Misc Stock Market

[No snow for you]

see this Wired article re nuances of LLM's (published on 4/30/23)
the recent 60 Minutes video on 4/16/23 re Google's Bard was fantastic...the poem Bard generated was shockingly moving...
Google's CEO Pichai stated these LLM's may have "emergent properties" (or the sudden appearance of novel behavior)...
I have a ChapGPT account and the interaction (IMO) is revolutionary (and I'm only utilizing ver 3.5, free)

ChatGPT is a cool tool and it reminds me of what Calculators did to math classes, but this time it is doing it to English classes. I do believe that these tools are going to change things dramatically, especially around computer programming (low to moderate end of that profession)

 

[severestorm]

ChatGPT is a cool tool and it reminds me of what Calculators did to math classes, but this time it is doing it to English classes. I do believe that these tools are going to change things dramatically, especially around computer programming (low to moderate end of that profession)

I use it for household tasks, cooking, and gardening now. It's far faster than googling and having to click through several links.

 

[severestorm]

Money Printer goes brrrrrr

 

[severestorm]

More than 190,000 tech-sector employees have lost their jobs since the start of 2023

This year has already surpassed 2022 for global tech redundancies.

www.marketwatch.com

 

[Snowfan]

 

[drfranklin]

very weak and unconvincing press conference
expecting more regional banks to fail...meanwhile, those bankers could get jobs in hotel/leisure
how much does it cost now to service the $31T debt?
JP has got to have the worst job in the world

 

[severestorm]

PacWest reportedly looking for a buyer

 

[drfranklin]

PacWest reportedly looking for a buyer

who the hell would buy this regional outright? wait for a Fed brokered deal (the 2 big 2 fail bank vultures are circling)
PACW is now down to 2.88 in after hours...

 

[severestorm]

who the hell would buy this regional outright? wait for a Fed brokered deal (the 2 big 2 fail bank vultures are circling)
PACW is now down to 2.88 in after hours...

It's almost like this is a taxpayer funded planned consolidation

 

[No snow for you]

Welp

 

[severestorm]

LOL
BofA: "We are not sure why Treasury decided to confirm UST buyback operations today but we suspect it may be due to potential future turnover with Treasury leadership; it is not uncommon for senior Treasury leaders to depart in years 2-4 of any administration"

 

[severestorm]

 

[drfranklin]

trading halted for PACW

 

[Jimmy Hypocracy]

Little oopsie daisy here this morning

 

[Snowfan]

trading halted for PACW

 

[severestorm]

39% of Americans say they’ve skipped meals to make housing payments - Market Watch

 

[severestorm]

First Republic's takeover worsens the 'too big to fail' bank problem, and taxpayers will be on the hook, Elizabeth Warren has said.

 

[NCSNOW]

Good read. Passing along.

What If the Fed Has Lost Control? - LewRockwell

When this bubble bursts, there will be no fourth or fifth bubble, there will only be rubble. The US economy and its financial system operate under the implicit belief that the Federal Reserve controls the direction of the economy and finance. This belief isn’t in Fed influence, it’s in Fed...

www.lewrockwell.com

 

[severestorm]

 

[severestorm]

The share of the dollar in Iran's foreign trade fell from 30% to 10%