Over the last decade, news and digital media have faced steep challenges as many technology companies eroded publishers' ability to monetize content, most recently with traditional search. Our partnership with OpenAI begins to make up for some of that revenue, allowing us to continue to protect and invest in our journalism and creative endeavors.
The move makes Condé Nast the latest in a growing line of publishers who have struck deals with OpenAI. These include The Atlantic, and Axel Springer among others. But not everyone is on board with the idea.
Lynch has been vocal about these concerns. In January, he warned that 'many' media companies could face financial ruin by the time it would take for litigations against AI companies to conclude and called upon Congress to take 'immediate action' to clarify that publishers must be compensated by AI companies for both training and output.
Earlier this month, three senators introduced the COPIED ACT, a bill that aims to protect journalism by potentially requiring compensation from AI companies for using publishers' content.
Collection
[
|
...
]