In the world of digital media, the rise of artificial intelligence (AI) has led to concerns about the usage of news and information from original creators without any compensation.
This has been a hot topic in the industry, with News Corp Australia’s CEO, Michael Miller, advocating for compensation for original content creators by AI platforms.
- News Corp Australia’s CEO, Michael Miller, believes it’s important for AI platforms to compensate original creators for using their content and information.
- Miller says it’s essential to place a law for AI platforms to compensate all original content creators appropriately for their work.
- Miller believes AI companies and content creators can achieve benefits together with an agreement.
- AI chatbots like ChatGPT must compensate for using news content.
Miller believes that digital companies are using AI to generate a new pot of gold to maximize revenues and profits by taking the creative content and information without remunerating them for their original work.
He thinks it’s important for AI platforms to compensate original creators for using their content and information.
He states that it’s essential to place a law for AI platforms to compensate all original content creators appropriately for their work.
Original creators such as journalists, authors, historians, musicians, and more have the right to be rewarded for their hard work, which gets constantly used by artificial intelligence platforms.
Miller believes that there is a potential for both AI companies and content creators to gain benefit with an agreement instead of simply placing an outright block or banning the tech, which would bring no benefit to either AI companies or original content creators.
The Role of ChatGPT in AI
ChatGPT is one of the most notable AI chatbots currently in the industry. It is a software that gains data, information, and news from various sources to generate responses or outputs to users’ queries.
These chatbots mimic human speech to provide human-like responses.
According to Michael Miller, the rise of generative AI is a powerful step by digital companies to generate a new pot of gold to maximize revenues and profits by taking the creative content and information without remunerating them for their original work.
Using OpenAI as an example, Miller stated that the company has rapidly established a business worth about $30 billion by utilizing others’ original content, information, and creativity without compensation and attribution.
This highlights the need for AI platforms to compensate original content creators for their work.
A Similar Code for AI Platforms
A new media bargaining code was implemented in 2021 by the Australian federal government.
The code obliged tech platforms and companies in Australia to compensate news publishers for the original news and information made accessible or linked on their platforms.
Miller believes that a similar code or law is also essential for AI platforms so that all original content creators are appropriately compensated for their work and content.
Potential Benefits of AI for Content Creators
Miller believes that AI platforms can become a valuable journalistic resource with appropriate guardrails.
It can be a great asset in generating content, gathering facts faster, helping publish content on numerous platforms, and might accelerate video production in the future.
The Future of AI
The crypto industry also seems to gain AI interest and is likely to use AI benefits in more projects.
Although currently, they are in the initial stages. According to Miller, AI platforms are likely to face risk in their future success if they cannot persuade the audience that the information and data they distribute are trustworthy and reliable.
Therefore, AI platforms can use original creators to confirm the published content’s reliability, which can help gain users’ belief and trust.
However, they must reimburse the creators for publishing their content and work.