Link: Sources: OpenAI, Google, and other companies are collectively paying hundreds of content creators for access to their unpublished videos to train AI models (Aisha Counts/Bloomberg)

YouTube, Instagram, and TikTok creators are now selling their unused video footage to AI companies like OpenAI and Google, turning what would be idle digital assets into lucrative deals.

These exclusive videos, unused and unpublished elsewhere, are immensely valuable for the development and training of artificial intelligence algorithms.

Depending on the video quality and format, AI companies are offering between $1 and $4 per minute of footage, with those in higher resolutions such as 4K fetching prices at the upper end of this range.

AI-generated video tools, launched by major tech companies, require vast amounts of data to operate, projecting a continued demand for unique video content.

Dan Levitt from Wasserman sees a short, profitable window for content creators to license their unused footage to AI companies.

However, amidst this burgeoning market, concerns about the unauthorized use of digital content have sparked a number of lawsuits, pressing AI firms to engage in legally sound practices and content licensing.

 #

--

Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.