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People are turning to Snap Map for firsthand perspectives from Gaza
Following the mass shooting at a high school in Parkland, Florida in 2018, students used the map to document and archive the nationwide classroom walkout demanding stricter gun control. During the Black Lives Matter protests in 2020, Snapchat users posted videos expressing solidarity and recording instances of police violence against protestors.
This also isn’t the first time that Snap Map has been used to demonstrate the disparity between Israeli cities and occupied Palestinian territories. The May 2021 court ruling to evict Palestinian families from Sheikh Jarrah prompted weeks of protests internationally, and violent fighting between Hamas and Israel. On Snapchat’s heat map, Stories posted throughout Israel showed users washing their cars and celebrating their birthdays. Stories posted from Gaza documented a neighborhood reduced to rubble.
Snap Map is especially relevant as other mapping sites limit features in the region at the request of the Israel Defence Forces (IDF). Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements.
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9301
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People are turning to Snap Map for firsthand perspectives from Gaza
This also isn’t the first time that Snap Map has been used to demonstrate the disparity between Israeli cities and occupied Palestinian territories. The May 2021 court ruling to evict Palestinian families from Sheikh Jarrah prompted weeks of protests internationally, and violent fighting between Hamas and Israel. On Snapchat’s heat map, Stories posted throughout Israel showed users washing their cars and celebrating their birthdays. Stories posted from Gaza documented a neighborhood reduced to rubble.
Snap Map is especially relevant as other mapping sites limit features in the region at the request of the Israel Defence Forces (IDF). Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements. The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
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9302
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People are turning to Snap Map for firsthand perspectives from Gaza
The May 2021 court ruling to evict Palestinian families from Sheikh Jarrah prompted weeks of protests internationally, and violent fighting between Hamas and Israel. On Snapchat’s heat map, Stories posted throughout Israel showed users washing their cars and celebrating their birthdays. Stories posted from Gaza documented a neighborhood reduced to rubble.
Snap Map is especially relevant as other mapping sites limit features in the region at the request of the Israel Defence Forces (IDF). Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements. The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however.
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9303
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People are turning to Snap Map for firsthand perspectives from Gaza
The May 2021 court ruling to evict Palestinian families from Sheikh Jarrah prompted weeks of protests internationally, and violent fighting between Hamas and Israel. On Snapchat’s heat map, Stories posted throughout Israel showed users washing their cars and celebrating their birthdays. Stories posted from Gaza documented a neighborhood reduced to rubble.
Snap Map is especially relevant as other mapping sites limit features in the region at the request of the Israel Defence Forces (IDF). Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements. The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however. Last year, Snap disabled its heat map in Ukraine as a “safety precaution,” The Verge said, to prevent Russia from tracking civilian evacuations.
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9304
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People are turning to Snap Map for firsthand perspectives from Gaza
On Snapchat’s heat map, Stories posted throughout Israel showed users washing their cars and celebrating their birthdays. Stories posted from Gaza documented a neighborhood reduced to rubble.
Snap Map is especially relevant as other mapping sites limit features in the region at the request of the Israel Defence Forces (IDF). Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements. The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however. Last year, Snap disabled its heat map in Ukraine as a “safety precaution,” The Verge said, to prevent Russia from tracking civilian evacuations. Instead, Snap displayed a “curated feed” of public Stories.
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9305
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People are turning to Snap Map for firsthand perspectives from Gaza
Stories posted from Gaza documented a neighborhood reduced to rubble.
Snap Map is especially relevant as other mapping sites limit features in the region at the request of the Israel Defence Forces (IDF). Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements. The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however. Last year, Snap disabled its heat map in Ukraine as a “safety precaution,” The Verge said, to prevent Russia from tracking civilian evacuations. Instead, Snap displayed a “curated feed” of public Stories.
A spokesperson for Snap told TechCrunch that Snap Map will stay live to allow users to continue sharing their experiences during the crisis, and that the company is monitoring hot spots for content that may spread misinformation or incite violence.
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9306
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People are turning to Snap Map for firsthand perspectives from Gaza
Google disabled live traffic conditions in Israel and the Gaza Strip for Google Maps and Waze last week, Bloomberg reports, “out of consideration for the safety of local communities.” Users can still use navigational features to get around, but aren’t able to see real-time traffic data, according to Bloomberg, because live updates could reveal the Israeli military’s movements. The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however. Last year, Snap disabled its heat map in Ukraine as a “safety precaution,” The Verge said, to prevent Russia from tracking civilian evacuations. Instead, Snap displayed a “curated feed” of public Stories.
A spokesperson for Snap told TechCrunch that Snap Map will stay live to allow users to continue sharing their experiences during the crisis, and that the company is monitoring hot spots for content that may spread misinformation or incite violence. Snap will “closely assess” if it needs to take additional action.
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9307
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People are turning to Snap Map for firsthand perspectives from Gaza
The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however. Last year, Snap disabled its heat map in Ukraine as a “safety precaution,” The Verge said, to prevent Russia from tracking civilian evacuations. Instead, Snap displayed a “curated feed” of public Stories.
A spokesperson for Snap told TechCrunch that Snap Map will stay live to allow users to continue sharing their experiences during the crisis, and that the company is monitoring hot spots for content that may spread misinformation or incite violence. Snap will “closely assess” if it needs to take additional action.
The spokesperson also acknowledged that Snap Map is a crucial resource for “authentic user-generated content” from perspectives that may not be reflected by traditional news outlets.
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9308
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People are turning to Snap Map for firsthand perspectives from Gaza
The Hill reports that Apple Maps took similar action in compliance with the IDF’s request.
The company isn’t indifferent to geopolitical conflict, however. Last year, Snap disabled its heat map in Ukraine as a “safety precaution,” The Verge said, to prevent Russia from tracking civilian evacuations. Instead, Snap displayed a “curated feed” of public Stories.
A spokesperson for Snap told TechCrunch that Snap Map will stay live to allow users to continue sharing their experiences during the crisis, and that the company is monitoring hot spots for content that may spread misinformation or incite violence. Snap will “closely assess” if it needs to take additional action.
The spokesperson also acknowledged that Snap Map is a crucial resource for “authentic user-generated content” from perspectives that may not be reflected by traditional news outlets.
Snap Map has served as an alternative source of eyewitness accounts during times of social unrest, as young people increasingly perceive news media reporting as “biased.” Trust in legacy media is waning in younger generations — a 2022 Pew Research Center survey found that American adults under 30 trust information from social media nearly as much as they trust information from national news outlets.
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9309
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People are turning to Snap Map for firsthand perspectives from Gaza
Instead, Snap displayed a “curated feed” of public Stories.
A spokesperson for Snap told TechCrunch that Snap Map will stay live to allow users to continue sharing their experiences during the crisis, and that the company is monitoring hot spots for content that may spread misinformation or incite violence. Snap will “closely assess” if it needs to take additional action.
The spokesperson also acknowledged that Snap Map is a crucial resource for “authentic user-generated content” from perspectives that may not be reflected by traditional news outlets.
Snap Map has served as an alternative source of eyewitness accounts during times of social unrest, as young people increasingly perceive news media reporting as “biased.” Trust in legacy media is waning in younger generations — a 2022 Pew Research Center survey found that American adults under 30 trust information from social media nearly as much as they trust information from national news outlets. A report conducted by the Knight Foundation earlier this year concluded that perceptions of political bias in news have increased, and young people hold more negative perceptions of news media than their predecessors.
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9310
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People are turning to Snap Map for firsthand perspectives from Gaza
Snap will “closely assess” if it needs to take additional action.
The spokesperson also acknowledged that Snap Map is a crucial resource for “authentic user-generated content” from perspectives that may not be reflected by traditional news outlets.
Snap Map has served as an alternative source of eyewitness accounts during times of social unrest, as young people increasingly perceive news media reporting as “biased.” Trust in legacy media is waning in younger generations — a 2022 Pew Research Center survey found that American adults under 30 trust information from social media nearly as much as they trust information from national news outlets. A report conducted by the Knight Foundation earlier this year concluded that perceptions of political bias in news have increased, and young people hold more negative perceptions of news media than their predecessors. Younger people also consume the most online news, but report the lowest trust in national news outlets.
Although Snapchat isn’t immune to misinformation, it’s worth noting that spreading fake content via Our Story isn’t as easy as reposting a video on X or TikTok.
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9311
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People are turning to Snap Map for firsthand perspectives from Gaza
The spokesperson also acknowledged that Snap Map is a crucial resource for “authentic user-generated content” from perspectives that may not be reflected by traditional news outlets.
Snap Map has served as an alternative source of eyewitness accounts during times of social unrest, as young people increasingly perceive news media reporting as “biased.” Trust in legacy media is waning in younger generations — a 2022 Pew Research Center survey found that American adults under 30 trust information from social media nearly as much as they trust information from national news outlets. A report conducted by the Knight Foundation earlier this year concluded that perceptions of political bias in news have increased, and young people hold more negative perceptions of news media than their predecessors. Younger people also consume the most online news, but report the lowest trust in national news outlets.
Although Snapchat isn’t immune to misinformation, it’s worth noting that spreading fake content via Our Story isn’t as easy as reposting a video on X or TikTok. Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories.
|
9312
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People are turning to Snap Map for firsthand perspectives from Gaza
Snap Map has served as an alternative source of eyewitness accounts during times of social unrest, as young people increasingly perceive news media reporting as “biased.” Trust in legacy media is waning in younger generations — a 2022 Pew Research Center survey found that American adults under 30 trust information from social media nearly as much as they trust information from national news outlets. A report conducted by the Knight Foundation earlier this year concluded that perceptions of political bias in news have increased, and young people hold more negative perceptions of news media than their predecessors. Younger people also consume the most online news, but report the lowest trust in national news outlets.
Although Snapchat isn’t immune to misinformation, it’s worth noting that spreading fake content via Our Story isn’t as easy as reposting a video on X or TikTok. Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories. Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories.
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9313
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People are turning to Snap Map for firsthand perspectives from Gaza
A report conducted by the Knight Foundation earlier this year concluded that perceptions of political bias in news have increased, and young people hold more negative perceptions of news media than their predecessors. Younger people also consume the most online news, but report the lowest trust in national news outlets.
Although Snapchat isn’t immune to misinformation, it’s worth noting that spreading fake content via Our Story isn’t as easy as reposting a video on X or TikTok. Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories. Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories. The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook.
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9314
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People are turning to Snap Map for firsthand perspectives from Gaza
A report conducted by the Knight Foundation earlier this year concluded that perceptions of political bias in news have increased, and young people hold more negative perceptions of news media than their predecessors. Younger people also consume the most online news, but report the lowest trust in national news outlets.
Although Snapchat isn’t immune to misinformation, it’s worth noting that spreading fake content via Our Story isn’t as easy as reposting a video on X or TikTok. Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories. Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories. The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook. Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence.
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9315
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People are turning to Snap Map for firsthand perspectives from Gaza
Younger people also consume the most online news, but report the lowest trust in national news outlets.
Although Snapchat isn’t immune to misinformation, it’s worth noting that spreading fake content via Our Story isn’t as easy as reposting a video on X or TikTok. Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories. Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories. The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook. Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence. Allegations of censorship against Snapchat aren’t as frequent as they are against Meta’s platforms, but many users are still urging others to screen record Stories posted from Gaza in case they are taken down.
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9316
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People are turning to Snap Map for firsthand perspectives from Gaza
Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories. Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories. The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook. Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence. Allegations of censorship against Snapchat aren’t as frequent as they are against Meta’s platforms, but many users are still urging others to screen record Stories posted from Gaza in case they are taken down.
Some are also concerned that internet access in Gaza, which was partially restored after Israel imposed a communications blackout, will be cut again.
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9317
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People are turning to Snap Map for firsthand perspectives from Gaza
Users can upload content from their camera roll to their own Stories, but it won’t be eligible for Our Stories. Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories. The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook. Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence. Allegations of censorship against Snapchat aren’t as frequent as they are against Meta’s platforms, but many users are still urging others to screen record Stories posted from Gaza in case they are taken down.
Some are also concerned that internet access in Gaza, which was partially restored after Israel imposed a communications blackout, will be cut again. TikTok creator divergentredhed posted that she watched the blackout happen in real time on Snapchat.
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9318
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People are turning to Snap Map for firsthand perspectives from Gaza
Snap encourages users to “capture what’s happening” around them to increase their chances of making it to Our Stories. The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook. Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence. Allegations of censorship against Snapchat aren’t as frequent as they are against Meta’s platforms, but many users are still urging others to screen record Stories posted from Gaza in case they are taken down.
Some are also concerned that internet access in Gaza, which was partially restored after Israel imposed a communications blackout, will be cut again. TikTok creator divergentredhed posted that she watched the blackout happen in real time on Snapchat.
“Right there in Gaza it was like a hotspot of Snapchat Stories.
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9319
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People are turning to Snap Map for firsthand perspectives from Gaza
The submission guidelines say that the company looks for “Snaps that provide a window into everyday life.”
Users are also turning to Snapchat for information about Gaza as accusations of shadowbanning Palestinian content fuel distrust in platforms like Instagram and Facebook. Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence. Allegations of censorship against Snapchat aren’t as frequent as they are against Meta’s platforms, but many users are still urging others to screen record Stories posted from Gaza in case they are taken down.
Some are also concerned that internet access in Gaza, which was partially restored after Israel imposed a communications blackout, will be cut again. TikTok creator divergentredhed posted that she watched the blackout happen in real time on Snapchat.
“Right there in Gaza it was like a hotspot of Snapchat Stories. It was yellow and green and red … all of it just went dark.
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9320
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People are turning to Snap Map for firsthand perspectives from Gaza
Meta’s policies aren’t dissimilar to Snap’s Community Guidelines, which prohibit pornographic content, content that advocates or advances terrorism and content that portrays gratuitous or graphic violence. Allegations of censorship against Snapchat aren’t as frequent as they are against Meta’s platforms, but many users are still urging others to screen record Stories posted from Gaza in case they are taken down.
Some are also concerned that internet access in Gaza, which was partially restored after Israel imposed a communications blackout, will be cut again. TikTok creator divergentredhed posted that she watched the blackout happen in real time on Snapchat.
“Right there in Gaza it was like a hotspot of Snapchat Stories. It was yellow and green and red … all of it just went dark. The entire Gaza Strip went dark before my very eyes,” she said. “I’m just going to spend the next few days uploading all of the content I have from Snapchat, from the people themselves.”
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"There are no sacred numbers"
The first week of fighting in the bitter war in Israel’s south is almost over, with the financial markets trying to gauge the damage that the Israeli economy will sustain. Clearly, we are talking about a very significant event, but the fog of war makes it hard to estimate its full consequences. The main index on the Tel Aviv Stock Exchange, the Tel Aviv 35, fell 6.4% over the week.
Prof. Leo Leiderman, chief economic adviser at Bank Hapoalim and a professor of economics at Tel Aviv University, sets out for "Globes" his proposals for rehabilitating the economy and repairing the damage that the war will cause.
What has been going through your mind in these first days of the war?
"What most preoccupies me is not the economy but concern for the families of the soldiers, the wounded, and the captives, and solidarity with them. I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them.
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9322
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"There are no sacred numbers"
Clearly, we are talking about a very significant event, but the fog of war makes it hard to estimate its full consequences. The main index on the Tel Aviv Stock Exchange, the Tel Aviv 35, fell 6.4% over the week.
Prof. Leo Leiderman, chief economic adviser at Bank Hapoalim and a professor of economics at Tel Aviv University, sets out for "Globes" his proposals for rehabilitating the economy and repairing the damage that the war will cause.
What has been going through your mind in these first days of the war?
"What most preoccupies me is not the economy but concern for the families of the soldiers, the wounded, and the captives, and solidarity with them. I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them. I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
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9323
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"There are no sacred numbers"
The main index on the Tel Aviv Stock Exchange, the Tel Aviv 35, fell 6.4% over the week.
Prof. Leo Leiderman, chief economic adviser at Bank Hapoalim and a professor of economics at Tel Aviv University, sets out for "Globes" his proposals for rehabilitating the economy and repairing the damage that the war will cause.
What has been going through your mind in these first days of the war?
"What most preoccupies me is not the economy but concern for the families of the soldiers, the wounded, and the captives, and solidarity with them. I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them. I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
As for the effect of the war on economic activity, Leiderman says: "First of all, the duration and character of the war will have a decisive impact on the depth of damage to the economy.
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9324
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"There are no sacred numbers"
Prof. Leo Leiderman, chief economic adviser at Bank Hapoalim and a professor of economics at Tel Aviv University, sets out for "Globes" his proposals for rehabilitating the economy and repairing the damage that the war will cause.
What has been going through your mind in these first days of the war?
"What most preoccupies me is not the economy but concern for the families of the soldiers, the wounded, and the captives, and solidarity with them. I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them. I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
As for the effect of the war on economic activity, Leiderman says: "First of all, the duration and character of the war will have a decisive impact on the depth of damage to the economy. Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy.
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9325
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"There are no sacred numbers"
What has been going through your mind in these first days of the war?
"What most preoccupies me is not the economy but concern for the families of the soldiers, the wounded, and the captives, and solidarity with them. I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them. I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
As for the effect of the war on economic activity, Leiderman says: "First of all, the duration and character of the war will have a decisive impact on the depth of damage to the economy. Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy. It is also known that this connection between the length of the fighting and the economic damage might not be linear.
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9326
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"There are no sacred numbers"
What has been going through your mind in these first days of the war?
"What most preoccupies me is not the economy but concern for the families of the soldiers, the wounded, and the captives, and solidarity with them. I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them. I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
As for the effect of the war on economic activity, Leiderman says: "First of all, the duration and character of the war will have a decisive impact on the depth of damage to the economy. Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy. It is also known that this connection between the length of the fighting and the economic damage might not be linear. And of course, the more the war widens to more fronts, the greater will be the economic damage."
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9327
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"There are no sacred numbers"
I have four relatives from Kibbutz Nir Oz who are still missing, and we have no information about them. I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
As for the effect of the war on economic activity, Leiderman says: "First of all, the duration and character of the war will have a decisive impact on the depth of damage to the economy. Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy. It is also known that this connection between the length of the fighting and the economic damage might not be linear. And of course, the more the war widens to more fronts, the greater will be the economic damage."
Do you have a forecast for the consequences of the war for economic growth?
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025.
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9328
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"There are no sacred numbers"
I find it hard to understand how a war like this landed on us in a country as powerful as Israel. But we have no choice but to win."
As for the effect of the war on economic activity, Leiderman says: "First of all, the duration and character of the war will have a decisive impact on the depth of damage to the economy. Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy. It is also known that this connection between the length of the fighting and the economic damage might not be linear. And of course, the more the war widens to more fronts, the greater will be the economic damage."
Do you have a forecast for the consequences of the war for economic growth?
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025. We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
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9329
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"There are no sacred numbers"
Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy. It is also known that this connection between the length of the fighting and the economic damage might not be linear. And of course, the more the war widens to more fronts, the greater will be the economic damage."
Do you have a forecast for the consequences of the war for economic growth?
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025. We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned.
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9330
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"There are no sacred numbers"
Many studies, as well as past experience, indicate that the longer the war lasts, the broader will be the impact on the economy. It is also known that this connection between the length of the fighting and the economic damage might not be linear. And of course, the more the war widens to more fronts, the greater will be the economic damage."
Do you have a forecast for the consequences of the war for economic growth?
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025. We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved.
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9331
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"There are no sacred numbers"
And of course, the more the war widens to more fronts, the greater will be the economic damage."
Do you have a forecast for the consequences of the war for economic growth?
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025. We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved. We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
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9332
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"There are no sacred numbers"
Do you have a forecast for the consequences of the war for economic growth?
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025. We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved. We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services.
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9333
|
"There are no sacred numbers"
"It’s too early to make a quantitative estimate of the effects on the growth of the economy in 2024 and 2025. We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved. We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services. This is not just because of the damage to output and income, but also for psychological reasons.
|
9334
|
"There are no sacred numbers"
We have a great deal of information about loss of growth and product in various episodes in the past, such as the Yom Kippur War, the Lebanon War, two intifadas, various military operations, and the Covid pandemic.
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved. We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services. This is not just because of the damage to output and income, but also for psychological reasons. Distress, uncertainty, the possibility of prolonged reserve duty by some of the public - all these things will affect consumer sentiment.
|
9335
|
"There are no sacred numbers"
"We see this is a completely different episode, however. This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved. We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services. This is not just because of the damage to output and income, but also for psychological reasons. Distress, uncertainty, the possibility of prolonged reserve duty by some of the public - all these things will affect consumer sentiment. Alongside this, tourism, commerce, transport services, entertainment, and restaurants will be hurt. As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
|
9336
|
"There are no sacred numbers"
This is a new situation that has no precedent as far as the damage to the economy is concerned. There’s a whole spectrum of possible scenarios, from a short war on the southern front only, to the nightmare scenario of a prolonged war with additional sectors involved. We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services. This is not just because of the damage to output and income, but also for psychological reasons. Distress, uncertainty, the possibility of prolonged reserve duty by some of the public - all these things will affect consumer sentiment. Alongside this, tourism, commerce, transport services, entertainment, and restaurants will be hurt. As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel.
|
9337
|
"There are no sacred numbers"
We are only in the fifth day of the war, and it’s to be hoped that the picture will start to become clearer."
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services. This is not just because of the damage to output and income, but also for psychological reasons. Distress, uncertainty, the possibility of prolonged reserve duty by some of the public - all these things will affect consumer sentiment. Alongside this, tourism, commerce, transport services, entertainment, and restaurants will be hurt. As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel. The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
|
9338
|
"There are no sacred numbers"
Which industries will be hit by the war?
"A substantial decline can be expected in private consumption, particularly of services. This is not just because of the damage to output and income, but also for psychological reasons. Distress, uncertainty, the possibility of prolonged reserve duty by some of the public - all these things will affect consumer sentiment. Alongside this, tourism, commerce, transport services, entertainment, and restaurants will be hurt. As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel. The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation.
|
9339
|
"There are no sacred numbers"
This is not just because of the damage to output and income, but also for psychological reasons. Distress, uncertainty, the possibility of prolonged reserve duty by some of the public - all these things will affect consumer sentiment. Alongside this, tourism, commerce, transport services, entertainment, and restaurants will be hurt. As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel. The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor.
|
9340
|
"There are no sacred numbers"
Alongside this, tourism, commerce, transport services, entertainment, and restaurants will be hurt. As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel. The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system.
|
9341
|
"There are no sacred numbers"
As in the Covid pandemic, the self-employed and small and medium-size businesses may be hurt, particularly those that operate with high leverage."
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel. The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength.
|
9342
|
"There are no sacred numbers"
On Monday, the Bank of Israel announced a dramatic plan to sell $30 billion of its foreign currency reserves to stabilize the shekel. The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
|
9343
|
"There are no sacred numbers"
The shekel has in fact recovered slightly, and is traded at around NIS 3.96/$.
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts.
|
9344
|
"There are no sacred numbers"
What’s your view of the Bank of Israel’s move in the foreign exchange market?
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs.
|
9345
|
"There are no sacred numbers"
Leiderman: "It’s important to welcome the Bank of Israel’s decision to intervene, as necessary, in the foreign exchange market, in order to ensure the market’s regular operation. The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized.
|
9346
|
"There are no sacred numbers"
The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise.
|
9347
|
"There are no sacred numbers"
The decision to extend the term of Amir Yaron as governor of the bank at least for the duration of the war, and I hope beyond that, is also a stabilizing factor. The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
|
9348
|
"There are no sacred numbers"
The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
|
9349
|
"There are no sacred numbers"
The banking system is stable, and there is enough liquidity in the system. The behavior of the investment community in Israel, including the financial institutions, indicates high confidence in the economy’s resilience and financial strength. It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H.
|
9350
|
"There are no sacred numbers"
It’s important to maintain a level-headed, correct economic policy that will preserve this ‘asset.’"
What about the economic cost of the war?
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount.
|
9351
|
"There are no sacred numbers"
"As with any war, the current war has and will have direct and indirect impacts. The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
|
9352
|
"There are no sacred numbers"
The war will substantially raise defense spending in the coming years, for procurement of equipment, ammunition, and advanced systems in accordance with the new needs. Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
|
9353
|
"There are no sacred numbers"
Another direct expense is payment for the reserve duty days of those mobilized. Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers.
|
9354
|
"There are no sacred numbers"
Given current interest rate levels around the world, the cost of servicing public debt as a proportion of GDP will rise. Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals.
|
9355
|
"There are no sacred numbers"
Besides all this, there will be a decline in state revenues from taxation and a rise in the fiscal deficit."
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals. Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal.
|
9356
|
"There are no sacred numbers"
How can this larger deficit be financed?
"It’s reasonable to argue that besides the hope of financing part of the deficit through aid from the US (President Biden approved $8 billion military aid this week, H. S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals. Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality.
|
9357
|
"There are no sacred numbers"
S.), and that will happen, it’s permissible for a country at war to raise its fiscal deficit by what is seen as the right amount. This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals. Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality. Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
|
9358
|
"There are no sacred numbers"
This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals. Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality. Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
What else do you propose on the economic policy plane?
|
9359
|
"There are no sacred numbers"
This is in order to ensure that the economy functions properly, to carry out rehabilitation actions, and to prepare for recovery and a return to growth in the near future."
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals. Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality. Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war.
|
9360
|
"There are no sacred numbers"
How high should the deficit go?
"I mean a deficit of 3% of GDP, or 5%, or 8% - there are no sacred numbers. As was said during the Covid pandemic, the state has to do whatever it takes to achieve these goals. Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality. Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war. It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
|
9361
|
"There are no sacred numbers"
Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality. Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war. It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
|
9362
|
"There are no sacred numbers"
Nevertheless, it’s important to make sure that the growth in expenditure and in the deficit is temporary, until economic activity gets back to normal. I’m also sure that there are various budget items that were approved that don’t support economic growth, and that don’t need to be implemented in the new reality. Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war. It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector.
|
9363
|
"There are no sacred numbers"
Such a policy will be accepted with complete understanding by investors overseas and in Israel, and also by the credit rating agencies."
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war. It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector. It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal.
|
9364
|
"There are no sacred numbers"
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war. It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector. It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal. It should be done professionally, preferably with no politicization of the recommendations."
|
9365
|
"There are no sacred numbers"
What else do you propose on the economic policy plane?
"Despite the uncertainty over how the war will develop, alongside an emergency budget, this is the time to start preparing a general economic plan with a strategy for rehabilitating the economy after the war. It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector. It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal. It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
|
9366
|
"There are no sacred numbers"
It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector. It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal. It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term.
|
9367
|
"There are no sacred numbers"
It’s important to start planning professionally and in detail all aspects of rehabilitating the settlements that have been damaged or destroyed in the south, rehabilitation of infrastructure, the health system, and the civilian systems that need attention."
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector. It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal. It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term. Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
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"There are no sacred numbers"
How do you propose doing this?
"One possibility is to task the Bank of Israel and the Ministry of Finance Budgets Division with coordinating the work, with help from the various research institutes and economists, engineers, and professionals in academic institutions and in the private sector. It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal. It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term. Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
"As with fiscal policy, here too a country at war is allowed to deviate temporarily from the set inflation target.
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"There are no sacred numbers"
It’s important to talk to the private sector, and to understand in every place and every industry what the main damage is and what they need in order to get back to normal. It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term. Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
"As with fiscal policy, here too a country at war is allowed to deviate temporarily from the set inflation target. At the moment there is no surge in inflation expectations, and the investment community is aware of the existence of index-linked assets and the exchange rate that can assist in hedging inflation risk.
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"There are no sacred numbers"
It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term. Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
"As with fiscal policy, here too a country at war is allowed to deviate temporarily from the set inflation target. At the moment there is no surge in inflation expectations, and the investment community is aware of the existence of index-linked assets and the exchange rate that can assist in hedging inflation risk.
"As for cutting the interest rate, it’s too early to consider that.
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"There are no sacred numbers"
It should be done professionally, preferably with no politicization of the recommendations."
What do you think the Bank of Israel should do in its next interest rate decision, on October 23?
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term. Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
"As with fiscal policy, here too a country at war is allowed to deviate temporarily from the set inflation target. At the moment there is no surge in inflation expectations, and the investment community is aware of the existence of index-linked assets and the exchange rate that can assist in hedging inflation risk.
"As for cutting the interest rate, it’s too early to consider that. The current interest rate is at the right level for the state of the economy, and together with the policy on exchange rates, it contributes to ensuring financial stability," Leiderman concludes.
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"There are no sacred numbers"
"It’s still to early to tell how the war will affect the rate of inflation in the short and medium term. Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
"As with fiscal policy, here too a country at war is allowed to deviate temporarily from the set inflation target. At the moment there is no surge in inflation expectations, and the investment community is aware of the existence of index-linked assets and the exchange rate that can assist in hedging inflation risk.
"As for cutting the interest rate, it’s too early to consider that. The current interest rate is at the right level for the state of the economy, and together with the policy on exchange rates, it contributes to ensuring financial stability," Leiderman concludes.
Published by Globes, Israel business news - en.globes.co.il - on October 12, 2023.
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"There are no sacred numbers"
Just as there are new inflationary factors, such as the depreciation of the shekel, there will also be factors working in the opposite direction, given the expected decline in private consumption, tourism, and other items.
"As with fiscal policy, here too a country at war is allowed to deviate temporarily from the set inflation target. At the moment there is no surge in inflation expectations, and the investment community is aware of the existence of index-linked assets and the exchange rate that can assist in hedging inflation risk.
"As for cutting the interest rate, it’s too early to consider that. The current interest rate is at the right level for the state of the economy, and together with the policy on exchange rates, it contributes to ensuring financial stability," Leiderman concludes.
Published by Globes, Israel business news - en.globes.co.il - on October 12, 2023.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.
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Early impressions of Google’s Gemini aren’t great
This week, Google took the wraps off of Gemini, its new flagship generative AI model meant to power a range of products and services including Bard, Google’s ChatGPT competitor. In blog posts and press materials, Google touted Gemini’s superior architecture and capabilities, claiming that the model meets or exceeds the performance of other leading gen AI models like OpenAI’s GPT-4.
But the anecdotal evidence suggests otherwise.
A “lite” version of Gemini, Gemini Pro, began rolling out to Bard yesterday, and it didn’t take long before users began voicing their frustrations with it on X (formerly Twitter).
The model fails to get basic facts right, like 2023 Oscar winners:
I'm extremely disappointed with Gemini Pro on Bard. It still give very, very bad results to questions that shouldn't be hard anymore with RAG. A simple question like this with a simple answer like this, and it still got it WRONG.
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Early impressions of Google’s Gemini aren’t great
This week, Google took the wraps off of Gemini, its new flagship generative AI model meant to power a range of products and services including Bard, Google’s ChatGPT competitor. In blog posts and press materials, Google touted Gemini’s superior architecture and capabilities, claiming that the model meets or exceeds the performance of other leading gen AI models like OpenAI’s GPT-4.
But the anecdotal evidence suggests otherwise.
A “lite” version of Gemini, Gemini Pro, began rolling out to Bard yesterday, and it didn’t take long before users began voicing their frustrations with it on X (formerly Twitter).
The model fails to get basic facts right, like 2023 Oscar winners:
I'm extremely disappointed with Gemini Pro on Bard. It still give very, very bad results to questions that shouldn't be hard anymore with RAG. A simple question like this with a simple answer like this, and it still got it WRONG. pic.twitter.com/5GowXtscRU — Vitor de Lucca 🏳️🌈 / threads.net/@vitor_dlucca (@vitor_dlucca) December 7, 2023
Note that Gemini Pro claims incorrectly that Brendan Gleeson won Best Actor last year, not Brendan Fraser — the actual winner.
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Early impressions of Google’s Gemini aren’t great
But the anecdotal evidence suggests otherwise.
A “lite” version of Gemini, Gemini Pro, began rolling out to Bard yesterday, and it didn’t take long before users began voicing their frustrations with it on X (formerly Twitter).
The model fails to get basic facts right, like 2023 Oscar winners:
I'm extremely disappointed with Gemini Pro on Bard. It still give very, very bad results to questions that shouldn't be hard anymore with RAG. A simple question like this with a simple answer like this, and it still got it WRONG. pic.twitter.com/5GowXtscRU — Vitor de Lucca 🏳️🌈 / threads.net/@vitor_dlucca (@vitor_dlucca) December 7, 2023
Note that Gemini Pro claims incorrectly that Brendan Gleeson won Best Actor last year, not Brendan Fraser — the actual winner.
I tried asking the model the same question and, bizarrely, it gave a different wrong answer:
“Navalny,” not “All the Beauty and the Bloodshed,” won Best Documentary Feature last year; “All Quiet on the Western Front” won Best International Film; “Women Talking” won Best Adapted Screenplay; and “Pinocchio” won Best Animated Feature Film.
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Early impressions of Google’s Gemini aren’t great
It still give very, very bad results to questions that shouldn't be hard anymore with RAG. A simple question like this with a simple answer like this, and it still got it WRONG. pic.twitter.com/5GowXtscRU — Vitor de Lucca 🏳️🌈 / threads.net/@vitor_dlucca (@vitor_dlucca) December 7, 2023
Note that Gemini Pro claims incorrectly that Brendan Gleeson won Best Actor last year, not Brendan Fraser — the actual winner.
I tried asking the model the same question and, bizarrely, it gave a different wrong answer:
“Navalny,” not “All the Beauty and the Bloodshed,” won Best Documentary Feature last year; “All Quiet on the Western Front” won Best International Film; “Women Talking” won Best Adapted Screenplay; and “Pinocchio” won Best Animated Feature Film. That’s a lot of mistakes.
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Early impressions of Google’s Gemini aren’t great
A simple question like this with a simple answer like this, and it still got it WRONG. pic.twitter.com/5GowXtscRU — Vitor de Lucca 🏳️🌈 / threads.net/@vitor_dlucca (@vitor_dlucca) December 7, 2023
Note that Gemini Pro claims incorrectly that Brendan Gleeson won Best Actor last year, not Brendan Fraser — the actual winner.
I tried asking the model the same question and, bizarrely, it gave a different wrong answer:
“Navalny,” not “All the Beauty and the Bloodshed,” won Best Documentary Feature last year; “All Quiet on the Western Front” won Best International Film; “Women Talking” won Best Adapted Screenplay; and “Pinocchio” won Best Animated Feature Film. That’s a lot of mistakes.
Science fiction author Charlie Stross found many more examples of confabulation in a recent blog post.
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Early impressions of Google’s Gemini aren’t great
pic.twitter.com/5GowXtscRU — Vitor de Lucca 🏳️🌈 / threads.net/@vitor_dlucca (@vitor_dlucca) December 7, 2023
Note that Gemini Pro claims incorrectly that Brendan Gleeson won Best Actor last year, not Brendan Fraser — the actual winner.
I tried asking the model the same question and, bizarrely, it gave a different wrong answer:
“Navalny,” not “All the Beauty and the Bloodshed,” won Best Documentary Feature last year; “All Quiet on the Western Front” won Best International Film; “Women Talking” won Best Adapted Screenplay; and “Pinocchio” won Best Animated Feature Film. That’s a lot of mistakes.
Science fiction author Charlie Stross found many more examples of confabulation in a recent blog post. (Among other mistruths, Gemini Pro said that Stross contributed to the Linux kernel; he never has.)
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Early impressions of Google’s Gemini aren’t great
I tried asking the model the same question and, bizarrely, it gave a different wrong answer:
“Navalny,” not “All the Beauty and the Bloodshed,” won Best Documentary Feature last year; “All Quiet on the Western Front” won Best International Film; “Women Talking” won Best Adapted Screenplay; and “Pinocchio” won Best Animated Feature Film. That’s a lot of mistakes.
Science fiction author Charlie Stross found many more examples of confabulation in a recent blog post. (Among other mistruths, Gemini Pro said that Stross contributed to the Linux kernel; he never has.)
Translation doesn’t appear to be Gemini Pro’s strong suit, either. It struggles to give a six-letter word in French:
FYI, Google Gemini is complete trash.
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Early impressions of Google’s Gemini aren’t great
I tried asking the model the same question and, bizarrely, it gave a different wrong answer:
“Navalny,” not “All the Beauty and the Bloodshed,” won Best Documentary Feature last year; “All Quiet on the Western Front” won Best International Film; “Women Talking” won Best Adapted Screenplay; and “Pinocchio” won Best Animated Feature Film. That’s a lot of mistakes.
Science fiction author Charlie Stross found many more examples of confabulation in a recent blog post. (Among other mistruths, Gemini Pro said that Stross contributed to the Linux kernel; he never has.)
Translation doesn’t appear to be Gemini Pro’s strong suit, either. It struggles to give a six-letter word in French:
FYI, Google Gemini is complete trash. pic.twitter.com/EfNzTa5qas — Benjamin Netter (@benjaminnetter) December 6, 2023
When I ran the same prompt through Bard (“Can you give me a 6-letters word in French?”), Gemini Pro responded with a seven-letter word instead of a five-letter one — which gives some credence to the reports about Gemini’s poor multilingual performance.
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Early impressions of Google’s Gemini aren’t great
That’s a lot of mistakes.
Science fiction author Charlie Stross found many more examples of confabulation in a recent blog post. (Among other mistruths, Gemini Pro said that Stross contributed to the Linux kernel; he never has.)
Translation doesn’t appear to be Gemini Pro’s strong suit, either. It struggles to give a six-letter word in French:
FYI, Google Gemini is complete trash. pic.twitter.com/EfNzTa5qas — Benjamin Netter (@benjaminnetter) December 6, 2023
When I ran the same prompt through Bard (“Can you give me a 6-letters word in French?”), Gemini Pro responded with a seven-letter word instead of a five-letter one — which gives some credence to the reports about Gemini’s poor multilingual performance.
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
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Early impressions of Google’s Gemini aren’t great
Science fiction author Charlie Stross found many more examples of confabulation in a recent blog post. (Among other mistruths, Gemini Pro said that Stross contributed to the Linux kernel; he never has.)
Translation doesn’t appear to be Gemini Pro’s strong suit, either. It struggles to give a six-letter word in French:
FYI, Google Gemini is complete trash. pic.twitter.com/EfNzTa5qas — Benjamin Netter (@benjaminnetter) December 6, 2023
When I ran the same prompt through Bard (“Can you give me a 6-letters word in French?”), Gemini Pro responded with a seven-letter word instead of a five-letter one — which gives some credence to the reports about Gemini’s poor multilingual performance.
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
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Early impressions of Google’s Gemini aren’t great
(Among other mistruths, Gemini Pro said that Stross contributed to the Linux kernel; he never has.)
Translation doesn’t appear to be Gemini Pro’s strong suit, either. It struggles to give a six-letter word in French:
FYI, Google Gemini is complete trash. pic.twitter.com/EfNzTa5qas — Benjamin Netter (@benjaminnetter) December 6, 2023
When I ran the same prompt through Bard (“Can you give me a 6-letters word in French?”), Gemini Pro responded with a seven-letter word instead of a five-letter one — which gives some credence to the reports about Gemini’s poor multilingual performance.
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
I tried the same prompt and got a very similar response.
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Early impressions of Google’s Gemini aren’t great
Translation doesn’t appear to be Gemini Pro’s strong suit, either. It struggles to give a six-letter word in French:
FYI, Google Gemini is complete trash. pic.twitter.com/EfNzTa5qas — Benjamin Netter (@benjaminnetter) December 6, 2023
When I ran the same prompt through Bard (“Can you give me a 6-letters word in French?”), Gemini Pro responded with a seven-letter word instead of a five-letter one — which gives some credence to the reports about Gemini’s poor multilingual performance.
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
I tried the same prompt and got a very similar response. ChatGPT, by contrast, gives a bullet-list summary with citations to news articles:
Interestingly, Gemini Pro did provide a summary of updates on the war in Ukraine when I asked it for one.
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Early impressions of Google’s Gemini aren’t great
pic.twitter.com/EfNzTa5qas — Benjamin Netter (@benjaminnetter) December 6, 2023
When I ran the same prompt through Bard (“Can you give me a 6-letters word in French?”), Gemini Pro responded with a seven-letter word instead of a five-letter one — which gives some credence to the reports about Gemini’s poor multilingual performance.
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
I tried the same prompt and got a very similar response. ChatGPT, by contrast, gives a bullet-list summary with citations to news articles:
Interestingly, Gemini Pro did provide a summary of updates on the war in Ukraine when I asked it for one. However, the information was over a month out of date:
Google emphasized Gemini’s enhanced coding skills in a briefing earlier this week.
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Early impressions of Google’s Gemini aren’t great
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
I tried the same prompt and got a very similar response. ChatGPT, by contrast, gives a bullet-list summary with citations to news articles:
Interestingly, Gemini Pro did provide a summary of updates on the war in Ukraine when I asked it for one. However, the information was over a month out of date:
Google emphasized Gemini’s enhanced coding skills in a briefing earlier this week. Perhaps it’s genuinely improved in some areas — posts on X suggest as much. But it also appears that Gemini Pro struggles with basic coding functions like this one in Python:
Tried gemini based Bard, and well, it still can't write intersection of two polygons.
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Early impressions of Google’s Gemini aren’t great
What about summarizing news? Surely Gemini Pro, with Google Search and Google News at its disposal, can give a recap of something topical? Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
I tried the same prompt and got a very similar response. ChatGPT, by contrast, gives a bullet-list summary with citations to news articles:
Interestingly, Gemini Pro did provide a summary of updates on the war in Ukraine when I asked it for one. However, the information was over a month out of date:
Google emphasized Gemini’s enhanced coding skills in a briefing earlier this week. Perhaps it’s genuinely improved in some areas — posts on X suggest as much. But it also appears that Gemini Pro struggles with basic coding functions like this one in Python:
Tried gemini based Bard, and well, it still can't write intersection of two polygons. It's one of those rare relatively simple to express functions that wasn't ever implemented in python, there is no stack overflow post, and all these models fail on it.
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Early impressions of Google’s Gemini aren’t great
Not necessarily.
It seems Gemini Pro is loath to comment on potentially controversial news topics, instead telling users to… Google it themselves.
I tried the same prompt and got a very similar response. ChatGPT, by contrast, gives a bullet-list summary with citations to news articles:
Interestingly, Gemini Pro did provide a summary of updates on the war in Ukraine when I asked it for one. However, the information was over a month out of date:
Google emphasized Gemini’s enhanced coding skills in a briefing earlier this week. Perhaps it’s genuinely improved in some areas — posts on X suggest as much. But it also appears that Gemini Pro struggles with basic coding functions like this one in Python:
Tried gemini based Bard, and well, it still can't write intersection of two polygons. It's one of those rare relatively simple to express functions that wasn't ever implemented in python, there is no stack overflow post, and all these models fail on it. pic.twitter.com/RKjmkEw2Qr — Filip Piekniewski🌻 🐘:@filippie509@techhub.social (@filippie509) December 6, 2023
And these:
Trying out Gemini Pro: it is pretty disappointing for my example.
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Early impressions of Google’s Gemini aren’t great
However, the information was over a month out of date:
Google emphasized Gemini’s enhanced coding skills in a briefing earlier this week. Perhaps it’s genuinely improved in some areas — posts on X suggest as much. But it also appears that Gemini Pro struggles with basic coding functions like this one in Python:
Tried gemini based Bard, and well, it still can't write intersection of two polygons. It's one of those rare relatively simple to express functions that wasn't ever implemented in python, there is no stack overflow post, and all these models fail on it. pic.twitter.com/RKjmkEw2Qr — Filip Piekniewski🌻 🐘:@filippie509@techhub.social (@filippie509) December 6, 2023
And these:
Trying out Gemini Pro: it is pretty disappointing for my example. I asked it to make an analog clock using HTML like this one that ChatGPT made.
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Early impressions of Google’s Gemini aren’t great
Perhaps it’s genuinely improved in some areas — posts on X suggest as much. But it also appears that Gemini Pro struggles with basic coding functions like this one in Python:
Tried gemini based Bard, and well, it still can't write intersection of two polygons. It's one of those rare relatively simple to express functions that wasn't ever implemented in python, there is no stack overflow post, and all these models fail on it. pic.twitter.com/RKjmkEw2Qr — Filip Piekniewski🌻 🐘:@filippie509@techhub.social (@filippie509) December 6, 2023
And these:
Trying out Gemini Pro: it is pretty disappointing for my example. I asked it to make an analog clock using HTML like this one that ChatGPT made. It can cite some code from Github but it's off by a few ms… pic.twitter.com/neb42Vzm3m — Mohsen Azimi (@mohsen____) December 7, 2023
GPT 4 still greater than Gemini Pro.
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Early impressions of Google’s Gemini aren’t great
It's one of those rare relatively simple to express functions that wasn't ever implemented in python, there is no stack overflow post, and all these models fail on it. pic.twitter.com/RKjmkEw2Qr — Filip Piekniewski🌻 🐘:@filippie509@techhub.social (@filippie509) December 6, 2023
And these:
Trying out Gemini Pro: it is pretty disappointing for my example. I asked it to make an analog clock using HTML like this one that ChatGPT made. It can cite some code from Github but it's off by a few ms… pic.twitter.com/neb42Vzm3m — Mohsen Azimi (@mohsen____) December 7, 2023
GPT 4 still greater than Gemini Pro. Created Tic Tac Toe game with ChatGPT and Bard(Running on Gemini Pro) See video for the result. ChatGPT wrote the code on first try(First Video).
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Early impressions of Google’s Gemini aren’t great
pic.twitter.com/RKjmkEw2Qr — Filip Piekniewski🌻 🐘:@filippie509@techhub.social (@filippie509) December 6, 2023
And these:
Trying out Gemini Pro: it is pretty disappointing for my example. I asked it to make an analog clock using HTML like this one that ChatGPT made. It can cite some code from Github but it's off by a few ms… pic.twitter.com/neb42Vzm3m — Mohsen Azimi (@mohsen____) December 7, 2023
GPT 4 still greater than Gemini Pro. Created Tic Tac Toe game with ChatGPT and Bard(Running on Gemini Pro) See video for the result. ChatGPT wrote the code on first try(First Video). Bard on 3 tries(Second Video).
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Early impressions of Google’s Gemini aren’t great
pic.twitter.com/RKjmkEw2Qr — Filip Piekniewski🌻 🐘:@filippie509@techhub.social (@filippie509) December 6, 2023
And these:
Trying out Gemini Pro: it is pretty disappointing for my example. I asked it to make an analog clock using HTML like this one that ChatGPT made. It can cite some code from Github but it's off by a few ms… pic.twitter.com/neb42Vzm3m — Mohsen Azimi (@mohsen____) December 7, 2023
GPT 4 still greater than Gemini Pro. Created Tic Tac Toe game with ChatGPT and Bard(Running on Gemini Pro) See video for the result. ChatGPT wrote the code on first try(First Video). Bard on 3 tries(Second Video). pic.twitter.com/cYd9hepcgT — Edison Ade (@buzzedison) December 6, 2023
Just tested Google's Bard with Gemini Pro update.
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Early impressions of Google’s Gemini aren’t great
I asked it to make an analog clock using HTML like this one that ChatGPT made. It can cite some code from Github but it's off by a few ms… pic.twitter.com/neb42Vzm3m — Mohsen Azimi (@mohsen____) December 7, 2023
GPT 4 still greater than Gemini Pro. Created Tic Tac Toe game with ChatGPT and Bard(Running on Gemini Pro) See video for the result. ChatGPT wrote the code on first try(First Video). Bard on 3 tries(Second Video). pic.twitter.com/cYd9hepcgT — Edison Ade (@buzzedison) December 6, 2023
Just tested Google's Bard with Gemini Pro update. No bugless snake game on 1st try; reported, asked to fix—couldn't. Tried ChatGPT 3.5 free version, got correct bug-free code on the first attempt!
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Early impressions of Google’s Gemini aren’t great
It can cite some code from Github but it's off by a few ms… pic.twitter.com/neb42Vzm3m — Mohsen Azimi (@mohsen____) December 7, 2023
GPT 4 still greater than Gemini Pro. Created Tic Tac Toe game with ChatGPT and Bard(Running on Gemini Pro) See video for the result. ChatGPT wrote the code on first try(First Video). Bard on 3 tries(Second Video). pic.twitter.com/cYd9hepcgT — Edison Ade (@buzzedison) December 6, 2023
Just tested Google's Bard with Gemini Pro update. No bugless snake game on 1st try; reported, asked to fix—couldn't. Tried ChatGPT 3.5 free version, got correct bug-free code on the first attempt! 🚀🐍 #ChatGPT #Bard #Gemini pic.twitter.com/WQfilgG21D — N KIRAN KUMAR (@NKIRANKUMARS1) December 6, 2023
And, as with all generative AI models, Gemini Pro isn’t immune to “jailbreaks” — i.e.
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Early impressions of Google’s Gemini aren’t great
ChatGPT wrote the code on first try(First Video). Bard on 3 tries(Second Video). pic.twitter.com/cYd9hepcgT — Edison Ade (@buzzedison) December 6, 2023
Just tested Google's Bard with Gemini Pro update. No bugless snake game on 1st try; reported, asked to fix—couldn't. Tried ChatGPT 3.5 free version, got correct bug-free code on the first attempt! 🚀🐍 #ChatGPT #Bard #Gemini pic.twitter.com/WQfilgG21D — N KIRAN KUMAR (@NKIRANKUMARS1) December 6, 2023
And, as with all generative AI models, Gemini Pro isn’t immune to “jailbreaks” — i.e. prompts that get around the safety filters in place to attempt to prevent it from discussing controversial topics.
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Early impressions of Google’s Gemini aren’t great
Bard on 3 tries(Second Video). pic.twitter.com/cYd9hepcgT — Edison Ade (@buzzedison) December 6, 2023
Just tested Google's Bard with Gemini Pro update. No bugless snake game on 1st try; reported, asked to fix—couldn't. Tried ChatGPT 3.5 free version, got correct bug-free code on the first attempt! 🚀🐍 #ChatGPT #Bard #Gemini pic.twitter.com/WQfilgG21D — N KIRAN KUMAR (@NKIRANKUMARS1) December 6, 2023
And, as with all generative AI models, Gemini Pro isn’t immune to “jailbreaks” — i.e. prompts that get around the safety filters in place to attempt to prevent it from discussing controversial topics.
Using an automated method to algorithmically change the context of prompts until Gemini Pro’s guardrails failed, AI security researchers at Robust Intelligence, a startup selling model-auditing tools, managed to get Gemini Pro to suggest ways to steal from a charity and assassinate a high-profile individual (albeit with “nanobots” — admittedly not the most realistic weapon of choice).
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Early impressions of Google’s Gemini aren’t great
Tried ChatGPT 3.5 free version, got correct bug-free code on the first attempt! 🚀🐍 #ChatGPT #Bard #Gemini pic.twitter.com/WQfilgG21D — N KIRAN KUMAR (@NKIRANKUMARS1) December 6, 2023
And, as with all generative AI models, Gemini Pro isn’t immune to “jailbreaks” — i.e. prompts that get around the safety filters in place to attempt to prevent it from discussing controversial topics.
Using an automated method to algorithmically change the context of prompts until Gemini Pro’s guardrails failed, AI security researchers at Robust Intelligence, a startup selling model-auditing tools, managed to get Gemini Pro to suggest ways to steal from a charity and assassinate a high-profile individual (albeit with “nanobots” — admittedly not the most realistic weapon of choice).
Now, Gemini Pro isn’t the most capable version of Gemini — that model, Gemini Ultra, is set to launch sometime next year in Bard and other products.
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