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of the great technological shifts in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century, it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, choke democracy? how? ai is a continuation of a trend that started perhaps around two years ago, where we have been using digital tech ....
daron acemoglu, in massachusetts, welcome to hardtalk. massachusetts, welcome to hardtalk hardtalk. thank you, it s a deli . ht hardtalk. thank you, it s a delight to hardtalk. thank you, it s a delight to be hardtalk. thank you, it s a delight to be on hardtalk. thank you, it s a delight to be on the - hardtalk. thank you, it s a - delight to be on the programme. a great pleasure to have you here you have just written a book power and progress which goes through the impacts of some of the great technological shift in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moment for humankind? i’m transformational moment for humankind? transformational moment for humankind? ., , ., humankind? i m not sure that it does but there humankind? i m not sure that it does but there is humankind? i m not sure that it does but there is a humankind? i m not sure th ....
more from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time. no response from the sec. since that time. we no response from the sec. since that time, we have no response from the sec. since that time, we have had - no response from the sec. since that time, ....
i think this bill shows that that assessment was correct. and we have to keep our eye on the prize, that passing this bill, getting it to the president avoids the catastrophic thing that would hurt millions of americans. and there s a reason world leaders were worried about this. this would have impacted the global economy. something that did rally wall street though today was the chip maker nvidia. for about five minutes it was part of the elite club of us companies worth a trillion dollars. the company s share price shot past $412 on tuesday, having risen by more than 30% since last week. other companies part of the trillion dollar club are apple, amazon and alphabet. the bbc s north america business correspondent samira hussain reports from new york. for a brief few moments nvidia was able to call itself a trillion dollarfirm. the surge in the company s share price came after the chip maker shocked analysts by forecasting a surge in demand for its products because of ....
opposition party and the daughter of former prime minister thaksin shinawatra. the winning candidate, and their party will have to grapple with a slew of domestic issues including polarised politics and a slowing economy. for more on this, i spoke to syetarn hansakul of the economist intelligence unit, who told me thailand is slowly recovering from the pandemic. economic situation has improved from last year. it is in the middle of a cyclical rebound because coming out of the pandemic recession a lick later than others, but finally, after the country opened in late 2022, the tourism sector, which has been a key part of the countries gdp, is recovering slowly. shabbat is to improve jobs and income, and we are seeing the rebound unfolding. but having said that, there are plenty of structural issues that are hurting thailand s long term competitiveness, and thatis long term competitiveness, and that is something the new government will need to look into and correct. [30 ....