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    • Microsoft and OpenAI face lawsuit over copyrighted works used to train AI systemsThe debate over copyright protection and fair use in AI is complex, with Microsoft and OpenAI arguing for access to publicly available information and copyright holders claiming illegal use of their works.

      The debate around copyright protection and fair use is becoming increasingly complex in the age of transformative technology, specifically AI. Microsoft CEO Satya Nadella discussed this issue in relation to a lawsuit against his company and OpenAI by The New York Times, as well as other organizations, over the use of copyrighted works to train AI systems. While AI companies argue that their systems should be able to access publicly available information like people do, copyright holders claim that their works were illegally used. The old copyright rules are no longer sufficient, and the courts and potentially Congress will need to decide on what constitutes fair use and what is in the public domain in this new context.

    • Use of Journalistic Content in AI Training without ConsentThe use of journalistic content in AI training raises ethical concerns and questions about ownership and compensation for creators.

      While there is a lot of debate around privacy and intellectual property on the Internet, a new concern has emerged regarding the use of public content, including journalistic work, in training large language models without consent or compensation. During a recent conversation, it was revealed that a small portion of Marketplace content from The New York Times had been used in such models. This raises questions about ownership and monetization of digital content, and the ethical implications of using it without permission. As journalists, our voices and work contribute significantly to these models, yet we may not see any financial gain from it. The challenge lies in proving the origin of the content and establishing a fair system for compensation. This issue underscores the importance of clear guidelines and regulations for the use of digital content in AI training.

    • Fed Chair Powell focuses on economic trends before considering interest rate decisionsThe Federal Reserve is prioritizing the decrease in inflation and economic improvements before making any decisions about interest rates, with Chair Powell emphasizing the need for consistent evidence of below-target inflation before considering a rate cut.

      The Federal Reserve, led by Chair Jay Powell, is focusing on the continuation of positive trends in the economy, particularly the decrease in inflation, before making any decisions regarding interest rates. Powell expressed a need for more evidence that inflation is consistently below the target rate before considering a rate cut. Meanwhile, NASA's Mars Exploration Program mourned the loss of Ingenuity, the first helicopter to fly on another planet, which suffered damage during its most recent flight and will not be able to fly again. Despite its untimely end, Ingenuity's contributions to scouting Mars terrain and helping the Perseverance rover navigate were significant.

    • Curiosity and preparation lead to unexpected experiencesBeing curious and well-prepared can lead to unexpected outcomes, even if they're not always pleasant.

      Curiosity and preparation can lead to unexpected experiences. In the first part of the discussion, the excitement over the successful Mars Helicopter Ingenuity's launch and longevity was shared. The speaker expressed a hopeful thought of one day recovering and preserving the helicopter. In the second part, Janet Yellen, the U.S. Secretary of the Treasury, shared a humorous story about her unsuccessful attempt to prepare for her first marijuana experience in college by trying to learn how to inhale cigarettes. Despite the unpleasant experience, she found the recent interview with Wait Wait fun and recommended it. The conversation also included an announcement about an upcoming economics livestream and a new cocktail contest project. Overall, the discussion highlighted the importance of being curious and well-prepared, even if the outcomes may not turn out as planned.

    • Learning about Money through the 'Million Bazillion' podcastThe 'Million Bazillion' podcast by Marketplace educates kids about complex money-related topics, answering questions like 'What is a college account?' and 'Why does the US have gold in Fort Knox?'

      The "Million Bazillion" podcast by Marketplace is an educational resource designed to help answer complex money-related questions for kids. Produced by a team including Drew Jostat, Ellen Rolfes, Filia Menchaca, Marissa Cabrera, Bridget Bodner, and Francesca Levy, the podcast provides explanations to questions like "What is a college account and how does it work?" and "Why does the US have so much gold in Fort Knox?" By tuning in, kids can gain a better understanding of how money functions in the world around them. To stay updated and access the poll for voting, sign up for the Marketplace newsletter by tonight at marketplace.org/newsletters.

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    Related Episodes

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    Josh’s Twitter: @RebelEconProf

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    #100: AI, Training, and the Copyright Debate: Unlocking the Legal Puzzle

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    Welcome to today's podcast episode where we dive into the riveting and complex world of AI, training, and copyright laws. Are we on the brink of a legal revolution, or standing on precarious ground? As artificial intelligence continues to reshape our lives, it also challenges the very foundations of our copyright system.

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    THERE IS NO SUCH THING AS "BIDENOMICS" / AND REPUBLICANS WHO SUPPORTED BIDEN IN 2020 ARE SUCKERS

    THERE IS NO SUCH THING AS "BIDENOMICS" / AND REPUBLICANS WHO SUPPORTED BIDEN IN 2020 ARE SUCKERS

    PODCAST CONTENT LINKS:

    There is no such thing as "Bidenomics".  Failure is nothing to brag about, but Biden does.: https://reason.com/2023/06/29/turns-out-bidenomics-means-top-down-economic-control/?utm_source=flipboard&utm_content=lodgeco%2Fmagazine%2FMichael+Lodge+-+The+Business+Advisor

    Federal Reserve says there is still a need to raise interest rates to get inflation under control:  https://www.thestreet.com/investing/stocks/fed-chair-powell-repeats-need-for-higher-rates-to-fight-inflation?utm_source=flipboard&utm_content=lodgeco%2Fmagazine%2FMichael+Lodge+-+The+Business+Advisor

    Republicans that supported Biden in 2020 are seen as "suckers":  https://www.washingtonexaminer.com/opinion/the-republicans-who-endorsed-biden-in-2020-were-suckers?utm_source=flipboard&utm_content=lodgeco%2Fmagazine%2FMichael+Lodge+-+The+Business+Advisor

    MORE BUSINESS STORIES:  https://flipboard.com/@lodgeco/michael-lodge-the-business-advisor-vt0agg1bz

    I love business questions, send your question to:  thebusinessadvisor@zmail.com

    Business coaching and advisory services.  Sit down confidentially with Michael Lodge and go over business issues that you have questions on.  Schedule an appointment online at:  http://www.lodge-co.com

    Books by Michael Lodge:  http://www.lodge-co.com/books.html