Category: Nobel
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Bitcoin Will Be ‘Worthless’ In 10 Years, Finance Nobel Prize Winner Says
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People have always questioned BitcoinBut when a Nobel Prize -winning economist said he would eventually fail, many have taken care of. Eugene Fama, known as “Modern Financial Father”, believes this Bitcoin will not eventually deserve anything. What is its cause? Bitcoin does not have a real value, does not work…
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Are tech billionaires hijacking our future? This Nobel laureate warns of Big Tech’s stranglehold on AI and democracy
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Should our future be decided by the CEOs of Big Tech? For Nobel laureate in economics Simon Johnson, giving too much power to a handful of billionaires would come at the expense of the public interest. The British-American economist who teaches at the Massachusetts Institute of Technology also stressed that…
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The controversy surrounding AI pioneer Geoffrey Hinton’s Nobel Prize misses the point
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The Nobel Prize was recently awarded to Geoffrey Hinton for his contributions to artificial intelligence (AI). It sparked controversyand reveals a deeper issue of how society rewards innovation. While Hinton is celebrated for his pioneering work in artificial intelligence and his popularization of back propagation, critics, including AI expert Jürgen…
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Nobel physics prize goes to machine learning pioneers By Reuters
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Written by Niklas Pollard and Johan Ahlander STOCKHOLM (Reuters) – American scientist John Hopfield and British-Canadian Geoffrey Hinton have won the 2024 Nobel Prize in Physics for their discoveries and inventions that laid the foundation for machine learning, the Nobel Prize-awarding body said on Tuesday. The award-giving body said in…
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Nobel laureate Muhammad Yunus was arch foe of ousted Bangladesh PM Hasina By Reuters
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Written by Roma Paul and Sudipto Ganguly DHAKA (Reuters) – Nobel laureate Muhammad Yunus, a pioneer of the global microcredit movement who could lead Bangladesh’s new interim government, was a bitter enemy of Prime Minister Sheikh Hasina, who resigned and fled the country. Known as the “banker to the poor,”…
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Joseph Stiglitz interview: Columbia economics professor and Nobel laureate
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Stiglitz says the protest movement sweeping his organization and many others is “hitting the ground” and recalls his history as a civil rights protester in the 1960s. “This may seem hard to believe, but I was there at the March on Washington in August 1963, with Martin Luther King,” he…