SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " base " 7,243 found 🔀 AI-powered Shuffle
Jimmy Rollins rips Austin Wells after awful base-running decision
The Tampa Bay Rays took a 1–0 series lead over the New York Yankees in the ALDS on Saturday with a nail-biting 1–0 win in front of the home crowd. Leading the way for the Rays was pitcher Drew Rasmussen, who took a no-hitter into the eighth inning before finally conceding a shot off the…
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
Orioles news: Yankees get embarrassed in Game 1
The Yankees nearly got no-hit and committed a costly baserunning blunder in a Game 1 loss to the Rays.
The Business of Youth Baseball is Booming. So is the Cost | The 10-Point for October 4
Plus, truckers feel the burn of rising diesel costs, and we bring you inside 24 hours under fire in Kyiv.
Local nonprofit is gifted a coffee business. They hope it will support human trafficking survivors.
Bloom for Women received Grounds for Restoration, a faith-based coffee business, as a gift to fund programs and create jobs for human trafficking survivors in the Lehigh Valley.
Business Roundup: Olde Tymer’s space gets new life, Higher Purpose Homes honored
In this week’s business roundup: The former Olde Tymer’s Cafe building gets a makeover in preparation for a new restaurant, while Durango-based Higher Purpose
A place for moms: It’s a match
The 27-question survey focused on current experiences with making friends, community connections and loneliness. It also gauged interest and willingness to meet for one-on-one mom matching based on things like logistics, availability,…
Blue Origin unveils huge 'Power Tower' to boost solar electricity on the moon (video)
"Our Power Tower is a 20-meter-tall, vertically deployed solar array system designed to provide more than 10 kilowatts of power for Moon Base operations at the lunar south pole."
Parker Health Group names new CEO as longtime leader retires
Mark Lenhard will join Piscataway-based Parker Health Group in December, succeeding Roberto Muñiz after nearly 28 years of leadership.
ACO Expansion Might Change The Case For Investing In agilon health Stock (AGL)
In late September 2026, agilon health reported that The Jackson Clinic and Springfield Clinic would expand their partnerships by joining agilon’s Senior Health Connect ACOs. This extends value-based care support to roughly 30,000 additional Traditional Medicare beneficiaries on top of existing Medicare Advantage panels. The moves deepen agilon health’s integration with large multi-specialty groups, tying more senior lives into full-risk accountable care models that rely heavily on the...
Blue Jays Receive Intriguing Take on Mets’ Francisco Lindor
The New York Mets and president of baseball operations David Stearns are back at the drawing board after missing the playoffs for the second straight season. Stearns has to find a way to improve the team and get it back to the postseason, and that means making tough decisions. Juan Soto is the face of […] The post Blue Jays Receive Intriguing Take on Mets’ Francisco Lindor appeared first on HEAVY.
Business People
Fayetteville-based Dallas Appraisal Group has announced the promotion of Mason Adams from appraisal associate to director of operations, as well as the hiring of Scotty Thurman as a real state agent.
Austin Wells Mistake Costs Yankees ALDS Game 1
They teach you this in Little League. “Don’t make the third out at third base,” says a father coaching the team of kids young enough to not yet realize that their dreams of making it to the major leagues are probably far fetched. Occasionally, though, those players make it to Major League Baseball. And every […] The post Austin Wells Mistake Costs Yankees ALDS Game 1 appeared first on HEAVY.
WATCH: Midwestern State hosts senior night and military appreciation night
WICHITA FALLS – Stang Park hosted a pair of events Saturday evening for No. 3 Midwestern State men’s soccer’s conference matchup with Oklahoma Christian. Airmen from Shephard Air Force Base were welcomed for a pizza dinner and as guests of honor for military appreciation night, while senior players and athletic trainers were honored on senior […]
What was Austin Wells thinking on costly Yankees baserunning play?
In a measured tone, Austin Wells talked about his decision to stretch a double into a triple in ALDS Game 1.
Scientists just found a new way to make hydrogen from water
A new light-activated material can efficiently produce hydrogen from water without requiring an additional expensive metal catalyst. Researchers say its unusual sulfur-based chemistry could point toward cheaper and more practical ways to turn sunlight into clean fuel.
Sadie Strong hosts annual health and wellness expo
BUFFALO, N.Y. (WIVB) — Buffalo-based nonprofit breast cancer support organization Sadie Strong hosted its eighth annual Community Health and Wellness Expo on Saturday at the Northland Workfor…
Gemini app limiting what models free & AI Plus users can access, AI Pro adding Deep Think
Following the compute-based usage change in May, Google is introducing limits on what Gemini models free and AI Plus users can access.
Trump, Critic of Voting by Mail, Urges Republicans to Do It in Midterms
It was the latest mixed messaging from President Trump, who regularly votes by mail, but has made baseless claims that the practice is “inherently corrupt.”
VB Health Launches Public Seven-Part Supplement Quality Standard
DENVER, Oct. 03, 2026 (GLOBE NEWSWIRE) -- VB Health, a Denver-based dietary supplement company co-founded by a U.S.-licensed physician, launched...
VB Health Launches Public Seven-Part Supplement Quality Standard
New company-wide standard, effective across the VB Health portfolio, establishes requirements for research, clinically relevant dosing, formula transparency, sourcing, U.S. manufacturing and every-batch testingDENVER, Oct. 03, 2026 (GLOBE NEWSWIRE) -- VB Health, a Denver-based dietary supplement company co-founded by a U.S.-licensed physician, launched the VB Health Supplement Quality Standard today, a new public seven-part framework that establishes company-wide requirements for how its supplem
Full Saturday slate of baseball as Division Series begin
Four playoff games stacked back to back as the MLB playoffs continue in earnest!
Dodgers notes: Attention to detail, Russell Martin, Zach Ehrhard
It’s the start of the Dodgers postseason on Saturday, but here are some related and adjacent stories that aren’t necessarily about the National League Division Series. Andy McCullough at The Athletic wrote about the Dodgers’ place in baseball heading into the postseason, and their role as the main antagonist for many about two months before […]
Saturday Sports: Major League Baseball playoff time; WNBA
NPR's Scott Simon and sportswriter Howard Bryant discuss the WNBA and MLB playoffs.
MLB playoff schedule: Four Division Series Games 1 on Saturday
LOS ANGELES — After two days of four playoff games during the wild card round, Saturday gives us one more day full of baseball on Saturday to start the Division Series round in both the American League and National League. The Dodgers will start Tarik Skubal in Game 1 of their NLDS against a potential […]
Florida Blue Foundation now accepting grant applications for maternal health initiatives
Getting your Trinity Audio player ready... The Florida Blue Foundation, the philanthropic affiliate of Florida Blue and part of the GuideWell portfolio of companies, now is accepting grant applications from nonprofits focused on improving maternal health outcomes in Florida. The foundation seeks to fund Florida-based nonprofits with innovative and actionable solutions designed to improve maternal […]
Theaster Gates bets on fine china
The famed, Chicago-based artist's career is taking a new direction with the purchase of Pickard China, the sole remaining maker of fine china in the United States.
Can anything politicians say at Sunday’s election stop young people from leaving Bosnia?
They are the support base for non-nationalist parties but are voting with their feet and not on ballot papers
Yankees news: All aboard the Cole train
Cole tabbed to start Game 1; Rodón set for bigger role in ALDS; Judge still not running bases.
'There’s no such thing as democracy' – Yanis Varoufakis | Radical Thinking with Aditya Chakrabortty
In the first episode of Radical Thinking, a new series from the Guardian, senior economics commentator Aditya Chakrabortty speaks to the former Greek finance minister Yanis Varoufakis. What does he make of Andy Burnham's plans to 'rewire' the UK economy? Radical Thinking will be published every Saturday in the Politics Weekly feed
Why Is CVS Health (CVS) Reworking Primary Care Around Value Based Care?
CVS Health (NYSE:CVS) is expanding its primary care approach by integrating value-based care across its health system. The company intends to connect health plans, provider groups, clinics, and pharmacies under a single patient-centered care model. Management is targeting shared accountability for outcomes that include social determinants of health alongside traditional clinical metrics. This push to embed value-based care across CVS Health's operations reshapes how the group manages care,...
Catering business shut down after football team suffers food poisoning before game
An unlicensed home-based catering business in Illinois has been ordered to cease operations after dozens of people were sickened.
Catering business shut down after football team suffers food poisoning before game
An unlicensed home-based catering business in Illinois has been ordered to cease operations after dozens of people were sickened.
Catering business shut down after football team suffers food poisoning before game
An unlicensed home-based catering business in Illinois has been ordered to cease operations after dozens of people were sickened.
Catering business shut down after football team suffers food poisoning before game
An unlicensed home-based catering business in Illinois has been ordered to cease operations after dozens of people were sickened.
Catering business shut down after football team suffers food poisoning before game
An unlicensed home-based catering business in Illinois has been ordered to cease operations after dozens of people were sickened.
Catering business shut down after football team suffers food poisoning before game
An unlicensed home-based catering business in Illinois has been ordered to cease operations after dozens of people were sickened.
Can it run Doom: SQL database edition
300 lines of SQL querying renders accurate bitmapped views of Hell at 35 FPS.
‘HomePad’ coming: Will Apple hold an October special event?
With Apple reportedly planning to unveil new products on October 13, here’s when the company could announce an event, based on the timing of its previous October announcements.
J.J. Picollo Opens Up on Royals' Biggest Need This Offseason
The Royals president of baseball operations named the bullpen as a top focus this winter, and he admitted the answer may not be in-house.
New Macomb-Kettering deal enables business students to transfer straight into bachelor’s program
The Flint-based university will provide a pathway to its Bachelor of Science in management degree.
Bishop’s computer science chair says AI is eliminating ‘grunt work’ and reshaping digital jobs
Dr. Russell Butler, chair of Bishop’s University’s Department of Computer Science, says artificial intelligence is increasingly taking over routine digital “grunt work,” changing the skills students and workers may need in the years ahead. Photo courtesy of Bishop’s University. Click here to read our platform! Get local news like this every morning. Subscribe free below. Subscribe Pulse Newsroom Artificial intelligence is already taking over some of the routine digital work once performed by entry-level employees, according to Bishop’s University Computer Science chair Dr. Russell Butler — a shift he believes will make expertise, judgement and the ability to evaluate AI-generated work increasingly important. Butler described the change as automation reaching what he calls the “bottom of the cognitive pyramid” during an interview with The Pulse about AI, university education and the future of digital work. His argument is not that humans are disappearing from the workplace. Instead, he sees their role changing as AI becomes capable of handling more of the repetitive tasks involved in computer-based work. “Everything’s converging on just AI basically doing all the grunt work,” Butler said. The bottom of the cognitive pyramid Butler is from Lennoxville, completed his undergraduate studies at Bishop’s and later earned his PhD at the Université de Sherbrooke. He joined Bishop’s in 2019 and now chairs its Department of Computer Science. He uses AI in research, teaching and other creative work, and said the technology is increasingly capable of handling routine digital tasks that once required substantial human time. “You’ve got the grunt work, like moving things around in Excel, doing basic programming tasks,” Butler said. “That’s like the bottom grunt work that the entry-level worker would have done two or three years ago.” Butler went further, saying in his view that much of this type of work has already been absorbed by AI tools. He connected that change to a shift he sees taking place in computer science, where entry-level roles have declined while experienced workers can use AI to increase what they can produce. “A senior developer now has access to essentially an unlimited amount of junior developers on demand,” Butler said. He was describing AI systems metaphorically, not literal employees. His point was that one experienced developer can now ask AI tools to produce code or other technical work that might previously have been assigned to more junior workers. That raises a broader question for universities and employers. If some of the simpler work traditionally given to newcomers can now be done by machines, how do people gain the experience needed to become senior workers themselves? Students doing work that once required years of programming Butler said he is already seeing the change inside his classroom. He created a Bishop’s course called CS208, Coding in Plain English, to show students — including those without traditional programming backgrounds — what they can accomplish using AI. Some come from disciplines such as psychology or neuroscience with no previous programming experience. “What I’m finding is that students who have zero programming experience, they come in from another discipline like psychology or neuroscience or something, they are now able to get up and running with real data sets,” Butler said. Butler’s own doctoral work involved neuroimaging, and he said he has assigned students work he considers comparable to the kinds of analysis he performed during his PhD. He described giving students a real dataset, an expected result and instructions to use AI to complete the analysis. Butler said those students have been able to carry out work at a level he associates with tasks he once performed after years of programming experience. That does not mean a student using AI instantly acquires the same knowledge as an experienced computer scientist. But Butler sees it as evidence that AI can dramatically lower the technical barrier between having a problem to solve and producing a working result. The role of the person using the system then changes. They need to know what to ask for, understand enough about the subject to judge the answer and take responsibility for what is ultimately produced. What about AI hallucinations? One persistent concern surrounding generative AI is hallucination — when a system produces information that sounds convincing but is false or unsupported. Butler said that problem has improved substantially in newer systems and is not as severe as it was with earlier models. He pointed in particular to newer AI systems’ ability to search the web, consult scientific databases and return source links rather than simply generating a citation from their internal model. Butler nevertheless said users should verify what AI produces. “You should verify,” he said while discussing citations generated with AI. His position is that hallucinations have become less common in the systems he uses, not that incorrect AI output is impossible. Human checking remains part of the process. Hours of work compressed Butler offered another example from his administrative work at Bishop’s. The university has been comparing CEGEP courses with first-year Bishop’s courses to determine where students may qualify for advanced standing. Traditionally, Butler said, that means reviewing two sets of course descriptions and manually matching one institution’s courses with another’s. As department chair, that could require hours of reading and comparison. He said AI can now be given both sets of material and asked to generate an initial mapping automatically. “It saves me hours and hours of work,” Butler said. Butler said the AI-generated mapping can also produce a better result than he would produce himself. He sees similar opportunities in businesses. A company may receive specifications, drawings, emails or other digital material from customers and then have employees convert that information into an internal format before anything can be manufactured or delivered. AI can increasingly perform parts of that intermediate processing. In Butler’s view, the employee does not necessarily disappear. Instead, the job becomes more about checking the result. “The human is still there,” he said. Judgement could become more valuable That change is central to Butler’s view of where digital work may be headed. If AI can produce a first draft, write basic code, compare documents or process large amounts of information, he argues that knowledge and judgement become increasingly important. “The real scarce resource going forward is going to be domain knowledge, expertise, and… credentials, authority, the ability to work with other people,” Butler said. He is therefore encouraging students not only to learn AI tools but also to broaden their education. He mentioned acting, fine art and photography as examples of courses that can help develop what he described as taste and intuition — the ability to recognize what is good, what is not and what should be changed. “And that’s the skill that they need now because the grunt work has been automated and now it’s about evaluating what the AI produces and telling it how to improve or expand the output,” Butler said. That does not remove the need for technical knowledge. Butler’s argument is that the emphasis may shift away from manually completing every step of a task and toward directing, checking and improving work produced with AI assistance. He also stressed that humans remain responsible for final decisions. “At the end of the day, the human has to make the final call,” Butler said, pointing to the question of accountability. Physical work may be different Butler draws a distinction between digital work and jobs requiring people to manipulate the physical world. He expects AI to continue advancing quickly in tasks performed almost entirely on computers. He is more cautious about claims that humanoid robots will soon be able to replace workers such as plumbers or electricians. Butler said those trades would not be replaced “anytime soon” in his view and described some current robotics demonstrations as overhyped. He described the situation as counterintuitive. “It’s almost like we solved the highest level first,” he said, contrasting advances in digital AI with the harder problem of building robots capable of operating reliably in the physical world. Butler’s argument is that some digital occupations could face automation sooner than trades requiring complex physical work. The wider AI shift in the Townships Butler’s comments come as local institutions are increasingly grappling with how AI should be used. The federal government recently announced up to $162 million over five years for 10,000 AI-related placements through Mitacs. The Université de Sherbrooke told The Pulse that the number of its collaborative research and innovation projects supported through Mitacs has approximately doubled since 2018-19, while the number of placements has approximately tripled. UdeS also said it already has projects involving both AI adoption and the application of AI to other fields. At Bishop’s, Butler said part of his role involves building the Computer Science department’s local presence, connecting students with regional partners and strengthening relationships with the Sherbrooke technology ecosystem. Those developments put universities in a difficult position. They have to prepare students to use the tools employers increasingly have available while also making sure graduates understand enough to recognize when those tools are wrong, incomplete or being applied to the wrong problem. The risk of losing human skills Butler does not see AI as risk-free. Later in the interview, he raised a separate concern: as AI becomes better at reading, writing, programming and other cognitive tasks, people could lose some of the underlying skills that historically helped produce new ideas. “The other danger is that we’re going to lose the human skills,” Butler said. He specifically mentioned reading and writing and argued that people could lose some of the lower-level understanding that contributes to breakthroughs. Butler said AI systems are based on existing human knowledge and argued that they become much more powerful when paired with a capable person. That tension runs through his view of the technology. AI can remove hours of routine work. It can allow beginners to perform tasks that once required substantial technical training. It can give experienced workers significant leverage. But the more capable the technology becomes, the more important it may be for people to develop the judgement needed to decide what should be done in the first place. For Butler, that is where education may have to change. Students still need to understand their field. They still need to know when something is wrong. And they still need to be able to make the final decision. But if AI increasingly handles the bottom of the cognitive pyramid, the value of a worker may depend less on how quickly they can perform the grunt work and more on whether they understand what the work is supposed to accomplish. Don’t miss the next story that affects your community. Join thousands of readers getting The Pulse every morning—plus breaking news alerts when it matters most. If you value this kind of local journalism, consider supporting it. Subscribe, share and like! Subscribe Share
JB MDL Leaders Briefs Businesses on Mission, Local Economic Impact
Joint Base McGuire-Dix-Lakehurst leaders provided local business and government leaders with an overview of the sprawling military installation’s role in
Gemini app gains new ‘Map’ tool, replacing ‘/’ with ‘@’
Google has introduced a “Map” tool to aid your location-based Gemini app prompts on Android and iOS. Meanwhile...
Merck business unit opens R&D facility in Sheboygan Falls
EMD Electronics, the North America electronics business unit of Germany-based global health care and biopharmaceutical company Merck KGaA, today announced
How Optum, Owensboro Health teamed up to build a virtual nursing program
Kentucky-based Owensboro Health is teaming up with Optum Insight to pair bedside nurses with virtual nurses, freeing up frontline clinicians to dedicate more time to patient care. | Owensboro Health is teaming up with Optum Insight to pair bedside nurses with virtual nurses to free up frontline clinicians to dedicate more time to patient care.
Sony's Quietly Improved Base PS5 Hardware with a Number of Internal Optimisations
New models shipping now
UPMC spent $120 million to purchase Trinity Health; nurses call for investments into their staffing
Nurses are frustrated after learning how much money UPMC spent to buy Ohio-based hospitals.
MultiCare Health System to launch new health plan
Tacoma, Wash.-based MultiCare Health System is set to launch its own health plan next year, the organization
Unlicensed catering business shut down after Rock Island football team food poisoned before Homecoming game
An unlicensed home-based catering business was ordered to cease operations after 45 people were sickened at a Rock Island football team dinner.
AWS Launches Aurora Capability to Query Data Lakes Without Moving the Data
Moving enterprise data around is one of the less glamorous parts of the running modern data stack. Nevertheless, it is critical to getting the right data to the right applications when they need it. Companies build their data pipelines to shuttle information between databases and data lakes. This creates a plethora of challenges, including the […]
Friday Open Thread
This is a slow time of year for baseball news, if your team isn’t in the playoffs. MLB doesn’t like teams to make news during the playoffs, because they want the focus to be on the playoff teams, which is fair. Jameson Taillon is going to have elbow surgery next week. He’s had Tommy John […]
$1M DOE grant to explore three elements in used nuclear fuel
Supported by $1 million grant from the U.S. Department of Energy’s Nuclear Energy University Program, a team of Penn State materials science researchers will investigate how certain elements — samarium, europium and tellurium — behave in molten salt-based nuclear fuel recycling systems.
Research uncovers how bacteria fight viruses, opening the door to better virus-based antibiotics
Bacteriophages are viruses that can attack harmful bacteria, whose "last resort" immune response kills the infected bacterium before the virus can spread to others.
Everest sells its Canadian retail operation
Bermudian firm Everest Group Ltd. has completed the sale of its Canadian retail insurance business to Winnipeg-based The Wawanesa Mutual Insurance Company, The Royal Gazette reported.
How Phillies' finish-line stumble set up their latest October demise
Don Mattingly always preached “better baseball,” but the Phillies couldn’t close out September — and carried the consequences into October.
BiomEdit acquires UK-based Folium Science
Company says the acquisition broadens its technology pipeline across animal health and nutrition.
Ascension’s 2026 Ministry in Action report highlights progress in advancing health and strengthening communities
Ascension, one of the nation’s largest non-profit and faith-based health systems, today released its 2026 Ministry in Action Report, highlighting how the organization is putting its Mission into action by caring for all.
Is James Talarico about to flip Texas for the Democrats?
Jonathan Freedland speaks to James Henson, founder and executive director of the Texas Politics Project, about why a blue wave in the Lone Star state would be seismic
Proposition 134
Colorado voters will decide whether to designate athletic teams and sports from elementary all the way to college as male-only or female-only and require schools to ensure athletes are assigned to teams based on their biological sex.
Scientists could one day remove your bad memories. Here's how
Madeleine Finlay hears from Steve Ramirez, an associate professor of psychological and brain sciences at Boston University, whose book How to Change a Memory was shortlisted for this year’s Royal Society Trivedi science book prize. He explains how scientists have been able to locate memories in the brains of rodents, trigger them artificially and even remove them, and reveals what the practical applications of this science could one day be for humans.
PS5 gets "AI-guided upscaling" a bit like PS5 Pro's, and it's available now in Marvel's Wolverine and Ghost of Yotei
AI upscaling was previously exclusive to PS5 Pro, but base PS5s are getting a watered down version, and it's available now.
Widow turns tragedy into triumph with new Blawnox-based baking business
A Blawnox widow is turning personal tragedy into personal triumph with a new baking business inspired by her late husband. Lisa Collins was devastated when she lost her husband of 27 years, David Collins, suddenly from cardiac arrest in 2023. The couple’s three adult children were grown, so Collins was
Chicago’s Development Solutions expanding restaurant, retail, entertainment divisions
Development Solutions, Inc., a Chicago-based general contractor and design-builder with more than three decades of commercial construction experience, is expanding its focus on restaurant, retail,… Learn More
Creative Business Interiors acquired by Wausau-based construction firm
Wausau-based construction company The Samuels Group, Inc. announced that it has acquired West Allis-based commercial interior design firm Creative
Southwest baseball coach Nick Mendez reflects on 25-year career, impact on players
‘Biggest day of the year;’ downtown St. Petersburg businesses rejoice ahead of ALDS
Ahead of playoff baseball's return to St. Petersburg and Tropicana Field, downtown businesses are bracing for at least a weekend of packed crowds.
A Hidden Compound in 'Healthy' Plant-Based Foods May Be Fueling Gut Inflammation
You may have never heard of it.
A Hidden Compound in 'Healthy' Plant-Based Foods May Be Fueling Gut Inflammation
You may have never heard of it.
A Hidden Compound in 'Healthy' Plant-Based Foods May Be Fueling Gut Inflammation
You may have never heard of it.
Full Dodgers NLDS schedule & start times
LOS ANGELES — The full schedule for the Division Series round was announced by Major League Baseball on Thursday, giving us the start times for potentially all five games of the Dodgers’ first postseason round. The Dodgers will play the winner of Thursday night’s Braves-Phillies wild card battle in Atlanta, with their NLDS opening up […]
J.D. Vance visits Florida to rally the Republican base. Skeptics remain
One attendee said he’s considering leaving the governor’s race option blank after backing James Fishback in the Republican primary.
Centre County Teen Expanding Food Truck Business to Brick-and-Mortar Cafe
At just 16-years-old, Alexa Cowher has owned and operated Joelle's Sips and Bites, an Aaronsburg-based food trailer, since June. Cowher serves everything
NCMIC names Dickinson executive vice president of enterprise growth
NCMIC has promoted Tony Dickinson to executive vice president of enterprise growth, where he will lead the Clive-based company’s strategy to diversify its business and identify new growth opportunities. Dickinson will continue serving as president of NCMIC Finance Corp. and supporting the NCMIC Insurance Agency. The company said in a news release Dickinson will explore…
New CEO selected to lead Proteus
Proteus Inc. has named Sarah Zeidler its new CEO. Zeidler will join the Des Moines-based nonprofit in mid-October, succeeding Daniel Zinnel, who stepped down in July to become CEO of Orchard Place. Zeidler most recently served as executive director of oncology services at UnityPoint Health’s John Stoddard Cancer Center. She also serves on the boards…
‘Verity’ review: This Anne Hathaway movie’s inert from the get-go
Anne Hathaway does her best to liven up this inert movie based on a Colleen Hoover bestseller.
Construction starts on $45.1 million multifamily project in Centerton
Capstone Building Corp., a Birmingham, Ala.-based multifamily general contractor, recently started construction on The Emerald, a $45.1 million multifamily development in Centerton. The 256-unit, 312,414-square-foot development at East Centerton Boulevard...
Trump says he’s ‘looking at’ opening US military base in Venezuela
President Donald Trump is open to the prospect of a U.S. military base in Venezuela or somewhere else in South America. “We’re looking at doing a lot of things,” Trump told reporters on Thursday. “We’re getting along very well, as you know, and Venezuela has been a great situation. The people are happy, and I’m […]
Goodwill Arkansas to receive $850,000 from The BlackRock Foundation
Little Rock-based nonprofit Goodwill Arkansas will receive an $850,000 grant from an initiative of The BlackRock Foundation, the philanthropic arm of asset management firm BlackRock, to help workers pursue careers...
Steve Oberman Joins SoundCheck Capital As SVP, Business Development
Former Tixr, See Tickets and Flavorus executive Steve Oberman joins SoundCheck Capital, a specialty finance company providing revenue-based financing to the
Could Packers start Mekhi Becton at right tackle?
Mekhi Becton could be a better option for the Packers than Anthony Belton at right tackle based on their respective experience in the NFL.
Sony Brings AI Upscaling To The Base PS5
Marvel’s Wolverine and Ghost of Yōtei are the first games to support Quick Spectral Super Resolution.
TENNESSEE VOLS BASEBALL: Tough slate set for '27 season
Tennessee baseball released its full 2027 schedule on Wednesday, which is chock-full of marquee matchups.
TKO Miller Launches Innovative Donor Advised Fund Initiative to Help Business Owners Multiply Their Charitable Impact Following a Business Sale
/PRNewswire/ -- TKO Miller today announced the launch of its TKO Miller Impact Initiative, a Donor Advised Fund-based (DAF) program designed to help business...
URI to launch new computational social science doctoral program
KINGSTON, R.I. – Oct. 1, 2026 – The University of Rhode Island is introducing a new Computational Social Science Ph.D. program, citing a growing demand for trained social scientists who can ethically use advanced computational methods to study complex social problems and inform evidence-based decisions. Set to launch in the fall of 2027, URI’s new […]
Sony announces QSSR AI upscaling tech for base PS5 in Marvel's Wolverine and Ghost of Yōtei
The PS5 Pro is no longer the sole domain of AI upscaling tech on console.
Lightbeam Health Solutions and ChartSpan Partner to Unify Device-Based and Deviceless Remote Patient Monitoring Within Value-Based Care
/PRNewswire/ -- Lightbeam Health Solutions, the proven AI-enabled solutions and services leader helping healthcare organizations succeed in value-based care,...
Leidos to lay off 84 workers in Ashburn
Reston-based Leidos plans to lay off 84 employees at an Ashburn operation beginning Nov. 23, according to a state notice.
Jason Jones, Co-Creator of Halo and Destiny and Co-Founder of Bungie, Announces New Studio
Jason Jones, one of the co-founders of Bungie and a co-creator of Halo and Destiny, has announced his new studio, Stone Kite, which will work on projects across various entertainment mediums. The studio's first release is One Zero One, a limited-series comic book based on a manuscript written by Jones.
Panther Premier Print acquires longtime flag specialist Maximum Promotions
Sioux Falls-based Panther Premier Print has acquired longtime Sioux Falls-based Maximum Promotions, which specializes in flag and flagpole sales and service, along with custom applique banners.
How the Yankees helped rewrite Baseball economics
Explore how the New York Yankees leveraged free agency to transform baseball and the lessons this offers for global markets.
Three business groups to bid for building reservoir
The groups consist of firms based in countries including Italy, Spain, South Korea and England.
Yankees’ $162.5M bet finally pays off in October
Boston chose to walk Ben Rice and pitch to Cody Bellinger with the bases loaded in the sixth inning. That […]
Mets Morning News: Mets face offseason questions
Your Thursday morning dose of Mets and Major League Baseball news, notes, and links.
A Utah tech darling’s A.I. business just changed hands. Now, 175 local workers are losing their jobs.
Massachusetts-based Progress Software paid $400 million for almost all of Domo’s assets.
Samsung has updated these Galaxy devices to Android 17
Samsung is now rolling out its Android 17-based update, One UI 9, to its collection of supported Galaxy smartphones and...
Chicago Cubs news
Nico Hoerner broke up a no-hit bid, then singled to load the bases in the ninth, but it was too late.
Good science requires much more than evidence
Empiricists believe that scientific theories are true only if they make correct empirical predictions: if we can't verify these predictions, then there is no reason to expect that they tell us anything about reality. However, Professor of Philosophy at King's College David Kyle Johnson argues that this is mistaken. In response to Bas van Fraassen, who has written on this subject for the IAI, he argues that we have many reasons for believing a theory to be true, such as it being parsimonious and having large scope — qualities which have been used throughout the history of science as criteria for judging theories. In 2024, Princeton philosopher Bas van Fraassen wrote a short article for IAI News entitled “Science Does not Describe Reality: The Limits and Benefits of Explanation.” At the time, I was working on two projects (a science book and a Great Course) that, when completed, would (among other things) defend science’s ability to describe reality. I wanted to write a response to van Fraassen, but the projects demanded too much of my attention. But now that those projects are complete, I am in a position to explain the objections to van Fraassen’s thesis. Summarizing van Fraassen’s argumentIn a nutshell, his argument is this: What scientists do is make predictions based on theories and then invite others to test to see whether those predictions are borne out. “If theory T is right, result R should happen in experimental condition C.” Many think that running an experiment that shows that R happens in condition C is proof that theory T is true (and should be believed). But, van Fraassen argues, that R happened in condition C is only a reason to think that R happens in condition C. That’s the only observable, or empirical, result we can actually see, so that is all that we are really justified in believing. (The underlying theory that made that prediction still may or may not be true.) That is why he calls those who accept his position “empiricists.”Before I explain what is wrong with this position, let me explain what it gets right. What van Fraassen Gets RightFirst, a theory correctly predicting the results of an experiment is not, strictly speaking, “proof” that the theory is correct. The basic line of reasoning is this:If the theory T is true, result R should happen. Result R did happen. Thus, theory T is true.In other words:“If T then R. R. Thus, T.”This is a deductively invalid, fallacious mode of reasoning, called “affirming the consequent.” Those premises do not guarantee that the conclusion follows. “If I am in Pennsylvania, then I am in the USA. I am in the USA. Thus, I am in Pennsylvania.” Clearly that argument doesn’t guarantee its conclusion; neither does the above argument.However, science is not a deductive method of reasoning; it is an inductive one. And inductive arguments merely try to raise the probability of their conclusion, not “prove” them for certain. Thus, the fact that an experimental result doesn’t prove a theory is true is irrelevant; it’s not supposed to. That is not what scientific reasoning is about.___If the hypothesis that something exists clearly provides the best explanation for what we can observe, then the belief that it exists is what is rational.___Second, it’s also true that a single experimental result doesn’t provide enough justification to believe that a theory is true. Scientists do not come to a consensus about whether a theory is true by looking at a single experiment; they look at all the evidence to determine where the preponderance of evidence points. The mere fact that I am in the USA raises the probability that I am in Pennsylvania, but not nearly enough to conclude that I am in Pennsylvania. However, if I am also regularly encountering people wearing Eagles and Phillies hats and seeing advertisements for Founding Father tours, I probably am. In the same way, a theory successfully predicting the outcome of one experiment is not enough to conclude that it is true; but if a theory makes a wide variety of predictions that are all vindicated by multiple experiments, performed by many different groups and people, all actively trying to prove the theory false (which is what good scientific experiments are designed to do)—that is a good reason to conclude that the theory is true. In other words, if you repeatedly try to prove something false but can’t, that is a very good indication that it isn’t. The problem of underdeterminationIn reply, those whom van Fraassen calls “empiricists” often point to the “problem of underdetermination.” For any given theory that makes successful predictions about what happens in experimental conditions, there are countless other possible theories that make exactly the same predictions—and since they do, the experimental evidence in question is just as much reason to accept any of those theories as it is to accept our original one. Thus, the argument goes, we have no way of knowing whether our original theory is true, or one of the other “predictively equivalent” theories is true. SUGGESTED VIEWING How Occam's Razor changed the world With Johnjoe McFadden As an example of underdetermination, philosophers often offer this example. The evidence of fossils seems to provide reason to conclude that the universe is quite old; ancient fossils are what the “ancient universe” hypothesis predicts. But it’s also possible that God created an ancient-looking universe 200 years ago, complete with a “fake” fossil record for us to find, to make it look old. The existence of fossils is what that theory predicts too. So, the argument goes, the fossil record can’t be used as evidence that the universe is ancient; the fossil record supports the “200-year-old ancient-looking universe” theory just as much. The problem of underdetermination points out that, for any theory with supporting evidence, we could invent another completely different theory that predicts exactly the same evidence, and thus undermine that evidence’s ability to support the original theory.But this “argument from underdetermination” betrays a fundamental misunderstanding of what scientific reasoning is and how it works. To explain, let me use another rather strange (but very real and commonly discussed) philosophical thought experiment called “The Grue Problem.” The “Grue” ProblemSuppose I want to know what color emeralds are, so I observe a few, see that they all appear green, and form the theory that “all emeralds are green.” I thus predict that the next 100 emeralds I find will also appear to be green. And let’s say that happens, and so I thus conclude that my theory that all emeralds are green is true. Now, one might rightly point out that I don’t know for sure that all emeralds are green—I have not seen them all. Maybe some I haven’t found yet are blue. Fair enough. After all, we used to think that all swans were white, until we found some black ones. But let’s say that I go on a quest and collect every emerald in the universe—and, for the sake of the argument, let’s say I can do this, and can even know that I have every one of them. So, I collect them all, look at them all, and verify that they all appear green. Can’t I now rightly conclude that all emeralds are green?Inspired by the problem of underdetermination, a friend might argue that I cannot.Sure, they all appear green now—but there could be another kind of color called “grue.” Something is grue if it is green up to a certain point in time, but then spontaneously turns blue. And there could be an infinite number of “shades” of grue. Something that is one shade of grue will turn blue at noon today, but something that is another shade of grue will turn blue at noon tomorrow, etc. So yes, the emeralds appear green now; and since they haven’t turned blue yet, they are not some “past” shade of grue. But they might be some “future” shade of grue (e.g., they may turn blue at noon tomorrow). And since all future shades of grue are consistent with “being green up to this point in time,” the evidence you have is completely consistent with the notion that all emeralds are some future shade of grue, rather than green. Indeed, that they would appear green until now is what the “some future shade of grue” hypothesis predicts. So, we have just as much reason to conclude that all emeralds are some shade of grue as we do to conclude that they are green.You’re probably thinking “It’s not equally possible that the emeralds are grue; they are obviously green.” You are right! But explaining why your instinctive reaction to my friend’s argument is correct will help inform why van Fraassen’s “empiricist” is wrong and science actually does describe reality.The main mistake my friend makes is in thinking that the “empirical evidence” (of all the emeralds appearing green) is (or even should be) all I am using to draw the conclusion that all emeralds are green. It is not. I am also considering known facts about how colors typically work; things don’t usually change color, and when they do, they don’t do so suddenly, without cause, and all at once. So, even though the simple evidence of the emeralds all appearing green up to this point is consistent with them being some future shade of grue—that is even what the grue hypothesis “predicts”—it is still exceedingly unlikely that they are. The hypothesis that they are green is much more likely. Understanding science refutes the problem of underdetermination The misunderstanding about science that the “empiricist” pointing to “the problem of underdetermination” makes is similar to the one that my friend made. Science is not just about considering experimental evidence; in fact, it’s not even just about considering empirical evidence. As Ernan McMullin and many other philosophers of science have pointed out, the inference that makes science is “inference to the best explanation” (sometimes called “abduction” or “retroduction” by McMullin). While, depending on the circumstances, scientists use many different kinds of reasoning, science as a whole is, simply put, the process of considering multiple competing explanations and comparing them to certain criteria—explanatory criteria (the kinds of things explanations must be and do, by definition, to be a good explanation)—to see which explanation is the best.And these criteria do not deal only with empirical results. Yes, successful predictions raise the probability of a hypothesis, but it’s also the case that the more new assumptions a theory makes, the less likely it is to be true; every new assumption presents an opportunity for the theory to be false. (The fewer assumptions a theory makes, the simpler or “more parsimonious” it is said to be.) Likewise, the more existing evidence a theory contradicts, the less likely it is, because in order for a theory to be true, every piece of evidence it contradicts has to be somehow faulty. (The fewer established theories a new theory contradicts, the more “conservative” it is said to be.) And, obviously, the more something explains, the better explanation it is. (This is called having “scope.”) If a theory raises unanswerable questions, it’s not expanding our understanding, and thus is not wide-scoping. Scientists consider all these things when deciding which theory to accept, because the theory that adheres best to these explanatory criteria is most likely to be true.___the mere fact that a theory’s predictive success is why it “sticks around” or “becomes accepted” in the scientific community is not a reason to be skeptical about its truth.___The reason the grue hypothesis is no good is because it invents an entirely new kind of color—not just a new shade, but an entirely different category of color (a different way colors work)—and thus is not parsimonious. It raises unanswerable questions about how and why emeralds would just spontaneously change from green to blue (and thus does not have wide scope). And it contradicts what is already well established about how color works (and thus is unconservative).The theories that the problem of underdetermination points to do the same thing. Yes, the theory that God created an “ancient-looking universe” (complete with an ancient-looking fossil record) two hundred years ago is also consistent with the empirical evidence (of a fossil record) that presently exists; but that theory is monumentally unparsimonious (it requires many extra assumptions about infinite entities) and not wide-scoping (it raises unanswerable questions about why God would do such a thing). So, I can rationally conclude that it is false.Indeed, the history of science includes many examples of theories that were rejected because they lacked parsimony and/or scope, even before their falsity (and the truth of their competing theory) was confirmed by observation. As I point out in my book, geocentrism was rejected by the scientific community because it lacked parsimony, almost 200 years before the observation of parallax confirmed that the Earth moves around the sun. And the continuum theory of matter was completely rejected by 1860, because it couldn’t explain chemical reactions or organize matter into a periodic table, even though the experiments that eventually confirmed atomic theory weren’t even proposed until the 1870s. Solving the best of a bad lot problemIn response, the “empiricists” are likely to object, this time pointing to the “best of a bad lot” problem. “We have no reason to conclude that an explanation that has been shown to be better than others is true because we have no guarantee that the true theory was among those that we were considering.” If you have a “lot” (a collection) of poor explanations, even the best one is not true.The responses to this problem, however, are numerous. Peter Lipton argues that the set of hypotheses that scientists consider are not just randomly selected and thus unlikely to contain a theory that is true; they use existing knowledge to home in on what is most likely to be true. A doctor trying to explain abdominal pain is not going to bother wondering whether demons are causing it; they are going to stick with things like appendicitis and kidney stones, because they are most likely. Further, despite its name, inference to the best explanation is not just the process of comparing hypotheses and accepting the best one; we also want one that is a good explanation in its own right. If it’s not, we are going to keep looking until we find an explanation that is. And while that process does not guarantee that we will come across the exact truth, it’s very likely that the theory that emerges as the best will be at least approximately true, and thus we will be justified in believing it. And lastly, as I point out in my book, although many theories not based in scientific evidence (like geocentrism and continuum theory) have been completely overturned, science almost always progresses by the refinement of scientifically established theories—not their replacement. (Although our sun is not the center of the universe, heliocentrism was our first step in understanding the Earth’s true place in the universe.) So even if a theory we accept today may not be completely right, accepting it is a step on the journey toward the complete truth. The example of atomic theoryNow, it’s worth pointing out that most empiricists are not skeptical of all scientific theories; they are only skeptical of the ones that hypothesize the existence of “unobservables.” It’s not like they think that round Earth, heliocentrism, and germ theory are just useful (but untrue) “instruments” for making predictions about how to most efficiently navigate the seas, predict planetary motion, and treat diseases. They admit that the Earth actually is round, that the planets revolve around the sun, and that germs exist and cause disease. These facts and entities can be observed; the theories that suggest they exist are true. It’s only when theories start hypothesizing the existence of unobservables—like electrons, or quantum fields—that can’t be observed directly, that we should start doubting the theories’ truth. And to be fair to van Fraassen, in this published work, he doesn’t really say that we should doubt the truth of such theories. Only that scientific reasoning does not rationally force us to accept them as true. Skepticism, or agnosticism, he argues, is warranted. SUGGESTED READING Science is based in metaphor By Andrew Reynolds But the history of atomic theory throws a monkey wrench into that argument. Atoms used to be unobservable; again, scientists first accepted the theory that they exist because it had such grandiose explanatory power. But then atoms were seen with electron microscopes. They thus moved into the category of the observable. But this didn’t substantially change anything about what scientists were justified in believing; it certainly didn’t change any “atomic skeptics’” minds. It just confirmed what everyone already knew! If the hypothesis that something exists clearly provides the best explanation for what we can observe, then the belief that it exists is what is rational. The fact that the thing itself is not technically observable does not make doubting its existence rational.What’s more, the atoms were seen with an electron microscope. But electrons are themselves unobservable. How can an electron microscope reveal an atom if electrons are not real? This leads us to what is famously known as Hilary Putnam’s “miracle argument.” It’s (not) a miraclePhilosopher Hilary Putnam’s miracle argument is somewhat famous. Basically, he argued that a scientific theory being able to repeatedly make successful predictions—even about unobservables—without being at least approximately true would require a “miracle.” In other words, it would be such an improbable occurrence that it could not rationally be believed—the better explanation for why scientific theories about unobservables make the right predictions is because the unobservable entities and structures they hypothesize exist.Van Fraassen has addressed this argument. Indeed, in his original article, where he references Alison Gopnik’s point about orgasms not being “necessary for procreation” even though the desire for orgasm “drives the creation of progeny,” he is pointing to his own argument about how organisms are not naturally selected by evolution to get true beliefs; to the extent that belief-forming processes are selected for, the ones that are selected are the ones that are useful for survival—not the ones that produce true beliefs. In the same way, van Fraassen argues, scientific theories are accepted, not because they are true, but because they aren’t falsified; they make successful predictions; that’s what makes them “stick around.” So, the fact that they make successful predictions (and thus became accepted) is not a reason to think they are true.This argument is similar to C. S. Lewis’s “argument from reason,” which he used to argue against evolution: “The truth of evolution undercuts our ability to know that it is true.” Lewis’ argument famously failed; Elizabeth Anscombe, by Lewis’s own admission, demolished Lewis in a debate on the topic, and I have explained elsewhere why modified versions of the argument fail as well. In short, it’s because it fails to recognize that a belief-forming process can make an organism more likely to survive because it reliably produces true beliefs. It is therefore not the case that beliefs generated by naturally selected belief-forming processes are automatically false or unjustified.In the same way, the reason a theory “sticks around” could be because it’s not falsified, because it “makes correct predictions.” But the reason it makes correct predictions is most likely because it is true. (In pointing this out, I am echoing the arguments of Musgrave, Lipton, Psillos, and Kitcher, who refuted van Fraassen’s argument and analogy long before his 2024 article.) It would be a huge coincidence that it could do so without being true. And that is the point of Putnam’s miracle argument. Thus, contrary to van Fraassen’s suggestion, the mere fact that a theory’s predictive success is why it “sticks around” or “becomes accepted” in the scientific community is not a reason to be skeptical about its truth. ConclusionLet me close by saying something about the fact that empiricists don’t doubt the truth of all scientific theories, just the ones that hypothesize unobservables. In today’s society, this theory is dangerous to espouse publicly. The nuance between being skeptical about all of science, and just the highly technical theories about unobservables, is guaranteed to be lost to the average reader. And there is so much unjustified skepticism and doubt about the findings of science and experts that a headline like “Science Does Not Describe Reality” could easily fuel the anti-science movement, worsen climate change denial and cause the next pandemic.This is why I believe it was important to still respond to van Fraassen’s article, a full two years after he wrote it. Not only, as I have argued, does it represent a philosophically inaccurate view of how scientific reasoning works and what scientific reasoning can do, but it is a dangerous view to boot. It should thus be rejected.
Real conservation efforts don’t ignore areas based on business
'Let us work toward real California 30x30 protections without rejecting key ecosystems for inclusion due to the clout of timber and agribusiness interests,' writes an L.A. Times reader.
Tenet Adds First U.S. Exclusive Commercial Lender to Business Hub and Welcomes New West Coast Business Development Manager
Toronto, Ontario--(Newsfile Corp. - October 1, 2026) - Tenet Fintech Group Inc. (CSE: PKK) (OTCID: PKKFF) (FSE: P0T) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Hub, today announced that New York based commercial lender Premium Merchant Funding ("PMF") has signed on to be the first commercial lender on the Business Hub exclusively dedicated to lending and extending credit to U.S. based small and medium-sized enterprises.While..