this post was submitted on 19 Jan 2024
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The NYT has a market cap of about $8B. MSFT has a market cap of about $3T. MSFT could take a controlling interest in the Times for the change it finds in the couch cushions. I’m betting a good chunk of the c-suites of the interested parties have higher personal net worths than the NYT has in market cap.
I have mixed feelings about how generative models are built and used. I have mixed feelings about IP laws. I think there needs to be a distinction between academic research and for-profit applications. I don’t know how to bring the laws into alignment on all of those things.
But I do know that the interested parties who are developing generative models for commercial use, in addition to making their models available for academics and non-commercial applications, could well afford to properly compensate companies for their training data.
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Or Musk when he decided he didn't like what people were saying on Twitter.
I completely agree. I don’t want them to buy out the NYT, and I would rather move back to the laws that prevented over-consolidation of the media. I think that Sinclair and the consolidated talk radio networks represent a very real source of danger to democracy. I think we should legally restrict the number of markets a particular broadcast company can be in, and I also believe that we can and should come up with an argument that’s the equivalent of the Fairness Doctrine that doesn’t rest on something as physical and mundane as the public airwaves.