Global business and technology consulting and services firm EY has invested $1.4 billion in AI, has created its own large language model AI called EYQ, and will train all of its 400,000 workers in AI, the company announced last week.
Author: admin (Kendrick Williams)
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AI MAY GENERATE 90 PERCENT OF ONLINE CONTENT BY 2026, STUDY SAYS
Within about two years, 90 percent of all content online could be the product of artificial intelligence, according to a study by the European Union Agency for Law Enforcement Cooperation.
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ECONOMIC UPDATE – MARKET OVERVIEW
Back in November of 2022, The Trends Journal had forecast a stock market spike in 2023. We noted that over the past 40 U.S. midterm elections, the S&P 500 rose 16.3 percent in the next 12 months and considering the economic data, the trend would continue.
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MAXIMUM SATURATION
For many years now, I have warned that at one point a “maximum saturation” moment would eventually occur in the financial system—it’s already started.
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BLOCKCHAIN BATTLES
Authors looking for permissionless web3 alternatives to Amazon or Barnes & Noble to publish their works have yet to see anything that approaches the ease of use of those platforms.
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SPOTLIGHT: BIGS GETTING BIGGER
As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend… which hit record highs at the height of the COVID War in 2021 when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
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CHINA’S ECONOMY PERKS UP IN AUGUST
Last month, economic activity picked up in China’s retail and travel industries as well as at computer chip and smartphone factories, the National Bureau of Statistics (NBS) has reported.
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U.K. ECONOMY SHRANK IN JULY AT FASTEST PACE THIS YEAR
In July, Britain’s economy contracted most sharply since December, with GDP puckering by 0.5 percent compared to July and busting analysts’ expectations of a 0.2-percent slide.
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ECB RATE HAWKS HOLD OUT FOR ANOTHER INCREASE IN DECEMBER
The European Central Bank’s (ECB’s) decision last week to signal that its interest rate may now have peaked was not unanimous.