Day: May 1, 2023

By Ian Krietzberg Jonah Peretti thinks “we are at the end of an era.” The Pulitzer-winning offshoot of BuzzFeed — BuzzFeed News — was shut down April 20 in an effort to make the troubled media company more profitable. The shuttering of BuzzFeed News reduced 15% of BuzzFeed’s total staff. The shift away from BuzzFeed News comes at the “end of an era for digital media,” and serves as part of the company’s adaptation to the coming new age, CEO Jonah Peretti said in a blog post detailing five predictions for media’s future last week. DON’T MISS: BREAKING: Read BuzzFeed CEO’s Heartbreaking Letter… Read More “Buzzfeed CEO Reveals Bold Prediction For the Future of Media”

What you need to know… The S&P 500 Index ($SPX) (SPY) Monday closed down -0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.11%. Stock indexes Monday gave up early gains and settled slightly lower on the large +15.4 bp rise in the 10-year T-note yield. The markets are also on guard for a hawkish FOMC meeting this week, with the market pricing in a 95% chance the Fed raises the federal funds target range by 25 bp on Wednesday. Also, weakness in regional bank stocks Monday weighed on the overall market as sentiment towa… Read More “Stocks Settle Slightly Lower on Higher Bond Yields”

When President Joe Biden officially announced, on Tuesday, April 25, that he was seeking reelection in 2024, the Republican National Committee (RNC) immediately responded with a melodramatic attack ad. Many Democrats and their allies, meanwhile, rallied around Biden. Sen. Bernie Sanders of Vermont, an independent who caucuses with Democrats, was quick to voice his support for Biden’s reelection campaign and gave him an enthusiastic endorsement. In 2020, Sanders fought Biden aggressively for the Democratic presidential nomination before ultimately dropping out of the race and endorsing him; in … Read More “‘I’m worried’: Harvard professor explains why AI technology could imperil democracy in the future”

The constant flood of information on social media often makes it difficult to discern what is true and what is not, even more so with the recent boom in artificial intelligence (AI). New generative AI tools such as DALL-E and Midjourney have made it possible for virtually anyone to create imaginary – yet plausible – scenarios with ease. This trend has given rise to so-called deepfakes: videos or images that convincingly depict someone in a fake scenario. The impact of this technology varies, from humorous and silly to political smear campaigns and non-consensual sexual content. ‘Living a lifel… Read More “How to spot an AI deepfake, from Trump’s arrest to the Pope’s puffer coat”

In recent weeks, content creators and film fans (as well as intrepid Euronews Culture journalists) have been embracing the trend of making videos that resemble Wes Anderson’s off-beat and hyper-stylized directorial style. Now, a Star Wars trailer in the style of the director behind The French Dispatch, The Grand Budapest Hotel and Fantastic Mr. Fox has stoked debate among fans of both the indie filmmaker and the treasured space opera series. The trailer for The Galactic Menagerie was created by the YouTube user Curious Refuge, with the help of an artificial intelligence software – reportedly A… Read More “AI-generated Wes Anderson ‘Star Wars’ trailer goes viral and divides fans”

By Ian Krietzberg Musk dove into AI on Real Time with Bill Maher. OpenAI’s generative AI ChatGPT launched in November, 2022. By January, it was clocking an estimated 13 million users per day. On March 13, the company launched a more powerful version of its generative chatbot, GPT-4, which is not yet available to the general public. Just a week later, Elon Musk, alongside Apple co-founder Steve Wozniak and dozens of other prominent scientists and politicians, published an open letter asking for a six-month pause in AI development. DON’T MISS: Want a New Job? You May Be Required to Know ChatGPT … Read More “Watch: Elon Musk Explains One Weird Reason Why Big Tech Won’t Slow Down On AI”

Roles in artificial intelligence (AI) are set to be the fastest-growing job type in the next five years, according to new research. The explosion of interest in AI in recent months, thanks to the release of tools like ChatGPT and Midjourney, has raised concerns about how the World of work is going to be affected by this new technological revolution. Economists and work experts are trying to predict which jobs are most at risk, and what sort of new jobs are going to be created. The World Economic Forum chimed in with its Future of Work report on Monday, detailing which jobs are going to be the … Read More “AI and the future of work: Here are the fastest-growing jobs – and those set to decline”