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Transcripts For BBCNEWS World 20240705

the eu has moved closer to passing one of the world s first loss to control artificial intelligence. eu lawmakers agreed on wednesday to changes in draught artificial intelligence rules proposed by the european commission in a bid to set a global standard for a technology used everything from automated factories to self driving cars to chatbots. let s get more in this and speak to the independent tech analyst stephanie here, he will speak to me now. what is this legislation trying to lay down for al developers? it is massive. i ai developers? it is massive. i don t think we can underestimate the importance of this legislation, which was just the first step, they have a few more to go. we would expect this to pass by the end of the year, so there ai developers you have mentioned by plenty of time to get up to speed. what do they need to get up to speed with? that is the devil any detail as always. the really big one will be about the police use of things like real time biometr

Transcripts for BBCNEWS World Business Report 20240604 13:35:00

Closing up after the latest data that showed inflation cooled for an 11th straight month. the data will focus the minds at the federal reserve where its decision day on day two of its policy meeting. what might slowing inflation in the worlds biggest economy what might slowing inflation in the world s biggest economy mean for interest rates? michelle fleury is in washington for us. is good to see you. what is the murder there is good to see you. what is the murder there like? is good to see you. what is the murder there like? what - is good to see you. what is the murder there like? what are i is good to see you. what is the - murder there like? what are analysts saying they are expecting? what is the mood there like? the?i saying they are expecting? what is the mood there like? is the mood there like? they will take a break is the mood there like? they will take a break from is the mood there like? they will take a break from raising - is the mood there like? they will

Transcripts for BBCNEWS World Business Report 20240604 13:36:00

Anyway that do it in a way that they do not want to cool the economy too much and people lose theirjobs. we have had 11 months of cooling inflation, so is the idea that the fed has no policy of interest rate rising has been working? that fed has no policy of interest rate rising has been working?- rising has been working? that is that feeling rising has been working? that is that feeling that rising has been working? that is that feeling that interest - rising has been working? that is that feeling that interest rate i that feeling that interest rate policy is working. he pointed to the inflation data yesterday we got. there is a sense things are moving in the right direction, prices are beginning to cool, wages are cooling, the housing market is cooling, the housing market is cooling down, pushing up interest rates increases the rate of borrowing. it is worth remembering the inflation rate is

Transcripts for BBCNEWS World Business Report 20240604 13:30:30