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Finance Expert Weighs On How Long Will Inflation Last
Published
3 years agoon
Prices are soaring globally. Gas prices are higher than ever, and some businesses have announced material and supply chain shortages as well. Americans are feeling the high costs. And consumers are asking the same question, how long will inflation last? Let’s find out what financial experts say.
How Long Will Inflation Last?
Brian Sozzi, Anchor of Yahoo Finance Live and Editor-At-Large of Yahoo Finance, says that inflation can continue until 2023.
One of the major reasons why inflation is at an all-time high is because of COVID. There are still bottlenecks due to port shutdowns, which are happening in Shanghai. Plus, the war in Ukraine is another driver of rising inflation rates. Sozzi also mentioned a lack of skilled workers are unable to meet high business demands after this pandemic.
What Businesses Have Said
Even Levi’s CFO, Harmit Singh, has said in an interview with Sozzi that if you want a new pair of jeans, you have to buy them NOW. Even before inflation rates have increased, Levi’s already implemented a price increase. They justify their increase due to brand value and innovation.
It’s not only Levi’s that’s having a problem; Intel has also experienced shortages on their side. Pat Gelsinger was interviewed by Sozzi on a separate occasion regarding inflation. He said they had had a “softening on the consumer side,” but they’re still experiencing ups on the business or commercial side.
If big businesses like Levi’s and Intel are experiencing this problem, small businesses have been significantly impacted by high inflation as well. CNBC talked to Kate Russell and Mindy Godding. Russell said they increased their costs to 5% (from 15% to 20%). She says that she feels bad about raising prices. Meanwhile, Godding’s employees had difficulties with gas prices and increased wages. In turn, she had to raise prices.
What Can You Do?
Sozzi proposes a solution for consumers: adapt and overcome. Unfortunately, inflation is out of our control, and the best we can do is save our money and use more affordable alternatives that won’t break the bank. Sozzi has even shared that he’s no longer ashamed that he’s eating frozen food and that you could shop at retail stores that sell items at a lower price. So, instead of going to Kohl’s, why not try Marshall’s?
What advice have other financial experts offered for individuals struggling with this current inflation situation?
Tips from NerdWallet
Chanelle Bessette from NerdWallet suggests three ways to save some money.
- Lifestyle changes – Unfortunately, with inflation lasting longer than usual, lifestyle changes ARE a must. Sozzi from Yahoo Finance did offer this advice too. But Bessette expounds by letting consumers know how to keep costs low. She cites an example– Amanda Claypool. Instead of using her car to travel, she uses a bike and eats more rice and beans. Another piece of advice Bessette offers is identifying which streaming services you no longer use and unsubscribing to them. Or, if your home expenses are higher than usual, why not try downsizing?
- Buying bonds and investing – There’s risk associated with investing, of course. However, investing your money could help you in the long run. She talked to Walter Russell, CEO of Russell and Company, regarding bonds and investments. Russell tells her that individuals should consider savings bonds, especially TreasuryDirect Series I. Having this would help you have a higher return after a year or so.
- High-Yield Interest Rates – Bessette knows it can be difficult to acquire loans during high inflation. However, she says that you can rely on banks with high-yield interest rates for your savings. The average interest rate is 0.06%. Still, it’s a good idea to put your money in a savings account, which could help you with expenses in the future.
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Entertainment
FN Meka, the world’s first AI rapper, gets booted out by record label
Published
3 weeks agoon
August 29, 2025By
Carmen DayUnfortunately, we’ve reached a point where companies use AI to create artist identities. For example, at the 2022 VMAs, Eminem and Snoop Dogg performed with their avatars in the metaverse. And AI rappers are no different. The first AI-generated rapper was FN Meka, who burst onto the scene in April 2019.
Soon enough, he gained a huge following on Tiktok for his Hypebeast aesthetic and larger-than-life personality. In 2021, his Tiktok ballooned to 10 million followers. His popularity prompted Capital Records to sign him on August 14 this year. But, internet users began pulling up records of his questionable online behavior. Ten days later, his label booted him out.
Here’s how it happened.
Apparently, AI rappers exist.
FN Meka’s concept isn’t a true original. In fact, when it comes to virtual rap avatars, you’d probably think of British rap group Gorillaz first.
Brandon Le created the AI rapper avatar to sell non-fungible tokens. However, executive Anthony Martini led the avatar to new heights. Martini signed the rapper to Factory New, a record label he made for virtual artists.
His first single, “Florida Water,” features Gunna and Cody “Cix” Conrod, a Fortnite player. On the day FN Meka signed the deal, the single was released.
The rapper is the first artist to sign in Factory New.
The downfall
A few days after his new record deal, Industry Blackout, an online activist group, called out FN Meka over his questionable actions.
For one, the AI rapper had used the N-word in several of his songs, including his first single. He also mocked police brutality and posted a picture of himself being beaten up by the police.
Plus, FN Meka was criticized for racially stereotyping Black people because of his appearance and aesthetic. Furthermore, rumors began circulating that no actual Black people were involved in his creation in the first place.
Other news outlets also criticized the AI rapper for collaborating with Gunna, who is in jail for racketeering.
The record company has since dropped him. In a statement, the record label offered “their deepest apologies to the Black community.” Because of FN Meka’s actions, the label has cut ties with him “effective immediately.”
More and more problems
It doesn’t end there.
Kyle the Hooligan has come forward as the voice behind FN Meka. And the rapper has dropped new information on the issue. He alleges that the company did not pay him for the first three songs he made for the AI rapper. He also claims to have been ghosted by the creators at around 2021, when FN Meka just started gaining traction.
Of course, this comes as a surprise. Factory New claims that the AI writes the song while the humans only perform it.
Kyle doesn’t know who currently voices FN Meka, and he hasn’t probed it. What we know for sure, though, is that the rapper is based on other trendy rappers like Ice Narco, Lil Pump, and 6ix9ine.
On August 28, Kyle the Hooligan announced that he would file a lawsuit against Brandon Le and Factory New.
There’s a sort of irony in FN Meka. The AI rapper, voiced by a Black artist, is the product of white creators. And some activists and critics even call the AI rapper a new form of blackface. Here, critics argue that anyone can use and adopt Blackness without being Black. Today, a majority of FN Meka’s music and videos have been deleted from TikTok. Martini has also walked away from Factory New and FN Meka, leaving the rapper’s fate hanging in the air.
Top Stories
Meta Sphere AI: New AI Knowledge Tool Based on Open Web Content
Published
1 month agoon
August 15, 2025Facebook says it wants to help fight misinformation rampant across the internet in recent years. But it’s an issue it may have helped create in the first place. Facebook parent company Meta announced a new AI-powered tool on July 11 called Sphere. The Meta Sphere AI is intended to help detect and address misinformation, or “fake news,” on the internet. The company claims it is the first AI model that can automatically scan numerous citations at once.
How It Works
The idea behind applying Meta Sphere AI for Wikipedia is quite simple. The online encyclopedia contains 6.5 million entries. On average, it displays almost 17,000 articles added monthly. The wiki concept behind that means that adding and editing content is crowd-sourced. While there is an editorial team, it is still a tiring task that increases daily.
At the same time, the Wikimedia Foundation oversees Wikipedia and has been weighing up new ways of leveraging all that data.
Meta’s announcement regarding a partnership with Wikipedia does not reference Wikimedia Enterprise. Adding more tools for Wikipedia ensures that its content is verified and accurate. So, it will be something that target Enterprise service customers will want to know when considering paying for the service.
Meta has confirmed that there is no financial arrangement in this deal. However, the company notes that training the Meta Sphere AI model created “a new data set (WAFER) of 4 million Wikipedia citations.
What Can Happen in The Future
Based on the comments that TechCrunch got from Meta, here are the things that might happen soon.
- Meta believes that the Sphere’s “white box” knowledge base has significantly more data than traditional “black box” knowledge sources. The 134 million documents at Meta used together to develop the Sphere AI were split into 906 million passages of 100 tokens each.
- By open sourcing this tool, Meta argues it’s a more solid foundation for AI training models and other work than any proprietary base. It concedes that the very foundations of the knowledge are potentially shaky, especially in these early days. What if a “truth” is not reported as widely as fake news? That’s where Meta wants to focus its future efforts in Sphere. Meta intends to develop models to evaluate the quality of retrieved documents, detect potential errors and prioritize more credible sources.
- Meta Sphere AIl raises some interesting questions on what Sphere’s hierarchy of truth will be based on compared to other knowledge bases. Because it’s open source, users may be able to tweak those algorithms in ways better suited to their own needs.
- Meanwhile, Meta has confirmed that it is not using Sphere or a version of it on its platforms like Facebook, Instagram, and Messenger, which have long grappled with misinformation and toxicity from bad actors. (We have also asked whether other customers are in line for Sphere.) It has separate tools to manage its content and moderate it.
- The development seems to be designed for mega scale. Wikipedia’s current size has exceeded what any great team of humans could check for accuracy. The critical point is that Sphere is being used to automatically scan hundreds of thousands of citations simultaneously to spot when a citation doesn’t have much support across the wider web.
While Meta Sphere AI is still in the production phase, it also seems like the editors might be selecting the content, which might need verifying for now. Eventually, Meta’s goal is to build a platform to help Wikipedia editors systematically spot citation issues and quickly fix them or correct the content of the corresponding article at scale.
And for other news stories, read more here at Owner’s Mag!
Ever felt dizzy or nauseous after using your laptop or smartphone? These could be signs of cybersickness. But what is cybersickness? Angelica Jasper, a Ph.D. student in Human-Computer Interaction at Iowa State University, explains its symptoms and how to cope with it
What is Cybersickness?
Cybersickness is a cluster of symptoms during the absence of physical motion, akin to motion sickness. These symptoms are categorized into nausea, oculomotor issues, and general disorientation. Oculomotor symptoms, including eye strain, fatigue, and headaches, involve stressing the nerve that controls eye movement. Disorientation can manifest as dizziness and vertigo. Meanwhile, several cybersickness symptoms overlap categories, such as difficulty concentrating and blurred vision. These issues can persist for several hours and may affect sleep quality.
People can experience the symptoms when using daily devices like computers, phones, and TV. In 2013, Apple introduced a parallax effect on iPhone lock screens that made the background image seem like it floated when a user moved their phone around. But, many people found it extremely uncomfortable. Surprisingly, the reason behind the discomfort is that it triggered cybersickness symptoms.
However, some researchers have different views about why people experience cybersickness. For instance, sensory conflict theory assumes that it is due to a mismatch of information sensed by our body parts that regulate vision and balance. Using every device can cause this conflict between visual perception and physical experience.
Cybersickness in Virtual and Augmented Reality
Cybersickness symptoms are perceived to become more intense with virtual reality (VR) and augmented reality (AR).
VR is widely available through popular gaming platforms like Facebook’s Oculus devices and Sony PlayStation VR. VR can trigger severe levels of nausea that increase with the duration of use. Also, this can cause some applications and games unusable for many individuals.
AR, on the other hand, are head-mounted devices that allow the user to see what’s in front of him. This includes games like Pokémon Go, accessible on your phone or tablet. Prolonged use of AR devices can result in more severe oculomotor fatigue.
A rise in the popularity of owning AR and VR devices can trigger an increase in cybersickness symptoms. Research and Markets estimate that adopting these technologies for various purposes may grow over 60 percent and reach USD 905.71 billion by 2027.
Cybersickness Symptoms Is Dangerous
While cybersickness symptoms may initially appear mild, they can have enduring effects over time. This may not seem like a big issue initially, but lingering symptoms may affect your ability to function well and could be dangerous. Symptoms such as severe headache, eye strain, or dizziness could affect your coordination and attention. If these symptoms persist while driving, it could lead to a car accident.
How to Deal With Cybersickness
If you are experiencing cybersickness symptoms, there are a few ways to ease the discomfort.
- Use blue light glasses to block out some of the blue light waves on your device screen.
- Zoom in your device screen or use larger font sizes to lessen eye strain and make daily work more sustainable and productive.
- Adjust devices visually, so your eyes are as comfortable as possible.
- Use devices in open spaces to reduce the risk of getting injured if you get dizzy and lose your balance.
- Take a short break if you start to feel any discomfort.
Proper Use of New Technology
The work-from-home trend has grown as a result of the COVID-19 pandemic. Commuting to work at an office setup was replaced with staying at home and enduring endless Zoom meetings. Even though the convenience is undeniable, it has also come with an increasing awareness of how hard it can be to look at a screen for over 40 hours per week.
However, don’t let cybersickness affect your motivation. As researchers continue to find ways to address cybersickness across all devices, people may be able to enjoy advancements in innovative technologies in the future without feeling uncomfortable.