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Real Vision Profile picture
@RealVision
Apr 21 • 4 tweets • 4 min read Twitter logo Read on Twitter
Houston employee earning $125,000 has the same purchasing power as a New Yorker earning $312,000, according to Bloomberg...
@HarryMelandri, advisor @MI2Partners, joins @AshBennington to talk through the current state of the US and global economy, risks in the real estate market, and regional banks on The Daily Briefing LIVE at 4 PM ET.

Questions for Harry? #AskRV 👇
@HarryMelandri @MI2Partners @AshBennington Watch it LIVE on YouTube 👇
@HarryMelandri @MI2Partners @AshBennington In the 2nd half, Harry will discuss his credit cycle research and where to look for the upside...

Check out the rest of today's Daily Briefing with him & @AshBennington as they dive deeper into the markets.

Join the conversation for just $1 👇
realvision.com/discount10

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More from @RealVision

Real Vision Profile picture
Apr 22
Have you heard about Auto-GPT?

It's kinda like ChatGPT on steroids... let's break it down.

A 🧵👇 (1/9) Image
2/9: Imagine having an intern who could not only create a website but also conduct extensive research, create engaging content, and design eye-catching visuals.

Now picture this intern working tirelessly 24/7, never asking for a break, and never asking for a raise...
3/9: Oh, and this intern isn't even human; it's an AI-powered marvel called Auto-GPT.

Auto-GPT, an autonomous AI agent, is based on the GPT-4 language model, has access to the internet and uses advanced features and techniques to perform tasks autonomously. Image
Read 11 tweets
Real Vision Profile picture
Apr 13
#CBDCs: the good, the bad, and the ugly.

A comprehensive 🧵

👇 (1/13) Image
2/13: First off, CBDCs are central bank-issued and backed digital currencies.

They digitally represent a country's fiat currency and can be divided into 2 types: retail CBDCs (for the general public) and wholesale CBDCs (for financial institutions & interbank settlements). Image
3/13: CBDCs vs. the Current System.

CBDCs differ from the current financial system. They're digital currencies, unlike the current system, which is based on physical cash and electronic bank deposits. And then there's the whole thing with retail and wholesale CBDCs...
Read 15 tweets
Real Vision Profile picture
Apr 11
How #AI prompt engineers make $335,000 per year...

*No coding required.

A 🧵👇 (1/9) Image
2/9: The rise of AI, particularly large language models (LLMs) like OpenAI's ChatGPT, is disrupting the global labor market.

A study by OpenAI and the University of Pennsylvania found that LLMs could affect at least 10% of US workers, with 19% having 50% of their tasks affected.
3/9: Projected effects span all wage levels, with higher-paying jobs potentially more exposed to LLMs.

LLM-powered software is expected to have a considerable impact on scaling economic impacts across nearly ALL industries, paving the way for AI prompt engineering.
Read 11 tweets
Real Vision Profile picture
Apr 1
A new era of global polarization...

From BRICS' new currency plans to trade in the Chinese Yuan... let’s take a look at recent events that have significantly propelled this trend.

A 🧵👇 (1/10)
2/10: The biggest recent catalyst are the sanctions imposed on Russia...

Sanctions have forced Moscow to look for other ways to get paid for their #oil, LNG, wheat, etc. This has led to more international trade using the Russian ruble, the Chinese yuan, and other currencies.
3/10: Russian parliamentarian Alexander Babakov, recently revealed that the BRICS countries are working on the development of a new form of currency.

The nations involved will pitch ideas related to the objective during its upcoming summit in South Africa in August.
Read 12 tweets
Real Vision Profile picture
Mar 30
Elon Musk calls for a 6-month pause on the development of #AI more powerful than ChatGPT-4.

Here's why...

A 🧵👇 (1/8) Image
2/8: Elon Musk and more than 1,000 AI experts and business leaders have signed an open letter asking for a six-month break in the development of advanced AI systems.

They say that these systems could pose "serious risks to society" if they are not stopped.
3/8: The concerns follow the release of OpenAI's GPT-4.

The signatories expressed concerns about an "out-of-control race" in AI development, leading to digital minds that no one can understand, predict, or control. Image
Read 10 tweets
Real Vision Profile picture
Mar 11
The Big Short 2.0?

How $SI & $SIVB collapsed, $SNBY dropped 30%, and $CS hit an all-time low...

A 🧵👇 (1/11)
2/11: Yesterday was a dark day for the banking industry, and it’s only getting worse...

Some of the bigger banks may still be around, but the future of smaller and medium-sized banks is still very uncertain.
3/11: A run on deposits has caused SVB and Silvergate to collapse and pushed other banks like Credit Suisse to the brink of insolvency.

Each of the institutions has its own issues, but the common denominator centers around one thing...

rising interest rates.
Read 13 tweets

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