Logo of OpenAI, the developer of ChatGPT. Jan 8, 2024. ⓒ Reuters=News1 ⓒ News1 Reporter Jung Jiyoon,
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, ‘(Seoul=News1) Reporter Kwon Youngmi = OpenAI has signed a content licensing agreement with News Corp, the owner of The Wall Street Journal, for $250 million (approximately 340 billion won) over the next five years, as reported by WSJ on the 22nd.’,
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, ‘According to sources, OpenAI will use the content of News Corp’s news publications, including archives, to answer users’ questions and educate AI. In return, OpenAI will pay this amount to News Corp.’,
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, ‘Robert Thomson, CEO of News Corp, wrote in a memo to employees on that day, “This agreement acknowledges that there is a premium to premium journalism.” He said, “The digital age has the feature that producers are being sacrificed while distributors dominate, and many media companies have been swept away by ruthless technological currents. We have a responsibility to make the most of this opportunity now.”‘,
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, ‘The emergence of ChatGPT, OpenAI’s chatbot, is expected to transform the media and publishing industry, as new content needs to be continuously injected from an AI perspective, and media may have their content utilized through AI-based searches. On the other hand, the advancement of AI also poses a threat to jobs in the media industry.’,
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, ‘WSJ stated, “The agreement between News Corp and OpenAI is the latest example showing the various approaches media and publishing companies are adopting to address the rise of generative AI.”‘,
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, ‘OpenAI has also made agreements with companies such as Politico, Business Insider’s parent company Axel Springer, AP, Le Monde, and the Financial Times.’,
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, ‘Meanwhile, other places, including The New York Times (NYT), have decided to fight in court against OpenAI and its partner Microsoft on copyright matters. The Washington Post (WP) has yet to make any agreements with major AI companies.’