technology, Google and Facebook are each spending vast sums on research,

:08:35. > :08:37.but China refuses to be left behind, investing heavily to build robots

:08:38. > :08:43.that will take over from humans and its vast factories. It looks like AI

:08:44. > :08:47.is going to transfer oil Aaron economies, transfer and our

:08:48. > :08:50.industries, potentially make us all wealthier and happier, and the

:08:51. > :08:55.companies who get their first will take the spoils, will take the

:08:56. > :08:58.rewards so they have to come out loud and strong. Progress in

:08:59. > :09:01.artificial intelligence has been more rapid in recent than even

:09:02. > :09:04.scientists predicted and companies like Microsoft know they can't

:09:05. > :09:07.afford to fall behind. To Asia now, and China has just

:09:08. > :09:09.released trade figures They have come in much

:09:10. > :09:17.better than expected - but likely to prove controversial,

:09:18. > :09:31.particularly in the US Who can tell us more?

:09:32. > :09:37.Well, the numbers suggest that the economy in the mainland is holding

:09:38. > :09:41.up quite well, thanks to firmer global demand, despite the cooling

:09:42. > :09:45.property market, despite a financial crackdown that has put companies

:09:46. > :09:51.under pressure. If you take a look at the numbers, June exports rising

:09:52. > :09:55.11.3% from a year ago, while imports expanded 17.2%, both beating

:09:56. > :10:01.analysts' expectations. You mentioned the US. Those are one or

:10:02. > :10:05.two interesting factors. The deficit with America continues to widen.

:10:06. > :10:12.China had $25 billion trade surplus with the US in June from $22 billion

:10:13. > :10:15.in May, China's highest level then since October 2015, and the other

:10:16. > :10:21.significant number is China's first half trade with North Korea. It

:10:22. > :10:29.gained 10.5% year-on-year. Donald Trump denounced the increases, which

:10:30. > :10:32.cast doubt on whether Beijing was helping to counter the threat from

:10:33. > :10:38.North Korea. Analysts for export growth are slow, due to rising

:10:39. > :10:45.geopolitical risks and a stronger yuan and US dollar exchange rate.

:10:46. > :10:50.Thank you. Let's take a look at the markets before we finish up. A mixed

:10:51. > :10:53.picture, it's fair to say, on the Asian markets. They had surged

:10:54. > :10:57.initially, taking their cue from Wall Street overnight, but they have

:10:58. > :11:01.calmed a little as the trading day wore on, the Hang Seng responding

:11:02. > :11:13.positively to that Chinese trade data that we heard about from Rico:

:11:14. > :11:30.We will have more on that a little later. Thanks for watching.

:11:31. > :11:35.Across the country, many teenagers are on work experience placements at

:11:36. > :11:37.the moment. Few will have had perhaps as much fun