What we are witnessing is the modern-day equivalent of book burning which involves doing away with dangerous ideas—legitimate or not—and the people who espouse them. Seventy years after Ray Bradbury’s novel Fahrenheit 451 depicted a fictional world in which books are burned in order to suppress dissenting ideas, while televised entertainment is used to anesthetize the populace and render them easily pacified, distracted and controlled, we find ourselves navigating an eerily similar reality.
As we have been forecasting, with interest rates rising, not only would depositors take their money out of banks and invest it money market funds and high-yielding Treasuries, but more importantly, the socioeconomic and geopolitical damage inflicted upon humanity by politicians who launched the COVID War, would also devastate much of the banking system.
Hordes of would-be “authors” are continuing to find their voice…well, their generative text-based AI voice.
They’re learning how easy it is to produce articles, promotional materials, blog posts, lyrics, short stories and even novels using Artificial Intelligence writing assistants like ChatGPT, Bard AI and others.
A peer-reviewed study published in 2011, using 2009 data, demonstrated that “among the most highly developed nations, those requiring the most vaccine doses for their infants tended to have the least favorable infant mortality rates”
On standard tests of logical reasoning, including the SAT, OpenAI’s ChatGPT-3 AI performed about as well as a typical college student, according to psychologists at the University of California Los Angeles.
Private equity firm Tiger Global has sold its 4 percent of Flipkart, the Indian e-commerce company, to Walmart for $1.4 billion, Tiger told investors last week in a letter.
A tech company with a staff of 500 workers will need 20 percent less office space now than in the past, due to layoffs and the adoption of remote work, brokerage firm CBRE projected in a new study of North America’s top 50 job markets.
China’s manufacturing sector contracted again in July for the fourth straight month.
The country’s official purchasing managers index (PMI) registered 49.3 last month, after notching 49.0 in June, May and 49.2 in April, the National Bureau of Statistics (NBS) reported. Ratings below 50 indicate shrinking economic activity.
Canada’s GDP grew a scant 1 percent in this year’s second quarter, Statistics Canada reported, slower than the 3.1 percent posted in the first quarter and below the Bank of Canada’s 1.5-percent forecast.