AI’s Hold Over Humans Is Starting to Get Stronger

(Bloomberg Opinion) – It has been an exasperating week for computer scientists. They’ve been falling over each other to publicly denounce claims from Google engineer Blake Lemoine, chronicled in a Washington Post report, that his employer’s language-predicting system was sentient and deserved all of the rights associated with consciousness. .

JPMorgan Stars Take Other Side of Dimon’s ‘Hurricane’ Trade

(Bloomberg Opinion) – As chairman and chief executive officer of JPMorgan Chase & Co., Jamie Dimon is perhaps the most powerful person in the banking industry anywhere in the world. So when he says – like he did on June 1 – that investors should brace for an economic “hurricane,” it’s worth taking the warning … Read more

Good news for home buyers? Fannie Mae chief economist says the US housing market has finally turned a corner. Here’s why.

The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census Bureau data released Tuesday. That was the slowest rate of sales since April 2020 during the earliest days of the COVID-19 pandemic, offering … Read more

Victory and Defeat Are Hard to Define in Ukraine

(Bloomberg Opinion) – One of the most striking things about the Russo-Ukrainian war of 2022 is the variety of outcomes that both sides could declare as a victory – and the scarcity of outcomes that can last. What will determine the success of any declaration is its intended audience. What matters in the real world, … Read more

Opinion: Elon Musk does not want to buy Twitter anymore, but Twitter should make him pay for it

It’s becoming quite clear that Elon Musk no longer wants to buy Twitter Inc., at least not at the price he negotiated. But Twitter should not walk away without at least $ 1 billion – and potentially much more – for the trouble. Musk’s bid for Twitter TWTR, + 2.49% has become one of the … Read more