ChatGPT gets an upgrade; creator saying it’s even more powerful

Revelations 13:14 “…by the signs that it is allowed to work in the presence of  the beast it deceives those who dwell on earth…”

Important Takeaways:

  • ChatGPT 2.0: Creator of AI bot that took world by storm launches even more powerful version called ‘GPT4’ — and admits it’s so advanced it could ‘harm society’
  • It can pass law exams with results in the top 90% – huge jump on its earlier model
  • OpenAI said in a blog post: ‘We’ve created GPT-4, the latest milestone in OpenAI’s effort in scaling up deep learning.
  • ‘GPT-4 is a large multimodal model (accepting image and text inputs, emitting text outputs) that, while less capable than humans in many real-world scenarios, exhibits human-level performance on various professional and academic benchmarks.
  • The bot can now accept inputs in the form of images as well as text, but still outputs its answers in text, meaning it can offer detailed descriptions of images.
  • The ability to accept images means that users can now prompt ChatGPT with screenshots and other media
  • According to analytics firm SimilarWeb, ChatGPT averaged 13 million users per day in January, making it the fastest-growing internet app of all time.

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Dow loses over 600 points at its opening on Wednesday leaving many to wonder if crisis can be contained

Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.

Important Takeaways:

  • Dow dives over 600 points as Credit Suisse selloff injects fresh unease into markets
  • US stock futures sank Wednesday as worries about Credit Suisse’s financial health revived fears over banks.
  • The Swiss bank’s shares plunged 22% in Zurich after its top investor ruled out further support.
  • Dow futures fell as much as 600 points premarket as the worries dented US investor sentiment.
  • “Investors are now trying to guess which might be the next domino to fall, both in the US and outside it,” IG Group’s chief market analyst Chris Beauchamp said.
  • “Contagion is on everyone’s lips, and at present it is too tough to say whether the crisis can be contained effectively,” he added.

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Space Force official warns China and Russia deploying weaponized satellites to target US satellites like GPS

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • China, Russia deploying space weapons to attack U.S. satellites, warns Space Force chief
  • China’s military has deployed 347 satellites, including 35 launched in the past six months, to target U.S. forces in a future conflict, the commander of the Space Force told a Senate hearing
  • Space Force Gen. B. Chance Saltzman said Russia is also testing and deploying orbital anti-satellite weapons, extensive cyber capabilities and land-based anti-satellite missiles, electronic jammers and lasers.
  • The Chinese military also has several types of ground-launched missiles capable of hitting orbiting satellites.
  • A third space weapon of the Chinese is orbiting satellites that can grab and crush vulnerable craft from hostile nations.
  • China’s more advanced space warfare weapons pose “the most immediate threat” to attacks in space
  • Both “are intent on targeting perceived U.S. vulnerabilities and eliminating American advantage in the space domain,” the four-star general told a Senate Armed Services subcommittee on strategic forces hearing Tuesday

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Soaked California hit by another Atmospheric River causing 16 major rivers to flood

Luke 21:25 ““And there will be signs in sun and moon and stars, and on the earth distress of nations in perplexity because of the roaring of the sea and the waves

Important Takeaways:

  • The latest storm put nearly 27,000 people under evacuation orders due to flooding and landslide risks and caused 16 major rivers in the state to overflow.
  • On the Pajaro River a broken levee caused by a similar storm on Friday was again overwhelmed, flooding farms, roads and submerging the entire town of Pajaro and forcing thousands of residents to flee.
  • Damaging winds with speeds of 70 mph blew out windows, and there were numerous reports of falling trees.
  • Power outages hit more than 330,000 utility customers in northern and central areas, according to poweroutage.us, which tracks outages nationwide.
  • Atmospheric rivers can carry up to 15 times the volume of the Mississippi River, according to the National Oceanic and Atmospheric Administration.
  • In 2019, an atmospheric river nicknamed the ‘Pineapple Express’ hit California. The water vapor from near Hawaii brought rain, triggered mudslides and forced motorists to swim for their lives.
  • In 2021, an atmospheric river dumped a month’s worth of rain on British Columbia in two days, prompting fatal floods and landslides, devastating communities and severing access to Canada’s largest port.

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$42 Billion withdrawn from SVB in a single day enabled by digital banking

Revelations 18:9-11 “The kings of the earth who committed fornication and lived luxuriously with her will weep and lament for her, when they see the smoke of her burning, 10 standing at a distance for fear of her torment, saying, ‘Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.’  11 “And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore

Important Takeaways:

  • SVB collapse was driven by ‘the first Twitter-fueled bank run’
  • The massive amount of customer withdrawals that led to the collapse of Silicon Valley Bank had all the hallmarks of an old-fashioned bank run, but with a new twist befitting the primary industry the bank served: much of it unfolded online.
  • Customers withdrew $42 billion in a single day last week from Silicon Valley Bank, leaving the bank with $1 billion in negative cash balance, the company said in a regulatory filing. The staggering withdrawals unfolded at a speed enabled by digital banking and were likely fueled in part by viral panic spreading on social media platforms and, reportedly, in private chat groups.
  • “YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW,” Jason Calacanis, a tech investor, wrote on Twitter Sunday. “THAT IS THE PROPER REACTION.”

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Gordon Chang sounds the alarm of China’s increased preparations

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword

Important Takeaways:

  • China’s War Warnings
  • Xi Jinping appointed what is now known as his “war cabinet” in October, at the Communist Party’s 20th National Congress;
    • he is implementing the largest military buildup since the Second World War;
    • he has been trying to sanctions-proof his regime; and
    • He is mobilizing the civilian population for war.
  • Communist Party cadres, for example, are taking over privately owned factories and converting them from civilian to military production.
  • In the latest move, China’s regime is establishing National Defense Mobilization Offices across the country. The Reservists Law went into effect the first of this month.
  • Whatever China’s intentions… this cannot end well. The problem is complacency. Xi Jinping and Qin Gang, whatever they are doing, are establishing a justification to strike America — and they are making preparations to do so.

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A Merger of Humans and Machines could be closer than you previously imagined

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • ‘Technological singularity’ by 2045? Futurists predict point where humans, machines become one
  • …the “singularity” refers to a hypothetical point in time at which the development of artificial general intelligence (AGI) – that is, AI with human-level abilities – becomes so advanced that it will irreversibly change human civilization.
  • Brain implants as the first stage
    • Elon Musk’s company Neuralink is seeking permission from the Food and Drug Administration to begin human trials for its BCI technology
    • Neuralink hopes to help paraplegic people walk and blind people see again. But beyond these goals are other ambitions.
    • Musk has long said he believes brain implants will allow telepathic communication, and lead to the co-evolution of humans and machines. He argues that unless we use such technology to augment our intellects, we risk being wiped out by super-intelligent AI.
  • According to Ray Kurzweil, a futurist and former Google innovations engineer, humans with AI-augmented minds could be thrown onto the autobahn of evolution – hurtling forward without speed limits.A
    • Kurzweil theorizes…the part of the brain thought to be responsible for “higher functions” such as sensory perception, emotion and cognition – is a hierarchical system of pattern recognizers which, if emulated in a machine, could lead to artificial super-intelligence.
    • He predicts the singularity will be with us by 2045, and thinks it might bring about a world of super-intelligent humans
  • The final frontier is between our ears

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Uncertainty running through the Financial Market as stocks slump for Charles Schwab

Charles Schwab

Revelations 18:9-11 “The kings of the earth who committed fornication and lived luxuriously with her will weep and lament for her, when they see the smoke of her burning, 10 standing at a distance for fear of her torment, saying, ‘Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.’ 11 “And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore

Important Takeaways:

  • Charles Schwab leads US financial sector wipeout
  • The Texas-based financial services corporation’s stock slumped by more than 20% during Monday trading, representing the company’s worst one-day sell-off since April 2000.
  • Schwab is ranked eighth among US banks by assets, with $7.05 trillion in client funds and 33.8 million active brokerage accounts at the end of last year. Some analysts say it is unlikely that Schwab will face a run like SVB did, due to its robust liquidity.
  • The selloff of Schwab’s stock was triggered by recent failures in the US banking sector, with three lenders going bust in less than a week.

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Investors looking for stable assets as Gold hits record high in Japan

Ezekiel 7:19 “They shall cast their silver in the streets, and their gold shall become abhorrent; their silver and their gold shall not be able to deliver them in the day of the wrath of the Lord; they shall not satisfy their souls, or fill their stomachs, for their iniquity has become a stumbling block.”

Important Takeaways:

  • Retail price of gold in Japan hits all-time high of $67 per gram
  • The retail price of gold in Japan has hit an all-time high of 9,000 yen ($66.94), according to data released by one of the country’s largest producers and sellers of precious metals, Tanaka Kikinzoku, on Monday.
  • The record price was fixed amid investors’ growing interest in stable assets following the bankruptcy of one of America’s largest banks, Silicon Valley Bank.
  • On March 10, the California Department of Financial Protection announced the bankruptcy of SVB, the 16th-biggest lender in the United States. It served mainly employees in the technological sector and companies financed with venture capital. It became the largest bankruptcy of a US bank since the 2008 financial crisis as estimated by the CNN TV channel.

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‘Rich Dad, Poor Dad’ Robert Kiyosaki says the current situation is a perfect storm

Revelations 18:9-11 “The kings of the earth who committed fornication and lived luxuriously with her will weep and lament for her, when they see the smoke of her burning, 10 standing at a distance for fear of her torment, saying, ‘Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.’ 11 “And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore

Important Takeaways:

  • Credit Suisse shares fall to all-time low as bank announces it has found ‘material weakness’ – just hours after Wall Street expert predicted that it would be the next to fall after SVB
  • Credit Suisse shares fell five percent to an all-time low in early trading on Tuesday after the bank confirmed material weaknesses and an $8billion loss in 2022, just hours after a financial expert claimed it would be the next institution to fall following SVB.
  • Last night, Robert Kiyosaki – a metals investor and author of Rich Dad, Poor Dad who accurately predicted the 2008 fall of Lehman Brothers – warned during an appearance on Fox Business, that ‘the problem’ is the bond market, and that Credit Suisse – the eighth largest investment bank in the world- was most vulnerable.
  • ‘My prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse because the bond market is crashing. The bond market is much bigger than the stock market. The Fed is up and they’re the firemen and the arson,’ he said.
  • On Tuesday morning, Credit Suisse published its annual report which revealed an $8billion loss for 2022.
  • Today, Credit Suisse said the ‘weaknesses’ were down to a ‘failure to design and maintain an effective risk assessment process to identify and analyze the risk of material misstatements’.
  • Kiyosaki… said the current situation is the ‘perfect storm’, with an entire generation of boomers looking to retire.
  • He is also concerned about Biden’s plan to ‘print more fake money’ and inject it into the ‘sick economy’

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