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☆ If you can say these 6 phrases with confidence, you live a happier, more hopeful life than most
▼ + stars: | 2024-04-28 | by ( Dr. Alphonsus Obayuwana | In Alphonsusobayuwana | ) www.cnbc.com time to read: +5 min

After three decades researching human hope and happiness, I discovered a method you can use to measure your happiness. It's based on this simple equation: Hope ÷ Hunger = Happiness This math formula — hope divided by hunger equals happiness — says that the more hopeful and less hungry you are, the happier you become. If you're flourishing, on the other hand, it means you're happy, full of hope, and functioning well emotionally and socially. So if you can confidently make these six statements, you're flourishing — living a happier, more hopeful life than most people:1. When you have something to contribute, it means you're a consequential member of the community.

Persons: —, Hope, haven't

☆ Grandma Joy: Now aged 94, this viral star is taking on a new travel challenge
▼ + stars: | 2024-04-07 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

“I don’t have many years left, [so] you hop to it,” Grandma Joy, now 94, tells CNN Travel via Zoom. @grandmajoysroadtrip“We’re in each other’s pockets all the time,” says Grandma Joy. “I tried to learn to enjoy his kind of music,” says Grandma Joy, who has three other grandchildren. Willing spirit"I'm in good shape for an old woman," says Grandma Joy. Life is very short.”As for Grandma Joy, she’s enjoying making up for lost time, and now has several stamps in her first ever passport.

Persons: Grandma Joy ” Ryan, Brad Ryan, “, Grandma Joy, Grandma, Ryan’s, Ryan, ”, @grandmajoysroadtrip, ” Ryan, I’ll, Keen, Old, Brad, Grandma Joy’s, wasn’t, ziplining, they’ve, “ We’ve, ” We’ve, that’s, he’s, they’re, she’s, I’ve, “ I’ve, “ They’ve, ‘, ’ Organizations: CNN, Parks, National Parks, Banff National, Mara, Reserve, Travel, “, and, Elias, of, South Pacific, Asia ” Locations: Hawaii, Canada, North America, Africa, Kenya, South America, Ecuador, Galapagos, Chile, “, Kilimanjaro, Tanzania, Florida, Smoky, North Carolina, Tennessee, Yellowstone, Alaska, New, West Virginia, Wrangell St, of American Samoa, South, Ohio, Australia, Asia, India, Borneo, Europe, Antarctica, Duncan Falls , Ohio

☆ It took an Austin developer 4 years to build 4 small homes that he made no money on as the city struggles to bridge the gap between tiny apartments and pricy houses
▼ + stars: | 2024-04-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

AdvertisementFor decades, the city's restrictive zoning and land-use policies have made missing-middle housing almost impossible to build. But there aren't many options, particularly for homeownership, between mostly high-end apartments and prohibitively expensive single-family homes. But he's concerned the law won't do enough to shorten the permitting process for missing-middle housing construction. The HOME Act will encourage the construction of smaller single-family homes and promote density, making housing — particularly homeownership — more affordable. Turner just wants the city to "level the playing field" for developers who are willing to build missing-middle housing.

Persons: —, Scott Turner, Turner, Austin's, Austin, Eliza Relman, that's, he's, Brennan Griffin, Joe Sohm, Brandon Bell, Greg Anderson, Anderson, there's, It's, Nicole Nabulsi Nosek, I've, townhomes Organizations: Service, Business, Riverside Homes, Austin, Austin Business, Texas, HOME, Austin Habitat, Humanity, Texans, Reasonable, Democrats Locations: Austin, Austin , Texas, Texas, Manor, Georgetown, City Hall

☆ Tesla first quarter deliveries were a 'disaster' and may mark turning point, Wedbush's Dan Ives says
▼ + stars: | 2024-04-02 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Tesla 's big miss on first-quarter deliveries is raising alarm even among some of the stocks most strident supporters. Wedbush analyst Dan Ives, a long-time optimist about the automaker and its CEO Elon Musk, delivered a harsh review of the results on Tuesday morning. "While we were anticipating a bad 1Q, this was an unmitigated disaster 1Q that is hard to explain away. Otherwise, some darker days could clearly be ahead that could disrupt the long-term Tesla narrative," Ives said in a note to clients. "For Musk, this is a fork in the road time to get Tesla through this turbulent period otherwise troubling days could be ahead," Ives added.

Persons: Tesla, Dan Ives, Elon Musk, Ives, Musk, Wedbush Organizations: optimist, Tesla Locations: Tesla's Berlin, Delaware, Texas

☆ How One Tech Skeptic Decided A.I. Might Benefit the Middle Class
▼ + stars: | 2024-04-01 | by ( Steve Lohr | ) www.nytimes.com time to read: +1 min

David Autor seems an unlikely A.I. But Mr. Autor is now making the case that the new wave of technology — generative artificial intelligence, which can produce hyper-realistic images and video and convincingly imitate humans’ voices and writing — could reverse that trend. Mr. Autor’s stance on A.I. Modern A.I., Mr. Autor said, is a fundamentally different technology, opening the door to new possibilities. And if more people, including those without college degrees, can do more valuable work, they should be paid more, lifting more workers into the middle class.

Persons: David Autor, Autor, A.I, Mr Organizations: Massachusetts Institute of Technology, National Bureau of Economic Research, Mr

☆ Laid-off techies face 'sense of impending doom' with job cuts at highest since dot-com crash
▼ + stars: | 2024-03-15 | by ( Alex Koller | ) www.cnbc.com time to read: +12 min

Last month's job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode. CNBC spoke to a dozen people who have been laid off from tech jobs in the past year or so about their experiences navigating the labor market. Additionally, some listings required applicants to have advanced degrees or professional experience in machine learning and artificial intelligence, a new development in Croisant's experience on the job market. "It is a combination of how well you brand yourself, about your access through networking to any given position — to the hidden job market." Still, Powers said she's trying to stay optimistic, "because giving up is not going to get me a job."

Persons: Ed Jones, Allison Croisant, Croisant, Roger Lee, Layoffs.fyi, Lee, I'm, Powers, who's, Tayfun, Christopher Fong, Fong, Michael Kascsak, Kascsak, It's, Lee of Layoffs.fyi, Amit Mittal, Amit Mittal Amit Mittal, Mittal, he's, Bill Vezey, —, Vezey, She's, would've, she's, Jennifer Elias Organizations: Afp, Getty, PayPal, Meta, Microsoft, eBay, Unity Software, SAP, Cisco, Wall, CNBC, Google, Anadolu Agency, Nationwide Locations: New York, Omaha , Nebraska, Comprehensive.io, Natchez , Mississippi, View , California, United States, Austin , Texas, U.S, who's, India, Chicago, Santa Cruz , California

☆ 3 hot stocks rally after sharp back-to-back losses. Plus, 1 stock to consider buying
▼ + stars: | 2024-03-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, We're, Jamie Dimon, Jim, Dimon, Eli Lilly, it's, Jim Cramer's Organizations: CNBC, Nasdaq, JPMorgan, Oracle, Nvidia, Costco, Broadcom

☆ The breathtaking scope of Sam Altman's future AI empire
▼ + stars: | 2024-03-07 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.

Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington

☆ A little-noticed inflation report in the past could get a lot of market attention on Thursday
▼ + stars: | 2024-02-28 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

With markets on edge over the direction of inflation, a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department's measure of personal consumption expenditures prices could add to evidence that inflation is stickier than some economists and policymakers had thought. Two-year inflation breakevens, or the difference between Treasury yields and Treasury Inflation-Protected Securities, have surged in recent days. "But I think the labor market is a lot more fragile than people think. A report Wednesday confirmed that economic growth was solid to close out 2023, with fourth-quarter GDP accelerating at a 3.2% annualized pace adjusted for seasonal factors and inflation.

Persons: Mark Zandi, Zandi, shouldn't, we're, it's, —, Susan Collins, Collins, Dow Jones, Dow, Michelle Cluver, Cluver, I've Organizations: Moody's, Boston, Securities, Treasury, Fed, Labor, CPI, Dow Jones, optimist Locations: U.S

☆ CNBC Daily Open: Upbeat sentiment over U.S. growth
▼ + stars: | 2024-02-27 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Job seekers attend a Veteran Employment and Resource Fair in Long Beach, California, US, on Tuesday, Jan. 9, 2024. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Growth would have been faster in the fiscal fourth quarter if not for a sales reorganization, the company said. That's Super Micro Computer, a Nasdaq-listed company which makes AI systems and graphics processing unit servers, highlighted Louis Navellier, chairman and founder of Navellier & Associates.

Persons: Dow, Dimon, Jamie Dimon, Taylor Swift, Louis Navellier Organizations: The Department of Labor, CNBC, CSI, Nikkei, Nasdaq, Revenue, optimist, Nvidia, Navellier, Associates Locations: Long Beach , California, Asia, Pacific, Singapore

☆ CNBC Daily Open: U.S. economy sparks optimism
▼ + stars: | 2024-02-27 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets tumbleWall Street closed lower Monday as investors awaited inflation data due later this week. It's real," Dimon told CNBC, calling himself a "big optimist" on the emerging technology. That's Super Micro Computer, a Nasdaq-listed company which makes AI systems and graphics processing unit servers, highlighted Louis Navellier, chairman and founder of Navellier & Associates.

Persons: bitcoin, Dimon, Jamie Dimon, Gina Raimondo, Louis Navellier Organizations: CNBC, Dow Jones, Nasdaq, Revenue, optimist, Nvidia, Navellier, Associates Locations: U.S

☆ JPMorgan CEO Jamie Dimon says AI is not just hype — 'This is real'
▼ + stars: | 2024-02-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don't count JPMorgan Chase CEO Jamie Dimon among them. It's real," Dimon said. JPMorgan has done work on the ability to use the new technologies internally, with Dimon saying that AI will eventually "be used in almost every job." JPMorgan created a new role of chief data and analytics officer last year, in part to handle AI. Dimon said Monday that there are 200 people at JPMorgan doing research on the large language models that have recently been rolled out by tech companies.

Persons: Jamie Dimon, CNBC's Leslie Picker, Dimon Organizations: JPMorgan Chase, JPMorgan, CNBC PRO

☆ Taylor Swift and Travis Kelce face pressure to get married. Here’s what experts have to say.
▼ + stars: | 2024-02-19 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +4 min

CNN —Taylor Swift and Travis Kelce only began dating in the summer but already speculation among fans over whether they’ll get engaged is reaching fever pitch. Why is there a rush to see Swift and Kelce get married? Swift and Kelce are both 34, and neither have been engaged or married yet. What’s more, pressure about marriage can put pressure on the couple, Sloan said. As for Swift and Kelce, they are the only ones who can see what goes on behind closed doors within their relationship.

Persons: CNN — Taylor Swift, Travis Kelce, they’ll, Swift, Kelce, ”, Kate Kurtin, ’, ‘, Kurtin, ” Kurtin, Katherine Sloan, Sloan, What’s, ” Sloan, “ Organizations: CNN, Kansas City Chiefs, Swift, California State University Locations: Los Angeles, Asheville , North Carolina

☆ Ben Affleck is unrecognizable during his cameo in Jennifer Lopez's new movie
▼ + stars: | 2024-02-16 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +3 min

Read previewBen Affleck is one of many celebrity guest stars in Jennifer Lopez's new musical film "This Is Me…Now: A Love Story." Affleck is in the driver's seat while Lopez clings from behind, but his face is never shown onscreen. Ben Affleck and Jennifer Lopez costarred in the 2003 film "Gigli." Affleck and Lopez dated in the early aughts and got engaged in 2002, but broke up in 2003 just three days before their wedding. "This Is Me…Now: A Love Story" is a surreal retelling of Lopez's journey in the interim, including her tumultuous dating life.

Persons: —, Ben Affleck, Jennifer Lopez's, Jane Fonda, Keke Palmer, Rex Stone, Stone, Affleck, Lopez, they're, Jennifer Lopez costarred, Dave Meyers, Lopez's, Sean, Diddy, Combs, Marc Anthony, Alex Rodriguez, Meyers Organizations: Service, Business, Sony, Variety

☆ Sen. Chris Murphy, who helped broker the failed border security package, says it's 'worrying' that Mitch McConnell couldn't deliver more votes: 'No one is in charge over there'
▼ + stars: | 2024-02-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Chris Murphy said in an interview that "no one" is leading Senate Republicans. "You can't make policy if no one is in charge," Murphy told Politico Magazine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "I just think it's really worrying that the leader of the Republican Party can't deliver more than four votes." But despite the setback, Murphy told the magazine he remained a "hopeless optimist" regarding the upper chamber.

Persons: Sen, Chris Murphy, Murphy, —, Chris Murphy of, GOP Sen, James Lankford of, Independent Sen, Kyrsten, Mitch McConnell's, That's, — Sens, Susan Collins of, Lisa Murkowski, Mitt Romney, Lankford —, McConnell, Donald Trump's, … Organizations: Republicans, Politico Magazine, Democratic, Service, Republican, GOP, Independent, Senate, Democrats, — Locations: Chris Murphy of Connecticut, James Lankford of Oklahoma, Arizona, Susan Collins of Maine, Alaska, Utah

☆ Opinion: Trump asks Supreme Court to pause his trial. It shouldn’t take the bait
▼ + stars: | 2024-02-07 | by ( Joshua A. Douglas | Opinion Joshua A. Douglas | ) edition.cnn.com time to read: +9 min

The Supreme Court should not take the bait. The Supreme Court heard oral arguments on that issue on Thursday.) The Supreme Court should decline the invitation and instead allow the trial to proceed. The only clear path to increase the likelihood of a trial before November would be for the Supreme Court to deny Trump’s stay request. There is nothing for the US Supreme Court to add to the issue.

Persons: Joshua A, Douglas, University of Kentucky J, David Rosenberg, Donald Trump, Trump, Jack Smith, Douglas Mark Cornelison, Mark Cornelison, Trump’s, ” “, ”, ’, “, Douglas Michael Conway, Richard Nixon, Conway, Dahlia Lithwick, Mark Joseph Stern Organizations: University of Kentucky, David Rosenberg College of Law, Voters, Democracy, CNN, DC Circuit, Appeals, DC, Trump, Electoral, Supreme, rehearing, Slate, US, Republican, Twitter Locations: www.joshuaadouglas.com, Colorado

☆ Small-cap stocks are the cheapest they've been since 2000 and are an under-the-radar way to profit from AI, a strategy chief predicts. Here are 5 ways to play their upcoming rally.
▼ + stars: | 2024-01-30 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

A soft landing would greatly boost small caps since they're economically sensitive, meaning they tend to thrive in expansions and fall during contractions. Marcelli also made note of smaller companies' weaker balance sheets, though those are arguably accounted for in valuations. With that said, those positive forces appear to be intact, so small caps could finally break out. Instead of selling AI chips or products, smaller companies can enhance their productivity by using the technology, the strategy chief said. 5 sectors where small caps can thriveWithin small caps, Temple said he's less focused on what sector a company falls into and more concerned with whether that firm is financially healthy.

Persons: haven't, Russell, Marcelli, Ronald Temple, Temple, couldn't, there's, Jack Janasiewicz, Janasiewicz, he's, you've, I'd, they've Organizations: Business, Yahoo Finance, UBS Global Wealth Management, Lazard Asset Management, Temple, Reserve, Savings, Nvidia, Devices, Microsoft

☆ It's a make-or-break week for the stock market. Here's why.
▼ + stars: | 2024-01-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at why this is such a big week for the stock market . The big storyA week to rememberThree trends in the stock market are bound to vault equities higher in 2024, Wall Street strategists say. Getty ImagesWe're less than a month into 2024, but this week could determine the market's trajectory for the rest of the year. Tim Cook AppleThe information overload comes amid an uncertain time for Big Tech and the broader stock market.

Persons: —, Netflix's, it's, Matthew Fox, Jerome Powell's, Tim Cook, Tesla, haven't, we'll, Fundstrat's Tom Lee, Read, Jamie Dimon, Larry Downing, Jennifer Piepszak, Marianne Lake, Troy Rohrbaugh, Jeffrey Gundlach, Buckle, Mohamed El, isn't, Erian, Lyra, Maven, Tyler Le, Liquidators, Max Organizations: Service, Business, Wall, Big Tech, Microsoft, Fed, Apple, Nvidia, Meta, Google, optimist, JPMorgan, DoubleLine, Prime, Comcast, Warner Bros, Lyra Health, Hong, Alaska Airlines Locations: India, Japan, Hong Kong, China, Alaska

☆ A former OpenAI exec says AI could be the last technology humans ever invent
▼ + stars: | 2024-01-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

So now you start compounding the implications on life sciences, and biosciences and it gets really, really exciting. I will say this, I don't think that it is currently popular to espouse an overwhelmingly positive sentiment, because I think it is seen as naive. I think we are so wrapped up in the Terminator Skynet idea, and I just don't think that's even remotely interesting given what we think we're building. I point to nuclear as the best example of how one policy, especially influenced by public perception, can have a really, really incredible consequence on the human experience. I think there is not enough attention paid to the issue of AI versus AI.

Persons: Zack Kass, Kass, Santa Barbara, Sam, Altman, I've, we're Organizations: Artificial Intelligence, biosciences, Artificial General Intelligence Locations: Santa, China

☆ How This Climate Activist Justifies Political Violence
▼ + stars: | 2024-01-14 | by ( David Marchese | ) www.nytimes.com time to read: +12 min

Photo illustration by Bráulio Amado Talk How This Climate Activist Justifies Political ViolenceWith the 2021 publication of his unsettling book, “How to Blow Up a Pipeline,” Andreas Malm established himself as a leading thinker of climate radicalism. I have engaged in as much militant climate activism as I have had access to in my activist communities and contexts. Like I said, I’ve participated in things that I can’t tell you about because they’ve been illegal and they’ve been militant. I can’t tell you what things I have done, but the things that I do and that any other climate activist should be doing cannot be an individual project. This goes for political violence too, unless you’re a pacifist and you reject every form of political violence — that’s a reasonably coherent philosophical position.

Persons: Bráulio Amado, ” Andreas Malm, Malm’s, Wim Carton, Malm, ”, don’t, Andreas Malm’s, you’ve, Let’s, I’ve, they’ve, dint, Putin, Ugo Amez, “ We’re, —, Biden, radicalize, I’m, Jeremy Chan Organizations: New Yorker, The, The New, ExxonMobil, Aramco, Associated Press, White, optimist Locations: Swedish, New, The New Republic, Malmo, Ukraine, France, United States

☆ Williams Syndrome: the Joy and Sadness of Loving Strangers
▼ + stars: | 2023-12-20 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

She's been greeted with hugs from strangers at the biannual convention for people with Williams syndrome, which make her "feel like a rockstar." That's common for those with Williams syndrome, said Mary Van Haneghan, the executive director of the WSA. Online environments can be difficult for people with Williams syndrome to navigate, says Joel Liestman, the director of family support at the WSA. She sees Williams syndrome as a gift and believes everyone could learn more empathy from those with the condition. He has had two relationships with women with Williams syndrome, but in both cases they didn't work out.

Persons: Tobi Akbas, he'd, Tobi, Williams, I've, Jackie Molloy, Terri, he's, Robert Boddie Jr, Boddie, Karen Levine, She's, There's, Haley Gallinger, Daren Bjerke, who's, Devin, John Martinez, Mary Van Haneghan, it's, doesn't, You've, neurotypical, Allie, Joel Liestman, That's, Callie Truelove, I'm, Jocelyn Krebs, Truelove, we're, he'll, we've, Levine, Josh Duffy, He's, Duffy, vlogs, We're, Hayley Cuccinello, Louise Ridley, Kevin Kaplan Organizations: Williams Syndrome Association, Business, Continental Village Fire Department, Tobi, Go, WSA, New York, Louise Ridley Design, Trenton Almgren Locations: Garrison , New York, Santa, Garrison, Peekskill , NY, recliners, Maine, Brunswick , Maine, labrador, New, New York City, Trenton

☆ Opinion | Is South Korea Disappearing?
▼ + stars: | 2023-12-02 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

For some time now, South Korea has been a striking case study in the depopulation problem that hangs over the developed world. Almost all rich countries have seen their birthrates settle below replacement level, but usually that means somewhere in the neighborhood of 1.5 children per woman. For instance in 2021 the United States stood at 1.7, France at 1.8, Italy at 1.3 and Canada at 1.4. It’s worth unpacking what that means. Run the experiment through a second generational turnover, and your original 200-person population falls below 25.

Persons: you’re, Stephen King’s Locations: South Korea, United States, France, Italy, Canada, Europe, America

☆ 'Same as ever:' Lessons on wealth, greed and happiness from Morgan Housel
▼ + stars: | 2023-11-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +13 min

Morgan Housel(Note: Morgan Housel will be on HalfTime Report today at 12:35 PM ET and on ETF Edge at 1:10 PM. To give you an idea of how big that is, a typical financial book will sell roughly 5,000 copies. Now Housel is back with a second book, "Same As Ever: Timeless Lesson on Wealth, Greed and Happiness." Housel cites Charlie Munger, who noted that the world isn't driven by greed, it's driven by envy. Today's economy is good at generating three things: wealth, the ability to show off wealth, and great envy for other people's wealth."

Persons: Morgan Housel, Twain, Bill Gates, Gates, Morgan, Housel, Charlie Munger, Nassim Taleb, Elon Musk, Steve Jobs, Walt Disney, — Organizations: Collaborative Fund, Edge, Lakeside High School, National War Labor Board, Rolex Locations: Seattle, California

☆ Emmett Shear, OpenAI's new interim CEO, shares Sam Altman's worry that AI could destroy all life
▼ + stars: | 2023-11-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Emmett Shear is the new interim CEO of OpenAI after Sam Altman's surprise ouster. AdvertisementEmmett Shear, the man slated to be the new interim CEO of OpenAI, believes artificial intelligence has a very real potential to destroy all life. "That loop will get tighter and tighter and tighter, and faster and faster and faster, until it can fully self-improve itself. There's a 5 to 50% probability that this could actually play out, Shear told Bartlett, though he said there was still "uncertainty" around such estimates. In another interview in September, Shear told podcast host and entrepreneur Shaan Puri that it was his optimism toward AI that made him fear its capabilities.

Persons: Emmett Shear, Sam Altman's, Altman, —, Shear, Logan Bartlett, Bartlett, Shaan Puri, Sam Altman, Shear's, Dall, it's, OpenAI Organizations: Service, Business Insider Locations: There's

☆ A Stability executive quit after saying that generative AI 'exploits creators.' It could spell trouble for AI companies.
▼ + stars: | 2023-11-18 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

He opposed Stability's argument that it should be able to train AI using copyrighted works for free. Generative AI models like ChatGPT and Stable Diffusion are trained using enormous amounts of information scraped from the internet, including art, song lyrics, and books. "To be clear, I'm a supporter of generative AI. The fact that criticisms like Franceschelli's are now being echoed by the people actually building generative AI models suggests that Newton-Rex's resignation could be a defining moment for AI. "I'm sure I'm not the only person inside these generative AI companies who doesn't think the claim of 'fair use' is fair to creators.

Persons: Ed Newton, Rex, —, Newton, I've, Andreessen Horowitz, Giorgio Franceschelli, Franceschelli, it's, Rex's, I'm Organizations: Service, Stability, Meta, Google, Business

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