Showing posts with label NFTs. Show all posts
Showing posts with label NFTs. Show all posts

Tuesday, June 9, 2026

It’s No Wonder Grads Are Booing Their Commencement Speakers; The New York Times, June 5, 2026

 Molly Jong-Fast , The New York Times; It’s No Wonder Grads Are Booing Their Commencement Speakers

"According to a recent working paper from researchers at Harvard, hiring for entry-level roles at companies that have adopted generative A.I. has dropped each quarter since 2023. What is not clear is whether A.I. is taking people’s jobs or if companies are using A.I. as an excuse for not hiring. Either way, A.I. is not exactly popular with people entering the work force for the first time...

If I were to tell these graduates the truth about artificial intelligence, it would be this: You are right to be worried. But none of this is as inevitable as it seems. Remember putting everything on the blockchain? Remember NFTs? Hell, some of us are old enough to remember that the world was supposed to end in the year 2000.

Right now, A.I. is in its dark hype period — great for Anthropic’s I.P.O. — but who knows how useful any of this actually will be in the end in creating efficiencies (as in, replacing the young with bots). It’s within young people’s power to stop. Demand regulation of tech companies. Elect people who will legislate that regulation. Organize against data centers in your hometowns.

Don’t just boo — do something."

Thursday, May 5, 2022

Trademark and copyright considerations for NFTs; Reuters, May 2, 2022

Sharon Urias, Reuters ; Trademark and copyright considerations for NFTs

"NFTs are mostly used to verify ownership of digital goods. An easy way to understand NFTs is to think of them as unalterable certificates of authenticity for digital goods. For example, if someone purchases a piece of digital art, the NFT acts to validate and verify ownership and authenticity of the artwork. In the "real world," the closest analogy is an autographed original painting that is authenticated by the artist's signature or a certificate of authenticity issued by a reputable source...

One common question asked by clients is whether, when they purchase NFTs, they also obtain the copyright associated with it. The answer is: Not necessarily. It is important to understand what is included in the smart contract that confers the purchaser's rights to the digital asset. Similar to the purchase of a physical painting in our analogy above, although the purchaser has acquired the right to display the work, and to resell it, ownership of the copyright is not automatically conveyed.

The artist owns the copyright unless the author assigns it to the purchaser...

NFTs present interesting and novel questions for trademarks as well...

One of the questions to be resolved is whether traditional trademark legal doctrines, such as the first-sale doctrine, protects a seller, such as StockX, or whether the NFTs are new, distinct products that seek to capitalize on the trademark owners' marks...

It is always challenging for the law to keep pace with the expansion and development of new technologies and innovations. It is no different with NFTs. With the increased growth of NFTs, the need for protection also grows. Although NFTs present many opportunities for businesses, it is essential that NFT sellers clearly delineate in the smart contract what is and is not permitted with respect to intellectual property rights. In that way, both NFT sellers and buyers will be able to protect themselves and best monetize these assets."