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20260920 110000 UTC
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[00:00:00] 10 parties competing for the support of more than
[00:00:04] of 100 million voters in the race for
[00:00:07] 450 seats, who will
[00:00:11] fail and who
[00:00:13] of will
[00:00:13] prevail?
[00:00:24] the Russian capital comes under heavy Ukrainian drone
[00:00:28] a attack overnight, to people are killed in the mosco region
[00:00:32] while
[00:00:32] a residential building and an oil refinery were
[00:00:35] of hit and this comes while Russians are
[00:00:39] going to the polls for the third and final day
[00:00:42] of the nationwide state Duma elections. now we're here to bring you
[00:00:46] our special coverage as the world's biggest country has its
[00:00:50] democratic
[00:00:52] of say and
[00:00:54] of that is my vote one of tens of millions being
[00:00:58] cast around the don bass. but with every vote cast in the
[00:01:01] Dumbas, the people
[00:01:04] of the Dumbas show that those threats don't
[00:01:08] scare
[00:01:08] of them. now
[00:01:12] Russian citizens go to the polls all across the country, even in
[00:01:16] areas facing daily shelling in threats from
[00:01:19] Kiev. Generally speaking, it
[00:01:22] of is very difficult to intimidate me, it's just not in my nature.
[00:01:26] Firstly, I don't recognize the landscate at all and I don't watch him on TV.
[00:01:30] as for scammers, they've already left
[00:01:32] of me alone, we have lived too long to be
[00:01:35] in intimidated.
[00:01:41] of now we're continuing our coverage of top
[00:01:45] stories from around the world, and this is
[00:01:47] of art international, i am my coach. now
[00:01:51] we start with breaking news this hour, as elections
[00:01:54] of are underway across Russia on the third and final day of
[00:01:58] voting, the nation's air defense. have repelled the heaviest
[00:02:02] drone attack
[00:02:02] of the war so far, involving
[00:02:05] 1,600
[00:02:07] of UAVs, are the capital itself faced a huge drone swam,
[00:02:12] of according to the city's mayor. The most massive enemy
[00:02:15] drone attack has been repelled since yesterday. Over
[00:02:19] of 1,600 UAVs have been shot down across all sectors, including
[00:02:23] 450 while approaching Moscow. My thanks go to the
[00:02:27] air defense personnel for their selfless efforts. Nevertheless,
[00:02:30] few drones reached the Moscow oil refinery and one struck
[00:02:34] a residential building. There were no fatalities,
[00:02:37] of this unprecedented attack was clearly orchestrated to disrupt the
[00:02:41] elections. The enemy failed in this attempt, overnight
[00:02:45] Moscow and the nearby region came under direct
[00:02:48] Ukrainian drone attack, and
[00:02:50] of all of this is happening amid direct voting. We're seeing these parliamentary
[00:02:54] elections unfold, now the Moscow
[00:02:57] of region governor reports that air defense systems. managed to
[00:03:00] intercept 240 drones in
[00:03:04] 17 different districts. Moscow's mayor says that around
[00:03:07] 400 and 50 drones were intercepted. Those
[00:03:10] aeral targets and drones were
[00:03:13] of apparently headed to the Russian capital. Now at the same time Russia's defense
[00:03:17] ministry has reported that they were able to intercept and
[00:03:20] of destroy uh over 1,100 aerial attack uh
[00:03:23] aerial targets as well
[00:03:25] of as drones over um over Russian
[00:03:28] of territory. Now in terms of casualties. and damages, Moscow and the
[00:03:32] surrounding region, two people have been killed and 20 others have been
[00:03:36] injured, three
[00:03:36] of them being children, and amid this drone attack, the central
[00:03:40] of electoral commission is reporting that apparently one of its staff members,
[00:03:44] woman working a polling station was also injured, and it's
[00:03:48] not just Moscow and the nearby regions that are facing these
[00:03:51] of Ukrainian attacks, because we're also seeing drone attacks in the SMO
[00:03:55] zone, a Ukrainian attack, Ukrainian
[00:03:57] of attack hit a a school housing. polling station, this is in
[00:04:01] the Zaparogia region, thankfully no
[00:04:04] me casualties have been reported there, but it doesn't even stop that
[00:04:07] because another attack, a Ukrainian attack was reported,
[00:04:11] attacking a
[00:04:12] a passenger bus in the hairson region, killing two people, one
[00:04:17] of of them a woman working a local polling station there, now well the head
[00:04:21] of the central electoral commission has in fact commented on these
[00:04:25] Ukrainian
[00:04:25] attacks, today
[00:04:30] September 20th, as
[00:04:31] of a result of a targeted drone attack a civilian bus in the Kerson region, two
[00:04:35] people were killed. One
[00:04:37] of the victims was our colleague Olga Petrovna Damiannenko, born in
[00:04:40] 1966, member
[00:04:42] of the precinct electoral commission for polling station number 220 in the
[00:04:45] Lower Saragor district
[00:04:47] of the Carson region. Olga Petrovna was a member
[00:04:50] of the precinct electoral commission for 2023 and actively participated
[00:04:54] in the current election campaign for the State Dumer elections, engaging with many of
[00:04:58] her neighbors, fellow citizens and... patriots while honestly, responsibly and
[00:05:01] bravely fulfilling her duties. she was involved in conducting early voting in
[00:05:05] the lower district
[00:05:07] of the kern region. her daughter, is also member
[00:05:10] of the precinct electoral commission. As I mentioned before, I will repeat it once
[00:05:14] more, despicable, cowardly bandera scum who are afraid to fight like
[00:05:18] men and truly engage in warfare target our peaceful people, primarily
[00:05:22] women and children. I believe that shame will fall upon them and each one them will be
[00:05:26] found. Our strong-spirited colleagues continue to work.
[00:05:29] In Moscow itself, the mayor has reported that there have been no
[00:05:33] casualties, but that some drones managed to get through and target an
[00:05:37] oil refinery in Moscow and some drones have managed to target
[00:05:40] residential buil building. here as well. At the same time, Russia's
[00:05:44] Ministry of Defense reports that it targeted and destroyed Ukrainian
[00:05:48] military infrastructure, including warehouses and vessels in the
[00:05:52] Black Sea as well as the Kiev and Odessa regions. Again, I
[00:05:56] think it's important to note here that this that Kiev is essentially
[00:06:00] ramping up these drone attacks as Russians are heading to the
[00:06:03] polls today to vote for the third and final day of Russia's
[00:06:07] parliamentary elections and according to the central electoral commission,
[00:06:11] voter turnout has... around 47% and it's
[00:06:15] quite important also to highlight here that this these are the first
[00:06:18] parliamentary elections we've seen since the start the special military operation
[00:06:22] which was launched back in February 2022 and for the
[00:06:26] first time in modern Russian history we're seeing citizens from the
[00:06:30] Donatsk Lugansk People's Republic from Herson and Zaparoja cast their
[00:06:34] ballot as Russian citizens um so let's also break down
[00:06:38] how these parliamentary elections actually work because the state
[00:06:42] dooma itself is is considered the lower chamber the federal
[00:06:45] assembly, it consists of 400 400 seats
[00:06:49] and these elections are held every five years,
[00:06:53] 225 of those seats are distributed through party
[00:06:56] lists. now what that means is that citizens are able to elect a
[00:07:00] specific political party and 225 seats are
[00:07:04] distributed through single mandate districts. now voters are able to
[00:07:07] cast the vote or the ballot and select a specific political
[00:07:11] candidate in their... constituency or uh their district there as
[00:07:15] well, but for a political party to be able to actually
[00:07:19] reach the state duma, it has to meet that 5% thresh
[00:07:22] hold. now Russian parliamentary elections uh start on
[00:07:26] September the 18th and finish today on September the 20th, that gives
[00:07:30] voters three days to cost their ballot. In terms of
[00:07:33] who's actually in the race, there are currently 10 political
[00:07:37] parties on the federal ballot, the first one being United Russia founded
[00:07:41] in 2001. and a party that has enjoyed constitutional majority
[00:07:45] for a while now, it's also President Putin's party, then we have
[00:07:49] the communist party the Russian Federation, this is considered the oldest
[00:07:52] party on the federal ballot, and also it's the second
[00:07:56] largest faction in the duma, then we have a just Russia for
[00:07:59] truth, and Paul suggests that they will be able to meet that 5% threshold during these
[00:08:03] elections as well, and we have the Liberal Democratic Party of Russia,
[00:08:07] currently chaired by Leonid Slotski after the death of its former
[00:08:11] charismatic leader. back in 2021 and of
[00:08:15] course we also have a relatively new party on the scene here,
[00:08:18] this is uh new people founded in 2020, and curiously
[00:08:22] this political party managed to get through to the duma back in
[00:08:25] 2021, so it'l be interesting to monitor that, whether they'll be able
[00:08:29] to actually,
[00:08:30] you know, garna more than 5% the vote during these elections as well, but at the
[00:08:34] same time there are also non-parliamentary parties on the ballot uh, for example the
[00:08:38] pensionist party, the communists of Russia, the greens, rodina,
[00:08:42] and also the party of direct democracy, so to wrap up
[00:08:46] here, poll polling stations across russia close at 8
[00:08:50] p.m. local time according to Russia's western regions, so we
[00:08:54] will be of course monitoring all these developments and bringing you the
[00:08:57] details. now earlier, my colleague Isabella
[00:09:01] Bloomberg as well discussed the latest with the member the other Ukraine
[00:09:05] public movement and former Ukrainian MP,
[00:09:09] Vladimir Ollienik.
[00:09:13] "We must understand who we are dealing with, today we are dealing with the
[00:09:16] Ukrainian terrorist regime, and even Zelensky has stated about
[00:09:20] the 40-day plan more than once. This is in essence terror against
[00:09:24] Russia. Well, and on such a day when elections are being held, he
[00:09:27] tried all the more to carry out such terror in order to disrupt the elections, at
[00:09:31] least partially. Moscow mayor Sobianin said that since the previous
[00:09:35] day, around 1,600 drones have been shot down. Yes,
[00:09:39] there is certain damage, yes, there are even casual. and the
[00:09:43] chairwoman the central election commissionova stated that there were also
[00:09:47] fatalities among members of election commissions, but this will not stop the
[00:09:51] process, and most likely, this is such a petty spitefulness on
[00:09:55] Zelensky's part over the fact that elections are taking place in Russia, already
[00:09:59] the second elections during the special military operation, while Ukraine cannot
[00:10:03] organize such elections at all, so how do you think Moscow
[00:10:06] might react to these Ukrainian attacks given that they're taking place
[00:10:10] during these elections? I think that it
[00:10:14] will be very harsh, all the more so since at one time Russian president Vladimir
[00:10:18] Putin said it was not we who opened this Pandora's
[00:10:21] box. Well, as voting is in false.
[00:10:25] swing on day three of nationwide parliamentary elections, the
[00:10:28] scale the process spanning across 11 time zones is
[00:10:32] immense with voter turnout coming close to
[00:10:36] 50%. now Russian citizens are exercising
[00:10:40] their constitutional right to define their future for the next five
[00:10:43] years. now in the country's new regions, more than 4 million
[00:10:47] residents have cast their ballots early elections with the
[00:10:51] process still ongoing. now when the frontline republics of
[00:10:55] and Lugansk, people are also heading to the polls to
[00:10:59] vote, the locals from one the most iconic regions of
[00:11:02] Russia, crimia are actively showing up to choose their
[00:11:06] representatives. In addition, multiple polling stations are
[00:11:10] open in Russian embassies in many locations for Russian
[00:11:13] citizens who are currently abroad. Now, citizens
[00:11:17] the most remote corners the country have also had the
[00:11:21] opportunity to have their say in this election, as the...
[00:11:25] and aerospace company bureau 1440 has provided
[00:11:29] residence of a small settlement in the country's far north with
[00:11:33] access to remote electronic voting. i has become
[00:11:36] possible with the use of a low earth orbit satellite network
[00:11:40] a next generation of satellite communications. now
[00:11:44] the company noted that such cases allow for the testing the
[00:11:47] service in real conditions and in the arctic for future
[00:11:51] needs. now the crucial vote is also taking
[00:11:55] place in territories that are coming under daily attack, but
[00:11:59] despite the threats posed by Ukraine, people say
[00:12:02] that they are determined, their voices are heard. now the
[00:12:06] head the dunesk republic has cast his vote
[00:12:10] a local poling station, noting that he met quite a few
[00:12:14] people who wanted to vote in their first state duma
[00:12:17] election. artist Morad Gasdiv reports on how the vote
[00:12:21] is being held under wartime conditions.
[00:12:25] Across two continents and 11 time zones
[00:12:28] under ceaseless threat of attack, Russians vote
[00:12:32] for their new
[00:12:33] parliament.
[00:12:44] In their millions, despite constant threats from
[00:12:48] Ukraine, threats of prosecution and
[00:12:52] persecution just for booting. acts on
[00:12:55] poling stations, fakes and Ukrainian
[00:12:58] propaganda. Yesterday and the day before,
[00:13:02] leaflets were dropped by drones across most of our region,
[00:13:06] containing calls to block the electoral process and urging
[00:13:09] people not to participate in the elections. Every day we are
[00:13:13] seeing a steady stream of two or three disinformation campaigns coming
[00:13:17] from the Ukrainian side, along with deep fakes and forged
[00:13:21] administrative documents, yet few are afraid.
[00:13:25] people are used to drones and missiles, verbal
[00:13:29] threats no longer carry the same
[00:13:31] weight. tell me, have you been intimidated? did
[00:13:35] Zelensky threaten you saying you shouldn't go to these
[00:13:38] elections? in no way, he can't do
[00:13:41] anything. of course not, generally speaking, it is
[00:13:45] very difficult to intimidate me, it's just not in my nature.
[00:13:49] god forbid, firstly, i don't recognize the landscape at all and i don't
[00:13:53] watch him on tv. as for scammer, they've already left me
[00:13:56] alone, we have lived too long to be
[00:13:58] intimidated,
[00:14:01] and that is my vote, one of tens of
[00:14:04] millions being cast around the donbas in an
[00:14:08] environment where people are actively being
[00:14:11] threatened, where electoral officials are
[00:14:14] receiving death threats, their families, their
[00:14:17] children, but with every vote cast in the
[00:14:20] danbas, the people the donbas
[00:14:23] show that the... those threats don't scare
[00:14:27] them, not even strongly worded statements
[00:14:30] and condemnation could stop these
[00:14:33] elections. At today's meeting, the central electoral commission
[00:14:37] adopted resolution declaring that the organization and conduct of elections
[00:14:41] for deputies to the state duma the Russian Federation in the temporarily
[00:14:44] occupied territories of Ukraine are illegitimate. It is, of
[00:14:48] course, ironic that Ukraine forbids Ukrainians
[00:14:52] from voting in these Russian elections. because
[00:14:56] neither does it allow Ukrainians themselves any
[00:14:59] elections? they're too dangerous, says the former
[00:15:03] president of Ukraine. elections as such are
[00:15:07] huge risk. elections right now are a tsunami which could split
[00:15:10] Ukraine. again, the irony: Ukraine professes
[00:15:14] to be fighting for freedom and democracy, but says
[00:15:17] elections are too dangerous. Russia, which Kiv
[00:15:21] accuses of aggression and tyrany, holds elections.
[00:15:27] He's holding elections in September, he needs a united society that will
[00:15:31] support his United Russia. Zelensky, on the other
[00:15:34] hand, doesn't need his society support. his
[00:15:38] term expired two years ago and no one can
[00:15:42] do anything about it. he already controls all
[00:15:46] Ukrainian media, all newspapers and online
[00:15:49] publications, full spectrum
[00:15:52] propaganda. anyone who criticizes him can be
[00:15:55] sanctioned, Ukrainian or otherwise, else
[00:15:59] sent a one-way trip to the front lines.
[00:16:03] so elections, you want elections as
[00:16:05] soon as ready to do it tomorrow, but if "we have the war, it's
[00:16:09] you can't do it, what elections, how to make elections with the 9
[00:16:13] million people who are abroad, and what to do with the people
[00:16:16] who are temporary or live in temporary
[00:16:20] occupied territories. Europe, of course, will bend over
[00:16:24] backwards to accommodate Zelensky. Kaya
[00:16:27] Calas, the EU's diplomatic figure head, is
[00:16:31] never one to overthink it, simple and
[00:16:34] cliche is her style. Putin has..." had
[00:16:38] elections or Russia hasn't had elections in 25 years.
[00:16:41] Zelensky is elected leader, elected in the
[00:16:45] free and fair elections and of course during the wartime you can't
[00:16:49] have elections. Zelensky's corrupt ministers, his
[00:16:53] army heads simply don't mind. So long
[00:16:57] as the EU supports Zelensky, the aid money
[00:17:01] pauses in and it can be divided up and
[00:17:05] shared around between friends. "the only concern
[00:17:08] is the people of Ukraine forced brutally to
[00:17:12] fight a war they don't want to fight in, by a
[00:17:16] president they don't want, blasted by
[00:17:19] propaganda they don't agree with, and there's
[00:17:22] nothing they can do about it, but daydream,
[00:17:26] we must find a legal, safe and realistic mechanism that will allow Ukraine to
[00:17:30] restore a full-fledged democratic process even under the conditions of a
[00:17:34] prolonged war. this is difficult, we must..." guarantee the right to vote
[00:17:38] for our military, for millions of Ukrainians abroad, and for those in the
[00:17:42] frontline regions. We must ensure the security the electoral
[00:17:46] process, the independence of institutions, and trust in the
[00:17:49] results. If Russia could do it, then so could
[00:17:53] Ukraine, and the only thing stopping elections in
[00:17:56] Ukraine is the former president, one
[00:17:59] Zelensky who just doesn't want to
[00:18:03] leave. Morat Gazdev, arti from
[00:18:06] Danitzk.
[00:18:10] meanwile, the elections in Russia have been monitored by more
[00:18:14] than 1,000 international observers from
[00:18:17] 133 countries, including bricks partners,
[00:18:20] Turkey, Uganda, Kirgisstan and others. The footage
[00:18:24] here shows the moment of a friendly conversation between one the
[00:18:28] foreigners and an elderly Russian woman at the polling station in
[00:18:32] the city of Ecaterinburg.
[00:18:34] Now a man in the video is Muntaza al Zaid. the
[00:18:38] prominent Iraqi journalist who achieved a
[00:18:41] worldwide fame when he threw his shoe at George W.
[00:18:45] Bush 18 years ago in protest against the US war
[00:18:49] on his country. And these are
[00:18:52] images from several countries in southeast Asia
[00:18:56] where the Russian citizens have been gathering to vote.
[00:18:59] Several hundred people are expected to attend each the polling stations
[00:19:03] set up in Thailand, Indonesia, the Philippines and Laos.
[00:19:07] "now voters explained why they wanted to exercise their
[00:19:11] democratic rights despite being thousands of kilometers away
[00:19:15] from home. for me
[00:19:18] this day is very important for our country and we
[00:19:22] uh from my point of view every russian citizen should
[00:19:26] vote uh for their future. i think it's really
[00:19:30] important to take part in this election buse like uh
[00:19:33] we need to express our uh
[00:19:37] union and yeah, this is really important for
[00:19:41] as a first time like voting here, it is really
[00:19:45] important for Russian people abroad to take part in
[00:19:49] these elections, as it is
[00:19:52] very about to express
[00:19:55] fair will, a political will uh so that
[00:19:59] community in Russia, Russia people and international
[00:20:03] community would know our political will.
[00:20:37] stretches 11 time zones and has more than 110
[00:20:41] million voters, organizing nationwide vote is no mean
[00:20:45] feet. here is a breakdown of how the world's biggest country is
[00:20:48] handling the election.
[00:20:49] Process.
[00:22:46] Well, it may take the last day of voting, but this... Still a way to
[00:22:50] go before we know who will represent this vast country in
[00:22:54] parliament for the next five years, are the first preliminary
[00:22:58] results will be available tonight after 9 pm moscow time,
[00:23:02] although the final figures won't be officially confirmed until
[00:23:05] October the 5th. Now stay tuned to RG for the latest
[00:23:09] updates all the
[00:23:10] way.
[00:23:22] Moving on now, concerns are rising over the dangers of
[00:23:25] AI. The top executives have called for slowdown in
[00:23:29] model development, despite trillions of dollars already
[00:23:33] plowed into infrastructure investment. Other warnings come amid
[00:23:37] the rapid growth of cheap Chinese AI models
[00:23:41] that put the profits of US companies under threat. The
[00:23:44] artima hi reports on this. AI was sold
[00:23:48] as the technology that is supposed to make life easier, faster and
[00:23:52] smarter, but now the people racing to build it are suddenly
[00:23:56] warning us to slow down, that dramatic you turn makes it
[00:24:00] hard not to look at twice, and some the loudest voices
[00:24:04] in the AI race are now warning about where this technology
[00:24:08] could lead. it's it's pretty obvious at this point that AI
[00:24:11] is can be very dangerous.
[00:24:15] um, and recommend reading the details the hugging
[00:24:19] face. incident, it's
[00:24:22] intense, so you had like a fanatical
[00:24:25] swam of AI agents
[00:24:27] that that peat the crap out of hogging face for a week,
[00:24:30] yeah, and gained admin access on open
[00:24:33] service, so who knows what it what it actually
[00:24:37] did, may have done things beyond that, i've not looked at that bill more
[00:24:41] super closely, but i what i would say is that the
[00:24:45] idea that we need some way to, it's not a
[00:24:48] panasia, it's not the only thing, but the idea that we need some
[00:24:52] way to make sure that we
[00:24:55] can uh uh deactivate or limit or shut down
[00:24:59] AI models, that's not the only thing, if an AI model is is
[00:25:03] powerful enough, it can circumvent attempts to shut it down, we've seen that in simulations as
[00:25:07] well, but so it may not work at all. this concern is no longer confined to
[00:25:11] silicon valley, it is now reaching the highest
[00:25:15] levels of American politics. this is something that
[00:25:17] is moving very fast in private hands and we don't get top of it, I think can
[00:25:21] be dangerous. If we do get top of it, I do think it's
[00:25:25] beneficial. So, the current worry seems to be that the more
[00:25:28] powerful these systems become, the harder they are to
[00:25:32] predict or control. And if simply switching a system
[00:25:36] off is no longer guaranteed to halt the work, the
[00:25:40] stakes become even higher, and that fear is now feeding
[00:25:44] push for more oversight and even slowing the pace
[00:25:48] of development. When we talk about. Pacing we do not mean
[00:25:51] stopping. Progress has been rapid and will continue to be, but
[00:25:55] it should be slower than it otherwise could be. Interventions like
[00:25:59] safety cases and monitoring have significant costs.
[00:26:03] "pacing will be well worth this cost. no amount of American
[00:26:06] competitive pressure should justify recklessness or let capabilities
[00:26:10] get ahead of alignment and monitoring. these fears don't end with
[00:26:14] CEOs or politicians. researchers within the industry have
[00:26:18] reportedly also walked away warning that the race to build
[00:26:21] increasingly more powerful AI could eventually produce systems
[00:26:25] that humans can no longer control. so
[00:26:29] considering all that, the safety argument sounds con
[00:26:33] but when Silicon Valley itself starts asking Washington to put the
[00:26:36] brakes a race worth billions, it's worth looking
[00:26:40] beyond the safety pitch, and let's ask ourselves who benefits
[00:26:44] when the race slows down. Vice President JD Vence has an
[00:26:48] idea. I feel a little bit weird about the
[00:26:51] fact that you have so many frontier AI tech companies kind of
[00:26:55] coming to the government and begging the government to regulate them, it feels a little bit
[00:26:59] to me like a bit of a trojan horse. A Trogen. horse is quite the way
[00:27:03] to put it, because behind all the talk of safety, there may
[00:27:07] be much more familiar motive at play, and that's money, of
[00:27:11] course. the AI boom carries a staggering price tag and the
[00:27:15] companies lead in it are spending billions before they know
[00:27:19] whether they can actually make those billions back. chips, data
[00:27:23] centers, electricity, computing power, billions and billions
[00:27:27] poured into building bigger and more powerful
[00:27:30] infrastructure, and the returns are... struggling to keep pace. The
[00:27:34] industry's worst headache in the end may not be that AI is becoming
[00:27:38] too powerful. It may be that AI is becoming too
[00:27:41] cheap. Chinese competitors, for example, are putting
[00:27:45] enormous pressure on the market by offering powerful models
[00:27:49] a fraction the cost. Threatening to make the economics of
[00:27:53] today's AI frontier look very different. And for
[00:27:56] lot these companies, cheaper AI is not
[00:27:59] exactly good news. If you're... anthropic or your open
[00:28:03] AI right now, your biggest threat to your bottom line and your
[00:28:06] profits are these Chinese competitors like Deepseek
[00:28:10] and Quen who are blowing out the profitability
[00:28:14] these frontier AI companies by offering uh
[00:28:18] competing products at about 95% the
[00:28:22] capacity at 1.5% the
[00:28:25] cost. imagine if your electric bill uh was
[00:28:29] reduced from $200 uh one month down to to
[00:28:32] $2.50 the next, the electricity
[00:28:36] company would be very upset with that, and so what we should
[00:28:40] see and the context we should acknowledge is the fact that these
[00:28:44] companies have fiduciare responsibility to maximize
[00:28:47] shareholder profits, and right now, their
[00:28:50] biggest profit threat are these companies like Queen,
[00:28:54] Deepseek, ZAI and the others that are offering
[00:28:57] competitive products a fraction the price. These are
[00:29:01] businesses. investors satisfy enormous costs to
[00:29:05] cover in billions of dollars riding on the bed that AI will
[00:29:09] eventually pay off, so yes, AI could
[00:29:12] pose real risks for ordinary people, concerns that deserve
[00:29:16] serious attention, but the CEO is now calling for slowdown,
[00:29:20] face another huge risk, sits right alongside the
[00:29:24] safety debate, the possibility that billions of dollars invested in
[00:29:28] AI simply won't deliver the returns they
[00:29:31] expected and When billions are on the line, the call to slow
[00:29:35] down takes a whole new level of
[00:29:38] complication. And that's a news update right now. I'll see
[00:29:42] you again a tup the hour. Bye
[00:29:44] now.