Create a set from a list using `set` vs. unpacking into curly brackets

Question

In Python, a set can be created from a list using either the set constructor or by unpacking the list into curly brackets. For example:

my_list = [1, 2, 3]
my_set = set(my_list)

or

my_list = [1, 2, 3]
my_set = {*my_list}

Are there any specific reasons or use cases where one approach is preferred over the other? What are the advantages or disadvantages of each method in terms of performance, readability, or any other relevant factors?