With Default Looming, What Can Biden Do?
[ad_1] The federal government has perhaps less than a month left before an economically devastating default on its debt. No matter who bears the political blame for a default, aides acknowledge that President Biden has a lot to lose if the nation tips into recession just as he is moving into his re-election campaign. Mr. Biden […]
Read MoreWhite House Unveils Initiatives to Reduce Risks of AI
[ad_1] The White House on Thursday pushed Silicon Valley chief executives to limit the risks of artificial intelligence, in the administration’s most visible effort to confront rising questions and calls to regulate the rapidly advancing technology. For more than an hour so far in the White House’s Roosevelt Room, Vice President Kamala Harris and other […]
Read MoreMy Weekend With an Emotional Support A.I. Companion
[ad_1] For several hours on Friday evening, I ignored my husband and dog and allowed a chatbot named Pi to validate the heck out of me. My views were “admirable” and “idealistic,” Pi told me. My questions were “important” and “interesting.” And my feelings were “understandable,” “reasonable” and “totally normal.” At times, the validation felt […]
Read More‘Super Mario Bros. Movie’ Crosses the $1 Billion Mark
[ad_1] The animated film “The Super Mario Bros. Movie” crossed the $1 billion box-office threshold on Sunday, making it the fifth movie to do so since the start of the pandemic and the surest sign yet that the theatrical movie business is on the rebound after a prolonged downturn. Despite middling reviews, the Universal Pictures […]
Read MoreKeshub Mahindra, Billionaire Indian Industrialist, Dies at 99
[ad_1] Keshub Mahindra, an Indian industrialist who built a family steel and automotive business into a vast multinational conglomerate, but whose reputation was marred by his conviction for negligence in a poison gas leak that killed thousands of people in Bhopal in 1984, died on April 12. He was 99. His company, Mahindra Group, confirmed […]
Read MoreIn an Unsteady Banking Industry, First Republic’s Problems Stood Out
[ad_1] Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic Bank, the second-largest such failure in U.S. history, but many industry experts say that its problems were unique to the once high-flying lender. Investors have also appeared to reach that […]
Read MoreMarkets Shrug Off First Republic Failure
[ad_1] The failure of First Republic Bank over the weekend barely dented financial markets on Monday, as investors shrugged off the latest bank failure to focus instead on corporate profits and the next big decision on interest rates from the Federal Reserve this week. The S&P 500 nudged higher in early trading, after the Federal […]
Read MoreA.I. Is Getting Better at Mind-Reading
[ad_1] Think of the words whirling around in your head: that tasteless joke you wisely kept to yourself at dinner; your unvoiced impression of your best friend’s new partner. Now imagine that someone could listen in. On Monday, scientists from the University of Texas, Austin, made another step in that direction. In a study published in […]
Read MoreA Timeline of How the Banking Crisis Has Unfolded
[ad_1] First Republic Bank was seized by regulators and sold to JPMorgan Chase on Monday, the latest casualty of a banking crisis that has seen other troubled lenders collapse in March. Silicon Valley Bank, one of the most prominent lenders to technology start-ups and venture capital firms, was the first to implode on March 10. […]
Read MoreFirst Republic Bank Is Sold to JPMorgan: What to Know
[ad_1] The federal government seized First Republic Bank and sold it to JPMorgan Chase on Monday, ending the lender’s six-week-long free fall and reassuring depositors that their money is safe. Widely viewed as the most at-risk bank since Silicon Valley Bank and Signature Bank failed in March, First Republic lost $102 billion in deposits last […]
Read More6 consejos para mejorar tus reuniones de trabajo
[ad_1] Steven G. Rogelberg, profesor de la Universidad de Carolina del Norte, campus Charlotte, y autor de La sorprendente ciencia de las reuniones: cómo liderar tu equipo para obtener el máximo rendimiento, ha reflexionado mucho sobre las reuniones, buenas y malas. “Creo que durante mucho tiempo las organizaciones solo creyeron que las reuniones malas eran […]
Read MoreJPMorgan Chase Emerges as Buyer for First Republic Bank
[ad_1] Goodbye, First Republic; hello again, JPMorgan First Republic is no more: Regulators seized the embattled lender overnight and sold it to JPMorgan Chase. What is now America’s second-biggest bank failure, after the 2008 collapse of Washington Mutual, means that 84 bank branches that closed as First Republic locations on Friday will reopen on Monday […]
Read MoreIn Transylvania, Anyone With $200 Can Live Like a King. (Well, One Specific King.)
[ad_1] There isn’t a front desk or even a lobby at the Prince of Wales Guesthouse, a trio of rustic buildings beside a 350-year-old village in Zalán Valley in Transylvania. Check-ins are handled in the communal dining room and den where a woman, who is the cook, hands over an antique key. It will open […]
Read MoreWhen A.I. Chatbots Hallucinate – The New York Times
[ad_1] When did The New York Times first report on “artificial intelligence”? According to ChatGPT, it was July 10, 1956, in an article titled “Machines Will Be Capable of Learning, Solving Problems, Scientists Predict” about a seminal conference at Dartmouth College. The chatbot added: The 1956 conference was real. The article was not. ChatGPT simply […]
Read MoreWhat Exactly Are the Dangers Posed by A.I.?
[ad_1] In late March, more than 1,000 technology leaders, researchers and other pundits working in and around artificial intelligence signed an open letter warning that A.I. technologies present “profound risks to society and humanity.” The group, which included Elon Musk, Tesla’s chief executive and the owner of Twitter, urged A.I. labs to halt development of […]
Read More‘The Godfather of A.I.’ Quits Google and Warns of Danger Ahead
[ad_1] Geoffrey Hinton was an artificial intelligence pioneer. In 2012, Dr. Hinton and two of his graduate students at the University of Toronto created technology that became the intellectual foundation for the A.I. systems that the tech industry’s biggest companies believe is a key to their future. On Monday, however, he officially joined a growing […]
Read MoreTrickling Tax Revenue Complicates Debt Limit Talks
[ad_1] WASHINGTON — A vote by House Republicans last week to lift the nation’s debt limit in exchange for deep spending cuts was the first step in what is likely to be a protracted battle over raising or suspending the borrowing cap to avoid defaulting on United States debt. But while Republicans and President Biden […]
Read MoreFirst Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase
[ad_1] Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial system. First Republic, whose assets were battered by the rise in interest rates, had struggled to stay alive after two other lenders collapsed last […]
Read MoreJerry Mander, Adman for Radical Causes, Dies at 86
[ad_1] Jerry Mander, whose iconoclastic thinking led him to create advertising campaigns for nonprofits like one for the Sierra Club in 1966 to fight a plan to build two dams in the Grand Canyon and an organization to raise awareness about the dangers of economic globalization, died on April 11 at his home in Honokaa, […]
Read MoreThe Week in Business: High-Profile Media Ousters
[ad_1] What’s Up? (April 23-29) Pink Slips for Cable News Stars In a matter of hours on Monday, cable news underwent a seismic shift. First, Fox News announced that it had ousted Tucker Carlson, its most popular prime-time host. The move came less than a week after the company paid $787.5 million to settle a […]
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