us now, before we go reminder about top story this well defined nebraska have a great to extend a deal that allows the passage of the current in brain through the black sea to a piece of president richard typo. the one announced that the agreement has been renewed for another to the all of these for now coming on next, chris, good. the has your business headlines that's coming up after a short break. don't forget the website at www. dot. com, and socials between the and and, and instagram handled the need is date of the united states, the doors, the scoring we say they were about never giving up sports flies every weekend on

d. w. ready for round 3. women in asia is that to upon pick up mine co co, down the i really see madison as a life not system. we're season 3 of our award winning documentary series. her women in asia, the artificial intelligence poses a threat to humanity. more than 60 percent of people say in a fresh writers pool in the united states. so how is this latest tech, phenomenal phenomena, invest regulated to pull out expert at outs? also coming up with political pressure and competition,

growing and profit declining for gauge? what's the best strategy for foreign companies in china? chris cobra, welcome to the program. if this technology goes wrong, it can go quite wrong, says the chief executive of check g, p. t's open a i, sam oldman, ers us congress to impose new rules on big tech and a hearing on tuesday. mr. oldman proposed the us lawmakers to consider licensing and testing requirements before launching power for a i models, as well as revoking permits. if rules are broken, his stress that it is critical to mitigate the risks of powerful models given concerns about this information, job security, and other hazards. this is a remarkable time to be working on artificial intelligence. but as this technology advances, we understand that people are anxious about how it could change the way we live. we are to the we believe that we can and must work together to identify and manage the

potential downsides so that we can all enjoy the tremendous upside. it is a central, the powerful lay eyes developed with democratic values in mind. and this means that us leadership is critical. i believe that we will be able to mitigate the risks in front of us and really capitalize on this technology potential to grow the us economy and the world's. earlier i spoke to yvonne about to let issues the global privacy officer at re pro tech consulting. see, and i asked her what she made of some altman's appearance before congress. well, thank you so much in great to be we do. i mean, some of them is right. um do sign something that um, it's important something that, um um many i'll say something that i may have said for very long time, which is that to be sure, intelligent springs, fantastic opportunities for the world. but at the same time, it also covers space. and if we want to make the most of

a always so that it can benefit you by me, then we really have to show that we have some governments in place to mitigate the risks he's been. it was very clear, i think, you know, in a, i think a section with congressman which was a cooper swimming, which was very, they were there was some alignment to back long. there was some alignment around the fact that to that to regulation has to be nice, right? that to be at. so the somebody been towards the, um, i believe quite important. i don't know what kind of regulatory models could we be looking at here as well in the you're in you're, we're actually going to head to base the creatures have adopted in uh the uh the uh test. oh the, um the okay. may i ask, which is likely to go to the you from the retreat both of the 14th of june and they both stop the in to institutional dialogue and the european act

which is likely to be then approved by the end of the year is based on rates, so it basically says if the product is high risk, which means has an impact on us as individuals, it could infringe upon oh and to be true rights of freedom, some liberties are held in that case, the higher risk. and so we need to wrap some control surround it, and then there are some of those high risk that they're completely babs from the european union. so like, for example, things like the social story that is, that happens in china that is seen this conflicting with the european when you're leaving an adult, the right to nathaniel is back to you. but they're also all the ones that we could regulate a, i mean the you are okay. yeah, yeah. it's a multiple of the hope is that able, really i'll show you a discussion and i pretty much what countries to adults, they just,

i should around just efficient intelligence. there are different ways of doing it and they should go to i think that we have that agreement that we, that is going to make sure that we need to regulate a post site, but we need to break his a to the page. yeah. oh goodness ations, you know, one of our to let a global privacy officer had to re pro speaking to me earlier is are trying to investments safe. that is a question heard more frequently in german border and these days as political tensions of taiwan are rising along with regulatory pressure and competition. on the chinese market, midsize companies in particular, which are the backbone of germany's economy, seem to reassess their china exposure. entrepreneur unfair c ago has been active on the chinese market for more than 20 years. his company, manufacturers, rubber and plastic parts like hoses for waste water plants and seals for solar system and 90 percent of all solar plants come from china and half of all

wastewater treatment plants worldwide are built in china. our products are for biological waste water treatment, which means it's an important market for us. so far. the family own company from honda over germany has its own factory in china, but yeager says it's not dependent on business there. he admits this is not typical for other operators in the german industry. you know, and it goes back to the fact that china is one of the largest markets in the world can be seen as a blessing or a curse. german industry has developed very well in china over the last 20 years. and many jobs here in germany depend in a certain way on china. but the question is, aren't there alternative markets that compliment china? the question applies to every entrepreneur at the moment. the concern within the

business community is that china could attack tie one that would be a red line front of the see, i guess his company also does business in the us. so it's similarly dependent on american politics. if china were to attack, jaeger would have to make a decision we would probably try to scale down our activities in china to such an extent that we would not be effected by the american sanctions. under the conditions mister jago wants to keep producing in china. at the same time, he's trying to open up other markets in places like india and indonesia, and spread his entrepreneurial risk as widely as possible. i'll be talking to an expert on china policy here in a moment. first, here's our correspondent on the question of whether he things china is becoming a riskier bets for forward investors. because of growing regional tensions for the

1st time in decades, some companies and investors have gone to consider with the risks of invested in china, how way the potential benefits and with china top leaders season calling for stronger national security and restrictions on the information available to foreign governments and companies, the chinese government itself is a celebrating decoupling for investors are not going to be comfortable work in that environment. if they feel their operations are constantly and inspect the leak, disrupted, or the w correspondence notes on hand speaking from taipei, they're not before the show. i spoke to steve sang director of the so as china institute in london, i asked them how risky it was before and companies to invest in china. current mood depends on what industry you are engaged in. if you are still engaged in the kind of, in a way to industries that china needs desperately, the chinese members do play a quick and well and for you. but give you on gauge in industries where the chinese

themselves have the technology. then you don't have the rights to make a huge profit any longer. let's look at the 2nd part that he mentioned. there are now in these time of height and political tensions. fox lag and reportedly wants to work together with chinese tech firms like hallway to provide software for his for the electric real good fleet and china. what do you make of that? well, i think that is still potentially scope full. that collaboration, as long as walkway is driving it, and walkway just not losing control, but he's technology. but he's making those fucking dependent on quality technology, particularly if the technology will be used for the export of we had closed bill by and was fog and look inside china or indeed even outside of china,

cable and hodge baldwin. and then as long as it always sees as long as huawei is driving this technology that understanding correctly there. yes, the idea depaula away was penned open to tower cheese to amy orange clock company item thing is technically realistic. probably a good one to be in control of it. but it's quite a conundrum that a foreign firms find themselves in here, right? i mean you have growing pressure from domestic competitors on the electric to go vehicle market for example. um, and which would call for more investment. at the same time, the political demand in germany, for example, is to downsize the wants profitable china exposure. well i think the need is for comp and companies like volkswagen history strike a balance both between the needs of china and the needs of the home

country as well as a balance between the short term and the long term in the short term is, is just simply to work with a chinese on a line twan play. but in the longer term, the walkways control over the technology could be a serious problem for a company like volkswagen. but that is with a longer term populum one of them, and you may get your account pulled up. do you see their concerns about china investments among mid sized firms as compared to large multi nationals for example? well, the chinese government would really be focusing much more on the technology. what are the size of the foreign companies, whether you're talking about the medium sized companies or shoot, come from the rich. when you are dealing with the chinese system, the chinese system is usually while the pick out then your pick multinational,

and passport agency. you have an edge. oh for you steve, saying director of the source china institute in london speaking there. and you as a reminder of our top, sorry, chat g, p. t's open. i chief sam, open urgency. use congress to impose new rules on big tech and hearing mr. alton propose that you as lawmakers would consider licensing and testing requirements for launching powerful type models. and the rep so far show for more check out our website at dw. com slash business over in berlin. thanks for watching, have a successful the

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