TL;DR
- The New York Fed’s yield curve model now puts the likelihood of a recession at 58%, the highest it’s been since 1982
- Google CEO Sundar Puchai has joined the call for greater regulation of AI, seeing both the disruptive potential and the capacity for misuse
- Elon Musk has also weighed in further to the AI debate, saying that the current language models like ChatGPT have inherent bias and political correctness and that he’d like to create his own version – “TruthGPT”
- Top weekly and monthly trades
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Major events that could affect your portfolio
It’s now been almost a year since a large number of high profile CEOs, economists and financial commentators started predicting that a recession is on the cards.
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