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Charge a student $800 in tutition and fees to attend a class. Student writes 3 good papers in the class. License the three papers to 10 AI models for $45 for
by gamepsys 3y ago
Charge a student $800 in tutition and fees to attend a class. Student writes 3 good papers in the class. License the three papers to 10 AI models for $45 for a total of $450. College increases student revenue by >50%. This setup is clearly unfair and feels predatory. Anyone that has been in a graduate lab that was working on a project actually worth money has seen this side of college before.
However, this new marketplace introduces an interesting line of questioning. Can undergraudates/graduate students generate enough novel training data to cover their tuition? Will the 21st century scholar most valuable output be high quality material for LLMs to digest.
I'd love to see a metric for determining how valuable a document is to an LLM. How accurate is the data, how much new knowledge does it add, how relevant is it to users of the LLM. If we can value a document accurately we can create a marketplace for individuals to license their creative output.
- wolverine876 3y ago> Charge a student $800 in tutition and fees to attend a class. Isn't that off by a factor of ~10? $800 x 4 classes/semester x 2 semesters = $6,400/year. I don't know how much U. of Michigan charges, but I expect it's closer to $64K than $6.4K.
- gamepsys 3y agoI just checked and Michigian's in-state tuition is currently $17,228/semester[0]. Yeah, cost of tuition is very wrong. Using this new number -- which is just a more accurate estimation -- the student tuition for the class is $4,300 and ten licenses for an output of 3 papers would be a ~10% increase in revenue per student. [0] https://admissions.umich.edu/costs-aid/costs https://admissions.umich.edu/costs-aid/costs
- jacurtis 3y agoGraduate tuition is usually even more expensive than undergrad. So I bet graduate students are paying ~15-20% more than this from my previous experience of graduate tuition. This data dump is loading research papers, which is going to primarily come from Graduate/Doctoral students
- wolverine876 3y agoIt says the papers are from juniors, seniors, and grad students, or something like that.
- dgfitz 3y agoIn-state tuition 16,736 USD, Out-of-state tuition 55,334 USD Edit: sibling comment is more accurate and provided a link. Ignore these numbers, but note they are close.
- nonrandomstring 3y agoIt's kinda nice to see things like this causing us to rethink the value of our time and relations with each other. Even slaves just work for nothing. Students are the only group of people who pay to work.
- araes 3y agoI think the question I'm interested in is: Whether the students at University of Michigan are allowed to opt out of their own data sales, or: Request a percent license of the profits from the University selling their work afterward?
- gamepsys 3y agoMany second tier colleges are having a recruiting problem. I think a license share would be an appealing selling point to attract new students.