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Image source, Michael ForbesLegend, Michael Forbes painted part of a work featuring Taylor Swift Item informationAuthor, Steven McKenzieRole, BBC Reporter for the Highlands and Islands of Scotland7 hours agoA Scottish artist has painted over some of his works in protest against what he sees as the negative impacts of artificial intelligence (AI) on art.Fans of Black Isle-based pop artist Michael Forbes include singer Madonna, Monty Python’s Terry Gilliam and comedian Ricky Gervais.He said AI was saturating the internet with images and also exploiting the work of artists to create new images without any recognition of the source material.Forbes, who has…

THE Federal Reserve studies the possible effects of generative artificial intelligence (AI) on productivity and inflation And the labor market, Fed chairman Jerome Powell said Tuesday (July 2nd). Speaking at a panel discussion at the European Central BankAt the Central Banking Forum in Portugal, Powell said the massive investments being made in AI suggest “a sense that something big is happening here,” Seeking Alpha reported Tuesday. It is too early to say whether the adoption of This technology will eliminate jobs, increase existing jobs jobs or create new ones, Powell said, according to the report. “There’s not much a central…

The special counsel Jack Smith plans to pursue his two criminal cases against former President Donald J. Trump through the election and even up until Inauguration Day if Mr. Trump wins the presidential race, according to a person familiar with Mr. Smith’s thinking.Mr. Smith believes that under Justice Department regulations, his mandate as special counsel and his authority to keep the cases going do not depend on a change of administration and extend until he is formally removed from his post, the person said.As a practical matter, that means that the special counsel’s office is prepared to push forward for…

Artificial Intelligence (AI)-Based Video Startup Track is seeking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, according to Reuters reported Tuesday (July 2) paywalled article by The Information, which cites anonymous sources. Runway did not immediately respond to PYMNTS’ request for comment. The company offers software that generates videos from text messages or images, according to the Reuters report. In June 2023, Runway raised a total of $141 million from Google and Nvidia And other investors and was valued at $1.5 billion, the report said. When announcing this fundraising in a…

NEWPORT BEACH, Calif. (KABC) — A 69-year-old woman was killed after an attempted robbery Tuesday afternoon at Fashion Island in Newport Beach, police said.Officers responded to the area near Barnes Librairie & Noble around 3:30 p.m.According to the Newport Beach Police Department, the woman and her husband were walking when two suspects suddenly approached them.The suspects attempted to rob the couple and a fight broke out, police said. The suspects then attempted to flee in a white Toyota Camry.“One of the suspects fled the scene as the vehicle was fleeing and struck the victim, a female,” said Steve Oberon, Newport…

Washington CNN — Democratic Rep. Lloyd Doggett of Texas on Tuesday became the first sitting Democratic member of Congress to call on President Joe Biden to drop out of the presidential race, a significant moment for the Democratic Party as Doggett said publicly what many elected officials had privately speculated. “I represent the heart of a congressional district once represented by Lyndon Johnson. Under very different circumstances, he made the painful decision to step down,” Doggett said in his statement. “President Biden should do the same.” Doggett’s statement adds to the pressure on the president and his team as they…

RENO, Nevada — A new $21 million investment aims to make Reno a global leader in the lithium-ion battery industry.Reno will be home to one of the nation’s 12 major technology hubs, funded by the Biden administration’s Creating Incentives for Semiconductor Manufacturing and Science (CHIPS) Act, which creates U.S. manufacturing jobs specifically to advance science and technology. U.S. Commerce Secretary Gina Raimondo and U.S. Senator Jacky Rosen toured the plant on Tuesday, which will help make the country a leader in lithium battery production. According to Rosen, about 400 applicants applied for the tech hub designation, and only 12 innovation…

FRESNO, Calif. (KFSN) — With this heat wave, the risk of heat-related illnesses increases.Health officials said they have already seen several heat-related cases at Fresno County hospitals.That’s why they urge you not only to stay hydrated, but also to recognize the signs of heat-related illness.RELATED: Central Valley to experience excessive heat starting in JulyUnder the hot Central California sun, families gathered at the splash pad at Fig Garden Loop Park in northwest Fresno to try to beat the heat.“We need to calm down,” said Yolanda Gomez of Fresno. “The kids need to run around and get all that energy out.”Families…

Hurricane Beryl, unprecedented in its speed of strengthening, intensity and location for this time of year, strengthened into a Category 5 monster Monday night, becoming the strongest Atlantic storm ever observed in July.After making landfall Monday on the island of Carriacou in Grenada, the storm was tracking westward into the Caribbean. Beryl weakened to a Category 4 by Tuesday afternoon, with its maximum sustained winds decreasing from a peak of 165 to 155 mph. Further weakening is expected in the coming days, but the National Hurricane Center expects severe impacts from the storm in Jamaica on Wednesday, as well as…

President Joe Biden again acknowledged Tuesday that he didn’t have the “best debate night” in his matchup against presumptive Republican challenger Donald Trump, but said he felt “good about what’s happening” with his campaign.The president made the remarks at a fundraiser in McLean, Virginia, amid growing concern among leading Democrats about his reelection bid. The White House has attempted damage control over the past week, trying to allay voters’ fears about Biden’s age.He said Tuesday that his schedule before the debate “wasn’t very smart,” noting that he had traveled around the world “several times” before.“I decided to go around the…