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ChatGPT, Gemini, and Claude Compared

Jordan Waverly
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ChatGPT, Gemini, and Claude Compared

Chatbots Have Changed Many Professionals’ Workflows and Processes

What Is The Difference Between ChatGPT, Gemini, And Claude?

ChatGPT Gemini Claude
Pricing ChatGPT’s original version remains free to users. ChatGPT Plus is available for $20/month. Team (starts at $25/month) and Enterprise options available. Free for the base platform and a cost of $19.99/month for the advanced tier. Free, Pro ($20/month), Team ($25/month), and Enterprise options available.
API Yes Yes Yes
Developer OpenAI Alphabet/Google Anthropic
Technology GPT-4 Combination of models (LaMDA, PaLM 2) Claude Opus
Information Access Training data with a cutoff date of 2023 but the Pro version has access to real-time data. Real-time access to the data Google collects from search. Real-time access to data.

GPT: Chat Generative Pre-Trained Transformer

GPTs are trained on tons of data using a two-phase concept called "unsupervised pre-training and then fine-tuning." Imagine consuming trillions of data points, and then someone comes along after you gain all of this knowledge to fine-tune it. That’s what is happening behind the scenes when you prompt ChatGPT.

LaMDA Stands For Language Model For Dialogue Applications

Google’s team initially chose a LaMDA model for its neural network to create a more natural way to respond to questions. The goal was to provide conversational responses to queries.

Hallucinations Can Happen

Chatbots can hallucinate, but they’re also very convincing in their responses. It’s important to heed the warning of the developers.

Conclusion

Each tool has its own strengths and weaknesses. It’s clear that Gemini lacks in its initial response, although it’s quick and provides decent answers. Gemini has a nice UI, and I believe it has the answers. But I also think it has some "brain fog," or should we call it "bit fog?"

Claude’s bot is very polished and ideal for people looking for in-depth answers with explanations.

Which Chatbot Is Better At This Stage?

Gemini and Claude win this query because they provide more in-depth, meaningful answers. I see some similarities between these two responses and would love to see the sources for both.

Is AI "Out Of Control?"

Elon Musk, Steve Wozniak, and over a thousand other leaders in tech, AI, ethics, and more called for a six-month pause on AI beyond GPT-4 back in 2023. The pause was not to hinder progress but to allow time to understand the "profound risks to society and humanity."

FAQs

Q: What are the differences between ChatGPT, Gemini, and Claude?
A: Each tool has its own strengths and weaknesses, with different pricing, API, developer, and technology.

Q: Which chatbot is better at providing in-depth answers?
A: Gemini and Claude win this query because they provide more in-depth, meaningful answers.

Q: Can chatbots hallucinate?
A: Yes, chatbots can hallucinate, but they’re also very convincing in their responses. It’s important to heed the warning of the developers.

Q: Is AI "out of control?"
A: Elon Musk, Steve Wozniak, and over a thousand other leaders in tech, AI, ethics, and more called for a six-month pause on AI beyond GPT-4 back in 2023.

Leigh Goehring: Gold’s “Massive Bull Market” Just Starting; Uranium and Copper Outlook

Phil
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0
Leigh Goehring: Gold’s “Massive Bull Market” Just Starting; Uranium and Copper Outlook



Leigh Goehring, managing partner at Goehring & Rozencwajg, shared his outlook for gold, outlining calculations that show the yellow metal potentially rising to the US$15,000 to US$25,000 per ounce range in this cycle.

“We’re a believer that we have just entered into a massive bull market in gold, and the underlying fundamental reasons are the fact that over the last 15 years, ever since the global financial crisis, we’ve printed so much money,” he said.

Goehring said that in a May 2000 interview with Forbes Magazine, he predicted the yellow metal could rise as high as US$2,500 — a call that was considered “outrageous” given gold’s price of US$250 at the time.

However, over the next 10 years, gold ran to US$1,900 before pulling back.

“Even thought US$2,500, my target price, wasn’t reached, it got awfully darn close,” he told the Investing News Network. “So that shows you that there is some validity to the way we looked at gold prices relative to money.”

It’s using that same methodology that he gets a US$15,000 to US$25,000 gold price. “Everyone says, ‘Oh, that’s crazy, how can that be?’ But it’s the same valuation technique that I used back in May 2000,” Goehring explained.

With that in mind, he believes gold price dips should be bought, and said gold stocks are “radically undervalued.”

Goehring also shared his thoughts on what’s next for silver and uranium, and touched on his contrarian outlook for copper, suggesting that demand expectations from the renewable energy sector are overblown.

Watch the interview above for more on those topics and others.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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Behold the Oldest Written Text in the World: The Kish Tablet, Circa 3500 BC

Phil
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0
Behold the Oldest Written Text in the World: The Kish Tablet, Circa 3500 BC


Behold the Oldest Written Text in the World: The Kish Tablet, Circa 3500 BC

Image by José-Manuel Ben­i­to, via Wiki­me­dia Com­mons

Some refer to the writ­ten Chi­nese lan­guage as ideo­graph­ic: that is, struc­tured accord­ing to a sys­tem in which each sym­bol rep­re­sents a par­tic­u­lar idea or con­cept, whether abstract or con­crete. That’s true of cer­tain Chi­nese char­ac­ters, but only a small minor­i­ty. Most of them are actu­al­ly logographs, each of which rep­re­sents a word or part of a word. But if you dig deep enough into their his­to­ry — and the his­to­ry of oth­er Asian lan­guages that use Chi­nese-derived vocab­u­lary — you’ll find that some start­ed out long ago as pic­tographs, designed visu­al­ly to rep­re­sent the thing to which they referred.

That does­n’t hold true for Chi­nese alone: it appears, in fact, that all writ­ten lan­guages began as forms of pic­to­graph­ic “pro­to-writ­ing,” at least judg­ing by the ear­li­est texts cur­rent­ly known to man. If we look at the old­est of them all, the lime­stone “Kish tablet” unearthed from the site of the epony­mous ancient Sumer­ian city in mod­ern-day Iraq, we can in some sense “read” sev­er­al of the sym­bols in its text, even five and a half mil­len­nia after it was writ­ten. “The writ­ing on its sur­face is pure­ly pic­to­graph­ic,” says the nar­ra­tor of the brief IFLScience video below, “and rep­re­sents a mid­point between pro­to-writ­ing and the more sophis­ti­cat­ed writ­ing of the cuneiform.”

Cuneiform, pre­vi­ous­ly fea­tured here on Open Cul­ture, was used by the ancient Baby­lo­ni­ans to label maps and record stew recipes, among oth­er impor­tant tasks. “First devel­oped around 3200 B.C. by Sumer­ian scribes in the ancient city-state of Uruk, in present-day Iraq, as a means of record­ing trans­ac­tions, cuneiform writ­ing was cre­at­ed by using a reed sty­lus to make wedge-shaped inden­ta­tions in clay tablets,” says Archae­ol­o­gy mag­a­zine. Over 3,000 years, this ear­li­est prop­er script “was used by scribes of mul­ti­ple cul­tures over that time to write a num­ber of lan­guages oth­er than Sumer­ian, most notably Akka­di­an, a Semit­ic lan­guage that was the lin­gua fran­ca of the Assyr­i­an and Baby­lon­ian Empires.”

Cuneiform was also used to write the Scheil dynas­tic tablet, which dates from the ear­ly sec­ond mil­len­ni­um BC. That means we can read it, and thus know that it com­pris­es a lit­er­ary-his­tor­i­cal text that lists off the reigns of var­i­ous rulers of Sumer­ian cities. We should note that the Scheil dynas­tic tablet is also, some­times, referred to as the “Kish tablet,” which sure­ly caus­es some con­fu­sion. But for the anony­mous writer of the ear­li­er Kish tablet, who would have lived about two mil­len­nia ear­li­er, the emer­gence of cuneiform and all the civ­i­liza­tion­al devel­op­ments it would make pos­si­ble lay far in the future. His pic­to­graph­ic text may nev­er be deci­phered prop­er­ly or mapped to a his­tor­i­cal­ly doc­u­ment­ed lan­guage, but at least we can tell that he must sure­ly have had hands and feet more or less like our own.

Relat­ed con­tent:

The Old­est Known Sen­tence Writ­ten in an Alpha­bet Has Been Found on a Head-Lice Comb (Cir­ca 1700 BC)

How to Write in Cuneiform, the Old­est Writ­ing Sys­tem in the World: A Short, Charm­ing Intro­duc­tion

Dic­tio­nary of the Old­est Writ­ten Lan­guage – It Took 90 Years to Com­plete, and It’s Now Free Online

How Writ­ing Has Spread Across the World, from 3000 BC to This Year: An Ani­mat­ed Map

40,000-Year-Old Sym­bols Found in Caves World­wide May Be the Ear­li­est Writ­ten Lan­guage

Based in Seoul, Col­in Marshall writes and broad­casts on cities, lan­guage, and cul­ture. His projects include the Sub­stack newslet­ter Books on Cities and the book The State­less City: a Walk through 21st-Cen­tu­ry Los Ange­les. Fol­low him on Twit­ter at @colinmarshall or on Face­book.



FirstHealth Improves Outcomes with Home Observation

Phil
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0
FirstHealth Improves Outcomes with Home Observation

The Problem

Like most health systems across the United States, Pinehurst, North Carolina-based FirstHealth of the Carolinas has challenges with bed capacity and is always working on new and innovative ways to increase it in a safe and financially responsible way.

Proposal

The Observation at Home (OAH) program is designed to increase bed capacity across the health system by discharging stable patients who can be managed at home via the program but would otherwise need to have stayed in the hospital if taken care of by traditional medicine.

Meeting the Challenge

"We complete our telemedicine video visits using the Epic EHR," said Stephen Kapa, administrative director of telehealth services at FirstHealth of the Carolinas. "All information is relayed through that platform. For the patients who transition to the VCAH program, we use Health Recovery Solutions blood pressure cuffs and pulse oximeters. The patients download an app from the vendor on their phone and can upload their readings from their monitoring devices through the app.

Results

"One of our biggest achievements in the past 14 months has to be the average daily census in the program," Kapa reported. "Our fiscal year runs from October to October. In the first week of October of 2023, our average daily census was under two. We have had our peaks and troughs over the year, but the trend line has always been positive. In the last week of our fiscal year, we averaged 13 patients per day.

Advice for Others

"My advice is twofold," Kapa said. "Keep things as simple as possible and be persistent. As you can see by the growth of our average daily census, it didn’t grow overnight nor on its own. You need to be very persistent in delivering your message about the program to all groups, especially providers and discharge planners.

Conclusion

FirstHealth of the Carolinas has successfully implemented the OAH program to increase bed capacity and reduce readmissions. The program has shown promising results, with an average daily census of 13 patients and a 30-day readmission rate of under 10%. The program has also received positive feedback from patients and families who appreciate the ability to receive care safely at home.

FAQs

Q: What is the Observation at Home (OAH) program?
A: The OAH program is a telemedicine-based program that allows stable patients to receive care at home instead of in a hospital.

Q: How does the OAH program work?
A: The program involves a paramedic visiting the patient’s home, performing an in-person assessment, and connecting with a provider via tele-video to complete the remainder of the visit.

Q: What types of patients are eligible for the OAH program?
A: Patients with diagnoses such as CHF, COPD, pneumonia, influenza, COVID-19, asthma, need for IV antibiotics, cellulitis rechecks, and abdominal pain rechecks are eligible for the program.

Q: How does the OAH program impact bed capacity?
A: The program increases bed capacity by discharging stable patients who can be managed at home, freeing up hospital beds for more critically ill patients.

Q: What are the benefits of the OAH program?
A: The program has shown promising results, including a 30-day readmission rate of under 10%, and has received positive feedback from patients and families who appreciate the ability to receive care safely at home.

Transforming Remote Patient Monitoring with IoT

Phil
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0
Transforming Remote Patient Monitoring with IoT

The Role of IoT in Remote Patient Monitoring

As the aging population continues to grow, remote patient monitoring (RPM) is becoming an increasingly important healthcare option. A recent industry report shows that more than 60 million people in the U.S. will have used remote patient monitoring in 2024.

How IoT Can Improve RPM and Patient Outcomes

The IoT is revolutionizing remote patient monitoring by enabling real-time data collection, analysis, and intervention. With IoT-enabled devices, healthcare providers can continuously monitor patients from anywhere, reducing the need for frequent in-person visits. This capability is particularly important for managing chronic conditions like diabetes, hypertension, and heart disease, where ongoing tracking is crucial for timely intervention.

IoT-Driven Remote Monitoring Systems

IoT-driven remote monitoring systems can significantly reduce healthcare costs by avoiding unnecessary hospital admissions and emergency room visits. By having access to real-time data, doctors can make more informed decisions, intervene earlier, and prevent complications, ultimately leading to improved patient outcomes.

Challenges with IoT Medical Devices and RPM

One of the biggest challenges hospitals and health systems face with IoT medical devices is the integration of these technologies into their existing IT infrastructure. Many healthcare providers still operate on legacy systems not designed to support the data-intensive, real-time capabilities of modern IoT devices.

Trends with IoT Medical Devices in RPM

There are about 17 billion IoT-connected devices anticipated in 2024, surging to more than 30 billion by 2030. To stay ahead, both IoT and healthcare professionals have to stay on top of security needs. Artificial intelligence and machine learning are two of the most exciting trends in IoT, enabling predictive analytics that can help healthcare providers anticipate patient needs and intervene before issues escalate.

Conclusion

The integration of IoT technology into remote patient monitoring is transforming the way healthcare providers deliver care. With the ability to collect and analyze real-time data, healthcare providers can make more informed decisions, intervene earlier, and prevent complications, ultimately leading to improved patient outcomes. As the IoT continues to evolve, we can expect to see even more innovative applications in healthcare, including the use of artificial intelligence and machine learning.

FAQs

Q: How can IoT help improve RPM and patient outcomes?

A: The IoT is revolutionizing remote patient monitoring by enabling real-time data collection, analysis, and intervention.

Q: What are some challenges hospitals and health systems face with IoT medical devices and RPM?

A: One of the biggest challenges is the integration of these technologies into their existing IT infrastructure.

Q: What are some trends with IoT medical devices in RPM?

A: There are about 17 billion IoT-connected devices anticipated in 2024, surging to more than 30 billion by 2030. Artificial intelligence and machine learning are two of the most exciting trends in IoT, enabling predictive analytics that can help healthcare providers anticipate patient needs and intervene before issues escalate.

Q: How can IoT-driven remote monitoring systems reduce healthcare costs?

A: IoT-driven remote monitoring systems can significantly reduce healthcare costs by avoiding unnecessary hospital admissions and emergency room visits.

Learn How Storytelling Can Make Cybersecurity Training Fun and Effective

Phil
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0
Learn How Storytelling Can Make Cybersecurity Training Fun and Effective


Nov 08, 2024The Hacker NewsCybersecurity Awareness / Webinar

Let’s face it—traditional security training can feel as thrilling as reading the fine print on a software update. It’s routine, predictable, and, let’s be honest, often forgotten the moment it’s over. Now, imagine cybersecurity training that’s as unforgettable as your favorite show.

Remember how “Hamilton” made history come alive, or how “The Office” taught us CPR (Staying Alive beat, anyone?)? That’s the transformative power of storytelling—and it’s exactly what Huntress Managed Security Awareness Training (SAT) is bringing to cybersecurity.

Why Storytelling is the Secret Weapon in Security Training:

Human brains are wired for stories; it’s how we process complex information and retain it. Stories give lessons meaning and make concepts stick, so why not apply this to something as vital as cybersecurity awareness?

In our upcoming webinar, “Storytime with Huntress Managed Security Awareness Training,” we’re diving into why storytelling isn’t just for movies—it’s a game-changer for cybersecurity training.

What to Expect in the Webinar:

Industry experts, Dima Kumets (Principal Product Manager) and James O’Leary (Product Marketing Manager), will guide you through a fresh approach to security training that resonates with users and admins alike. Here’s what we’ll cover:

  1. Why Storytelling Works: Understand how storytelling can make complex cybersecurity concepts engaging and relatable, fostering stronger retention and action.
  2. The Benefits of a Managed Solution: Discover how Huntress Managed SAT supports your training admins with streamlined, effective security awareness training.
  3. Innovative Tools to Boost Engagement: From Phishing Defense Coaching to gamification, we’ll show you how new capabilities make learning enjoyable and practical for all users.

Ready to supercharge your security culture with training that sticks? Join us and see how Huntress SAT transforms security awareness into an engaging story your team won’t forget.

Sign up now to reserve your spot – and take the first step toward a security culture that’s both strong and memorable.

Found this article interesting? This article is a contributed piece from one of our valued partners. Follow us on Twitter and LinkedIn to read more exclusive content we post.



Play AI raises $4.3M to use AI for ‘hyper-personalized gaming’ – VentureBeat

Phil
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0
Play AI raises .3M to use AI for ‘hyper-personalized gaming’ – VentureBeat



Play AI raises $4.3M to use AI for ‘hyper-personalized gaming’  VentureBeat

Understanding AI’s impact on the workforce

Phil
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0
Understanding AI’s impact on the workforce


The Tony Blair Institute (TBI) has examined AI’s impact on the workforce. The report outlines AI’s potential to reshape work environments, boost productivity, and create opportunities—while warning of potential challenges ahead.

“Technology has a long history of profoundly reshaping the world of work,” the report begins.

From the agricultural revolution to the digital age, each wave of innovation has redefined labour markets. Today, AI presents a seismic shift, advancing rapidly and prompting policymakers to prepare for change.

Economic opportunities

The TBI report estimates that AI, when fully adopted by UK firms, could significantly increase productivity. It suggests that AI could save “almost a quarter of private-sector workforce time,” equivalent to the annual output of 6 million workers.

Most of these time savings are expected to stem from AI-enabled software performing cognitive tasks such as data analysis and routine administrative operations.

The report identifies sectors reliant on routine cognitive tasks, such as banking and finance, as those with significant exposure to AI. However, sectors like skilled trades or construction – which involve complex manual tasks – are likely to see less direct impact.

While AI can result in initial job losses, it also has the potential to create new demand by fostering economic growth and new industries. 

The report expects these job losses can be balanced by new job creation. Over the years, technology has historically spurred new employment opportunities, as innovation leads to the development of new products and services.

Shaping future generations

AI’s potential extends into education, where it could assist both teachers and students.

The report suggests that AI could help “raise educational attainment by around six percent” on average. By personalising and supporting learning, AI has the potential to equalise access to opportunities and improve the quality of the workforce over time.

Health and wellbeing

Beyond education, AI offers potential benefits in healthcare, supporting a healthier workforce and reducing welfare costs.

The report highlights AI’s role in speeding medical research, enabling preventive healthcare, and helping those with disabilities re-enter the workforce.

Workplace transformation

The report acknowledges potential workplace challenges, such as increased monitoring and stress from AI tools. It stresses the importance of managing these technologies thoughtfully to “deliver a more engaging, inclusive and safe working environment.”

To mitigate potential disruption, the TBI outlines recommendations. These include upgrading labour-market infrastructure and utilising AI for job matching.

The report suggests creating an “Early Awareness and Opportunity System” to help workers understand the impact of AI on their jobs and provide advice on career paths.

Preparing for an AI-powered future

In light of the uncertainties surrounding AI’s impact on the workforce, the TBI urges policy changes to maximise benefits. Recommendations include incentivising AI adoption across industries, developing AI-pathfinder programmes, and creating challenge prizes to address public-sector labour shortages.

The report concludes that while AI presents risks, the potential gains are too significant to ignore.

Policymakers are encouraged to adopt a “pro-innovation” stance while being attuned to the risks, fostering an economy that is dynamic and resilient.

(Photo by Mimi Thian)

See also: Anthropic urges AI regulation to avoid catastrophes

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including Intelligent Automation Conference, BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: ai, artificial intelligence, ethics, government, labor, labour, Legislation, report, research, safety, Society, tony blair institute, workforce

Ryzen 7 9800X3D in Short Supply

Emerson Blake
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0
Ryzen 7 9800X3D in Short Supply

AMD Ryzen 7 9800X3D Launch Halted Due to Low Stock

AMD launched its latest Ryzen 7 9800X3D to glowing reviews this week, but if you’re looking to buy one then you might have to wait for more stock. The 9800X3D is currently sold out at Newegg and Best Buy, with the majority of Micro Center locations also sold out of AMD’s best gaming processor.

Availability Issues Across Europe

The situation is similar across Europe, too. In Germany most retailers have run out of stock, with new shipments not expected to arrive until later this month. In the UK Scan is accepting preorders for the 9800X3D, but stock won’t arrive until November 29th. Overclockers in the UK says its stock is currently held at UK customs and that its first and second shipments are allocated and sold out. It’s not expecting another shipment until December.

Scalpers Take Advantage of Low Stock

AMD computing and graphics boss Jack Huynh shared photos on X of people lining up for the 9800X3D at retailers, while AMD CEO Lisa Su has been signing some of the CPUs for “some special partners.” Naturally, scalpers are trying to take advantage of the low stock situation with some 9800X3D listings on eBay asking as much as $999 instead of the $479 retail price of the CPU.

A Wait for the Next Stock Drop

While there’s bound to be some pent-up demand for the 9800X3D after the disappointment of Zen 5 desktop CPUs and Intel’s Core Ultra 9 285K, it’s clear AMD doesn’t have enough stock of this new CPU for its launch period. The 9800X3D launch timing came as a surprise, arriving less than three months after AMD introduced its first Zen 5 desktop CPUs in August. AMD didn’t introduce its Zen 4 X3D parts until five months after the Ryzen 9 7950X was first released in September 2022, with the 7800X3D arriving nearly seven months later.

Conclusion

The launch of the Ryzen 7 9800X3D has been met with excitement, but unfortunately, it seems that AMD doesn’t have enough stock to meet the demand. Gamers and enthusiasts will have to wait for more stock to become available, and in the meantime, scalpers are taking advantage of the situation. It’s unclear when AMD will replenish its stock, but it’s likely that more information will be available in the coming weeks.

FAQs

Q: Why is the Ryzen 7 9800X3D sold out?

A: The Ryzen 7 9800X3D is sold out due to high demand and a shortage of stock.

Q: When will AMD replenish its stock?

A: AMD has not announced when it will replenish its stock, but it is likely that more information will be available in the coming weeks.

Q: What is the price of the Ryzen 7 9800X3D?

A: The retail price of the Ryzen 7 9800X3D is $479, but scalpers are listing it for as much as $999 on eBay.

China raises local government debt ceilings to revive economy

Phil
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0
China raises local government debt ceilings to revive economy


SINGAPORE/SHANGHAI (Reuters) – China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, as policymakers sought to spur the sluggish economy.

The standing committee of the National People’s Congress (NPC) approved the bill during a meeting from Nov. 4 to 8.

Finance Minister Lan Foan signalled further stimulus is in the pipeline, but gave few details.

Local government would be able to use another 4 trillion yuan in issuance that has already been approved to finance the debt swaps, aimed at reducing systemic financial risks.

The announcement of the local government aid was largely in line with market expectations. Reuters had reported authorities were considering a more than 10 trillion yuan ($1.4 trillion) plan to boost growth and help local governments address debt risks.

But investors had been hoping for more measures to boost sluggish consumer and corporate demand.

QUOTES:

CARLOS CASANOVA, ASIA SENIOR ECONOMIST, UBP, HONG KONG

“We were expecting it to be more cautious or a more incremental stimulus package. We had a figure of 2 trillion yuan in mind, and I think it’s more or less in line with expectations that you take into account the time frame.

“It is going to disappoint the market because China needs more essentially. We looked at the size of the unsold inventories of homes plus the size of some of the LGFV bonds that are maturing. We placed the actual size of the package needed around 23 trillion, which is 15% of GDP. We are not getting that. We’re getting a more measured approach where they’re going to issue smaller amounts over the 3 years.

“I don’t think that we will see direct fiscal stimulus aimed at consumption anytime soon. I think you will need a lot more pain for that to materialize and potentially that pain could stem from some of the trade measures that Trump has announced so far. But we don’t know that yet.

“China is probably going to hold back some of that fire power until they have a better idea of what President Trump is planning. I have not revised my GDP growth forecast for 2024, so it remains unchanged at 4.8 % as it is fairly late in the year, fiscal stimulus takes time. However, I have just revised up my GDP forecast for 2025 to 4.7% from 4.5%.”

LYNN SONG, CHIEF ECONOMIST FOR GREATER CHINA, ING, HONG KONG

“The moves are in line with my expectations after the report you guys put out last week. I think markets are on the disappointed side as there were rumours that the policy could be larger if Trump won the U.S. election.

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