Mon Aug 28 2023

Instacart and Klaviyo IPOs:

• Instacart filed for IPO with a valuation of $13 billion, while Klaviyo filed with a valuation of around $9.5 billion.
• Jason prefers Klaviyo over Instacart at that price due to its higher margins, lock-in, and less competition.
• Instacart's delivery service is slower compared to Uber Eats and DoorDash, which offer faster delivery options.
• Amazon's same-day delivery service poses competition to Instacart in certain areas.

Writers suing OpenAI and Meta:

• Comedian and author Sarah Silverman sued OpenAI and Meta separately for copyright infringement as their AI models were trained on her 2010 memoir without permission or compensation.
• Other notable authors like Stephen King, Mona Awad, and Paul Tremblay have also sued OpenAI for using their works in training datasets without consent.
• The argument against the lawsuits is whether the use of these works harms the authors' interests or if it can be considered fair use.

Analysis of Stephen King's take on AI training:

• Stephen King wrote about his perspective on AI training using copyrighted materials in an article published in The Atlantic.
• He acknowledges that pirated copies of books are available online through platforms like Google Drive and shadow libraries.
• Language models inadvertently crawl the web and include copyrighted content in their training data.
• There may be rogue individuals within organizations like OpenAI who intentionally scrape copyrighted material from sources like Twitter or PDFs found on the web.
• The argument revolves around whether harm is being done to authors' ability to make a living or create new products based on their work.

Potential business opportunities arising from AI-generated content:

• New products could emerge where users pay authors like Stephen King for access to an AI platform that generates customized stories based on user preferences.
• Curators could collaborate with AI systems to create fan fiction or mashups involving popular authors' works.
• Licensing fees could be introduced, allowing language models to access a corpus of books from publishers for training purposes.

Negotiations and discussions on fair compensation:

• The industry may need to come together to determine the value being created through AI training and establish reasonable licensing fees or compensation structures.
• Technologists should consider the ramifications of their actions and engage in conversations about what constitutes fair use and fair compensation for copyrighted materials.