Friday, March 31, 2023

Is A.I. Art Stealing from Artists?

Is A.I. Art Stealing from Artists?

The New Yorker – According to the lawyer behind a new class-action suit, every image that a generative tool produces “is an infringing, derivative work.” By Kyle Chayka – “…Last month, McKernan joined a class-action lawsuit with two other artists, Sarah Andersen and Karla Ortiz, filed by the attorneys Matthew Butterick and Joseph Saveri, against Midjourney and two other A.I. imagery generators, Stable Diffusion and DreamUp….



Butterick and Saveri allege that what A.I. generators do falls short of transformative use. There is no transcending of the source material, just a mechanized “blending together,” Butterick said. “We’re not litigating image by image, we’re litigating the whole technique behind the system.” The litigators are not alone. Last week, Getty Images filed a lawsuit against Stable Diffusion alleging that the generator’s use of Getty stock photography amounts to “brazen infringement . . . on a staggering scale.” 

Whatever their legal strengths, such claims possess a certain moral weight. A.I. generators could not operate without the labor of humans like McKernan who unwittingly provide source material. As the technology critic and philosopher Jaron Lanier wrote in his 2013 book “Who Owns the Future?,” “Digital information is really just people in disguise.” 

(A spokesperson from Stability AI, the studio that developed Stable Diffusion, said in a statement that “the allegations in this suit represent a misunderstanding of how generative A.I. technology works and the law surrounding copyright,” but provided no further detail. Neither DeviantArt, which owns DreamUp, nor Midjourney responded to requests for comment.)”


The Verge: “The chatbots are out in force, but which is better and for what task? We’ve compared Google’s BardMicrosoft’s Bing, and OpenAI’s ChatGPT models with a range of questions spanning common requests from holiday tips to gaming advice to mortgage calculations. 

Naturally, this is far from an exhaustive rundown of these systems’ capabilities (AI language models are, in part, defined by their unknown skills — a quality dubbed “capability overhang” in the AI community) but it does give you some idea about these systems’ relative strengths and weaknesses.

 AI chatbots compared: Bard vs. Bing vs. ChatGPT The Verge

Musk Trump: Improverishment By Taxation

Your new tipple - the “Indictment Cocktail” : a White Russian beneath a thin orange skin & fake gold leaf garnish. I would say “bottoms up” but so don’t want to picture that! Thx to cocktail creator Karen Mcl, pal of


An open letter to Elon Musk: Leave stan Twitter alone Stans are Twitter's most prolific power users, and you should try to keep it that way.


Sydney man sentenced for defrauding the ATO of more than $3 million 

A Guildford man has been sentenced to one year and ten months imprisonment for defrauding the Australian Tax Office (ATO) of more than $3 million. ***Vision available via Hightail


#BreakingNews: A 43 year old fraudster sentenced to jail as part of Operation Bordelon. This is further success for the ATO-led Serious Financial Crime Taskforce #SFCT. Read our media release @ ato.gov.au/Media-centre/M @asicmedia @AusFedPolice


Trump as Political Al CAPONE


Martina Navratilova on Trump


The Pres.of European Central Bank was franked by Russian comedian pretending to be Zelensky According to Christine Lagarde the digital Euro is well on tract, and the goal is trace all transactions there will be control the people. If you exceed €1000 you will be in jail.

Christine Lagarde, President of the European Central Bank, acknowledges that central banks will lose control of the monetary system unless they move to the Central Bank Digital Currency



🗞️Bitcoin on display at the European Central Bank in Frankfurt.


🗞️Binance hid substantial links to China for several years, FT reports. 🗞️Gary Gensler to testify before congress over cryptocurrency regulation.


Four bankers found guilty of allowing cellist friend of Russian President Vladimir Putin to deposit huge sums in Swiss accounts without proper security

Bankers convicted of helping Putin's friend


Breaking: The White House condemned Russia's detention of WSJ reporter Evan Gershkovich, the first U.S. journalist held on allegations of spying since the Cold War


A fascinating story by@benoitfaucon on Russia’s Western-trained technocrats helping Putin’s government navigate sanctions. “He was critical of Russia’s political opening in the 1990s. ‘He wanted to make Russia great again,’ said another former colleague.”

Putin’s Secret weapon


Kleiman: Improverishment By Taxation

Commentary: If Twitter finally dies, where do we find the smart people?


Prank with the President of the European Central Bank Christine Lagarde 


“This increase is worrying, and continues a trend that started in 2017. If this does not stop, we will soon see an increase also in the total number of nuclear weapons in the world for the first time since the Cold War,” she said.

According to Reports, Number of Nuclear Warheads Have Increased in 2022


Jeffrey Epstein banks to face sex-trafficking caseBBC






Thursday, March 30, 2023

What Really Broke the Banks

 What Really Broke the Banks The Atlantic – “The Fed, among others, is blameworthy. But the ultimate culprit is COVID-19…After COVID-19 hit the U.S., bank deposits soared. The pandemic-relief measures—including stimulus payments, expanded unemployment insurance, and Paycheck Protection Program funds—put more money in people’s hands, even as consumer spending fell. At the same time, businesses cut back sharply on spending and investment. The result was a flood of money into the banking system. In 2020 alone, according to the Federal Deposit Insurance Corporation, bank deposits rose by 21.7 percent, the largest increase since the 1940s. The following year, deposits rose by another 10.7 percent. 

At the end of 2021, total bank deposits were an astonishing $4.4 trillion greater than they’d been just two years earlier…Banks, you might say, had been lulled into a false sense of security by years of low inflation and near-zero interest rates: They were operating on the assumption that, for many years to come, inflation would remain quiescent, and interest rates would stay low. 



Accordingly, banks made what now seems like an obviously foolish decision: taking hundreds of billions of dollars in deposits and putting them into long-term bonds yielding only a couple of percentage points. Now that inflation has returned and the Fed has jacked up interest rates, banks find themselves sitting on piles of bonds that are worth far less than they once were. As a result, their balance sheets are much weaker than they had previously appeared to be…”


Top Stories
San Diego: Six members of Romanian organized crime gang arrested; laundered jewelry stolen from elderly people in the area, also for theft of unemployment benefits; much money went back to Romania; losses at least $1.4 million
 
UK’s Which? reports survey on mass marketing fraud there

  • Nearly nine in 10 adult internet users have encountered content online which they believed to be a scam or fraud.
  • Nearly half of adult internet users have personally been drawn into engaging in an online scam or fraud, while four in 10 knew someone who had fallen victim.
  • A quarter of those who said they’d encountered online scams lost money as a result, with a fifth being scammed out of £1,000 or more.
  • Three in 10 experienced a potential scam or fraud via email, just under a quarter via social media and just under a fifth through websites and apps.

Brooklyn: New Jersey man pleads guilty to mass mail campaign claiming victims had won a prize or part of a legal settlement (they had not), took in $1.6 million; he did that while awaiting sentencing for another mass mail campaign claiming people had won and needed to pay $20 to claim winnings (no one won) that took in $50 million
 
Issue of the week, Recidivism by Fraudsters:  A fraud expert and regular reader noted the story above, and suggested that convicted confidence crime criminals (for example, people who do mass marketing fraud and who work in boiler rooms, commit mail fraud, or engage in on-line frauds such as romance scams) have a high rate of re-arrest and continue to be involved in fraud crimes.  
One study (by Weisburd & Waring, 2001) found that many criminals in street gangs tend to “age out” of criminal life, but that  “white collar” criminals have long careers and possibly learn more tricks and stay in the scam game. This study also found that 62% of those who commit the crimes of mail, credit, or false claims are re-arrested for another crime -- a high rate of recidivism. 
I’ve surely seen convicted scammers return to their ways after being convicted, and romance scammers often point to the absence of prior arrests in seeking lighter sentences. So:

  • Are scammers less likely to be caught and prosecuted?
  • Do they tend to get shorter sentences because they don’t have prior arrests?
  • And are they more likely to continue to engage in fraud after their jail time?
  • What other data bears on the recidivism rates for con criminals?

Let’s open this discussion up, and let me know what your experience is.

Fraud Studies: Here are links to the studies I’ve written for the Better Business Bureau: puppy fraudromance fraud; BEC fraudsweepstakes/lottery fraud,  tech support fraudromance fraud money mulescrooked movers, government impostersonline vehicle sale scamsrental fraud, gift cards,  free trial offer frauds,  job scams,  online shopping fraud, and crypto scams
 
Fraud News Around the world

Humor                                                                              

FTC and CFPB  

Virus Benefit Theft 

IRS and tax fraud

Ransomware

Data Breaches 

Bitcoin and cryptocurrency

ATM Skimming

Romance Fraud and Sextortion