😬 Is Instagram Building You an AI 'Friend'?

Good Morning from the Promptbox Team!

We have an easy-peasy read for you today so settle down and grab some AI and Web3 news.

(I’m in an active trade so this is all I got today)

It’s Thursday. Let’s get it.

TODAY’S UNBOXING

• READ: Instagram is Building You a Friend

• BIG STORY: Is a ‘Santa Rally’ Coming for Crypto?

• SEC Serves PayPal + other Web3 and crypto stories

• 5 Trending AI Tools so you don’t get left behind

• 4 AI Top Stories to keep you in the loop

• Midjourney: Copypasta (is it racist?) and Halloween Spleen

The lines between human interaction and machine communication are becoming increasingly blurred and Instagram is pushing that line further.

Following Meta's recent introduction of AI influencers, the photo-sharing platform is rumored to be venturing into an ambitious project: offering users the ability to craft their very own customizable AI companions.

These artificial friends are expected to offer a unique blend of personalization, from appearance and demeanor to interests and communication style.

Key Points:

• Code expert Alessandro Paluzzi discovered evidence of Instagram's venture into AI, suggesting that users might soon have the capability to customize an AI entity with choices related to race, gender, age, and personality.

  
  

• These AI personalities have a range, from reserved and creative to witty and empowering, which will influence the AI's tone of speech. Further personalization options encompass particular interests, a unique name, and an avatar generated through image creation AI.
  
  

• Despite the novelty, the use of AI as a pseudo-buddy or a logical resource for users has received mixed reactions in the tech world. Notably, the peer-to-peer mental health app, Koko, trialed an AI-as-counselor for 4,000 users. The Koko Bot, powered by OpenAI’s ChatGPT3, facilitated counselors in generating responses. Although it received some positive feedback, the project was eventually discontinued after the AI-chat felt impersonal, leading to significant public criticism.
  
  

• While Instagram's upcoming AI does not intend to act as a therapist, concerns arise that some users might lean on it as a personal and emotional resource.

Instagram's customizable AI chatbot venture follows Meta's broader shift towards AI-centric innovations. With recent introductions like AI influencers and AI-generated stickers on various platforms, Meta's emphasis on AI is evident.

However, the reception and practicality of such technologies remain to be seen, especially given past controversies in the AI-as-companion space.

Take a look at the full story below.

‘Santa Rally’ Could Propel Bitcoin to $56k by Year-End

“If bitcoin is up at least +100% by this time of the year, then there is a +71% chance or five in seven that bitcoin would finish the year higher with average year-end rallies of +65%."

• Bitcoin whale addresses activate after six-year hibernation to move $230M
  
  

• MicroStrategy buys more Bitcoin as Q3 loss widens
  
  

• Hong Kong issues rules for asset tokenization as interest mounts
  
  

• SEC served PayPal subpoena ‘relating’ to firm’s stablecoin
  
  

• Solana SOL token value growns by more than 330% YTD to 14-month high
  
  

• Swiss National Bank to work with SIX Digital Exchange, 6 banks on CBDC pilot
  
  

• Tether issues $610M debt financing to Bitcoin miner Northern Data
  
  

• Ripple’s legal chief questions SEC case losses under Gensler
  
  

• Trader exploits Multichain opening to turn $280k to $1.9M; community suspects an insider
  
  

  
  
  
  

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Docus AI - Diagnose fast with AI, verify with top human doctors (609 votes)

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Promptbox’s Top Trending AI Stories:

STOLEN IDENTITY
Johansson has taken legal action after her likeness appeared in a 22-second ad posted on X/Twitter by an artificial intelligence image-generating app called Lisa AI: 90s Yearbook & Avatar.
In the ad Johansson says, “What’s up guys? It’s Scarlett and I want you to come with me…” before a graphic covers her mouth and the screen transitions into AI-generated photos that resemble the actor. A fake voice imitating Johansson then continues speaking, promoting the AI app

CONFIDENCE GAP
In the UK, just 24% of the workforce across the Stem sectors are female, and as a consequence women may feel less confident using AI tools
"Women are already discredited, and have their ideas taken by men and passed off as their own, so having people knowing that you use an AI might also play into that narrative that you're not qualified enough. It's just another thing that's debasing your skills, your competence, your value."

COMIC RELIEF
Dashtoon, a San Francisco and London-based startup announced today it has raised $5 million in seed funding led by Matrix Partners India and Stellaris Venture Partners with participation from angel investors.
The project wants to make anyone with a story to tell into a comic-artist, even if they can’t draw. It provides aspiring comics creator with a suite of generative AI tools, and a publishing platform that releases new episodes daily for impatient readers.

FACE OFF
Nic Cage, no stranger to having his image used, often stripped almost completely of context, to promote a film considers AI a ‘nightmare,’ and specifically discusses his cameo in The Flash.
“It was CGI, OK, so that they could de-age me, and I’m fighting a spider. I didn’t do any of that, so I don’t know what happened there.”

Copypasta
160 Comments
Top Comment: Disregard women, acquire currency

Halloween Spleen
Posted by u/Bart-So

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