Powell speech recap today:
- The latest news doesn’t change the view of the overall movement the Fed has right now.
- AI will increase productivity in the future, but right now, the impact isn’t significant. It’s not seen as a number.
- Long-term interest rates don’t matter right now.
- There is no risk-free path. No matter when interest rates are cut, risks will accompany it.
- Currently, interest rates are certainly adding weight to the demand of the economy. However, there is only an increasing demand as supply returns.
- Still, the data on inflation for January February may be a bumpy road.
- The rate cut will be after you have more confidence.
- Having worked in both the private sector and public services is a great help in the role now, and I respect those who have worked in both. When I worked in the private sector from a long time ago, I wanted to work for people in the public, and it came true.
- The Fed will always do the right thing for the economy in the long run, stressing that it is prepared to stop or cut regardless of external considerations.
- The Fed should always make the best choice in the medium to long term, rather than looking at the economy in the short term.
- Each person has his or her own leadership. Be more confident and trust yourself with conviction.
- Immigration has helped.
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Source – Macro Ilta instructor similar. [FSD final version thought by FsD head Ashok, already technically perfect,
Traditional ethical issues~Trolley dilemma
What is Ashok thinking? After all, Tesla’s top FSD head is the beginning of manual driving apocalypse. And today’s final version mentioned trolley’s dilemma.
Already completed technically. They say that AI robots are facing the dilemma of turning the steering wheel (?) to save many people in the future. (Trolley dilemma, which is a traditional issue.)
The dilemma of trolley should be acknowledged for human driving liberation.
Anyway, the geniuses worked hard to complete the FSD. There is only one last correction left