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Stars from Hollywood's golden age are being reborn through celebrity estate AI voice cloning deals, a sign of how some of the "Wild West" concerns about unauthorized AI impersonation are being addressed by new business models. Safeguards include active moderation of content, accountability enforceable with bans, and special provisions for safeguarding the impact of AI voice on the 2024 election. Among the current generation of actors, there remains significant anxiety surrounding the use of AI in generating voice content. Voice actors for video games have raised concerns, and last year's film and television strike had significant roots in anxieties over the use of AI. AI voice licensing could alleviate workload for voice actors, he added, without supplanting them, as they "intercede in the process by focusing on offering correction or enhancement to ineffable aspects such as intonation, warmth, and emphasis, which still present challenges."

Persons: Burt Reynolds, Andreessen Horowitz, Judy Garland, James Dean, Sir Laurence Olivier, ElevenLabs, Sam Sklar, Scarlett Johansson, " Sklar, Frito, Tom Waits soundalike, Waits, Lovo, Steve Cohen, Pollock, Cohen, Bette Davis, Sklar, Nauman Dawalatabad, Dawalatabad, Michele Cobb Organizations: Golden Globe, Beverly Hilton Hotel, Sequoia, New York Times, Washington Post, Disney, Google, Apple, MIT Computer Science, Artificial Intelligence, Audio Publishers Association, CNBC

☆ The gap between AI expectations and outcomes in the workplace are wide
▼ + stars: | 2024-08-09 | by ( Cate Tarr | Special To Cnbc.Com | ) www.cnbc.com time to read: +2 min

Despite companies' high expectations for productivity gains from generative AI technology, workers are finding far different results when those tools are added to their jobs. Nearly all of C-suite leaders — 96% — polled in an Upwork Research Institute study in July said they expect the use of gen AI tools to increase their company's overall productivity levels. More than 75% of employees said gen AI tools have even decreased their productivity and added to their workload. Meanwhile, companies are also increasing their spending on new AI tools. Finding a better way of matching executive expectations and worker outcomes is critical if companies want investments in generative AI to pay off.

Persons: Joe Atkinson, Atkinson Organizations: Research, CNBC Technology, PwC

The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to back early-stage startups, and get them using the AI company's technology. It initially started with $100 million in 2008, and doubled to $200 million two years later. Venture capitalists are now looking for ways to sweeten their offers to court AI startups, as investors swarm to the hottest deals. Funding for AI startups more than doubled in the second quarter from the first, topping $24 billion, according to data from Crunchbase. OpenAI has its own venture fund, the OpenAI Startup Fund, which its website says is "investing $175 million to help AI companies have a profound, positive impact on the world."

Persons: Anthropic, Kleiner Perkins, Matt Murphy, Murphy, Daniela Amodei, Dario, OpenAI, ChatGPT Organizations: Menlo Ventures, Menlo, Apple, CNBC, Venture, OpenAI, Fund Locations: Crunchbase

India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.

Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend

☆ Kim Kardashian’s Skims is making bride-to-be Alex Cooper the star of its wedding brand
▼ + stars: | 2024-03-25 | by ( Emily Larcher | Special To Cnbc.Com | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - NOVEMBER 08: Alex Cooper (C) performs a wedding ceremony during "The Unwell Tour" at The Theater at Madison Square Garden on November 08, 2023 in New York City. (Photo by Gotham/Getty Images)Kim Kardashian's shapewear label Skims has tapped podcaster Alex Cooper to showcase the brand's latest wedding-themed collection. Kardashian said in a press release that Skims "wanted to announce the Wedding Shop with a real bride-to-be." The bride-to-be has been documenting her own journey in wedding planning — both the highs and lows — across her social media accounts and on her podcast. The network is a subsidiary of Cooper's Trending media venture.

Persons: Alex Cooper, Kim Kardashian's, Cooper, Matt Kaplan, Kardashian, —, Kaplan, influencers, Jens Grede, Skims Organizations: NEW, Madison, Garden, Gotham, Spotify, Gen, Entertainment, Skims, WNBA, NBA, USA, New York Times, Bloomberg Locations: New York City

Gorodenkoff | Istock | Getty ImagesHigh-paying hybrid work is here to stay — or is it? Six-figure hybrid job availability crashed nearly 70% while posts for in-person jobs nearly doubled, according to the Q4 2023 High Paying Jobs report from jobs platform Ladders. Higher income also made workers more likely to start looking for a new position that offers hybrid flexibility, the report states. This disconnect between what employers are offering and what highly paid workers want is causing tension in the return-to-office dance. 'The tragedy of the commons'In the case for hybrid, how are six-figure workers with executive or managerial roles different from individual employees?

Persons: Frank Weishaupt, —, they're, Rick Smith, Johns, Smith Organizations: Istock, Getty, Owl Labs, Employers, Boeing, UPS, Johns Hopkins Carey Business School

☆ ‘I don’t want to spend’: How a TikTok comedian’s call for ‘loud budgeting’ can help your wallet
▼ + stars: | 2024-01-29 | by ( Victoria Feng | Special To Cnbc | ) www.cnbc.com time to read: +2 min

But he sees the very real financial consequences that influencers and TikTok trends like quiet luxury have, especially on younger consumers. "There was this idea of keeping up with the Joneses," said Daigle, a member of the CNBC Financial Advisor Council. Nearly two-thirds, 62%, of Americans are living paycheck to paycheck, according to LendingClub. For loud budgeting to be effective rather than gimmicky, Daigle suggests that people focus on their financial priorities and practice moderation with their spending changes. To help stay on track, she recommends using a budgeting tool like YNAB, also known as You Need a Budget.

Persons: Thomas Barwick, Steven Sierra, Sophia Bera Daigle, That's, I'm, Daigle Organizations: Digitalvision, Getty, Lukas, CNBC, Gen

But in recent quarters, we have witnessed a dramatic shift higher in interest rates, a move that investors should not fear but embrace. In addition to the rise in nominal interest rates, we have also experienced a similar increase in real interest rates (rates adjusted for inflation). Granted, the journey to higher yields has been painful to bond investors. When calculating fixed-income returns for most bonds, there are two components: price return and income return. As an example, the Bloomberg Aggregate Bond Index posted a price return of -15.3% and an income return of +2.3%.

Persons: Bonds, Taylor Swift Organizations: Istock, Getty, Treasury, Bloomberg, Bond, Federal

How to calculate I bond ratesThe Treasury adjusts I bond rates every May and November, and there are two parts to I bond yields: a variable and fixed portion. The variable rate moves every six months based on inflation, and the Treasury can change the fixed rate every six months, but that doesn't always happen. The variable rate resets every six months starting on the investor's I bond purchase date, not when the Treasury announces new rates. Currently, the variable rate is 3.94% and the fixed rate is 1.30%, for a rounded combined yield of 5.27% on I bonds purchased between Nov. 1 and April 30. However, the headline rate may be different than what you receive because the fixed rate stays the same for the life of your bond.

Persons: Ken Tumin Organizations: U.S . Department of, Treasury

The average interest rate for all credit card accounts hit 20.68% in May, the highest on record, according to most recent Federal Reserve data. "But credit cards do charge the highest interest rates of any mainstream consumer debt [by far]," he wrote in an e-mail. This is why it's so important to prioritize credit card debt payoff." Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. "Whenever the Fed has raised interest rates as they have, something usually tips or fails," he said.

Persons: Barry Glassman, Ted Rossman, Cardholders, Glassman, CreditCards.com, Rossman, Bankrate Organizations: CreditCards.com, Federal Reserve, Wealth, Westend61, Getty, Federal Reserve Bank of New, Silicon Valley Bank, Signature Bank Locations: Vienna , Virginia, North Bethesda , Maryland, Federal Reserve Bank of New York, Silicon, U.S

☆ How ChatGPT is changing the job hiring process, from the HR department to coders
▼ + stars: | 2023-04-08 | by ( Kevin Travers | Special To Cnbc.Com | ) www.cnbc.com time to read: +5 min

But how many business leaders are currently using AI tech in day-to-day operations or plan to? Half of the companies ResumeBuilder surveyed in February said they are using ChatGPT; 30% said they plan to do so. Since the survey was completed, more professionals have started using generative AI. There has been a growing concern that generative AI could replace jobs, and perhaps not the ones most expected. On the hiring side, 82% of respondents said they had used generative AI for hiring in a recent ResumeBuilder update.

In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTCommuters exit a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, US. Yet, even as layoffs in tech and beyond mount, employees are pushing back against leaders who issue return-to-office mandates. Companies that look to recreate a pre-pandemic way of working are going to be left behind when it comes to keeping and attracting the best talent. At the CFO meeting, she told a majority male group of finance leaders to look around the room. And believe me, if being in the office was going to work to get more women and people of color promoted, it would have happened already.

Text-to-image tools like OpenAI's DALL-E, Midjourney, Stable Diffusion, and DreamUp can render images in various styles in seconds with a few words of direction. Now those purchasers can use the artist's work without compensating the artist at all," the class-action court filing against Stable Diffusion states. Stable Diffusion did not provide a comment by press time. Companies are selling AI-generated prints and Stable Diffusion can learn to copy an artist's style within hours. Given how new generative AI is, it's not surprising the legal system has yet to catch up.

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