WTF Fun Fact 13242 – An AI Discovery

An AI discovery stunned literature enthusiasts in early 2023. An artificial intelligence (AI) technology being used to transcribe anonymous historic works at Spain‘s National Library managed to identify a play that was actually written by Felix Lope de Vega, one of Spain’s great playwrights.

How did the AI discovery come about?

According to CNN: “The National Library said on Tuesday that experts later confirmed that the Baroque playwright — one of the most prominent names of the Spanish Golden Age — wrote “La francesa Laura” (The Frenchwoman Laura) a few years before his death in 1635.”

The manuscript in the library’s archives is a copy. However, no one knew there was an original. That may have been destroyed.

Researchers from universities in Vienna and Valladolid used AI to digitize 1,300 anonymous manuscripts and books at the library. This allowed a machine to scan the text and transcribe it without requiring years of human labor.

The algorithm was also designed to compare traits of the previously anonymous plays to known plays in order to find similarities. And that’s precisely how La francesca Laura was identified as one of Felix Lope de Vega’s plays.

The National Library said the words used in the text were “closely aligned with Lope’s, and not with those of the other 350 playwrights who were part of the experiment.”

According to CNN, “Experts then used traditional philological research resources to corroborate the findings.” In other words, they went through the known history of the author for hints that he wrote such a play.

A new classic

CNN summarized the play:

“The plot focuses around Laura, the daughter of the Duke of Brittany and wife to Count Arnaldo. The heir to the French throne is captivated by her, and although she rejects him, her jealous husband tries to poison her. Ultimately, Laura’s righteousness is proven and happiness is restored.”

The play will be published by Gredos publishing house later in 2023.  WTF fun facts

Source: “AI reveals unknown play by one of Spain’s greatest writers in library archive” — CNN

WTF Fun Fact 13238 – Coffee Not the Second Most Traded Commodity

Sometimes the “fun fact” is that an often-repeated piece of information is just not true. For example, you’ll see plenty of otherwise reputable sources state that coffee is the second most traded commodity in the world behind oil. But it’s not. Not even close.

Why do we think coffee is the second most traded commodity?

Well, in short, we think coffee is the second most traded commodity (after oil) because it’s been published as fact so many times. Representatives from Starbucks even reported it to the US Senate Committee on Foreign Relations.

Coffee is incredibly important, however.

The website Perfect Grind Daily looked into the truth behind trade and found that “coffee is neither the world’s second-most traded product nor the world’s second-most traded commodity.”

“According to MIT’s Observatory of Economic Complexity (OEC)coffee is the world’s 98th most-traded product. Green coffee comes in at 114, while roasted coffee ranks 301st. (All data appears to be from 2015.) Sure, we’re talking about products here. But there are plenty of commodities above coffee in this list: oils, metals, crops…”

They even found that “coffee isn’t even the world’s second-most traded agricultural product. That would be wheat, at position 70, after soybeans at number 54.”

The data isn’t there

Plenty of people have tried to explain and justify the claim, but the evidence just isn’t there, even if you look at future contracts.

However, it may be the case that coffee was once the second most traded product or commodity from a specific country or region (likely Latin America) at some point in the past, but it’s unclear which one and if the math works out by volume or by value.

If it is indeed true for Latin America, the data would be old anyway. You’d have to go back to the 1970s for coffee to potentially come in second place.

According to Politifact, some people have tried to set the record straight.

“Science writer Mark Pendergrast included the errant claim in his 1999 book Uncommon Grounds: The History of Coffee and How It Transformed Our World. Ten years later, he wrote a correction (and fixed the error in the second edition).”

Pendergrast isn’t the only person to admit he was wrong or try to later debunk the myth. However, it’s a fun fact to throw out there. And once you say something catchy, it has a way of taking on a life of its own.

No matter how much people try to correct themselves, the myth lives on. But now you know the truth.  WTF fun facts

Source: “Coffee Isn’t World’s 2nd-Most Traded Commodity (But It’s Important)” — Perfect Daily Grind

WTF Fun Fact 13237 – A Vibrating Pill for Constipation

Constipation is common, but one company has come up with an uncommon solution for it – a vibrating pill for constipation. The pill is called Vibrant.

Vibrant – the vibrating pill for constipation

Don’t like the thought of taking pharmaceuticals for your constipation? No worries – there are no active ingredients in this little pill.

The vibrating pill is designed to stimulate the muscles in the digestive tract to help move stool through the intestines, promoting regular bowel movements and relieving constipation symptoms. The product is marketed by Vibrant Gastro and the information is available on their press releases and news section of their website.

According to HealthNews (cited below), the pill was announced on February 8, 2022. It was cleared by the FDA (which is different from approval, which means the pill is similar to an already-marketed device.

How does it work?

According to Vibrant’s press release:

“The idea behind the treatment is that a single vibrant pill is taken around bedtime every day. It then travels the same route as food does, through the stomach and small intestine, finally reaching the large intestine about 14 hours later. Then, it goes to work.

The pills stimulate specialized nerve cells in the gut called mechanosensory cells. These help trigger peristalsis, the undulating muscle contractions that help squeeze food through the gut.

The vibrations run for three seconds, then stop for three seconds. Before swallowing the pill, it must be activated in a small pod. The pill is then active for two hours, then off for six hours before activating again for two hours.

The idea is that you will eventually poop them out and they will clean out and loosen stool along the way. They are not considered a cure, but a maintenance treatment that people with constipation would take regularly. Each pill gets flushed, so treatment requires a new pill each time (thankfully!).

Constipation is generally defined as having fewer than three bowel movements in a week and affects 10 to 20% of Americans.

In the clinical trial, only a small number of participants could feel the pill vibrating. 40% of those taking Vibrant reported having at least one extra bowel movement a week and felt they were able to more completely empty their bowels. Only 23% of those in the placebo group reported an extra bowel movement.

23% of the participants given Vibrant reported two or more additional bowel movements a week.

That’s progress!  WTF fun facts

Source: “Drug-Free Vibrating Pill for Constipation Now Available by Prescription” — HealthNews

WTF Fun Fact 13236 – Health Benefits of Holding Hands

Studies have shown the health benefits of holding hands with someone you love. This can reduce stress and anxiety. That’s because the physical act of holding hands releases oxytocin, a hormone associated with feelings of love, trust, and comfort.

The other health benefits of holding hands

In addition, holding hands with someone you love can also lower blood pressure and reduce physical pain, making it an effective way to promote overall well-being and improve mental and physical health.

Holding hands can also boost self-esteem and confidence, making it a helpful tool for managing feelings of insecurity or low self-worth. It can even encourage communication, which helps to facilitate deeper connections and understanding between individuals.

Studies have also shown that holding hands can help to improve memory recall and enhance cognitive function.

Oxytocin: The “love drug”

Oxytocin is often referred to as the “love hormone” for its positive effects on physical and mental health. For example, studies have shown that the release of oxytocin can help to lower blood pressure. This, in turn, can reduce the risk of cardiovascular disease and stroke.

It can also have pain-relieving effects that can help treat a variety of painful conditions like migraines, menstrual cramps, and arthritis.

The “love hormone” is also a mood booster. Oxytocin can reduce symptoms of depression and anxiety in some people.

Finally, doing things that release oxytocin can help you strengthen your relationships. It helps promote feelings of love, trust, and comfort. This helps you form both personal and social bonds with those around you.

Reach out and touch…

There are many studies that demonstrate the cognitive benefits of touch. Yet it’s a sense that we don’t fully appreciate. Nevertheless, it helps us form both bonds and memories.

So, next time you’re feeling stressed or anxious, try reaching for your loved one’s hand.  WTF fun facts

Source: “Holding Hands May Reduce Stress” — WebMD

WTF Fun Fact 13232 – Belief in Conspiracy Theories

According to psychological research, conspiracy theorists tend to score higher on measures of paranoia, distrust, and cynicism. They are more likely to have a suspicious and skeptical view of the world which can make them more likely to see hidden motives and conspiracies in events and the actions of others. The belief in conspiracy theories is multifaceted.

What research helps explain some people’s belief in conspiracy theories?

There are several psychological factors that contribute to why some people believe in conspiracy theories. One is the need for a sense of control and predictability. Conspiracy theories may offer a sense of control and predictability in a complex and uncertain world. By attributing events to a hidden, powerful force, people can feel like they understand why things are happening and that they have some control over their fate.

A variety of cognitive biases, such as the tendency to seek out information that confirms their existing beliefs and ignore information that contradicts them help influence people’s beliefs and reasoning. This can lead to a reinforcement of conspiracy beliefs and resistance to accepting evidence-based explanations.

People may be more likely to believe in conspiracy theories if they have a low level of trust in mainstream institutions. These usually include the government and media. Believers may view these institutions as untrustworthy or corrupt. This forces them to turn to alternative sources of information that support their beliefs.

Conspiracy theories can provide a sense of uniqueness and identity, particularly for individuals who feel marginalized or disconnected from mainstream society. Believing in a conspiracy theory can make people feel special and part of a group with shared beliefs.

People are more likely to believe in conspiracy theories when other believers are part of their social circle. Social influence can be a powerful motivator too. Most people are often more likely to adopt beliefs and attitudes that are prevalent within their social network.

A complex context

Research on the belief in conspiracy theories suggests that there’s more to it than just a lack of critical thinking or an overactive imagination. Instead, people’s belief in conspiracy theories may be rooted in deeper psychological processes and motivations.

According to psychological research, conspiracy theorists tend to score higher on measures of paranoia, distrust, and cynicism. They are more likely to have a suspicious and skeptical view of the world. This can make them more likely to see hidden motives and conspiracies in events and the actions of others.

Additionally, research has shown that conspiracy theorists tend to have a unique information-processing style, characterized by a tendency to selectively attend to and remember information that supports their beliefs, and to ignore or discount information that contradicts their beliefs. This can lead to a reinforcement of conspiracy beliefs and a resistance to accepting evidence-based explanations.

The cultural context for conspiracy theories

In a research article from Frontiers in Psychology (cited below) was conducted in three countries. Researchers assessed participants based on their levels of paranoia, conspiracy mentality, and mistrust of different institutions (e.g. government, media, science).

The results revealed that different forms of mistrust are associated with paranoid beliefs and conspiracy mentality. Paranoid beliefs associate more strongly with mistrust of government and interpersonal relationships, while conspiracy mentality associates more strongly with mistrust of media and science.  WTF fun facts

Source: “Paranoid beliefs and conspiracy mentality are associated with different forms of mistrust: A three-nation study” — Frontiers in Psychology

WTF Fun Fact 13231 – The Downsides of ChatGPT

ChatGPT may seem like the answer students, coders, and writers have been looking for, but it’s far from perfect. In fact, the generative AI can be riddled with misinformation that’s likely to get you caught. And the downsides of ChatGPT are easy to discern since you can just ask the chatbot itself.

What is ChatGPT?

Chat GPT is a chatbot built by Open AI. Just go to chat.openai.com and see for yourself. You can ask it anything.

Of course, that doesn’t mean you’ll get the right answer. Sure, it may be the answer you want to hear. It may be grammatically correct. It may even seem elegantly stated. But look a little closer, and you’ll find it’s relatively simplistic and repetitive. And it can be downright incorrect and misleading.

What are the downsides of ChatGPT?

We went right to the source to find out how the AI might come up short. According to ChatGPT itself (when asked “what is one of the major drawbacks of chatgpt?”):

“One of the major drawbacks of ChatGPT is its lack of context awareness and the possibility of generating biased or incorrect responses.

Since ChatGPT is trained on a large corpus of text data from the internet, it may sometimes generate responses that reflect the biases and inaccuracies present in that data. This can lead to the generation of incorrect information or responses that perpetuate harmful stereotypes or beliefs.

Additionally, ChatGPT operates on a token-by-token basis, meaning that it doesn’t have an overall understanding of the context of a conversation. This can lead to responses that are not fully relevant or coherent, especially when the input is complex or requires a deep understanding of a particular subject.

To mitigate these issues, it is important to carefully evaluate and curate the training data used to train language models like ChatGPT, and to use appropriate post-processing techniques to ensure the quality and accuracy of the generated responses.”

We’re impressed the AI went the extra mile and suggested some more shortcomings!

The future of ChatGPT

Yes, the chatbot is a viral sensation. And it absolutely has the ability to do some good and save some time. But it also has the ability to be used to fill the Internet (and your homework assignments) will all sorts of confident-sounding information that’s factually incorrect. And the kicker is that it may someday be trained on the same incorrect websites it helped create.

Of course, there are some pretty ominous things ChatGPT can be used for. And to be fair, Open AI has been…well, open about the downsides of ChatGPT. According to Bleeping Computer (cited below), “OpenAI has been upfront about the AI’s shortcomings including its ability to ‘produce harmful instructions or biased content and continues to fine-tune ChatGPT.”  WTF fun facts

Source: “OpenAI’s new ChatGPT bot: 10 dangerous things it’s capable of” — Bleeping Computer

WTF Fun Fact 13227 – The First Insurance Company

The first insurance company was established in the city of Genoa, Italy in the late 14th century. It provided coverage for ship captains and merchants in case their cargo was lost at sea.

Technically, it was the first modern insurance company, since insurance goes back to roughly 2000 BC.

What do we know about the first insurance company?

The city of Genoa, Italy was a center of commerce and trade in the 15th century. That’s partly because it was a natural stop for merchants and ship captains traveling across the Mediterranean to trade goods.

With so much trade and commerce taking place, loss was inevitable – especially at sea. it was only natural that a system of risk management would develop to protect merchants and ship captains from financial loss. In fact, these types of contracts had existed for over 1000 years, but had previously been tied to loans.

While we don’t know much about the group that constituted the first insurance company Genoa in the late 14th century, it appears to have been created as a mutual aid society. In other words, members paid premiums and shared the cost of losses in case their cargo was lost at sea.

By the mid-15th century, insurance was a well-established industry in Genoa, and the city became known as a hub of insurance and risk management.

However, the insurance industry did face challenges at the start. For example, the city and its docks were at constant risk from attacks by pirates and other thieves. As a result, insurance companies had to find ways to provide coverage in the midst of many unpredictable dangers.

Of course, the insurance industry became incredibly lucrative. So much so that the government subjected it to hefty taxes.

Much of what we know about the details of Genoa’s early insurance days comes from two contracts. They were signed by seafarers in 1343 and 1347. These were the first insurance contracts not to be tied to marine loans. This made them unique by tying them to a company that solely dealt in risk management. In other words, the first insurance company.

The first insurance contracts

But insurance itself doesn’t begin in Genoa.

Insurance contracts have a long history, dating back to ancient civilizations. Over 2000 years ago, people would pool their resources to protect against financial loss. The loss could have been caused by unforeseen events such as fire, theft, or death. While it’s unlike the modern contracts offered by insurance companies today, this concept of mutual protection and risk sharing is considered to be the earliest form of insurance.

We know this took place in ancient Babylon because we still have fragments of the stones the contracts were chiseled into. They indicate that merchants would pool resources to protect against losses from shipping and trade. If a merchant’s goods were lost or damaged during transit, the other members of the pool would share the cost of the loss.

Merchants in the Roman Empire also used mutual aid insurance to protect against the loss of cargo and ships during sea voyages. Merchants would form associations to share the risk of loss.

While this may seem benevolent in terms of modern life, a person who engaged in mutual aid could rest easier knowing that it was unlikely that one event would cost them everything.

These early forms of insurance were informal. Many times, there were no formal contracts or regulations, and the terms and conditions of the insurance arrangements were often defined by custom and tradition.

WTF fun facts

Source: “The Earliest Insurance Contract. A New Discovery” — The Journal of Risk and Insurance

WTF Fun Fact 13226 – The Amazon Two Pizza Rule

One of the secrets of Jeff Bezos’ success may just be the Amazon Two Pizza rule.

What is the Amazon Two Pizza rule?

Amazon CEO Jeff Bezos apparently requires his senior executives to abide by a Two Pizza rule. Any team that can’t be fed with two pizzas is too big and should be broken into smaller teams. The rule ensures that teams include only essential members and that everyone stays focused on their specific area of expertise.

This rule encourages efficient and effective teamwork and ensures that communication remains open and clear.

Bezos believes in the importance of keeping teams small and nimble. He believes that small teams can move more quickly and make more efficient decisions. He also believes smaller teams are better equipped to communicate effectively. When a team is too big, communication breakdown can lead to delays and inefficiencies.

Bezos believes smaller teams are more focused. As a result, teams are more likely to work on the most important tasks and make the best use of their time. In the end, it’s all about preventing teams from becoming bogged down in tasks that are not relevant to their goals and allowing them to focus on delivering value to customers.

Small teams and success

Business leaders believe the Amazon Two-Pizza Rule helps foster innovation. Small teams ensure members are more likely to feel comfortable taking risks and trying new things.

In addition, by keeping teams small, managers and leaders get to know their team members. This helps them understand their strengths and weaknesses. This helps managers develop their skills in areas such as coaching and mentoring.

The purpose of pizzas

Amazon applies the Two Pizza rule in various forms, with teams ranging from two to a dozen people. It has been widely adopted by other companies.

By keeping teams small and focused, companies can ensure that they are able to work together effectively, deliver results quickly and foster innovation and creativity.  WTF fun facts

Source: “How Jeff Bezos Used the 2-Pizza Rule to Put an End to Useless Meetings at Amazon” — Inc.

WTF Fun Fact 13225 – Emotions and the Stock Market

There is a connection between emotions and the stock market. In fact, the stock market can move dramatically even when the underlying fundamentals suggest it should move in the opposite direction.

What’s the connection between emotions and the stock market?

The stock market is driven by a variety of factors, including economic indicators, company performance, and investor sentiment. However, research has shown that emotions play a significant role in stock market behavior, and can often drive prices higher or lower regardless of the underlying fundamentals.

For example, studies have shown that stocks tend to perform better on sunny days, when investors are in a positive mood, and worse on cloudy days, when investors are in a negative mood. Similarly, stocks tend to perform better on days when there are more positive news articles, and worse on days when there are more negative news articles.

How does human behavior affect stock prices?

The stock market is often thought of as a rational, data-driven market, but emotions can have a major impact on prices and investment decisions. Investor sentiment can be just as important as financial data in determining stock prices.

When investors are feeling confident and optimistic, they tend to be more willing to take risks and invest. This, in turn, drives prices higher. When investors are feeling uncertain or fearful, they tend to pull back from the market, thereby causing prices to fall.

This emotional component of the stock market is particularly evident during times of economic uncertainty, such as recessions or market crashes, when investor sentiment can change rapidly and drive large swings in stock prices. In these situations, emotions like fear, panic, and greed can drive investor behavior and create market volatility.

While emotions can have a significant impact on the stock market, economic indicators, company performance, and macroeconomic factors such as interest rates, inflation, and political events play an integral role in determining stock prices.

Still, the emotional component of the stock market is a key factor to consider for investors. They need to be aware of how their own emotions and those of the market can impact their investment decisions.

WTF fun facts

Source: “How emotions affect the stock market” — OUP Blog