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this post was submitted on 23 Dec 2024
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Technology
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ISBNDB approximates there to be 158,464,880 published books in existence.
Meta's annual income was ~156 billion last year.
Assuming a one time purchase scenario and a $20 average cost that's ~3.2 billion dollars. ~2% of their annual revenue.
Or you could assume assuming a $0.2 annual license (similar to a lot of technology licenses), or a 0.002 per "stream" (which I. This instance would be 'use of data to train model')
I agree with most of what you said, but if you buy into a lot of the economic paradigms your arguments are based on you must also realize that those require the copyrighted works must be paid for and it's not unreasonable to do so.