Business Daily

Business Daily

By BBC World ServiceBusiness
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Business Daily episodes

  • Phosphates and the disputed corner of north-west Africa

    Phosphate mining is crucial to global food production, given that phosphorus is an essential ingredient in commercial fertilisers. By far, the largest reserves of the world’s phosphates are in Morocco. And while Morocco is the third-largest miner of phosphates, a small percentage of its production comes from the disputed territory of Western Sahara. Morocco considers the territory as part of its country, something the Sahrawi Arab Democratic Republic and the Polisario Front vehemently disagree with.

    Matt Davies travels to Morocco to speak to Nada Elmajdoub, an executive at the national phosphate company OCP. He also hears from Mohamed Kamal Fadel, a spokesperson for the Polisario Front, which is bringing legal challenges against Morocco's phosphate exports in its bid to win independence for Western Sahara.

    Meanwhile Professor Stuart White of the University of Technology Sydney questions the sustainability of the planet's usage of mined phosphates to boost crop yields, plus Stephen Zunes, a professor of Middle East politics at the University of San Francisco, explains the history of the Western Sahara conflict and how Morocco gained the upper hand.

    (Picture: Phosphate rock; Credit: prim91/Getty Images)

    19 min
  • Reinventing capitalism

    Can corporations be repurposed to prioritise society and the environment over profit? Ed Butler discusses the question with BBC Business Editor Simon Jack, who says he sees signs of real change.

    With a climate emergency upon us, many people in business and finance appear to be having a genuine change of heart about economist Milton Friedman's famous maxim that the corporation's sole purpose should be to maximise shareholder value. Perhaps corporations have other responsibilities too?

    Among the capitalists talking this new talk are Stephen Badger, chairman of the giant family-owned US confectionary company Mars, and Alan Jope, chief executive of Anglo-Dutch consumer goods conglomerate Unilever.

    (Picture: A cute piggy bank sits astride a large pile of coins; Credit: Petmal/Getty Images)

    19 min
  • Are friends electric?

    When will artificial intelligence be capable of providing intelligent conversation? Jane Wakefield looks at two AI systems that still fall well short in the so-called Turing Test of passing themselves off as human.

    Amazon's virtual assistant Alexa may be capable of ordering your groceries or even cracking a joke, but shockingly she has never heard of Business Daily. Despite this clear evidence of limited intelligence, head scientist Rohit Prasad insists that his baby has smarts.

    Meanwhile a more glamorous build-you-own-buddy is Sophia (pictured), the android capable of 60 facial expressions, which apparently was enough to earn her Saudi citizenship. But is she more than just a pretty latex face? Jane speaks to her creator and biggest fan, David Hanson.

    (Picture: The humanoid robot Sophia, which was granted citizenship in Saudi Arabia; Credit: Pavlo Conchar/SOPA Images/LightRocket via Getty Images)

    19 min
  • Hack my brain

    Facebook and Elon Musk are among those interested in the potential use of brain probes to read minds and enhance human capabilities.

    Jane Wakefield looks at the technology of inserting electronic implants into the brain, and the ethical implications. Dr Ali Rezai of the Rockefeller Neuroscience Institute uses the probes to treat people with conditions such as epilepsy and drug addiction, but fears where commercialisation of the technology could lead.

    Jane also speaks to bioethicist Dr Sarah Chan of the UK’s Royal Society; and with Noel Sharkey, professor of artificial intelligence at the University of Sheffield.

    (Picture: MRI scan of a patient treated with a deep brain stimulation implant at Grenoble University Hospital in France; Credit: BSIP/UIG Via Getty Images)

    19 min
  • Will flying taxis ever take off?

    Will giant drones one day ferry us all through the heavens all on our way to and from work? Jane Wakefield speaks to two German companies who are working on that vision.

    Daniel Wiegand, co-founder of Lilium, says his company's sleek battery-powered creation can neither be seen nor heard as it whizzes through the air - which apparently is a good thing. Meanwhile Alexander Zosel, founder of rival Volocopter, assures Jane that commuters will be perfectly safe as they are raised aloft in his pilotless aircraft.

    But aerospace analyst Richard Aboulafia questions whether these services will ever be affordable to the average bus or train passenger. Plus Jeremy Wagstaff.

    (Picture: Visitors watch a prototype of the first flying taxi, the eVTOL by the company Lilium, at the Digital Summit in Nuremberg, Germany; Credit: Christof Stache/AFP via Getty Images)

    19 min
  • Smart cities: Big Data's watching you

    City streets are becoming a valuable source of big data, so should we care who is gathering it and how it is being used?

    In Shenzhen in China, the authorities are using video footage and facial recognition technology to reward or punish citizens' good or bad behaviour - such as littering or running red lights - via "social credit" systems.

    Meanwhile in the Canadian city of Toronto, a new waterfront redevelopment is introducing similar sensors and smart tech from Google subsidiary Sidewalk Labs. But does this just represent another data bonanza for the tech giant at the expense of people's privacy?

    Jane Wakefield speaks to Sidewalk Labs' head of urban systems Rit Aggarwala, local activist Julie Beddoes, as well as tech consultant Charles Reed Anderson,

    (Picture: CCTV security camera front of a city office building; Credit: nunawwoofy/Getty Images)

    19 min
  • Smart cities: How Barcelona learned to listen

    Smart sensors can improve citizens' lives, especially when residents are put in charge of gathering the data.

    Jane Wakefield reports from the Placa del Sol in Barcelona, where Guillem Camprodon of the city's Fab Lab explains how his initiative of placing noise detectors around the square helped residents finally get the city council to take the problem of night-time disturbances seriously.

    Michael Donaldson, the city's commissioner for digital innovation argues that public authorities ought to be able to collect more user data, in the same way that online businesses do, in order to improve public services. But tech consultant Charles Reed Anderson warns that the hype around the potential for smart cities far exceeds what is currently achievable, while Sandra Baer of Personal Cities argues that humans need to remain at the centre of such efforts.

    (Picture: Noise level sensor in Barcelona; Credit: BBC)

    19 min
  • How 24/7 life is rewiring our brains

    A group of artists look at how our modern hyper-connected always-on lifestyles are affecting our behaviour and interfering with our sleep.

    Their work has been brought together in an exhibition at London's Somerset House, called 24/7: A Wake-Up Call for our Non-Stop World. Manuela Saragosa takes a tour with director and co-curator Jonathan Reekie.

    Plus the Canadian artist and author Douglas Coupland tells Manuela how he religiously guards his sleep hours in the name of creativity, and how he remembers the moment he realised his brain was being rewired by the internet back in the 1990s.

    Producer: Laurence Knight

    (Picture: Sprites I by Alan Warburton, showing at Somerset House; Credit: Alan Warburton via Somerset House)

    18 min
  • Our digital afterlife

    What happens to your online presence when you die, and who owns your data? Manuela Saragosa speaks to Carl Ohman, a researcher in the digital afterlife from the Oxford Internet Institute, and Dr Elaine Kasket, a counselling psychologist and author of All The Ghosts In The Machine: Illusions of Immortality in the Digital Age.

    (Picture: Cloud in the form of a mouse cursor arrow; Credit: cinek20/Getty Images)

    19 min
  • Have you paid your taxes?

    Tax evasion is rife in many parts of the world, but might that be partly because we are we taxing the wrong things?

    Ed Butler looks at two countries overwhelmed by the problem. Bolivia has the proportionately largest tax-avoiding black economy in the world (at least of countries that gather statistics on these things). Katy Watson reports from a hilltop flea market where paying tax is simply considered bad for business.

    Meanwhile Greek economist Nicholas Economides discusses his country's clampdown on the 30% of the economy that operates below the tax radar by encouraging a shift away from cash towards electronic payments that can be more easily monitored.

    But are all these efforts being directed at the wrong targets? Most of the tax burden falls on labour in the form of income tax, but comedian and author Dominic Frisby says wealth, land and capital are let off far too lightly.

    (Picture: Bolivian woman carrying her baby; Credit: hadynyah/Getty Images)

    19 min

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