G. Bailey Stockdale’s Post

Nice to see "Norm" (FBN's AI Ag Advisor) beating out GPT4 and Gemini in the Agriculture LLM benchmarking! I was recently asked by a VC, "Don't you worry about maintaining a competitive moat if Norm it is just a wrapper on someone else's LLM?" My response: absolutely not. We get to leverage the improvements in the base model, but our task-specific fine tuning is built on top of massive data assets that FBN has been building for over a decade. These were built in partnership with our in-house agronomy team and provide the expert agronomist level recommendations on specific solutions to specific problems. Most of these data assets were originally developed with other use cases in mind. For example, our adjuvant recommender uses performance data to help farmers choose the best adjuvant to enhance the performance of each crop protection product. It's these existing in-house data assets that differentiate Norm. And it's this architecture which allows us to benefit immensely from improvements in publicly available base models, while maintaining our competitive edge in the ag space. Of course, it's thanks to an awesome team of Data Scientists, Engineers, PMs, Designers and Agronomists that we're able to make this happen! Walter Theodore Dado, Ivan VenOsdel, RJ Simonian, Po-Lin Yeh, Charles Baron, Damir Zekhtser, Mitchell Roth, Neil McCormick Farmer's Business Network, Inc. #agtech, #AI, #LLMs

🚨 Attention to all Trade Groups and Industries! 🚨 Ever wondered why anyone would invite Hannibal Lecter to a dinner party, knowing the guest intends to harm? Well, the equivalent happens when you open your doors to regulators like the Consumer Financial Protection Bureau or the Federal Trade Commission at your trade conferences. It's not just about disruption; it's about potential business 'murder.' I've witnessed it repeatedly, and it continues to baffle me why people cozy up to these regulatory bodies, thinking it's a symbiotic relationship. Having recently delved into a video about John Tonetti, the lack of foresight within the industry is mind-boggling. It's a head-scratcher that keeps me wondering why the industry is extending hands to those who might not have its best interests at heart. As an old man, my opinion might not carry much weight, but it's worth pondering. Let's be cautious about who we invite to our 'dinner parties' in the business world. Here's to hoping everyone has a blessed and prosperous year ahead! 🌟 #IndustryInsights #BusinessCaution #RegulatoryAwareness #NewYearWishes John Tonetti Adam Parks

Tomorrow! Join us and get 1 CPE credit! "Documentation Pitfalls and How to Avoid Them" is the latest session from Exactera's Transfer Pricing University webinar series. Register here: https://lnkd.in/e5cVCF2A

“Self-storage is vital to America, an essential part of the economic engine and mobility of our culture,” says Self Storage Association (SSA) - USA President and CEO Timothy Dietz, CAE. Read more from Tim about industry misconceptions, handling competitors with competing agendas, how the association has influenced nearly 500 laws, and much more in our exclusive interview. https://hubs.ly/Q02Q7gmn0

Make your data matter - join the market data expert group As we move one step closer to the European consolidated tapes, don’t miss the opportunity to join the Commission’s market data expert group. This group is relevant for all consolidated tapes. The co-legislators decided to task the Commission with setting up an expert stakeholder group on equity and non-equity market data quality and transmission protocols. The co-legislators provided the MDEG with a mandate to provide expert advice to ESMA and the Commission on the quality of the market data that will be delivered to the three consolidated tapes. - If you care about the time within which bond prices need to be published (aka publication deferrals) this is the group to join. - If you have practical views on what it means to deliver and publish asset prices as close to real time as possible, this group is the place to be. - If you have experience on when and how much market data needs to get to the consolidated tape in order for that data ticker to be as efficient as possible, we need you at the table. - And finally, if you know how to identify and find the exact set of over-the-counter derivatives you are looking for, the group needs you. For all those who care about the consolidated tapes as a means to put Europe at the vanguard of capital market efficiency, we need your advice. Apply now. Deadline is this Wednesday, April 10. We look forward to hearing from you. The Commission decision establishing the expert group was published on 12 March 2024. https://lnkd.in/exjUtP-k On the same day, the Commission published a “call for applications”. The initial round of applications will be open until 10 April 2024. The MDEG should hopefully be operational as of May 2024.

GuildHE responds to the publication of the Government White Paper: Smarter Regulation, in response to the House of Lords Industry and Regulators’ Committee recommendations on improving the performance, independence and accountability of UK regulators. Read the white paper here: https://bit.ly/3QP0oS8

Acadia published a white paper with detailed analysis and observations on different approaches for calculating regulatory capital requirements, is your firm considering a change of approach or simply evaluating the scenarios? https://lnkd.in/eaJmrhg7

"What’s driving these changes? Discussed extensively in our previous reports, noticeable shifts in insurers’ investment strategies toward private and structured assets, often with more complex characteristics, had the NAIC embark on significant multi-year updates to the RBC and STAT frameworks with revisions to classification (i.e., bonds and residual interests), the Designation process, reserving (e.g., Actuarial Guideline (AG) 53) and capital assignment (e.g., CLOs and ABS). This report begins by breaking down ‘in play’ efforts to revise guidelines and then reviews developments with the ECommitee’s long-term efforts to revise the investment oversight framework. The report explores potential implications for investment strategy and what might happen next. We conclude by highlighting what we are optimistic about." Ahead of our webinar "What’s next for the rules that govern insurers’ investments: Developments from the NAIC’s 2024 Spring National Meeting" next Thursday, March 28th, download and read Bridgeway Analytics' report: https://ow.ly/ZIML50QZ8uN

Is the Juice Worth the Squeeze? Assessing the economics drivers moving decision making in state and federal regulatory matters. Next Thursday, this panel will address what stakeholders are increasingly asking their counsel about the costs and benefits of participating in FERC and State regulatory proceedings. The panelists will explore a range of issues and potential analysis to guide practitioners in advising their clients. https://lnkd.in/g2_gsZum

Brazil's antitrust authority (Conselho Administrativo de Defesa Econômica - Cade) has built up considerable experience on the topic of algorithms and artificial intelligence, specifically in the analysis of cases involving pricing algorithms. This paper by authors Bruno Droghetti & Izabella Passos (Figueiredo & Velloso Advogados) provides a brief theoretical perspective on the subject, and addresses the cases investigated by CADE... #antitrust #antitrustlaw #competitionlaw #algorithms #pricing #brasil #artificialintelligence