File under "You Can't Make This Stuff Up." Somehow, it actually seems like a farcical April Fools…
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April Fools' Day Four Days Late? Google Objects to OpenAI Using YouTube to Train Its Own Generator

File under "You Can't Make This Stuff Up."

Somehow, it actually seems like a farcical April Fools' Day headline, in fact.  Google, with its deep history of scraping and scanning other sources' substantive content for its own uses, now objects to OpenAI using YouTube content to train its text-to-video generator:

The use of YouTube videos to train OpenAI’s text-to-video generator would be an infraction of the platform's terms of service, YouTube Chief Executive Officer Neal Mohan said."

Optimists might hope that Google is finally recognizing and preparing to correct its wayward course, while realists and cynics will roll their eyes at what they'll label naivete.  As the old adage goes, however, "every saint has a past, every sinner has a future," so we'll maintain hope.…[more]

April 05, 2024 • 05:09 PM

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Home Press Room New Radio Ads Take Aim at Powers of PROMESA’s Federal Control Board to Reprioritize and “Cram Down” Puerto Rico’s Debt
New Radio Ads Take Aim at Powers of PROMESA’s Federal Control Board to Reprioritize and “Cram Down” Puerto Rico’s Debt Print
Thursday, June 16 2016

WASHINGTON, D.C. – Today, the Center for Individual Freedom (“CFIF”) launched a new advertising campaign highlighting fundamental flaws with the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) as passed by the U.S. House of Representatives last week.

The radio advertisements, which will begin in Ohio, Pennsylvania and Wisconsin, warn against the broad powers given to the federal control board established by PROMESA to reprioritize and “cram down” Puerto Rico’s debt, including possibly subordinating its constitutionally protected general obligation debt to the Commonwealth’s unfunded pensions.

PROMESA’s ambiguity in instructing an unaccountable control board to “adequately fund” Puerto Rico’s pensions is a real threat to retirees and savers across America who have invested in Puerto Rico’s general obligation bonds on the constitutional promise that their investments would receive priority over all other government obligations. They shouldn’t be asked to bail out Puerto Rico now with their own savings. 

“Savers and seniors could be forced to pay for Puerto Rico’s $46 billion in unfunded pensions,” states the ads. “Retirement savings drained — to pay for years of mistakes by politicians in Puerto Rico.”

The ads also note that the control board is authorized to receive gifts, paving the way for more crony capitalism and mischief. 

The ads can be heard at the links below:

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