Tag: Meta Platforms

This week investors must consider the potential for recession and stock market recovery. DataTrek Research believes that a recession could actually help resolve three issues. Technology fund managers provide insight into investing in artificial intelligence, and ex-Treasury chief Larry Summers comments on the Federal Reserve's rate hike. Meanwhile, there is a surplus of agents in the real estate market and Bed Bath & Beyond is heading towards bankruptcy. Cathie Wood anticipates a robo-taxi boom could push Tesla up to $2,000 per share. Microsoft, Alphabet, Meta Platforms, Apple, Coca-Cola, Credit Suisse and First Republic Bank are all about to report profits. Invest with caution!

On March 31, 2023, 42 German creative professionals including authors, performers, photographers, designers, journalists, and illustrators expressed their concerns in a joint letter to the European Union regarding potential negative effects of generative AI technology ChatGPT on copyright. They proposed regulations to hold providers of AI foundation models accountable for the content created and disseminated through AI systems. With these rules and regulations, authors and performers will have the right to protect their copyrighted works.

ChatGPT is the ultimate go-to for finding answers quickly and easily. An advanced language model developed by OpenAI, ChatGPT uses vast amounts of training data and its supervised and reinforcement learning techniques to provide human-like responses to questions. Invested in by big tech companies such as Microsoft and Alphabet, ChatGPT is paving the way for a new generative AI. However, recent cheating scandals involving the technology have made proper implementation and regulation increasingly important.

This article talks about the call made by 140,000+ authors and performers in Germany for stronger rules regulating the use of ChatGPT (Generative Pre-trained Transformer). Trade unions and other groups as well as copyright protection advocates, urge the European Union to take necessary steps and enforce regulations of the AI technology to protect content creators from unauthorized use and non-transparent processing. The article also mentions some of the top AI providers and what the authors have asked from them.

As industry leaders develop AI technologies, forty-two German associations raise concern for copyright protection, calling for stricter regulations. They urge the European Commission, European Council and EU lawmakers to ensure that the generative AI (such as ChatGPT) being used respects copyright protection and does not substitute the sources. New regulations need to be put in place to regulate AI technologies for the entire product cycle.