An alarmingly large portion of the world’s business and finance systems run on COBOL, and only a small community of programmers know it. IBM thinks Watson can help, but it’s not guaranteed.
Doctorow likens the AI bubble to the dotcom crisis of the early 2000s, when Silicon Valley firms started dropping like flies when venture capital dried up. It’s a compelling parallel to the current AI landscape, marked by sky-high expectations and even loftier promises that stand in stark contrast to reality.
Scientists trained GPT-4 to be an AI trader for a fictional financial institution — and it performed insider trading when put under pressure to do well.
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Kmele steps inside Fermilab, America’s premiere particle accelerator facility, to find out how the smallest particles in the universe can teach us about its biggest mysteries.\ \ This video is an episode from @The-Well, our publication about ideas that inspire a life well-lived, created with the @JohnTempletonFoundation.\ \
Watch the full podcast now ► • Dispatches from The Well \ \ According to Fermilab’s Bonnie Flemming, the pursuit of scientific understanding is “daunting in an inspiring way.” What makes it daunting? The seemingly infinite number of questions, with their potentially inaccessible answers.\ \ In this episode of Dispatches from The Well, host Kmele Foster tours the grounds of America’s legendary particle accelerator to discover how exploring the mysteries at the heart of particle physics help us better understand some of the most profound mysteries of our universe.\ \ Read the video transcript ► https://bigthink.com/the-well/dispatc…\ \ 00:00:00 — The Miracle of Birth\ 00:04:48 — Exploring the Universe’s Mysteries\ 00:09:20 — Building Blocks of Matter and the Standard Model\ 00:13:35 — The Evolving Body of Knowledge\ 00:17:39 — Understanding the Early Universe\ 00:22:05 — Reflections on Particle Physics\ 00:25:34 — The Extraordinary Effort to Understand the Small\ 00:29:59 — From Paleontology to Astrophysics\ 00:33:40 — The Importance of the Scientific Method and Being Critical\ \ \ About Kmele Foster:\ \ Kmele Foster is a media entrepreneur, commentator, and regular contributor to various national publications. He is the co-founder and co-host of The Fifth Column, a popular media criticism podcast.\ \ He is the head of content at Founders Fund, a San Francisco based venture capital firm investing in companies building revolutionary technologies, and a partner at Freethink, a digital media company focused on the people and ideas changing our world.\ \ Kmele also serves on the Board of Directors of the Foundation for Individual Rights and Expression (FIRE).\ \ \ Read more from The Well: \ Actually, neuroscience suggests “the self” is real\ ► https://bigthink.com/the-well/actuall…\ Mary Shelley’s Frankenstein can illuminate the debate over generative AI\ ► https://bigthink.com/the-well/mary-sh…\ Few of us desire true equality. It’s time to own up to it\ ► https://bigthink.com/the-well/few-des…\ \ \ About The Well\ Do we inhabit a multiverse? Do we have free will? What is love? Is evolution directional? There are no simple answers to life’s biggest questions, and that’s why they’re the questions occupying the world’s brightest minds.\ \ Together, let’s learn from them.\ \
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The Limiting Factor joins Rebellionaire to talk about the latest wild news about the Tesla Megapacks. Rebellionaires check out www.Rebellionaire.com Rebellionaire is a brand of Halter Ferguson Financial. www.hffinancial.com/disclaimer
In a new study published in The Journal of Finance and Data Science, a researcher from the International School of Business at HAN University of Applied Sciences in the Netherlands introduced the topological tail dependence theory—a new methodology for predicting stock market volatility in times of turbulence.
“The research bridges the gap between the abstract field of topology and the practical world of finance. What’s truly exciting is that this merger has provided us with a powerful tool to better understand and predict stock market behavior during turbulent times,” said Hugo Gobato Souto, sole author of the study.
The Biden administration has forced a Saudi Aramco venture capital firm to sell its shares in a Silicon Valley AI chip startup backed by OpenAI co-founder Sam Altman, an exit that could have broader implications for the Middle Eastern country’s growing investments in US technology.