I changed the name of this section from What’s new? to Current Events by John R. Patrick. Feedback told me there was some confusion about “news”. The In The News section contains news about a new publication by me or a news story which mentions me or is about me.The Current Events by John R. Patrick blog posts contain snippets of current events I am following. Some of the topical areas change from time to time. The following are the current topics. Please send feedback on this new section to j[email protected].

Happy Memorial Day

I asked chatGPT4 to comment on Memorial Day. Below is what it had to say. Memorial Day has become a long weekend which unofficially marks the beginning of the summer season in the United States. Many people enjoying outdoor activities and spending time with family and friends. We will be attending a family BBQ. I will resume crypto and market comments on June 2.

Memorial Day is a federal holiday observed in the United States on the last Monday of May each year. It is a day of remembrance and honors the men and women who have died while serving in the U.S. military. Originally known as Decoration Day, it originated after the American Civil War to commemorate Union and Confederate soldiers who lost their lives in the conflict. Over time, Memorial Day has expanded to remember all military personnel who made the ultimate sacrifice in service to their country. It is a time for reflection, gratitude, and paying tribute to the fallen heroes, often marked by ceremonies, parades, visiting cemeteries, and displaying the U.S. flag. Additionally, it has also become a long weekend that unofficially marks the beginning of the summer season in the United States, with many people enjoying outdoor activities and spending time with family and friends. 

I will be traveling on Friday through the weekend so no market comments this week.

What’s new in AI

Here is some of the latest news in the field of artificial intelligence (AI) this week:

• Google AI has announced a new initiative to develop AI that can understand and generate natural language.The initiative, called LaMDA, is still in its early stages, but it has the potential to revolutionize the way we interact with computers.
• OpenAI has released a new version of its GPT-3 language model. GPT-3 is one of the most powerful language models ever created, and it can be used for a variety of tasks, including writing, translation, and coding.
• A team of researchers at MIT has developed a new AI system that can detect cancer cells with 99% accuracy.The system, called PathAI, uses deep learning to analyze tissue samples and identify cancer cells.
• A team of researchers at Stanford has developed a new AI system that can drive a car without any human input. The system, called Waymo, has been tested on public roads in California, and it is expected to be available to the public in the near future.

These are just a few of the many exciting developments in the field of AI this week. As AI continues to evolve, it is likely to have a profound impact on our lives in the years to come.

The preceding was written by Google’s Bard AI.

Happenings in Ukraine

Here is some of the latest news in Ukraine this week:

• Russia has continued its offensive in the eastern Donbas region, making some gains but facing stiff resistance from Ukrainian forces. The fighting has been particularly heavy in the city of Severodonetsk, which is seen as a key strategic objective for Russia.
• The United States has announced that it will provide Ukraine with an additional $800 million in military aid, including artillery, ammunition, and drones. The aid comes as Ukraine is facing a critical shortage of weapons and ammunition.
• The European Union has agreed to ban most Russian oil imports, a move that is expected to further cripple the Russian economy. The ban is expected to take effect in six months.
• The United Nations has warned that the war in Ukraine is causing a humanitarian crisis, with millions of people displaced from their homes and in need of food, water, and shelter. The UN has called for an immediate ceasefire and a negotiated settlement to the conflict.

The situation in Ukraine remains fluid and uncertain. It is possible that the war could escalate, or that it could reach a negotiated settlement. However, it is clear that the war is having a devastating impact on the people of Ukraine.

The preceding was written by Google’s Bard AI.

Crypto and markets

I will resume my crypto and market comments on June 2.