Pennycuick announces new law criminalizing AI-generated deepfake child pornography
Artificial intelligence (AI) has propelled stocks to monster gains over the last two years, starting with the launch of OpenAI's ChatGPT. By now, investors are well aware of breakout stories like Nvidia and Palantir Technologies that have been early to capitalize on the boom, but there are likely to be plenty of other winners from the new technology. Some CEOs think AI could be as big as the internet, and big tech companies are already spending billions on this evolving technology in order to take leadership of what is expected to be the next major computing platform. However, there are still other opportunities to capitalize on the growth in AI. Let's take a look at two of them. 1. TSMC Taiwan Semiconductor Manufacturing ( TSM -0.70% ) hasn't gotten as much attention as chip stocks like Nvidia, but TSMC, as the company is also known, could be the most important company in the AI revolution. TSMC is the company that Nvidia and other fabless chipmakers like Advanced Micro Devices , Broadcom , and Qualcomm as well as big tech companies like Apple , Amazon , and Alphabet turn to for their chip production needs. In other words, it's a linchpin in the supply chain for both the semiconductor industry and artificial intelligence as so many companies depend on it to manufacture their products. TSMC has already begun to capitalize on the AI-driven demand as revenue in its most recently reported quarter jumped 39% year over year to $23.5 billion, and TSMC also generates impressive margins with an operating margin of 47.6% in the third quarter, showing its wide economic moat in the industry. The company looks poised to capitalize on continuing demand for AI chips since it handles roughly 90% of third-party manufacturing of advanced chips and works closely with companies like Nvidia on production. TSMC itself touts its "leading-edge logic, memory, and packaging technologies," and its chips go into a wide range of devices, including servers in the data center and edge devices like smartphones and appliances. While there's still some uncertainty in the AI boom, demand is likely to grow over the next several years. TSMC seems better positioned to capitalize on it than other AI stocks on the market. The stock has nearly doubled in 2024 but has more room to run as it trades at a reasonable price-to-earnings ratio of just 33. 2. Upstart Upstart ( UPST -5.62% ) is still well below its peak during the pandemic, meaning the stock has largely been forgotten even as it's started to rally again this year. Upstart uses proprietary AI technology to determine creditworthiness to originate consumer loans, and it claims that its technology is significantly better than traditional FICO scores. The company has also seen a recovery in its business, which it attributes to improvements in its model. Management noted that Model 18, its latest update, drove large conversion improvements in the third quarter, meaning more applicants ended up receiving loans. Upstart's business model is also a reminder that there are opportunities in AI beyond just generative AI. Beyond its own competitive advantage in loan originations, Upstart has significant upside potential because interest rates should eventually come down, encouraging more borrowing, potentially lifting the business to its earlier peak as demand for loans surged during the pandemic. While the company is sensitive to the macroeconomic environment, AI remains the key to unlocking the potential of the business as disrupting the broader loan ecosystem and serving as the de facto creditworthiness measurement would generate huge returns for Upstart, which is valued at just $6.5 billion. The business has returned to growth with revenue up 20% to $162 million in the third quarter, though Upstart is not currently profitable. However, there's a lot of potential for margins to scale up as the business grows.
Capture, Celebrate, and Save Big: Reolink's Holiday Deals and #reocap Fun!Croatia's incumbent president gains most votes for re-election, but not enough to avoid a runoff
Wayne Rooney has encouraged I’m A Celebrity... Get Me Out Of Here! viewers to vote for his wife to do a Bushtucker Trial as he feels she would want to “put herself to the test”. The former England footballer, 39, said he was “proud” of how Coleen was doing in the Australian jungle in a post on social media on Saturday. Advertisement The couple, who first met at school and began dating aged 16, share four sons – Kai Wayne, Klay Anthony, Kit Joseph and Cass Mac. Proud of @ColeenRoo on @imacelebrity she’s doing great ❤️ Me and the boys would love to see her doing a trial and we know she’d want to put herself to the test. If you can download the #ImACeleb app and let’s get voting! 🗳️🕷️🐍 pic.twitter.com/f1VEihHVzy — Wayne Rooney (@WayneRooney) November 23, 2024 Advertisement “Proud of @ColeenRoo on @imacelebrity she’s doing great”, he wrote on X, formerly Twitter, alongside a collage of photos of her on the show. “Me and the boys would love to see her doing a trial and we know she’d want to put herself to the test. Advertisement “If you can download the #ImACeleb and let’s get voting!” During the first task of the series, BBC Radio 1 presenter Dean McCullough chose to partner up with TV personality Coleen as he hailed her as “Wagatha Christie”. Rooney, 38, was given the nickname when she accused Rebekah Vardy, who is married to Leicester City striker Jamie Vardy, of leaking her private information to The Sun in a viral post on social media. In July 2022, a judge at the High Court found the post was “substantially true”. Advertisement During Vardy’s stint on I’m A Celebrity, she became the third celebrity to leave, saying the series helped her become more tolerant. Earlier this week, Liverpool-born Coleen told her fellow campmate that going to court over her feud with Vardy was her “worst nightmare” as she felt she was “putting on a show for the whole world”. However, she said she was not scared about making the viral post which kicked off the dispute, saying: “I just didn’t think it would have the impact it did, because I was just that sick and tired of it, it was draining.” Later in the episode, Rooney became emotional over the loss of her sister Rosie, after boxing star Barry McGuigan spoke about the death of his daughter. Advertisement I’m A Celebrity... Get Me Out Of Here! continues on ITV1 and ITVX.
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.Cairns Don't miss out on the headlines from Cairns. Followed categories will be added to My News. The new state government wants to increase the number of Queenslanders using digital ID platforms, while simultaneously boosting “old-fashioned” customer service, particularly in rural and regional areas. Minister for Customer Services and Open Data Steve Minnikin – in a newly established portfolio – said his goal was to make engaging with government services “more pleasurable”. “There’s this cultural block between government departments, a lot of them don’t share data, we want to break through that attitude,” Mr Minnikin said. “When someone calls in, they don’t really care which department is looking after it, they just want to have their issue solved as quickly as possible, not be transferred from one to another.” Minister for Customer Services and Open Data Steve Minnikin said his goal was to make engaging with government services “more pleasurable”. Picture: Peter Carruthers But the former realtor and property developer said his charter included making Queensland Government services more accessible. “A lot of surveys I’ve seen point to the fact typical Queenslanders, about 75 per cent would prefer a digital platform, but we’ve only got about 18 per cent of people that have taken up the digital driver’s licence. Most people don’t even know it exists,” he said. “Every five years or so, you’ve got your license renewal. For a lot of people you have to check into a customer service centre, take a ticket and wait, everyone knows that story. “But in New South Wales, because they’ve got the technology, you have your license renewed and paid for and sent directly to your digital wallet in a day. The Queensland Government wants to boost the uptake of Digital IDs. Picture: iStock “We want to push that, that’s very much a modern approach.” But Mr Minnikin said any moves to boost digital uptake would be balanced with the option to “give people choice” to engage traditionally. For rural and regional centres, including Cooktown where young drivers are reportedly struggling to access government services to obtain licenses, Mr Minnikin he would be looking to share responsibilities between departments to “boost productivity”. “Let’s go back to the start of this conversation, a typical Queenslander, they don’t really care which department; most people just want to get their ‘thing,’ whatever that ‘thing’ is done quickly. An older image of a regional Department of Transport and Main Roads office. The Queensland Government wants to boost “old-fashioned” service. Photo Tara Miko / CQNews “But a lot of departments don’t even have shared email servers and some are using technology that’s almost 25 years old. “My commitment is we will be making sure that the existing range of government service centres are actually boosted and improved. “We will be looking at the whole of Queensland and doing a complete strategy in the first six months of 2025, as to what’s there at the moment, where’s the gap, and how can we fill it.” More Coverage Mixed messages over 2023 flood report ‘typical of government’ Arun Singh Mann ‘Are we committed?’: Confusion over Cairns youth detention facility Arun Singh Mann Originally published as Qld digital ID to be pushed by state government but residents given choice Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Cairns Labourer jailed for ‘brazen’ $179,000 fake earthworks tax fraud A labourer and former council worker has been jailed after admitting he invented a “site preparations services” business with a $2.1m turnover to falsely claim GST refunds of $179,000. Read more Cairns Where to celebrate NYE in Far North Queensland Whether its catching the midnight fireworks or partying at festive venues around the region, say goodbye to 2024 in style. Read more
NEW YORK (AP) — President-elect Donald Trump wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the Sunshine Protection Act, had proposed making daylight saving time permanent. The measure was sponsored by Florida Sen. Marco Rubio, whom Trump has tapped to helm the State Department. “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time, which is how clocks are currently set, should be made permanent. Some health groups, including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. Most countries do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all. Story by Jill Colvin, Associated Press More articles from the BDN
Updated: Mavericks come from behind to win opener at national tourneyWinding down the decades-long, off-and-on effort to extend the Mark Clark Expressway from West Ashley to James and Johns islands isn't as easy as it might sound. But it has to happen: Charleston County voters said so, and County Council must follow through. At issue is more than a decision to end an ill-conceived, poorly supported and too costly road project; also at issue is the financial impact to both the county and the state, which have spent tens of millions of dollars on planning and permitting work to date. And at issue is whether the county will have to reimburse the state part of what has been spent so far. Also at issue is whether the remaining amount of the state's $420 million commitment to the project can be redirected to a different, far more worthy project in the county. The state's easiest and most obvious move is to reject County Council's entreaty Tuesday to continue working to make the 526 project shovel ready — in case a few billion dollars of state or federal money magically appears to build it. Its cost already has ballooned to $2.3 billion but possibly much, much more, and the county also was going to spend about $600 million in financing costs had the sales tax extension passed in a Nov. 5 referendum. But it failed, 61% to 39%, because voters didn't want the project . State Transportation Infrastructure Bank Board member Chris Murphy, a House member from North Charleston, was spot-on when he told his colleagues Wednesday : "This was a referendum on 526, and the voters in Charleston voted overwhelmingly to say 'No,' but you're coming to us and asking us to say 'Yes.' In my responsibility as a member of this board and to my constituency — which is the entire state, not just Charleston County — I don't see how it is fiscally prudent to continue down this road to nowhere. ... I am not in favor of spending another dime of Infrastructure Bank money on this project when the voters of Charleston have overwhelmingly rejected it." Unfortunately, Charleston County Council has opted to hold its discussions and strategizing about the Mark Clark extension behind closed doors. On Tuesday, the council voted in public to have Council Chairman Herb Sass respond to the S.C. Department of Transportation "to negotiate the terms of the (intergovernmental agreement) with the STIB and SCDOT pursuant to the discussion in executive session." What discussion? And what's to be negotiated? The council's penchant for secrecy when it comes to politically sensitive topics is not helpful. The State Transportation Infrastructure Bank Board declined to come to the county's assistance Wednesday, but that actually might be what the county wants. If the state terminates the contract, then the county doesn't have to reimburse it half the cost of what has been spent so far, which could require the county to stroke a check for about $25 million. As The Post and Courier's Nick Reynolds reports, a final say is expected to come from the Joint Bond Review Committee, which vets all major state funding grants before approval by the State Fiscal Accountability Authority, led by Gov. Henry McMaster. The committee members need to uphold the bank board's decision to end things now. Tens of millions of dollars have been wasted on permitting and environmental assessment costs to date, but that's no reason to waste more. The larger question is whether what remains of the state's $420 million commitment to the project can be shifted to a worthy project in the county. We urge state officials to have the Infrastructure Bank bank that amount on the county's behalf in the months and years to come. Click here for more opinion content from The Post and Courier.
