Crypto News
Justine Bateman: Take Action on AI Now or Risk WGA Strike Consequences

As the WGA writer’s strike enters its third week, actress and computer scientist Justine Bateman posted a tweet thread detailing how artificial intelligence could disrupt the entertainment industry—and what actors can do to protect themselves.
Formed in 1954, the Writer’s Guild of America (WGA) is one of the largest unions in the entertainment industry, boasting over 15,000 members. With its membership off the job, most major productions have ground to a halt.
Bateman, best known for playing Mallory Keaton in the 1980s sitcom “Family Ties” alongside Michael J. Fox, has a degree in computer science and digital media management from UCLA. Bateman also took aim at the use of computer-generated images trained on actors’ likenesses and voices that she said could be tripled and quadrupled booked.
Earlier this month, the popular generative A.I. image platform Midjourney released its latest version 5.1, making it easier to create visually stunning images and deep fakes with minimal effort.
Bateman encouraged actors to demand “iron-clad protection” against the use of their image and voice to protect their livelihood.
To prove the point, Bateman shared a tweet from Twitter user and A.I. blogger Lorenzo Green showing a video of what an A.I.-generated Lord of the Rings by director Wes Anderson would look like.
Since the launch of OpenAI’s ChatGPT in November, the race to bring A.I. into the mainstream has many sounding the alarm about A.I.’s potential takeover of the workforce.
The WGA, seeing the potential threat, included a proposal in its negotiations with the Alliance of Motion Picture and Television Producers that blocked the use of A.I. to write or rewrite literary material, be used as source material, or train A.I. The AMPTP rejected the proposal, according to the WGA.
Justine Bateman is warning actors that artificial intelligence could disrupt the entertainment industry and is encouraging them to demand “iron-clad protection” against the use of their image and voice to protect their livelihood. The Writer’s Guild of America has proposed to the Alliance of Motion Picture and Television Producers that they block the use of A.I. to write or rewrite literary material, be used as source material, or train A.I., but the AMPTP has so far rejected the proposal.
This is bad news for actors, as A.I. could potentially replace them and take away their livelihoods. It is important for actors to take action to protect themselves from the potential threat of A.I. taking over the entertainment industry.
You can read more about this topic here: Decrypt: Computer Scientist and Actress Justine Bateman Urges Action on AI Amid WGA Strike
The post Justine Bateman: Take Action on AI Now or Risk WGA Strike Consequences first appeared on Byte Syze Crypto.
Crypto News
Justin Sun Predicts Huobi Crypto Exchange to Secure Hong Kong License in Under a Year

Tron founder and advisor to the exchange, Justin Sun, has stated that Huobi could get a Hong Kong crypto license in six to twelve months. Specifically, Sun told Coindesk that the exchange applied to become a virtual asset service provider (VASP) last week. Additionally, Sun discussed the process of the VASP application and his belief that the crypto exchange could have an answer by the end of the year. Huobi had recently relocated to Hong Kong, aiming to launch Huobi Hong Kong by the summer. Sun was asked about embracing potential competition in the Canadian market and noted the strict regulatory standards in the country, referring to the Caribbean, Hong Kong, and Japan. There has been no verification of other cryptocurrency exchanges that have applied for a similar license, however, Coindesk reported Sun’s expectation that five to six other exchanges could make the move.
This news is good for Huobi as they are in the process of obtaining a crypto license in Hong Kong, which would allow them to operate in the region and serve customers. Other exchanges may also apply for the license, and the grace period given to the exchange could provide them with the opportunity to get approval in the next six to twelve months.
#Huobi #HongKong #CryptoLicense #VASP #JustinSun
You can read more about this topic here: Watcher Guru: Justin Sun Says Huobi Could Get Hong Kong Crypto License in 6-12 Months
The post Justin Sun Predicts Huobi Crypto Exchange to Secure Hong Kong License in Under a Year first appeared on Byte Syze Crypto.
Crypto News
Crypto Rug Pulls: How $45 Million In Defi Attacks Were Lost In May

#CryptoSafety #RugPulls #DefiExploits #ProtectInvestors
You can read more about this topic here: Watcher Guru: Crypto Rug Pulls Outvalued Defi Attacks in May, $45 Million Lost
The post Crypto Rug Pulls: How $45 Million In Defi Attacks Were Lost In May first appeared on Byte Syze Crypto.
Crypto News
CFTC Set to Revamp Risk Regulations: How it Impacts the Crypto Industry

The Commodity Futures Trading Commission (CFTC) has proposed a re-modelled rule-set for risk management as part of its effort to respond to the U.S. banking crisis. Commissioner Christy Goldsmith Romero highlighted the need for such regulations due to the risks posed by the emergence of technologies like crypto, AI, and cloud services. The CFTC’s advance notice of proposed rulemaking will be open for public comments for 60 days. The final version will then be voted upon. #CFTC #RiskManagement #Crypto #Regulations
You can read more about this topic here: Watcher Guru: Crypto: U.S. CFTC Looking to Change Risk Rules
The post CFTC Set to Revamp Risk Regulations: How it Impacts the Crypto Industry first appeared on Byte Syze Crypto.
-
Crypto News1 week ago
Discover the Hidden Gems in AI Chip Business: Uncovering the Other Successful Companies Besides Nvidia
-
Crypto News1 week ago
Uncovering the Truth: Ron DeSantis’s Campaign Didn’t Alter His Video With AI – Decrypt
-
Crypto News1 week ago
Discover How Visa, Microsoft and 12 Other Companies are Piloting Brazil’s CBDC Program
-
Crypto News1 week ago
Ethereum Devs Flocking to Bitcoin: How Ordinals is Paving the Way for Big Changes
-
Crypto News1 week ago
Uncovering the Risks of DAOs & Self-Executing Contracts – Decrypt
-
Crypto News1 week ago
“How Much Can You Earn Playing Mobile Solitaire Games with Bitcoin? Discover Now!”
-
Crypto News1 week ago
Binance Launches Innovative Thai Crypto Exchange in Q4 2023: Get Ready for the Boom!
-
Crypto News1 week ago
Gemini Exchange Launches European Headquarters in Ireland – Crypto Boom Ahead?