Today’s Cash | AI chatbots and pirated content; Smartphone sales closed on Prime Day; TSMC delayed chip production in the US | Photo Credit: AP
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Book Piracy and AI Chatbots
The authors have signed an open letter urging the CEOs of Google, Meta, OpenAI and other tech companies to ask creators before using their copyrighted works to train large language models for AI. Take permission and compensate authors for using their work for AI development. Other authors plan to take these companies to court, claiming that they had stolen copyrighted works through “shadow libraries” containing hundreds of thousands of pirated e-books, articles, and academic texts. An anonymous author claimed that Google’s Bard chatbot revived the text in his book “verbatim” and thus could affect his sales and profession.
Alexandra Elbakyan, founder of the Science-Hub platform named in one such lawsuit, told Hindu That Sci-Hub was mined over the years for purposes that may have included AI training.
Smartphone sales take off on Prime Day
Amazon’s Prime Day gave thousands of shoppers the reason they needed To upgrade your smartphone and TV setAround five smartphones were sold every second, as the e-commerce giant reported, with most of the demand coming from Tier 2 and Tier 3 cities. Customers also showed a clear preference for foldable smartphones and 5G-enabled smartphones.
Some of the popular models include OnePlus Nord 3 5G, Samsung Galaxy M34 5G, Motorola Razr 40 Series, Realme Narzo 60 Series, and IQOO Neo 7 Pro 5G. Amazon also said that about 30 TVs were sold every minute, with demand for premium 4K, QLED, or OLED screens rising.
TSMC delays chip production
Taiwanese chip maker TSMC has Production of 4nm chips pushed back Citing labor shortages and a lack of skilled workers in the US, its new Arizona-based facility was delayed by two years. The factory was built in 2021 and plans to start chip production in 2024, with a second factory expected to start in 2026. The intended customers were Apple, Nvidia, and AMD. This information was shared by Chairman Mark Liu during the company’s second quarter earnings call.
While the chips are in high demand, supply chain issues and geopolitical tensions have impacted production rates. TSMC plans to send technicians from Taiwan to train their US-based counterparts to speed up equipment installation.