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Search resuls for: "University of Pennsylvania's Wharton School"


21 mentions found


☆ Wharton professor who gave ChatGPT an MBA-level exam says AI will be an 'amazing tool' for education
  + stars: | 2023-02-05 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +3 min
ChatGPT passed an exam from a Wharton business school professor, performing at a B or B- level. The professor who administered the exam told Bloomberg he was impressed by the AI's concise, correct answers. Terwiesch told Bloomberg he was impressed by the technology, as the bot performed higher than average, producing B or B-minus level results. Terwiesch told Bloomberg he understands the concerns that many people have about the technology and discourages students from using ChatGPT to cheat. "We use exams or tests for the students to engage with some material," Terwiesch told Bloomberg.
☆ The era of health insurance disruptors is over
  + stars: | 2023-02-02 | by ( ) www.businessinsider.com   time to read: +10 min
Today, they're mostly the poster children of just how challenging it is to break into the insurance industry. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderOscar, founded in 2012, and Bright, in 2015, set out to sell health plans to people buying coverage through the Affordable Care Act marketplace. Elevance Health, the parent company of Anthem health plans, is No. Health insurance remains overly complex and mind-numbingly frustrating. Established health insurers haven't been able to stem the rise in health costs, which are mostly determined by the prices for medical care.
☆ Great Fraud Reckoning Will Expose Scam Companies, Cause Stock Market Chaos
  + stars: | 2023-01-31 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +12 min
Get ready for what will feel like an inescapable wave of corporate fraud. And as interest rates have risen, the stock market has fallen off — which makes it harder to get dollars by whipping up new investors or offering stock. ​​Despite Scheck's assertion that the risk of a wave of corporate fraud has heightened, he didn't want to speak in historical analogies. Kreuger had managed to hide that he had stretched the company's finances beyond solvency by raising money on the US stock market while it was raging. That may have been enough when the stock market was on a heater and investors were winning, but it's not enough when the stock market is falling, the economy is slowing, and everyone from regulators to lawmakers to kids on TikTok want answers.
☆ Fraud Economy: How Current Economic Trends Lead to More Corporate Scams
  + stars: | 2023-01-31 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +12 min
Get ready for what will feel like an inescapable wave of corporate fraud. And as interest rates have risen, the stock market has fallen off — which makes it harder to get dollars by whipping up new investors or offering stock. ​​Despite Scheck's assertion that the risk of a wave of corporate fraud has heightened, he didn't want to speak in historical analogies. There be icebergsOf course, there's also fraud that goes undetected in times of easy money — companies where the very act of existing means stretching the truth. Kreuger had managed to hide that he had stretched the company's finances beyond solvency by raising money on the US stock market while it was raging.
☆ A Wharton business school professor is requiring his students to use ChatGPT
  + stars: | 2023-01-26 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
UPenn professor Ethan Mollick now requires his students to use ChatGPT in their studies, per NPR. While some schools banned ChatGPT, Mollick said that it can serve as a useful learning tool. Ethan Mollick, an entrepreneurship and innovation professor at the University of Pennsylvania's Wharton School, told NPR on Thursday that he now requires his students to use ChatGPT to help with their classwork. His new AI policy — which NPR reviewed — calls AI usage an "emerging skill." During class this week, nearly all of his students used ChatGPT to help generate project ideas for an assignment.
☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
  + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +30 min
JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.
☆ Wharton's Jeremy Siegel says the U.S. has 'really solved the inflation problem'
  + stars: | 2023-01-13 | by ( Alex Harring | ) www.cnbc.com   time to read: +3 min
The Federal Reserve must understand inflation has been dealt with and stop raising interest rates, according to Jeremy Seigel, a closely followed finance professor at the University of Pennsylvania's Wharton School. Seigel said on CNBC's "Halftime Report" that the market has rallied so far this year because investors see signs that inflation is coming back down. He said Thursday's consumer price index report for December was a data point that could be taken, with some tweaks, to show inflation is a problem for the country that has been "solved." "The Fed is, at some time, going to be forced to realize that we've really solved the inflation problem," Seigel said on "Halftime Report." He called it a lagging data point, pointing to other data such as rental indexes that shows housing costs have actually come down .
☆ It is the time to stop raising rates, says Wharton's Jeremy Siegel
  + stars: | 2023-01-12 | 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 EmailIt is the time to stop raising rates, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box'' to discuss deflation signals, the time to stop raising rates, and why the Fed should shift its focus away from wages and structural changes.
☆ Triller missed its target for going public again, as it waits for the SEC to OK its confidential filing
  + stars: | 2023-01-10 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +9 min
Triller is in a holding pattern on its path to becoming a public company. A spokesperson said that once its registration statement is declared effective, it will make the filing public for the required time ahead of its public listing. The long slog toward becoming a public company as lawsuits pile upTriller has been pursuing a public offering for over a year. In December 2021, Triller announced it instead planned to go public via a reverse merger with the video-tech company Seachange International. "After much deliberation, Triller has determined that the best course of action is a direct listing for Triller."
☆ Wages since the pandemic have not matched the increase in prices, says Jeremy Siegel
  + stars: | 2022-12-16 | 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 EmailWages since the pandemic have not matched the increase in prices, says Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins 'Squawk on the Street' to discuss fears related to the Fed's monetary policy decisions, wages not matching inflation since the pandemic, and negative trends in the money supply as a deflation indicator.
☆ The Fed is tightening way too much, says Wharton's Jeremy Siegel
  + stars: | 2022-12-15 | 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 EmailThe Fed is tightening way too much, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to weigh in on the Federal Reserve's move to hike interest rates by 50 basis points.
☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on the Fed
  + stars: | 2022-12-15 | 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 EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on the FedJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to weigh in on the Federal Reserve's move to hike interest rates by 50 basis points.
☆ Sam Bankman-Fried was the poster boy for 'effective altruism.' Now, its followers are heartbroken and critics are questioning its 'weird' funding setup.
  + stars: | 2022-12-03 | by ( Grace Dean | ) www.businessinsider.com   time to read: +8 min
Sam Bankman-Fried was a proponent of effective altruism: earning as much as possible to give your wealth away. He had a huge influence on the effective-altruism movement, which counts Silicon Valley tech workers and Oxford University academics among its fans. 'Devastated'Bankman-Fried was the main funder of Future Fund, a charitable project run by the FTX Foundation. "We joined the Future Fund to support incredible people and projects," they said, "and this outcome is heartbreaking to us." Science groups that had received money from the Future Fund told the magazine Science in mid-November that they were unsure of their funding's future.
☆ Web designer opposed to gay marriage at center of U.S. Supreme Court clash
  + stars: | 2022-12-02 | by ( Andrew Chung | ) www.reuters.com   time to read: +7 min
[1/4] Web designer Lorie Smith, plaintiff in a Supreme Court case who objects to same-sex marriage, poses for a portrait at her office in Littleton, Colorado, U.S., November 28, 2022. She argues that Colorado anti-discrimination law violates free speech rights by forcing artists - including web designers - to express messages through their work that they oppose. The Supreme Court did not take up one aspect of her challenge to Colorado law based on religious rights also protected by the First Amendment. His legal battle with Colorado also reached the Supreme Court, which ruled narrowly in his favor in 2018. The state warned against endorsing Smith's view of free speech protections.
☆ Wharton's Jeremy Siegel explains why he thinks 90% of inflation is gone
  + stars: | 2022-11-21 | 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 EmailWharton's Jeremy Siegel explains why he thinks 90% of inflation is goneJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to break down his forecast for inflation and markets.
☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on inflation
  + stars: | 2022-11-21 | 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 EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on inflationJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to break down his forecast for inflation and markets. "I think we could see a 15, and potentially a 20%, increase in equity prices in 2023," Wharton tells CNBC.
☆ The Fed could pause its interest rate hikes right now, says Wharton's Jeremy Siegel
  + stars: | 2022-11-15 | 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 EmailThe Fed could pause its interest rate hikes right now, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data.
☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and more
  + stars: | 2022-11-15 | 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 EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and moreJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data. Siegel also breaks down his outlook for future interest rate hikes from the Federal Reserve and more. "They're probably going to go 50 basis points, but that should be the absolute pause," Siegel tells CNBC.
☆ This chart shows just how out-of-control rent has gotten: The typical person has to work 64.2 hours just to pay rent — up from 56 hours just two years ago
  + stars: | 2022-10-25 | by ( Britney Nguyen | Madison Hoff | ) www.businessinsider.com   time to read: +3 min
Demands for rental units are declining as housing costs soar with the price of essentials like food. The average renter in the US would have to work over 64 hours to afford rent, Zillow data shows. Phoenix, Orlando, and Las Vegas are among the metropolitan areas where demand is slowing the most. In metropolitan areas like Phoenix, Orlando, and Las Vegas, demand for rental units is slowing down the most, according to rental-data tracker RealPage. The good news, Tucker said, is that rent growth is "cooling off," and there are more rental homes that will be available.
☆ Fed will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy Siegel
  + stars: | 2022-10-25 | 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 EmailFed will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business, joins 'Squawk Box' to discuss the performance of corporate earnings, progress on bringing down inflation, and core rates staying high.
☆ From Dr. Oz to Hillary Clinton, a tour of 'carpetbagging' politicians past and present
  + stars: | 2022-09-23 | by ( Hanna Kang | ) www.businessinsider.com   time to read: +2 min
Formerly the host of the Emmy award-winning "The Dr. Oz Show" and an attending physician at the New York Presbyterian-Columbia Medical Center, Oz — known by his TV moniker Dr. Oz — is the Republican candidate for Pennsylvania's US Senate race. John Fetterman, a Democrat, says Oz is trying to buy himself a Senate seat from out-of-state. Fetterman, who holds a 13-point lead over Trump-backed Oz in the state's open-seat Senate race, has criticized Oz as a carpetbagger from neighboring New Jersey, even using an aerial banner that read, "Hey Dr. Oz, Welcome Home to NJ!" He also enlisted the help of reality TV star Nicole Elizabeth LaValle — better known as "Snooki" — to mock Oz for his ties to New Jersey. According to the New York Observer, Oz, a longtime New Jersey resident, has been active in his local Republican Party in New Jersey for several years.
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