Which news websites are cutting deals with AI.

by
Sharing is Caring!

A little more than a year ago, Barry Diller rallied his fellow media titans to fight artificial intelligence’s march on the publishing business. The time had come, he said, to “absolutely instigate litigation” against the tech companies trying to “scrape our content” and “cannibalize everything.”

“If all the world’s information is able to be sucked up in this maw, and then essentially repackaged … there will be no publishing,” he warned at a media conference in April last year.

See also  Investors’ dreams crumble; high rates shatter hopes, leaving despair in the wake of Wall Street’s unraveling deals.

“If you think that won’t happen,” he added, “you’re just being a fool.”

This month, however, Diller’s IAC — which owns People, Food & Wine and InStyle, among other well-known magazines — signed a “strategic partnership and licensing agreement” deal with Microsoft and OpenAI, the creator of ChatGPT. OpenAI will now be allowed to tap into some of the company’s copious archives, in exchange for providing links (and, theoretically, web traffic) back to the original stories.

See also  Walgreens will close up to 2,150 stores nationwide - which will likely result in a headcount reduction of around 57,000 employees

webcache.googleusercontent.com/search?q=cache:https://www.washingtonpost.com/style/media/2024/05/27/ai-media-barry-diller-iac-nyt/

Views: 80

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.