{"id":11877,"date":"2023-05-28T01:05:00","date_gmt":"2023-05-28T07:05:00","guid":{"rendered":"https:\/\/www.zmetro.com\/?p=11877"},"modified":"2023-05-28T08:59:12","modified_gmt":"2023-05-28T14:59:12","slug":"5-28","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=11877","title":{"rendered":"5.28"},"content":{"rendered":"\n

DRAKON is a visual language<\/a> from the aerospace industry for representing algorithms, processes, and procedures. The goal of DRAKON is to make procedures easy to comprehend.<\/p>\n\n\n\n

Some context is warranted. First, the statement that SVB and SBNY were the second and fourth biggest bank failures is only true if we do not adjust for inflation or scale the failures relative to GDP<\/a>. Once we take inflation into account and also the size of the bank\u2019s deposits relative to GDP, we find that Depression-era failures were substantially bigger.<\/p>\n\n\n\n

The former Union Bank building in the heart of San Francisco\u2019s financial district<\/a>, located at 350 California Street, was auctioned off last week. The winning bid was $65 million, roughly 75 percent less on a per-square-foot basis than comparable building sales from just before the pandemic. <\/p>\n\n\n\n

Behind the scenes<\/a> is China\u2019s reluctance to forgive debt and its extreme secrecy about how much money it has loaned and on what terms, which has kept other major lenders from stepping in to help. On top of that is the recent discovery<\/a> that borrowers have been required to put cash in hidden escrow accounts that push China to the front of the line of creditors to be paid.<\/p>\n\n\n\n

Kinzer wrote that commentary for The Boston Globe<\/em>; I suspect The New York Times<\/em>, his old employer, wanted no part<\/a> of his heresy. You can commonly find that sort of thing on Substack or Twitter, but only rarely does it slip past the goaltenders of our national media. Which brings me to the full-page advertisement<\/a> just published in the print New York Times <\/em>\u2014 print only! \u2014 that calls on the United States to work to end the war as quickly as possible through diplomacy.<\/em>Signatories include several high-ranking U.S. military officers, Ronald Reagan\u2019s former U.S. ambassador to Moscow Jack Matlock, and the ubiquitous Columbia University economist Jeffrey Sachs.<\/p>\n\n\n\n

\u201cWe are still training Ukrainians how to fly our F-16s that will be shot down by Russia as soon as they get into the war zone<\/a>. The mainstream press is dedicated to Biden and the war and Biden is still talking about the Great Satan in Moscow while the Russian economy is doing great. Putin can stay where he is\u201d\u2014in power\u2014\u201cdespite his failure to wipe Ukraine off the map as an independent state. And he thought he would win the war with just one airborne division\u201d\u2014a sardonic reference to Russia\u2019s failed effort in the first days of the war to seize a vital airport by parachuting in an attack force.<\/p>\n\n\n

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A lot of people are misunderstanding my poing about ChatGPT and #AI<\/a> in general.
I am not saying it is useless. All I am saying is that it is no replacement for & no threat to *real* experts.<\/p>\n

\u2014 Nassim Nicholas Taleb (@nntaleb) May 22, 2023<\/a><\/p>\n<\/blockquote>\n