🦎👑 Gensler Says AI Will Cause Next Financial Crash and Google's AI Search Just Leveled Up &

Good Morning from the Promptbox Team!

Lizard King Gary Gensler managed to take time away from losing every SEC case he’s brought against crypto companies/investors to forecast a massive economic collapse caused by AI.

When the government is specifically telling you not to use crypto and AI, it’s time to use crypto and AI.

Plus, learn how to create sellable children’s books with this new AI tool that has over 600 votes!

Happy Monday. Let's get it.

- Kevin

Google continues to push the boundaries of AI innovation. Their latest? The Search Generative Experience (SGE) now lets users generate images directly from text prompts, stepping up the competition with Microsoft's Bing Chat.

Key Facts:

• Google’s SGE: Can now craft images directly from text inputs, leveraging their advanced Imagen family of AI models.

• Responsible Rollout: Google emphasizes a careful and responsible deployment, ensuring that generated images adhere to their prohibited use policy.

• Written Drafts Too: Alongside images, SGE will also be able to produce written drafts directly from search queries, which users can then export to Google Docs or Gmail.

While Google has been at the forefront of AI for years, this update to their Search Generative Experience signals an exciting pivot towards more interactive and personalized user experiences.

As tech giants race to harness AI's vast potential, it's clear that the boundaries of search are being redefined.

Curious about what this means for the future of online search and creativity?

Check out the full story below.

Big Story: Bitcoin Gains Spark Bullish Call of ‘$15T Asset’ as Depression Phase Begins.

• GameFi token BIGTIME rallies 250% in first week; Analysts worried about supply concerns.
  
  

• Uniswap pools may soon include a KYC check.
  
  

• California ‘BitLicense’ bill signed by Gov. Newsom.
  
  

• GBTC discount hits lowest level since 2021 as SEC elects not to appeal Grayscale ruling.
  
  

• This Ethereum trading signal has not been seen this low since 2018.
  
  

• FTX liquidators stake $150M in Ethereum and Solana tokens during weekend.
  
  

• Ferrari to start accepting crypto payments in US.

  
  
  
  

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Promptbox’s Top Trending AI Stories:

AMONG US
ChatGPT was designed to generate digital text, but when a team of researchers at Nvidia got their hands on the chatbot’s underlying technology, they realized it could do a lot more.
Within weeks, they taught it to play Minecraft, one of the world’s most popular video games. Inside Minecraft’s digital universe, it learned to swim, gather plants, hunt pigs, mine gold and build houses - and that’s not all.

PROFIT OF DOOM
Gary Gensler says that it’s "nearly unavoidable" that AI will cause a financial crash as soon as the late 2020s or early 2030s.
"I do think we will in the future have a financial crisis . . .[and] in the after action reports people will say 'Aha! There was either one data aggregator or one model . . . we've relied on.' Maybe it's in the mortgage market. Maybe it's in some sector of the equity market," he said. (Editors Note: This is Gibberish)

CREATIVITY UNLOCKED
Creative Force, providing an AI-powered content operations workflow for large e-commerce retailers and brands, secured $8.9 million in Series A funding, on a post-money valuation of $56 million.
The Denmark-based company, founded in 2019, helps retailers and brands create content for marketing campaigns and online merchandising. Its platform enables production of the content at scale, increasing efficiency by up to 30%.

CHIP BLOCKED
The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions.
The Biden administration has said it designed the export curbs to keep U.S. chips and equipment from strengthening China's military. Beijing has accused the United States of abusing export controls to suppress Chinese companies. The restrictions marked a historic shift in U.S.-China tech policy.

Name This Sidekick
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Peter Peter Pumpkin Eater
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Spiderman Directed by Martin Scorsese
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Breaking Bad But in Japan
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