Following Astro ****'s Impressive Debut, Here's The Top-Selling Platformers At Launch Since 2019
Following Astro ****'s Impressive Debut, Here's The Top-Selling Platformers At Launch Since 2019
The platformers with the best launches since 2019 revealed, with some surprise entries.
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#Astro #Bot039s #Impressive #Debut #Here039s #TopSelling #Platformers #Launch
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‘Christmas could be cancelled’: Dire warning to residents as Sydney gripped by mosquito crisis ‘swarm’
‘Christmas could be cancelled’: Dire warning to residents as Sydney gripped by mosquito crisis ‘swarm’
A mosquito outbreak in one Aussie state is wreaking havoc on locals – with the mayor fearing the unprecedented swarm of the pests could “cancel” Christmas.
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#Christmas #cancelled #Dire #warning #residents #Sydney #gripped #mosquito #crisis #swarm
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Masahiro Ito Confirms Silent Hill 2’s Pyramid Head Painting Is Actually Real
Masahiro Ito Confirms Silent Hill 2’s Pyramid Head Painting Is Actually Real
Celebrating 1 Million copies sold worldwide: SILENT HILL 2 available now!
Investigating a letter from his late wife, James returns to where they made so many memories – Silent Hill. What he finds is a ghost town, prowled by disturbing monsters and cloaked in deep fog. Confront monsters, solve puzzles, and search for traces of your wife as you explore the town of Silent Hill.
See a sampling of the praise SILENT HILL 2 is enjoying from gaming news outlets around the world in this latest trailer.
*Combined global sales figure is per internal tracking, as of Oct 11, 2024. Includes both digital and package sales.
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#Masahiro #Ito #Confirms #Silent #Hill #Pyramid #Painting #Real
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Oil slips as US storm threat eases, China stimulus disappoints
Oil slips as US storm threat eases, China stimulus disappoints
By Florence Tan
SINGAPORE (Reuters) – Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China’s stimulus plan disappointed investors seeking fuel demand growth in the world’s No. 2 oil consumer.
Brent crude futures dropped 19 cents, or 0.3%, to $73.68 a barrel by 0104 GMT while U.S. West Texas Intermediate crude futures were at $70.13 a barrel, down 25 cents, or 0.4%.
Both benchmarks fell more than 2% last Friday.
Beijing’s stimulus package announced at the National People’s Congress (NPC) standing committee meeting on Friday fell short of market expectations, IG market analyst Tony Sycamore said in a note, adding that its murky forward guidance hinted at only modest stimulus for housing and consumption.
ANZ analysts said the lack of direct fiscal stimulus implied that ******** policymakers have left room for assessing the impact of the policies the next U.S. administration will introduce.
“The market will now shift focus to the Politburo meeting and Central Economic Work Conference in December, where we expect more pro-consumption countercyclical measures to be announced,” they added in a note.
Oil consumption in China, the world’s driver of global demand growth for years, has barely grown in 2024 as its economic growth has slowed, gasoline use has declined with the rapid growth of electric vehicles and liquefied natural gas has replaced diesel as a truck fuel.
Oil prices have also eased after concerns about supply disruption from storm Rafael in the U.S. Gulf of Mexico subsided.
More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline on Sunday, according to the offshore energy regulator.
Looking ahead, uncertainty from policies under U.S. President-elect Donald Trump have clouded the global economic outlook although expectations that he could tighten sanctions on OPEC producers Iran and Venezuela and cut oil supply to global markets partly caused oil prices to gain more than 1% last week.
Oil markets are also being supported by firm demand from U.S. refiners who are expected to run their plants at above 90% of their crude processing capacity on low inventories and improving demand for gasoline and diesel, executives and industry experts said.
(Reporting by Florence Tan; Editing by Sonali Paul)
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#Oil #slips #storm #threat #eases #China #stimulus #disappoints
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[REDACTED]’s Rival Race is the Perfect Jolt of Roguelike Urgency
[REDACTED]’s Rival Race is the Perfect Jolt of Roguelike Urgency
When The Callisto Protocol was first announced many players saw it as a fresh take of classics like ***** Space. It gave off similar vibes, not to mention was an experience many wanted to see return. Even if the original didn’t find the success Striking Distance Studios had hoped, they ultimately decided to return to the world with Redacted. The unlikely spin-off dropped the survival horror aspects in favor of a more popular topdown roguelike experience. Given how crowded this market is, can Redacted find success, or will it be another forgotten experience left on Callisto? – IS
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The civilians dying in Myanmar’s war
The civilians dying in Myanmar’s war
Reuters
The military junta announced compulsory military service in February
The last time Chaw Su saw her husband was in March, when he was forcibly conscripted to ****** for the army in Myanmar’s civil war.
Four months later, she found out he had been ******* at the frontline.
“We were always poor and struggled,” she says. “But life was much more bearable with him.”
The 25-year-old widow, who had depended on her husband as the breadwinner, now has three young children to care for.
*Names have been changed to protect the sources’ identities.
In February, Myanmar’s military regime, known as the junta, announced compulsory conscription, meaning all men aged 18 to 35 and women aged 18 to 27 would be forced to serve for up to two years.
Reuters
At least 50,000 people have been ******* since the coup
Since launching the 2021 coup that toppled Aung San Suu Kyi’s democratically-elected government, the junta has faced an uprising on multiple fronts – including from volunteer People’s Defence Forces (PDFs) and ******* armed groups. That uprising has since escalated into a full-blown civil war.
Last year marked a turn of the tide, as the junta saw a fresh wave of attacks from insurgents that have since pushed the military government to breaking point. As a result, up to two-thirds of the country, which has had decades of military rule and repression, fell under the control of resistance groups.
The increasingly embattled junta responded in part by pushing forward with mandatory conscription, despite warnings from experts that it could exacerbate the nation’s civil conflict. The first training began in April.
‘I was completely out of my mind’
In July, Chaw Su received a call from her husband who was one of two men from their village sent for training.
He told her he had been deployed to Karen state, where some of the most intense fighting between the junta and ******* armed groups was taking place.
“He said that he would be sent to the frontline for two weeks and that he would call me when he returned to base,” Chaw Su tells the BBC. “It was the first and last message I received from him.”
At the end of July, a military officer called to inform Chaw Su her husband was *****.
“I was completely out of my mind. The officer tried to console me with his words, but I felt that my life was over.”
Getty Images
Military spokesperson Major General Zaw Min Tun says conscripts are entitled to a full pension
Like many others, Chaw Su was promised a salary for her husband’s service, but she claimed she only received 70,000 kyats (around $21) from the village official when her husband was first conscripted.
After the initial payment, months went by without any financial support.
The military says conscripts are entitled to salary and compensation upon ****** in service, as with full-rank soldiers. But junta spokesperson Major General Zaw Min Tun told the BBC “there could be a delay if the necessary documents are incomplete”.
Across Myanmar, conscripted soldiers – often untrained and unprepared – are sent to conflict zones with little support. Their families are often left in the dark about their whereabouts.
Soe Soe Aye, a widow in her 60s, has been left without word from her son, who was conscripted six months ago. She says he had no ******* to serve in the military.
“[My son] joined the military to feed his mother,” she adds tearfully. “I regret letting him go.”
Now, she struggles with poor health and depends on her youngest daughter to support their household. But she is trying to remain hopeful.
“I just want to see my son. I don’t have enough strength to face this.”
‘I hated the army even more’Kan Htoo Lwin Facebook
Kan Htoo Lwin was sent to the frontline after three months of training
Many young Burmese have taken drastic measures to resist the conscription order.
Kan Htoo Lwin, a 20-year-old from Myannmar’s commercial hub, Yangon, was conscripted and trained for three months along with 30 others.
He says the training was gruelling and they were threatened that if anyone tried to escape, their homes would be burned.
“After the training, I hated the army even more,” he says.
During a journey to the frontline in the eastern part of the country, Kan Htoo saw a chance to escape with two others when their convoy stopped halfway.
“We ran once it got dark, while they were busy with security checks. We didn’t stop until nightfall,” he recalls. “At some point we were exhausted and stopped to rest. We took turns sleeping and keeping watch.”
At dawn, the three young men hitched a ride from a truck driver and made it to Aung Ban, a township in the southern Shan state. Here, Kan Htoo joined a PDF, one of the many resistance groups that have been growing as more young people, disillusioned with the military junta, take up arms.
The other two men are currently in hiding, Kan Htoo says. For safety reasons, he doesn’t want to reveal what they are doing now.
‘It’s hard to explain my struggle’Getty Images
People queued outside the Thai embassy to get visas after Myanmar’s military government announced the conscription order
While men have been the primary focus of the conscription efforts, women have also been affected.
Zue Zue, a 20-year-old from Yangon, abandoned her dream of becoming a ******** translator to join the Special Operation Force (SOF), a unit within the PDFs.
“Now my goal is to end this era of military dictatorship and make peace for our generation,” she tells the BBC.
While Zue Zue chose to stay, others have fled the country.
Engineer Min Min left for Thailand when conscription began. He’s now staying there on an education visa, but claims he has been struggling to find legal work that suits his qualifications in Bangkok.
Many who flee to Thailand, like Min Min, end up in low-wage jobs. Thai authorities have also become stricter in catching ******** migrants, and many are now facing deportation if caught.
Min Min worries that when his visa expires, he will have to stay illegally in the country.
“I’m worried about the living costs,” says the 28-year-old. “I have no choice but to find manual labour jobs.”
He also says priority is given to Thai nationals, whose rights are protected, while Thai business owners often exploit migrants working illegally.
“I have also seen that Burmese engineers are working illegally and only paid around 12,000 Thai baht ($355), similar to the salary of migrant manual workers,” he says.
Back in Myanmar, Chaw Su now works odd jobs in the village, earning barely enough to feed her children.
“It’s hard to explain to other people the struggle I’m going through,” she says.
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Grand Theft Auto 6 Should Have Its Own Mount Chiliad, But It Shouldn’t Exactly Be Mount Chiliad
Grand Theft Auto 6 Should Have Its Own Mount Chiliad, But It Shouldn’t Exactly Be Mount Chiliad
staticall20d ago
@Flewid638
Hobbies doesn’t need constant flow of money though, aside from buying materials or paying a rent (if you’re using someone elses place or tools).
Examples:
– Pottery: you’re buying the materials (clay and stuff), one-time purchase of turntable and oven;
– Arts/drawing: again, buy the materials (canvas, paints) and just draw;
– Photography: buy materials (paper and printer ink), one-time purchase of camera and printer;
– Sports: one-time purchase of equipment and then either paying to access stadium/training area or do it at home;
– Knitting, woodworking, leatherworking, glassworking, metalworking, winemaking, sewing, modeling, beekeeping and so on: buy materials, one-time purchase of the tools;
– Gaming: one-time purchase of console and TV, then buying the “materials” (games) – that’s how it should be.
The list can go on, i just don’t want to sound like a broken record.
I don’t see microtransactions being involved anywhere, only gaming offer this “luxury”, because of the publisher greed.
Developers and publishers already got paid when i’ve bought the game though, they’ve set the price themselves.
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Haiti to replace prime minister, security crisis mounts
Haiti to replace prime minister, security crisis mounts
A transitional council tasked with re-establishing democratic order in Haiti has signed a decree sacking interim prime minister Garry Conille.
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Goldman Sachs Raises Palantir Technologies Inc. (PLTR) Price Target to $41, Cites 2024 Momentum in AI Solutions but Maintains Neutral Rating
Goldman Sachs Raises Palantir Technologies Inc. (PLTR) Price Target to $41, Cites 2024 Momentum in AI Solutions but Maintains Neutral Rating
We recently compiled a list of the 10 AI News and Ratings Investors Should Not Miss. In this article, we are going to take a look at where Palantir Technologies Inc. (NYSE:PLTR) stands against the other AI stocks in the news.
As demand for AI-powered applications grows, major tech firms are investing in alternative eneergy solutions to support data center requirements. Amazon, for instance, has committed to nuclear energy projects with X-energy and Dominion Energy, focusing on building small modular reactors (SMRs) to meet the intensive energy needs of its data centers while striving for carbon neutrality. This shift to nuclear energy is expected to help the AWS parent reach its net-zero goals by 2040 while managing the escalating power demands driven by AI and cloud services.
Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.
Meanwhile, Apple has previewed several AI enhancements, including integration with ChatGPT for more advanced on-device tasks, such as text generation and question-answering in iOS 18.1. This addition aligns with its approach to cautiously integrate AI, emphasizing user experience improvements while enhancing privacy through device-based processing. The company’s developments aim to increase iPhone appeal and could impact the smartphone market by encouraging upgrades for new AI capabilities.
Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.
For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A software engineer manipulating a vast network of code on virtual monitors.
Number of Hedge Fund Holders: 44
Palantir Technologies Inc. (NYSE:PLTR) is an ********* company that specializes in software platforms for big data analytics. On November 6, Goldman Sachs analyst Gabriela Borges raised the price target on Palantir to $41 from $16 but kept a Neutral rating on the shares. The advisory has underestimated the significant momentum Palantir would see in 2024 as it applied its core technology competencies – data stitching, ontology building – to solving custom AI software challenges across enterprise customers, Goldman analysts told investors in a research note. The note added, however, that the neutral stance reflects the stock that is already pricing in significant success with AIP as it looks to do further work to better understand the durability of Palantir’s competitive advantage.
Story Continues
Overall PLTR ranks 9th on our list of the AI stocks you should not miss. While we acknowledge the potential of PLTR as an investment, our conviction ***** in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than PLTR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.
Disclosure: None. This article is originally published at Insider Monkey.
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Singapore’s DBS eyes Malaysian bank stakes in expansion push, Reuters reports
Singapore’s DBS eyes Malaysian bank stakes in expansion push, Reuters reports
DBS Group Holdings in the central business district of Singapore.
Nicky Loh | Bloomberg | Getty Images
Singapore’s biggest lender DBS Group Holdings Ltd is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast ****** neighbor, including in one of Malaysia’s smallest banks by assets, two sources said.
DBS is exploring a purchase of Singapore state investor Temasek’s 29.1% stake in Alliance Bank Malaysia Bhd, said the two sources with knowledge of the matter, a slice currently valued at about $460 million.
Temasek is biggest shareholder in DBS with a 28.9% stake, according to LSEG data.
Other options for expanding into Malaysia include buying Kuwait Finance House’s Malaysian retail banking assets, worth more than $500 million and which have been put up for *****, one of the sources said.
Deliberations are in very early stages, however, the sources said, and any formal negotiations for an acquisition of a stake in a Malaysian bank would need approval from the Malaysian central bank, or Bank Negara Malaysia.
The two sources declined to be named as talks on the possible acquisitions were confidential.
“We do not comment on market rumors and speculation,” said a spokesperson for DBS, Southeast Asia’s biggest lender by assets. Temasek declined to comment.
Alliance Bank, the second smallest listed bank in Malaysia by total assets, and Bank Negara Malaysia did not respond to requests for comment after business hours on Friday.
Kuwait Finance House said the process for selling its retail banking portfolio in Malaysia was in preliminary stages, and that it was not able to share additional information.
DBS is the only Singaporean bank without a retail banking presence in Malaysia. Local rivals Oversea-******** Banking Corporation and ******* Overseas Bank both have retail banking operations in Malaysia.
DBS’ plan to foray into Malaysia comes amid improving economic prospects for the Southeast ****** nation, with new infrastructure projects and investments expected to result in a surge in credit growth.
In the second quarter, Malaysia’s economy expanded by an annual 5.9%, its fastest in 18 months, on higher household spending, exports and investment. Its monetary unit, the ringgit, is Southeast Asia’s best-performing currency this year.
DBS emerged as a regional banking powerhouse under outgoing Chief Executive Piyush Gupta’s 15-year tenure, bolstered by acquisitions that established significant presences in markets including China, India, Indonesia and Taiwan.
DBS completed the acquisition of Citigroup’s consumer banking business in Taiwan in August last year. In July, Gupta said DBS was looking for bolt-on acquisitions that would support further strategic expansion in the region.
Tan Su Shan, who heads up DBS’ institutional banking group and is deputy CEO, will take over from Gupta in March next year, making her the first woman to lead the bank. On Thursday, DBS posted its highest ever quarterly net profit for July-September on record fee income.
DBS last attempted to buy Temasek’s stake in Alliance Bank in 2012. Those plans did not go through because of regulatory hurdles, according to sources at the time.
The current Malaysian government under Prime Minister Anwar Ibrahim has been more forthcoming and open to ideas and investments with an aim to boost economic growth, said the sources with knowledge of DBS’ plan for Malaysia.
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#Singapores #DBS #eyes #Malaysian #bank #stakes #expansion #push #Reuters #reports
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Despite Borderlands Movie Flop, Series Saw Boost in Sales; Take-Two to Be Selective on Licensing IPs
Despite Borderlands Movie Flop, Series Saw Boost in Sales; Take-Two to Be Selective on Licensing IPs
Take-Two admits the Borderlands movie was disappointing, though it still contributed to the game catalog’s sales.
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#Borderlands #Movie #Flop #Series #Boost #Sales #TakeTwo #Selective #Licensing #IPs
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Kate’s ‘solemn duty’ and PM to hold talks with Macron
Kate’s ‘solemn duty’ and PM to hold talks with Macron
BBC
The Telegraph and several other papers carry an image of the Princess of Wales at the Cenotaph on Sunday, as she returns to public duties after undergoing ******* treatment earlier this year. Elsewhere, the Telegraph reports that Sir Keir Starmer and Emmanuel Macron will hold talks on whether US President Joe Biden can be persuaded to give Ukraine permission to ***** Storm Shadow missiles into Russia. The paper describes the meeting as a “last-ditch attempt” to stop President-Elect Donald Trump’s efforts to scale back US support for Ukraine.
Downing Street says the talks between Starmer and Macron would “reflect on the close bonds between the two countries, many forged and cemented by the sacrifice of British and French soldiers on the frontline”, according to the Guardian. The *** PM will be in Paris to mark Armistice Day with Macron.
The Times says ******* has warned its citizens to avoid sports events in Britain and other ********* countries after attacks against ******** football fans in Amsterdam last week.
The Daily Mail says Labour faced backlash after Treasury minister Darren Jones did not confirm that the government will raise defence funding to 2.5% of GDP by the end of the current Parliament.
“Solemn duty” is the headline on the front page of the Metro. The paper describes Catherine’s appearance at the Cenotaph as the “biggest day yet of her return to duties”. The paper also features an image of King Charles at the event.
The i leads with a warning from civil servants who say the government’s plans to tackle ********* gangs will have little impact on Channel crossings and reducing ******** migration to the ***. Insiders tell the paper “nobody” understands how the new Border Security Command will work.
And lastly, the Financial Times reports that Bitcoin hit $80,000 for the first time on Sunday, as Donald Trump recorded US election victories in Nevada and Arizona. The paper says the crypto industry is anticipating a shift in policy and the attitudes of US regulators towards digital currencies under Trump’s incoming administration.
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Trump turns attention to transition after election win
Trump turns attention to transition after election win
Trump turns attention to transition after election win – CBS News
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President-elect Donald Trump is turning his focus to the presidential transition following his victory. Democrats, meanwhile, are left wondering what led to his comeback. Natalie Brand has more.
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#Trump #turns #attention #transition #election #win
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Shane Woewodin returns to East Fremantle as interim CEO Adrian Bromage takes over full-time
Shane Woewodin returns to East Fremantle as interim CEO Adrian Bromage takes over full-time
Brownlow medallist Shane Woewodin has been appointed head of football at East Fremantle after his predecessor Adrian Bromage was appointed CEO.
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#Shane #Woewodin #returns #East #Fremantle #interim #CEO #Adrian #Bromage #takes #fulltime
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Ken Fisher’s Bet on a Pharma Giant’s Growth Potential
Ken Fisher’s Bet on a Pharma Giant’s Growth Potential
We recently published a list of 10 Best Stocks to Buy According to Billionaire Ken Fisher. In this article, we are going to take a look at where Eli Lilly and Company (NYSE:LLY) stands against other best stocks to buy according to Billionaire Ken Fisher.
Ken Fisher is a prominent ********* investor and financial analyst, known for founding Fisher Investments in 1979. Born in San Francisco in 1950, he is the son of influential stock investor Philip A. Fisher. Fisher graduated from Humboldt State University with a degree in economics in 1972. He began his career in investment management and quickly made a name for himself through innovative approaches to investment theory.
Under Fisher’s leadership, the firm has been recognized for its investment strategies and has consistently ranked among the top investment advisers in the U.S. For several years, Fisher Investments has been included in the Financial Times’ list of top Registered Investment Advisors. Fisher is also a best-selling author, having written multiple books on investment strategies, and he is known for popularizing concepts like the Price-to-Sales ratio as a tool for stock analysis
Ken Fisher talked about the markets in a September 2024 video that was posted on his firm’s YouTube channel, Fisher Investments, and mentioned that he frequently gets asked about which sectors he believes will outperform or underperform over the next 18 months. He currently sees the market in the later stages, though not at the end, of a somewhat unusual bull market shaped by the unique challenges since COVID-19 began. As this bull market nears its two-year mark in October, he observes that while major trends may not shift significantly in the immediate future, technology stocks have consistently outperformed non-tech stocks since the market began to recover from the pandemic.
Fisher noted that, when the market sees substantial movement, up or down by half a percent or more, technology stocks tend to follow that trend more intensely. Thus, if the market is expected to rise, tech stocks will likely perform well; conversely, they often lag during market downturns.
Ken Fisher noted that as 2024 progressed, he expected value stocks to begin outperforming growth stocks more than they had in the past. While this expectation did not materialize in the first and second quarters, he observed that the trend started to emerge in the third quarter. However, he was surprised to see that energy stocks continued to underperform compared to most value stocks.
Story Continues
“As 2024 progressed, and as I said in prior videos early in the year, I expected value to start doing better relative to growth than it had been before. And that didn’t really much happen in the first and second quarters. But in the third quarter of 2024, that’s largely happened, with the exception of the fact that energy, and I was completely wrong about this, energy has continued to do worse than most value.”
Additionally, Fisher said that initially when the Fed began raising rates in 2022, many thought this would negatively impact growth stocks, a narrative he consistently disagreed with. Now, the sentiment is shifting again, suggesting that central bank rate cuts will benefit value stocks while adversely affecting growth stocks. This shift is logical because value stocks are more reliant on bank financing compared to growth stocks, which have various funding sources.
As short-term interest rates decline relative to long-term rates and banks become more willing to lend, this scenario favors value stocks. Consequently, Fisher anticipates that the trend of value stocks narrowing the gap with growth stocks, seen in the third quarter, will continue into the fourth quarter and throughout much of the next year.
This article explores the top ten stock holdings of Fisher Asset Management, based on 13F filings as of Q2 2024. The stocks are arranged in ascending order according to the stake of Fisher Asset Management, as of June 30, 2024.
At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
Eli Lilly and Company (LLY): Ken Fisher’s Bet on a Pharma Giant’s Growth Potential
An array of pharmaceutical pills with the company’s logo on the bottle.
Total Number of Shares Owned: 4,888,710
Total Value of Shares Owned: $4,426,141,743
Number of Hedge Fund Investors: 100
Eli Lilly and Company (NYSE:LLY), a pharmaceutical leader in treatments for diabetes, *******, and other serious conditions, is well-positioned for growth with a robust pipeline targeting diabetes, *******, and neurodegenerative *********. The success of Mounjaro solidifies Eli Lilly’s leadership in diabetes care and positions it to capitalize on the rising demand for obesity management, a rapidly expanding area with limited competition.
Additionally, Eli Lilly and Company (NYSE:LLY) has multiple promising therapies in late-stage clinical trials, which could further accelerate growth. Strategic partnerships with biotech firms enhance Eli Lilly and Company (NYSE:LLY)’s research capabilities and expedite the development of innovative therapies, keeping it at the forefront of medical advancements.
As healthcare systems increasingly prioritize effective chronic ******** treatments, Eli Lilly and Company (NYSE:LLY)’s product portfolio aligns well with this trend toward health and wellness. In Q3 2024, Eli Lilly and Company (NYSE:LLY) reported a normalized EPS of $1.18, missing estimates by $0.29, and GAAP EPS of $1.07, falling short by $0.47. Revenue reached $11.44 billion, underperforming forecasts by $679.5 million.
Looking ahead, analysts anticipate a significant rebound in Q4, with a projected normalized EPS of $5.48 and revenue of $14.00 billion. Over the last 90 days, Eli Lilly and Company (NYSE:LLY) has received 19 upward EPS revisions, signaling increased confidence in its strong future performance.
PGIM Jennison Health Sciences Fund stated the following regarding Eli Lilly and Company (NYSE:LLY) in its Q2 2024 investor letter:
“Eli Lilly and Company (NYSE:LLY) is a diversified biopharmaceutical company with core franchises in Diabetes, Obesity, Immunology, Neurodegeneration, and Oncology. The company is one of the two global leaders in diabetes with blockbuster products in Trulicity and recently launched Mounjaro (tirzepatide) to serve this large underserved market. To date, the Mounjaro launch is the strongest for any diabetes ***** ever launched, which we attribute to off label usage in the obesity indication as well as on label use in diabetes.
Overall, LLY ranks 7th on our list of best stocks to buy according to Billionaire Ken Fisher. While we acknowledge the potential of LLY, our conviction ***** in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LLY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.
Disclosure: None. This article is originally published at Insider Monkey.
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2 Good 2 Bad: Timber's bizarre throw-in fail and a goal of the season?
2 Good 2 Bad: Timber's bizarre throw-in fail and a goal of the season?
A bizarre throw in from Arsenal’s Jurrien Timber, and a goal of the season contender from Brentford’s Yoane Wissa feature in this week’s ‘2 Good, 2 Bad’ from Match of the Day 2.
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#Good #Bad #Timber039s #bizarre #throwin #fail #goal #season
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Coalition offers swift passage for Labor’s social media ban plan for children under 16
Coalition offers swift passage for Labor’s social media ban plan for children under 16
A ban on children using social media could become law before the end of the month after Peter Dutton wrote to the Prime Minister offering to help the Government to move swiftly to ‘protect *********** children’.
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#Coalition #offers #swift #passage #Labors #social #media #ban #plan #children
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25 monkeys recaptured, 18 still on the loose after escaping research lab in SC
25 monkeys recaptured, 18 still on the loose after escaping research lab in SC
25 monkeys recaptured, 18 still on the loose after escaping research lab in SC
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Bitcoin tops record $80,000 as Trump nears sweep of US Congress
Bitcoin tops record $80,000 as Trump nears sweep of US Congress
The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week.
It comes as the Republicans are edging closer to overall control of Congress after having already secured the presidency and a majority in the Senate.
On the campaign trail the president-elect pledged to make the US “the crypto capital of the planet”.
The value of world’s biggest cryptocurrency has now risen by more than 80% this year.
Other cryptocurrencies, including dogecoin – which has been promoted by high-profile Trump supporter Elon Musk – are also making gains.
In the run-up to the election Trump said he would create a strategic Bitcoin stockpile and appoint digital asset-friendly financial regulators.
Trump has said one of his first actions as president would be to sack the current chair of the Securities and Exchange Commission (SEC), Gary Gensler.
Mr Gensler, who was appointed Joe Biden in 2021, has led the SEC’s crackdown on the crypto industry.
Trump’s broader agenda, which includes cutting taxes and reducing regulations on businesses, has also driven a surge in other investments since he won the election.
Major stock indexes, the dollar and US bonds have all made gains in recent days.
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Children’s book cut over First Nations portrayal
Children’s book cut over First Nations portrayal
Celebrity chef Jamie Oliver has pulled his new children’s book from the shelves after complaints that it stereotyped Indigenous Australians.
The 400-page fantasy novel Billy and the Epic Escape, which was published earlier this year, features an Aboriginal girl with mystical powers living in foster care who is abducted from her home in central Australia.
Some First Nations leaders have called the book “offensive”, saying it contains language errors and contributes to the “erasure, trivialisation, and stereotyping of First Nations peoples and experiences”.
Oliver – who is currently in Australia promoting his newest cookbook – has apologised and said he is “devastated” to have caused hurt.
“It was never my intention to misinterpret this deeply painful issue,” he said in a statement.
The book’s publisher, Penguin Random House ***, said Oliver had requested Indigenous Australians be consulted over the book, but an “editorial oversight” meant that did not happen.
Among the complaints is that the character is given the ability to read people’s minds and communicate with animals and plants because “that’s the Indigenous way”, which Sharon Davis from the national First Nations’ education body said reduces “complex and diverse belief systems” to “magic”.
The girl is also at the centre of an abduction plot – something community leader Sue-Anne Hunter called a “particularly insensitive choice”, given the “painful historical context” of the Stolen Generations. For decades in Australia, Aboriginal and Torres Strait Islander kids were removed from their families as part of an assimilation policy from successive governments.
The girl, who is from Mparntwe or Alice Springs, also uses vocabulary from the Gamilaraay people of NSW and Queensland, which Ms Davis said showed “complete disregard for the vast differences among First Nations languages, cultures, and practices”.
“There is no space in *********** publishing (or elsewhere) for our stories to be told through a colonial lens, by authors who have little if any connection to the people and place they are writing about,” Dr Anita Heiss, a Wiradyuri author and publisher told the Guardian Australia.
Oliver said he and his publishers had decided to withdraw the book from ***** around the world.
A statement from Penguin Random House *** added: “It is clear that our publishing standards fell short on this occasion, and we must learn from that.”
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Worker ******* by fallen turbine blade at wind farm
Worker ******* by fallen turbine blade at wind farm
Victoria’s work safety watchdog is investigating after a man was ******* by a falling wind turbine blade while working on a wind farm in Victoria.
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Dyson’s new Supersonic Nural blew us away and it gets its first discount ahead of ****** Friday
Dyson’s new Supersonic Nural blew us away and it gets its first discount ahead of ****** Friday
With Click Frenzy and ****** Friday on the horizon, it’s safe to expect deals here, there and everywhere across a wide range of consumer tech. Today, one of the best discounts we’ve spotted is on Dyson’s high-tech Supersonic Nural hair dryer, which has received an AU$170 price drop directly from the maker.
Dyson, a company widely known for making some of the best vacuums and the best fans on the market, is also a big player in the hair-dryer space. The Supersonic Nural in particular is our favourite premium hair dryer on our list of the best hair dryers, and this year the gadget was the recipient of TechRadar’s Home Tech of the Year award. It truly blew us away and although it’s quite expensive, the Supersonic Nural is a very powerful hairdressing tool that’s ideal for fast drying without heat damage.
In our Dyson Supersonic Nural hair dryer review, we praised the gadget for how quickly and effectively it was able to dry a head of hair, with an innovative scalp protecting mode and a lightweight design. When you put the hair dryer down, the device drops to a low-power mode, producing less noise, saving energy and reducing the risk of heat damage. We also loved the five attachments that are purpose-built for different hair types, and each one fits magnetically onto the wand to making the whole package really easy to use.
Though the hair dryer received a TechRadar Recommends seal of approval, we did note that it has quite a short handle and its capabilities as a hair dryer may be a bit overkill for many users. Obviously we also weren’t too thrilled about the high price, but this deal alleviates that criticism nicely.
Just keep in mind that we may yet see an even cheaper deal during the gigantic ****** Friday sales event at the end of the month. While this appears to be the cheapest listing online in Australia for the Dyson Supersonic Nural hair dryer at the time of writing, it’s uncertain how long this deal will last or if another retailer will swoop in with a lower price.
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***** at New Jersey-New York border still uncontrolled after burning over 2,500 acres
***** at New Jersey-New York border still uncontrolled after burning over 2,500 acres
Rain was falling across the Northeast on Sunday afternoon, bringing a much-needed assist to firefighters battling a major wildfire straddling the border of New Jersey and New York.
But the blaze evaded their control and grew to more than 2,500 acres on Sunday, threatening several structures — including a historic site dating back to the Revolutionary War, officials said.
PHOTO: Burnt and smoldering trees sit along a highway as firefighters battle a series of brush fires on Nov. 09, 2024 outside of Pompton Lakes, N.J. (Spencer Platt/Getty Images)
While Saturday marked 42 days without any measurable rainfall in the city of Philadelphia, and the driest streak in New York City history, many cities throughout the Northeast were expecting to see measurable rainfall on Sunday.
The forecast was welcome news to ***** crews battling the so-called Jennings Creek ***** that broke out Saturday and burned wildland throughout West Milford in New Jersey’s Passaic County and Orange County, New York.
But the flames remained 0% contained on Sunday afternoon, Chief Bill Donnelly of the New Jersey Forest ***** Service said at a news conference.
And although more rainfall was yet to come, he didn’t seem optimistic that it would change the outcome.
“Make no mistake, though precipitation is forecasted, that’s not going to solve the problem that we have here with this wildfire,” Donnelly said. “It’s inevitable that this ***** is going to continue to ***** up until it reaches our control line.”
Donnelly estimated that it might take crews until the end of this week to extinguish the blaze.
Since Oct. 1, New Jersey firefighters have responded to 537 wildfires that have consumed 4,500 acres, including about 40 fires that ignited between Friday and Saturday, according to Donnelly.
Forest Ranger Jeremy Oldroyd, of the New York State Department of Environmental Conservation, said New York ***** crews have battled 60 wildfires since Oct. 1, and they have burned 2,100 acres.
A New York State Parks and Recreation aid was ******* on Saturday helping the battle the Jennings Creek *****, which is burning in the Sterling Forest State Park, officials said. The deceased parks employee was identified Sunday by the New York State Police as 18-year-old Dariel Vasquez.
“I commend his dedication to serving and protecting his fellow New Yorkers and his bravery on the front lines,” New York Gov. Kathy Hochul said of Vasquez. “My prayers go out to his family, friends and coworkers during this difficult time.”
MORE: Firefighters continue battling blaze that left 18-year-old *****
The rain heading into the Northeast is associated with what was left of a storm system that has been sweeping east this weekend after hitting parts of the Rockies with very heavy snow and the South with torrential rain.
While the rain is expected to put a dent in the extremely dry conditions, some areas in New York, New Jersey, Connecticut, Massachusetts and Rhode Island will remain under red flag ***** danger warnings, officials said.
As the Jennings Creek ***** continued to grow Sunday, Donnelly said the ***** was threatening several structures in the area, including eight in New Jersey’s Long Pond Ironworks State Park, a historic 175-acre village where iron was produced during the Revolutionary War.
The cause of the ***** ******** under investigation.
PHOTO: Firefighters take a break from battling a series of brush fires on Nov. 09, 2024 outside of Pompton Lakes, N.J. (Spencer Platt/Getty Images)
The ***** came amid blustery winds and drought conditions in New York and New Jersey, which hasn’t had any rain in more than a month, officials said.
At one point over the weekend, New Jersey firefighters were battling at least six brush fires that ignited across the state, including a second wildfire in Passaic County that was threatening structures Sunday.
The “Cannonball 3” ***** began on Friday afternoon near Passaic County’s Pompton Lake and grew to 175 acres, according to Donnelly. As of Sunday afternoon, the ***** was still threatening 55 structures, but was 75% contained, according to the ***** service.
Another wildfire in New Jersey — the “Shotgun *****” — started Wednesday and burned 350 acres of the Colliers Mills Wildlife Management Area in Jackson Township before firefighters gained control of the blaze, officials said. Officials said the cause of the ***** was arson.
The Shotgun ***** had broke out around noon on Wednesday, near the Central Jersey Rifle Range on Stump Tavern Road, ***** officials said.
Investigators concluded that the ***** began behind a berm at the rifle club and was caused by magnesium shards of a “Dragon’s Breath” 12-gauge shotgun round, which ignited materials on the berm. ******* incendiary or tracer ammunition is ******** in New Jersey, authorities said.
Richard Shashaty, 37, of Brick Township, surrendered to the police on Saturday. He was charged with arson and violation of regulatory provisions relating to firearms, officials said Saturday.
PHOTO: Burnt and smoldering trees sit along a highway as firefighters battle a series of brush fires on Nov. 09, 2024 outside of Pompton Lakes, N.J. (Spencer Platt/Getty Images)
Air quality alerts remained in effect Sunday in the New York City area. As of Sunday morning, New York City’s Office of Emergency Management said the Air Quality Index was at 105, a level “unhealthy for sensitive groups.” On Saturday evening, the AQI in some monitors reached 201, indicating “very unhealthy” air quality, officials said.
Several brush fires have erupted in New York City in recent days, including one on Friday evening that swept through Brooklyn’s Prospect Park, burning at least two acres before more than 120 firefighters brought it under control Saturday morning.
New York City Mayor Eric Adams said Saturday that at least 120 brush fires had broken out in the city within the last two weeks. The fires follow the driest October in New York City history.
MORE: Wildfires erupt in New Jersey, fueled by dry, windy conditions
Meanwhile, firefighters in Southern California continued to battle the Mountain ***** in Ventura County. As of Sunday, the blaze, which started on Wednesday morning and was fanned by strong Santa Ana winds, had grown to 20,640 acres.
The California Department of Forestry and ***** Protection said Sunday that winds had ***** down overnight, enabling ***** crews to make significant progress by upping containment lines to 26%.
***** at New Jersey-New York border still uncontrolled after burning over 2,500 acres originally appeared on abcnews.go.com
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Trump juiced markets. His policies could stall rally
Trump juiced markets. His policies could stall rally
Trader Walter Lundon shows off his shirt featuring US President-elect Donald Trump, on the floor of the New York Stock Exchange (NYSE) in New York City on November 6, 2024.
Timothy A. Clary | Afp | Getty Images
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.
What you need to know today
Milestones for U.S. indexes All major U.S. indexes rose on Friday. During the trading session, the S&P 500 briefly traded above 6,000 and the Dow Jones Industrial Average rose above 44,000, new milestones for both. Europe’s regional Stoxx 600 fell 0.65%. The index was weighed down by mining stocks, which dropped 4.2%, and losses in shares of luxury companies, like Richemont, Kering and Burberry.
China inflation and support package China’s consumer price index for October rose 0.3% from a year earlier, according to the country’s National Bureau of Statistics. A Reuters poll of economists had expected prices to increase by 0.4%, the same rate as September’s figure. On Friday, China announced a five-year, 10 trillion yuan ($1.4 trillion) package to tackle local government debt problems.
New record for bitcoin Bitcoin rose 5.4% to trade at $80,398.24, according to Coin Metrics. That’s the first time the cryptocurrency has broken the $80,000 barrier. Traders think bitcoin will soar even higher. They piled more than $2.8 billion into the options market, ******** that bitcoin’s price will go beyond $90,000.
$1 trillion market cap for Tesla Tesla’s market capitalization surpassed $1 trillion on Friday after an electrifying rally last week, ignited by Donald Trump’s victory, that pushed up its shares 29%. It’s now up 30% year to date. Meanwhile, CEO Elon Musk endorsed the idea, raised by Sen. Mike Lee, of allowing presidents to intervene in Federal Reserve policy.
[PRO] Eyes on inflation data After a hot week in the stock market, spurred by the election of Trump as the next U.S. president and the Federal Reserve cutting rates by 25 basis points, inflation prints this week will determine if the buoyance in markets can continue. CNBC Pro’s Sarah Min gives a recap of what happened last week and what to look forward to this week.
The bottom line
When the numbers are this good, you’ve got to start with them.
For the week, the S&P 500 climbed 4.66%, the Dow Jones Industrial Average rose 4.61% and the Nasdaq Composite popped 5.74%. If that’s impressive, consider this: The small-cap Russell 2000 surged 8.57%.
The markets have Trump to thank for that.
“Equities are eager to price in Trump’s domestic growth policies,” Barclays strategist Venu Krishna said in a note to clients.
That’s most evident in the outsized bump in the Russell 2000 compared with other indexes. Smaller companies tend to be more tied to the domestic economy, which is the focus of Trump’s pledges.
Small-cap companies also have more floating rate debt. With the Fed’s 25 basis point rate cut on Thursday, the debt burden on small caps will be reduced, leading to higher profits.
The road ahead, however, might not be as smooth.
Of the S&P companies that reported this earnings season, 84% beat expectations on profit. But their revenue “is more subdued, where the proportion of companies beating sales estimates has stayed weak,” JPMorgan Strategist Mislav Matejka wrote in a Friday note. And earnings, fundamentally, are what drive the stock market.
The economy could experience some speed bumps too. Policies proposed by Trump, such as higher tariffs and stricter immigration, might decrease growth and increase inflation, or at least slow down the pace of disinflation, said Barclays.
Minneapolis Fed President Neel Kashkari is also wary of inflation persisting. If tariffs become “**** for tat,” Kashkari said in an interview on Sunday, “that’s where it becomes more concerning.”
The Fed, in response to that, could space out its rate cuts even more.
While the Trump rally has gotten off to a roaring good start, it ******** to be seen when — and more importantly, how — it’ll end.
— CNBC’s Sean Conlon, Yun Li, Jesse Pound and Hakyung Kim contributed to this report.
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‘I was moderating hundreds of horrific and traumatising videos’
‘I was moderating hundreds of horrific and traumatising videos’
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Social media moderators check for distressing or ******** photos and videos which they then remove
Over the past few months the BBC has been exploring a dark, hidden world – a world where the very worst, most horrifying, distressing, and in many cases, ******** online content ends up.
Beheadings, mass killings, child ******, hate speech – all of it ends up in the inboxes of a global army of content moderators.
You don’t often see or hear from them – but these are the people whose job it is to review and then, when necessary, delete content that either gets reported by other users, or is automatically flagged by tech tools.
The issue of online safety has become increasingly prominent, with tech firms under more pressure to swiftly remove harmful material.
And despite a lot of research and investment pouring into tech solutions to help, ultimately for now, it’s still largely human moderators who have the final say.
Moderators are often employed by third-party companies, but they work on content posted directly on to the big social networks including Instagram, TikTok and Facebook.
They are based around the world. The people I spoke to while making our series The Moderators for Radio 4 and BBC Sounds, were largely living in East *******, and all had since left the industry.
Their stories were harrowing. Some of what we recorded was too brutal to broadcast. Sometimes my producer Tom Woolfenden and I would finish a recording and just sit in silence.
“If you take your phone and then go to TikTok, you will see a lot of activities, dancing, you know, happy things,” says Mojez, a former Nairobi-based moderator who worked on TikTok content. “But in the background, I personally was moderating, in the hundreds, horrific and traumatising videos.
“I took it upon myself. Let my mental health take the punch so that general users can continue going about their activities on the platform.”
There are currently multiple ongoing legal claims that the work has destroyed the mental health of such moderators. Some of the former workers in East ******* have come together to form a union.
“Really, the only thing that’s between me logging onto a social media platform and watching a beheading, is somebody sitting in an office somewhere, and watching that content for me, and reviewing it so I don’t have to,” says Martha Dark who runs Foxglove, a campaign group supporting the legal action.
Mojez, who used to remove harmful content on TikTok, says his mental health was affected
In 2020, Meta then known as Facebook, agreed to pay a settlement of $52m (£40m) to moderators who had developed mental health issues because of their jobs.
The legal action was initiated by a former moderator in the US called Selena Scola. She described moderators as the “keepers of souls”, because of the amount of footage they see containing the final moments of people’s lives.
The ex-moderators I spoke to all used the word “trauma” in describing the impact the work had on them. Some had difficulty sleeping and eating.
One described how hearing a baby cry had made a colleague panic. Another said he found it difficult to interact with his wife and children because of the child ****** he had witnessed.
I was expecting them to say that this work was so emotionally and mentally gruelling, that no human should have to do it – I thought they would fully support the entire industry becoming automated, with AI tools evolving to scale up to the job.
But they didn’t.
What came across, very powerfully, was the immense pride the moderators had in the roles they had played in protecting the world from online harm.
They saw themselves as a vital emergency service. One says he wanted a uniform and a badge, comparing himself to a paramedic or firefighter.
“Not even one second was wasted,” says someone who we called David. He asked to remain anonymous, but he had worked on material that was used to train the viral AI chatbot ChatGPT, so that it was programmed not to regurgitate horrific material.
“I am proud of the individuals who trained this model to be what it is today.”
Martha Dark
Martha Dark campaigns in support of social media moderators
But the very tool David had helped to train, might one day compete with him.
Dave Willner is former head of trust and safety at OpenAI, the creator of ChatGPT. He says his team built a rudimentary moderation tool, based on the chatbot’s tech, which managed to identify harmful content with an accuracy rate of around 90%.
“When I sort of fully realised, ‘oh, this is gonna work’, I honestly choked up a little bit,” he says. “[AI tools] don’t get bored. And they don’t get tired and they don’t get shocked…. they are indefatigable.”
Not everyone, however, is confident that AI is a silver bullet for the troubled moderation sector.
“I think it’s problematic,” says Dr Paul Reilly, senior lecturer in media and democracy at the University of Glasgow. “Clearly AI can be a quite blunt, binary way of moderating content.
“It can lead to over-blocking freedom of speech issues, and of course it may miss nuance human moderators would be able to identify. Human moderation is essential to platforms,” he adds.
“The problem is there’s not enough of them, and the job is incredibly harmful to those who do it.”
We also approached the tech companies mentioned in the series.
A TikTok spokesperson says the firm knows content moderation is not an easy task, and it strives to promote a caring working environment for employees. This includes offering clinical support, and creating programs that support moderators’ wellbeing.
They add that videos are initially reviewed by automated tech, which they say removes a large volume of harmful content.
Meanwhile, Open AI – the company behind Chat GPT – says it’s grateful for the important and sometimes challenging work that human workers do to train the AI to spot such photos and videos. A spokesperson adds that, with its partners, Open AI enforces policies to protect the wellbeing of these teams.
And Meta – which owns Instagram and Facebook – says it requires all companies it works with to provide 24-hour on-site support with trained professionals. It adds that moderators are able to customise their reviewing tools to blur graphic content.
The Moderators is on BBC Radio 4 at 13:45 GMT, Monday 11, November to Friday 15, November, and on BBC Sounds.
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