
Equity AI versus copyright, and why you shouldn't put all your eggs in one NFT basket
5 snips
Jan 2, 2024 In a timely discussion, the podcast dives into the rising tensions between AI technologies and copyright laws, spotlighting a significant lawsuit against OpenAI. Financial markets and the fluctuating value of cryptocurrencies also take center stage. Meanwhile, the challenges faced by X in monetization are highlighted, illustrating the difficulties in social media profitability. Finally, an optimistic look at climatetech job growth hints at promising opportunities in the startup world.
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Market Overview
- Global stock markets are mixed, with Asia and Europe mostly lower, but coming off highs.
- US pre-market trading is down due to a negative analyst call on Apple.
Cryptocurrency Market
- Cryptocurrencies like Bitcoin and Ethereum are showing positive price movements, driving increased trading volume.
- This positive trend is similar to the beginning of 2023, but its sustainability is uncertain.
NYT vs. OpenAI
- The New York Times is suing OpenAI and Microsoft for copyright infringement, alleging large-scale copying of their articles for AI training.
- This poses significant legal and financial risks for OpenAI and Microsoft, especially regarding their enterprise software deals.
