Image: Jeenah Moon/Reuters
Like a culinary student using recipes without crediting the chef, the NY Times isn’t thrilled about Perplexity using its articles to train AI models without permission. The newspaper this week sent a cease-and-desist letter to the Jeff Bezos-backed AI search engine startup, demanding they stop accessing content from its site.
Perplexity says it doesn’t scrape content for AI training, but also argues that “no one organization owns the copyright over facts” to defend what it says is “indexing web pages and surfacing factual content.”
The NY Times previously sued OpenAI and Microsoft, claiming they used millions of its articles to train their AI systems.
🤖 Zoom out: As data-hungry AI models from Google, OpenAI, TikTok (who recently launched a massive data scraper), etc. scour the web for indexing purposes and to grab more “free” information for training, companies and content creators upset over these practices are driving things to a head. An analysis of 20 AI copyright lawsuits reveals a critical concern – namely, the lack of clear guidelines and fair compensation for copyrighted material used by AI companies – that the legal system will have to reconcile in some way, shape, or form.
🏘️ Average 30-yr mortgage rates remain stubbornly high (6%-7%) – but more Americans are turning to “assumable mortgages,” which can unlock rates closer to 2%-3%.
✈️📉 Boeing is taking a $5B charge this quarter and plans to layoff 10% of workers (~17K people), in a bid to cut costs amid increasing company-wide woes.
💰📉 The US Consumer Price Index (2.4% in Sept.) fell for a 6th consecutive month to reach its lowest level since early 2021, though last month’s reading topped economists’ forecasts.
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