Showing posts with label Craig Peters. Show all posts
Showing posts with label Craig Peters. Show all posts

Friday, May 30, 2025

It’s too expensive to fight every AI copyright battle, Getty CEO says; Ars Technica, May 28, 2025

 ASHLEY BELANGER , Ars Technica; It’s too expensive to fight every AI copyright battle, Getty CEO says


[Kip Currier: As of May 2025, New York Stock Exchange (NYSE) data values Getty Images at nearly three-quarters of a billion dollars.

So it's noteworthy and should give individual creators pause that even a company of that size is publicly acknowledging the financial realities of copyright litigation against AI tech companies like Stability AI.

Even if the courts should determine that AI tech companies can prevail on fair use grounds against copyright infringement claims, isn't there something fundamentally unfair and unethical about AI tech oligarchs being able to devour and digest everyone else's copyrighted works, and then alchemize that improperly-taken aggregation of creativity into new IP works that they can monetize, with no recompense given to the original creators?

Just because someone can do something, doesn't mean they should be able to do it.

AI tech company leaders like Elon Musk, Sam Altman, Mark Zuckerberg et al would never stand for similar uses of their works without permission or compensation. 

Neither should creators. Quid pulchrum est (What's fair is fair).

If the courts do side with AI tech companies, new federal legislation may need to be enacted to provide protections for content creators from the AI tech companies that want and need their content to power up novel iterations of their AI tools via ever-increasing amounts of training data. 

In the current Congress, that's not likely to happen. But it may be possible after 2026 or 2028. If enough content creators make their voices heard through their grassroots advocacy and votes at the ballot box.]


[Excerpt]

"On Bluesky, a trial lawyer, Max Kennerly, effectively satirized Clegg and the whole AI industry by writing, "Our product creates such little value that it is simply not viable in the marketplace, not even as a niche product. Therefore, we must be allowed to unilaterally extract value from the work of others and convert that value into our profits."

Tuesday, December 3, 2024

Getty Images CEO Calls AI Training Models ‘Pure Theft’; PetaPixel, December 3, 2024

MATT GROWCOOT , PetaPixel; Getty Images CEO Calls AI Training Models ‘Pure Theft’

"The CEO of Getty Images has penned a column in which he calls the practice of scraping photos and other content from the open web by AI companies “pure theft”.

Writing for Fortune, Craig Peters argues that fair use rules must be respected and that AI training practices are in contravention of those rules...

“I am responsible for an organization that employs over 1,700 individuals and represents the work of more than 600,000 journalists and creators worldwide,” writes Peters. “Copyright is at the very core of our business and the livelihood of those we employ and represent.”"