01/02/2024
Noam Chomsky says about artificial intelligence:
“The human mind is not a statistical machine like ChatGPT and its ilk, greedy for hundreds of terabytes of data in order to arrive at the most plausible answer to a conversation or the most likely answer to a scientific question. "
On the contrary... "The human mind is a surprisingly efficient and elegant system that works with a finite amount of information. It does not try to corrupt correlations from the data, but rather tries to create explanations. ... ]
Let's then stop calling it "Artificial Intelligence" and call it what it is, making "plagiarism software" because "It doesn't create anything, but copies existing works from existing artists and modifies them in such a way that they can escape copyright .
This is the largest theft of intellectual property ever recorded since European colonists arrived in Indian communities. "
Noam Chomsky, New York Times - March 8, 2023
08/10/2023
Understanding Economics can not get easier than this
Hat's off to the writer
https://www.dawn.com/news/1779631/the-flight-of-the-rupee?fbclid=PAAaYdZ406DJzhqEBiTpRTMz6u26rN0Ja9ppLTJq0iso7rZuH50JG0RUI4p94
A worthy article for css 2024
The flight of the rupee
From a purely demand-supply lens, it is clear that the demand for the USD far exceeds the supply that is available.
04/08/2023
"Just a few months are left for the elections, but economic and financial reforms are not on any party’s agenda. Our electoral politics largely revolves around gaining control of state patronage. Therefore, it seems hard for our ruling elite to break away from their narrow interests and move towards a sustainable and self-reliant course. A continuing blame game and political instability have further underlined the severe challenges that the already ailing economy faces."
Read the full op-ed at: https://www.dawn.com/news/1767992/why-pakistan-is-failing
04/08/2023
A must read
Pakistan and Iran chalked out a five-year trade cooperation plan on Thursday, setting a target of $5 billion for bilateral trade.
This comes less than two years after the two countries agreed in late 2021 to take measures to expand annual trade exchanges to $5bn by 2023, the current year.
The new plan has been devised while Iran Foreign Minister Hossein Amir Abdollahian is on a two-day visit to Pakistan, having reached Islamabad last night at Foreign Minister Bilawal Bhutto-Zardari’s invitation.
This is his first bilateral trip to Pakistan.
Read more: https://www.dawn.com/news/1768190/pakistan-iran-chalk-out-five-year-plan-with-5bn-trade-target
31/07/2023
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31/07/2023
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11/09/2022
Environmental Cost of Ukraine War - Daily Times
No peace is ever bad; no war is ever good. While the wars play havoc with the lives and properties on a massive scale, there are hidden costs attached to war. One of the most ravaging impacts of conflict between two warring countries is the colossal damage done to the environment. This ugly face is....
10/09/2022
Shocks and Pakistan’s economy
‘We are living in a time of overlapping emergencies: the pandemic is not over, climate change is a reality, and...
01/09/2022
The State Bank of Pakistan received $1.16 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) for Pakistan.
The money was deposited after the global lender's Executive Board approved the EFF programme after months-long efforts by Pakistan's government.
Read more: https://www.thenews.com.pk/latest/987206-sbp-receives