HomeAI BusinessIs the UK's Creative Industry at Risk? Getty Images CEO Speaks Out!

Is the UK’s Creative Industry at Risk? Getty Images CEO Speaks Out!

Rishi Sunak Faces Dilemma: Support Creative Industries or AI Boom?

Craig Peters of Getty Images has come out swinging, criticizing the UK’s decision to favor AI over the creative industry. He argues that betting on AI, which makes up less than 25% of the UK’s GDP, as opposed to the massive 10% attributed to the creative industry, is a risky and “perplexing trade-off.”​​​

The UK government’s initial proposal to recognize the importance of copyrighted material for AI fell short of expectations, according to Peters. The US is currently grappling with similar issues, with lawsuits by companies like the New York Times against AI developers for using their material without consent.

Getty Images, in partnership with Nvidia, has developed its own image generating AI set trained exclusively on licensed imagery, proving that AI can be developed while maintaining copyright requirements. This calls into question the justification for the use of copyrighted materials without licenses by AI companies.

There is a growing number of legal actions taking place against AI companies over potential infringement in their training data. Ultimately, the decision on how to regulate the use of copyrighted material for AI is still up in the air, and will not eliminate AI models already operating on the internet.

What do you think about this issue? Is the government making the right choice in prioritizing AI over the creative industries? Let us know your thoughts in the comments.

IntelliPrompt curated this article: Read the full story at the original source by clicking here

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