I would have something to say, but one of the comments in the article said it better than I could.

Statutory damages are 150k per violation and that's how much music industry often got in court per song. This settlement would cover 10K books at this rate, they downloaded over 7M.

This settlement is 0.14% of what statutory damages would have been.

They should be forced to remove all models that have said stolen content or can receive a fine that doubles in value for each violation afterwards. So if the fine exponentially grows larger the longer they choose to break the law. 1 million first fine, 2 million second. 4 the third, 8m the fourth time. etc, etc.

Everyone is saying this isn't anywhere near what they should be getting, and that's true. But this also opens the door to further legal action from others infringed upon, increasing their likelihood of winning.

If it were me I'd ask the judge to order payment immediately, before this bubble pops and they get nothing. It's all a house of cards built on sand.

They should have to pay ongoing royalties forever. There is no separating the training data now.

Not favorable terms to them but...Gotta settle that suit quick so you can cash in with an IPO, before the bubble pops.

Right now they're settling at their inflated valuation so it's all Monopoly money.

training AI chatbots on copyrighted books wasn’t illegal

What?!? This is a disastrous ruling!

This is a pittance — about $3,000 per victim, for having their life's work copied and distributed to, effectively, anyone and everyone on Earth.

chump change.

Cost of doing business.

In reality proper punishment would be forbidding all models trained on copyrighted content from being monetized.

That would actually hurt since the whole point was to build these models and just pay the fine

Thats not how much a license for a book would cost.

Per book, this would be acceptable.

if they enforce copyright laws almost all AI companies would go bankrupt