Jan. 11 (Bloomberg) -- Bloomberg reported today that a number of YouTubers and other digital content creators are now turningUnpublishedvideo clipSold to AI companies to help them train AI algorithmThese creatorsOften making thousands of dollars per transaction.
According to sources close to the situationOpenAI,GoogleAI media company Moonvalley, among others, is making a major push into theHundreds of content creators pay feesto access their unreleased video footage. Since this footage is not publicly available online, theyHighly valuable for training AI algorithmsbecause they haveuniqueness.
Currently, AI companies pay between $1 and $4 (note: currently about Rs. 7.3 to 29.4) per minute of video, which can vary depending on the quality and format of the video. For example.4K video and special formats such as drone footage or 3D animation are often priced higherThe price per minute for most regular videos, such as unused footage for YouTube, Instagram and TikTok, is around $1 to $2 (currently around Rs. 7 to 14.7). And most regular videos, such as unused footage for YouTube, Instagram, and TikTok, cost between about $1 and $2 per minute (currently about Rs. 7.3 to Rs. 14.7).
Last year, companies like OpenAI, Meta, and Adobe introduced AI video generators capable of producing highly realistic videos based on textual cues. However, in order to accomplish this, AI companies need a lot of data to train on, and some of them need toMillions of hours of video content.
Many content creators shoot a lot of video footage each year for YouTube, Instagram, or TikTok videos, but a lot of that footage doesn't end up being published, so creators can't profit from it. By selling this unpublished footage to AI companies, creators can not onlyDiversified sources of incomeIt's still possible.Move beyond a revenue model that relies solely on advertising.
Currently, AI companies are being criticized for the unauthorized use of text, video, and images posted publicly on the Internet, and creators are failing to get the compensation they deserve from them. Last year, news publishers, actors, and content creators filed lawsuits against OpenAI, Meta, NVIDIA, and others, alleging unauthorized use of their intellectual property to build AI models and copyright infringement.