Kyle Risdell
π€ SpeakerAppearances Over Time
Podcast Appearances
We will have the details when we do the numbers.
The marketplace acronym of the day is SLOOS.
S-L-O-O-S.
Much as I would like to be able to claim it for ourselves, we cannot.
It comes to us from the Federal Reserve, which once a quarter does a survey of loan officers across the country.
Senior loan officers, to be precise, seeking their opinions on how things are going.
Let's see if you can put two and two together here.
It is the Senior Loan Officers Opinion Survey, SLOOS.
Anyway, the Fed wants to know what kind of loan demand they are seeing, what their lending standards are, that kind of thing.
The most recent version came out this week covering Q4 of last year.
And this time around, the central bank asked some questions trying to get a better understanding of how those loan officers are feeling about lending to companies that are exposed to artificial intelligence.
Marketplace's Justin Ho made some calls to find out for himself.
Data from the Federal Communications Commission tells us that in the year 2000, there were more than 2 million payphones distributed across this economy.
By 2016, we were down to 100,000, after which the FCC stopped even keeping count.
But just because traditional payphones have been disappearing doesn't mean the need for some kind of public telephone access has disappeared, too.
The good people at Pew Research...
Tell us that 98% of Americans own a cell phone, which tracks, right?
But it also means that 2% don't.
Eric Kunzman is a photography professor at Rochester Institute of Technology.
He is also the leader of the Good Phone Project.