High-Stakes Showdown: Publishers Insist on Billions in Payments as AI Platforms Grapple with Business Model
Portfolio Pulse from Anusuya Lahiri
IAC Inc, New York Times Co, News Corp, and other publishers are forming a coalition to address concerns about AI platforms, considering a lawsuit and legislative action. The coalition is discussing a possible settlement where AI companies would pay for publishers' training data access. However, there is disagreement on the payout amount, with publishers believing it should be in the billions of dollars. Google and other tech companies claim they are yet to figure out a viable business model for AI due to high costs.
July 24, 2023 | 1:19 pm
News sentiment analysis
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NEGATIVE IMPACT
Google is one of the AI companies that the coalition is considering taking action against. The outcome could impact Google's business model and costs.
As one of the AI companies that the coalition is considering taking action against, Google's business model and costs could be impacted. The potential requirement to pay for publishers' training data could increase Google's costs.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Alphabet Inc, Google's parent company, could be impacted by the coalition's actions. The outcome could affect Alphabet's business model and costs.
As the parent company of Google, one of the AI companies that the coalition is considering taking action against, Alphabet's business model and costs could be impacted. The potential requirement to pay for publishers' training data could increase Alphabet's costs.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
IAC Inc is playing a prominent role in the coalition formed to address AI platform concerns. The outcome of the coalition's actions could impact IAC's business model and revenues.
As a leading member of the coalition, IAC's business model and revenues could be impacted by the outcome of the coalition's actions. However, the impact is uncertain at this stage.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
News Corp is part of the coalition formed to address AI platform concerns. The outcome of the coalition's actions could impact NWSA's business model and revenues.
As a member of the coalition, NWSA's business model and revenues could be impacted by the outcome of the coalition's actions. However, the impact is uncertain at this stage.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
New York Times Co is part of the coalition formed to address AI platform concerns. The outcome of the coalition's actions could impact NYT's business model and revenues.
As a member of the coalition, NYT's business model and revenues could be impacted by the outcome of the coalition's actions. However, the impact is uncertain at this stage.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80