Gold prices reflect a shift in paradigm – Part I

President Trump has threatened to “blow up” the “whole country” of Iran if Tehran doesn’t agree to a deal that he is demanding it sign, as the very fragile ceasefire appears to be on the verge of collapsing. Trump made the comments in an interview with Fox News reporter Trey Yingst. “I just spoke with […]

Secretary of War Pete Hegseth on Wednesday boasted of the “death and destruction” the US military can rain down on Iran, as reports say that US and Israeli airstrikes have killed over 1,000 Iranian civilians in just four days. Hegseth said at a press briefing that the US and Israel should soon have “complete control […]

How Will AI-Driven Automation Actually Affect Jobs? Authored by Alex Imas and Soumitra Shukla via Ghosts of Electricity, One of the most widely cited findings in AI policy comes from a 2023 paper by Eloundou, Manning, Mishkin, and Rock titled “GPTs are GPTs.” The title is a nice double meaning: the paper studies how general-purpose technologies (GPTs) powered by large language models (also GPTs) may reshape the labor market. The headline finding is that around 80% of U.S. workers could have at least 10% of their tasks affected by LLMs, and...