Oscar-winning actor and singer Jared Leto has recently invested in a generative AI startup, adding to the growing list of celebrities delving into the controversial world of artificial intelligence. Meanwhile, the tech industry is bracing for a $1.3 trillion surge in AI spending, driven by advancements in the field.
Hollywood actor Jared Leto has joined the ranks of celebrities investing in artificial intelligence startups, a move that has sparked mixed reactions in the entertainment industry. Leto's investment in Captions, a generative AI startup, comes as the ethical concerns surrounding the technology continue to be debated.
Captions is a company that uses AI to generate realistic images, videos, and text. The startup recently raised $500 million in funding, with Leto being one of its investors. Leto's investment has raised eyebrows, given that other celebrities have spoken out against AI, calling for its development to be shut down.
![Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/07/1440/810/JaredLeto.jpg?ve=1&tl=1 2x)
Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending
Some critics argue that AI poses significant risks to society, including concerns about potential job losses and bias in AI algorithms. They also raise ethical questions about the use of AI for surveillance and other intrusive purposes.
Despite the controversy, Leto's investment highlights the growing interest in AI among the entertainment industry. AI is increasingly being used in film and TV production, from scriptwriting to visual effects.
![Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/07/1440/810/JaredLeto-2.jpg?ve=1&tl=1 2x)
Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending
The tech industry is gearing up for a massive surge in AI spending, estimated to reach $1.3 trillion by 2030. This growth is being driven by advances in AI capabilities, such as natural language processing and computer vision.
Jessica Amir, a market strategist at Moomoo, argues that the recent tech selloff is a temporary pullback and that the long-term outlook for AI remains strong. She compares AI to a "freight train" that is unstoppable.
![Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/07/1440/810/1-The-future-of-security-just-rolled-in-and-her-name-is-Athena.jpg?ve=1&tl=1 2x)
Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending
"AI is the future of technology," Amir said. "It has the potential to revolutionize every industry, from healthcare to finance to transportation."
The growth in AI spending is expected to fuel a wave of innovation and investment in the tech sector. Companies are racing to develop AI-powered products and services, such as AI-powered chatbots, self-driving cars, and medical diagnosis tools.
![Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/07/1440/810/6-The-future-of-security-just-rolled-in-and-her-name-is-Athena.jpg?ve=1&tl=1 2x)
Jared Leto Invests in AI Amidst Controversy, Tech Sector Prepares for Massive Spending
Developed by Kody Robots, Athena is a cutting-edge AI-powered security robot that is transforming the world of surveillance. Athena combines advanced AI with mobility and adaptability, making it the ideal solution for a wide range of security applications.
Athena is equipped with a suite of AI algorithms that enable it to detect and respond to security threats in real-time. The robot can analyze video footage, identify suspicious individuals, and issue alerts. It can also patrol autonomously, adapt to changing environments, and communicate with other security systems.
Athena's advanced AI capabilities make it an indispensable tool for enhancing security in various settings, including airports, shopping malls, and corporate campuses. The robot can help reduce the risk of crime, improve response times, and free up human security guards for other tasks.