167 karma · joined January 3, 2020
Is this Nefertiti’s tomb? Radar clues reignite debate over hidden chambers
A new survey hints at a previously unknown space beyond Tutankhamun’s burial chamber.
It seems like if the other side agrees to a deal too easily then Trump doesn't think the deal is good enough. He only likes deals where the other side is getting screwed and has to be coerced into signing.
https://www.nytimes.com/2015/05/05/sports/periscope-a-stream...
https://apnews.com/article/nikola-trevor-milton-fraud-trump-...
You don't say. Newton must have been sick that day.
*** Special AI Seminar (abstract)
It has been widely recognized that AI programs require expert knowledge in order to perform well in complex domains. But knowledge alone is not sufficient for some applications; wisdom is needed as well. Accordingly, we have developed a new approach to artificial intelligence which we call "wisdom engineering". As a test of our ideas, we have written IMMANUEL, a wisdom based system for the task domain of western philosophical thought. IMMANUEL was supplied initially with 200 wisdom units which contained wisdom about such elementary concepts as mind, matter, being, nothingness, and so forth. IMMANUEL was then allowed to run freely, guided by the heuristic rules contained in its heterarchically organized meta wisdom base. IMMANUEL succeeded in rediscovering most of the important philosophical ideas developed in western culture over the course of the last 25 centuries, including those underlying Plato's theory of government, Kant's metaphysics, Nietzsche's theory of value, and Husserl's phenomenology. In this seminar, we will describe IMMANUEL's achievements and internal architecture. We will also briefly discuss our recent efforts to apply wisdom engineering to oil exploration.
Unemployment is low and inflation is falling, but consumer sentiment remains depressed. This has confounded economists, who historically rely on these two variables to gauge how consumers feel about the economy. We propose that borrowing costs, which have grown at rates they had not reached in decades, do much to explain this gap. The cost of money is not currently included in traditional price indexes, indicating a disconnect between the measures favored by economists and the effective costs borne by consumers. We show that the lows in US consumer sentiment that cannot be explained by unemployment and official inflation are strongly correlated with borrowing costs and consumer credit supply. Concerns over borrowing costs, which have historically tracked the cost of money, are at their highest levels since the Volcker-era. We then develop alternative measures of inflation that include borrowing costs and can account for almost three quarters of the gap in US consumer sentiment in 2023. Global evidence shows that consumer sentiment gaps across countries are also strongly correlated with changes in interest rates. Proposed U.S.-specific factors do not find much supportive evidence abroad.