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originally posted by: Thoughtful2
a reply to: nugget1
I am struggling on whether to watch it myself as well. I've read and seen enough to be convinced that they are doing this.
People were quite disturbed and emotional from the viewing. Some couldn't make it through.
President Trump's tweet with the misspelling of children. He knew.
Chidlren
Why does everything center around Wuhan?
Rising interest rates, losses on commercial real estate and heightened regulatory scrutiny will pressure regional and midsized banks, leading to a wave of mergers, sources told CNBC.
Some of those pressures will be visible as regional banks disclose second-quarter results this month. Firms including Zions and KeyCorp already have warned of sinking revenues.
Half the country's banks will likely be swallowed by competitors in the next decade, according to Fitch analyst Chris Wolfe.
“Some of these banks will survive by being the buyer rather than the target," said incoming Lazard CEO Peter Orszag. "We could see over time fewer, larger regionals.”
Customers could take all of their money out of a bank in a second, resulting in an instantaneous bank run with no time for the government to intervene. FedNow is set to launch with a $500,000 per-transaction limit, which should help limit severe bank runs but that may not be low enough to prevent devastating runs on smaller banks.
bankers estimate that values of less desirable office buildings – those that are less well located, require refurbishment, or have lost their anchor tenants – have dropped by as much as two-thirds.
As a result, they fear that this commercial property crisis will be even worse than in the 2008 financial crisis, as reduced demand for office space collides with soaring interest rates and falling property values.
2023 is proving to be one of enormous transformation for digital identity across the globe. Country after country is moving towards digital ID to access public and private sector services.
Digital ID will be a game changer for all businesses and other bodies and organisations that will come to accept and rely on digital ID as the primary way for their customers to access their services. It has vast potential for good in society and for businesses.
The European Union (EU) selected Deutsche Telekom, Telefonica and Vodafone Germany to run field trials designed to develop digital ID functions and improve the security of biometric technology.
Under the project, the EU said it had set-up a consortium consisting of the trio of mobile operators, which will be responsible for testing EU biometric-powered digital identity wallets in 19 countries on behalf of the EU.
Countries included in the trial include: Germany; Austria; France; Poland; Greece; the Netherlands and Ukraine.
European Commission president Ursula von der Leyen said the new digital identity will be “one that we trust, and that citizens everywhere in Europe can use to do everything from pay taxes to rent a bike. A technology with which we ourselves can control what data is used and how”.
Up to 5,000 government services in Kenya can now be accessed through digital means after President William Ruto launched a dedicated platform dubbed ‘Gava Mkononi’ in fulfillment of a promise he made last year to accelerate the country’s digital innovation efforts. Gava Mkononi is a local expression meaning ‘government on touch.’ At the launch of the platform at the Kenyatta International Convention Center in Nairobi, Ruto also directed two cabinet secretaries to make sure the process to issue digital IDs begins within the next 90 days.
Spain just marked the largest operational market in Europe for Sam Altman’s Worldcoin, following the project’s expansion in the country.
Worldcoin decided that Spain should be the next market to gain access to its World ID — a privacy-preserving Proof of Personhood protocol.
In addition, the team at Tools For Humanity (TFH) teamed up with two of the largest and most notable tech associations — Tech Barcelona and Adigital.
Spain became one of the biggest and most important markets for Worldcoin.
The country has shown a massive interest in the AI sector, and ever since 2020, it has marked impressive progression in developing it.
The country is well on its way to becoming the heart of the AI industry in the European Union.
However, with the advances in AI also came the need to easily verify what online activity comes from humans, and what is the result of the AI traffic.
This is where Worldcoin and its World ID enter the picture.
World ID is a global identity protocol that relies on Proof of Personhood credentials to allow humans to prove their uniqueness online.
It is a tool that lets humans stand out from the AI traffic, and it launched in Madrid a little over a year ago.
Since then, over 150,000 Spanish citizens have signed up for it, and the project’s user base is growing by additional 20,000 users per month.
As a result, Spain has become the fastest-growing market for Worldcoin in Europe.
The goal is simple and modest: To create a system that will, eventually, freely distribute tokens to all eight billion people on the planet, as a form of universal basic income (UBI). But because the rise of AI will make it tricky to figure out who is human and who’s a digital fake, San Francisco-based Worldcoin first needs to create a system that lets people -- all people, across the globe -- prove that they are in fact human beings.
The goal is simple and modest: To create a system that will, eventually, freely distribute tokens to all eight billion people on the planet, as a form of universal basic income (UBI). But because the rise of AI will make it tricky to figure out who is human and who’s a digital fake, San Francisco-based Worldcoin first needs to create a system that lets people -- all people, across the globe -- prove that they are in fact human beings.
To do this, they invented a physical device called “The Orb” that can scan your eyeball. The goal is for The Orb to eventually scan every eyeball of every human who walks the Earth. And at some point, if all goes well, everyone will have access to open-source and decentralized financial tools.
If Worldcoin was the brainchild of some random crypto bro, maybe it could be laughed away as a delusion of grandeur. But the project has real intellectual heft. It was co-founded by Sam Altman, the CEO of OpenAI (creator of ChatGPT), who’s arguably the most central player in the development of AI. Altman suspects that the world will change forever if -- or when -- AI becomes so advanced that it achieves AGI, or Artificial General Intelligence, meaning it truly surpasses the abilities of humans.
You can now check out the Orb at two addtional US locations:
thecanvasglobal in Wynwood, Miami
The Brass Factory in Brooklyn, New York
The U.S. Marine Corps is without a confirmed leader for the first time in a century as Gen. David Berger stepped down as commandant on Monday and a Republican senator is blocking approval of his successor.
Berger took over as the 38th commandant in July 2019, and is required to leave the job after four years. Gen. Eric Smith, currently the assistant commandant, has been nominated to be the next leader, but will serve in an acting capacity because he hasn't been confirmed by the Senate.
Smith's promotion delay is the first of what could be many top-level military officers held up by Senator Tommy Tuberville, a Republican from the southern state of Alabama. Tuberville has stalled all nominations for senior military jobs because he disagrees with Defense Secretary Lloyd Austin's decision to have the Defense Department pay for travel when a service member has to go out of state to get an abortion or other reproductive care. Abortion is now illegal in Alabama.