How the creator economy is evolving with AI | Jim Louderback
Dec 28, 2023 - venturebeat.com
Jim Louderback, CEO of VidCon, discussed the rise of the creator economy and its potential evolution with the advent of artificial intelligence (AI) in an interview at the Web Summit 2023. Louderback noted that while a small number of creators command most of the attention and revenue, a middle class of creators is emerging who can support a decent lifestyle through their content. He also highlighted the potential for AI to help brands work with smaller creators at scale, and to enable creators to level up and build a career. Louderback also suggested the concept of a universal basic income for creators, which could provide a baseline income for creators above a certain level.
Key takeaways:
Jim Louderback, CEO of VidCon, discussed the rise of the creator economy and its potential evolution with the advent of artificial intelligence.
Louderback believes that AI will not put creators out of business, but instead provide new opportunities for them to make more money and extend their capabilities.
He also touched on the idea of a universal basic income for creators, suggesting that platforms or other entities could provide a baseline income for creators above a certain level.
Despite the potential job losses due to AI, Louderback is optimistic about the productivity boost it could bring, potentially leading to a larger economy and possibly even a shorter work week.
