Money

Artists raise alarm bells over Lensa’s use of artificial intelligence

Published

2 years ago

December 12, 2022

ticker NEWS

Artificial intelligence is turning portraits into creative works through the latest online trend

Lensa is using artificial intelligence to create striking self-portraits.

Once a user submits an image of themselves, the app uses a library of images to render new ‘Magical Avatars’.

Lensa recommends users submit up to 20 images for the most accurate results.

Users are encouraged to submit close up images, which include a variety of facial features.

The app offers a yearlong subscription and some editing features for $35.99.

The so-called ‘Magic Avatars’ require an additional fee but some users can opt-in for a free trial.

Lensa has attracted some concerns by Australian artists, who believe the app is taking their works.

The artists said the app is in violation of copyright laws.

But the parent company behind the app, Prisma has defended its use of images.

“As soon as the avatars are generated, the user’s photos and the associated model are erased permanently from our servers,” the company said.

The AI image generator has been a trending theme on TikTok and Instagram.

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

6 hours ago

September 9, 2024

ticker NEWS

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

9 hours ago

September 9, 2024

ticker NEWS

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

Leaders

Trump promises to slap unprecedented tariffs on foreign allies

Published

11 hours ago

September 9, 2024

ticker NEWS

Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending