BIG Podcast

Glen speaks with veteran journalist Michael Lev about the supply chain expert’s recent encounter with Chat GPT in which the platform confessed to making stuff up. Also- more on deposit outflows and the sketchy definition of a “small bank.” (Gordon Lightfoot soundtrack optional)   Links related to this episode:     MxD’s Chain Mail newsletter, and Mike’s tale of ChatGPT’s “hallucination”: https://mailchi.mp/mxdusa.org/chainmail-package-delivery-blues   Reuters’ coverage on how the much-hyped “deposit outflows” only affected a small group of “super-regionals”: https://www.reuters.com/markets/us/deposit-outflows-after-svb-collapse-concentrated-among-super-regionals-ny-fed-2023-05-11/    New York Fed research underpinning Reuters’ story: https://libertystreeteconomics.newyorkfed.org/2023/05/bank-funding-during-the-current-monetary-policy-tightening-cycle/    Last week’s BIGCast featuring retired Fed executive Rich Oliver on the latest Payments Study, and a look at deposit insurance hysteria: https://www.big-fi