Daily LInks
1. Prices For Even ‘Accessible’ Luxury Brands Skyrockets. “Middle class professionals who once saved up for a luxury investment handbag or coat have been aggressively priced out.” – Read More on Media Post
2. Who owns AI art? Copyright questions are throwing a wrench into generative AI at every turn, from training data to questions about who controls the output. – Read More on the Verge
3. RELATED READ: AI Trained on Copyrighted Works: When Is It Fair Use? In cases where the end goal of machine learning is new functionality, the use is likely transformative. Some examples could be using the learned ability to recognize faces or types of objects in the pictures for purposes other than generating art. – Read More on TFL
4. No big boost expected in luxury spending during holiday season – Bain. “It will really be linked to tourist flows,” said Bain partner Federica Levato of spending on high end goods in Europe, noting that local shoppers had reined back spending after three years of strong, post-pandemic growth. – Read More on Reuters
5. Does Elon Grok the Trademark Issues With ‘Grok’? AI Chip Company Groq Does. Now, Groq and xAI are in different, but related businesses. Groq is making the chips that make it possible for any generative AI model to be insanely fast (their demo is on Llama 2), but they’re both in the AI business. – Read More on TechDirt
6. How Chinese e-commerce fuels counterfeit fashion in Nigeria. In Nigeria, these knockoffs or counterfeits are known as “fake originals.” Modeled on popular sports or luxury brands, they cost a fraction of the price of an original. – Read More on Rest of World
