The Week In Facts #75

The Week In Facts #75

Summary:

  • Mobility: "Google's Latest Mobility Innovations: A Week in Review"
  • Digital Product Passport: "What's Next in Fashion Tech: Digital Passports and Mixed Reality"
  • NFT: "Soccer Giant Paris Saint-Germain Drops NFTs with BLVCK Paris Fashion"
  • Luxury: "Artists Rally for Mason Rothschild in MetaBirkins Legal Battle"
  • AI: "ChatGPT Pauses Paid Plan Signups Due to System Strain"
  • Fashion: "Ledger Partners With FVCKRENDER for Limited Edition Bundle"

Mobility:The Future of Mobility in 2035

McKinsey & Company's report on the future of mobility in 2035 provides a comprehensive look into the evolving landscape of transportation.

The study explores regional trends worldwide, delving into the complex changes anticipated in the mobility sector.

Key areas of focus include the shift towards electrification, the rise of autonomous vehicles, and the integration of digital technologies in transportation systems.

The report also examines the impact of these changes on various aspects of society and the economy, highlighting the potential for significant transformations in how people and goods move around.

The insights offered in this report are crucial for understanding the direction in which mobility is headed and the opportunities and challenges that lie ahead.

#GoogleMobilityInnovations

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Digital product passport : The Future of Fashion Tech

The future of fashion technology is shaping up to be a fascinating blend of physical clothing with integrated "operating systems" and mixed reality enhancements.

According to the founders of Eon and DressX, two pioneering companies in fashion-tech, this evolution represents a new stage of the internet where fashion intersects with advanced technology. The concept involves adding digital elements to the physical world, potentially transforming how we interact with and perceive fashion.

This shift could lead to clothing with built-in digital identities, offering a new level of interaction and personalization. The article suggests that these developments will not only change the way we wear and interact with clothing but also have broader implications for the fashion industry's approach to sustainability and consumer engagement.

#FashionTechDigitalPassports


NFT:Paris Saint-Germain and BLVCK Paris Fashion Collaboration


Paris Saint-Germain F.C., a major soccer club, has partnered with avant-garde fashion brand Blvck Paris for an exclusive collaboration that merges sports, fashion, and digital artistry. This unique collection features both physical apparel and digital fashion items, led by a series of NFTs launched exclusively on the Crypto.com marketplace.

The NFTs, priced at $50 each, offer early access to purchase the physical items and other potential benefits for holders. Among the 1,000 NFTs available, 10% are special editions that can be redeemed for a box of physical items from the collaboration.

These NFTs are minted on Cronos, a blockchain supported by Crypto.com. The physical fashion items, including an all-black hoodie and soccer ball with white text, a t-shirt, welcome mat, and scarf, are set to be released next week. Paris Saint-Germain's foray into the crypto space includes previous initiatives like launching a crypto fan token and offering AI-generated posters as NFTs.

Star player Kylian Mbappé also serves as a brand ambassador for the NFT fantasy soccer game, Sorare.

#PSGxBLVCKParisNFT


Luxury: Artists Rally for Mason Rothschild in MetaBirkins Legal Battle

In the ongoing legal battle between luxury brand Hermès and artist Mason Rothschild over the MetaBirkins NFT project, a coalition of artists has stepped in to support Rothschild.

The coalition, led by MSCHF and including notable names like Jack Butcher and Alfred Steiner, filed an amicus brief to the Second Circuit Court of Appeals, arguing for a reversal of the previous ruling.

The case, which centers around Rothschild's digital NFT purses resembling Hermès' iconic Birkin bags, has raised significant questions about art, commerce, and intellectual property in the digital age. Rothschild's appeal contends that the district court erred by not applying the traditional Rogers test, which balances trademark rights against First Amendment freedoms.

The coalition fears a chilling effect on artistic expression if the ruling against Rothschild stands, arguing for the necessity of a clear First Amendment filter in trademark cases involving expressive works. This case is seen as pivotal for the future of artistic freedom, especially in the realm of digital artwork, and could set a crucial precedent for trademark law and First Amendment rights.

#MetaBirkinsArtistsSupport


AI: ChatGPT Pauses Paid Plan Signups Due to System Strain


OpenAI's ChatGPT has temporarily suspended new signups for its paid plan, ChatGPT Plus, due to a surge in usage that exceeded the company's capacity. This decision, announced by OpenAI CEO Sam Altman, aims to ensure a smooth user experience for existing users.

The increased demand followed the unveiling of new features at OpenAI's first developer day, including the latest version of ChatGPT, GPT-4 Turbo, which offers multimodal capabilities for text and image processing. Additionally, the ability to create custom GPTs sparked a wave of innovative applications, attracting a broad audience, including those without software development experience. However, the platform faced challenges, such as a distributed denial-of-service (DDoS) attack, causing periodic outages.

OpenAI's move to pause new subscriptions reflects its commitment to maintaining service quality amidst growing interest and the challenges of scaling AI technologies. The company also updated its terms of service, consolidating its commercial offerings and setting a deadline for users to agree to the new terms or delete their accounts.

#ChatGPTSystemStrain


Fashion: Ledger Partners With FVCKRENDER for Limited Edition Bundle

Ledger, a global leader in digital asset security, has collaborated with the tech-digital artist FVCKRENDER to launch an exclusive, limited-edition bundle. This unique offering includes a specially crafted Ledger Nano X, designed by FVCKRENDER, featuring a glossy chrome finish and laser-etched avatar art. The bundle also contains a Ledger x LVCIDIA Finery cap, innovatively designed with pockets to hold the Ledger Nano X.

Priced at €199/$199, only 100 units of this collector's item will be available for purchase exclusively on Ledger's website. This collaboration represents a fusion of cutting-edge security and artistic flair, marking a significant step in the convergence of digital art and physical product design.

Ian Rogers, Chief Experience Officer at Ledger, expressed pride in the partnership, emphasizing Ledger's commitment to supporting digital ownership in various forms, including digital art.

The design details, including the choice of chrome material and bold orange color, reflect a digital sensibility and stand out from other Ledger products. This initiative builds on Ledger's dedication to providing secure digital asset solutions while also offering a unique style statement for digital asset owners.

#LedgerxFVCKRENDER

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