Money

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

Published

1 year 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.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending