“The concept of a dream machine … the human-computer symbiosis … is exciting. We went from the bicycle to the steam engine with ChatGPT.”
Author: admin (Kendrick Williams)
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SPOTLIGHT: BIGS GETTING BIGGER
As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply, has indeed peaked. Indeed, they “slowed to a trickle”... and here are the latest “trickles.”
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TURKEY’S CENTRAL BANK DRAINS GOLD, FOREIGN RESERVES NEAR ELECTION
The Central Bank of the Republic of Turkey saw its foreign currency reserves dwindle by $9.5 billion from 1 April through 12 May and its gold stores shrink by $7.9 billion ahead of mid-May’s first-round presidential election, the Financial Times calculated from the bank’s data.
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CENTRAL BANKS’ INFLATION BUNGLE HAS COST THEM CREDIBILITY
Last week, the Bank of England Museum hosted a “Festival of Mistakes,” highlighting notable financial blunders and panics of the past.
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INVESTORS TRADE IN THEIR DOLLARS FOR EMERGING MARKET BONDS
With high interest rates and inflation easing, emerging economies are drawing a fresh influx of investment in their own local currencies.
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CHATGPT AS YOUR NEW FINANCIAL ADVISOR? NOT YET.
When an artist asked ChatGPT for advice on retirement planning, it told him to open a Roth IRA and some CDs and arrange automatic deposits into his account. “It’s a lot of information thrown at you pretty quickly,” he said.
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GOVERNMENT AI REGULATION WILL FOCUS ON CENSORING AMERICANS AND WOKE OBJECTIVES, NOT THE REAL DANGERS OF AI
If it didn’t before, the rapid evolution of generative AI technology has the full attention now of world elites.
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WOULD CHATGPT-4 OR BARD AI SURVIVE A CHAT WITH ALAN TURING?
How close to human-like “consciousness” are the most advanced publicly available generative AI systems, like ChatGPT-4 and Bard AI?
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AI COULD IGNITE A NEW FINANCIAL CRISIS, SEC CHIEF WARNS
The use of artificial intelligence (AI) by financial firms could pose a “systemic risk” and set off a financial crisis, Gary Gensler, chair of the U.S. Securities and Exchange Commission, told a Wall Street conference in a 16 May speech.
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