The world is changing fast and to keep up you need local knowledge with global context.
By Alec Hogg
With its sudden popularity, the artificial-intelligence-for-everyman software ChatGPT was ‘at capacity’ most of last week when I tried to access it. On Friday afternoon, either due to OpenAI adding resources or lower requests, I got on.
So I asked the newly exposed font of wisdom to answer an issue that is being hotly debated on various BizNews interactive channels: is the World Economic Forum an evil organisation? The response is well worth a read.___STEADY_PAYWALL___
ChatGPT answered: “The World Economic Forum (WEF) is a Swiss nonprofit organization that is best known for hosting the annual Davos Forum, a meeting of global political and business leaders. The WEF’s stated mission is ‘to improve the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas.’
The WEF has been criticized by some for its close ties to the global elite and for being out of touch with the needs of ordinary people. Critics also accuse it of promoting neoliberal economic policies that have led to increased inequality and environmental degradation.
Others argue that the WEF plays an important role in bringing together leaders from different sectors and countries to discuss and address pressing global issues such as climate change, poverty, and inequality.
It is up to individual opinions to decide whether WEF is evil or not.“
You can access the tool by going to the OpenAI home page – click here – and clicking on “Try” at the top of the page. Then follow your nose. The future, today. Amazing.
PS: We have now confirmed our final speaker for BNC#5 – Gayton McKenzie, leader of the Patriotic Alliance. If you booked but have not yet paid your deposit, please action soonest to avoid being bumped.
PPS: With the BizNews Share portfolio webinar coming up tomorrow (click here to register) I couldn’t resist asking ChatGPT for a list of the best shares to invest in.
The answer was responsibly disappointing: “I’m sorry, I cannot give specific investment advice or make recommendations on which US shares to invest in. The best shares to invest in will depend on an individual’s financial situation, risk tolerance, investment goals, and research. It’s important to conduct thorough research and due diligence on any company or stock before making an investment. Additionally, it’s always wise to diversify your portfolio and not to put all your eggs in one basket.
It is recommended that you should consult with a licensed financial advisor or professional before making any investment decisions.“
More for you to read:
- Partisan “Fact Checkers” Disseminate Misinformation on Climate Change. Bjorn Lomberg presented accurate polar bear population statistics, but they were labeled “misleading” by Agence France-Presse. Click here.
- Tech Companies Face Tough Times as Era of Easy Money Ends. Low interest rates powered tech firms’ efforts to expand into the physical world, but now in 2023, they face reality. Click here.
- Meta Experiences Recovery with AI, Thanks to Facebook and Instagram. After a difficult year, Meta is making a comeback. Click here.
- McKinsey, linked to facilitating State Capture in South Africa, faces increasing global scrutiny as the management consulting industry is criticized for “ethical lapses and greed.” Click here.
Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg.