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Transcripts For BBCNEWS World 20240705

of them are going to appear. the same way 20 years ago you couldn t imagine a youtuber making a living. he also thinks it s highly unlikely that al systems will be more intelligent than humans any time soon. professor yann lecun s words are in sharp contrast to those of the other two men he worked with on the science that underpins modern ai. dr geoffrey hinton retired recently and he said he regretted his life s work. professor yoshua bengio said that he worries about bad actors misusing the tech. both academics and the companies building ai agree that regulation is the best way to try to maximise its benefits and minimise the risks. chatgpt, for example, was unheard of this time last year. yann lecun is confident that ai will be a useful tool rather than a master, and he heralded a new renaissance for humanity. chatgpt couldn t have put it better. zoe kleinman, bbc news. a renaissance maybe but the bbc has been hearing from one uk worker who has already lost hisjob to a

Competition Commission: AI can drive efficiency, but raises market concentration concerns: Competition Commission chief

CCI chief Ravneet Kaur highlights the dual impact of AI on efficiency, innovation, market concentration, and anti-competitive behavior. The upcoming CCI study aims to explore AI s role in competition law and its effects on market dynamics.

Transcripts for BBCNEWS World Business Report 20240604 04:40:00

the deal was really being investigated by the department ofjustice last year and it was looking at whether the pga backed tours were engaged in anti competitive behaviour. all of this comes after two democratic senators were urging the justice department to investigate the deal as it violated anti trust laws, saying it would have an adverse impact on competition. the lawmakers also said the merger would help saudi arabia sports wash, its egregious human rights record. liv was created in 2021 and backed by the saudi fund. since then they were oppositions. since then it has been led by the saudis. ok. we are going to stay with sport. it is another story that

Transcripts for BBCNEWS Asia Business Report 20240604 00:30:00

the saudi backed liv golf, and the saudi backed liv golf, the merger is now being probed. the merger of the pda with liv left some players angry, fans in disbelief, and has now brought the ire of lawmakers and the us government. the justice department has informed the pga it will now be investigating the deal for anti trust concerns. the pda s relationship with liv was already being investigated by the department ofjustice last year and it was looking at whether the pga backed tours were engaged in anti competitive behaviour. all of this comes after two democratic senators were urging the justice department to investigate the deal as it violated anti trust laws, saying it would have adverse impact on competition. the lawmakers also said that the merger would help saudi arabia sports wash it s a egregious human rights record to. the liv

Transcripts for BBCNEWS World Business Report 20240604 10:41:00

with liv was already being investigated by the department ofjustice last year and it was looking at whether the pga backed tours were engaged in anti competitive behaviour. now, all of this comes after two democratic senators were urging the justice department to investigate the deal as it violated antitrust laws, saying that it would have an adverse impact on competition. and the lawmakers also said that the merger would help saudi arabia sportswash its egregious human rights record. now, liv was created in 2021 and backed by the saudi sovereign wealth fund. since then, the two parties were bitter rivals, each engaged in lawsuits against one another. now, the mega deal essentially created a whole new golf association led by the saudis. stay in touch with the @bbcbusiness team and me on social media. i m @tadthnright.

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