ChatGPT – a recently released AI with the uncanny ability to mimic human writing – has passed some of America’s most challenging professional exams, studies have shown, raising concerns it could soon put many white collar workers out of a …
via realclearinvestigations: Cast as a milestone in what the New York Times recently termed an “anticapitalist” march through America’s elite business schools, Wharton’s move parallels the advance of what critics call “woke capitalism” in boardrooms, already illustrated in the vast majority …
Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, joins CNBC’s “Squawk Box” to explain why the Fed might be under pressure to taper faster.
via wharton: The kinds of loose-to-nonexistent mortgage requirements leading up to the financial crisis are not exactly making a comeback. But today some loans are brushing up close to the post-crisis regulatory lines meant to prevent a repeat performance. That …
via knowledge.wharton: One of the great ironies of the 2008 financial crisis is that it was sparked by a product created from a historically safe investment asset: residential mortgages. In the past quarter century, delinquency rates of single-family home mortgages hovered below …