Tag Archives: real

Commercial real estate a ‘manageable’ problem but some banks will close: Powell

Commercial real estate a ‘manageable’ problem but some banks will close: Powell

Federal Reserve chair Jerome Powell is predicting that more small banks will likely close or merge due to commercial real estate weaknesses, but that the problem is ultimately “manageable.” The central bank official made this point during a 60 Minutes interview that aired Sunday night. It was Powell’s first comments about the industry following a new bout of turmoil cascading through the stocks of many regional banks. “I don’t think there’s much risk of a repeat of 2008,” Powell said,… Source link

Read More »

Declining inflation is increasing real wages

Declining inflation is increasing real wages

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: This week’s Chart of the Week features an excerpt from our latest Chartbook, a mammoth Yahoo Finance project in which dozens of economists and strategists send us a key chart and say why it’s important. We’ve been featuring them in editions of our Morning Brief newsletter all week. The almost three dozen charts and explanations tell the story of a strong market and… Source link

Read More »

Google’s Lumiere brings AI video closer to real than unreal

Google’s Lumiere brings AI video closer to real than unreal

Google’s new video generation AI model Lumiere uses a new diffusion model called Space-Time-U-Net, or STUNet, that figures out where things are in a video (space) and how they simultaneously move and change (time). Ars Technica reports this method lets Lumiere create the video in one process instead of putting smaller still frames together.  Lumiere starts with creating a base frame from the prompt. Then, it uses the STUNet framework to begin approximating where objects within that frame… Source link

Read More »

Google News searches ranked AI-generated ripoffs above real articles — including a Post exclusive

Google News searches ranked AI-generated ripoffs above real articles — including a Post exclusive

Business exclusive details By Thomas Barrabi Published Jan. 22, 2024, 4:26 p.m. ET Google News searches turn up AI-generated articles that brazenly steal from legitimate media outlets – and The Post has already identified at least one such ripoff of its own published work. Late last week, The Post tested Google News by searching for recent articles about Federal Trade Commission nominee Melissa Holyoak and sorting the results by most… Source link

Read More »

Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

There’s nothing more detrimental to the productivity of a workplace than watching trusted colleagues get escorted out of the building amid a mass reduction in force. And with that vibe currently playing out in Big Tech, experts warn job cuts could damage the very fabric of these once-untouchable highly creative institutions. “I think these companies got carried away with overhiring, and they were not careful, and they just hired willy-nilly, and now they’re facing huge layoffs,” Bill George,… Source link

Read More »