🤖 Is the AI Boom Over? and $1 Billion Wiped from Crypto Market

Hey everybody!

We’re constantly testing, and today’s issue will highlight the stories from the weekend that you may have missed plus, we’re trying out a different format to cut through the clutter and get you the stories that matter most.

And don’t worry, we still have your AI images at the end!

Happy Monday. Let’s get it.

-Kevin

Is the AI Boom Already Over?
Governments are ramping up efforts to regulate the technology, creators are suing over IP and copyright violations, people are pushing back on privacy violations, and there are plenty of reasons to question how accurate AI-powered chatbots really.

$1 Billion Wiped Out of Crypto Market Amid Bitcoin, Eth Crash
The crypto market underwent a brutal crash during the late U.S. hours on Thursday and Friday slipping below the $1 trillion threshold.

AI-Created Art Isn’t Copyrightable, Judge Says in New Ruling
A federal judge on Friday upheld a finding from the U.S. Copyright Office that a piece of art created by AI is not open to protection, giving Hollywood Studios pause during the current writer’s strike

Elon Musk’s SpaceX Writes Down Bitcoin Worth $373 Million
SpaceX reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency.

X (aka Twitter) Will No Longer Let you Block Other Users
“Block is going to be deleted as a ‘feature’, except for DMs,” the tech mogul posted on X Friday. “Makes no sense.”

Ripple CTO Clarifies on SEC Appeal, Highlights Case Complexity
According to David Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet concluded.

Miners are Diversifying into Artificial Intelligence
Bitcoin (BTC) miners are moving into new business areas, including offering high performance computing (HPC) services to the fast growing artificial intelligence (AI) market, to reduce their dependence on crypto.

Artificial Intelligence Might Doom Us, But it’s Making Racing Games Better
racing game developers have started building their AI drivers using deep learning AI networks has totally disrupted that status quo. Polyphony’s Gran Turismo 7, Milestone’s MotoGP series and Turn 10’s Forza Motorsport all employ learning AI to make the competition smarter and the racing more unpredictable.

Midjourney: Which Living Room is Your Vibe?
From city to mountain retreat, which AI-generated living room is your favorite? (1/7)

Midjourney: Average Woman From Planets of the Solar System
How AI sees the average woman from each of the 8 planets. Neptune is sad AF. (6/8)

Midjourney: Celebrity Mortal Kombat III (now a real game)

Bill Gates, Nancy Pelosi, Napoleon, Muhammad Ali, John Lennon and and 28 others.

That’s a Wrap

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