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

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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.

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A British digital currency “later this decade”

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The Bank of England and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency later this decade.

“On the basis of our work to date, the Bank of England and HM Treasury judge that it is likely a digital pound will be needed in the future,” the Telegraph quoted BoE Governor Andrew Bailey and finance minister Jeremy Hunt as saying in the joint report.

“It is too early to commit to build the infrastructure for one, but we are convinced that further preparatory work is justified,” the Telegraph quoted the report saying.

The BoE declined to comment on the Telegraph article, but said a joint consultation on CBDC issues would be published shortly.

A government source said the report would be published next week.

BoE Deputy Governor Jon Cunliffe is due to give a speech on Tuesday to update the finance industry on the BoE’s CBDC work.

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Disney’s Drama

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What’s going on at Disney and why is the world’s largest entertainment company in trouble?

 
Dreams are a wish your heart makes, or at Disney, dreams are having a tough time of coming true.

After decades of turning children’s dreams into fantasies, the mouse-house is facing a crisis of leadership.

This Ticker Original looks at how the Walt Disney Company got here, and what happens next. #disney #bob iger

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Business

The Tech Market Crash

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Since the Global Financial Crisis, tech companies have been riding high and making billions, so what happened?

 
It’s been a shocking year for tech companies. Riding high off the back of the pandemic, reality suddenly hit.

Across Silicon Valley, and spreading to Wall Street, the once darlings of the Nasdaq were suddenly hit hard.

So what happened, and where to from here?

This Ticker Original investigates. #snapchat #apple #tech stocks #nasdaq

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