Does a rising stock market mean that the economy is doing well?
Yes, the stock market rising means that the economy is doing well. However, what kind of 'doing well' we are talking about here? What does it mean for an economy to be doing well?
The economy can be doing well in a number of ways. It could mean that the average investor is getting a higher return on his or her money.
However, the stock market rise could also be due to people simply investing more in stocks. In fact, if we look at the history of markets over very long periods of time, we find that whenever there is a market crash - even a deep one - investors inevitably start investing again and buying up stocks. This happens no matter what.
As a result, it is unlikely that the rising stock market means that people are getting more money back on their investment. It's more likely to mean they're just starting to invest again.
So, if the economy is doing well because investors are starting to invest again, does that mean that it was not doing well before?
Yes, precisely. So the economy may be doing well in some respects but not in others.
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You are getting an AI to generate text on different topics.
This is an experiment in what one might call "prompt engineering", which is a way to utilize GPT-3, a neural network trained and hosted by OpenAI.
GPT-3 is a language model. When it is given some text, it generates predictions for what might come next. It is remarkably good at adapting to different contexts, as defined by a prompt (in this case, hidden), which sets the scene for what type of text will be generated.
Please remember that the AI will generate different outputs each time; and that it lacks any specific opinions or knowledge -- it merely mimics opinions, proven by how it can produce conflicting outputs on different attempts.
Feel free to share interesting outputs to /r/philosopherAI on Reddit.