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 What happens to the economy when most traditional jobs have been replaced by robots?
In the first of this three-part series investigating consumer spending, Jacques reveals how the concept of 'product lifespan' holds the key to our ever-churning consumerism. Exploring the historical origin of planned obsolescence, when some of the world biggest electrical manufacturers formed a light bulb cartel in the 1920s, Jacques reveals how products that are essential to our modern lifestyles are still made to break. During his investigation, Jacques uncovers the process by which a crucial transformation happened and attitudes towards spending were transformed. Instead of needing new goods because our old ones were broken, we learned to want them for reasons of fashion and aspiration - awaking a consumer appetite that could never be satisfied. In the US, he visits a recycling centre where brand-new high-tech goods are destroyed before they have even come out of the box. Jacques also meets some of the companies that encourage consumers to be dissatisfied with what they have and encourage purchases as part of an ever-faster cycle of 'upgrades'. He asks a senior IKEA executive why, despite the company's commitment to sustainability, it still encourages repeated discarding and purchasing. Jacques also talks to a former senior Apple employee who reveals how the company's new focus on fashion, with its colourful iPhones, keeps us buying even when technological innovation slows.
Facebook is a company that has grown from nothing to be worth half a trillion dollars in just 15 years. Today nearly a third of all humans are using it, and yet we rarely get to see the people actually in charge of the biggest social network in the world. The company has suffered a series of deepening scandals and intense media scrutiny. In 2018, their mission - to connect everyone on the planet - seemed to be going dramatically wrong. Data leaks, fake news and hacks on user security were threatening to destroy everything Mark Zuckerberg had built. Yet throughout this difficult time, the company allowed the BBC’s flagship science strand Horizon to follow key members of the team trying to fix the problems and secure the platform. This film goes behind the scenes and follows the teams inside Facebook. It tackles difficult questions, like how our data is used and what content should and shouldn’t be on the site, but also shows how Facebook works, what the teams are doing to secure it, and reveals a hidden technological playground, where some of the smartest engineers in the world are being hired to build systems and technology no one has built before.
Documentary examining Germany's economic power and the automobile industry at the heart of it. Across the world, the badges of Volkswagen, Audi, BMW and Mercedes inspire immediate awe. Even in Britain, where memories of Second World War run deep, we can't resist the appeal of a German car. By contrast, our own industry is a shadow of its former self. Historian Dominic Sandbrook asks what it is we got wrong, and what the Germans got so right.
2013 • Economics
In the autumn of 2007, Matthew Lee, a worried accounting executive at Lehman Brothers, began to notice serious financial irregularities in the company's practices. When he refused to approve tens of billions of dollars' worth of suspicious transactions, he was fired. Six months later, Lehman Brothers sank with 631 billion dollars of debt. Lee, who has since emerged as a crucial figure in Lehman's downfall, and other whistleblowers recount their personal stories of fraud and deception that went right to the top of the bank. Ultimately, they paid the price for trying to expose the 2008 subprime mortgage crisis.
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