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Transcripts For CNN Smerconish 20240707



premiums all up. the cost of food consumed at home rose nearly 12%, food away from home, 7.4%. the gasoline index has increased 48.7%. the average national price of a gallon of gas this week, is at $5, highest in california at $6.42. trying to stem inflation, the fed said it will raise interest rates by three quarters of a percentage point, the biggest hike since 1994. new projections show interest rates may hit 3.4% by the end of the year, but because inflation is rising far faster than any of those rates, any money in savings is still being eroded. there s also a spade of layoffs adding to investor fears. cnn reports two u.s. real estate companies that had flourished in the pandemic announced layoffs of 8 and 10%. coin base laid off 18% of its staff. spotify plans to reduce hiring by 25%. elon musk, who already said he wants to lay off 10% of the tesla staff, is now intimating that if he acquires twitter, job cuts could follow. meanwhile, meanwhile, you ve got the jan ....

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Transcripts for CNN Smerconish 20240604 13:33:00

Creature. unfortunately what s going on is lamda is reading words in a query and then statistically and lysing 1.6 trillion words it s been trained on in dialogue form and then coming up with an estimation of what s the next best thing to say. so it s saying things that are very persuasive. it s very different from other chat bots but it s not alive. there s no once you ask it a question, it answers it and then it s down. it s got no sense of self or the world around it. it has no common sense. if you asked it today is beautiful, the sky is blank and it would say blue, not because it knows what blue is. it doesn t and doesn t know what a beautiful day is, but it knows those words show up statistically close together in its vast data base. so, it so it spits out something that you want to hear. most of the exchanges ....

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