AI Bubble About To Pop

Court rules you can't copyright AI art                                                                                                                                                                                                                                                                                                                                                                                                                 August 21, 2023 | [Read Online]( Dawn Report August 21, 2023 Turns out you can’t copyright AI… so what does that mean for movies? Or original content? Or any of the sweeping innovations that were supposed to accompany this technology? Look, let’s be honest. The stock market’s strength has surprised many analysts, and AI has been at the center of this. Stocks like Nvidia (NVDA) have been on a tear… because AI really could change everything. Yet if art can’t be copyrighted, a lot of the potential financial gain is removed. And the technology just isn’t there for this technology to be seamlessly integrated with existing industries. And, c’mon… we’ve all used ChatGPT. Yeah, it’s fun once in a while… but it makes a lot of mistakes. Really simple stuff. Not just missing trivia, but even mathematical errors… and apparently, its performance has been degrading with time. Is that something you are really going to trust with an important project? I don’t think so. What happens if the AI bubble bursts? Well, combined with a struggling Chinese market, high mortgage rates, and potentially another interest rate hike, it could get ugly. Stay connected, get ready to secure your existing gains… and prepare yourself to leap into the next buying opportunity. Get What’s Yours, Jeff Bishop WORD ON THE STREET - Disney Countersues DeSantis - Florida Governor Ron DeSantis, whose bid for the White House is faltering, has tried to back off from his feud with Disney, saying it was time to “move on.” However, scenting blood, Big Mouse [hit](the governor’s Central Florida Tourism Oversight District with a suit, alleging breach of contract and seeking damages. - Bidding War For Yellow Trucking - Old Dominion Freight Line has [bid]($1.5 billion for Yellow Trucking’s North American holdings. That’s $200 million more than Estes Express Lines - and raises the prospect of a full-scale bidding war. - Cybertruck On Glacier In Iceland - Promotion incoming… a Tesla Cybertruck was spotted on a glacier in Iceland. If we eliminate the possibility that someone just got lost out there, which seems reasonable, we can assume it is filming for a new ad. Production has reportedly begun, though the Cybertruck still has some regulatory hurdles to overcome. - Starbucks Pays Extra In Reverse Racism Suit - Remember when there was that huge media controversy a few years ago when Starbucks got in trouble for not serving two African-Americans who allegedly didn’t buy anything? Well, it [gets worse]( for Starbucks. The company allegedly fired a white worker, even though she claimed she wasn’t even at the store that day. She claimed it was because she was white - and now, on top of winning $25.6 million in a wrongful termination suit, she gets about $2.7 million in back pay and damages. That’s a lot of coffee. HOT SPOTS: What's Going on in Geopolitics - Bank Of China Disappoints Observers - It wasn’t enough for analysts hoping for more stimulus policy from the Chinese government. China’s central bank only [cut](its one-year loan prime rate and left the five-year rate untouched. Translation - the Chinese government is being cautious even as growth falls. - Russian Lunar Mission Ends With A Crash - The Luna-25 spacecraft crashed into the Moon, dooming the quest to be the first to land on the south pole. Roscosmos claims there was an “abnormal situation” on Saturday - Russia’s first moon mission since 1976 has [ended](in failure. At least there was no one aboard. - Chinese President Visits South Africa - Chinese president Xi Jinping [visited](South Africa, aiming to build up the BRICS economic group into a real alliance. China, along with Russia, is positioning itself as a champion of the Global South. However, major economic problems, as well as conflicts with India, make the trip seem less than triumphal. CUTTING EDGE: What['](s Happening In Tech - X Ending Blocks - Twitter/X is in chaos (so what else is new) after Elon Musk announced that the “block” feature would soon be ended. Competitor Bluesky almost [crashed](as users fled to look for a new platform. Musk’s move is likely prompted by the need to protect access to advertisers - which many users have been blocking. - Microsoft Lists Food Bank As Tourist Destination - I know it’s tough out there but this is ridiculous. A Microsoft travel guide for Ottawa, Canada that built up content with “algorithmic techniques with human review” listed a food bank as a tourist destination. The catch came from [The Verge](, which has been critical of AI journalism. - AI Art CAN’T Be Copyrighted - Well, so much for stock images. US District Judge Beryl Howell [ruled](that copyright law doesn’t protect “works generated by new forms of technology operating absent any guiding hand.” In other words, AI art isn’t getting copyright protection anytime soon. FOR YOUR CONSIDERATION “We’ve all had our fun, but it’s time to secure the bag.” Mr. X provides a quick update on Nvidia (NVDA), the superstar of the RID Legacy Portfolio. And he says that party’s over and it is time to cash in. [TAKE THE MONEY AND RUN]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. 1012821 Update your email preferences or unsubscribe [here]( © Dawnreport 62 Calef Hwy. #233 Lee, NH 03861, United States