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- 🗿 OpenAI Tricked by Lawsuit??
🗿 OpenAI Tricked by Lawsuit??
OpenAI published a juicy blog post yesterday regarding the NYT lawsuit, calling it “without merit.”
GM. Bitcoin reaches $47K for the first time since late 2021. The SEC issues its latest warning. OpenAI rebuts against the New York Times. Billionaires catfight on X.
Without Further Ado. ☕ knuckle cracks ☕ Let’s get into it.
Today’s No FOMO is brought to you by … LVCIDIA …. A Digital Fine Art Platform Founded By Fvckrender
Today’s Specials:
No FOMO News 📰 : Gary Gensler issues latest crypto warning ⚠️
No FOMO 🗿: OpenAI to NYT: You Tricked Us 🤡
AI Intel 🤖 : Asian AI Stocks Are Hot 📈
Max’s Gaming Corner 🎮 : 10 VCs Deploying Capital in Web3 👇
No FOMO News 📰
U.S. Arrests 'Bitcoin Rodney,' Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud (CoinDesk)
Bitcoin surpasses $47,000 for first time since late 2021 (The Block)
Donald Trump may be crypto’s unexpected savior (Politico)
Upbit Singapore wins full digital asset license from MAS (The Block)
Gary Gensler issues warning on crypto ahead of potential spot Bitcoin ETF approval (CT)
Every 3-4 years we have a BTC halving and it blows through resistance and reaches new all time highs
And every single cycle we doubt its gonna happen again
Yet it always does
Like clockwork
And every single time we go “Local Top”
“Don’t get too excited we’re going… twitter.com/i/web/status/1…
— NFT POWER RANKINGS (@nftpowerranking)
6:51 PM • Jan 8, 2024
OpenAI to NYT: You Tricked Us
OpenAI published a juicy blog post yesterday regarding the NYT lawsuit, calling it “without merit.” Let’s break it down.
What is the argument, and what does it mean for the future of AI-generated content, not only for media and journalism but for all human creativity? Because that’s ultimately what’s at stake here.
Illustration: Justin Jay Wang × DALL·E
OpenAI says training AI models using publicly available internet materials is fair use
They have an opt-out clause, which the NYT has been using since Aug 2023
They claim NYT makes up a tiny slice of training data, and is ultimately not significant for the model’s intended learning
OpenAI claims the NYT intentionally manipulated prompts to give them the desired outcome.
Our take: OpenAI is right. There is no legal basis for a lawsuit. But that’s more because our legal system is completely unprepared for the onslaught of AI developments that will fundamentally change our society. And less because they are justified in using other people’s work.
In the future, we will remember this time as the “Wild West” of Artificial Intelligence when you could get away with anything. A few lucky bastards will make a fortune. Regulators will level out the playing field and eventually overcompensate and become power-hungry. Then innovators will push back and leave us somewhere in the middle. Like literally any other new technology in a free society.
Honorary Mention
SEI network. It’s hot right now. We’re planning a deep dive. What do you think or know about SEI?
Doing a deep dive on @SeiNetwork
What are the best projects over there?
NFTs, DEXs, Memecoins, whatever
Just want to learn more and don’t know where to start
— NFT POWER RANKINGS (@nftpowerranking)
11:44 PM • Jan 8, 2024
AI Intel 🤖
OpenAI Claims New York Times Isn’t ‘Telling the Full Story’ in Suit (Bloomberg)
Samsung is primed to seize AI chipmaking crown (Reuters)
Asian stocks rise as tech surges on AI hype; Inflation remains in focus (Investing)
OpenAI says it is ‘impossible’ to train AI without using copyrighted works for free (yahoo)
Mayo Clinic pairs with Cerebras Systems to help develop AI for health care (Reuters)
Max’s Gaming Corner 🎮
Our web3 gaming update, brought to you by Max Kaufman
10 VCs Deploying Capital in Web3 👇
1. Paradigm
2. Dragonfly
3. AY Ventures
Conviction in blockchain tech is high 💸
Mining Memes ⛏️
It’s that time of year again 😇
— NFT POWER RANKINGS (@nftpowerranking)
4:07 AM • Jan 9, 2024
Gotta do what you gotta do if you want to make genny wealth:
— NFT POWER RANKINGS (@nftpowerranking)
7:29 AM • Jan 8, 2024
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