DIRS.INFO The most relevant business & tech news

Here are the meanings of the least-found words that were used in (mostly) recent Times articles. 1. pellicle — a thin skin or film:Chestnuts, a holiday favorite, don’t make it easy for us to cook them at home. The pellicle, its sticky inner skin, clings to the nut and can give it a bitter taste. This is achieved less by rethinking motivations than by burrowing into the language, far richer than I imagined. — The Best Coffee Break Is an Affogato (Aug. 11, 2021)The list of the week’s easiest words:

Persons: pellicle, chyme, Jimmy, yecch, ’, Brunie, McDermott, ‘, ”, Forest Simmons, Michael Starbird, Su, dotard, Seana McKenna, Ben Carlson, cortado, Maillard, enby, Taylor Mason, Asia Kate Dillon, —, clayey, bombe Organizations: Charter, Education, Andersen, Russian Locations: New York, Ontario, Copenhagen, Morningside Heights, Manhattan

☆ A weirdly wobbly 'muon' particle might revolutionize physics by revealing a 5th force of nature or another dimension
▼ + stars: | 2023-08-15 | by ( Sonam Sheth | Jessica Orwig | ) www.businessinsider.com time to read: +5 min

A subatomic particle called the muon is wobbling far more than leading physics models can explain. Its unusual behavior could be evidence of a fifth force of nature or a new dimension. And the reason could be evidence of a new, fifth force of nature. But there are still cosmic wonders we don't understand — mysteries that the discovery of a fifth force of nature may help solve. One possible explanation is that the muons' behavior is dictated by a fifth force of nature.

Persons: Aylin Woodward, Einstein, Rosen, Brendan Casey, Graziano Venanzoni Organizations: Service, Fermi, Accelerator Laboratory, Fermilab, Brookhaven National Lab Locations: Wall, Silicon

☆ A theoretical physicist says AI is just a ‘glorified tape recorder’ and people’s fears about it are overblown
▼ + stars: | 2023-08-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A theoretical physicist shut down the fears around AI saying it's just a "glorified tape recorder." Michio Kaku said chatbots like OpenAI's ChatGPT can't even distinguish true from false. An AI godfather also said that fears about AI threatening humanity are "preposterously ridiculous." A theoretical physicist shut down the hype around the dangers of AI saying chatbots like OpenAI's ChatGPT are just "glorified tape recorders." Yann LeCun, dubbed an AI "godfather" and Meta's chief AI scientist, shared similar sentiments with Kaku saying that fears about AI posing a threat to humanity are "preposterously ridiculous."

Persons: it's, Michio Kaku, CNN's Fareed Zakaria, Google Bard, Elon Musk, Yann LeCun, LeCun Organizations: City College of New, CUNY, Center, Google, BBC Locations: City College of New York, Paris

REUTERS/Sarah SilbigerAug 10 (Reuters) - Federal Reserve policymakers are unlikely to raise interest rates again in 2023 and will probably start cutting them early next year, traders bet on Thursday, after a U.S. government report showed consumer prices rose only moderately last month. Traders of futures tied to the Fed's policy rate now see less than a 10% chance that the U.S. central bank will increase its benchmark overnight interest rate from its current 5.25%-5.50% range at a Sept. 19-20 policy meeting. The Fed's first rate cut is priced into the futures contracts by March of 2024. The Fed has driven its policy rate up by 5.25 percentage points since March 2022 to bring inflation back down to its 2% goal. "There's always a chance we get reacceleration of inflation prints after October, but I don't think that's going to spur Fed action."

Persons: Sarah Silbiger, Guy Lebas, Janney Montgomery Scott, Ann Saphir, Karen Brettell, Lucia Mutikani, Bernadette Baum, Paul Simao Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Federal Reserve, Labor Department, Traders, Thomson Locations: Washington ,, U.S

☆ Chien-Shiung Wu, a nuclear physicist who worked on the Manhattan Project, spent her career fighting for gender equality in science
▼ + stars: | 2023-07-26 | by ( Yoonji Han | ) www.businessinsider.com time to read: +7 min

Chien-Shiung Wu was a Chinese physicist who was instrumental to the Manhattan Project. Chien-Shiung Wu is a physicist who broke through both gender and racial barriers in 1940s America, wowing the science community with her significant contributions to the Manhattan Project. Like many other scientists involved in the project, Wu later distanced herself from the Manhattan Project due to its destructive outcome. Robert W. Kelley/Contributor/Getty ImagesWu's legacyAfter the Manhattan Project, Wu continued to advance the science community's understanding of nuclear physics. Wu was later awarded the first Wolf Prize, considered the second most prestigious award after the Nobel Prize, in 1978.

Persons: Wu, Wolf, Christopher Nolan's, Oppenheimer, Wu's, Madame Curie, Ernest Lawrence, J, Robert Oppenheimer, weren't, Lawrence, Wu —, Emilio Segrè, Marie Curie, Luke Yuan, East Coast . Wu, Brode, Wallace Brode, Enrico Fermi, Robert W, Kelley, —, Y.K, Lee, Bettmann Organizations: Manhattan, Physics, Service, University of Michigan, University of California, Princeton University, Science, Smithsonian Institution, Manhattan Project, Columbia University, Los Alamos, Columbia Locations: Chinese, Wall, Silicon, America, Jiangsu, China, Republic of China, United States, Michigan, Berkeley, Italian, East Coast ., Los, Manhattan

☆ Fed recap: Details from the Federal Reserve's July hike and Powell's market-moving comments
▼ + stars: | 2023-07-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +1 min

"We now believe that the Fed is on a prolonged 'hawkish hold,'" she said. "In our base case, their next move will likely be a cut but it will take until 2024 until we see it. That said, Powell will have no choice but to keep the threat of hikes alive, lest he encourage markets to prematurely price in cuts and re-ignite inflation expectations." "Indeed, throughout this coming extended pause, the risk to our base case will likely almost always be for one last hike to cement the disinflationary trend," she added. — Tanaya Macheel

Persons: Frances Donald, Powell Organizations: Fed, Manulife Investment Management

☆ Meta already appears to hold the rights to 'X.' It could make Twitter's rebrand complicated.
▼ + stars: | 2023-07-24 | by ( Sonam Sheth | Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg's Meta already appears to have a trademark for an "X" logo. Musk's new logo for "X" also resembles a Unicode character and a Monotype font. Twitter may have hit a snag while rolling out its new logo — it seems like Meta already holds the rights to it. Meta's "X" logo in its trademark filings looks different from the one Musk has put up on Twitter's website. Meta's "X" looks like two arrows with rounded ends pointing inwards — one white and one blue — while Twitter's "X" is a black and white angular rendition.

Persons: Mark Zuckerberg's Meta, Elon Musk, Zuckerberg's Meta, Matthew Scroggs, Josh Gerben, Meta, Gerben Organizations: Elon, Twitter, University College London, Monotype

☆ Twitter's new 'X' logo looks suspiciously like a generic Unicode symbol
▼ + stars: | 2023-07-24 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Twitter on Monday rolled out its new logo and brand: 𝕏.𝕏 is also a generic Unicode character known as "mathematical double-struck capital X." The new logo is also nearly identical to the lowercase "x" in the Monotype font "Special Alphabet 4." Twitter has a new logo thanks to a major rebrand that Elon Musk announced over the weekend: 𝕏. But the new branding looks suspiciously like a generic Unicode character known as "mathematical double-struck capital X" that was added to the Unicode in March 2001. The company's newly minted CEO, Linda Yaccarino, tweeted that Twitter — now called "X" — will "transform the global town square."

Persons: sy

☆ One measure of 'the market' is up 34% this year while another is only up 6%—here's why
▼ + stars: | 2023-07-21 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

All three "headline indexes" are considered, in one way or another, proxies for the stock market, and over long periods, they've tended to perform pretty similarly. S&P 500When investing pros talk about market returns, they're usually talking about the S&P 500. The index tracks roughly the 500 largest U.S.-traded stocks, comprising 80% of all stocks traded on the market. Created in 1957, the index was the U.S.'s first index weighted by market capitalization (stock price times total outstanding shares), and today it is the favored benchmark index for mutual fund managers who measure themselves against the broad stock market. Nasdaq CompositeThe Nasdaq Composite includes all stocks listed on the Nasdaq Stock Market — the first electronic stock exchange.

Persons: you'll, Tesla, Dow, Nvidia — Organizations: Nasdaq, Dow, CNBC, Dow Jones Industrial, P, Dow Jones, Wall Street Journal . Companies, Apple, Microsoft, Nvidia Locations: lockstep, U.S

☆ Big Histories for the Big Future
▼ + stars: | 2023-07-18 | by ( Francis Fukuyama | ) www.nytimes.com time to read: +2 min

Worse, the path to safety is not clear; simply getting past the next election without the democratic system grinding to a halt seems like a big achievement. Both authors had predicted, by a decade or more, that a period of great crisis would arrive around 2020, though neither foresaw a pandemic. He proposes a cyclical scheme of societal rise and subsequent disintegration based on a “wealth pump,” whereby elites get richer and ever more entrenched. Inequality, if left unchecked, grows to the point that the system fragments and has to be rebuilt from the ground up. Such is the situation today in America, where oligarchy has become so extreme that a huge redistribution of power needs to take place.

Persons: Neil Howe, Peter Turchin, Neil Howe’s “, Peter Turchin’s Organizations: Elites Locations: Ukraine, America

☆ Overdue Book Is Returned to a Library After Nearly 120 Years
▼ + stars: | 2023-07-09 | by ( Orlando Mayorquin | ) www.nytimes.com time to read: 1 min

As books go, James Clerk Maxwell’s “An Elementary Treatise on Electricity” is hardly a household name, but it has gained renewed attention after a copy was returned last month to a Massachusetts library nearly 120 years overdue. “This is definitely the longest overdue book that we’ve gotten back,” Olivia Melo, the library’s director, said on Sunday. “And we do get some books back after, you know, 10, 15 years.”The book, published in 1881 and written by a prominent Scottish physicist, was an early scientific text laying out electrical theories. Its 208 pages, bound by a cranberry-colored cover, are crammed with technical jargon and medleys of elaborate mathematical equations. The library acquired the book in 1882, Ms. Melo said.

Persons: James Clerk Maxwell’s, we’ve, ” Olivia Melo, ”, Melo Locations: Massachusetts, Scottish

☆ How does ChatGPT decide what to say next? Here's a quick explainer.
▼ + stars: | 2023-07-09 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

AI chatbots like ChatGPT are based on large language models that are fed a ton of information. Here's how computer science experts explain how the bots know what words to say next. Bots like ChatGPT are also trained on large amounts of conversations that have taught machines how to interact with human users. But watch out for what chatbots don't knowWhat happens when you ask it a question it doesn't know the answer to? That's where chatbots create the most trouble because of an inherent trait — they don't know what they don't know.

Persons: They're, annotators, Kristian Hammond, Northwestern University . Hammond, Richard Harris, Richard Nixon, Hammond, chatbots, it's, William Wang, He's Organizations: Northwestern University ., university's Center, Advancing, Machine Intelligence, University of California Locations: Santa Barbara

☆ This classic recession indicator just hit its lowest level since 1981—here's what it means for you
▼ + stars: | 2023-07-07 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

So when the yield curve does make headlines, it's generally because it's setting off some alarm bells among market watchers. In general terms, that means short-term bonds are paying higher interest rates than long-term bonds. An inverted yield curve is a classic signal that a recession is on the horizon. An inverted yield curve makes the math unprofitable for banks in many cases. But in another sense, an inverted yield curve presaging a recession is sort of a self-fulfilling prophecy.

Persons: It's, Megan Horneman, Sam Stovall, doesn't, Stovall, Banks Organizations: Verdence Capital Advisors, Federal Reserve

☆ Elon Musk’s secret game plan for Tesla
▼ + stars: | 2023-07-06 | by ( Adam Rogers | ) www.businessinsider.com time to read: +9 min

"Tesla is happy to support other EVs via our Supercharger network," Tesla CEO Elon Musk tweeted, replying to President Joe Biden's announcement. And by tapping into a vehicle's battery management system, Tesla may be able to get even more data from its competitors. There were jokes for years that Tesla was actually a carbon-credit company pretending to be a car company. For a while it looked as if it were going to be an insurance company pretending to be a car company. Now, I think it's going to be a data company — which may just be the thing that winds up keeping it afloat.

Persons: who's, Tesla, Elon Musk, Joe Biden's, Mike Ramsey, it's, Samrat Acharya, Ford, Elon, they'll, Big, Adam Rogers Organizations: Ford, GM, Gartner, cybersecurity, Twitter, Big Locations: United States, Teslas, Silicon Valley

☆ A.I. Is Coming for Mathematics, Too
▼ + stars: | 2023-07-02 | by ( Siobhan Roberts | ) www.nytimes.com time to read: +1 min

For more than 2,000 years, Euclid’s text was the paradigm of mathematical argumentation and reasoning. “Euclid famously starts with ‘definitions’ that are almost poetic,” Jeremy Avigad, a logician at Carnegie Mellon University, said in an email. But by the 20th century, mathematicians were no longer willing to ground mathematics in this intuitive geometric foundation. Eventually, this formalization allowed mathematics to be translated into computer code. In 2019, Christian Szegedy, a computer scientist formerly at Google and now at a start-up in the Bay Area, predicted that a computer system would match or exceed the problem-solving ability of the best human mathematicians within a decade.

Persons: Euclid, Jeremy Avigad, “, Avigad, Christian Szegedy Organizations: Getty, Carnegie Mellon University, Google Locations: Los Angeles, Bay

☆ A stock trader who returned 630% in 3 years shares 6 key signals he identifies before making a trade
▼ + stars: | 2023-07-01 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

For example, if a stock's price is below the VWAP, it may lure many traders into shorting it, he said. Since Sykes trades penny stocks with less trading volume, he uses indicators that help him determine whether his theses will play out. However, its importance is inferior to the above criteria because the catalyst could move a stock's price in either direction. On the morning of December 1, 2022, the stock's price plunged, creating a pattern he calls a morning panic. This trade fit Sykes' criteria because it had attention on it as a catalyst and created a pattern he trades.

Persons: Timothy Sykes, Sykes, Norman Zadeh, It's, they're, CLOW Organizations: Bollinger, United States, Nasdaq Locations: shorting

☆ The Supreme Court’s affirmative action ruling could hurt the job prospects for candidates of color
▼ + stars: | 2023-06-30 | by ( Chandelis Duster | ) edition.cnn.com time to read: +6 min

CNN —The Supreme Court’s landmark decision shooting down affirmative action could hurt the college-to-career pipeline many companies lean on to diversify their ranks. The Supreme Court’s Thursday ruling could make it even harder for those efforts to bear fruit. Elite schools offer opportunities like networking, graduate resources and mentoring, as well. Not being admitted to elite schools could thus harm many candidates of color. Legal, medical fields still lack diversityIn the legal profession, for example, law schools are key for the pipeline to clerkships and even judgeships.

Persons: ”, Cara McClellan, McClellan, White, Joni Hersch, ” Hersch, Hersch, you’ve, Bryan Cook, ’, Christopher L, Eisgruber Organizations: CNN, The University of Pennsylvania Carey Law School, Black, Fortune, Racial, Civil Justice Clinic, Apple, Google, Starbucks, Procter, Gamble, American Medical Association, AMA, Bureau of Labor Statistics, Vanderbilt University, Lumina Foundation, Gallup, Higher Education, Elite, Education, Urban Institute, American Bar Association, National Association for Law, American Bar Federation, Internal, ” Princeton University, University

☆ An experiment that reaches across the galaxy has 'heard' an invisible sea of ripples in space-time for the first time. It's surprisingly loud.
▼ + stars: | 2023-06-30 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

Those ripples are probably the distant thunder of countless collisions between supermassive black holes, throughout space and time. He predicted that the intense gravity of extremely massive objects, like black holes, warps the fabric of space-time. The NSF funded the 15-year experiment, which is called the North American Nanohertz Observatory for Gravitational Waves (NANOGrav). Supermassive black holes are thought to exist at the center of every galaxy. Her lab runs computer models of merging supermassive black holes to predict how they behave and what signals they send out into space.

Persons: —, Albert Einstein's, Aurore, Sean Jones, Manuela Campanelli, NASA's James Webb, Noll, Kip Thorne, NASA Goddard Thorne, NANOGrav, LIGO, Stephen Taylor, Lorenzo Ennoggi Organizations: Service, Sciences, National Science Foundation, NSF, American Nanohertz, Rochester Institute of Technology, NASA's James Webb Space, Hubble, Telescope, NASA, ESA, Hubble Heritage Locations: Louisiana, Washington, Europe, India, Australia, China

☆ 12 of the highest-paying jobs in finance
▼ + stars: | 2023-06-29 | by ( ) www.businessinsider.com time to read: +13 min

Getty Images/Peter DazeleyThe finance industry has many high-paying jobs such as chief financial officer, and investment banker. The finance industry is brimming with high-paying, excellent jobs, whether you want to become an accountant, financial analyst or something else entirely. Financial risk managerFinancial risk managers have very important jobs: they help companies and investors understand different levels of financial risk. As high-earning financial professionals, their financial modeling and financial reports are invaluable to the finance sector at large. Most finance professionals in this position have years of experience.

Persons: Peter Dazeley, CPAs Organizations: Getty, Morning, U.S . Bureau of Labor Statistics . Investment, Investment, Financial

☆ I'm an AI-prompt engineer. Here are my 3 requirements for writing a prompt for chatbots like ChatGPT.
▼ + stars: | 2023-06-29 | by ( Marc Shoffman | ) www.businessinsider.com time to read: +6 min

I joined AutogenAI, a company that has built a language model companies use for bid and tender writing, in July 2022. At university, I focused mostly on analytic philosophy, such as mathematical logic, formal logic, philosophy of science, and linguistics. It is fundamental to understand that when prompting a large language model, you are, in some way, communicating with it. The command, "make this paragraph better," assumes the language model knows whether that means longer, shorter, clearer, or less boring. Though this may be intuitive to you, it isn't explicitly clear to the language model.

Persons: Teodora Danilovic, —, I've Organizations: Service, King's College, Serbian Locations: King's College London, London, Serbian, Silicon Valley

☆ Hedge fund industry insiders say Two Sigma's unusual risk disclosure was years in the making
▼ + stars: | 2023-06-27 | by ( Rebecca Ungarino | Kaja Whitehouse | ) www.businessinsider.com time to read: +6 min

Two Sigma, the successful quant hedge fund, is dogged by two cofounders who don't get along. Disagreements between Overdeck and Siegel only surfaced publicly for the first time last week. The disclosure was highly unusual for a hedge fund since they generally have much lighter disclosure requirements than their public counterparts, experts say, making the filing all the more notable. The firm has been known mainly as a premier quantitative hedge fund since its founding. Then when it comes to planning for the next generation of leaders to take over from hedge fund founders, the transition can be difficult.

Persons: John Overdeck, David Siegel, Overdeck, Siegel, Mark Pickard, Jonathan Hitchon, Sarah Jacobs, Kevin Mullally, Mullally Organizations: Sigma, Street Journal, Overdeck, Wall Street, Business, University of Central Locations: New York, Manhattan's SoHo, University of Central Florida

☆ Sam Altman is AI's compelling preacher. The world is ready to bow down.
▼ + stars: | 2023-06-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Sam Altman is a man on a mission: Sell the world on AI. Insider spoke to people who met or saw Altman during his tour, who say the CEO was a convincing preacher. Sam Altman knows he's at an inflection point. On June 9, at a fireside chat in Seoul, Korea, the OpenAI CEO acknowledged he was on a "diplomatic mission." "Sam replied that he did not know and asked the student to tell him in ten years," Mathew said.

Persons: Sam Altman, Altman, Isaac Herzog, He's, Narendra Modi, Yoon Suk, Emmanuel Macron, Rishi Sunak, ChatGPT, Varshal Gupta, Gupta, OpenAI, Sam, Frances, …, Jacob Mathew, Mathew, Felfoul Organizations: Knights, Innovation, Google, Health, OpenAI, Qatar National Library, European Union, EU, WISE Locations: Seoul, Korea, Israel, Jordan, Qatar, UAE, India, Tel Aviv, South Korea, France, Delhi, Doha, European

☆ Ancient Maya city discovered in Mexican jungle
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +2 min

The city includes large pyramid-like buildings, stone columns, three plazas with "imposing buildings" and other structures arranged in almost-concentric circles, the INAH institute said. INAH said the city, which it has named Ocomtun - meaning "stone column" in the Yucatec Maya language - would have been an important center for the peninsula's central lowland region between 250 and 1000 AD. It is located in the Balamku ecological reserve on the country's Yucatan Peninsula and was discovered during a search of a largely unexplored stretch of jungle larger than Luxembourg. The Maya civilization, known for its advanced mathematical calendars, spanned southeast Mexico and parts of Central America. Pre-Hispanic ball games, widespread throughout the Maya region, consist of passing a rubber ball representing the sun across a court without the use of hands and getting it through a small stone hoop.

Persons: INAH, Ivan Sprajc, Sprajc, Sarah Morland, Edwina Gibbs Organizations: Mexico's National Institute of Anthropology, Mexico's, Read, MEXICO CITY, Central America, Thomson Locations: Campeche, Mexico, MEXICO, Yucatan, Luxembourg, Central

☆ Founders and VCs are clamoring to get into this $68 million AI hacker house. Here's how the AGI House exploded into a community hub for the red-hot Bay Area AI scene.
▼ + stars: | 2023-06-21 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +8 min

In February, the AGI House launched as a community hub for the buzzy Bay Area AI scene. Since launching in February this year, it's served as a hacker house and community hub for the Bay's exploding AI scene. Depending on the day, the residence houses between eight to ten AI founders and researchers, including a researcher from AI giant OpenAI. Stephanie PalazzoloFrom flying cars to fireside conversationsThe AGI House wasn't always the AGI House. "It's great to live in a community house where you're naturally connected to the AI founder community," she said.

Persons: Steve Jobs, Elon, it's, Demi Guo, Stephanie Palazzolo, wasn't, Andrej Karpathy, Rocky Yu, Karpathy, Sergey Brin, Kelly Peng, Yu, Jeremy Nixon, Tim Shi, Lerer Hippeau, Peng, Guo, There's, Greylock's, Corinne Riley AGI, they're Organizations: AGI, Technologies, Genesis, Foundation Capital Locations: buzzy, Hillsborough, Stanford, Alamo, LA, AGI, New York City, Stanford's

☆ Billionaire Ken Griffin says good programmers' days are numbered. Here's what will make a coder stand out.
▼ + stars: | 2023-06-08 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Ken Griffin spoke to the newest class of Citadel interns at the Four Seasons on Tuesday. The CEO said generative AI is changing the game and it's harder than ever to stand out as a programmer. Billionaire Citadel founder Ken Griffin says the days of the good programmer are numbered, and generative AI is the reason why. "Programming is going to be a big target for generative AI," Griffin said, according to people who heard him speak. The days of 'I'm a good programmer' are becoming numbered."

Persons: Ken Griffin, Griffin Organizations: Citadel, Citadel . Billionaire Citadel, CNBC, Citadel Securities, NASA, US Army Locations: Fort Lauderdale, Wall

Search resuls for: "Mathematical"

25 mentions found