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At the AI ​​Film Festival, humanity triumphed over technology

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In the third episode of “Creative Dialogues,” an interview series produced by the film division of the generative AI startup Runway, multimedia artist Claire Hentschker expresses her fear that AI will commodify the artistic process to the point where art becomes homogenized, regressing to its sort of derivative identity.

“Are you getting a narrower and narrower average of existing things?” she asks. “And then – as you average it – everything will just be a blur?”

These are the questions I asked myself Wednesday during a screening of the top 10 finalists of the second annual AI Runway Film Festival who available on request on the Runway website as of this morning.

This 12 months, Runway had two premieres, one in Los Angeles and the other in New York. I attended a performance in New York that took place at the Metrograph, a theater known for its art theater and avant-garde performances.

“Pounamu” – the story of a young bird exploring the wider world.
Image credits: Samuel Schrag

I’m completely happy to report that AI shouldn’t be accelerating in the future… at the very least not yet. However, the director’s trained eye – the human touch – makes a transparent difference in the effectiveness of the “AI film”.

All movies submitted to the festival featured artificial intelligence in some form, including AI-generated backgrounds and animations, synthetic narratives, and bullet time-style computer graphics. None of the elements appeared to be at the level of what cutting-edge tools like OpenAI’s Sora could produce, but that was to be expected given that the majority submissions were finalized earlier in the 12 months.

Indeed, it was obvious – sometimes painfully so – which parts of the movies were the product of the artificial intelligence model, reasonably than the actor, cinematographer or animator. Even otherwise strong scripts were let down at times by unsatisfactory generative AI effects.

Take, for instance, “Dear Mom” by Johans Saldana Guadalupe and Katie Luo, which, in her own words, tells the story of a daughter’s loving relationship along with her mother. It’s a tearjerker. But the Los Angeles freeway scene, with all the trademark weirdness of AI-generated movies (e.g. warped cars, weird physics), broke my spell.

At the film festival
A scene from the movie “Dear Mom”.
Image credits: Johans Saldana Guadalupe and Katie Luo

The limitations of recent artificial intelligence tools looked as if it would limit some movies.

As my colleague Devin Coldewey recently wrote, control through generative models – especially people who generate video – is elusive. Simple issues in traditional filmmaking, comparable to selecting the color of a personality’s clothing, require workarounds because each shot is created independently of the others. Sometimes even workarounds don’t help.

The resulting incoherence was on display at the festival, where several movies amounted to little greater than interconnected vignettes, connected by narrative and soundtrack. Carlo De Togni and Elena Sparacino’s “L’éveil à la création” showed how boring this formula could possibly be, with slideshow-like transitions that will make for a greater interactive storybook than a movie.

Léo Cannone “Where do grandmothers go when they get lost?” also falls into the vignette category – but it surely still triumphs because of its honest script (a baby describing what happens to their grandmothers after their deaths) and an exceptionally strong performance by its child star. The remainder of the audience looked as if it would agree; the film received one in all the more spirited ovations of the evening.

At the film festival
Giant grannies imagined by artificial intelligence.
Image credits: Leo Cannone

For me, this sums up the festival in a nutshell. Human input, reasonably than artificial intelligence, often makes the difference. Emotionality in a baby actor’s voice? It’s related to you. Artificial intelligence generated backgrounds? Less.

That was actually true of the festival’s Grand Prix winner “Get Me Out,” which documents one Japanese man’s struggle to get well from the psychological effects of immigration to the U.S. on him as a baby. Filmmaker Daniel Antebi depicts a person’s panic attacks using artificial intelligence-generated graphics – graphics that ultimately proved less effective than photos. The film ends with a shot of a person walking up the bridge as the streetlights on the boardwalk flash one after the other. It’s haunting – and delightful – and definitely took ages to capture.

At the film festival
In “Get Me Out” a person struggles together with his emotions – literally.
Image credits: Daniel Antebi

It could be very possible that at some point generative artificial intelligence will have the ability to recreate such scenes. Perhaps cinematography will eventually get replaced by hints – a casualty of the ever-growing datasets (albeit with a troubling copyright status) on which startups like Runway and OpenAI train their video generation models.

But that day shouldn’t be today.

As the screening ended and the awardees marched to the front of the theater to take their photos, I could not help but notice the cameraman standing in the corner documenting the entire event. Perhaps, on the contrary, artificial intelligence won’t ever replace some things, comparable to the humanity that we humans deeply desire.

This article was originally published on : techcrunch.com
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Revolut will introduce mortgage loans, smart ATMs and business lending products

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Revolutthe London-based fintech unicorn shared several elements of the corporate’s 2025 roadmap at a company event in London on Friday. One of the corporate’s important goals for next yr will be to introduce an AI-enabled assistant that will help its 50 million customers navigate financial apps, manage money and customize software.

Considering that artificial intelligence is at the middle of everyone’s attention, this move shouldn’t be surprising. But an AI assistant could actually help differentiate Revolut from traditional banking services, which have been slower to adapt to latest technologies.

When Revolut launched its app almost 10 years ago, many individuals discovered the concept of debit cards with real-time payment notifications. Users may lock the cardboard from the app.

Many banks now can help you control your card using your phone. However, they’re unlikely to supply AI features that might be useful yet.

In addition to the AI ​​assistant, Revolut announced that it will introduce branded ATMs to the market. These will end in money being spent (obviously), but in addition cards – which could encourage latest sign-ups.

Revolut said it plans so as to add facial recognition features to its ATMs in the longer term, which could help with authentication without using the same old card and PIN protocol. It will be interesting to see the way it implements this technology in a way that complies with European Union data protection regulations, which require explicit consent to make use of biometric data for identification purposes.

According to the corporate, Revolut ATMs will start appearing in Spain in early 2025.

Revolut has had a banking license in Europe for a while, which implies it may offer lending products to its retail customers. It already offers bank cards and personal loans in some countries.

Now the corporate plans to expand into mortgage loans – some of the popular lending products in Europe – with an emphasis on speed. If it’s an easy request, customers should generally expect immediate approval and a final offer inside one business day. However, mortgages are rarely easy, so it will be interesting to see if Revolut overpromises.

It appears that the mortgage market rollout will be slow. Revolut said it was starting in Lithuania, with Ireland and France expected to follow suit. Although all these premieres are scheduled for 2025.

Finally, Revolut intends to expand its business offering in Europe with its first loan products and savings accounts. In the payments space, it will enable business customers to supply “buy now, pay later” payment options.

Revolut will introduce Revolut kiosks with biometric payments especially for restaurants and stores.

If all these features seem overwhelming, it’s because Revolut is consistently committed to product development, rolling out latest features quickly. And 2025 looks no different.

This article was originally published on : techcrunch.com
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Flipkart co-founder Binny Bansal is leaving PhonePe’s board

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Flipkart co-founder Binny Bansal has stepped down three-quarters from PhonePe’s board after making an identical move on the e-commerce giant.

Bengaluru-based PhonePe said it has appointed Manish Sabharwal, executive director at recruitment and human resources firm Teamlease, as an independent director and chairman of the audit committee.

Bansal played a key role in Flipkart’s acquisition of PhonePe in 2016 and has since served on the fintech’s board. The Walmart-backed startup, which operates India’s hottest mobile payment app, spun off from Flipkart in 2022 and was valued at $12 billion in funding rounds that raised about $850 million last 12 months.

Bansal still holds about 1% of PhonePe. Neither party explained why they were leaving the board.

“I would like to express my heartfelt gratitude to Binny Bansal for being one of the first and staunchest supporters of PhonePe,” Sameer Nigam, co-founder and CEO of PhonePe, said in a press release. His lively involvement, strategic advice and private mentoring have profoundly enriched our discussions. We will miss Binny!”

This article was originally published on : techcrunch.com
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The company is currently developing washing machines for humans

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Forget about cold baths. Washing machines for people may soon be a brand new solution.

According to at least one Japanese the oldest newspapersOsaka-based shower head maker Science has developed a cockpit-shaped device that fills with water when a bather sits on a seat in the center and measures an individual’s heart rate and other biological data using sensors to make sure the temperature is good. “It also projects images onto the inside of the transparent cover to make the person feel refreshed,” the power says.

The device, dubbed “Mirai Ningen Sentakuki” (the human washing machine of the longer term), may never go on sale. Indeed, for now the company’s plans are limited to the Osaka trade fair in April, where as much as eight people will have the option to experience a 15-minute “wash and dry” every day after first booking.

Apparently a version for home use is within the works.

This article was originally published on : techcrunch.com
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