finance on The Soothsayer / page 12

The world is bracing for the consequences of climate change, with extreme storms and rising temperatures wreaking havoc across the globe. The re-election of Donald Trump as US president has cast a shadow over the COP29 climate summit, where representatives from nearly 200 countries are gathering to discuss financial aid for low- and middle-income countries…

Researchers warn that generative AI models, trained on their own synthetic content, may collapse and produce nonsensical responses. This could exacerbate bias and lead to a loss of nuance in AI-generated text. Experts suggest that using a combination of human-generated and AI-generated data for training can help prevent this collapse. Forecast for 6 months: In…

Shiba Inu’s price has been on the rise, growing 16.4% in the last day and 67.1% in the last week. However, reaching its target of $0.01 remains a challenging task, requiring a 34,130% increase in value. The Shiba Inu community has burned almost 410.7 trillion tokens, but more extensive burns are needed to hit the…

Elon Musk, the world’s richest man, has filed a lawsuit against OpenAI, accusing the company of abandoning its original mission as a nonprofit organization. Despite this, Josh Kushner, a key investor in OpenAI, has expressed admiration and respect for Musk, praising his intentions to do right by everyone. The lawsuit has sparked concerns over the…

Canada’s labour minister, Steven MacKinnon, has intervened in the lockout of workers at the country’s two biggest ports, Vancouver and Montreal, to prevent economic self-destruction. The lockout, which has been affecting $930m worth of goods daily, has disrupted supply chains and the local economy. MacKinnon has directed the Canada Industrial Relations Board to order the…

A UK-based health technology start-up, Siloton, has made a significant breakthrough in the development of a portable optical coherence tomography (OCT) system. This innovative technology uses photonic integrated circuits to miniaturize expensive and fragile optical components, making it possible to capture high-quality images of the human retina. The system has the potential to revolutionize the…

In a groundbreaking episode of “The Joy of Why” podcast, mathematician and statistician Emmanuel Candès discusses the impact of artificial intelligence (AI) on prediction science. Candès explains how AI models, often referred to as “black boxes,” can make successful predictions without fully understanding the underlying mechanisms. He also highlights the importance of quantifying uncertainty in…

A massive data breach at American retailer Hot Topic has compromised the personal data of 57 million customers. The stolen information includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth, as well as partial credit card data. The breach occurred on October 19 and was claimed by a threat actor operating…

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