Posts Tagged ‘Microsoft’

The Economy? None of Your Business

Wednesday, February 28th, 2024

By Bob Gaydos

My “smart” TV

My “smart” TV. RJ Photography

   So the very smart TV made an unscheduled stop the other night on one of those “business” news shows with a bunch of well-dressed, middle-aged men and younger women talking to each other about money. I think. 

    They were talking about the day on Wall Street and they all sounded very smart, like the TV, but, I don’t know, maybe something got lost in the translation for me.

     What I can recall of their stream of consciousness conversation that day went something like this: “Nvidia … AI … Magnificent Seven … Tesla … Earnings … Inflation … Nvidia … Kathy Wood … Tesla … Fed … Rates … AI … Microsoft … Shorts … Inflation … Techs… Bubble… AI … Nvidia … Fed … Tesla … Apple … Trillion … Inflation … Fed … Nvidia … Over-Priced … Tesla … AI … China … Apple … Nvidia … Price Target… Shorts … Rates … Inflation … Amazon … Fed … Techs… Index… AI … Dow … Tesla … Kathy Wood … Nvidia … Google … Shorts … Inflation … Earnings… Recession … Fed … AI … META … Index … Fed … Nvidia.”

     That’s pretty accurate, I think. So it sounds like something to do with money, right? But not the economy because that word was never mentioned. Well, maybe someone said “consumer” one time in a passing remark on inflation.

     The thing is, they all seemed to understand each other and mostly agreed with each other, especially about Nvidia and Tesla and AI and Kathy Wood. But after listening, I wasn’t sure how the economy was doing or even what stock I should buy or sell, if I were in the market to do so and maybe couldn’t afford Nvidia. Or maybe I couldn’t afford not to afford Nvidia.

      Confused, I looked around and heard pretty much the same conversation on every TV business show, so I figured they got paid to talk to each other about Nvidia and inflation, but weren’t interested in telling me anything useful. Certainly not about business.

       Luckily, I finally found the “I-know-every-stock-out -there” savant, Jim Cramer, whose message, as usual, was clear: “Buy! Buy! Buy!” or “Sell! Sell! Sell!” But don’t trade Apple. Still. Oh, and the economy’s doing fine.

       There’s something quietly reassuring about being talked to directly, rather than eavesdropping on some private conversation. Especially about money.

      Smart TV take note.

rjgaydos@gmail.com

      

Artificial Ethics and Artificial Intelligence

Sunday, November 26th, 2023

       By Bob Gaydos 

Justice Clarence Thomas … the reason for the Supreme Court’s new code of conduct.

Justice Clarence Thomas, the reason for the code.

     There used to be a regular newspaper feature called “Ripley’s Believe It Or Not,” which some younger people might not be aware of, given (1.) the rapid disappearance of community newspapers across the country, but (2.) there are still about 20 museums of the same name scattered across the United States in tourist areas, from New York to Los Angeles, although (3.) the ones in Atlantic City and Baltimore have permanently closed, presumably because of economic factors, not the absence of unusual stories people might have trouble believing, or, in this era of “fake news,” simply accepting as true, which would be the case with (4.) the U.S. Supreme Court making a big deal recently about finally adopting a code of ethics for the nine justices, who hitherto have been bound only by their own sense of morality in rendering opinions, unlike all other judges in the country, the code being a step the high court took only because of real news stories about (5.) Justice Clarence Thomas getting expensive gifts, vacations, education expenses for a young relative, all from individuals with issues coming before the court and (6.) his wife, Ginny, being financed by ultra-conservative groups as she actively fought the phony Trump fight to undo the legitimate 2020 election results, (7.) which did not stop her hubby from sitting in court and hearing cases about the legitimacy of the “stop the steal” campaign, apparently not seeing any conflict of interest, which was the most glaring, but not only, reason for a need for a code of ethics for the justices, which would be legitimately good news if it were, well, real, which (8.) it is not because there is no official process for an individual citizen to file a complaint nor any clear way given for justices to enforce the code among themselves, relying strictly on each justice’s own, ahem, sense of honor to recuse him or herself from a case in which there could be a conflict of interest or to avoid accepting expensive favors or doing anything else that could cast doubt on the court’s independence, all of which (9.) argues for Congress to set some legitimate ethics standards for the justices, given its power of approval of appointments to the court and control of its budget, two factors which apparently didn’t matter (10.) to the geniuses at OpenAI, the makers of the artificial intelligence product ChatGPT, when the non-profit board that governs the for-profit company (a system set up supposedly to protect against greed driving the new technology into dangerous territory) voted (11.) to fire Sam Altman, the genuine brain behind OpenAI and the company’s chief executive, a decision that was unexpected and laid to Altman not being fully forthcoming with the board, but not even AI could predict that (12.), in less than a week, Altman would be back as the boss of OpenAI and the nonprofit board of directors had been replaced by a whole new board, a development that was inevitable when Microsoft, sensing a way to dominate AI, quickly hired Altman after his firing and the next top Open AI executive and a bunch of employees all quit, also being hired by Microsoft, leaving the non-profit board with pretty much nothing to direct, so the members resigned and Altman and everyone else came back to OpenAI, signaling (13.) a victory for greed over prudent concern and (14.) giving more credence and urgency to the Biden administration’s creating a team to study how to deal with artificial intelligence before it’s too late and the whole human race winds up (15.) as an exhibit in an AI robot-built version of Believe It or Not.

    It’ll be big on AI Tik-Tok.

Bob Gaydos is writer-in-residence at zestoforange.com.