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The AI-Powered Music Composer!

Reading Time: 2 minutes

Music has been an integral part of human culture for centuries, and its creation has undergone a massive transformation over the years. With advancements in technology, we have now seen the rise of AI-powered music composers. One such example is AIVA, an artificial intelligence-based music composer that is revolutionizing the music industry.

AIVA, which stands for “Artificial Intelligence Virtual Artist,” uses deep learning algorithms to compose original pieces of music. It was created by Pierre Barreau and is backed by a team of engineers and musicologists. AIVA is trained in over 30,000 pieces of classical music and can create music in various genres, including classical, jazz, and rock.

One of the standout features of AIVA is its ability to generate unique pieces of music that are entirely on their own. It can even adapt to different styles, creating pieces that are similar in feel to those of well-known composers like Beethoven, Mozart, and Bach. This makes AIVA an ideal tool for music producers, filmmakers, game developers, and other creatives who need high-quality, original music.

At this point, we should ask if AIVA or any other AI tool could steal musicans job?

For now and close future … No!
Music is not just about technical proficiency, but also about creativity, emotion, and cultural context, which are elements that AI still struggles to replicate. Therefore, while AI may change the way music is created and produced, it is unlikely to completely replace human musicians shortly.
But if AI learns how to perceive things excatly like human being basically every human job is in danger… so no stress 🙂

Another notable aspect of AIVA is its ease of use. With just a few clicks, users can input the desired mood, genre, and length of the composition, and AIVA will generate a piece of music to match. The output is then available for immediate download, making it easy to incorporate into projects.

AIVA has been praised for its ability to generate high-quality music that is comparable to that created by human composers. It has even been used in several films, commercials, and video games, demonstrating its versatility and potential as a creative tool.

In conclusion, AIVA is a game-changing technology in the world of music composition. With its deep learning algorithms and ability to generate unique pieces of music, it has the potential to revolutionize the way we think about music creation. Whether you’re a filmmaker, game developer, or simply a music lover, AIVA is worth to check out!

sources: https://muno.pl/news/przemysl-muzyczny-coraz-bardziej-obawia-sie-sztucznej-inteligencji/

https://www.aiva.ai/about

also worth checking another AI music generators

Monthly Subscription Payments for Car’s Extra Features

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An Innovative Solution for Modern Drivers or a way for Car companies to get more money from drivers?

In the past car companies had a simple business model… Produce a great car and then sell it for a fair price to customers. This principle was followed for years up to the 10s of the twenty-first century.

What happened then?

Many ecological issues with naturally aspirated engines that produce huge amounts of carbon footprint and rising gas prices provide car companies to down-size engines and put turbos inside small engines. Until then turbos were well-known for supporting strong engines in sports cars like for example Porsche 911 Turbo, but times changed.

These days, any petrolhead will tell you that those underpowered turbocharged engines are terrible. Right now, we see that these very breakdown vehicles can’t go more than 200,000 kilometers without paying a lot of money for a turbo rebuild or even an engine replacement.

Many people consider that it’s a result of changing the policy of companies from,, We want our cars to be unbreakable for years “ to ,, Pay us frequently for car service, and then maybe you will be able to drive”. That’s an easy deal when the car is well built then the company after selling it to the customer, cannot make a profit in the future from this vehicle.

Car enthusiasts like me began to suspect that companies are doing this just to make more profit. After a few years, we are in 2023 and car companies are going even further with money-making.

In this article, I will tell you something about what divides the opinions of many drivers all over the world.  

New vehicles are now equipped with connected features such as heated seats and assisted driving. These extra features can be enabled or disabled by the automaker through a wireless connection to the internet and can be accessed through either a monthly or annual subscription fee, or a one-time charge. This shift presents an opportunity for automakers to increase their revenue, but it also has the potential to anger customers if certain features are locked behind a paid subscription.

According to a report from McKinsey & Co, revenue from connected cars could reach $550 billion by 2030, up from $64 billion in 2020. Automakers like General Motors and Stellantis aim to generate billions from software and services from their connected vehicles. However, a survey conducted by Cox Automotive showed that only 25% of people were willing to pay subscription fees for in-car services. The majority of buyers expect features and services to be part of the total purchase price.

One company that is offering a different approach to connected car upgrades is Polestar. They are offering a $1,595 over-the-air upgrade that adds 68 horsepower and 15 lb-ft of torque to the Polestar 2 electric car. This upgrade is a one-time purchase and stays with the car, potentially increasing its value. On the other hand, Mercedes-Benz is offering a similar Acceleration Increase option as an annual subscription.

In South Korea, BMW faced backlash when they offered a heated-seat subscription plan for $18 per month. This plan has since been dropped and heated seats will now be enabled from the start.

In addition, it terrifies many people that cars are connected to the network. However, as we see it’s a big deal when a car company can influence features in cars. It’s good to mention that we have seen good and not money-motivated instances provided by Tesla in the past. When an Irma Hurricane was ravaging Florida in 2017, Tesla remotely uploaded some free updates to the cars of their customers to give their cars more mileage range to help them escape an endangered area.

As the shift to connected and autonomous vehicles continues, automakers need to consider their approach to offering extra features and services. A one-time purchase option, like Polestar’s, has the potential to increase customer satisfaction and the value of the vehicle. On the other hand, locking features behind a monthly or annual subscription fee could result in customer frustration. It will be interesting to see how automakers navigate this new landscape and find the right balance between boosting revenue and keeping customers happy.

Sources:

https://moto.wp.pl/tesla-pomaga-uciec-przed-huraganem-zdalnie-wydluzyla-zasieg-samochodow-6164954645579905a

https://www.theglobeandmail.com/drive/mobility/article-monthly-subscriptions-are-a-great-way-for-car-companies-to-make-their/

Future of digitalization in governments

Reading Time: 2 minutes

Digitization is noticeable everywhere, it provides many improvements, nowadays it’s common that you can easily set up your company or settle taxes, without moving from your home. Innovation is still going forward and in this blog, I will shortly introduce you to the newest solution on the market.

The California Department of Motor Vehicles (DMV) is testing the digitization of vehicle ownership documents in the form of NFTs on the Tezos network. This project is a partnership between the DMV, Tezos, and the cryptocurrency software developer Oxhead Alpha. The DMV is a state agency that handles the registration of motor vehicles and boats and issues driver’s licenses.

California DMV’s Director of Digitalization, Ajay Gupta, stated that the agency intends to fully digitize its database of vehicle ownership documents. The entire process is expected to be completed within three months.

The initiative also aims to make the process of transferring vehicle ownership easier. The DMV is currently undergoing private beta testing on the Tezos network.

What are the advantages of the digitalization of vehicle ownership documents?

Increased efficiency: Digitization of vehicle ownership documents allows for faster and more efficient processing of transactions and eliminates the need for physical paperwork.

Increased accessibility: Digital documents can be accessed and shared easily, making it easier for individuals and businesses to manage and transfer vehicle ownership.

Faster transaction: Digitization of vehicle ownership documents reduce the time taken for the transaction to complete as the physical paperwork is not required.

And one of the most important: Improved security provided by NFT documents based on a blockchain makes Digital documents even more secure with encryption and other security measures, reducing the risk of fraud or tampering.

Why blochchain?

Blockchain is considered safe because it uses cryptographic algorithms to secure its data. Each block in the chain contains a unique digital signature that verifies its authenticity and links it to the previous block. Once data is added to the blockchain, it cannot be altered or deleted without the consensus of the network participants. This creates a secure and tamper-proof ledger that is decentralized and distributed across multiple nodes, making it nearly impossible for a single party to manipulate the data. This technology cancels most of the possibility to steal or fake important documents.

Another thing is that via blockchain it will be much easier to track the history of the car according to crashes, repairs, services, and car mileage over the different states. Which was quite hard to grasp in the traditional method.

California is a hub of innovation in the United States and a state agency utilizing such technology is a significant step for citizens. State authorities have previously demonstrated an openness to new technologies. I hope in the near future we will see more gov initiatives like this.

Sources:

https://cointelegraph.com/news/california-dmv-to-digitize-car-title-management-system-via-tezos

https://www.theregister.com/2023/01/28/california_dmv_blockchain/

Will the NFT market End in a Crash?

Reading Time: 4 minutes

It’s no secret that the NFT market has been exploding recently, with prices for some digital assets reaching dizzying heights. But with any market, there is always the possibility of a crash. In this blog post, we’ll be taking a look at what an NFT crash might look like and how it could affect the market. We’ll also be exploring the pros and cons of investing in NFTs and what to do if an NFT crash occurs. So if you’re wondering whether the NFT boom will end in a crash, then keep reading to find out more!


Introduction to NFTs
You probably heard about NFTs, but to remind some people who have no internet connection: Non-fungible tokens, or NFTs, are digital assets that are stored and traded on blockchain networks. Unlike other cryptocurrencies, which are all interchangeable, NFTs are unique and cannot be replicated. This makes them incredibly valuable and has led to a surge in demand for these digital assets. NFTs have also been used to create art, music, and other content, and they can be used to purchase digital assets like in-game items or collectibles.

What is an NFT Crash?
An NFT crash is when the market value of NFTs suddenly and drastically decreases. This could be attributed to a variety of factors, such as a decrease in demand, a decrease in supply, or economic instability. In the same way that stock markets can crash, NFTs can also suffer a crash.

What Could Cause an NFT Crash?
There are a few different factors that could lead to an NFT crash. One potential cause is a decrease in demand for NFTs. This could be because the NFT market is relatively new and could be subject to fads and trends, meaning that if the hype around NFTs dies down, then so too could the demand.
Another cause of an NFT crash could be a decrease in supply. If the number of NFTs available on the market decreases, then the value of each NFT could drop. This could be because developers may be less willing to create new NFTs for the market, or because the blockchain network on which the NFTs are stored is experiencing issues.
Finally, economic instability could also be a cause of an NFT crash. If the global economy takes a turn for the worse, then investors may be less willing to purchase NFTs, and the value of digital assets could suffer as a result.

The Potential Effects of an NFT Crash
If the NFT market were to crash, then it could have several effects on the market. Firstly, the value of existing NFTs could drop significantly, meaning that those who have invested in digital assets could suffer financial losses.
Furthermore, an NFT crash could also lead to a decrease in the number of developers creating new NFTs. This could lead to a decrease in the variety of NFTs available on the market, which could harm the market as a whole.
Finally, an NFT crash could also lead to a decrease in overall trust in the NFT market. This could mean that investors are less likely to invest in NFTs, which could lead to a decrease in the value of digital assets

The Pros and Cons of Investing in NFTs
The NFT market has seen a lot of growth in the past, and this has led to some investors wonder whether it is worth investing in these digital assets. As with any investment, there are both pros and cons to consider.
One of the pros of investing in NFTs is that they are unique and cannot be replicated. This means that if you invest in an NFT, then you know that you own something truly one-of-a-kind. Furthermore, NFTs can also be used to purchase in-game items or other digital assets, meaning that they can be used as a form of currency.
On the other hand, one of the cons of investing in NFTs is that they are subject to market volatility. As the NFT market is relatively new, it is subject to a lot of fluctuations in price, meaning that there is a risk of financial losses if the value of the NFT drops.  

Is It Possible to Make Money from an NFT Crash?
It is possible to make money from an NFT crash, but it is also possible to lose money as well. If you are able to predict when an NFT crash is likely to occur, then you could be in a good position to make some money.
For example, if you are able to sell your NFTs before the crash occurs, then you could make a profit. On the other hand, if you are unable to predict when the crash will occur, then you could potentially suffer financial losses.
It is also important to remember that an NFT crash could potentially lead to a decrease in demand for NFTs, meaning that you may be unable to sell your NFTs for a profit even if you are able to predict when the crash is likely to occur.

What is the Future of NFTs?
The future of NFTs is uncertain, but it is likely that the digital assets will remain popular in the coming years. The NFT market is still relatively new, and this means that it is subject to a lot of fluctuations in price.
However, NFTs are also becoming increasingly popular as more people become aware of the digital assets and the potential they have. As such, it is likely that the NFT market will continue to grow in the years to come, even if there is the potential for an NFT crash.

Conclusion
In conclusion, it is possible that the NFT market could suffer a crash in the future also there are some potential causes for an NFT market to crash. NFT was a great opportunity for many people to break the bank and fastly get huge revenues, but the moment when NFTs would be a stable environment to invest is when fashion will pass away and the real usability of NFTs will come.

https://www.investopedia.com/pros-and-cons-of-investing-in-nfts-5220290

https://nftlately.com/the-nft-market-crash-and-what-you-should-know/