The company behind the Argus II retinal implant is heading back to Nasdaq via reverse merger with ClearOne https://insidebci.com/market/2026-07-02-vivani-cortigent-clearone-reverse-merger-nasdaq-visual-cortical-prosthesis/
New arXiv preprint! With my #PurdueFortWayne colleague Yifei Pan. 🐘 Here's a thread (1/n)
https://arxiv.org/abs/2606.01447
Do People Follow AI Advice? Evidence from a Pension Portfolio Choice Experiment
Hongseok Choi, Jeongbin Kim, Matthew Kovach, Kyu-Min Lee, Euncheol Shin, Hector Tzavellas
https://arxiv.org/abs/2608.11371 https://arxiv.org/pdf/2608.11371 https://arxiv.org/html/2608.11371
arXiv:2608.11371v1 Announce Type: new
Abstract: We study how differences in AI-generated financial recommendations are transmitted into individual portfolio choices. In an experiment with 400 employed adults enrolled in workplace defined contribution pension plans in South Korea, participants allocate a hypothetical pension balance across eleven products and may revise it after receiving one of two fixed AI-generated recommendations. A $2 \times 2$ design randomizes recommendation content and whether the recommendation includes a short rationale. Approximately 37$\%$ of the experimentally induced difference between the aggressive and conservative recommendations passes through to final portfolios. This causal contrast changes expected portfolio return, volatility, allocations across risk grades, and the number of products held, but produces no detectable difference in computed Sharpe ratios. 81$\%$ of participants revise. Among revisers, 95$\%$ move toward the assigned recommendation and implement about half of the suggested adjustment. Rationales do not detectably alter pass-through. These results show that users partially and selectively transmit recommendation content into economically meaningful differences in risk exposure while retaining substantial weight on their initial choices.
toXiv_bot_toot
Trump, who has lately taken to issuing warnings about a communist plot to take over America,
posits that an island of 9.6 million people
— nearly 90 percent of whom live in extreme poverty amid extended blackouts due to decades of U.S. economic warfare
— is an existential threat to the U.S.
This accusation is not meant to be rational.
It, like the charge that our elections are manipulated, is a transparent excuse to go after institutions and individuals that are…
Slices of the special linear algebraic cobordism spectrum
Ahina Nandy, Oliver R\"ondigs, Egor Zolotarev
https://arxiv.org/abs/2606.05020 https://arxiv.org/pdf/2606.05020 https://arxiv.org/html/2606.05020
arXiv:2606.05020v1 Announce Type: new
Abstract: Let $F$ be a field of exponential characteristic $e$. We compute the slices of $\mathbf{MSL}[e^{-1}]$, where $\mathbf{MSL}$ is the special linear algebraic cobordism spectrum defined by Panin and Walter. The answer is expressed in terms of the second page of the Adams-Novikov spectral sequence for the special unitary cobordism spectrum, which was explicitly determined by Novikov. Its applicability is demonstrated by computations with the slice spectral sequence for $\mathbf{MSL}$, which determine the first few Milnor-Witt stems of its homotopy groups (up to the third) in terms of very effective hermitian $K$-theory. We also establish a decomposition of the rational special linear algebraic cobordism spectrum over an arbitrary qcqs scheme.
toXiv_bot_toot
#FLOSS ecosystem.
I don't think we have a clear idea yet of what's to come, but a recurring image in our conversations is that of feudal age alchemists: closed, hermetic, underground groups, sharing knowledge in tight secret circles, never with the wide public... it's certainly not a pretty picture, but it might be the "rational" conclusion for many.
When we see the threat of big corporations (or just petty unimaginative people) stealing our work, what can we do, when collective action has been labelled as criminal activity, other than hide or risk the severe consequences of being combative?
#ai #generativeAI #fuck_ai