They don't.
If you want to address issues like America's mass shooting epidemic or annual 20,000+ gun-related suicides, thoughts and prayers won't work.
Here's what happens when a country prioritizes prayer first and foremost.
They don't.
If you want to address issues like America's mass shooting epidemic or annual 20,000+ gun-related suicides, thoughts and prayers won't work.
One of the top-20 banks in the US collapsed this weekend, producing a catastrophic effects on startups and technology companies.
This is a developing story. Updates might be posted as news flows in.
Banks in US invest the money that customers put in there. How much can they invest? If you give them $10, they could invest $9 of it. This is called Fractional Reserve Banking. This system is not a problem if the investment is sound, but if the investment is not sound AND a bunch of customers try to cash out at the same time, then the bank has no money to give back. When the bank has no money to give back, it's a liquidity crisis.
Silicon Valley Bank (SVB), which is the goto bank for most startups and venture capital, invested a huge proportion with the belief that interest rates would come down. When the Feds didn't do that, they were stuck holding a lot of bad bets. All the money was tied up in these bad bets.
I’m hearing that many VCs are advising founders to keep no more than $250,000 of funds in SVB. Here’s what USV told founders in an email:
Keep “only keep minimal funds in cash accounts at SVB,” that is, funds of up to $250,000. “SVB is in a severe cash crisis”
— Kate Clark (@KateClarkTweets) March 9, 2023
Concern among founders and VCs investors was palpable last week after Silicon Valley Bank surprised the market by announcing Wednesday it needed to raise $2.25 billion in stock. On Thursday, Peter Thiel asked many of his portfolio companies to withdraw their money out of the bank, and the shares were down another 62% in premarket trading Friday before they were halted. Regulators then shut down the bank and said the FDIC would protect insured deposits. But these insured deposits are unto 250K, so what happens to companies that have millions of fundraised dollars stuck in it? Some experts seem to think the Feds caused this problem but not sticking to the "transitory inflation" case.
In summary: Fed lied, banks died.
They said rates would stay low.
The government sold bonds on that premise.
Then they suddenly hiked rates.
Crushing existing bondholders.
This is how the Fed caused the unrealized losses that led to SVB's insolvency. And maybe that of other… https://t.co/BlmZxrD2xV pic.twitter.com/LZtWpPVnOO
— Balaji (@balajis) March 12, 2023
Others believe the SVB made really bad bets and taxpayers should not bail them out.
The venture capital community basically created a run on SVB, says Unlimited CEO Bob Elliott www.youtube.com
Come Monday, we will find out if there are other suitors that are able to buyout SVB.
This newly, innovative chatbot has been the talk of the town, read on to see how it will change the way we view communication.
This is a response to "We Need To Put Our Health Before Anything Else".
We are encapsulated by our digital world. More conversations are happening over texts, snapchats, tweets, Instagram DMs, and Facebook messages rather than in person. One would think that we have had enough and seen it all but we seem to only test the boundaries further. A lot of people, including myself, are looking for a digital detox. A mental health exercise that allows us to ditch our digital devices and flee to the living world around us for an escape. We try and escape reality with our technology but now we need the latter. We immerse ourselves in our devices to get away from the world when in true actualization we need to be doing the opposite. We need to be escaping the digital lull and get back to simpler living.
But as time ticks on, we continue to revolutionize the way we communicate and connect as the modern society we are. ChatGPT continues to prove that theory.
ChatGPT is part of a larger model of machine learning known as Large Language Models (LLMs). What do LLMs do may you ask? They take in large quantities of data and infer the connection of words within the text. The power of the LLMs system increases as computational power grows and datasets gain more knowledge.
So what can ChatGPT do? The user will type a prompt like "What is the best tasting coffee?" and the system will generate a response to that question. You can ask it questions, to write poems, type an essay or get it to give someone a general statement. But be warned, Chat GPT is going off artificial intelligence and not common sense. It recognizes patterns in texts but could be faulty with error.
Currently, 100 million monthly users use the platform with 30 million people using ChatGPT daily. Right now it is free to use, but, if one wants a faster chat experience they offer a paid version. People in the business world are utilizing this software for all sorts of uses like customer service, content creation, and much more.
It is neat to see how far we have come with technology but we warned, ChatGPT is still a product of our obsession with technology. Take time to be creative and come up with your own stories, thoughts, and ideas. A chatbot will never replicate a human mind.
If you want try ChatGPT, check out the link here!
It’s time to reevaluate the effects of TikTok on its young audience.
This is a response to “TikTok Sparks Growing Concern in the US Over Harmful Effects on Students”
I think that while TikTok has been great for many young people for many different reasons from learning about political issues to having a platform to voice certain injustices, it is also important to evaluate the negative effects of TikTok on its impressionable audience.
In its entirety as a video sharing platform, TikTok has been a great outlet for teenagers to let out some emotions and build an online community. With these positive effects, teenagers on TikTok are able to align their political views further, they are able to curate a sense of style that fits them and they are given a source of inspiration/entertainment.
Although, there are negative aspects that also prevail in light of all the positive ones. TikTok is notorious for silencing creators speaking about important issues, it tends to push out negative hashtags (about body image, bullying, and other issues that are important to teenagers, especially teenage girls), and it also has been a great medium for pushing out the polarizing views of both political sides.
Hate on TikTok is sometimes uncontrollable and certain creators are targeted for mistakes that they made years ago, sometimes rightfully so but also not all the time. TikTok is so harsh that creators often have to quit the app and take a break as their mental health is on a downward spiral. As an app, TikTok has also played a role in blindsiding people to believe that only one side is right at all times.
Overall, impressionable teens flock to an app like TikTok because it is enticing to say the least. Although, at such a young age, teens are unsure of online decorum and the proper handling of issues on social media. In order for TikTok to be better for its audience, the app has to re-evaluate some of its foundational aspects and make safety towards teenagers their top priority.
And the levels of surveillance they are able to achieve
Chinese spy balloons are becoming an increasingly prevalent tool for surveillance in this region. The balloons can remain airborne for long periods of time, allowing for remote monitoring of large areas with ease. Using advanced imaging technology, the balloons are capable of quickly collecting vast amounts of data. This data can then be used to track the movements of people and vehicles on the ground, as well as monitor the activities of individuals and groups. While this technology has been used to great effect in the past, it has raised concerns of privacy and surveillance among many in the region. It remains to be seen how this technology will shape the future of the region and how it will be received.
Its all fun and games until an F22 shoots a balloon down
One Montana resident said: I live in a region where the Chinese spy balloons now roam the skies. When I heard about their presence, I was concerned about the implications of their increased surveillance. Not only did it feel like I was being constantly watched, but I also worried about the security of my data, which could potentially be harvested by the Chinese government. With the increased surveillance, I'm more conscious of my online activities and movements, making sure that I'm not doing anything that could be perceived as suspicious by an outside observer. I'm also more aware of the impact this surveillance has on my community, as it further erodes our sense of privacy and autonomy. It's a reminder that even in a time of increased global connectivity, the US is not immune to the risks associated with increased surveillance by foreign agencies.
The response to the increased surveillance has provoked strong reactions from both citizens and officials alike. It remains to be seen how this conflict will play out, but it is clear that the tension between US and China is high and the stakes are even higher.
They're in the news every day. We can't stop hearing about them.
Above. Way up above. High up in the sky.
You might see something frightening to the eye,
One of the spy balloons, hovering beyond the clouds.
Or an Unidentified Flying Object, making its rounds.
They're getting shot down, taken down left and right,
It's to protect us, we're told, so they're knocked out of sight.
For the safety of citizens, on the ground or in the air.
But so little information, so many questions, like Where?
Where do they come from? Why now?
Why so many consecutively? How?
What are they doing? What's their mission?
Should we be alarmed, or is it a fearless expedition?
Are they all from the same place?
Could they be from outer space?
Balloons and UFOs, they may make great rhymes,
But they also prove, we live in interesting times.
Songs About Being 17
Grey's Anatomy Quotes
Vine Quotes
4 Leaf Clover
Self Respect
1. Brittany Morgan, National Writer's Society
2. Radhi, SUNY Stony Brook
3. Kristen Haddox, Penn State University
4. Jennifer Kustanovich, SUNY Stony Brook
5. Clare Regelbrugge, University of Illinois Urbana-Champaign