"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs

What AI Doesn't Know - And Why It Matters Authored by Richard Porter via RealClearPolitics, Artificial intelligence has taken the wired world by storm, but the backlash came almost as fast. Progressives complain of job losses, environmentalists question the ecological impacts of huge data centers, and local activists are clamoring for assurances that household utility bills won’t skyrocket because of the centers’ voracious electricity requirements. Others simply worry that the technology will overwhelm humans’ ability to control it. At least in part, these reactions stem from the overselling of AI. AI is super...

Overeducated Liberals With Worthless Degrees Are DSA's "Sweet Spot" Voter Nate Silver identifies lower-income, highly educated voters as the core demographic of the Democratic Socialists of America, revealing a striking breakdown in the traditional relationship between education and higher income. "Income and education are usually positively correlated. But sometimes the relationship breaks down. What's the most Democratic voting group in America? People with post-graduate degrees but lower-to-middle incomes," Silver wrote on X. In today's newsletter, I argue this is the sweet spot for the DSA. DSA members are *very* college-educated (80% BA+)...

Mayor Sadiq Khan Claims London Devolving Into A Sh*thole Is Just AI-Driven Rage-Bait Authored by Steve Watson via Modernity.news, London Mayor Sadiq Khan has claimed that the decline of the city is a myth and that it’s all just lies being spread by MAGA supporters, Russia, and China through AI-generated content. In a fresh escalation of his war on inconvenient truths, Khan pointed to a surge in online posts highlighting anti-immigration realities, claiming foreign actors and Trump backers are behind it. He insists the dystopian image of lawless streets and cultural erosion...