The robot revolution is here. It may seem like robots aren’t all that prevalent, but many people already have robot floor cleaners in their homes. Think Roomba. Most factories now leverage countless bots that never get tired or make mistakes. Soon, cars will be completely auto controlled. CGP Grey discusses the future of robots, and how jobs and the economy will change in this new video. What happens to the economy when most traditional jobs have been replaced by robots?
Why should you care about the well-being of people half a globe away?
In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.
In the 1960s, a radical group of psychotherapists challenged the influence of Freudian ideas, which lead to the creation of a new political movement that sought to create new people, free of the psychological conformity that had been implanted in people's minds by business and politics.
Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world. Now, for BBC Two's award-winning strand This World, Peston reveals what has actually happened inside China since the economic collapse in the west in 2008. It is a story of spending and investment on a scale never seen before in human history - 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.
Growing seaweed is now a ten billion dollar a year global industry. Tim travels to Korea to see some of the biggest seaweed farms in the world and meets the scientists who are hoping to create a seaweed revolution in Australia.
Chernobyl 1986. A nuclear reactor exploded, spewing out massive quantities of radiation into the atmosphere. Within days, the pollution had spread across Europe. Living on land contaminated with radioactivity would be a life-changing ordeal for the people of Belarus, but also for the Sami reindeer herders of central Norway. It even affected the Gaels of the distant Hebrides. Five years ago there was a meltdown at the Fukushima reactor, and thousands of Japanese people found their homes, fields and farms irradiated, just as had happened in Europe. This international documentary, filmed in Belarus, Japan, the lands of Norway's Sami reindeer herders and in the Outer Hebrides, poses the question: what lessons have we learned? Gaelic title: Chernobyl agus Fukushima: Na Leasanan
2016 • Economics