1. Luxury Stocks Are Going Out of Fashion. It’s the China Syndrome. Luxury stocks are at risk from China’s slowdown after riding high for months on optimism that the rich would return in force to shopping in the world’s second-largest economy and to traveling abroad to browse in the finest stores. – Read More on Barron’s
2. UK publishers urge Rishi Sunak to safeguard intellectual property from AI. The Publishers Association (PA) urged the prime minister to ensure that “UK intellectual property law … be respected when any content is ingested by AI systems and a license obtained in advance”. – Read More on the FT
3. A.I.’s un-learning problem: Researchers say it’s virtually impossible to make an A.I. model ‘forget’ the things it learns from private user data. It’s nearly impossible to remove a user’s data from a trained A.I. model without resetting the model and forfeiting the extensive money and effort put into training it. – Read More on Yahoo
4. RELATED READ: Using Generative AI in Europe? How to Mitigate Legal Risks. Data privacy is a critical issue when training, developing, and using AI tools. Generative AI models carry high risks because of the vast amount of data used to train them. – Read More on TFL
5. Companies Will Use Generative AI. But Will They Tell You About It? Companies have been looking to generative AI for a range of customer-facing applications, including generating ad slogans, crafting news releases, producing billboard images, and helping to brainstorm new names for products and services, as well as things like planning photo shoots or summarizing customer product reviews. – Read More on the WSJ
6. Two sides of the same coin: analyzing the recent Ripple and Terraform decisions. In July 2023, two federal district court judges in the Southern District of New York issued rulings that touched on a crucial question for the digital asset space — whether secondary market digital asset sales through trading platforms constitute securities transactions subject to the federal securities laws. – Read More on Reuters