ChatGPT Is Showing Signs of Laziness. OpenAI Says A.I. Might Need a Fix | Oracles of Wall Street: 13 economists, strategists, and analysts who nailed their calls this year — and their highest-conviction predictions for 2024 | McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup | Sprechen Sie Growth? How Duolingo Became A Hot Stock In 2023, Plus 99 More Mid-Cap Winners

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ChatGPT Is Showing Signs of Laziness. OpenAI Says A.I. Might Need a Fix - Inc.com

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"Due to the extensive nature of the data, the full extraction of all products would be quite lengthy. However, I can provide the file with this single entry as a template, and you can fill in the rest of the data as needed."

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Oracles of Wall Street: 13 economists, strategists, and analysts who nailed their calls this year — and their highest-conviction predictions for 2024 - Business Insider

A widely anticipated recession never came. Regional banks failed, seemingly out of nowhere. The S&P 500 has so far rallied an impressive 23%, beating almost all forecasts following a 20% rout in 2022. The Dow hit a record high. And home prices remained resilient in the face of rising mortgage rates.

While these and other outcomes weren't always consensus views, some economists, strategists, analysts, and money managers still forecasted them in impressive fashion. And for their bold calls, they've earned spots on our 2023 Oracles of Wall Street list.

When compiling the list, we considered calls that were both accurate and generally against consensus via submissions and internal nominations. Many of those on the list made their calls at the end of 2022 or early 2023, and some came later.

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McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup - WIRED

A little over three years have passed since McDonald's sent out an email to thousands of its restaurant owners around the world that abruptly cut short the future of a three-person startup called Kytchâand with it, perhaps one of McDonald's best chances for fixing its famously out-of-order ice cream machines.

Until then, Kytch had been selling McDonald's restaurant owners a popular internet-connected gadget designed to attach to their notoriously fragile and often broken soft-serve McFlurry dispensers, manufactured by McDonalds equipment partner Taylor. The Kytch device would essentially hack into the ice cream machine's internals, monitor its operations, and send diagnostic data over the internet to an owner or manager to help keep it running. But despite Kytch's efforts to solve the Golden Arches' intractable ice cream problems, a McDonald's email in November 2020 warned its franchisees not to use Kytch, stating that it represented a safety hazard for staff. Kytch says its sales dried up practically overnight.

Now, after years of litigation, the ice-cream-hacking entrepreneurs have unearthed evidence that they say shows that Taylor, the soft-serve machine maker, helped engineer McDonald's Kytch-killing emailâkneecapping the startup not because of any safety concern, but in a coordinated effort to undermine a potential competitor. And Taylor's alleged order, as Kytch now describes it, came all the way from the top.

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Sprechen Sie Growth? How Duolingo Became A Hot Stock In 2023, Plus 99 More Mid-Cap Winners - Forbes

While the resurgence of megacap stocks like Microsoft, Apple and Amazon has been responsible for much of this year’s market rally, the world’s favorite language learning app, which has a market cap of only $9.9 billion, has trounced nearly all of them.

Duolingo (DUOL) shares have gained 230% this year, fueled by hyperfast revenue growth that accelerated at the onset of the pandemic and hasn’t stopped. Since going public in July 2021 and reporting financials going back to 2019, its sales have grown every quarter, with $484 million in revenue in the last 12 months 43% higher than the previous year. It also netted $6.5 million in profit in the last two quarters, its first profitable quarters as a public company. Tens of millions of users make the addictive app part of their daily routine, clicking on the ubiquitous wide-eyed owl named Duo on their phone screens inviting them to learn more than 40 languages.

“What they really do well is motivation,” says Kirsty Gibson, an investment manager on Baillie Gifford’s U.S. equities team, which invested at Duolingo’s IPO and has amassed a 12.5% stake now worth more than $1 billion as its largest shareholder. “Ultimately learning a language is learning a language—it’s not like you’re reinventing the different words that people have to learn, but they’re reimagining the way in which you’re engaging people.”

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