Google Will Join the AI Wars, Pitting LaMDA Against ChatGPT

MOUNTAIN VIEW, CALIFORNIA – FEBRUARY 02: A sign is posted in front of an office at Google headquarters on February 02, 2023 in Mountain View, California. Google parent company Alphabet reported lower-than-expected fourth quarter revenue with net income $13.62 billion, or $1.05 per share, compared to $20.64 billion, or $1.53 per share, one year ago. … Read more

Beware ChatGPT Trying to Teach Your Kids Math … or Anything

Will it get more accurate? Yes, but it’s hard to say by how much. The large language model underpinning ChatGPT is made up of 175 billion parameters, which are settings that are used to make the model’s predictions, versus the 1.5 billion that its predecessor GPT-2 had. It’s become accepted wisdom in AI that the more … Read more

‘Am I crazy?’ I’ve paid my fiancée rent for 9 years and spent $10,000 improving her home. She’s also listed on my health insurance. What should I do?

I have a situation that is causing a lot of issues in my relationship. We have been dating for 17 years, have lived together for close to nine years and have been engaged for six.  When I moved into her house, we agreed I would pay $600 a month in rent. Over the years, I … Read more

Opinion: The limit for 401(k) contributions will jump nearly 10% in 2023, but it’s not always a good idea to max out your retirement investments

The federal government will allow you to save nearly 10% more for retirement in 2023. But it’s not likely that many will take advantage of the tax break. The simple reason: Most people don’t make enough money to save more from their paychecks.  The average amount that participants contribute is 7.3% of their salary, according … Read more

Democrats release Trump’s tax returns, and CPAs have questions: ‘In order to generate these kinds of losses, you need to be super rich. It’s not a poor man’s game.’

The nonpartisan committee’s findings also raised several red flags related to the filings, namely Trump’s carryover losses, loans to his children that may or may not also be considered taxable gifts, and deduction-related tax write-offs.  That year, as the COVID pandemic hit, the Trumps reported a loss of $4.8 million. For 2018 and 2019, the … Read more

Opinion: The stock market is range-bound over the short term. Don’t expect that to last long.

The U.S. stock market, as measured by the S&P 500 Index SPX, +1.75%, has struggled this week overall, during what is typically a seasonally bullish period. That is what Yale Hirsch termed “the Santa Claus rally” 60 years ago. It covers the time period of the last five trading days of one year and the … Read more

Tesla’s stock drop has been bad. But this company has hurt investors even more.

Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it the 11th-worst performing stock in the S&P 500 in 2022. “As bank savings account interest rates, which are guaranteed, start to approach stock market returns, … Read more

Russia Is Feeling the Pain of Europe’s Oil Embargo

Meanwhile, Europe isn’t scrambling for crude. Russia’s invasion of Ukraine, which has stoked inflation, including for food and energy, has undermined European economies to the point where, as I suggested back in early November, the world can easily handle the loss of Russian barrels, at least for now.

Opinion: There’s a strong possibility that the bear market in stocks is over as investors have given up hope

A contrarian case can be made that the stock market rally since the October lows is the beginning of a new bull market. That’s because the criteria for “capitulation” that I laid out in previous columns have been met. Capitulation occurs when investors give up because of despair, the last emotional stage of bear market … Read more