Business
The Impact of Content Restrictions on AI Training Data
Explore how content restrictions shape AI training data, influencing model performance and ethical considerations. Understand the balance between innovation and compliance in the ever-evolving landscape of artificial intelligence.
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The Evolving Landscape of AI Training Data
For years, developers and researchers have relied on vast repositories of text, images, and videos sourced from the internet to train sophisticated artificial intelligence systems. However, a significant shift is occurring in this landscape. In recent times, many crucial online sources that have traditionally provided data for AI training have begun to impose restrictions on the use of their content.
A study released this week by the Data Provenance Initiative, a research group led by M.I.T., highlights this troubling trend. The researchers examined 14,000 web domains that are included in three widely utilized AI training datasets and identified what they term an “emerging crisis in consent.” This crisis arises as publishers and online platforms increasingly take measures to prevent their data from being harvested for AI purposes.
According to the findings, the researchers estimate that approximately 5 percent of the total data and an alarming 25 percent of the data from the highest-quality sources within these datasets—specifically C4, RefinedWeb, and Dolma—are now restricted. These limitations are implemented through the Robots Exclusion Protocol, a method that has been in place for decades, allowing website owners to block automated bots from crawling their content via a file known as robots.txt.
Moreover, the study revealed that as much as 45 percent of the data in the C4 dataset is now constrained by the terms of service imposed by various websites. Shayne Longpre, the lead author of the study, expressed concern about the implications of these changes: “We’re witnessing a rapid decline in consent to use data across the web that will have ramifications not just for AI companies, but for researchers, academics, and noncommercial entities.”
As the landscape for AI training data continues to evolve, stakeholders across various sectors will need to grapple with these new realities and adapt to the challenges posed by restricted access to valuable online content.
Business
Libre Expands Tokenized Financial Assets on NEAR Blockchain
Discover how Libre is expanding tokenized financial assets on the NEAR blockchain, revolutionizing asset management and investment opportunities with cutting-edge technology and enhanced security for users.
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Libre, an innovative startup dedicated to the tokenization of financial assets, has partnered with notable institutions such as Nomura’s Laser Digital, Brevan Howard’s WebN group, and the private markets powerhouse Hamilton Lane. This collaboration aims to introduce a range of digitized funds on the NEAR blockchain, thereby facilitating the transfer of tokenized real-world assets (RWAs) across various blockchain platforms.
As announced by Libre on Monday, users of the NEAR protocol will gain access to several significant financial products, including a Hamilton Lane credit fund, the Brevan Howard Master Fund, and the Blackrock ICS Money Market Fund. This announcement comes as the startup proudly reports that it has surpassed the impressive milestone of $100 million in assets under management since going live just four months ago.
The emergence of blockchain-based versions of financial assets has garnered considerable interest among institutional players keen on exploring opportunities within the crypto landscape. The addition of RWA funds to the NEAR blockchain is a pivotal aspect of Libre’s ambitious multichain strategy, harnessing the blockchain’s unique “Chain Signatures” feature. This functionality empowers users to conduct transactions on different ledgers without the complications typically associated with cross-chain bridges.
“Chain Signatures is an innovative tool that enables users to purchase assets on the NEAR blockchain and subsequently transfer and manage them across any other blockchain,” stated Libre CEO Avtar Sehra during a recent interview. This feature exemplifies Libre’s commitment to simplifying the asset management process in the rapidly evolving digital landscape.
Looking towards the end of the year, Libre has exciting plans in the pipeline. The company aims to introduce new features, including collateralized lending options and the secondary transfer of select assets, as revealed by Sehra. “We’re also gearing up to launch a new fund in collaboration with the Laser Digital team. This fund will be market-neutral and designed to operate across all networks simultaneously; it is expected to go live in October this year,” he added.
Business
Eve Hewson: From Rising Star to Prominent Actress
Explore the journey of Eve Hewson, from her early beginnings as a rising star to her emergence as a prominent actress. Discover her notable roles, personal insights, and the passion that drives her captivating performances.
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Discovering Eve Hewson: From Rising Star to Household Name
Eve Hewson is experiencing a moment of newfound recognition. The talented Irish actress, whose career began back in 2008, started to attract significant attention in 2014 with her captivating portrayal of a reserved young nurse in Steven Soderbergh’s period drama, The Knick. Her performance in this critically acclaimed series set the stage for her subsequent roles, but it was her chilling and emotionally complex turn in Netflix’s mini-series Behind Her Eyes in 2021 that truly had audiences buzzing and stopping her on the streets.
Her rise continued with Bad Sisters, a darkly comedic Irish drama that premiered in 2022 on Apple TV+. This show became a cultural phenomenon in Dublin, her hometown, where watch parties in local pubs turned her into a celebrated figure. In 2023, she garnered even more attention at the Sundance Film Festival, where the film Flora and Son, in which she stars in the title role, sold for a staggering $20 million to Apple TV, breaking records.
Despite her growing acclaim, Hewson, now 33, remains just outside the realm of household name status. This could change in the coming months, as she is set to star alongside Nicole Kidman and Liev Schreiber in the highly anticipated Netflix adaptation of Elin Hilderbrand’s novel The Perfect Couple, which premieres on September 5. Additionally, she will return for the second season of Bad Sisters on November 13, reprising her role as the youngest and most free-spirited sister, Becka Garvey. Recently, she wrapped filming a part in Noah Baumbach’s upcoming movie featuring George Clooney and Adam Sandler, and she is about to embark on a television pilot from Alec Berg, known for Barry, set in the thrilling world of Formula 1 racing.
In The Perfect Couple, Hewson plays a woman of modest means who is marrying into a wealthy family, a role that allows her to explore complex themes of class and ambition.
Hewson’s relationship with fame has always been intricate, particularly given her lineage; she is the daughter of Bono, the iconic frontman of U2 and a prominent global activist. The contrast between her father’s immense public presence and her own journey has made her acutely aware of the nuances of fame, leading her to navigate the industry with both caution and determination.
Business
WazirX Customers Face Uncertain Future Amid Major Hack and Restructuring
WazirX customers confront a turbulent future following a significant hack and ongoing restructuring. Explore the implications of these events on user security, trust, and the platform’s operations in the evolving cryptocurrency landscape.
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WazirX Customers Face Uncertain Future Following Major Hack
It appears increasingly unlikely that customers of WazirX will receive full compensation in cryptocurrency terms as the exchange navigates its restructuring process, according to legal advisers associated with the hacked Indian cryptocurrency platform. During a recent conference call, which featured WazirX co-founder Nischal Shetty, the advisers provided a sobering outlook on the situation.
According to George Gwee, a director at the restructuring firm Kroll, it is estimated that at least 43% of the funds that customers had deposited with WazirX may not be recoverable. In a more optimistic scenario, customers could potentially see a return of between 55% and 57% of their total funds.
On Tuesday, the Singapore High Court is set to deliberate on WazirX’s appeal for a six-month protection period that would allow the exchange to restructure its liabilities. This request was filed by Zettai Pte, a Singapore-incorporated entity, with its subsidiary Zanmai India managing the operations of the exchange. In light of the fact that the hack resulted in a loss of $234 million, which accounted for approximately 45% of the customer funds, WazirX has previously indicated that it may only be able to restore access to the remaining 55% of customer assets.
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