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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a
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Produced by Daniel Aharonoff & Mogul Media AI

Unraveling the OpenAI vs. New York Times Legal Battle: Accusations, Defenses, and Collaborative Innovations

OpenAI Responds to New York Times Lawsuit Allegations

In the wake of a lawsuit filed by the New York Times against OpenAI, the leading AI developer has swiftly responded with a robust defense and counterclaims. OpenAI has not only refuted the accusations levied against it but also highlighted its unwavering support for the journalism industry, emphasizing its collaborative efforts with news organizations. Let's delve into the key points put forth by OpenAI in response to the lawsuit:

Accusations of Incomplete Reporting

  • OpenAI has accused the New York Times of incomplete reporting, suggesting that the examples cited in the lawsuit were derived from older articles available on third-party websites.
  • The company insinuated that the New York Times may have manipulated AI prompts to elicit specific responses from their AI model, thereby creating a misleading narrative.

Prompt Manipulation and AI Behavior

  • OpenAI pointed out that prompt manipulation can lead AI models to produce outcomes that deviate from their usual behavior.
  • The company highlighted that their models typically do not exhibit the behaviors implied by the New York Times, casting doubt on the validity of the evidence presented in the lawsuit.

Collaboration with News Industry

  • OpenAI reiterated its commitment to supporting news organizations, citing collaborations aimed at deploying AI tools to aid reporters and editors.
  • The recent partnership with Axel Springer, the publisher of Rolling Stone, underscores OpenAI's dedication to enhancing news summarization accuracy.

In addressing the issue of content regurgitation, OpenAI acknowledged that it is a concern but refuted the notion that it is a deliberate practice. The company's stance on fostering mutual growth between AI and journalism underscores its proactive approach to innovation in the news industry.

By pushing back against the allegations and shedding light on its collaborative endeavors, OpenAI has made a compelling case in response to the New York Times lawsuit. The intersection of AI technology and journalism continues to evolve, with OpenAI's proactive engagement standing as a testament to the potential for positive impact in the media landscape.

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