If you’ve been trying to buy a house recently on either of the U.S. coasts, you’ve probably been shocked at both prices and their rates of increase. There’s much speculation that the market is in the midst of a “bubble,” with the real question being when it’s going to burst. Now two researchers have published a paper that states that (1) yes, 22 U.S. states are experiencing a bubble, and (2) it’s probably going to burst around mid-2006.
Didier Sornette’s and Wei-Xing Zhou’s analysis differs from just two years ago, when there was no sign of the faster-than-exponential growth characteristic of a bubble. Their conclusions are strengthened by their successful prediction of a housing bubble in the United Kingdom in 2003, where housing prices began dropping in July 2004. Their analysis is nifty, and the mathematics are simple and straightforward. “Soon” might be a good time to sell.
The dark secret behind those cute AI-generated animal images
Google Brain has revealed its own image-making AI, called Imagen. But don't expect to see anything that isn't wholesome.
Inside Charm Industrial’s big bet on corn stalks for carbon removal
The startup used plant matter and bio-oil to sequester thousands of tons of carbon. The question now is how reliable, scalable, and economical this approach will prove.
The hype around DeepMind’s new AI model misses what’s actually cool about it
Some worry that the chatter about these tools is doing the whole field a disservice.
How Charm Industrial hopes to use crops to cut steel emissions
The startup believes its bio-oil, once converted into syngas, could help clean up the dirtiest industrial sector.
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