If you’re an iPhone user looking for a virtual assistant with a little more personality, the Call Annie app might be just what you need. Developed by ChatGPT, this free app features a female digital avatar who can chat with you about anything from the weather to your upcoming schedule. Powered by artificial intelligence (AI), Annie can also act as a tutor, problem-solver, or companion, depending on your needs. With its realistic facial motions and speedy responses, the app gives Annie a surprisingly human presence — although you won’t mistake her for a real person. To use the video call mode, you’ll need an iPhone 12 or later model, but audio calls will work on older devices as well. If you’re looking for a new virtual friend to chat with, why not give Call Annie a try?
Artificial Intelligence
Regional Bank Stocks Plummet as First Republic Failure Sparks Investor Concerns
Regional Bank Stocks Plummet as First Republic Failure Sparks Investor Concerns
PacWest falls more than 20% as regional bank stocks slide to new lows
Regional bank stocks saw their losses for the week deepen as investors digest the failure of First Republic. The California-based bank was not the only regional lender under pressure. Shares of Western Alliance dropped 15%. The SPDR S&P Regional Banking ETF (KRE) sank 6.3%. The steep declines deepened losses in the sector from Monday. Over the weekend, regulators seized troubled regional bank First Republic and sold it to JPMorgan Chase. First Republic is the third failure of a large regional bank this year, following Silicon Valley Bank and Signature Bank in March.
The reasons for Tuesday’s declines were not immediately clear. JPMorgan Chase CEO Jamie Dimon said Monday that the initial phase of the regional bank crisis was “over,” and there was cautious optimism among Wall Street analysts that the deposit flight issues had been contained. First Republic reported a decline in deposits of about 40% during the first quarter, raising questions about how the bank could survive on its own. Most other regional banks reported smaller deposit declines, however, and some, such as PacWest, reported that deposits began rebounding in late March.
First Republic Bank Failure Sparks Concerns for US Banking System and Economy
The recent collapse of First Republic Bank has sparked concerns about the stability of the U.S. banking system and its impact on the broader economy. With nearly $230 billion in assets, the bank’s failure marks the second-largest bank collapse in the nation’s history, highlighting vulnerabilities in the banking industry. Moreover, U.S. banks are facing unrealized losses of up to $1.7 trillion due to economic uncertainty. The commercial real estate industry poses a significant risk to regional banks, with small and regional banks accounting for 80 percent of the $3.1 trillion in commercial mortgages. As remote work gains popularity, office buildings have lost value, leading to an increased likelihood of defaults. Market selloffs and bank runs could further threaten the stability of the U.S. banking system, as evidenced by the 2.4 percent dip in the exchange-traded fund for regional banks such as First Republic. Meanwhile, JPMorgan’s stock rose 2.3 percent on Monday.
Elon Musk Warns of Looming Recession Based on Data from His Companies
Elon Musk, the serial entrepreneur and CEO of companies like Tesla and SpaceX, has issued a dire warning about the state of the U.S. economy. According to Musk, data from his various companies indicates that the country is already in a “mild recession,” with the potential for things to worsen in the near future. While some may argue that Musk’s lack of formal economic training disqualifies him from making such predictions, he maintains that his unique position as a business leader allows him to accurately gauge the pulse of the economy. In particular, he has been critical of the Federal Reserve’s monetary policy, which he believes is weakening the economy and risking a potential recession. Despite the uncertainty surrounding the economy and its future, Musk believes that entrepreneurs like himself can serve as compasses for both consumers and policy makers, helping to guide the country through these challenging times.
First Republic Bank Reports 100B in Deposits Pulled During Crisis as Large Banks Step in to Save the Day
First Republic Bank Reports $100B in Deposits Pulled During Crisis as Large Banks Step in to Save the Day
Depositors at First Republic Bank pulled more than $100 billion in deposits out of the bank during last month’s crisis, according to the bank’s first quarter results. Fears swirled that it could be the third bank to fail in the wake of the collapse of Silicon Valley Bank and Signature Bank. However, a group of large banks stepped in to save the day by depositing $30 billion in uninsured deposits in First Republic. The bank’s profits fell 33% from a year earlier and revenues were down 13%, signaling the impact of the crisis. Nevertheless, with the help of other large banks, First Republic was able to prevent further damage and look to the future of the banking industry in the midst of uncertain times.
Enhancing ChatGPT Performance Effective Prompt Engineering Techniques
Enhancing ChatGPT Performance Effective Prompt Engineering Techniques
Many users struggle to use ChatGPT effectively due to poor prompts. To improve results, employ prompt engineering techniques such as few-shot standard prompts, role prompting, adding personality, and chain of thought prompting.
- Introduction: The Challenge of Using ChatGPT Effectively Due to Poor Prompts
- Boosting ChatGPT Performance: The Power of Prompt Engineering Techniques
- Few-Shot Standard Prompts: A Guide for Guiding ChatGPT
- Role Prompting: How to Instruct ChatGPT to Assume Specific Roles
- Enhancing ChatGPT Performance with Personality and Chain of Thought Prompts
Few-shot standard prompts involve providing examples of the desired task, helping guide the model to the correct output. Including random labels from the label space can also help improve results. Role prompting instructs the model to assume a specific role, such as a hiring manager or language tutor. Start prompts with “Act as a…” and provide sufficient detail for the model to adopt the desired role. Adding personality to prompts involves incorporating style and descriptors to adjust the tone and formality of the output. This can result in a more engaging and unique text. Chain of thought prompting encourages the model to provide intermediate reasoning steps before giving the final answer. This can lead to more accurate results, especially for arithmetic, commonsense, and symbolic reasoning tasks.
Elon Musk Plans to Create Maximum TruthSeeking AI with Chatbot TruthGPT to Counter OpenAI and Google
Elon Musk has announced his intention to create a chatbot called TruthGPT, which he describes as a “maximum truth-seeking AI”. Musk plans to counter the offerings from OpenAI and Google, and to create an AI that is more focused on “understanding the universe” than on manipulating public opinion or causing “civilizational destruction”. Musk has previously been critical of OpenAI, accusing them of training AI models to be politically correct and becoming “closed sourced”. He has also expressed concerns about the power of AI and the potential dangers it poses to humanity. While it’s not clear what Musk’s exact plans are for TruthGPT, he has recruited former DeepMind employee Igor Babuschkin to work on the project. As TechCrunch notes, Musk doesn’t need to create a cutting-edge product to make an impact, as he has billions of dollars at his disposal. It is also worth noting that TruthGPT may be a temporary project name, as OpenAI has applied for a trademark for the term “GPT”.
The Week in AI ChatBots Multiply and the Quest for Maximum TruthSeeking Continues
The world of AI is fast-moving and constantly evolving, with new developments and technologies emerging every day. This week saw multiple stories that caught the attention of industry experts and observers alike. One such story involved ChatBots multiplying at an alarming rate, with new models and iterations being released regularly. However, not all of these models are equal in accuracy or reliability, as evidenced by the recent report on ChatGPT’s inaccuracies in Chinese dialects compared to English. Another example of the technical flaws that are still present in generative AI can be seen in Hugging Face’s conversational AI, HuggingChat, which has been found to give inconsistent and even bizarre answers to basic questions. Despite these challenges, there are renewed efforts to improve text-generating AI, such as Nvidia’s NeMo Guardrails, which aims to make AI safer and more reliable through open-source code and documentation. As the quest for maximum truth-seeking in AI continues, it is important to remain vigilant and aware of the limitations and biases that still exist in these systems.
Hackers Target ATT Email Accounts to Steal Cryptocurrency What You Need to Know
Hackers are targeting AT&T email accounts with the intention of stealing cryptocurrency, and it’s important for users to be aware of this threat. The attack involves accessing the victim’s email account and then using that access to hack into their cryptocurrency exchange’s account. According to an anonymous source, the hackers are able to do this because they have access to a part of AT&T’s internal network, which allows them to create mail keys for any user. AT&T email users are at risk for cryptocurrency theft, and it’s crucial to take steps to protect your cryptocurrency. This article covers the mechanics of the attack, the reasons AT&T email users are vulnerable, and offers advice on how to secure your email account and recover your cryptocurrency if it has been stolen.
