impacted and influenced and controlled by technology. certain parts of those digital surveys are supposed to be inaudible infrastructure, therefore governed by non profit and yet, there is so much capitalistic kind of approache to control of the commercial aspect and commercial potential of this technology. i think that openai saga was, you know the fundamental tension is really between the nonprofit mission versus full profit. of course, there is a lot of nuance between this in terms of how they governed, how the board handled this whole situation, including exactly what technical concerns that the board has seen to compel them to press the panic button. last night, overnight, ijust woke up to a lot of discussion in terms of studies we can take unpack that a little bit more but the most important thing we can ask is what kind of, you know, technology, what kind of digital service should be governed by non profit and regarded as a public service and what kind of technol
technology. certain parts of those surveys are supposed to be inaudible infrastructure and governed by non profit and yet, there is so much capitalistic kind of approaches to control of the commercial aspect and commercial potential of this technology. i think that openai saga was, you know, the fundamental tension is really between the nonprofit mission versus full profit but, of course, there is a lot of nuance between this in terms of how they govern, how the board handles this whole situation, including exactly what technical concerns that the board has seemed to compel them to press the panic button. last night overnight i woke up to a lot of discussion in terms of studies but we can take that later but the most important thing we can ask is what kind of, you know, technology, what kind of digital service should be governed by non profit and regarded as a public service and what kind of technology should be controlled by shareholders and commercial services? , sharehol
we start on the markets because a day after wall street closed at new record highs the jitters have returned. but i don t seem to have a camera! what i can do is. you know what? you can look at my chair. we are coming back. hello, nice to see you again. shares have fallen sharply, oil had its steepest one day fall since last summer, and those bond yields the effective interest rates on government debt have soared again. the yield on the 10 year us treasury bond hit almost 1.75% its highest since the very start of the pandemic back injanuary 2020. what s that telling us? that investors are scared inflation is about to take off and interest rates will have to rise soon. that s despite reassurances to the contrary from the head of the federal reserve. we d had about a 45 basis point jump in that treasury yield, and during that time, that is when we saw the nasdaq sell off more than 10%. so the question here is, what does it look like on the chart now for the treasury yie