Bad bad not good concert

Share to Twitter Share to Linkedin It must be said that all the banking pros predicted that QT wouldn’t last and that QE would start soon enough and that was why stocks were not going to crash any further in the winter of 2022. I thought this unlikely because the central banks would zig and zag but nonetheless get a fair way along the tightening path and pause it at some point for good after more stock market pain. QE = Bull QT = Bear Now these bankers did not predict their own demise as the reason for this end of QT (quantitative tightening) but here we are. How ironic. Here is a chart of the Federal Reserve Balance Sheet: About half of the tightening that has crimped the stock market has been reversed by a QE move. That is probably bad news for inflation and probably good for the market. What does this mean going forwards? It means tightening is over for quite a while and inflation is unlikely to come crashing down anytime soon. … [Read more...] about Whoops QE: Good News And Bad News

Share to Twitter Share to Linkedin IDK’s creative acumen, his savvy for business, and his thoughtful airs pierce. His inner seas are oceans of song, direction, and rhymes of personal revolution. IDK is a polymath. He performs as musician and manager alike, handling the economics of his artistry, negotiating his deals firsthand. It’s as unusual as it is laudable and difficult. He’s collaborated with The Neighborhood, Saba, KAYTRANADA, Domo Genesis, Young Thug, A$AP Ferg, Denzel Curry , and Bas. Dancing with his right brain, he turns silence into capturing sound. Balancing his left brain, he confers with the powers of bureaucracy, law, and record labels. “Most artists that I meet are focused on the right brain. They tend to struggle a lot. They feel restricted. And there's a tendency to rely on their team or their manager. It’s good to have people like that, but dependence could affect your livelihood because you can't control anyone else,” said IDK. … [Read more...] about Polymath Of Rap, IDK, Applies Both Sides Of His Brain

Share to Twitter Share to Linkedin The USTA's Billie Jean King National Tennis Center in Flushing, New York, hosts far more than tennis. The 46-acre site—home to the U.S. Open since 1978—still embraces all things tennis, but also welcomes a growing mix of events, from the upcoming Westminster Dog Show, Big 3 basketball, Fortnite World Cup Finals and All Elite Wresting. "We could bring in really almost anything imaginable," Chris Studley, the USTA's senior director for event services at the National Tennis Center, tells me. "We love anything." With a 45-year history of hosting tennis in New York, the National Tennis Center hasn't served as a major player in outside events (except for in 2008 when they hosted the WNBA's first-ever outdoor game). That approach changed when the center added a retractable roof on Arthur Ashe Stadium, the largest tennis stadium in the world, in 2017 and followed that up by opening the new Louis Armstrong Stadium, also with a … [Read more...] about USTA’s National Tennis Center About More Than Hosting Tennis

Share to Twitter Share to Linkedin People for the Ethical Treatment of Animals—aka PETA—has a new target: Amazon’s Lord of the Rings show The Rings Of Power. Amazon revealed that a horse suffered cardiac arrest on March 21st ahead of rehearsals on the production. “We are deeply saddened to confirm that a production horse died on 21st March,” an Amazon spokesperson said. “The incident took place in the morning whilst the horse was being exercised prior to rehearsals. The trainer was not in costume and filming had yet to commence. Both a veterinarian and a representative of the American Humane Association were present at the time. The independent necropsy has confirmed that the horse died of cardiac failure.” According to Variety , sources have told the publication that more than 30 horses were being used on the day the incident occurred (the entirety of the Númenorean cavalry, it would seem ) and the horse died while standing with around 20 other … [Read more...] about PETA Compares ‘The Rings Of Power’ Producers To Orcs After Horse Dies On Set

Share to Twitter Share to Linkedin Recently, we interviewed Long Ouyang and Ryan Lowe, research scientists at OpenAI . As the creators of InstructGPT – one of the first major applications of reinforcement learning with human feedback (RLHF) to train large language models – the two played an important role in the evolution of RLHF models and paving the way for GPT-4. Here are some highlights from the conversation. What's the motivation behind InstructGPT? And what are the problems with GPT-3 that inspired InstructGPT? Long Ouyang: I think one of the main issues we’re trying to solve is that when GPT-3 came out there was a lot of excitement about using it to do useful cognitive work, for example, summarizing a news article. Out of the box it’s not exactly designed to do that, it’s designed to predict what someone on the internet might say in a given setting. And it turns out that you can kind of trick the model into performing useful work for you … [Read more...] about Ten Questions With OpenAI On Reinforcement Learning With Human Feedback

Share to Twitter Share to Linkedin Succession is back for its fourth and final season and that makes me both tremendously happy and a little bit sad. Happy to get one more delicious season of family drama, backstabbing and plotting that makes House Of The Dragon almost look tame by comparison; sad that it’s almost over, of course. I could handle a couple more seasons of Succession. In any case, there’s blood in the water. Logan Roy is making his last gambit and the sharks are circling. Who will end up sitting on the Iron Waystar RoyCo Throne? Who will bend the knee? Let’s talk about it. The Revenge Of The Kids When we left off at the end of Season 3, Logan Roy (Brian Cox) had just made a surprise play. After meeting with GoJo creator Lukas Matsson (Alexander Skarsgard) the Roy patriarch decided that now was the time to sell rather than acquire. Matsson would take over both companies—instead of one of Roy’s idiot children—and Logan would walk away … [Read more...] about ‘Succession’ Season 4, Episode 1 Review: Rummage Sale

Share to Twitter Share to Linkedin A researcher tweeted what he called a “fun fact” about the Marburg Virus that’s currently spreading and threatening lives in Tanzania and Equatorial Guinea. But various experts around the world didn’t seem to find what he had posted on Twitter to be too “fun” or provide all of the relevant facts. The Marburg virus itself is certainly not fun. It belong to the same Filoviridae family as the Ebola virus and is similar in many very bad ways. Being similar to Ebola virus is typically a bad thing as few people will tell you affectionately, “I like you. You are kind of like the Ebola virus.” As I described for Forbes in August 2022 , Marburg virus disease (MVD) can have a case-fatality rate of between 24% and 88%, depending on how quickly one can get good medical care. Tanzania has just declared its first-ever MVD outbreak that so far has had eight reported cases and five reported deaths. That was one month after Equatorial … [Read more...] about Researcher Calls 1st Marburg Virus Outbreak A ‘Lab Leak,’ Here’s Why Experts Pushed Back

FILE PHOTO: President Ferdinand “Bongbong” Marcos Jr., during the inauguration ceremony at the National Museum in Manila, Philippines, June 30, 2022. REUTERS/Eloisa Lopez/File Photo MANILA, Philippines — President Ferdinand Marcos Jr. assured Filipinos Tuesday that the government would not import raw products just to stabilize prices in the local market. In a press briefing after his first Cabinet meeting, Marcos Jr. was asked if importing goods like rice, corn, and livestock was meant to stabilize prices. In response, the Chief Executive admitted that while importation is a price stabilization measure, it is not the reason why they will import goods. However, Marcos Jr. said they really want to increase production for the next two quarters. “Importation has been used as a price stabilization measure, I don’t think that is the primary reason for the importation that we’ll do as a matter of fact we are going to try, I think we will do it in the Department of Agriculture, to … [Read more...] about Bongbong Marcos promises no food imports to stabilize prices

Share to Twitter Share to Linkedin A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, it may lead to a procurement bid protest. The Government Accountability Office (GAO) put out a report in 2017, which found that a “flawed selection decision” was one of the top four reasons for successful bid protests - and over 22% of bid protests succeeded that year. So how should procurement officials protect their procurement selection process from bias? Doing so requires a basic grasp of behavioral science research on cognitive biases and how to defeat them . What Do Lawyers Working on Bid Protests Say About Bias? In 2021, the US Congress commissioned a bid protest study at the Defense Department referencing the work of Dr. Christopher Yukins , a professor of procurement law at the George Washington … [Read more...] about Prevent Costly Procurement Disasters: 6 Science-Backed Techniques For Bias-Free Decision Making

Share to Twitter Share to Linkedin The doomsayers who predicted the literal demise of the U.S. restaurant industry after Covid—especially at the fine dining level—proved myopic in the extreme. A new study called the “Agency Forward Restaurant Survey” compiled by Nationwide Insurance, which both insures and advises restaurants on coping with inflation to supply chain issues shows that every segment of the industry has not just survived but in many cases is thriving well past pre-pandemic levels of business. To explain the findings I spoke with Peter McMurtrie, President of Commercial Lines at Nationwide: You say reservations have returned to pre-pandemic levels. Does this apply as much to fast food and chain restaurants (which are mainly walk-in) as with higher end and fine dining? While this research study only focused on fine dining, fast casual and family-style restaurants, recent research as well as our interactions with customers have shown fast food … [Read more...] about The US Restaurant Industry Has Bounded Back from Covid At Every Level From Fast Food To Fine Dining