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00:02OpenAI and Microsoft executives privately describe their AI products as substitutes
00:07for journalism in a copyright lawsuit brought by The New York Times and other news outlets,
00:11according to Reuters.
00:12The companies argue that training AI on newspaper articles is protected by fair use because
00:16the systems transform copyrighted material and do not replace journalism.
00:20Previously redacted material included comments from OpenAI's Nick Turley calling the products
00:25largely substitutive and saying publishers face an existential threat.
00:29OpenAI President Greg Brockman said large language models are particularly good at predicting
00:34news text.
00:34OpenAI did not immediately respond to Reuters' request for comment.
00:38Microsoft CEO Satya Nadella testified that chatbots can substitute for visiting an underlying
00:44website.
00:44Microsoft said Nadella's comments are consistent with its copyright defense.
00:49For all things money, visit Benzinga.com.
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