Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
Working Paper – GPTs are GPTs: An Early Look at the Labor Market Impact Potential of Large Language Models, March 27, 2023. “We investigate the potential implications of large language models (LLMs), such as Generative Pre- trained Transformers (GPTs), on the U.S. labor market, focusing on the increased capabilities arising from LLM-powered software compared to …
Washington Post: ‘The AR-15 thrives in times of tension and tragedy. This is how it came to dominate the marketplace – and loom so large in the American psyche. The AR-15 wasn’t supposed to be a bestseller. The rugged, powerful weapon was originally designed as a soldiers’ rifle in the late 1950s. “An outstanding weapon …
The New York Times. How to Become an Expert on A.I. Part 1 of our weeklong series See also The New York Times – A.I. Is Being Built by People Who Think It Might Destroy Us See also WIRED: AI Loves—and Loathes—Language. “…Deep learning networks may look like brains, but that doesn’t mean they can …
“OpenDream is an innovative AI tool that enables users to generate images easily. With a simple prompt, users can create unique and personalized images quickly. This tool is easily accessible online and offers a wide range of customization options to make your images stand out. Whether you need a quick graphic for a social media …
“this world needs better copywriters for landing pages but till then we have good ol’ gpt-3 to help us out.” Enter a business domain url, and this site will respond with a company summary. Next you can choose to receive an explanation about what the company does, and then maybe even choose to “roast” the …
New York Mag – The Intelligencer: “With the release of tools like DALL-E and ChatGPT, Google — once the presumptive industry leader in artificial-intelligence research — suddenly finds itself playing catch-up. The rise of OpenAI was reportedly a “code red” emergency at the company, which had quietly been working on, but not really releasing, similar …
databricks: “We show that anyone can take a dated off-the-shelf open source large language model (LLM) and give it magical ChatGPT-like instruction following ability by training it in 30 minutes on one machine, using high-quality training data. Surprisingly, instruction-following does not seem to require the latest or largest models: our model is only 6 billion …
Via NBER – Loose Monetary Policy and Financial Instability. Maximilian Grimm, Òscar Jordà, Moritz Schularick & Alan M. Taylor “Do periods of persistently loose monetary policy increase financial fragility and the likelihood of a financial crisis? This is a central question for policymakers, yet the literature does not provide systematic empirical evidence about this link …
Jiang, Erica Xuewei and Matvos, Gregor and Piskorski, Tomasz and Seru, Amit, Monetary Tightening and U.S. Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs? (March 13, 2023). Available at SSRN: https://ssrn.com/abstract=4387676 or http://dx.doi.org/10.2139/ssrn.4387676 “We analyze U.S. banks’ asset exposure to a recent rise in the interest rates with implications for financial stability. The …
The Economist – See the visualization here: “Left-of-centre Americans often bemoan their country’s Senate, in which each state gets two seats regardless of population. This has always given the least populous states extra sway in the upper chamber of Congress. But in recent years, smaller states have become more Republican, and Democrats have called for …
