🤓 Will Silicon Valley Destroy Humanity (Probably) and AI Celeb Deepfake Creator Makes Good

Good Morning from the Promptbox Team

Two senators break from Gensler’s tyrannical grip and opine that the Stoner Cats NFT Collection is not a security, comparing it to their 1970’s Star Wars toys - because that was the last time they collected something. And an in-depth, somewhat balanced view of whether or not AI will kill us all.

Plus, Pika Labs sets to dethrone Runway Gen 2 as the next, best, text-to-image platform. Check out the video at the bottom, and let us know what you think.

Happy Thursday let’s get it.
Kevin

As Silicon Valley powers ahead building ever-more advanced AI, dismissing calls for caution, many experts continue sounding alarms about a looming existential catastrophe.

This think piece explores the clashing perspectives on AI's trajectory, from evangelists like Marc Andreessen envisioning an "AI-powered utopia" to researchers like Eliezer Yudkowsky foreseeing "humanity's endgame".

It exposes the possible reckless pursuit of human-level AI, profiling figures like Larry Page who see AI displacing humanity as "evolution's logical next step".

At it’s current breakneck pace, just one coding error could prove cataclysmic for humankind… but probably not.

So what's your view? Should we **unleash AI with no restraints**, or bury this technology under mountains of government regulation?

Check out the rest of the think piece here.

Big Story: Two SEC Commissioners disagree with Gensler on charging Stoner Cats Project with selling unregistered securities. Liken it to ‘Star Wars Mania’ in 70s. (Read More)

• Indian engineer loses over $120,000 in crypto romance scam. Well, well, well. (Read More)
  
  

• Bitcoin onchain data show bullish undercurrents as alts continue to bleed. (Read More)
  
  

• Su Zhu and Kyle Davies, disgraced founders of collapsed crypto hedge fund Three Arrows Capital (3AC) were banned by the Singapore Government from market participation in the country for nine years. (Read More)
  
  

• Ralph Lauren, Burberry alum launch digital fashion platform SYKY, which will offer both digital and physical fashion items. (Read More)
  
  

• Bitcoin ignores CPI data, FTX dumping fears, as price hits September high. (Read More)
  
  

• Friend.tech and how it became the fastest growing social dApp. (Read More)

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Promptbox’s Top Trending AI Stories:

GENERAL

Tech CEO’s swarmed Capitol Hill yesterday to speak with senators about AI, as lawmakers consider how to craft rules and restrictions for the emerging tech.
According to Elon Musk, it’s a meeting that “may go down in history as being very important for the future of civilization.” (Read more)

Amazon debuted a new intelligence tool yesterday for sellers that helps them generate copy for their product pages. Announced at Amazon Accelerate, it’s just the ‘tip of the iceberg’ for what they have planned.
With only a few keywords the tool will create product titles, bullet points and descriptions leading to better buyer-intent optimized sales pages. (Read More)

INVESTMENT

Kasikornbank, or KBank, one of Thailand’s largest private banks, launched a flagship fund to invest in AI. The fund, named KXVC, will target AI, Web3 and Deep Tech starts up with a focus on the Asia-Pacific region.
The investment creates a $100M AI-fund that benefits consumer-focused AI, cybersecurity and problem-specific startups. (Read more)

Ernst & Young, one of the Big Four global professional service providers, pushed by an early partnership with Microsoft, announced the development of a new AI-powered platform for its clients.
With a $1.4 billion investment into its EY.ai platform it hopes to help organizations adopt AI. (Read More)

ENTERTAINMENT

Metaphysic, which made its name by creating convincing deepfake videos of celebrities launched a tool this morning that aims to help performers and artists secure rights to their own images.
The product, Metaphysic Pro, allows users to create an AI likeness of themselves and register their copyright with the U.S. Copyright Office. (Read More)

MILITARY

Germany has invested millions into an AI virtual training area, dubbed a ‘military metaverse,’ where developers can test out different weapons and systems in a risk-free environment.
The simulations can create ‘unpredictable, human-like decision making’ conditions creating a superior outcome at strategic, tactical and operational levels. (Read More)

HEALTH

Scientists have developed an AI tool capable of diagnosing and predicting the risk of multiple health conditions - from ocular diseases to Parkinson's
A person’s retina can now offer a window into their overall health because it’s the only part of the internal body that can be observed directly. (Read More)

8-Bit Food
Collection of 8
87 Comments

100% AI-generated Romance Novel 
Pika Labs is looking to take on Runway Gen 2 as the next ‘go-to’ tool for
text-to-video generation
26 Comments

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