‘The arrival of the internet unleashed a wave of creativity as users found new ways to make and mix culture, but it also delivered an economic blow to authors, musicians and news outlets.’ This illustrates how technological advancement can drive creativity while simultaneously threatening the economic livelihoods of content creators.
‘Now, at the dawn of the AI age, many fear the same type of economic disruption is poised to happen again.’ This emphasizes the cyclical nature of technology impacting creator economies and highlights the looming threat posed by AI.
‘In response, a startup called Story is proposing a radical solution: remaking the intellectual property regime in order to let creators rapidly register their works on a blockchain, and use it to track and distribute royalties.’ This describes an innovative approach to intellectual property rights in the age of AI.
‘S.Y. Lee and Jason Zhao believe that the existing intellectual property regime has struggled to keep up with the fast-changing internet landscape, and that an entirely new approach is necessary to handle the onslaught of AI.’ Their vision showcases the necessity for evolving regulatory frameworks to protect creators in an AI-driven future.
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