Tong Family

Rich Tong's Tips, Tricks and Traps

What is the future?

10 October 2008 by rich

< !http://s.wsj.net/public/resources/images/P1-AN227B_MARKE_NS_20081009223754.gif> Where will the market go. The thing that is wrong about the chart is that it is not inflation adjusted, the 1970s chart is really straight down on a real basis.

GeekTagged Geek, Inflation

1970s

9 October 2008 by rich

!<http://mises.org/images3/Dow65-84.gif! For some reason the 1970s don’t have a fancy label although I remember stagflation. Like the depression, it all started with the 1960s which featured massive deficit spending (to fund the Vietnam War, sound familiar) and loose monetary policy to reduce the sting of the deficit (sound familiar) but which caused a massive bubble […]

GeekTagged Geek, Gif, Great Depression, Images3, Inflation, Last Time, Lt, Marketoracle, Monetary Policy, Oracle, Reason, Stagflation, Stimulus, Sting, Stock Crash, Vietnam War

Paul, Deon & Tong

Now with rotating cohosts Rich, Paul and Deon cover all the current news, all things Apple, Smart Home and Smart EDC with Paul. And all things Startups, Robotics, Smart Health and Artificial Intelligence with Deon. Or whatever they want to talk about.

Tips, tricks and traps on technology, mobile, software, machine learning and shopping since 1996

A conversation with Devindra on the possibilities of ChatGPT and other Large Language Models for education in India and other Middle and Low-Income Countries. While these large language models today mainly work in the cloud and require high-speed internet connectivity, the promise is that smaller models that are more specialized have already been ported to MacBook Pro M1 and other laptops. And with advances like 4-bit quantization, there is the possibility they can even run on modern smartphones.The experience in China and in India is that parents will save inordinately to give their children a better life than theirs. Both Devindra and I are the beneficiaries of that thinking and we are forever grateful to our parents for their sacrifice. So, this means that there is a possibility that there could be a commercial incentive which is much better than constantly asking for charitable dollars.The new LLMs promise interactivity and individualized instruction that was impossible before. Early demonstrations of learning a foreign language are promising as is the student being able to ask the ”why” of how Python is structured, not just the ”get it done” without understanding that online education often creates.Finally, having an eye toward inclusivity for everyone of any gender, race or social status is something that needs to be baked in. We look forward to helping!

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