Program Coding by ChatGPT 1 — Stock Price Forecast by Prophet ChatGPT is well known to be very powerful in coding. Here is one of my tests. …

Without doubt, OpenAI’s ChatGPT is versatile and powerful. It may be too powerful that many people are worrying about their jobs being replaced by ChatGPT. For example, it is reported that “generative AI tools could impact 300 million full-time jobs worldwide.” (Mok & Zinkula, 2023) However, new technologies almost always…

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output” — a problem of too much money chasing too few goods. Recently, Friedman’s (1970) monetary theory, as summarised…

Rental prices have been skyrocketing in many countries, particularly in big cities, after the pandemic. This has resulted in a “rental crisis” in major cities like London (Barnes, 2022), Melbourne (Yu, 2023), and Sydney (Harris, 2023), etc. Unfortunately, it may take several years for the housing supply to adjust to…

On July 14, 2022, I sounded the alarm about an impending recession due to the US yield curve inverting again (Yiu, 2022, 2019). I hope you had the chance to review my warnings and have taken necessary measures to minimize any potential losses, or perhaps even capitalize on any opportunities…

[video — https://youtu.be/bulhsb4IZFQ] In March 2023, the IPCC released the 2023 report on climate change and put forward an ultimatum. This report makes a serious warning on the deadline for human beings to mitigate global warming. Yet it does not attract much attention. I participate in the work of the…

This article summarises our published paper Yiu, Cheung & Xiong (2023). For details, please download the full paper. What is Co-living? How does it differ from Co-housing and Sub-divided Units? Several models of shared living space exist, including co-housing, co-living and sub-divided units: Co-housing is like a dormitory where tenants share both private and communal living spaces. …

AI, or artificial intelligence, is widely believed to have the potential to disrupt traditional business models and build successful startups. PropTech industry, for example, has intensively incorporated AI into their businesses in different ways. Unfortunately, some of them had already failed or met with some challenges. Admittedly, it is normal…

Before the pandemic, as house prices in many countries had been growing rapidly during the ultra low interest rate decades, many people preferred buying homes if their financial situations allowed. Interestingly, however, many analysts and websites discussing the consideration of deciding buying or renting a home talk about opportunity costs…