Another component here is that, even if nothing useful comes out of this AI boom, none of the principles of any of the companies expect to be held personally re

Another component here is that, even if nothing useful comes out of this AI boom, none of the principles of any of the companies expect to be held personally responsible for the decisions they take. The statutory penalties in copyright law are large and ruinous for small-time violators. People have had their financial security and lives ruined by bittorrent lawsuits, for instance. Applied consistently these damages would run into the hundreds of billions for folks like Altman. But Altman and all of his cohort including Schmidt do not expect them to be applied consistently.