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Glossary Technology & AI

Large language model

A model trained on vast amounts of text to predict what comes next, which turns out to produce fluent writing, translation and summarisation. Fluency is not accuracy, and the two come apart regularly.

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Dividend

A share of profit paid out to shareholders, usually quarterly. Cutting one is a strong signal…

Bipartisan

Supported by members of opposing parties. It describes the pattern of support for a measure, not…

Memecoin

A token whose value rests on attention and community rather than on any product or cash…

Custody

Who actually holds the keys. Self-custody means you do; a custodian means a regulated firm does,…

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