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☆ Democrats Discover the Age Issue
▼ + stars: | 2023-04-14 | by ( Kimberley A. Strassel | ) www.wsj.com time to read: +1 min

Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.

☆ Opinion: Why Biden is lying low ahead of 2024
▼ + stars: | 2023-04-14 | by ( Julian Zelizer | ) edition.cnn.com time to read: +6 min

Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. But when the ensuing conversation doesn’t go his way, he unleashes on them, declaring, “You are not serious figures. I love you, but you are not serious people.”The line is powerful — and may just capture the way President Joe Biden and Vice President Kamala Harris are approaching the declared and expected GOP candidates ahead of the 2024 campaign. Among the GOP candidates, former President Donald Trump was the first to announce his campaign five months ago. Biden might be boring and fly under the radar much of the time, but that is the image of normality that helped him win in 2020.

☆ First photo of a black hole resembles 'skinny' doughnut
▼ + stars: | 2023-04-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —The first photo ever taken of a black hole looks a little sharper now. The central region is darker and larger, surrounded by a bright ring as hot gas falls into the black hole in the new image. The Event Horizon Telescope Collaboration, called EHT, is a global network of telescopes that captured the first photograph of a black hole. Computers using PRIMO analyzed more than 30,000 high-resolution simulated images of black holes to pick out common structural details. But if heated materials in the form of plasma surround the black hole and emit light, the event horizon could be visible.

☆ Scientists unveil new and improved 'skinny donut' black hole image
▼ + stars: | 2023-04-13 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

WASHINGTON, April 13 (Reuters) - The 2019 release of the first image of a black hole was hailed as a significant scientific achievement. There is also a larger "brightness depression" at the center - basically the donut hole - caused by light and other matter disappearing into the black hole. This supermassive black hole resides in a galaxy called Messier 87, or M87, about 54 million light-years from Earth. The M87 black hole image stems from data collected by seven radio telescopes at five locations on Earth that essentially create a planet-sized observational dish. "The image we report in the new paper is the most accurate representation of the black hole image that we can obtain with our globe-wide telescope."

☆ That Famous Black Hole Just Got Even Darker
▼ + stars: | 2023-04-13 | by ( Dennis Overbye | ) www.nytimes.com time to read: +1 min

Four years ago, astronomers released the first ever image of a black hole: a reddish, puffy doughnut of light surrounding an empty, dark hole in the center of the giant galaxy M87, which lies 55 million light-years away in the constellation Virgo. The image made visible what astronomers, and the rest of us, had only been able to imagine: a celestial entity so massive that its gravity warped space-time, drawing matter, energy and even light into its bottomless vortex. The image was released on April 10, 2019, by an astronomy squad called the Event Horizon Telescope, so named for the boundary of no return around a black hole. The new image, they say, will sharpen constraints on how well the black hole in M87 fits with Einstein’s general theory of relativity, which first predicted the existence of black holes. Dr. Medeiros and her colleagues published the new image on Thursday in Astrophysical Journal Letters.

☆ Union Hotel Workers in New York Suburbs Score Biggest Pay Raise in 100 Years
▼ + stars: | 2023-04-10 | by ( Kate King | ) www.wsj.com time to read: 1 min

Members of the Hotel and Gaming Trades Council union react to details of the new contract. A New York hotel union has reached a deal with hotel owners and operators that will boost the wages of hospitality workers by $7.50 an hour, the largest increase in the union’s 100-year history. The agreement covers 7,000 members of the Hotel and Gaming Trades Council who work at 87 suburban hotels spanning from Princeton, N.J., to New York’s Albany region and Long Island. The five-year pact has already been ratified by the employers and is expected to be ratified by workers this month, according to union President Rich Maroko .

☆ Ouster of Black TN lawmakers 'deeply anti-democratic' -analyst
▼ + stars: | 2023-04-10 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsOuster of Black TN lawmakers 'deeply anti-democratic' -analystPostedImani Perry, Professor of African American Studies at Princeton University, says the expulsion of two Black Tennessee lawmakers from the state House of Representatives sets a dangerous political precedent in states where Republicans hold overwhelming majorities in the legislatures.

☆ The GOP’s Abortion Flop
▼ + stars: | 2023-04-07 | by ( Kimberley A. Strassel | ) www.wsj.com time to read: +1 min

☆ Top 10 colleges to attend if you want to make a lot of money—Harvard and Yale didn't make the list
▼ + stars: | 2023-04-06 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

Former Caltech attendees earn a median income of $112,166 a decade after starting school, making them the highest earners among the nearly 900 colleges ranked. California Institute of Technology Median income 10 years after attendance: $112,166Median debt among graduates: $17,747 2. Massachusetts Institute of Technology Median income 10 years after attendance: $111,222Median debt among graduates: $13,418 3. Stevens Institute of Technology Median income 10 years after attendance: $98,159Median debt among graduates: $27,000 8. Princeton University Median income 10 years after attendance: $95,689Median debt among graduates: $10,450 It shouldn't be too surprising to see several technical colleges make the list.

Launched in February 2022, the FTX Future Fund was part of the FTX Foundation, the philanthropic arm of Sam Bankman-Fried's crypto empire which fell apart last year, in what U.S. prosecutors called an "epic" fraud. Representatives for FTX also declined to comment and declined to say whether the FTX Foundation is included in the bankruptcy proceedings. The FTX Future Fund supported research into topics that "improve humanity's long-term prospects" and was funded primarily by Bankman-Fried, according to a profile of its activities published on Twitter. FTX's statement did not reference the FTX Future Fund specifically. One FTX Future Fund beneficiary in the U.S., who asked not to be named, said they received a grant of more than $150,000.

☆ Legal and finance jobs are among the most at risk from AI, while construction and trade jobs face minimal influence, studies suggest
▼ + stars: | 2023-04-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

While the studies predicted advances in AI tech could also improve labor productivity and create jobs, they said some industries would likely be more affected than others. The researchers used a benchmark that matched specific work tasks with AI capabilities to calculate the results. They estimated that about 46% of work tasks in the sector could be automated. FinanceBanks are already incorporating AI tech into their day-to-day business operations. The Goldman researchers estimated that about 29% of computing and mathematical tasks in the US and Europe could be automated.

☆ No Ivy League degree? No problem: This Wall Street vet climbed his way up the ranks of Goldman Sachs after graduating from SUNY Albany
▼ + stars: | 2023-04-03 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +13 min

Ask anyone on Wall Street and they will tell you that Goldman Sachs is one of the top places to build a career as an investment banker. In an effort to diversify recruiting sources and its workforce, Wall Street generally has been expanding the schools from which it recruits. Still, Alfieri's experience can still prove valuable to today's Wall Street hopefuls. There he met Vincent Cisternino, who also had dreams of working on Wall Street. Having started his career during the financial crisis, his advice to today's Wall Street upstarts is to stay positive and persevere.

☆ Why some college professors are adopting ChatGPT AI as quickly as students
▼ + stars: | 2023-04-02 | by ( Carolyn Chun | Kevin Travers | ) www.cnbc.com time to read: +3 min

In an analysis of professions "most exposed" to the latest advances in large language models like ChatGPT, eight of the top 10 are teaching positions. Post-secondary teachers in English language and literature, foreign language, and history topped the list among educators. Jobs most 'exposed' to generative AI Rank Profession 1 Telemarketers 2 English Language and Literature Teachers, Postsecondary 3 Foreign Language and Literature Teachers, Postsecondary 4 History Teachers, Postsecondary 5 Law Teachers, Postsecondary 6 Philosophy and Religion Teachers, Postsecondary 7 Sociology Teachers, Postsecondary 8 Political Science Teachers, Postsecondary 9 Criminal Justice and Law Enforcement Teachers, Postsecondary 10 SociologistsSource: "How will Language Modelers like ChatGPT Affect Occupations and Industries?" But affected jobs – or as the study officially describes it, jobs most "exposed to AI" – does not necessarily mean the human positions will be replaced. And for topics that are very dense, "ChatGPT can even help educators translate some of those lessons or takeaways in simpler language," he said.

☆ Republicans defend Trump by attacking criminal-justice system
▼ + stars: | 2023-04-01 | by ( David Morgan | ) www.reuters.com time to read: +6 min

Critics warn that the present partisan rhetoric could shake public trust in courts by undermining the institutional legitimacy of the criminal justice system. "Undercutting the system of government is a serious matter and a threat to our future," she said in an interview. Bragg, a Democrat, on Friday warned Republican Representatives Jim Jordan, James Comer and Bryan Steil, who are leading the probe, against attacking the criminal justice system. Historians including Princeton University professor Julian Zelizer said Republican statements about Bragg and the criminal justice system follow a long-established partisan line. Nicole Hemmer, director of the Rogers Center for the American Presidency at Vanderbilt University, warned that Republican attacks on the U.S. criminal justice system could ultimately have dire consequences for courts and juries.

☆ On 'Ivy Day,' college hopefuls hear from Harvard, Princeton — but here's the school more students want to attend
▼ + stars: | 2023-03-30 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowMarch 30 is "Ivy Day," when many Ivy League schools release those long-awaited admissions decisions. The colleges that ranked the highest on students' wish lists are "perennial favorites," according to Robert Franek, The Princeton Review's editor-in-chief. They are also among the most competitive: MIT's acceptance rate is just under 4%; at Harvard, it's about 3%. Coming out of the pandemic, a small group of universities, including many in the Ivy League, have experienced a record-breaking increase in applications this season, according to a report by the Common Application. The report found application volume jumped 30% since the 2019-20 school year, even as enrollment has slumped nationwide.

☆ A 27-year-old professional athlete landed a gig at Benchmark. Here's how she's balancing a Nike sponsorship, elite running, and working at the VC powerhouse.
▼ + stars: | 2023-03-29 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +9 min

Vanessa Fraser is a professional runner sponsored by Nike. As a professional runner for Nike, she's stared down American records, competed at national championships, and raced to make Olympic teams. These days, she's bringing that intensity off the track and into the world of venture capital. So when the call came from a recruiter working with Benchmark, Fraser was open to listening. In some ways, stepping back from full-time professional running and adding variety to her days have made Fraser an even better athlete, she said.

☆ Elon Musk's self-driving car project is on a road to nowhere
▼ + stars: | 2023-03-29 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

Elon Musk has made developing autonomous driving technology one of Tesla's fundamental goals. "Today it's financially insane to buy anything other than a Tesla," Musk said at an event touting the carmaker's autonomous-vehicle development in 2019. That revolutionary software update never came, and by 2022 the goalpost for bringing self-driving cars to the masses had shifted to 2023. Full Self-Driving is far from actually being self-driving, some sayDespite its branding, Tesla's Full Self-Driving Beta currently requires total driver supervision, just like cruise control or smarter features like Autopilot. Likewise, McGehee says self-driving cars need a combination of overlapping sensors — whether that's cameras, radar, lidar, or ultrasonic sensors — to move through the world safely.

☆ AI systems like ChatGPT could impact 300 million full-time jobs worldwide, with administrative and legal roles some of the most at risk, Goldman Sachs report says
▼ + stars: | 2023-03-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Generative AI could lead to "significant disruption" in the labor market, says Goldman Sachs. Researchers at the company estimated that the new tech could impact 300 million full-time jobs. AI systems could also boost global labor productivity and create new jobs, according to the report. The Goldman report highlighted US legal workers and administrative staff as particularly at risk from the new tech. Goldman's report suggested that if generative AI is widely implemented, it could lead to significant labor cost savings and new job creation.

CNBC: You were the first Hispanic woman to serve on one of the top five Fortune 100 corporate boards, but as of 2022, corporate boards continue to remain majority white and male. What do you see as the biggest obstacle to diversifying corporate boards? Ford director Kimberly Casiano was the first Hispanic woman to serve on a Fortune 100 top five corporate board. I also believe entrepreneurs, who have much more limited resources and leverage than major corporations, are better at compromise and subtle persuasion. Casiano: It is important to remember that gender diversity on corporate boards came years before ethnic diversity started to show its head.

☆ Would a $100,000 salary make you happy? Here's when more money doesn't mean more joy
▼ + stars: | 2023-03-28 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

While money certainly helps bring joy and satisfaction to your life, it won't have the same impact on everyone. The researchers first set out to determine why one study showed a happiness plateau while the other did not. For the new study, the researchers decided to look at incomes above or below $100,000 as a starting point. Since Killingsworth's study categorized that salary in the $90,000 to $100,000 range, they decided to simply look at incomes above or below $100,000. An "unhappy minority" revealed itself, however, as the researchers found the most explicit happiness plateau among the least happy 15 to 20% of people.

☆ Why Corporate America has grown silent on gun violence
▼ + stars: | 2023-03-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Their efforts to curb gun violence have run into fierce pushback from Republican lawmakers that oppose both gun restrictions and corporations taking on social roles. Gun safety advocates say businesses have a civic responsibility to keep their customers and employees safe from gun violence. “Whether you’re a business that works directly with gun manufacturers, sells guns or are a grocery store, gun violence comes to your front door,” he said. “I’m not arguing they need to solve the social issue of gun violence,” Volksy said. “I am arguing they have a business incentive to solve for the cost of gun violence.”

☆ The story behind Einstein's most iconic photo and how it was almost lost to history
▼ + stars: | 2023-03-25 | by ( Mike Rucker | ) www.businessinsider.com time to read: +3 min

Albert Einstein's most iconic photo of him sticking out his tongue was almost lost to history. Author Mike Rucker explains how Einstein's fun and curious nature played to his greatness. The photo was taken by Arthur Sasse, on March 14, 1951, Einstein's 72nd birthday. Einstein rarely let others get in the way of his fun. According to Walter Isaacson's biography, "Einstein: His Life and Universe," the personality traits that contributed most to Einstein's greatness were curiosity and nonconformism.

☆ Terrorism experts say Trump's 'dangerous' rhetoric offers his extreme followers 'an excuse' for violence if he's indicted
▼ + stars: | 2023-03-24 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +7 min

Experts on political violence are alarmed by Trump's latest rhetoric as he faces a possible indictment. They warn that Trump's words could trigger riots or assassinations. He has viciously attacked figures like Manhattan District Attorney Alvin Bragg and mocked calls for peaceful protests — leading extremism experts to warn of the potential for political violence. In one of his latest posts to Truth Social, Trump's social media platform, the former president threatened "death and destruction" if he's indicted. A number of those arrested over the insurrection have said that Trump's words drove their behavior.

☆ Princeton Owes Its March Madness Run to…Yale?
▼ + stars: | 2023-03-23 | by ( Andrew Beaton | ) www.wsj.com time to read: 1 min

Princeton guard Blake Peters stewed alone outside the Dinky Bar & Kitchen last month while his father waited 20 minutes for a table. He was miserable and it was hard to blame him: Princeton had just suffered one of the most statistically improbable defeats of the entire college basketball season. “Blake wasn’t in any kind of mood to talk,” said Ashley Peters, his father.

☆ Cloud of uncertainty around banks is the case for a pause, says Princeton's Alan Blinder
▼ + stars: | 2023-03-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCloud of uncertainty around banks is the case for a pause, says Princeton's Alan BlinderFormer Fed Vice Chair Alan Blinder joins 'Closing Bell: Overtime' to discuss the Fed's decision and why he believes raising rates 25 bps was a mistake.

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