DIRS.INFO The most relevant business & tech news

☆ Daniel Kahneman, the Nobel Prize winner who wrote Thinking, Fast and Slow, dies aged 90
▼ + stars: | 2024-03-28 | by ( Diksha Madhok | ) edition.cnn.com time to read: +2 min

New Delhi CNN —Daniel Kahneman, who won the Nobel Prize for his pioneering theories on behavioral economics, has died. The Israeli-American psychologist died peacefully on Wednesday, according to a release from Princeton University, whose faculty he had joined in 1993. Kahneman, who also wrote the best-selling book Thinking, Fast and Slow, helped debunk the notion that people’s behavior is driven by rational decision-making, and instead is often based on instinct. Then, at 27, he returned to Hebrew University to teach statistics and psychology and began his famous partnership with Amos Tversky, also a Hebrew University psychology professor. In 2002, six years after Tversky’s death, Kahneman won the Nobel Prize in Economics for their models of how intuitive reasoning is flawed in predictable ways.

Persons: New Delhi CNN — Daniel Kahneman, Kahneman, Danny, Eldar Shafir, ” Kahneman, Amos Tversky Organizations: New, New Delhi CNN, Princeton University, Hebrew University, Royal Swedish Academy of Sciences Locations: New Delhi, American, Tel Aviv, Paris, France, British, Palestine, Israel, Jerusalem, Berkeley

☆ I grew up always wanting to drive my own car. But I'm from the world's most expensive city to live in, and now I know I never will.
▼ + stars: | 2024-01-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +12 min

AdvertisementFor car buyers, the COE is an extra cost that can easily eclipse the actual price of a car. These BMW family cars cost around $103,000 in 2017. COE prices went up to $67,000 that year for lower-end cars, despite more than 13,000 certificates being made available. On Thursday, COE prices for lower-end cars fell to about $48,000, a steep drop that shocked the market. Meanwhile, while unpopular, Singapore's COE prices are working for now.

Persons: —, Mikel Bilbao, Edgar Su, Reuters They've, EDGAR SU, Walter Theseira, Theseira, Singapore's, We've, ROSLAN RAHMAN, we've, Aditya Irawan, it's, they're, Benjamin Loo Organizations: Service, Volvo, Volkswagen, Hyundai, VW, Getty, COE, BMW, Reuters, Toyota Corolla, Singapore University of Social Sciences, ROSLAN RAHMAN Singapore, Yokohama JR Line, The New York Times, Uber, Temasek Holdings, CarTimes, Straits Times Locations: Singapore, European, New York City, Tokyo, Yokohama, New York, Asia, Jakarta, Bangkok, Kuala Lumpur

☆ If You Can't Beat 'em, Impeach 'em
▼ + stars: | 2024-01-12 | by ( Susan Milligan | ) www.usnews.com time to read: +7 min

Republicans want President Joe Biden out of office. And they've taken the clashes to an unprecedented new level: If you can't beat 'em, impeach 'em. "Secretary Mayorkas has brazenly refused to enforce the laws passed by Congress that knowingly made our country less safe. But Justice did not prosecute three other Republicans – White House Chief of Staff Mark Meadows, former DOJ official Jeffrey Clark and former Trump Deputy Chief of Staff Dan Scavino – whom the panel referred for legal action. "They're struggling to come up with the votes to impeach President Biden.

Persons: Joe Biden, Hunter Biden, Biden, Tom Whalen, William Belknap, Ulysses S, Grant, Joshua Matz, Donald Trump, Matz, Kaplan Hecker, Fink, Alejandro Mayorkas –, Mayorkas, Mark Green of, nefariously, Hunter, Nancy Mace, Merrick Garland, James Comer of, Garland, ” Comer, Trump, Steve Bannon, Peter Navarro –, Republicans –, Mark Meadows, Jeffrey Clark, Staff Dan Scavino –, Lloyd Austin, Matt Rosendale, They're, Brad Woodhouse, They'll, Woodhouse, Whalen, Austin, John Kasich, Bill Clinton Organizations: Justice Department, GOP, Boston University, Fink LLP, Homeland, Congress, House Republicans, Republican, Democrat, Department, Republicans, Republicans – White, Trump, Staff, White, Montana Republican, Austin, House, Democratic, Congressional Locations: Washington ,, Mark Green of Tennessee, South Carolina, James Comer of Kentucky, Austin, Montana

☆ Opinion | College Is Undergoing a Revolution. It’s Happening Behind Bars.
▼ + stars: | 2023-11-17 | by ( Max Kenner | ) www.nytimes.com time to read: +3 min

If you’re confused about why Congress would remove education from departments of “correction,” you’re not alone. New York has an extraordinary, diverse network of partnerships that replicates the diversity of college across the state. And, inspired by Catholic mission, Holy Cross College and the University of Notre Dame, Boston College and Villanova have led the way in their red, blue and purple home states. Incarcerated students majoring in history or literature all write original senior theses that are typically 100 pages in length. Pell Grants, which average less than $4,500, never covered the cost even for modest programs.

Persons: Koch, Obama, Donald Trump, you’re, Pell Organizations: RAND Corporation ., College, Soros, Holy Cross College, University of Notre Dame, Boston College, Villanova, Bard, Union, Cambridge, Morehouse, Harvard, Columbia, Yale, Cornell, Georgetown Locations: North Carolina , Ohio, Texas, California, New Jersey, New York, N.Y.U, York

WASHINGTON (AP) — A new batch of Rhodes scholars from the United States has been selected to study at the University of Oxford in a screening process that was conducted in person for the first time since the COVID-19 pandemic swept across the globe in 2020. The scholars, who are among students selected from more than 70 countries, are due to pursue graduate degrees ranging from social sciences and humanities to biological and physical sciences. The U.S. scholars were selected by 16 independent district committees from a pool of more than 2,500 applicants. The sponsorships were created in 1902 by the will of Cecil Rhodes, a founder of the diamond mining and manufacturing company De Beers. The inaugural class entered Oxford in 1903 and the first U.S. Rhodes scholars arrived the next year, according to the website of the trust’s American secretary.

Persons: Rhodes, —, Ramona L, Doyle, Cecil Rhodes Organizations: WASHINGTON, University of Oxford, American, Rhodes, De Beers, Oxford Locations: United States, Puerto Rico, American

☆ As Singapore's aging population grows, businesses are courting older consumers
▼ + stars: | 2023-10-30 | by ( Audrey Wan | ) www.cnbc.com time to read: +7 min

Citizens aged 65 and above make up almost a fifth of Singapore's population in 2023. Nicky Loh | Bloomberg | Getty ImagesSINGAPORE — Singapore's population is aging fast. As the median population age increases, so do opportunities for Singapore businesses providing products and services for seniors. According to Aging Asia's Silver Economy Index 2020, Singapore shows the largest market potential for an aging population among 15 Asia-Pacific countries. Citibank estimates that consumers will likely spend more to treat and support the elderly, driving growth potential for health care and health services.

Persons: Nicky Loh, Kelvin Tan, Janice Chia, Tan, boomers, Vanessa Keng, Keng, —, Ng Li Lian, Ng Organizations: Bloomberg, Getty, SINGAPORE, Citizens, Asia's, Aging, Singapore University of Social Sciences, gerontology, Citibank, Kelvin Tan Singapore University of Social Sciences, Research, Singapore's Ministry of Health Locations: Singapore, Asia, Pacific, Aging Asia, SUSS

☆ Jamie Dimon is right: Economic forecasts have been wrong lately, but that's really nothing new
▼ + stars: | 2023-10-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Win Mcnamee | ReutersForecasters have been really wrong on the economy recently, but it's nothing new: They've always been wrong. — that the economic forecasts of the major Wall Street banks had been "100 percent dead wrong" in the last 18 months. It's true that Covid and the Russian invasion of Ukraine threw off forecasts, but that's beside the point: Wrong forecasts are the norm, not the exception. The Federal Reserve's own research staff studied the Federal Reserve's economic forecasts from 1997 to 2008 and found that the Fed's predictions for economic activity one year out were no better than average benchmark predictions. The Times story notes other factors that threw off recent economic forecasts: the Russian invasion of Ukraine: being too pessimistic on growth prospects, lack of good data on real-time consumer savings.

Persons: Win Mcnamee, Jamie Dimon, —, Dimon, He's, Torsten Slok, Russia hadn't, It's, Philip Tetlock, Covid Organizations: U.S . Federal, Washington , D.C, Reuters, JPMorgan Chase, Future Investment, New York Times, Apollo Global Management, Federal Reserve, New York Stock Exchange, Federal, University of Pennsylvania, Fed Locations: Washington ,, Riyadh, Saudi Arabia, Russia, Ukraine, U.S

☆ China weighs options to blunt U.S. sanctions in a Taiwan conflict
▼ + stars: | 2023-10-20 | by ( Eduardo Baptista | ) www.reuters.com time to read: +10 min

"In the context of intensified Sino-U.S. strategic competition and the Taiwan Strait conflict, we should be wary of the U.S. replicating this financial sanction model against China," wrote Chen Hongxiang, a researcher at a branch of the People's Bank of China (PBOC) in eastern Jiangsu province. Wang and several PBOC researchers wrote in articles that if the U.S. implemented Russia-style sanctions on China, Beijing should freeze U.S. investment and pension funds and seize the assets of U.S. companies. ENERGY AND ALLIANCESBesides financial sanctions, Russia's response to Western pressure on its oil, gas, metals, and chips industry has given food for thought to Chinese researchers. Chinese researchers also suggested Beijing exploit cracks within the European Union and between the U.S. and its allies. "The mutual penetration of the Chinese and American economies will inevitably weaken the willingness to impose financial sanctions," he wrote.

Persons: Thomas Peter, Chen Hongxiang, Xi Jinping, Yu Yongding, Yu, PBOC, Wang Yongli, Wang, Sun, Mou Lingzhi, Xia Fan, Ye Yan, Martin Chorzempa, Chorzempa, Chen, Eduardo Baptista, David Crawshaw Organizations: REUTERS, Rights, U.S, Moscow, China, People's Bank of China, Reuters, Senior U.S, People's Liberation Army, China National Knowledge Infrastructure, China International Futures, U.S ., China Center for International Economic, Shanghai Academy of Social Sciences, China Minmetals Corporation, London Metals Exchange, Oil and Gas Exploration, Development Company, European Union, Peterson Institute for International Economics, EU, Thomson Locations: Fuzhou, Taiwan, Matsu, China, Rights BEIJING, Russia, Ukraine, Jiangsu, Beijing, Russian, U.S, Hainan, Washington, United States

OVIEDO, Spain (AP) — American actor Meryl Streep on Friday received Spain’s prestigious Princess of Asturias Arts Award at a ceremony presided over by the Spanish royal family in the northern city of Oviedo. “Empathy may be a radical form of outreach and diplomacy useful in other theaters of endeavor” she said. Others honored at the ceremony were bestselling Japanese author Haruki Murakami, who won the literature prize and U.S. biologists Jeffrey Gordon, Peter Greenberg and Bonnie Bassler, who received the scientific and technical research prize. Sports award winner, Kenyan marathon legend Eliud Kipchoge, said in a speech that running for him was much more than a physical exercise. “We must make our world a running world, because a running world is a happy world.

Persons: Meryl Streep, Streep, “, Haruki Murakami, Jeffrey Gordon, Peter Greenberg, Bonnie Bassler, Gordon, Hélène Carrère d’Encausse, Nuccio Ordine, Eliud Kipchoge, ”, Joan Miró, Princess Leonor, _____ Ciarán Giles Organizations: Asturias Arts, Diseases, Sports, Kenyan Locations: OVIEDO, Spain, American, Oviedo, Scottish, Spanish Catalan, Madrid

☆ Opinion | Hamas and the Moral Failure of Our Institutions of Higher Learning
▼ + stars: | 2023-10-17 | by ( Ezekiel J. Emanuel | ) www.nytimes.com time to read: +2 min

But ethics classes alone are insufficient to help students develop a clear moral compass so that they can rise above ideological catchphrases and wrestle intelligently with moral dilemmas. Instead, colleges and universities need to be more self-critical and rethink what it means for students to be educated. At the same time, academia has become more hesitant: We often avoid challenging our students, avoid putting hard questions to them, avoid forcing them to articulate and justify their opinions. This flies in the face of what a “liberal education” should be. Liberal education should be built around honing critical thinking skills and moral and logical reasoning so students can emerge as engaged citizens.

Persons: Georgetown —, ” M.I.T, “, ” Organizations: Georgetown, Liberal, The American Association of Colleges, Universities

☆ While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
▼ + stars: | 2023-10-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

The logo of generative AI chatbot ChatGPT, which is owned by Microsoft-backed company OpenAI. Generative AI, which enables AI algorithms to generate humanlike, realistic text and images in response to textual prompts, is trained on vast quantities of data. Job postings on LinkedIn that mention either AI or generative AI more than doubled globally between July 2021 and July 2023, according to the jobs and networking platform. Mesh AI, a digital transformation-focused consulting firm, says that human feedback can help AI models learn mistakes they make through trial and error. WATCH: Adobe CEO on new AI models, monetizing Firefly and new growth

Persons: Morgan Stanley, Phelim Bradley, Bradley, ethicists, —, Hume, Alan Cowen, Hume's, there's, Michael Chalmers Organizations: Microsoft, Future Publishing, Meta, Google, University of Oxford and University College London, CNBC, Oxford Science Enterprises

☆ Security raid on Chinese academic fuels concern over Australia-China exchanges
▼ + stars: | 2023-09-11 | by ( Kirsty Needham | ) www.reuters.com time to read: +3 min

The Chinese academic, who specialises in foreign affairs research at a Beijing university, had visited universities in three Australian states in July and August. The Guardian first reported on Monday that the man had his accommodation raided and his laptop taken by the Australian Security Intelligence Organisation and Australian Federal Police in Perth, and was told his visa was being assessed for security reasons. A high-level dialogue between Chinese and Australian academic, industry and media delegations resumed in Beijing on Thursday after a four-year halt. It included a Chinese scholar who had his Australian visa revoked in 2020 by ASIO, amid concern over foreign interference in politics. "Any Chinese academic with an interest in relations with Australia would surely be re-assessing travel plans fearing the same thing could happen to them.

Persons: Florence Lo, Anthony Albanese, James Laurenceson, Greg McCarthy, McCarthy, Albanese, Kirsty Needham, Christina Fincher Organizations: REUTERS, Rights, Guardian, Australian Security Intelligence Organisation, Australian Federal Police, Reuters, ASIO, China Relations Institute, University of Technology, University of Adelaide, Peking University, The Australian Federal Police, Thomson Locations: Australia, China, Western Australia, Beijing, Perth, Sydney, Canberra

☆ Invasive species cost the world $423 billion every year and are causing environmental chaos, UN report finds
▼ + stars: | 2023-09-05 | by ( Helen Regan | ) edition.cnn.com time to read: +13 min

Scroll through the gallery to see more of the planet's most problematic invasive species. Sarefo / Wikimedia Commons In pictures: Invasive species around the world Prev Next‘Prevention, prevention, prevention’Along with invasive species, other key drivers of biodiversity loss include destruction of land and sea habitats, exploitation of organisms, climate change and pollution. As well as flammable invasive plants sparking and spreading wildfires, climate change is enabling invasive species to move north – even to remote areas such as high mountains, deserts and frozen tundra. Preventing the arrival of new species into new regions is the best way to manage threats from invasive species, according to the report. For invasive species that have already taken hold, eradication has been a useful tool, especially on islands, according to the report.

Persons: ”, Helen Roy, ” Roy, David Gray, Peter Stoett, Anibal Pauchard, Ian Hitchcock, Starling, MENAHEM KAHANA, Phil Mislinski, Jeff J Mitchell, SANJAY KANOJIA, MUNIR UZ ZAMAN, ” Stoett, Stoett, –, ” Pauchard Organizations: CNN, United Nations, UN, Services, billabong, Nile Virus, Ontario Tech University, Chile’s Institute of Ecology, Pacific, World Wildlife Fund, US Department of Agriculture, USA, Studies, New Zealand Government, European, Starlings, AFP, Getty, North, Wikimedia Locations: Darwin, Australia, Africa, Caribbean, Guam, North America, Hawaii, Maui, Antarctica, Pacific, North, South America, Azov, China, Japan, Europe, Bermuda, New Zealand, New York, USA, Australasia, South Africa, United States, AFP, East Africa, Western Asia, Americas, Kenya, India, Puerto Rico, Kunming, Montreal

☆ The ‘Neutral’ Interest Rate, R-Star, and Other Difficult Economic Numbers - The New York Times
▼ + stars: | 2023-08-25 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

Yet even though economics lends itself to number-crunching, getting or even defining the numbers we crunch can be problematic. In particular, the Fed would very much like to know how high it needs to keep the interest rate — or more precisely, the interest rate minus expected inflation — to avoid overheating the economy and reigniting inflation. This “natural rate of interest,” a term invented in 1898 by the Swedish economist Knut Wicksell, is often referred to as r* or r-star. Back in 1968, Milton Friedman, in a deliberate echo of Wicksell, argued that there is also a “natural” rate of unemployment consistent with stable inflation. Since referring to any level of unemployment as natural raises some people’s hackles, this is often referred to as the NAIRU, for non-accelerating inflation rate of unemployment — and often denoted as, you guessed it, u*.

Persons: —, John Maynard Keynes, Victoria, Queen Elizabeth —, don’t, Knut Wicksell, Milton Friedman Locations: Swedish

☆ A Happiness That Took 90 Years to Achieve
▼ + stars: | 2023-08-11 | by ( Tammy Lagorce | ) www.nytimes.com time to read: +1 min

“He was in the choir, and I was in the pews,” Mr. Felts said. Mr. Jones was able to square his sexuality with church doctrine; Mr. Felts was not. He never said goodbye to Mr. Jones, though Mr. Felts was sure by then he was the love of his life. Over the years, Mr. Felts would intermittently search for Mr. Jones in every California phone book he could get his hands on. “I called every Phillip Jones and every P. Jones I could find,” he said.

Persons: don’t, ”, Phillip Jones, Felts, Mr, Jones, “ Organizations: Navy, University of Kansas, of, Dodge Locations: Long Beach, Calif, California, Dodge City

"The situation is already very bad for dollar-based funds to invest in China's tech sector. There isn't much room for things to get worse," said Beijing-based China Growth Capital partner Wayne Shiong. Biden's move will likely make China-focussed venture capital firms feel more urgency to raise yuan funds from Chinese investors, he said. In response to Biden's executive order, China's commerce ministry said it was "gravely concerned" and reserved the right to take countermeasures. But the executive order is barely going to do anything, and China escalating would risk turning a molehill into a mountain."

Persons: Florence Lo, Joe Biden's, Donald Trump, Weiheng Chen, Wilson Sonsini, Biden, Chen, Wayne Shiong, Biden's, Yuan, Pan, Trump, Derek Scissors, Kane Wu, Michael Martina, Roxanne Liu, Ziyi Tang, Yantoultra, Sumeet Chatterjee, William Mallard Organizations: REUTERS, U.S, Reuters Graphics Reuters, China Growth Capital, Chinese Academy of Social Sciences, TECH, Hua Hong Semiconductor, Analysts, American Enterprise Institute, Thomson Locations: China, U.S, HONG KONG, WASHINGTON, Beijing, Washington, Shanghai, Hong Kong, Singapore, Bengaluru

Critics say the move is a part of a sustained effort to indoctrinate school children and stifle any independent thinking. Russian President Vladimir Putin has always maintained that Moscow’s unprovoked aggression against Ukraine is an effort to liberate the country from a “Nazi regime” and Western influence. No critical thinking allowedMany countries introduce school children to patriotic ideas and civic values. According to independent human rights monitor OVD-Info, there have been almost 20,000 people detained for protesting against the war in Russia. This complete crackdown on freedom of speech means there isn’t a force in Russia that can counteract school propaganda.

Persons: Vladimir Putin, Sergey Kravtsov, ” Kravtsov, Katerina Tertytchnaya, “ There’s, ”, Putin, Yuri Kadobnov, Sergey Lavrov, Kirill, ” Ian Garner, ” Tertytchnaya, ” Garner, Garner Organizations: CNN, country’s Ministry of Education, Nazi, Russian, Russian Federation, RIA Novosti, University College London, Ministry of Education, Schools, Getty, Kremlin, University of Chicago’s, Political, Students Locations: Russia, Ukraine, Crimea, Moscow, AFP, Russian, France, Russians, China

☆ Scientists decode an ancient curry recipe
▼ + stars: | 2023-07-25 | by ( Katie Hunt | ) edition.cnn.com time to read: +4 min

The sandstone slab, buried 2 meters (6.5 feet) below the surface, was dug up in 2018 at the Oc Eo archaeological complex in southern Vietnam. The site was once an overseas trading hub of an ancient Southeast Asian kingdom known as Funan, according to a new study of the substances found on the slab. The findings offer clues to how curry — and the people who made it — migrated to Southeast Asia. “Nowadays, preparing curry in Vietnam has become much simpler for most families due to the widespread availability of curry powder in supermarkets. Nguyen added that the team planned to recreate the 2,000-year-old curry based on the ingredients found at the site.

Persons: ”, . Hsiao, chun Hung, ” Hung, Hung, Khanh Trung Kien, Khanh Trung Kien Nguyen, Nguyen Organizations: CNN, Australian National University, Center for Archaeology, Southern Institute of Social Sciences, Oc Eo, Eo Locations: Vietnam, Canberra, India, Southeast Asia, Ho Chi Minh City, South, Cambodia, South Asia

☆ Anthropocene: Scientists say they’ve found a site that marks a new chapter in Earth’s history
▼ + stars: | 2023-07-11 | by ( Katie Hunt | ) edition.cnn.com time to read: +11 min

CNN —Scientists have identified the geological site that they say best reflects a proposed new epoch called the Anthropocene — a major step toward changing the official timeline of Earth’s history. “We’ve moved into this new Earth state and that should be defined by a new geological epoch,” Waters added. On Tuesday, the scientists announced the geological site — Crawford Lake in Ontario, Canada — that best captures the geological impact of the Anthropocene, according to their research. Annual sediment samples from the Crawford Lake site have revealed geochemical traces of nuclear bomb testing, researchers have confirmed. The alpha spectrometry output shown on the screen indicates the presence of plutonium in a Crawford Lake drill core sample.

Persons: ”, Colin Waters, “ We’ve, Waters, eon, James St, Andrew Knoll, “, ” Knoll, Crawford, AWG, Crawford Lake, Francine McCarthy, Andrew Cundy, Stan Finney, it’s, Paul Crutzen —, Finney, It’s, stratigraphers, ” Waters, they’re, Andrew Mathews, We’ve, ’ ” Organizations: CNN —, Environment School, University of Leicester, Geologists, Wales, Harvard University, University, Southampton, Brock University, UK’s University of Southampton, International, International Union of Geological Sciences, Geological Congress, California State University, University of Southampton “, University of California Locations: Crawford Lake, Ontario, Canada, Flinders, South Australia, Jura, Crawford, Southampton Crawford, Sudeten, Lake, California, Baltic, Japan, China, Australia, Gulf of Mexico, Busan, South Korea, Long, Santa Cruz

☆ Opinion: The Supreme Court rewrites American society once again
▼ + stars: | 2023-06-30 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +25 min

But learning the facts - that affirmative action is critical for fostering equal access and opportunity in our academic institutions -cemented my belief that affirmative action is necessary if we want to create an equitable nation. The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. Jon Wang, who revealed himself as a plaintiff in this Supreme Court case, was rejected by Harvard but was accepted at and is now attending Georgia Tech. Affirmative action enabled my ability to experience different ways of thinking and to form the lasting friendships I have made. Affirmative action has been a tool used by many countries to ensure underrepresented communities are included in areas they normally are not.

Persons: who’d, Tan, ”, Ana Fernandez, Richard Kahlenberg, Peniel Joseph, Peniel Joseph Kelvin Ma, Kelvin Ma, retrenchment, Bakke, Shelby, Holder, John F, Barry Goldwater, Richard Nixon, Ronald Reagan, Peniel, Joseph, Barbara Jordan, “, ” Lanhee Chen, Bollinger, Sandra Day O’Connor, Lanhee Chen Lanhee J . Chen, J, Chen, David, Diane Steffy, Romney, Ryan, Roxanne Jones, Andrew Johnson, Jones, WURD, Richard Sander, –, Richard Sander Fiona Harrison, Jeff Yang, Ed Blum’s, Jon Wang, Michael Wang, Williams, Jian Li, Bruce, Hudson Yang, Natasha Warikoo, Ketanji Brown Jackson, ” Natasha Warikoo Alonso Nichols, John Roberts, Brayden Rothe, Biden, can’t, Joe Biden, Brayden Rothe Patrick O'Leary, Pell Organizations: CNN, Fellows of Harvard College, Harvard, Harvard College, Cuban, American Council, Education, Wellesley College, Renaissance Studies, Black, Tufts University, Blacks, Ivy League, Federalist Society, John Birch Society, Trump, Democratic Party, GOP, Center, LBJ School of Public Affairs, University of Texas, Racial Justice, University of North, University of North Carolina Chapel, Public Policy, Hoover Institution, California State, Republican, Democratic, White, Fair, Supreme, ESPN The Magazine, ESPN, New York Daily News, Philadelphia Inquirer, The University of California, UCLA, University of California, UC, Georgia Tech, Department of Education, Princeton, Yale, Stanford, Princeton University, Institute for, Digital Intelligence, Harvard University, College, Social Sciences, of Sociology, Equity, University of Minnesota Locations: today’s, Philippines, Taiwan, Los Angeles, Portland, White, American, United States, West Linn , Oregon, Cuban American, Miami, Havana, Cuba, Miami , Florida, America, Austin, University of North Carolina, California, lockstep, Berkeley, Asian America, Florida, Texas

☆ People are more likely to believe AI-generated tweets than ones written by humans, study finds
▼ + stars: | 2023-06-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

People may be more susceptible to misinformation if it's written by AI, a study has found. The study found respondents couldn't tell the difference between tweets created by GPT-3 and humans. People may be more susceptible to misinformation if it's written by AI, a study has found. Not only could the majority of participants not tell the real tweets from the ones generated by AI, but they generally found the AI's tweets more convincing. They then asked respondents to identify if the tweets were true or false, which participants had an easier time doing with the AI-generated ones.

Persons: OpenAI, ChatGPT Locations: Australia, Canada, Ireland

☆ Opinion | Do Not Panic. It’s Just a Moral Panic.
▼ + stars: | 2023-06-29 | by ( Pamela Paul | ) www.nytimes.com time to read: +2 min

Not to freak you out, but you may be in the middle of a moral panic. A moral panic is the pervasive belief that some great wickedness is threatening society and must be stopped. According to the panic police, if you are worried about children and social media, you are succumbing to moral panic. If you’re troubled about your employees ruining the corporate brand on TikTok, that’s right: moral panic. Trepidations about artificial intelligence, crime, teenage Juul use, policing, gender ideology, privacy, self-driving cars, feminism, A.D.H.D., racism — moral panics, all.

Persons: Nachman Ben, Yehuda, Erich Goode, ” Ben Organizations: Hebrew University Locations: Jerusalem

Most economists expect another modest 10 bps LPR cut in the second half - on top of a 25 bps cut in banks' requirement ratio (RRR). The PROC last cut the RRR - the amount of cash that banks must hold as reserves -- in March, by 25 bps. Each 5 basis points LPR cut could reduce pre-tax profits of major banks by as much as 1.8%, China Merchants Securities said in a report. "A small rate cut is a useful painkiller for symptoms but cannot alleviate the real problem," said Gary Ng, Asia Pacific senior economist of Natixis. On Friday, China's cabinet discussed policy measures to support the economy.

Persons: COVID, NIM, Wang Yifeng, Wang, Gary Ng, China's, Zhang Ming, Zhang, Morgan Stanley, Kevin Yao, Ziyi Tang, Kripa Jayaram, Sumeet Chatterjee Organizations: People's Bank of China, Reuters, Everbright Securities, China Merchants Securities, Asia Pacific, stoke, Chinese Academy of Social Sciences, Thomson Locations: China, BEIJING, Beijing, Asia

☆ China may cut rates further in H2, government researcher says
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

BEIJING, June 6 (Reuters) - China will likely further cut banks' reserve ratio and interest rates in the second half of this year to support the economy, the China Securities Journal reported on Tuesday, citing policy advisors and economists. China's economy rebounded faster than expected in the first quarter but lost momentum at the beginning of the second. Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tank, told the state newspaper that low inflationary pressures in China will provide room for monetary easing. China can consider further rate cuts and target the reserve requirement ratio (RRR) cuts to lower lending costs, said Zhang. Li Chao, chief economist at Zheshang Securities, also expects potential rate cuts and RRR cuts in the second half of this year, the report said.

Persons: Zhang Ming, Zhang, Li Chao, Ziyi Tang, Ryan Woo, Shri Navaratnam Organizations: China Securities, Chinese Academy of Social Sciences, Zheshang Securities, U.S . Federal Reserve, United, Thomson Locations: BEIJING, China, Beijing, United States

For now, tech companies seem to view both trust and safety and AI ethics as cost centers. That included all but one member of the company's 17-person AI ethics team, according to Rumman Chowdhury, who served as director of Twitter's machine learning ethics, transparency and accountability team. Chowdhury referenced an initiative in July 2021, when Twitter's AI ethics team led what was billed as the industry's first-ever algorithmic bias bounty competition. Still, sources familiar with the matter said that following the layoffs, the company has fewer people working on misinformation issues. watch nowFor those who've gained expertise in AI ethics, trust and safety and related content moderation, the employment picture looks grim.

Search resuls for: "Social Sciences"

25 mentions found