logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Markets

ChatGPT and AI must pay for the news it consumes

By James Dean
Nov 12, 2024
3.9 
★
★
★
★
★
★
★
★
★
★
 189 User Rating
Share

Creators of artificial intelligence (AI)-driven apps should pay for news and content used to improve their products, the chief executive of News Corp Australia has said.

In an editorial in The Australian on April 2, Michael Miller called on "creators of original news and content" to avoid past mistakes that "destroyed their industry" by allowing tech companies to use their stories and information for free. A chatbot is software that can ingest news, data and other information to generate responses to queries that mimic human written or spoken speech, most notably AI firm OpenAI's ChatGPT-4 chatbot.

According to Miller, the meteoric rise of generative AI represents yet another move by powerful digital companies to develop “a new pot of gold that maximizes revenue and profits by acquiring the creative content of others without paying them for their original work.” In the case of OpenAI, Miller claims the company "quickly built a $30 billion business" by "using other people's original content and creativity, without compensation and attribution."

The Australian federal government implemented the News Media Bargaining Act in 2021, which requires tech platforms in Australia to pay news publishers for news content made available or linked to on their platforms. AI needs similar laws so that all content creators are properly compensated for their work, Miller said. "Creators should be rewarded for their original work to be used by AI engines that attack the style and tone of not only journalists, but (to name a few) musicians, writers, poets, historians, painters, filmmakers, people and photographers."

More than 2,600 technology leaders and researchers recently signed an open letter urging a moratorium on further development of artificial intelligence (AI), fearing "profound risks to society and humanity". Meanwhile, Italy’s data protection watchdog announced a temporary block on ChatGPT and launched an investigation into alleged violations of data privacy rules. Miller argues that both content creators and AI companies could benefit from the agreement, rather than outright blocking or banning the technology.

With "proper guardrails," he wrote, AI has the potential to become a valuable news resource. It can help create content, "gather facts faster," help publish on multiple platforms and can speed up video production. The crypto industry is also starting to see more projects using artificial intelligence, although it is still in its early stages.

Miller argues that if AI engines fail to convince the public that their information is trustworthy and trustworthy, their future success is at risk, adding that "in order to achieve this, they will have to fairly compensate those Someone who provides substance to their success.”

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • Bybit Unleashes AI Power with 'TradeGPT' for Data-Driven Market Analysis

    Bybit Unleashes AI Power with 'TradeGPT' for Data-Driven Market Analysis

    Dubai-based cryptocurrency exchange Bybit has unveiled TradeGPT, a language-based trading tool that harnesses artificial intelligence (AI
    Christopher Smith
    Feb 2, 2026
  • Elon Musk's xAI Seeks SEC Approval for $1B Sale

    Elon Musk's xAI Seeks SEC Approval for $1B Sale

    Elon Musk's AI modeling firm, xAI, has finalized a private agreement to sell unregistered
    Cornell Rachel
    Feb 13, 2025
  • ChatGPT and AI are the latest vectors for malware: Meta Security Team

    ChatGPT and AI are the latest vectors for malware: Meta Security Team

    Artificial intelligence tools such as ChatGPT have become the latest way for "bad actors" to spread malware, scams and spam, warns research from the Meta security team.
    Barry Stidham
    Feb 11, 2025

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
  • White House Admits Federal Bitcoin Fund is Still Delayed

    White House Admits Federal Bitcoin Fund is Still Delayed

    The establishment of the Strategic Bitcoin Reserve has run into severe internal friction regarding which cabinet-level agency holds authority over the asset.
    Martha Grizzard
    Jul 7, 2026
  • Senate Test for Clarity Act Could Spark Crypto Market Volatility

    Senate Test for Clarity Act Could Spark Crypto Market Volatility

    As the U.S. Senate approaches a critical vote on the Digital Asset Market Clarity Act, investment bank Jefferies has cautioned investors that the legislative process will likely trigger heightened volatility across crypto markets.
    Jerry McNeill
    Jul 1, 2026
  • SBI’s $289M Bitbank Deal Signals Japan Crypto Consolidation

    SBI’s $289M Bitbank Deal Signals Japan Crypto Consolidation

    SBI Holdings has solidified its domestic dominance by agreeing to acquire all shares of Bitbank in a transaction valued at ¥46.7 billion ($289 million), according to the company’s official disclosure.
    Cornell Rachel
    Jun 29, 2026
  • Invesco Files for Tokenized Fund to Back Stablecoin Reserves

    Invesco Files for Tokenized Fund to Back Stablecoin Reserves

    Invesco has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch the Invesco Stablecoin Reserves Onchain Fund, a new vehicle designed to offer stablecoin issuers a compliant way to manage their collateral.
    Martha Grizzard
    Jun 26, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Space and Time
Space and TimeSXT

$0.0105

+34.31%
Billions Network
Billions NetworkBILL

$0.0600

+24.78%
TRIA
TRIATRIA

$0.0102

+24.18%
Collector Crypt
Collector CryptCARDS

$0.1672

+17.27%
Bitlight
BitlightLIGHT

$0.1281

+13.86%

Top Trending

View more
Lido DAO
Lido DAOLDO

$0.3265

+5.19%
Alephium
AlephiumALPH

$0.0399

-1.75%
Curve DAO
Curve DAOCRV

$0.2235

+8.18%
Hyperliquid
HyperliquidHYPE

$63.8370

-2.61%
Block Street
Block StreetBSB

$0.1378

+12.48%

Recently added

View more
SK Hynix
SK HynixSKHYB

$163.500

+5.22%
Cash Cat
Cash CatCASHCAT

$0.1838

+12.03%
Cerebras
CerebrasCBRSB

$207.030

-0.12%
Invesco QQQ Trust
Invesco QQQ TrustQQQB

$717.000

-0.13%
Palantir
PalantirPLTRB

$128.330

+0.67%

Learn

View more
  1. 1What Is Cross-Chain Interoperability? How Does It Function?
  2. 2What is OUSD? How Does Open USD Work for Digital Payments?
  3. 3What Are Keyloggers? How Do They Drain Your Crypto?
  4. 4What is Maximal Extractable Value in crypto? How Do We Avoid MEV?
  5. 5Crypto Trading Bots: What Are They and How Do They Work?
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com