Screw the money Anthropics $1.5B copyright settlement sucks for writers | TechCrunch

News Source : TechCrunch
News Summary
- Around half a million writers will be eligible for a payday of at least $3,000.
- This landmark settlement marks the largest payout in the history of U.S. copyright law.
- But writers aren’t getting this settlement because their work was fed to an AI.
- This is just a costly slap on the wrist for Anthropic, a company that just raised another $13 billion, because it illegally downloaded books instead of buying them.
- In June, federal judge William Alsup sided with Anthropic and ruled that it is, indeed, legal to train AI on copyrighted material.
Around half a million writers will be eligible for a payday of at least $3,000, thanks to a historic $1.5 billion settlement in a class action lawsuit that a group of authors brought against Anthropi [+2428 chars]