Browse content similar to 13/07/2017. Check below for episodes and series from the same categories and more!
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From the corporate world to the top job in politics: | :00:17. | :00:18. | |
A similar journey but two very different Presidents. | :00:19. | :00:22. | |
So on trade and climate change, can they do business? | :00:23. | :00:26. | |
Plus, facing up to artificial intelligence. | :00:27. | :00:28. | |
Critics fear it will take our jobs, but tech giant Microsoft says it | :00:29. | :00:32. | |
We hear their plans for the biggest invention since electricity | :00:33. | :00:45. | |
Strong trade figures from China are good news | :00:46. | :00:59. | |
but likely to stoke tensions with the US. | :01:00. | :01:03. | |
We start in Paris, where, as you've been hearing, | :01:04. | :01:06. | |
US President Donald Trump is arriving in the next | :01:07. | :01:09. | |
He'll be celebrating France's Bastille Day tomorrow | :01:10. | :01:11. | |
as President Macron's guest of honour. | :01:12. | :01:13. | |
Despite tensions between the two, the White House says he'll be | :01:14. | :01:16. | |
reaffirming the strong ties of friendship between the countries | :01:17. | :01:18. | |
and building on their economic partnership. | :01:19. | :01:20. | |
Let's take a look at what's at stake here. | :01:21. | :01:22. | |
The EU's trading relationship with the US is the biggest | :01:23. | :01:25. | |
The problem for President Trump is it's tilted in Europe's favour. | :01:26. | :01:40. | |
in other words it sells more goods to the US than the other | :01:41. | :01:55. | |
Which brings us to this: the Transatlantic Trade | :01:56. | :01:59. | |
Talks on the massive free trade deal between the EU and US have been | :02:00. | :02:04. | |
suspended since Mr Trump came to power. | :02:05. | :02:06. | |
The business world will be watching closely. | :02:07. | :02:10. | |
As it will on this - the Paris climate change accord - | :02:11. | :02:13. | |
Mr Macron says he will be pressing Mr Trump to sign up again, | :02:14. | :02:17. | |
Another source of transatlantic tension - | :02:18. | :02:22. | |
European pressure on the big US tech firms | :02:23. | :02:24. | |
But on Wednesday a French court ruled that Google is not liable | :02:25. | :02:32. | |
So despite the war of words - and handshakes - | :02:33. | :02:40. | |
could Presidents Trump and Macron - both from the corporate world - | :02:41. | :02:43. | |
end up having a good business relationship? | :02:44. | :02:47. | |
Hillary Clinton said during the campaigning in 2016 that Trump was a | :02:48. | :02:54. | |
big bully and needed to be treated as such. Sounds to me like someone | :02:55. | :02:59. | |
at that Champs-Elysee listened to that sentence of hers and advised | :03:00. | :03:05. | |
Emmanuel Macron to act as a bigger bully them Trump and establish his | :03:06. | :03:11. | |
authority in a way, and, when that's been done, he moved on to being much | :03:12. | :03:15. | |
more friendly, which we've seen during the G20 Summit in Hamburg, | :03:16. | :03:27. | |
where they exchanged jokes and invited Trump to the Bastille Day | :03:28. | :03:33. | |
celebration, and this strikes me as very clever, because he has | :03:34. | :03:35. | |
established themselves as somebody you cannot fool with. Interesting, | :03:36. | :03:44. | |
you know, when world leaders meet, the personality factor can have a". | :03:45. | :03:49. | |
How do you think they will fare, these two, with very different | :03:50. | :03:53. | |
approaches? They have different approaches that a similar | :03:54. | :03:57. | |
background. Both have a strong business orientation and they go | :03:58. | :04:01. | |
about fees relationships in a businesslike way, and if they can | :04:02. | :04:04. | |
get a good business relationship, that will lead to a good business | :04:05. | :04:11. | |
relationship as well. If the talks on that free trade deal, the | :04:12. | :04:15. | |
transatlantic trade and partnership has stalled, what hope do you think | :04:16. | :04:19. | |
there is of them trying to resurrect the talks on that? There's always | :04:20. | :04:24. | |
hope. Clearly, for good business relationships, you need to have | :04:25. | :04:27. | |
trade, and they have an established trade relationship, and that can | :04:28. | :04:31. | |
become deeper. From the point of view of Trump, who has been worried | :04:32. | :04:35. | |
about some of the agreements, particularly from the Asian part of | :04:36. | :04:40. | |
the economy, that low-cost goods are used, in the EU and the US, they are | :04:41. | :04:45. | |
more equally balanced. It would go against the tenor of all we've heard | :04:46. | :04:49. | |
from him about putting America first, this more protectionist | :04:50. | :04:53. | |
stance. It might seem a bit of a leap to think that he would go back | :04:54. | :04:56. | |
towards the free trade deal discussion. Absolutely. I don't | :04:57. | :05:02. | |
think it's likely development but it's still possible, and it's | :05:03. | :05:06. | |
something the EU would like to do, as they've just concluded another | :05:07. | :05:09. | |
great agreement with Japan. As far as climate change goes, we saw in | :05:10. | :05:15. | |
the G20 - that's where the US diverged from the other members of | :05:16. | :05:19. | |
the G20. Do you think there's any chance Donald Trump will sign backup | :05:20. | :05:26. | |
to that? I don't think it's likely that it would be fantastic if he | :05:27. | :05:30. | |
does. In particular, Paris is the heart of the regional climate | :05:31. | :05:34. | |
agreement, where it was set up, so the fact Trump is coming that way is | :05:35. | :05:38. | |
interesting. No doubt the decision by the French courts that Google | :05:39. | :05:43. | |
isn't liable for the fine in back taxes will make things a little | :05:44. | :05:47. | |
easier in their discussions, because that's been a point of contention, | :05:48. | :05:52. | |
as far as the relationship goes. Absolutely, and the fact that Trump | :05:53. | :05:57. | |
is coming to Paris is a good sign in all sorts of ways. Thanks so much. | :05:58. | :06:00. | |
We are also talking about artificial intelligence. | :06:01. | :06:02. | |
It has been accused of threatening everything from jobs | :06:03. | :06:04. | |
It's also being called the most important technology to come along | :06:05. | :06:10. | |
since electricity, and companies are racing to invest in research. | :06:11. | :06:14. | |
At an event in London, Microsoft has stated its ambitions | :06:15. | :06:17. | |
to be a leader in AI, and outlined a code of ethics | :06:18. | :06:21. | |
Here's our technology correspondent Rory Cellan-Jones:. | :06:22. | :06:33. | |
Three feet away. Take picture. What if artificial intelligence could see | :06:34. | :06:42. | |
your world and interpret it for you? This Microsoft engineer, who is | :06:43. | :06:47. | |
blind, is showing me anew at called Seeing AI, designed to help visually | :06:48. | :06:51. | |
impaired people. As well as reading text, it can tell him about the | :06:52. | :06:55. | |
people in front of him as sometimes he gets it wrong. Looking happy. I'm | :06:56. | :07:03. | |
getting younger by the minute! This is an application close to my heart, | :07:04. | :07:07. | |
but the general AI we show is applicable in so many different | :07:08. | :07:13. | |
ways. From around the world, Microsoft scientists came to London | :07:14. | :07:16. | |
to show off their AI projects. Like this live translation system for | :07:17. | :07:24. | |
presentations. Or software which can search through hours of | :07:25. | :07:28. | |
closed-circuit TV. As well as staking a claim in the leader of | :07:29. | :07:32. | |
this technology, the firm has come up with some ethical principles for | :07:33. | :07:37. | |
AI. Microsoft believes we are creating AI to amplify human | :07:38. | :07:41. | |
ingenuity, not to compete with it. So as such the human is the hero. I | :07:42. | :07:45. | |
want to end our you with superpowers. Microsoft is just one | :07:46. | :07:50. | |
of the tech giants battling to profit from advances in artificial | :07:51. | :07:54. | |
intelligence which are giving computers skills once restricted to | :07:55. | :07:59. | |
humans. So they are learning to see. One example, driverless cars can see | :08:00. | :08:04. | |
exactly where they are going. And learning to hear what we say and to | :08:05. | :08:10. | |
respond to it. So Amazon's Alexa or apple's sirree can respond when we | :08:11. | :08:14. | |
ask them to give us the news or maybe recommend a restaurant. They | :08:15. | :08:18. | |
are even making judgements. For instance on whether a scan shows a | :08:19. | :08:24. | |
malignant or other nine July. In this battle over this crucial AI | :08:25. | :08:27. | |
technology, Google and Facebook are each spending vast sums on research, | :08:28. | :08:34. | |
but China refuses to be left behind, investing heavily to build robots | :08:35. | :08:37. | |
that will take over from humans and its vast factories. It looks like AI | :08:38. | :08:43. | |
is going to transfer oil Aaron economies, transfer and our | :08:44. | :08:47. | |
industries, potentially make us all wealthier and happier, and the | :08:48. | :08:50. | |
companies who get their first will take the spoils, will take the | :08:51. | :08:55. | |
rewards so they have to come out loud and strong. Progress in | :08:56. | :08:58. | |
artificial intelligence has been more rapid in recent than even | :08:59. | :09:01. | |
scientists predicted and companies like Microsoft know they can't | :09:02. | :09:04. | |
afford to fall behind. To Asia now, and China has just | :09:05. | :09:07. | |
released trade figures They have come in much | :09:08. | :09:09. | |
better than expected - but likely to prove controversial, | :09:10. | :09:17. | |
particularly in the US Who can tell us more? | :09:18. | :09:31. | |
Well, the numbers suggest that the economy in the mainland is holding | :09:32. | :09:37. | |
up quite well, thanks to firmer global demand, despite the cooling | :09:38. | :09:41. | |
property market, despite a financial crackdown that has put companies | :09:42. | :09:45. | |
under pressure. If you take a look at the numbers, June exports rising | :09:46. | :09:51. | |
11.3% from a year ago, while imports expanded 17.2%, both beating | :09:52. | :09:55. | |
analysts' expectations. You mentioned the US. Those are one or | :09:56. | :10:01. | |
two interesting factors. The deficit with America continues to widen. | :10:02. | :10:05. | |
China had $25 billion trade surplus with the US in June from $22 billion | :10:06. | :10:12. | |
in May, China's highest level then since October 2015, and the other | :10:13. | :10:15. | |
significant number is China's first half trade with North Korea. It | :10:16. | :10:21. | |
gained 10.5% year-on-year. Donald Trump denounced the increases, which | :10:22. | :10:29. | |
cast doubt on whether Beijing was helping to counter the threat from | :10:30. | :10:32. | |
North Korea. Analysts for export growth are slow, due to rising | :10:33. | :10:38. | |
geopolitical risks and a stronger yuan and US dollar exchange rate. | :10:39. | :10:45. | |
Thank you. Let's take a look at the markets before we finish up. A mixed | :10:46. | :10:50. | |
picture, it's fair to say, on the Asian markets. They had surged | :10:51. | :10:53. | |
initially, taking their cue from Wall Street overnight, but they have | :10:54. | :10:57. | |
calmed a little as the trading day wore on, the Hang Seng responding | :10:58. | :11:01. | |
positively to that Chinese trade data that we heard about from Rico: | :11:02. | :11:13. | |
We will have more on that a little later. Thanks for watching. | :11:14. | :11:30. | |
Across the country, many teenagers are on work experience placements at | :11:31. | :11:35. | |
the moment. Few will have had perhaps as much fun | :11:36. | :11:37. |