The A.I. Boom and the Spectre of 1929

The A.I. Boom and the Spectre of 1929

No two speculative booms are exactly alike, of course, but they share some common elements. Typically, there is great excitement among investors about new technology—in today’s case, A.I.—and its potential to boost profits for companies positioned to take advantage of it. In the twenties, commercial radio was a novel and revolutionary medium: tens of millions…

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Judge approves $1.5 billion settlement over AI company Anthropic's alleged use of pirated books

Judge approves $1.5 billion settlement over AI company Anthropic’s alleged use of pirated books

A federal judge on Thursday approved a $1.5 billion settlement between artificial intelligence company Anthropic and authors who allege nearly half a million books had been illegally pirated to train chatbots. U.S. District Judge William Alsup issued the preliminary approval in San Francisco federal court Thursday after the two sides worked to address his concerns…

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