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Larry Summers predicts AI threatens robust US job growth

Thomas Siebel said at the World Economic Forum’s annual meeting in Davos, Switzerland, that artificial intelligence is the fastest growing area of ​​the information technology industry in the last 40 years. told. The U.S. labor market remains strong after a historically tight year over the past year, but recent comments from prominent economist Larry Summers […]

Larry Summers said there’s ‘15% chance’ Fed raises interest rates

Former Treasury Secretary Larry Summers warned against the possibility of a surprise rate hike given that inflation remains high, even though Wall Street expects the Fed to begin cutting rates as soon as this spring. He told investors not to exclude them. “There’s a good chance that the next move will be an increase in […]

Larry Summers rescinds ‘antisemitism’ against Rashid Khalidi

Former Harvard University President Larry Summers has apologized to a Palestinian-American academic for suggesting he was anti-Semitic. Summers criticized his alma mater for twice inviting Rashid Khalidi, a professor of modern Arab studies at Columbia University, to speak at the Ivy League school since Hamas’ October 7 massacre. . “I made the mistake of associating […]

Larry Summers slams Harvard over ‘antisemitic’ Rashid Khalidi

Larry Summers, a controversial Palestinian-American academic who has advocated “anti-Semitic” views, has been admitted to Ivy League campuses twice since the Oct. 7 terrorist attack. He criticized Harvard University for inviting him to the event, but did not contact any pro-Israel speakers. The former Treasury secretary and Harvard University president denounced the invitation to Rashid […]

Larry Summers blasts Harvard for picking Israel critic to fight antisemitism

Former Harvard University President Larry Summers criticized the university for appointing a Jewish professor who called Israel an “apartheid state” to co-chair its anti-Semitism task force. Summers announced the appointment of Jewish historian Professor Derek Pensler to co-chair a special committee appointed by Alan Garber, who replaced ousted Claudine Gay as interim president of the […]

Larry Summers throws cold water on Wall Street inflation forecasts

Former Treasury Secretary Larry Summers warned investors against prematurely celebrating subdued inflation amid recent stock market gains on expectations that the Federal Reserve will cut interest rates in 2024. “I think there's still a risk that the market is probably underestimating, which is that inflation won't develop as much as people are expecting, and that […]

Larry Summers pulled into OpenAI drama as new board member

Economist and former U.S. Treasury Secretary Larry Summers has announced that OpenAI’s new He will serve as a director. OpenAI announced early Wednesday Altman will return to the company as CEO, and a new initial board will be chaired by former Twitter chairman Brett Taylor, with Summers and Quora co-founder Adam DiAngelo also joining the […]

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