OpenAI boss says AI regulation could go wrong

Published by
City AM

By Jess Jones The chief executive of OpenAI, the organisation behind ChatGPT, has voiced concerns about the challenges of regulating artificial intelligence (AI). During a visit to Taiwan, Sam Altman, who leads the startup backed by Microsoft, expressed that while he is not overly worried about government over-regulation, it remains a possibility. He said: “It is possible to get regulation wrong, but I don’t think we sit around and fear it. In fact, we think some version of it is important. “I also worry about under-regulation. People in our industry bash regulation a lot. We’ve been calling f… Read More “OpenAI boss says AI regulation could go wrong”

Strike deal only first step in resolving film industry crisis

Published by
AFP

Los Angeles (AFP) – A tentative deal to end a long-running writers’ strike that has paralyzed Hollywood is only a first step in resolving a film industry crisis, as an equally bitter studio stand-off with the actors’ union stretches on. The Writers Guild of America, which walked out back in May over demands including better pay and safeguards against the use of artificial intelligence, finally thrashed out a deal with studios including Netflix and Disney on Sunday night. Ratification of that agreement — first by the WGA board, then by its 11,500 members — is widely expected to be waved throu… Read More “Strike deal only first step in resolving film industry crisis”

Explainer-Is the Hollywood writers’ strike over?

Published by
Reuters

(Reuters) – The Hollywood writers’ strike is nearing its end after a preliminary agreement with studios and streaming companies on Sunday after five months of disruption. Is the strike over? Not yet. The two sides still need to work out the language of the final contract, which will then need approval from the leadership of the Writers’ Guild of America (WGA), as well as its 11,500 members. Analysts said the approval should come swiftly, perhaps within a week. Writers will also no longer be on the picket lines as the union has asked them to stop protesting. What were the writers’ demands? Both… Read More “Explainer-Is the Hollywood writers’ strike over?”

Wall Street posts gains as investors eye rate outlook

Published by
Reuters

By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – Wall Street’s main indexes posted gains on Monday, with increases in Amazon.com shares and the energy sector, as Treasury yields rose further and investors looked to economic data and Federal Reserve policymakers’ remarks later in the week for clarity on the path for interest rates. Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 rebounded on Monday after last week it had its biggest weekly drop since March. There is a “tug of… Read More “Wall Street posts gains as investors eye rate outlook”

Spanish prosecutor to probe AI-generated images of naked minors

Published by
Reuters UK

MADRID (Reuters) – A Spanish prosecutor’s office said on Monday it would probe whether AI-generated images of naked teenaged girls, allegedly created and shared by their peers in southwestern Spain, constituted a crime. The rise in use by children of such technologies has sparked widespread concern among parents worldwide. The U.S. Federal Bureau of Investigation warned in June that criminals were increasingly using artificial intelligence to create sexually explicit images to intimidate and extort victims. The prosecutor received a 200-page police dossier with about 20 complaints by families … Read More “Spanish prosecutor to probe AI-generated images of naked minors”

Swiping Right On The Richest Man In The : What It’s Like To Date Elon Musk

Published by
Benzinga

We already know working for Tesla Inc (NASDAQ: TSLA) CEO Elon Musk can be a bit of a rollercoaster ride. According to his new biography, dating the billionaire also appears to have its ups and downs. What To Know: Musk’s biography, which was released this month, revealed a lot about the billionaire’s somewhat quiet love life. Several of the women he has had relationships with shared details about what it’s like dating the World’s richest person. Many of them described their relationships as emotionally volatile. Although they were often looped in on some big business decisions, a lot of the ex… Read More “Swiping Right On The Richest Man In The : What It’s Like To Date Elon Musk”

Online Safety Bill branded a ‘form of communism’ by Matt Le Tissier in scathing rant

Published by
GB News

Ex-England footballer Matt Le Tissier has issued a warning over the Online Safety Bill, claiming it is a draconian measure. It comes as the controversial law aimed at making social media firms more responsible for users’ safety passed its final Parliamentary debate. The nearly 300-page bill will introduce new rules that force forms to remove illegal content and protect children from some legal but potentially harmful content. Critics have argued that Big Tech will have more power in dictating what may or may not be said online. Speaking on GB News, Le Tissier said the bill is a “form of commun… Read More “Online Safety Bill branded a ‘form of communism’ by Matt Le Tissier in scathing rant”

Ukraine's economy grows year-on-year for first time since start of full-scale invasion

Published by
Kyiv Independent

Ukraine’s gross domestic product grew by 19.5% year-on-year in the second quarter of 2023, signaling the economy’s successful adaptation to wartime conditions following last year’s collapse. The result is higher than the Economy Ministry’s forecasted results and “indicates that the economy is adapting to the war,” Economy Minister Yuliya Svyridenko said in a statement published online. “Importantly, the vast majority of economic activities demonstrated positive trends,” she said. Actual GDP growth compared to the previous quarter of this year equates to 0.8%, adjusted for seasonal factors. Rus… Read More “Ukraine's economy grows year-on-year for first time since start of full-scale invasion”

Music is also working a nostalgic angle

Published by
Relaxnews

By Armend NIMANI / ANGELA WEISS / AFP When summer ends, artists and record companies alike wonder which songs will make it into the year-end music charts. According to a recent study, there’s a good chance that the hit rankings of 2023 will have a very retro feel to them, in particular nodding to the Noughties. When summer ends, artists and record companies alike wonder which songs will make it into the year-end music charts. According to a recent study, there’s a good chance that the hit rankings of 2023 will have a very retro feel to them, in particular nodding to the Noughties. These projec… Read More “Music is also working a nostalgic angle”

P/E Ratio Insights for Sherwin-Williams

Published by
Benzinga

In the current market session, Sherwin-Williams Inc. (NYSE:SHW) share price is at $256.21, after a 0.60% increase. Moreover, over the past month, the stock fell by 5.27%, but in the past year, went up by 22.85%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. Comparing Sherwin-Williams P/E Against Its PeersThe P/E ratio measures the current share price to the company’s EPS. It is used by long-term investors to analyze the company’s current performance against it’s past earnings, historical data and… Read More “P/E Ratio Insights for Sherwin-Williams”