Interesting point from Gary Marcus which feels particularly relevant when you consider how crisis ridden the end of the low interest era for Netflix was and may be again, if their current rally isn’t sustained:
The choice is not between them building AI or not, it is between them building AI for free or building AI by paying for their raw materials, doing what lots of companies like Netflix and Spotify do routinely: licensing copyrighted materials that they commercialize. OpenAI knows this full well. Even as OpenAI implied to the House of Lords that “free” was the only option, behind the scenes they were busy negotiating licenses. Given how many different kinds of copyrighted works they are drawing on, and from how many vendors (many media outlets, many book publishers, many film studios, etc), and given how commercial their usage is of those sources, the licensing costs may quickly mount.
https://garymarcus.substack.com/p/openais-got-99-problems-and-twitch?utm_source=post-email-title&publication_id=888615&post_id=141100337&utm_campaign=email-post-title&isFreemail=true&r=hcf3&utm_medium=email
Mark Carrigan 