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Watch: OpenAI's media deal rush continues with FT deal

Apr 30, 2024 - techcrunch.com
OpenAI has secured a new content deal with the Financial Times (FT), which goes beyond a simple exchange of words for money. The partnership will see FT.com links appearing in ChaptGPT in the future, and indicates that OpenAI, backed by Microsoft, is further solidifying its ability to ingest training material without legal risk, while also beginning to compensate the providers of such material.

However, there are concerns that AI companies, after consuming vast amounts of training data, may start charging for it, making the path more difficult and costly for other AI companies wishing to follow suit. This could potentially lead to an oligopoly, with the future of AI controlled by a few wealthy companies. There is also a need to ensure fair compensation for media companies that invest heavily in reporting and writing.

Key takeaways:

  • OpenAI has secured a new content deal with the Financial Times, which will involve a deeper partnership rather than a simple exchange of content for money.
  • This deal is part of a series of agreements that OpenAI, backed by Microsoft, is making to legally secure training material for its AI and start compensating the providers of this material.
  • There is a concern that AI companies may make it more difficult and expensive for other companies to follow in their footsteps by paying for training data after they have already used large amounts of it.
  • The situation raises questions about fair payment for materials used in AI training, and the risk of the future of AI being controlled by a small number of wealthy companies.
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