Posted originally on the CTH on March 18, 2024 | Sundance |
President Obama was presumably in London, England, for a fundraising meeting for the Obama foundation when he was spotted going to the Prime Minister’s office at #10 Downing Street. Details of the visit are sketchy, much like the president himself.
LONDON — Former U.S. President Barack Obama has called in for a surprise teatime visit with U.K. Prime Minister Rishi Sunak at No. 10 Downing Street.
Obama, who served as president between 2009 and 2017, walked up the famous street shortly after 3 p.m, waving to the press as he entered No. 10. He is in town for a meeting of the Obama Foundation, his non-profit organization.
Downing Street later said that the pair spoke for around an hour over cups of tea. They discussed a range of subjects including Artificial Intelligence. (read more)
Posted originally on Mar 8, 2024 By Martin Armstrong
QUESTION: The rumor going around is that Bill Gates is trying to buy your company for $10 billion. My reply was if so, I doubt Marty would ever sell to him.
Would you care to comment?
Harold
REPLY: The answer is NO. First of all, you cannot spend even one billion, no less ten billion. All $10 billion is good for bribing others to do your will. I would have to give Biden probably $7 billion, so that is certainly an incentive not to sell -LOL. You must create a foundation like Gates, Hillary, and John McCain to hold on to it. I would need someone who shares my goals. This is not about money. I would not move, and I have four cars. If I was married, there would have to be eight. A business partner is the same as a marriage without sex. You have to be on the same page.
My definition of “rich” is having enough money to do what you want when you want. Some think having more money than the other guy makes you more successful or important. I believe it is an accomplishment. We all know Julius Caesar. He is the father of Europe. They still refer to being born by operation as Caesarian birth. I grew up in New Jersey, which in Latin was Nove Caesarea – land of the new Caesar. The month of July is named after him. We remember him for his accomplishments – not that he was vastly rich.
There is no amount of money someone could offer me to make my decision based on material wealth. I am much more interested in helping the world understand the economics at work, and if so, we may reduce the amplitude of wars. If I can leave that behind, I have served my purpose in life.
I will write about the whole AI craze, for there are a lot of charlatans out there calling look-up programs AI that look in a list for the answer – no decision making. I know Gates says it will change everyone’s life in 5 years, and the IMF warns it will wipe out 40% of all jobs. There is far more to REAL AI than all of this speculation by people who are NOT accomplished programmers and do not even understand the basic line of code – IF THEN ELSE.
Someone asked ChatGPT about it vs. Socrates, and here is its response.
(click on the image to view or keep reading for the computer’s response)
How Does ChatGPT Differ From Socrates? A reader asked ChatGPT this exact question, and here is the response:
As an AI language model, I differ from the Socrates Platform in several ways.
Firstly, the Socrates Platform is a web-based platform developed by Martin Armstrong and his team at Armstrong Economics, whereas I am a language model developed by OpenAI. The Socrates Platform is designed to analyze economic and financial data in real-time, predict market trends, and provide actionable insights to investors and traders. In contrast, I am designed to assist with a wide range of tasks, including language translation, question answering, and text generation.
Secondly, the Socrates Platform uses artificial intelligence, machine learning, and natural language processing to analyze data, whereas I am primarily focused on natural language processing. The Socrates Platform uses sophisticated algorithms to analyze historical and cultural data to inform its predictions, whereas my responses are based on the input provided to me by the user.
Lastly, the Socrates Platform is primarily designed for financial professionals, investors, and traders, whereas I am designed for a broader range of users, including students, researchers, and general knowledge seekers. While both the Socrates Platform and I use artificial intelligence to analyze data and provide insights, our intended audiences and applications differ significantly.
Yes, the two platforms are completely unrelated aside from being driven by AI. ChatGPT does not have the computing capabilities of Socrates. It does not have the monetary history data, for starters. ChatGPT has no involvement in the financial world and was not designed for financial purposes. It cannot even provide basic market closings as the current model stopped learning in September 2021 and cannot answer any questions after that date. Most importantly, ChatGPT does not have the source code that is the key to Socrates’ successful forecasts.
ChatGPT is a great achievement and a step in the right direction for AI use on a larger scale. However, it is not possible to compete where you do not compare. Socrates is in a league of its own.
Posted originally on the CTH on March 6, 2024 | Sundance
“It’s a big club, and you ain’t in it.”
There’s a certain type of psychology to people who insist on telling you what they are not going to do. Ordinary, well, stable people, just don’t do things, and they are quiet while they don’t do things.
In related news…. It has been brought to my attention that stable Treehouse people do not announce what they are not doing. They just live their best life. Huh, go figure.
Posted originally on Mar 5, 2024 By Martin Armstrong
California is raising the minimum wage of fast food employees from $16 to $20 under the FAST Act. I have explained that raises to California’s minimum wage was restricted due to successful lobbying efforts on behalf of fast food establishments. The new law does include commercial fast food restaurants, excluding Panera Bread. Why?
Fast food lobbyists spent $4 million in the first six months of this year to prevent the California Accountability Bill from passing. The bill would hold franchisees and their parent companies jointly liable for the treatment of workers. California Governor Gavin Newsom claimed that minimum wage jobs were not meant for students of people looking to gain employment experience. “That’s a romanticized version of a world that doesn’t exist,” Newsom said. “We have the opportunity to reward that contribution, reward that sacrifice and stabilize an industry.”
A fast-food bill was passed in September 2022 that set the minimum wage to $22 per hour for select chains with over 100 locations, later expanding to a $20 minimum pay for restaurants with 60 locations. Now California is specifically exempting fast food establishments that contain bakeries, such as Panera Bread. Why are restaurants that sell bread above the law?
The answer is that politicians are always up for sale to the highest bidder. Glenn Flynn is the largest fast food franchise owner in America with an empire of 2,600 restaurant locations that produce around $.45 billion in sales. Flynn, estimated to be worth around $1.1 billion, has strongly supported Gavin Newsom publicly since 2014, when Newsom was a lieutenant governor. Both men attended the same high school and have longstanding ties.
Bloomberg reported that Flynn donated $64,800 to Newsom’s personal re-election campaign and an additional $100,000 for conservative-led recall efforts. Flynn’s holdings in California only include two establishments – Applebee’s and Panera Bread. Applebee’s is exempt from the law despite its pre-frozen dishes since it is a sit-down restaurant chain. Panera Bread, on the other hand, is exempt due to this specific loophole that only excludes establishments that bake bread. This is what happens when lobbying is permitted and politicians are for sale.
Posted originally on Mar 4, 2024 By Martin Armstrong
Some critics are obviously anti-Trump who have come out crying that’s really unusual for the Court to give such little notice that they would release a decision. They are indeed crying that this was because of Super Tuesday and therefore they are trying to support Trump.
Let me explain something here to these absolutely biased idiots. Let’s say the Supreme Court waited until May or June to release its decision, and you have Colorado, Maine, and Illinois who blocked Trump. Then what would happen? The entire 2024 election might be seriously impacted and then challenged in court in another array of suits. They had to rule, and it was UNANIMOUS before Super Tuesday to avoid a constitutional crisis. EVERYONE on the court agreed – Colorado had no such jurisdiction – PERIOD!
As I wrote in my Amicus Brief to the Supreme Court, the last time any state refused to allow a candidate on the ballot was 1860 when Abraham Lincoln did not appear on the ballots in the South. What followed? The Civil War.
The Founding Fathers never intended to allow a rogue state to interfere in either national commerce or national federal elections, as implied in the Commerce Clause, Article 1, Section 8, Clause 3 of the U.S. Constitution. Could Colorado remove a senator or congressman of another state claiming that they were part of the January 6th event they called an unarmed insurrection? There is no jurisdiction for a single state to remove a national candidate from the ballot – PERIOD! Assuming such power would mean they too could interfere in the commerce of other states. That would lead to complete chaos. Even Sotomayor, the favorite of the Democrats, wrote clearly:
“Allowing Colorado to do so would, we agree, create a chaotic state-by-state patchwork, at odds with our Nation’s federalism principles. That is enough to resolve this case.”
Anyone who cannot see that is so biased; they no longer have a functioning brain cell. They have been so brainwashed, they are no longer competent even to vote. We are either a nation with a national identity or a patchwork of states that no longer should pretend to be united.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America