Artificial intelligence will be as intelligent as a human being in 12 years. Google worker Ray Kurzweil, who has been explaining the impact of machines on human life in the coming years, claimed that artificial intelligence would reach human intelligence within 12 years….
Demand for stock protection has been relatively high for contracts expiring in a few months to a whole year from now. This has driven up the cost of bearish put options on the index, bets that could pay out if there were a market swoon.
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