2023-12-17 19:26:01
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#France #Aymeric #Lomprets #column #France #Inter
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Artificial Intelligence and ChatGPT: a little technological stroll
written by Alexandra Hartman Editor-in-Chief
2023-12-17 20:41:43
Artificial intelligence (AI), contrary to what one might believe, is not that recent. It was already emerging in conceptual form in the 1950s, even though the designers of today’s large AI machines were not yet born.
The concept has had time to evolve since then, moving from simple rule systems to current complex models of deep learning. One of the biggest advances in AI in recent years is Chat GPT : a language model developed by OpenAI. Distinguished by its ability to understand and generate text in a contextual manner, Chat
GPT gave rise to a global excitement which put the subject of AI at the center of interests and debates.
What is artificial intelligence?
Artificial intelligence consists of imitate human cognitive functions. We speak of artificial intelligence for a machine capable of learning automatically, solving problems and imitating human reasoning.
Although not visible at first glance, the AI is dmore and more present around us, integrating a very large number of everyday technological objects. From the cell phone to the car, including the mirror or the watch on our wrist, AI continues to occupy space in our lives.
The evolution of AI
The genesis of AI dates back almost three-quarters of a century, in the 1950swhen the concept of machines that might reproduce human cognitive functions appeared.
Over time, significant advances took place with spectacular moments like the victory of the computer AlphaGo over the champion game of Go following the AI had already shown its power once morest the best chess players.
Recently, there have been impressive advances in language models like Chat GPT developed by OpenAI.
The future of AI is of interest to many people today. Some are delighted and see it as a possibility of progress in terms of health in particular, while others are worried regarding ethical and security concerns particularly in the face of man-machine theories.
Focus on ChatGPT: the symbol of AI progress
If in the scientific world, the capabilities of AI were well known, the general public, for their part, discovered a foretaste of what artificial intelligence is with the free provision by OpenAI of its robot on internet: the Chat GPT language model.
Users were amazed by the creative and original answers generated by the online chat program. His contextual understanding allows him to capture the nuances of a conversation and respond coherently. The interactions appear natural and offer a dynamic approach with writing ability high.
Chat GPT applications are varied. His continuous learning allows him to improve,expand your skills and adapt to various areas such as virtual assistancethe script creation or even the development of websites.
An ordinary user can use Chat GPT to write a cover letter, find cooking recipes, summarize a text, translate a textsolve a mathematical problem and many other applications.
Conclusion
In short, Chat GPT is a technological prowess, a clear and tangible demonstration of what artificial intelligence can achieve. It is a step forward full of promise and challenges.
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#Artificial #Intelligence #ChatGPT #technological #stroll
Goldwasser Exchange: Weekly Market Review and Analysis for Investors
written by Alexandra Hartman Editor-in-Chief
2023-12-17 20:32:54
Goldwasser Exchange takes stock of what you need to know to start the week.
Rate markets: the Fed opens the way to several rate cuts
If the end of the year is on the horizon, the macroeconomic agenda remains punctuated by statistics, which should fuel speculation on the next monetary policy decisions of the ECB and the Fed. In this regard, mark in your diary the publication this Friday, December 22 of the Personal Consumption Expenditures (PCE) Price Index in the United States for November. This indicator is one of the data scrutinized by the Federal Reserve (Fed) to define its monetary policy. Its publication takes on a very special flavor following the recent announcements from the Fed. Remember, last Wednesday, while the US central bank decided to maintain its rates, as expected, it also indicated in its new economic projections that its interest rates had probably peaked, paving the way for a reduction in the cost of money in 2024.
This change in tone from the Fed has not gone unnoticed on the bond market. The US 10-year benchmark yield fell, falling below the 4% threshold, returning to its level of last July. The two-year yield, which reflects rate expectations, has fallen back to its level of last June, losing around 30 basis points since the Fed’s press release.
Investors are therefore hoping for good PCE inflation figures. They are also betting on the fact that the consumer confidence index, also published this Friday, December 22, fuels the hypothesis of a soft landing for the American economy. The day before, Thursday the 21st, market players will be able to read the final figures for American growth in the third quarter. A growth which was positively surprising when the latest data on the subject was published.
In any case, the optimism currently observed across the Atlantic on rates contrasts with the situation in Europe, where the ECB has opted to maintain borrowing costs. However, indicators of economic activity at half mast, published on the eve of the weekend, reassured the markets in their expectations of a fall in the cost of money in Europe, from next year. Even if the European Central Bank also has to deal with still high inflation…
10-year sovereign yield 15/12/2023 08/12/2023 03/01/2023 United States 3.914% 4.230% 3.746% Germany 2.019% 2.279% 2.387% Italy 3.719% 4.055% 4.487% Belgium 2.589% 2.869% 3.011%
Primary market: the new Engie, Iliad and Loxam bonds are popular
If activity on the primary market should calm down somewhat in the coming days, in view of the end-of-year holidays, issuers of a certain notoriety have entered the doors of the primary market in recent days. This is the case for Engie, Iliad and even Loxam. Their debt raisings aroused a certain interest on the primary market, but also on the secondary market as illustrated by the clear increase in prices.
Some recently issued bonds Issuer Coupon Maturity Cutoff Size Devise Engie SA 3.875% 06/12/2033 100,000 900 million EUR Iliad SA 5.375% 15/02/2029 100,000 650 million EUR Loxam SAS 6.375% 31/05/2029 100,000 600 million EUR
Currency markets: a temporary weakening of the dollar?
On the foreign exchange market, Norges Bank has stood out in recent days by deciding, once morest all expectations, to raise its main key rate by 25 basis points (to 4.5%) to curb inflation. This announcement had the effect of supporting the Norwegian crown once morest a euro weakened by indicators confirming the contraction of activity in the euro zone.
The dollar was also under pressure, depressed by the prospect of a rate cut next year in the United States. But this bout of weakness should only be temporary. Indeed, according to Bloomberg, a growing number of strategists believe that the dollar will surprise in 2024, by strengthening, because the American economy will prove more resilient than other major economies.
Currencies in sight 15/12/2023 08/12/2023 02/01/2023 EUR/USD 1,0895 1,0763 1,0668 EUR/GBP 0,8594 0,8578 1,2048 EUR/JPY 154,87 156,02 130,74
Equity markets: towards the end of the year marked by new records?
The prospect of a rate cut in the United States next year, the signs of a slowdown in inflation across the Atlantic, the monetary status quo of the ECB… So many elements which have pushed investors towards assets at risk and brought certain indices, such as the Cac 40 in Paris, the Dax in Frankfurt and the Dow Jones on Wall Street, to new historic highs.
Performance of stock indices as of 12/15/2023 Index Over the past week Year-to-date Over one year Euro Stoxx 50 +0.58% +19.92% +19.60% CAC 40 +0.93% +17.35% +17.73% BEL 20 +1.04% +0.85% +2.04% Nasdaq Composite Index +2.85% +41.54% +38.38%
No record, however, in Brussels, where the Bel 20 index is still far from its historic record. It might perhaps benefit in the future from the inclusion of Syensqo, the new company bringing together the now separate specialty chemicals activities of Belgian chemist Solvay. Introduced on the stock market last Monday, Syensqo has since gained 13.5%. The action should gain visibility by entering the Bel 20 index this Monday, December 18.
A week to forget as quickly as possible, on the other hand, for the professional software publisher Oracle, which reported quarterly results lower than consensus, which fueled some concern among investors. The stock has lost more than 10% since publication from the press release on December 11.
The entire Goldwasser Exchange team wishes you a good week.
Sunday December 17, 2023 – 9:52 p.m.
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#Fed #tune #Engie #Iliad #primary #market #dollar #recover
Upshur County Winter Weather Advisory: Snow, Wind, and Travel Warnings
written by Alexandra Hartman Editor-in-Chief
2023-12-17 20:47:33
CHARLESTON — Upshur County is under a winter weather advisory that runs from 1 p.m. Monday through 10 a.m. Tuesday morning.
Rainy weather Sunday is expected to transition to snow Monday followingnoon, with accumulations of up to 5 inches possible by the time the system moves out Tuesday. High winds are also expected, according to the National Weather Service.
“Snow expected [with] total snow accumulations of 2 to 5 inches,” the winter weather advisory says. “Winds gusting as high as 35 mph.”
The National Weather Service warns the winter weather might make travel difficult during the Monday evening and Tuesday morning commutes.
“Travel might be very difficult,” the NWS advises. “The hazardous conditions might impact the morning or evening commute. Slow down and use caution while traveling.”
The timing of the transition to snow should occur sometime Monday.
“Snow showers, possibly mixed with rain, becoming all snow following 4 p.m. [Monday],” according to the NWS. “Temperature falling to around 33 by 5 p.m.”
The snow should taper off by noon Tuesday, although temperatures remain cold, with a high of just 32 and a low of 18 degrees on Tuesday. Things are expected to warm up into the mid-40s for the rest of the week.
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#Winter #storm #expected #bring #inches #snow #West #Virginia