BANKS

[Ferg]

AI does not seem to work at ALL...

I managed to get AI to give me an incorrect calculation on the average sea level rise if all the ice on Earth melted.  Using 2 different methods gave 2 completely different values but the AI was arguing black and white both calculations were correct.  Then I found it was using Pi to 5 decimal places on calculations that involved values in the trillions.  Even after I asked for greater precision, it still couldn't get it right.  Trusty Excel did.  By the way, any statements  that sea levels will rise in excess of 50m are 100% incorrect.

[Waltzing]

every single AI we are trying is falling over when you load with lots of class and source...

it can cope with small stuff only.. and its random...

all of them...


off topic:

well its cluade's turn next... great NZ summer out there... dont miss those waves.. or boating conditions...lost in the south pacific...

ocean was brilliant blue today..in the BOP

[Waltzing]

https://www.interest.co.nz/banking/133945/changing-guard-key-us-federal-reserve-function-has-opened-door-us200-bln-relief

[Waltzing]

AT last .. or rather in a country with massive house price inflation the country is probably over leveraged and unstable but...did T1 ever get to the proposed 16 %...

https://www.interest.co.nz/banking/134880/responding-political-pressure-rbnz-citing-new-higher-risk-appetite-lower-bank

will put more money to work in the economy.

[Waltzing]

Only a matter of time before the country gets a rating down grade..?

and it will effect all of society including the banking sector... though they may weather storm simply milking house holds and business.. like in the movie margin call ... "what ever happen they dont lose money" quote... you will.. they wont...

surely you bough back in the low 20's again right? of course you did.

https://www.interest.co.nz/public-policy/135037/new-zealand-may-find-it-difficult-service-higher-debt-levels-even-though-it

[Waltzing]

Imagine modelling this...  https://www.interest.co.nz/banking/136064/interest-rates-are-key-tool-banks-use-compete-lending-opportunities-and-depositors%E2%80%99

and this is where true multi dimensional technologies in the future could help these businesses...

[Waltzing]

Are these a Sell up here.. you be the judge... ANZ and WBC.. Ai thinks so...

[Waltzing]

Higher margin due to NZ banks holding more capital... in other words business is more expensive to do in NZ then in AUS....


https://www.interest.co.nz/banking/136055/anz-nz-annual-profit-rises-21-boosted-hedging-gains-impairment-write-backs-and

[Waltzing]

Anyone stopped to think one of the greatest risks to commercial enterprise is stock management and decimals...

Now in this case its probably not a big deal but for businesses decimals are critical...

Every wonder of your back end is processing your decimal properly.. well probably the public, the FMA, the Government, most people in business management even accountants and legal beagle have no idea why banks still use IBM main frames and then wonder why when there excel models are reviewed not adding up to the stuff on the main frame...

floating point int he evil in the middle and even your most loved business software may not being looking after your decimals they way you might want it if your really knew your floating point chips...