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Phil Vuollet's avatar

This lines up squarely with a post I'm writing on the Performance Pillar that talks about local vs system optimization. In this case, if the system (factory) is optimized for return to investors, it will only do what's needed to keep workers effective at that goal. All profits to workers will mean shutting the factory down when it's time for expensive repairs or expansion. Both are cases of local optimizations.

I think the real question is about equitable distribution of profits AND agency. Some get a share of future profits in the form of equity or a pension. How much say in the direction of the company does a single worker have compared to a single investor? Depends! Collectively, workers can organize for a bit more say in their future. Investors can pool or singly pony up more cash.

Trading future health and ability to earn in the future for current pay isn't a viable long-term strategy for workers so there's also healthy working conditions that factory laborers need to think about.

Meanwhile, investors also need to protect their future returns. Redistributing some profits back into the company for maintenance, repairs, insurance, growth, etc is equally important for everyone - workers included. They may see other opportunities to invest that have a higher return, so there's that too.

And there's the even bigger picture - a sizable portion of investment capital comes from pension funds! The future income of workers is at stake too. Not sure if that's the snake eating its own tail or not, but it warps the picture even further thinking about how and when profits make their way around.

Kief's avatar
May 15Edited

The introduction of copyright law in response to the printing press may be a useful precedent for changing the framework of IP for the LLM era.

The printing press radically changed how content was consumed, in a way that was beneficial to consumers. But the profits went entirely to those owning the technology (printing houses), with nothing going to the creators, often not even attribution for creating the work. Copyright law, although originally intended to give the (English) government a revenue stream and censorship powers, evolved into something that gave content creators a share of the proceeds for distributing their work. It did this by applying the concept of property to content, so the existing legal system could be extended to cover content.

So now LLMs are radically changing how content is consumed, in a way that is beneficial to consumers (although not everyone agrees). All of the profits (or revenues, at least) currently go to those owning the technology (the LLM makers), with nothing going to the creators, usually not even attribution.

I don't think current copyright law works in this world. I also don't think the answer is simply shutting down LLMs, or making it more difficult for them to train on content. There is genuine benefit to society and consumers in making content widely available through LLMs.

I don't know what the answer is, but I strongly suspect it involves changing the legal framework. I wonder if something like Performing Rights Organizations could work, acting as intermediaries to collect payments from LLM makers and distributing to content creators, could work.

Enforcing attribution is important as well.

As a non-fiction author, I want what I write to be reflected in what people are told by LLMs. Otherwise what they are told will be wrong ;-). My motivations for creating content are a) to make a small bit of money, b) to disseminate my ideas because they are the right ideas (again, ;-)), and c) to boost my reputation so people hire me.

The last one is really the most concretely important to me. I don't mind other people making some profit off of my content (publisher, distributors, bookstores all do). But if I get no direct money or visibility from writing, then ultimately, the only people providing content for LLMs to consume will be crackpots and cranks.

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