The US Government has requested a slow staggered rollout of GPT-5.6, and OpenAI has agreed. During this phase the government will approve each user individually. This will probably be the norm for all frontier models from all labs from now on.
"Earlier this year the Federal Reserve Bank of New York published figures showing that American philosophy graduates are more likely to have jobs than their peers who studied computer science." https://t.co/LQDIsWBxig
@jimbelosic Let me know if y’all are ever hiring for an SEO role, I’d love to work with you! There’s a lot of opportunity with your marketplace, you could be Etsy for custom parts :) (I designed this part and had y’all convert to CAD and produce it fwiw) https://t.co/6CqjhOsKlO
The US wealth divide has never been bigger:
The top 20% of earners now account for ~58% of all personal spending in the US, the highest proportion on record.
At the same time, the bottom 80% account for just ~42%, the lowest on record.
This comes as personal outlays growth for the top 20% has averaged +8.3% per year since the 2020 pandemic, almost double the +4.5% seen for the bottom 80%.
Over the last year, the gap has widened further, with the top 20% seeing a +6.5% increase in spending, compared to +2.6% for the bottom 80%.
To put this into perspective, in the 1990s, both groups accounted for roughly equal proportions of total personal spending, at ~50% each.
Asset owners are the only winners in this economy.