Money

ChatGPT may be new but artificial intelligence has a long history

Published

3 years ago

May 1, 2023

Scientists and philosophers have been working on a ‘second brain’ for decades

From the heartless Tin Man in the Wizard of Oz, to the humanoid robot in Metropolis; science fiction has brought artificially intelligent robots to life.

In the 1950s, some of the world’s brightest minds were already using artificial intelligence as part of their vocabulary.

John McCarthy was among the first computer scientists to coin the term: artificial intelligence.

McCarthy and two dozen other men came together at a Dartmouth workshop in New Hampshire for a conference on artificial intelligence.

“I started my work on artificial intelligence in ’56, although I became interested in it before that, in ’49,” he said.

Computers began to store more information and boast a speed like never before. Dr Stefan Popenici from Charles Darwin University is a leading voice on artificial intelligence.

He said the technology is hardly new. “It’s not new. Artificial intelligence came as a formula in 1956,” he said.

Dr Popenici has published a book on the implications of the adoption of artificial intelligence in higher education.

He said open source artificial intelligence like ChatGPT have become a concern for researchers in the education sector.

“This is just one of the many serious challenges associated with the exponential advancements of AI in the last years, and universities have to find now the energy and will to articulate efficient and sustainable solutions for education and society,” he said.

In the 1980s, artificial intelligence was expanding its algorithmic toolkit and receiving more funding.

By 1997, reigning world chess champion and grand master Gary Kasparov was defeated by IBM’s Deep Blue.

In the same year, speech recognition software was implemented on Microsoft Windows computers.

“AI is not only the subject of a new hype but also stirs profound cultural, educational, and economic changes with significant medium and long-term impacts.

“We know that all technological revolutions come with winners and losers, and institutions of education must now make a set of choices that will decide where they will stand in the near future,” Dr Popenici said.

Money

Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

Published

2 days ago

January 21, 2026

Harvey Vargas

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USMarkets #WallStreet #TrumpTariffs #GlobalMarkets #USDebt #Europe #Davos #Ticker

Money

Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Published

3 days ago

January 20, 2026

Harvey Vargas

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#GoldRally #SafeHaven #InvestingTips #FinancialMarkets #GoldPrices #GlobalEconomy #MarketUpdate #TickerNews

Money

Markets edge higher as 10-year yields hit new highs

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

Published

4 days ago

January 19, 2026

Harvey Vargas

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.

The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.

Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #FinanceNews #TreasuryYields #FederalReserve #TechStocks #SmallCaps #InvestingTips #MarketUpdate