Is it any wonder that only human intelligence that could generate such diversity of opinions about anything and AI is no exception? I doubt AI itself could generate (not replicate) such diversity of opinions. AI will never surpass HI. So, why fear when HI could exploit AI for the good of human kind. Perhaps my only fear is that HI might be lost because humans become too lazy to think.đ¤
Bill Gates Says Calls to Pause AI Won't Solve Challenges
I think there are no better alternative. Rate hikes are thought to reduce spending through borrowing and encourage saving with high interest. But risk is that it might disrupt businesses leading to recession or stagflation. This is just very general theory. In the real world, if the people can afford they will spend. Just that there will be a tipping point where price increase has to slow down. I am just a novice but I think experts cannot be absolutely sure as well.
Another new low! when will the correction be over? when the inflation deflated and recession averted? no one knows when but it will surely come as always [Bless]
S&P 500 Tumbled to New Low for 2022, As All Sectors Dipped Into the Red