Unlocking the Future: How AI Copyright Licensing Could Revolutionize the GAI Market Overnight
Copyright Licensing Benefits Creativity and the Economy
Core copyright industries contributed $2 trillion to the United States’ GDP in 2023. The significant economic impact of American copyright industries flows from the exclusive rights granted under copyright law and the ability of rights holders to license those rights. Advancement in technology is not an excuse to undermine copyright owners’ rights. Indeed, while past advances in technology, e.g. streaming, raised many questions about the distribution of copyrighted works and licensing, copyright owners—supported by a judicial system that properly recognized their rights—and platforms worked together to answer those questions and develop the vibrant streaming environment we enjoy today.
