Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:02:04what's true. Anthropic: one of Robots are sprinting down racetracks in China, one of the
00:02:07world's biggest AI companies is cutting apart
00:02:10books by the thousands, and Mark Zuckerberg says the
00:02:13future belongs to personal superintelligence, from humanoid
00:02:17robots to AI training data and Silicon Valley's latest
00:02:22promises. What do these stories mean for users? Let's get into it.
00:02:26Robots that perform martial arts. Robots, the place.
00:02:30soccer and now, robot that allegedly beat Usain
00:02:33Bolt's 100 meter record. Is this a
00:02:36glimpse of what's coming to our homes and factories? Or a clever
00:02:40PR stunt, because that's what some experts call the World Humanoid robot
00:02:44games, a massive PR campaign for the Chinese
00:02:47robotics industry. Will physical AI really change our
00:02:50lives? And what does China's push for humanoid robots mean for
00:02:54you? Take this guy for example. The
00:02:58robot covered 100 m. 9.39 seconds and
00:03:02later improved to 8.86.
00:03:04Is this a marketing ploy or a technological
00:03:07breakthrough? In short, it's both. To
00:03:10move at the speed, the robot needs the right materials, sensors and
00:03:14software that can help it adjust its balance in
00:03:16milliseconds. Making two-liked machine move fast
00:03:20without damaging its joints is a challenge, and by the way, the crash
00:03:24at the end of the race isn't necessarily a bad thing for
00:03:27developers. Some of the things. that we humans
00:03:30think super easy, like walking, stopping,
00:03:34just standing is very complex
00:03:37task. testing these under these conditions, um,
00:03:41every failure is data. running fast
00:03:44shows mechanical capability, but it's not a
00:03:47matter of autonomous decision making. this was
00:03:50required at other less flashy, but more demanding
00:03:53competitions at the world humanoid robot games. robots were
00:03:56given problem solving tasks that required autonom. decision
00:04:00making, helping them via teleoperation was allowed in some
00:04:04cases, but penalized, so robots can be
00:04:07somewhat smart and fast. does that mean they could do our
00:04:11chores soon? watching videos like these, you might think
00:04:14household robots are already working in people's homes, but shipping
00:04:18robots is one thing, what they can actually do is another.
00:04:21in testing environments, robots might succeed and ironing clothes,
00:04:25folding laundry or doing the dishes. everyday
00:04:28homes are more complicated. Our homes aren't
00:04:31standardized. It's extremely difficult for
00:04:34humanoid sensors to understand everyday household
00:04:37chaos. For now, the idea of humanoid robot walking
00:04:41into your home and cleaning it from top to bottom without any
00:04:44assistance, remains science fiction.
00:04:47People think that maybe we can just put LLMs on robots and suddenly
00:04:51they'll be intelligent, but the LLMs are not
00:04:54really intelligent in the sense that they don't understand the
00:04:58physical world and the... don't understand consequences of
00:05:01action. One of the biggest technical challenges is
00:05:04touch or tactile sensing. Robots have
00:05:07touch and force sensors, but they still cannot
00:05:10match the sensitivity of human. touch: Wang Shing
00:05:14Shing, CEO of Chinese company Unitri, recently
00:05:17admitted that humanoid robots could still need up to 10
00:05:21years before they have a real breakthrough. Okay, but
00:05:24what about humanoids in the workplace? Will they take our
00:05:27manual jobs? Companies are already testing
00:05:31humanoid robots in factories, warehouses and dangerous work
00:05:35environments. They bring one massive advantage from the
00:05:38employer's perspective: they're built to work in spaces designed for human.
00:05:43that could mean fewer changes to factories and
00:05:45equipment, but here's the good news for workers: the World
00:05:49Economic Forum expects robot technology to create
00:05:53more jobs than it will replace. while humanoid robots maybe
00:05:56stealing the spotlight, the bigger threat to the way we work
00:06:00today is actually software AI. yet, the
00:06:03rapid progress in robotics raises another important
00:06:06question: what does it mean when the world's robots come from
00:06:09China? China doesn't only have the flash... robots at the moment,
00:06:13it's also the global leader in mass producing them. In
00:06:172025, Chinese made humanoid robots accounted for
00:06:20around 85% globally. There's a new tech race
00:06:24taking shape. The US is moving to restrict and ban imports of Chinese
00:06:28autonomous humanoids, largely over security concerns. Other
00:06:32countries are watching closely too. These robots
00:06:35collect and process large amounts of data about the
00:06:39people and places around them. That raises privacy.
00:06:43and national security concerns. The bottom
00:06:45line, we likely won't see a Chinese robot invasion in our living
00:06:49rooms anytime soon, but physical AI could still transform the
00:06:53workplace, and that's something none of us can afford to
00:06:56ignore.
00:06:59Are AI companies really destroying antique
00:07:02books? AI companies are burning books, burning the books. Big
00:07:06AI is literally lighting our books on fire. You've probably seen videos
00:07:10like these on social media. but it's not that simple. Here's
00:07:16the biggest AI companies in the world ran secret
00:07:20project, their own internal documents state an effort
00:07:23to destructively scan all the books in the world, and they don't want
00:07:27anyone to know about it. The optics aren't
00:07:30great, but are they really destroying unique
00:07:35closer look at what's actually happening. First question,
00:07:38why? AI models like chat chipt or claud learned from
00:07:42huge amounts of text. For years, companies just
00:07:46scraped the internet for training data. They took everything they
00:07:49could find, but even the internet is finite. By
00:07:53now, there's not much fresh, high quality text left to
00:07:57feed these models, plus, more and more of the internet is
00:08:01now being written by AI itself. And when an AI
00:08:04trains on AI generated content, quality
00:08:07drops fast. Researchers call it model
00:08:10collapse. Think of it like, photocying a photocopy of
00:08:14a photocopy, it gets worse every time, that's where
00:08:18books matter, specifically older ones written long before
00:08:21the AI era, they're curated, reviewed, structured,
00:08:25and arguably, the highest quality training data left on the
00:08:29planet. in recent months, booksellers, researchers and
00:08:32distributors began noticing large scale purchases of
00:08:35physical books, like this antiquarian book shop in
00:08:38Berlin. we were getting orders worth over €100.
00:08:42from this company almost every day, and some of them would
00:08:46come in at 4:30, 5, 5:30, so they
00:08:49weren't bundled together, which suggests these had to be
00:08:52automated orders. There's one more reason why
00:08:56Anthropic is buying physical books. Recently, they agreed
00:08:59to huge 1.5 billion dollar
00:09:03settlement in a copyright case. A group of authors had sued the company for
00:09:06training their AI models on their texts and here's the interesting part: the
00:09:10court found that training AI on books is not illegal,
00:09:14but downloading pirated copies and storing them is,
00:09:18so now anthropic is paying for the hard copies, and in this case
00:09:22it was ruled that buying books, digitizing them and destroying physical
00:09:26copies is legal under US law, it's only changing the
00:09:30format. are they actually destroying rare unique
00:09:33books that will now be lost forever? in short? so
00:09:37far, there's no evidence of it. anthropic mostly looks for out
00:09:40of print, technical or
00:09:55to this day, meaning they're not freely available online or not available on the internet at all, and it was mainly
00:09:59non-fiction and specialist books, so specific
00:10:02subjects with a high information density and academic
00:10:06style of language, the reality, most used
00:10:09books aren't rare, they exist in thousand. of identical
00:10:13copies. Nevertheless, Henwack stopped selling the books when they
00:10:17realized what they were being used for, because they wanted to sell books for
00:10:20humans to read. Other booksellers are happy they get to sell stacks of
00:10:24old. books that have been sitting in their warehouses for years, but
00:10:28critics worry AI companies won't stop at mass produced books
00:10:31and will come for the rare ones
00:10:33next.
00:10:36Mark Zuckerberg recently dropped Meta's version for the future of
00:10:39AI, a personal super intelligence designed to help all of
00:10:43us reach our goals. He also warns against concentrating
00:10:46AI power in the hands of few. has Zuckerberg suddenly
00:10:50become a tech humanitarian? don't be fooled. behind his
00:10:53massive 6,000 500 Word Manifesto is much
00:10:57bigger strategy, a high-stakes battle for influence,
00:11:00data and money. Here's what's really going on. Let's first take a
00:11:04look at the huge promises he's making. Zuckerberg argues that
00:11:08individual empowerment must be at the center of AI
00:11:12development, and according to him, there's a lot in store for the average
00:11:16user. In his vision, we will all have super capable
00:11:19personal AI agents that work for us 24/7. We'll
00:11:23have incredible. tools to get creative and powerful tools to
00:11:27bring our business ideas to life, plus we will be able to learn
00:11:31anything we want and can all contribute to scientific
00:11:34progress, and the best part, according to Zuckerberg's vision, all of that should
00:11:38be free, or at least affordable for billions of
00:11:41people. Sounds great, right, but some tech journalists
00:11:44and experts view the whole thing as a clumsy attempt to make
00:11:48AI more appealing. Fact is, global public trust
00:11:52and AI is low. According to a recent users
00:11:55are generally more afraid of AI's potential dangers than
00:11:59they are excited by the possibilities it might bring. there is
00:12:02another hidden message in the manifesto. Zuckerberg
00:12:06wants to position Meta as the good guy in the AI race.
00:12:10Look at how companies like Open AI and Anthropic market
00:12:13themselves. They warn that AI agents could go rogue or
00:12:17cybersecurity is in danger. Then they offer to
00:12:20sell us tools designed to help manage those risks.
00:12:23Zuckerberg basically calls a south. as fear mongering, designed to
00:12:26trap corporate and private users into expensive paid
00:12:30subscriptions. And that's where Meta's strategy comes into focus. Unlike
00:12:34many of its AI rivals, Meta doesn't depend primarily
00:12:38on selling AI subscriptions. It's main business driver is
00:12:41still advertising. That means Meta can afford to offer
00:12:45powerful AI tools for free, or a much
00:12:49lower price than competitors. And if users don't have to pay a monthly
00:12:52fee, companies that rely on subscription. could feel the
00:12:55pressure, but Zuckerberg doesn't stop there, he even wants to make Meta's
00:12:59AI products open source or
00:13:03open weight. Let's sum up both as open
00:13:06AI for now though. According to Zuckerberg, this is the best way to
00:13:10help protect individual freedom. His sales
00:13:13pitch is simple: if I let people look inside my software,
00:13:17they'll trust me far more than closed labs like open AI
00:13:20and anthropic. To be fair, Meta already offers a range of open
00:13:24AI tools, the best known being the large language model
00:13:27Lama. But there's a geopolitical angle here as well: more
00:13:31and more powerful AI models are emerging from China, and
00:13:34Zuckerberg makes it clear that he sees that as a strategic
00:13:38challenge. In a chapter titled protecting freedom and preventing
00:13:42government turiny, Zuckerberg warns that if western regulators
00:13:45clamp down on Open AI models, autocratic
00:13:48regimes will win the global AI race. Critics see it
00:13:52differently. They argue meta is trying to protect. its business model,
00:13:56giving away AI technology widely, building massive
00:14:00adoption, weakening rivals that rely on keeping their most powerful
00:14:03models behind a paywall, and keeping regulators at
00:14:07arms length. In summary, Zuckerberg really
00:14:10wants everyone to trust him, users, governments,
00:14:14investors, and especially AI
00:14:17regulators, but to many, his AI utopia feels
00:14:20implausible and self-interested. Let us know what
00:14:23you think. See you!
00:21:56Hello from Sarajevo, follow Forts magazine, I am Amila Keserović
00:22:00Polić, watch tonight's show. Starlink arrives in Bosnia and
00:22:04Herzegovina, how much will it cost and
00:22:07who will benefit the most.
00:22:10Between the Middle East and energy transition, what is the fate
00:22:14of the global oil market, guest of Forbes magazine Adim
00:22:17Širović.
00:22:20While global profits fall to 23 billion, Air
00:22:23France fights pessimistic forecasts with
00:22:26luxury.
00:22:29SpaceX satellite internet service will be available in Bosnia
00:22:33and Herzegovina in a few days or at the latest a few
00:22:36weeks. As explained by the Minister of Communications and
00:22:40Transport of Bosnia and Herzegovina Edin Forto after the meeting with
00:22:43the Director for Global Licensing and Market Activation
00:22:47of Starlink, Rebecca Slick Hunter. The service
00:22:50of high-speed broadband internet will be available throughout
00:22:54the territory of Bosnia and Herzegovina. He added that
00:22:57there are opportunities for cooperation with Starlink in connecting schools
00:23:01and enabling broadband internet access where
00:23:04existing infrastructure is not yet available. Slick Hunter
00:23:08emphasized that details about the service itself, including
00:23:12prices, will be known in the coming days. It will be available throughout
00:23:15the area and it will be up to the citizens to decide what they
00:23:19want from it. She said that as Nedžad Pirić,
00:23:22a digitalization expert, explained for Forbes Bosnia and
00:23:26Herzegovina, the arrival of Starlink in Bosnia and Herzegovina is one of the
00:23:29most significant changes in the development of digital infrastructure in the last
00:23:3210 years. He notes that Starlink should not be viewed
00:23:36as competition to telecom operators, because fiber optic
00:23:39infrastructure still offers greater capacities at a lower
00:23:42price. Its greatest value is precisely where quality internet
00:23:46does not exist today or is very limited, he says.
00:23:50Pirić. When it comes to price, the total cost, he states, has
00:23:53two components: terminal and subscription. In Croatia, the one-time
00:23:57purchase of a terminal costs 349 euros,
00:24:00monthly subscription for basic packages ranges from 29
00:24:04to 45 euros. While in Slovenia residential
00:24:08packages are in a similar range. For an average household in Bosnia and
00:24:12Herzegovina, the math is very exact, he says, for both
00:24:15models. If the terminal is purchased once, the price is approximately
00:24:19680.5 convertible marks with a subscription of
00:24:22approximately 78 convertible marks
00:24:25per month. Read more about this topic on our portal
00:24:28forbsbih.com.
00:24:32Oil is still at the center of world economic geopolitics. With
00:24:36a barrel reaching around 104 dollars, even
00:24:3936 dollars more than a year ago, and the crisis in the Middle
00:24:43East, global energy is undergoing a historical
00:24:46transformation, while Europe seeks alternatives.
00:24:50To Russian energy sources, and the USA and China take the lead in exporting
00:24:53gas and renewable sources, key questions arise.
00:24:57What will be the further movements of oil prices and how ready is the world
00:25:01for these challenges. We discuss all this in the following with Adim
00:25:05Imširović, one of the leading world experts in oil markets
00:25:08and energy economics, lecturer at Oxford University,
00:25:11former global director for oil at Gazprom Marketing
00:25:15and Trading, with over 35 years of experience in
00:25:18this sector.
00:25:21Good day, Mr. Imširović, welcome to Forbes
00:25:23magazine. Good day, it's good to be
00:25:26here. Well, the price of oil reached this
00:25:30month, and these are yesterday's data, a price of 104
00:25:34dollars per barrel, precisely 104.67
00:25:37dollars, which is about 36 dollars more than
00:25:41last year. You have more than 30 years of experience working in
00:25:44the energy sector in oil trading, among other things, in the position
00:25:48of global director for oil. in Gazprom
00:25:51marketing and trading, what can you
00:25:54say from your long experience, is there really a physical
00:25:58shortage of oil on the market or
00:26:01has the price been raised so much by fear of
00:26:05the continuation and spread of the war and speculation on the
00:26:07exchanges? Well, oil prices
00:26:11are, first let me tell you one thing, everyone quotes these
00:26:14prices, say 104, 105 dollars, that's the price we see on
00:26:18the screen, which is mostly so-called
00:26:20futures, i.e. future markets, however, if
00:26:24you are a buyer or we look at
00:26:28a large buyer, which is a refinery, the situation is
00:26:31quite different. i.e. oil is much
00:26:34more expensive 104-5 dollars per barrel add to that
00:26:38the physical premium for physical oil which is
00:26:41for brand currently some a brand is an international
00:26:45international price of oil i.e.
00:26:48benchmark is somewhere 16 17 dollars higher than
00:26:51that then you have the so-called quality premium
00:26:55on top of that then you have a huge
00:26:58transport price which is now I think.
00:27:02we can go into technical details a bit, but it has gone up terribly, about four or five times, meaning
00:27:06400, 500%, when you add all that, in essence
00:27:10an average refinery in Europe buys oil at perhaps
00:27:13almost 150 dollars per barrel, which is very, very
00:27:17high in addition, we started
00:27:20talking about the overall situation, the situation
00:27:24is very difficult for diesel, because
00:27:27most of the diesel comes, i.e.
00:27:302/3 of European diesel comes either from
00:27:33the Middle East or it used to come from
00:27:36Russia, we don't have that now
00:27:40and most comes either from West Africa
00:27:44or mainly from the United States of America, so the
00:27:47situation is quite difficult, and the price
00:27:50of oil actually has enough, uh,
00:27:54but the price reflects that
00:27:58uncertainty, about possibly
00:28:01a possible halt
00:28:04of diesel exports for a certain period, because diesel
00:28:07prices in America are extremely high, 6.5 dollars per
00:28:11gallon, which is an outrageously high price just at the time
00:28:15when agricultural production needs tractors and all
00:28:19other machinery to use diesel, so all of that will
00:28:22affect inflation, macroeconomic factors,
00:28:26so there is a lot, I have expanded on this a bit, but there
00:28:30is a lot of panic about these high oil
00:28:33prices, either the price of crude oil
00:28:37has exceeded one hundred dollars per barrel, or it is slightly
00:28:41below one hundred dollars per barrel, it seems as if
00:28:44the world is entering a new normality, let's say, as if we
00:28:48have gotten used to all these fluctuations on
00:28:52the energy market, you said that perfectly, precisely
00:28:56that normalization is very interesting, namely what is
00:28:59happening, the problem is not in oil production. transport pipelines, we have
00:29:03that bottleneck, one is open now, meaning Hormuz, now we have
00:29:07another one around Jambua in the Red Sea, and
00:29:10the market, the reason why we have such a
00:29:14volatile price is because everyone knows that
00:29:17if those channels open, there is a lot
00:29:21of oil and it will very quickly come out and flood
00:29:24the market, however as long as those two
00:29:28bottlenecks are closed, and the quantities
00:29:31of oil derivatives that come out of the Middle East are
00:29:35relatively, relatively small, meaning we are already losing at least about
00:29:3910% of the total quantities of oil
00:29:41derivatives, plus uncertainty and
00:29:45from on on on account
00:29:48of all that, so that price actually reflects that
00:29:52uncertainty and we have very volatile prices and it will
00:29:56most likely, you asked me earlier about that,
00:29:59most likely it will continue like that as long as
00:30:04with Iran, that war continues, it is a key
00:30:08war with Iran, to some extent the situation in Ukraine
00:30:11is important, especially when it comes to derivatives, but as long as
00:30:15this war in Iran, as long as the uncertainty
00:30:18is not resolved,
00:30:21we will continue not only with high prices but also very
00:30:24volatile and variable prices,
00:30:28but here, regardless of uh how
00:30:32will... end mm the war, the armed
00:30:34conflict in the Middle East, many
00:30:37analysts claim that the global oil market will
00:30:41never again be
00:30:45that war, is it, uh how do you assess
00:30:48the market's current ability to cope
00:30:51with the new circumstances
00:30:55related to the closure of the Strait of Hormuz and