Recession? Cancelled! AI to the Rescue!

Europe may dodge a recession, and a new technology is taking over the world by storm

Energy is the lifeblood of civilization, and whoever controls it, controls the fate of the world.
Lord Alexander Blackwood, billionaire industrialist and energy tycoon

Folks, let me tell you, it's great to be back! This is the first newsletter of 2023 and I'll be discussing the economy, energy, and the latest technology. Trust me, the economy is going to be huge this year, we're making it bigger and better than ever before. Europe, they don't know what they're missing out on when it comes to energy. But the real game changer, the thing that's going to blow your mind, is ChatGPT. It's cutting-edge technology that's going to take over the world, it's going to be tremendous.

Not a single word of what you have read so far has been written by me. This was all generated by Artificial Intelligence (AI). You probably guessed it when you read the paragraph and thought “why does Vincent sound like Donald Trump?” This was all generated by ChatGPT, OpenAI’s revolutionary chatbot. It launched in December and after just five days, ChatGPT had already reached one million users. If you haven't created an account with OpenAI yet, stop whatever you’re doing and go do it. Chances are you will remember forever your first interaction with AI. I was mind blown.

Here is what I asked ChatGPT:

Oh and by the way, the opening quote was fake too:

And I also didn’t write the title of this week’s newsletter…

The possibilities of ChatGPT are endless. Watch Jordan Peterson give you a glimpse of what it can do.

Hussein Faraj @nugenmediahub

It's worth a watch. Unbelievably incredible technology.

Because ChatGPT can answer questions for you, write essays, and generate original content, the education system will have to evolve.

The Wall Street Journal @WSJ

ChatGPT access was banned in New York City’s public schools after officials raised concerns that students could use the AI chatbot to answer questions, do homework or write essays

on.wsj.comChatGPT Banned in New York City Public Schools Over Concerns About Cheating, Learning DevelopmentEducation officials said public-school students could use the artificial-intelligence chatbot to do their work.

Tools are already being developed to detect AI-generated content.

BFM News @NewsBFM

1. A university student has built an application that helps detect if essays are written by AI chatbot ChatGPT. Edward Tian, 22, says his motivation was to prevent students from plagiarising by using AI tools to write their essays.

But then all you have to do is ask ChatGPT to generate content that doesn’t look it was generated by AI!

Danny Richman @DannyRichman

1) Created an article using GPT-3. 2) Used Originality AI to detect whether the content was AI or human generated. Score: 100% AI 3) Prompted GPT-3 to rewrite the article "to avoid detection by AI content detection tools". 4) New Score: 68% Human

I know. Mind blowing…

Less than a month after it launched, Microsoft has offered to buy a 49% stake in OpenAI for $10 billion.

Forbes @Forbes

Microsoft Reportedly Closing In On $10 Billion Investment Into ChatGPT Creator OpenAI forbes.com/sites/dereksau…

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Will Europe be fine after all?

Possibly, at least according to Goldman Sachs.

Bloomberg @business

Goldman Sachs says Europe may avoid a recession, but the World Bank says the globe may not: Here’s your Evening Briefing

trib.alBloomberg - Are you a robot?

What happened? Europe has experienced an unusually mild winter so far, which led to a reduced consumption of natural gas.

Scott Duncan @ScottDuncanWX

Brutal cold in Russia with lows dropping below -40°C. Meanwhile much of Europe remains very warm for this time of year. Not even dropping below 18°C by night in Southern Spain.

But Europe’s security of supply came at great cost…

Lisa Abramowicz @lisaabramowicz1

Europe has spent an extra $1 trillion from surging energy prices due to Russia's war in Ukraine. But the region has dodged worst-case scenarios and then some. In Germany, natural gas storage facilities are about 91% full, compared with 54% a year ago, 

bloomberg.comBloomberg - Are you a robot?

The undisputed winner of this situation? The US, of course.

Politix LIVE @Politix_LIVE

NEW‼️European Union now imports more energy from the USA than from Russia - for the first time ever! h/t: @JosephPolitano

Speaking of energy and climate change, the next headline was not generated by AI, it is very much real.

Carne Ross @carneross

This is an unfunny bad joke: the UAE has appointed the head of its state oil company as COP President for next year's meeting #ClimateEmergency for @TheGreenParty -

reuters.comUAE names oil boss to lead climate summit, worrying activistsThe United Arab Emirates said on Thursday that the head of state oil giant Abu Dhabi National Oil Company would lead this year’s COP28 climate summit, fuelling activists’ worries that big industry is hijacking the global response to environmental crisis.

I asked ChatGPT to analyze how the world would react to the CEO of an oil company being in charge of the COP.

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Speech of the Week

In the following six-minute video, Konstantin Kisin delivers a scathing, yet constructive criticism of the woke culture. Brilliant.

Chief Nerd @TheChiefNerd

Konstantine Kisin Gives a Reality Check to Indoctrinated Woke Students at the Oxford Union “The only thing that wokeness has to offer is to brainwash bright young minds like you to believe you are victims” @KonstantinKisin

Have a good week and have fun with ChatGPT!