EU Privacy Watchdog Probes Google’s AI Model

The EU’s privacy watchdog is investigating how Google is using personal data in the development of one of its artificial intelligence models. Ireland’s Data Protection Commission (DPC)—the bloc’s regulatory body for companies headquartered in Ireland—announced on Sept. 12. that it …

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AMC has a terrible business model.

by Iamooble In my honest opinion I see AMC as a parasite with a horrible business model. Every AMC I’ve been to across the states is nothing more than a parasite. Not only are actual AMC theaters deteriorating in quality …

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Weather model highlights atmospheric river bringing substantial rain to Southern California.

Intriguing insights from weather models focus on precipitable water, a key variable showcasing moisture plumes like an atmospheric river targeting Southern California. This meteorological phenomenon involves mountains wringing out the moisture, especially as it encounters slower speeds at higher elevations. …

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Sound familiar to 2008?: “changes in the 90s enhanced asset securitization, shifting the prevalent mode of financial intermediation from a bank-centric model of taking deposits & issuing loans (holding them to maturity) to a new model where loans were packaged into securities & sold to investors.”

by Dismal-Jellyfish Source: https://libertystreeteconomics.newyorkfed.org/2023/11/the-nonbank-shadow-of-banks/ TLDRS: Fed paper: The evolution of banks and nonbanks is closely linked, particularly since the 1990s. In the 1990s, financial ‘innovation’ and regulatory changes boosted asset securitization. This shifted financial intermediation from a traditional bank-centric model (taking …

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Amazon $AMZN is developing its own ChatGPT competitor, an AI model called Olympus. Olympus is reported to have 2 trillion parameters, GPT-4 only has 1 trillion parameters. Amazon’s AI model could reportedly be unveiled as soon as December.

Amazon is working on a new AI model that could challenge the likes of ChatGPT and Bard. The new model, which is codenamed “Olympus,” is reportedly twice the size of OpenAI’s GPT-4. Amazon is doubling down on AI, investing $4 …

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Hurricane Franklin forecast to hit New England according to AI Weather Model

https://charts.ecmwf.int/products/pangu_medium-t-z?base_time=202308230000&level=1000&projection=opencharts_north_america&valid_time=202308300600 Pangu with a landfall in SNE. I will say the Pangu was the first to nail the Hillary landfall in CA and also has done well with not developing fantasy storms like the other global ens this season pic.twitter.com/DzQfHZLANf …

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The CPI is a BS model of inflation, not the cost of living.

"Some 61.8% of American households acknowledged having difficulty covering an unexpected expense of $400, up 1.3% from November 2022, according to the report." Meanwhile… @SecYellen pic.twitter.com/os1H3V4sbO — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) August 3, 2023