4 ms·
I read this as "Disney approached OpenAI and threatened to sue them into oblivion --> OpenAI negotiated that Disney will use OpenAI internally for free, and wil
by eykanal 10mo ago
I read this as "Disney approached OpenAI and threatened to sue them into oblivion --> OpenAI negotiated that Disney will use OpenAI internally for free, and will buy $1B of equity to have an ownership stake in the company".
Disney comes out pretty good from this one; they're going to have a ton of people using the service to create all sorts of stuff that will—on the whole—increase brand awareness and engagement with Disney.
OpenAI comes out pretty good from this, with a customer who's probably not paying much (if anything), $1B additional runway, but reduced ownership of the company.
I think Disney is the winner here.
- johnnyanmac 10mo ago>they're going to have a ton of people using the service to create all sorts of stuff that will—on the whole—increase brand awareness and engagement with Disney. In the same way making a bunch of porn of a character increases brand awareness and engagement with an IP, sure. OpenAI got away scot free here in avoiding a billion dollar lawsuit. Disney is gonna further melt away a century dynasty of art and culture. They're both gonna lose long term but I guess they both win for next quarter.
- redwood 10mo agoMickey mouse body slamming the Queen of England for laughs risks sullying their brand
- venusenvy47 10mo agoI don't really understand why Disney is paying $1B for this. Shouldn't OpenAI be paying Disney to avoid getting sued?
- twostorytower 10mo agoDisney will either get a multiple on their return on investment, or OpenAI will die anyways and their IP issue with it.
- thehappypm 10mo agoIt’s also setting a precedent that IP usage requires a contract. Never mind that the contract is bonkers!