Compute Costs More Than Talent In AI

The Republican-controlled House and Senate rejected a war powers vote that would have granted Congress the ability to decide whether Trump could continue serving Israel’s conflict with Iran. Apparently 77% of Republicans have fallen for the propaganda that Iran is a terrorist state developing nuclear weapons. The same Republicans fell for 9/11, Saddam Hussein’s “weapons […]

How The World Added Decades To Life Expectancy The average person today can expect to live far longer than someone born in 1960, regardless of where they live. This chart, via Visual Capitalist's Bruno Venditti, tracks life expectancy at birth across four World Bank income groups. While high-income countries still have the longest lifespans, the biggest gains have come elsewhere. Upper-middle income countries have added more than three decades to life expectancy, while low-income countries have made substantial progress as well. The data for this visualization comes from World Bank via FRED. It...

US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3 With 'hard data' trending weaker, today's preliminary July PMIs offer the first glimpse at whether the reignition of the Iran War is weighing on 'soft' survey sentiment in the US economy. The data was mixed (as always) with Manufacturing disappointing while Services accelerated more than expected: Flash US Manufacturing PMI: 53.8 (June: 53.9). 4-month low. Flash US Services PMI Business Activity Index: 53.6 (June: 51.2). 8-month high. “US businesses reported a good start to the third quarter," said Chris Williamson, Chief Business Economist at...