FT signs partnership with OpenAI amid criticism of web scraping

The Financial Times and OpenAI announced a strategic partnership and licensing agreement to integrate the newspaper’s news business into ChatGPT and collaborate to develop new artificial intelligence products for FT readers. However, just because OpenAI is courting publishers doesn’t mean it won’t scrape information from the web without permission.

Through this deal, ChatGPT users will be able to see selected attribution summaries, citations and rich links to FT news in response to relevant queries. Additionally, the Financial Times became a ChatGPT Enterprise customer earlier this year, providing all staff with the opportunity to become familiar with the technology and benefit from its potential productivity gains.

“This is an important agreement in many ways,” said John Ridding, chief executive of the Financial Times Group. “It recognizes the value of our award-winning journalism and It will give us an early understanding of how to present content through artificial intelligence.”

In 2023, tech companies faced a raft of lawsuits and widespread criticism for allegedly using copyrighted material from artists and publishers to train their artificial intelligence models without proper authorization.

OpenAI, in particular, has caused backlash for using data obtained from the internet to train its GPT model without the consent of the respective content creators. The issue escalated to the point last year when the New York Times filed a lawsuit against OpenAI and Microsoft, accusing them of copyright infringement.

Underscoring the Financial Times’ commitment to human journalism, Riding noted that the agreement will expand the scope of its newsroom’s work while deepening its understanding of readers’ interests.

“As well as the benefits for the FT, this has wider implications for the industry. Of course, it is right that AI platforms pay publishers for the use of their material. OpenAI understands the importance of transparency, attribution and compensation Sex – all this is vital to us.

Earlier this month, the New York Times reported that OpenAI was using scripts from YouTube videos to train its artificial intelligence models. According to the publication, this practice violates copyright law because content creators who upload videos to YouTube retain copyright ownership of the material they create.

However, OpenAI maintains that its use of the online content complies with fair use principles. The company, like many other tech companies, believes its large language models (LLMs) transform information gleaned from the web into new and unique creations.

In January, OpenAI claimed to a British parliamentary committee that it would be “impossible” to develop today’s leading artificial intelligence systems without using vast amounts of copyrighted data.

OpenAI chief operating officer Brad Lightcap expressed his enthusiasm for the partnership with the Financial Times: “Our partnership and ongoing dialogue with the Financial Times is about finding creative and productive ways for artificial intelligence to enhance news organizations and journalists. capabilities, and enrich the ChatGPT experience through real-time, real-time, and rich ChatGPT experience.

The agreement between OpenAI and the Financial Times is the latest in a series of new collaborations between OpenAI and major news publishers around the world.

While the financial details of these contracts have not been disclosed, OpenAI’s recent partnerships with publishers will allow the company to continue training its algorithms on web content, but the key difference is that it now has the necessary permissions to do so.

Riding said the FT values ​​”the opportunity to participate in the development cycle when people discover content in new ways.” He acknowledged that transformative technologies such as artificial intelligence have the potential for major advances and challenges, but stressed that “it is never possible to turn back time.”

“As these products take shape, we must stand for high-quality journalism and put in place appropriate safeguards to protect the FT’s content and brand,” Riding added.

The Financial Times has embraced new technologies throughout its history. “We will continue to be curious and alert as we navigate the next wave of change,” Ridding concluded.

(Photo by Utsav Srestha)

See also: OpenAI faces complaints of fictitious output

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Label: ai, artificial intelligence, chatgpt, chatgpt enterprise, copyright, financial times, news, media, openai

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