Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Disney’s new A.I. taskforce and what it means for cinema

Published

on

Walt Disney has established a task force dedicated to the exploration of artificial intelligence’s applications across its entertainment conglomerate, even as the entertainment industry contends with concerns over AI’s impact on jobs.

The initiative, initiated earlier this year prior to the Hollywood writers’ strike, aims to both develop AI solutions internally and collaborate with startup partners, according to three sources speaking to Reuters.

Disney’s commitment to AI is evident through its 11 job vacancies actively seeking candidates proficient in artificial intelligence or machine learning.

These positions span various segments of the company, encompassing Walt Disney Studios, theme parks, engineering divisions like Walt Disney Imagineering, Disney-branded television, and the advertising unit aiming to establish an AI-driven ad system.

Escalating production costs

The adoption of AI is viewed as a strategy to manage escalating production costs in the film and television industry, where budgets can soar to $300 million for major releases.

AI has the potential to enhance customer experiences in Disney’s parks, possibly providing advanced customer support and unique interactions, according to sources familiar with the matter.

Projects like “Project Kiwi,” which employed machine learning techniques to create a robot mimicking the movements and personality of the “Guardians of the Galaxy” character Baby Groot, underscore the possibilities.

Amidst the Hollywood landscape, AI has become a contentious topic, sparking concerns among writers and actors about its impact on employment opportunities.

This issue plays a central role in ongoing contract negotiations between the Screen Actors Guild, the Writers Guild of America, and the industry stakeholders.

Continue Reading

News

Trump proposes $100,000 H-1B visa fee increase

Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system

Published

on

Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system

video
play-sharp-fill
In Short:
– Trump announced a $100,000 fee for H-1B visas and a $1 million residency gold card to boost American hiring.
– Critics argue increased fees may limit smaller firms’ access to foreign talent, impacting U.S. tech innovation.
President Trump announced significant changes to the U.S. immigration system, introducing a new $100,000 fee for H-1B visas and a $1 million “gold card” for residency.
The move aims to increase revenue and promote the hiring of American workers, claiming that many tech companies exploit the current system.The fee increase targets H-1B visa applications, which traditionally have low entry costs.

Trump stated the initiative aims to bring in highly skilled individuals rather than those crossing the borders illegally. A gold card requiring a $1 million payment will expedite visa processing, with a reduced availability compared to existing green card categories.

Banner

The new programme could alter the competitive landscape for U.S. tech companies, which historically depend on H-1B visas to access foreign talent.

Critics warn that the increased fees may deter smaller firms from utilising these visas, potentially hindering U.S. progress in tech sectors like artificial intelligence.

Visa Impact

Debate persists within Trump’s administration regarding the new policy’s implications. Supporters argue it protects American jobs, while opponents contend it restricts access to global talent crucial for innovation.

The H-1B visa programme, established in 1990, remains vital for skilled foreign workers seeking residency in the U.S., yet faces growing scrutiny.


Download the Ticker app

Continue Reading

News

Fourth death confirmed due to Optus outage issues

Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade

Published

on

Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade

video
play-sharp-fill
In Short:
– A fourth death is confirmed due to an Optus network failure affecting emergency calls for 13 hours.
– Optus CEO announced an investigation after communication failures and criticism from politicians and emergency services.
A fourth death has been confirmed following an Optus network failure that prevented emergency calls to Triple Zero for 13 hours.
Initially, Optus reported three fatalities, including an infant and two elderly individuals from South Australia and Western Australia. The latest victim is a 49-year-old man from Perth.Optus CEO Stephen Rue expressed deep sorrow over the incident and announced a full investigation into the network update that caused the outage.

He stated that approximately 600 calls to emergency services were disrupted, impacting residents across South Australia, Western Australia, and the Northern Territory.

Banner

Rue confirmed that the outage stemmed from a problematic firewall upgrade and revealed details of communication failures within the company. Politicians and emergency services expressed anger at the lack of timely information during the crisis.

System Failure

South Australian Premier Peter Malinauskas criticised Optus for their incompetence in handling the situation.

The federal communications minister also condemned the company, highlighting that such failures are unacceptable.

The incident follows a previous outage for which Optus was fined $12 million, raising serious concerns about their emergency service handling.


Download the Ticker app

Continue Reading

News

Israel launches its new “Iron Beam” laser system

Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.

Published

on

Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.


Israel’s Defence Ministry says its new “Iron Beam” laser system will be deployed by year’s end. The technology is designed to destroy incoming missiles, rockets, drones and mortars with precision.

Developed by Rafael Advanced Defense Systems in partnership with Elbit Systems, Iron Beam will sit alongside existing defences such as Iron Dome, David’s Sling and Arrow. Unlike traditional interceptors which can cost tens of thousands of dollars per shot, the laser comes at negligible expense.

Officials call it the world’s first high-power laser interception system to achieve operational maturity, hailing it as a game-changer for modern warfare. Military leaders expect the system to reshape air defence capabilities and cut costs dramatically.

#Israel #Defence #LaserWeapons #TickerNews


Download the Ticker app

Continue Reading

Trending Now