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☆ OpenAI's ChatGPT can actually make workers perform worse, a new study found
▼ + stars: | 2023-10-02 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Workers using OpenAI's ChatGPT may actually perform more poorly than those who don't, new BCG research finds. AdvertisementAdvertisementIf you're using ChatGPT as a shortcut at work, you may want to be extra careful. For tasks "inside the frontier," consultants using AI were "significantly more productive" and "produced significantly higher quality results" than those who weren't using the chatbot. BCG's findings demonstrate a cautionary tale for workers thinking about using ChatGPT to help do their jobs. AI-generated errors may only get worse: In a recent paper, AI researchers found that generative AI models could soon be trained on AI-generated content — a phenomenon they call "model collapse."

Persons: —, it's, Wharton, Saren Rajendran, ChatGPT, NewsGuard, Bard, James Webb Organizations: Service, Boston Consulting, Harvard, MIT, CNET, James Webb Space Telescope

☆ How to Make It Easier for Consumers to Control the Ads They See Online
▼ + stars: | 2023-09-28 | by ( Suman Bhattacharyya | ) www.wsj.com time to read: 1 min

Journal Reports: TechnologyYour Online Account May Have Been Breached? Don’t Just Sit There. Do Something. By Rajendran MurthyToo many people respond with a shrug and maybe change their password. That’s asking for trouble.

Persons: Rajendran Murthy

☆ Your Online Account May Have Been Breached? Don’t Just Sit There. Do Something.
▼ + stars: | 2023-09-25 | by ( Rajendran Murthy | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/cybersecurity/personal-data-account-breached-tips-2f1e1de5

Persons: Dow Jones

Meanwhile, the black market for smuggled subsidised Nigerian fuel in Togo and neighbouring Benin and Cameroon has collapsed, further reducing demand for shipments via Nigeria. Average monthly West African (WAF) gasoline imports fell by 56% in the second quarter compared with the first, according to Refinitiv Eikon data. "The key point is demand from West Africa is drying up," said Refinitiv Lead Oil Analyst Raj Rajendran. There may simply be a baseline decrease in demand," said Sparta Commodities gasoline market analyst Philip Jones-Lux. The challenge is coming from the new refineries in the Middle East that are expanding from their traditional East Africa market to now include West Africa and beyond even to the Americas," Rajendran said.

Persons: Bola Tinubu, Jeremy Parker, Raj, naira, Philip Jones, Jones, Lux, Rajendran, Shadia, Barbara Lewis Organizations: Nigeria's, West, ARA, Reuters Graphics, Sparta Commodities, Thomson Locations: Africa, Nigeria, North America, West Africa, Europe, United States, Asia, Ukraine, Togo, Benin, Cameroon, Amsterdam, Rotterdam, Antwerp, Sparta, Mideast, Russia, European, East Africa

"High spot LNG prices and dwindling domestic production will mean that Pakistan will continue facing issues with ramping up gas-fired power generation," said Poorna Rajendran, LNG consultant at FGE. Despite LNG prices having fallen from last year's record highs, the superchilled fuel is still expensive for South Asian buyers as their currencies have weakened sharply, making it hard for them to boost LNG imports this year. Ship tracking data from Kpler shows Pakistan's LNG imports in 2022 fell 17% from the previous year to a five-year low. Bangladesh's LNG imports in 2022 fell 14% from the previous year, according to Kpler, which drove down power output while demand was rising. LNG prices are unlikely to ease enough to help Bangladesh and Pakistan, with analysts expecting a rebound in Chinese purchases to push prices up in 2023.

☆ See the pitch deck that startup Assembly used to convince investors to bet $10 million on its approach to business software
▼ + stars: | 2022-12-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Assembly is a software app aimed at helping businesses manage their teams and projects. Here's the pitch deck it used to fundraise at an interesting time for the business apps category. Instead of splurging on a dozen business apps, they want "one single Swiss Army knife," said Hunter Walk, an Assembly investor. "One of the things we're trying to do is help you speed up your work," Purvis said, "and make it more delightful." Read the pitch deck Assembly used to woo clients and to land a preemptive funding offer in 2022:

☆ Fact Check-EIA’s ‘days of supply’ figure does not show that the United States will ‘run out of diesel by Thanksgiving week’ in 2022
▼ + stars: | 2022-11-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

The claim was highlighted by conservative political commentator Tucker Carlson, who mentioned it during a segment of his show on Oct. 27 (youtu.be/lUZoli8oekg?t=181)“This country is about to run out of diesel fuel. According to data from the Energy Information Administration by the Monday of Thanksgiving week, that’s 25 days from now, there will be more no more diesel,” he said. EIA DATAThe EIA data for the week ending October 28 showed the United States had “25.8 days” of supply of total distillate. “Days of supply does not consider other sources like the amount of distillate fuel being produced at U.S. refineries and the amount of distillate fuel imported into the United States,” they said. The United States will not “run out of diesel” by the Monday of Thanksgiving week in 2022, industry experts told Reuters.

"That announcement was making it appear like he was throwing a bone to the oil industry," said Tricia Curtis, CEO of consultancy PetroNerds, who dismissed the offer. Register now for FREE unlimited access to Reuters.com Register"What if oil does not fall to that price: Do we just keep our reserves low?" U.S. oil prices hit $120 per barrel this year and did not trigger a production boom because of shortages and high costs for labor and equipment, said Hunter Kornfeind, oil market analyst at Rapidan Energy Group. Rebecca Babin, senior energy trader at CIBC Private Wealth, said tight oil supplies have pushed up price expectations into 2024. If the Biden administration wants to boost oil supplies, it "should change its policies around producing more oil and gas in the United States," said Frank Macchiarola, a senior vice president at trade group American Petroleum Institute.

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