AI Goes to Court

[The Bleeding Edge]( AI Goes to Court By Colin Tedards, Editor, The Bleeding Edge Dear Reader, On July 13, OpenAI signed a deal with the Associated Press (AP) to license its archive of news articles. Founded in 1846, the AP archives are a huge trove of accurate and licensed content for OpenAI’s ChatGPT to consume. The accuracy of AI models like ChatGPT depend on the availability of large and diverse datasets. These datasets allow the AI systems to learn patterns, make predictions, and generate valuable insights. The more robust and high-quality the data, the better AI models become. Therefore, the success of AI applications hinges upon the value of large datasets. The timing of the deal is no accident either. ChatGPT is facing several lawsuits from authors, like Sarah Silverman, Christopher Golden, and Richard Kadrey. And a class action lawsuit claims ChatGPT secretly scraped 300 billion words from the internet, including books, websites, and posts. 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What’s becoming clear is that the best AI will come from companies with the (legal) access to the biggest and highest quality datasets. And as investors, that’s important for us to understand. For a few reasons… Recommended Link [The Real Reason They Murdered JFK?]( [image]( Some people believe JFK was murdered because of his executive order 11110 that would have reduced the power of the Federal Reserve. Regardless if that’s true or not… The Fed is now involved in a new controversy that could have drastic consequences for the US dollar. [Click here to see the details]( because if you wait until July 26, it could be too late…. And you could end up holding a bunch of worthless dollars. [Click here to get all the details before it’s too late.]( -- Break Things Move fast and break things. For decades, that’s been the rallying cry of Silicon Valley. It speaks to the need to be the first to get a product out… even if that means the code isn’t perfect. Elon Musk even carried it over into the aerospace industry with SpaceX. It's blown up five rockets to date. But breaking things worked out. In 2016, SpaceX perfected the science of landing a reusable rocket on a pad. Since 2020, SpaceX has brought 34 astronauts to space – safely. Breaking things may work, but breaking the law is a step too far. That’s the situation many AI companies could find themselves in. The mounting lawsuits against OpenAI and other developers is making enterprises wary of using publicly available AIs. That’s why Adobe and Shutterstock are offering to protect enterprises from legal troubles. Adobe and Shutterstock are both offering indemnity clauses that will pay any copyright claims related to works generated by their AI tools. They can offer this sort of protection because they have rights to a combined 670 million images to train their AIs on. Data is the lifeblood of AI. And companies that have access to the most high-quality data will be able to win over enterprise clients. Recommended Link [The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty]( [image]( A unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! In fact, Business Insider says this type of investment could provide “enough money to live off of each year, without having any other retirement plan...” “Royalties” are the most exciting investments in history. Put simply, they’re periodic payouts… That could deliver all the money you need for your retirement… While these “royalties” are different from traditional royalties, just one could hand you enough income to live life on your own terms. And it only takes a few minutes to set up. [Learn how to collect your first payout before September 10th.]( -- Finding the Winners Identifying the companies with access to the best and most robust data will be critical in identifying the winners and losers in the AI arms race. Importantly, these companies need to have legal access to this data. Otherwise, AI companies open themselves up to lawsuits like the ones we’re seeing now. If you’re a subscriber to my Exponential Tech Investor service, be on the lookout for this month’s issue hitting your inbox today. It includes a company operating with exclusive data access in a $512 billion industry. Even if you aren’t subscribed to any of my paid newsletters, you still can still profit from this opportunity. I’ve previously recommended Adobe (ADBE) to my readers. Its platforms, like Photoshop and Lightroom, are used by millions of content creators. It recently unveiled Firefly, a generative AI tool that allows users to type out their ideas and let AI do the hard work. And importantly, the copyright protection from Adobe will go a long way in winning enterprise clients over from start-ups like MidJourney that are facing legal battles. Regards, Colin Tedards Editor, The Bleeding Edge --------------------------------------------------------------- Like what you’re reading? Send your thoughts to feedback@brownstoneresearch.com. IN CASE YOU MISSED IT… [Will YOU Turn In Your Cash?]( Will you turn in your cash? Soon, Americans may have a decision to make – Turn in your cash – or let it expire worthless. According to Dr. Nomi Prins, a pile of smoking-gun documents she’s unearthed, and patents prove we’re on the verge of a complete transformation of our money supply. She says: “The rules are about to change forever. If it plays out the way I expect, cash could become a target as more banks fail and run out of money.” Dr. Prins has recorded a full-length interview to explain the connection between cash and bank failures – and what it means for your money. 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