Opinion

Reuvain had an important meeting early that morning and turned on the traffic report on the radio. “Road repairs are still going on and the highway is backed up for miles,” the reporter said. Reuvain thought for a moment and then turned to his wife, “I’ll have to take the flying car this morning,” he told her. “You use the one in the driveway.”

Does history repeat itself? Very often it does on Wall Street. And that’s why savvy investors worry every year when September and October roll around. These months, you see, are the two worst for stocks.

Will artificial intelligence (AI) solve many of our problems or create new ones that are even worse? These questions are being asked more frequently because literally every day, the technology is improving and its use is becoming more widespread.  Scientists warn that these questions need to be resolved soon and, if they are not, preventing the dangers AI poses may become impossible. 

Fifty years ago, in a moment of reflection, Richard Nixon said he feared that he had created “a Frankenstein by opening the world to the Chinese Communist Party.” Recent developments in the Middle East show that Nixon’s concerns were not only justified, but may even have been understated.

In case you haven’t noticed, fewer people are using cash now than ever before. This trend is not new; it’s been in place for years. But what is new is that it is accelerating.   

Even before the virus, New York City residents were trying to cope with serious problems: a surge in violent crimes, worsening homelessness, and rampant drug use. Residents put up with all of these as part of the price of living here. Then the virus hit, and so did prolonged rioting and protests. And these were followed by the unthinkable: The city was shut down.