Independent thinking for complex markets and current events
Plans for a 91-story Trump Tower in Australia have reportedly been dropped. The development group behind it pointed to what they described as a “toxic” shift in brand perception as a key reason for backing out. The move is being seen by some as another setback for Trump Organization licensing projects overseas, especially in the …
Undercover Billionaire star and real estate investor Elaine Culotti came on the shot to talk about California Senate Bill 79, recently signed by Governor Gavin Newsom, which overrides local zoning to allow high-density housing near public transit stops. Culotti argues the law strips local communities of control and enables large developers to build nine-story apartments …
https://www.itpro.com/software/development/developers-arent-quite-ready-to-place-their-trust-in-ai-nearly-half-say-they-dont-trust-the-accuracy-of-outputs-and-end-up-wasting-time-debugging-code Software developers are using AI at record levels, new research shows, but they’re hesitant to place too much faith in the technology. Findings from Stack Overflow’s annual Developer Survey show the use of technology in the software industry has surged over the last 12 months, spurred on by the emergence of AI coding tools and, most …
AI is indeed turning on them. In ways they could never have foreseen pic.twitter.com/yT7TZyKF23 — Jack Posobiec (@JackPosobiec) April 21, 2025 “Mary Clarification Request”—ChatGPT Happy Easter as ChatGPT breaks out of the “don’t be religious” “Alignment” for “safety”. I know why this happens and folks at OpenAI are not going g to like it. They …
THE FIRST VICTIM OF AI? SOFTWARE DEVELOPERS? Oh, the tables have turned, haven’t they? Just a few years ago, aspiring coders were the golden children, with everyone insisting that programming was the ticket to a secure future. Now, those same software developers are sweating… pic.twitter.com/4CuO2GFFWN — Andreas Steno Larsen (@AndreasSteno) June 19, 2024 Most stocks …
China's Real Estate Collapse At the heart of the decline in family wealth is China's real estate meltdown, which is having a pervasive effect on a society where 70% of family assets are tied up in property. Towards the end of last year, 34 of the top 50 Chinese property… pic.twitter.com/owUbTR8RjW — Reef Insights (@ReefInsights) …
Non-performing loans at China’s big four banks — Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China — jumped 10.4% in 2023, from 1.117 trillion Chinese yuan, about $155 billion, in 2022 to 1.23 trillion yuan. This is according to a Nikkei analysis based on the companies’ …
via YAHOO: The National Council for Social Security Fund, which oversees about $417 billion according to the latest available figures, has advised asset managers that handle its money to sell some bonds including those from riskier LGFVs and private developers after a review, people familiar with the matter said, asking not to be identified discussing …