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Transcripts For BBCNEWS World 20240705



prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga liv merger. welcome to world business report. let s start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate rises, that the bank of england could need to raise it even further to bring price rises under control. let s hear now from janet mui, head of market analysis at rbc brewin dolphin. thank you for being with us. inflation has not been coming down at the expected pace. what does this data signal about how things could pan out? good afternoon. thank you for having me. which group is still pretty st ....

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Transcripts For BBCNEWS Asia 20240702



are sleepless, watching the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved ....

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Transcripts For BBCNEWS Asia 20240702



the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, ....

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Transcripts For BBCNEWS Asia 20240702



watching the news and the story unfold every minute, and it does make a big impact, because chatgpt is currently the leading product in the large network models and asia, especially china, is keeping up and they are concerned on that matter. ., ., , , matter. how vociferous is the debate between matter. how vociferous is the debate between the - matter. how vociferous is the | debate between the so-called debate between the so called tumours and the people trying to commercialise artificial intelligence here in the region? i intelligence here in the re . ion? ~ intelligence here in the reuion? ~ , region? i think it is somewhere in the middle. region? i think it is somewhere in the middle. people - region? i think it is somewhere in the middle. people are - region? i think it is somewhere i in the middle. people are more optimistic in china about how the large linkage models and area technology will bring to the daily lives and it makes our life more convenient and ....

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Transcripts For BBCNEWS Asia 20240702



unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, the universities are a ....

Asia Business Report , Suranjana Tewari , Silicon Valley , Sam Altman , Artificial Intelligence , Shock Announcement , Chief Executive , Openai Itself , Wei Sun , The Firm , Nascent Technology Are Run , Counterpoint Research , Ai Community , China S , Commercialise Artificial Intelligence , Gpt S , Ai Ethics Exploration , Board Formulating , Chat Bots , Sentence Hearing , Laundering Laws , Erin Delmore , 1 Billion , 6 Billion , Merrick Garland , Laundering Rules ,