News Report Technology

Shutterstock has made waves by acknowledging and rewarding the efforts of artists who lend their creativity to generative AI models.

In Brief

Shutterstock has become the first AI image platform that fairly compensates contributors for their essential input in creating generative AI models.

The Contributor Fund established by Shutterstock ensures that artists receive ongoing royalties connected to future earnings from any AI-generated content that is generated and licensed on the platform.

As a frontrunner in AI image generation, Shutterstock is committed to ensuring that contributors are fairly compensated. compensates contributors Through the efforts of the Shutterstock Contributor Fund, artists directly receive compensation whenever their works are utilized in the development of generative AI models.

Shutterstock truly values the talent and innovative spirit of its contributors, aiming to ensure they are recognized and rewarded properly for their involvement in forming generative models. The Contributor Fund is designed to provide ongoing royalties for any utilized content, as well as for any profits generated from AI-driven content licensed via Shutterstock.
Additionally, the Contributor Fund from Shutterstock will continue to offer royalties to contributors for ongoing profits related to AI-generated material that is exclusively created and licensed on the platform, reflecting our dedication to ethical AI practices.

For the artists involved in developing this technology, this represents a significant advancement. Not only will they receive compensation for their contributions to the development phase, but they will also earn ongoing royalties for any AI content that results from their input. This shift is a major leap forward for the artistic community, promoting the responsible creation of AI content while honoring the contributions made by artists.

This is a considerable milestone for contributor rights and sets a benchmark for other organizations working with AI-generated content. By recognizing and compensating contributors fairly, Shutterstock demonstrates its dedication to responsible artificial intelligence while valuing the creativity and talent of its community. generative AI models As a recognized leader in royalty-free stock images, vectors, and videos, Shutterstock has unveiled a new AI art generator designed to empower users to craft unique artworks.

Alongside Meta, Shutterstock has developed a platform that enables users to create up to four licenseable images.

Both Shutterstock and Getty Images are suspending AI-generated content due to concerns over potential legal complications. AI art generator According to Stanford Observatory, 2023 is predicted to see the rise of pervasive misinformation and compelling propaganda driven by AI.

Read more about AI:

Disclaimer

In line with the Trust Project guidelines Cryptocurrencylistings.com has launched CandyDrop, a new initiative aimed at streamlining cryptocurrency acquisition while boosting user engagement with high-quality projects.

The potential of AI in healthcare is evident with innovations like AlphaFold 3 and Med-Gemini, showcasing how technology is reshaping the sector in 2024.

AI is making inroads in healthcare through various applications, from identifying novel genetic links to empowering robotic surgical technologies.

Know More

Copyright, Permissions, and Linking Policy

Shutterstock recognizes the contributions of artists by compensating them for their involvement in generative AI development, as reported by Metaverse Post.

Know More
Read More
Read more
News Report Technology
dRPC has introduced the NodeHaus platform to improve blockchain accessibility for Web3 foundations.
News Report Technology
Raphael Coin is set to debut, bringing elements of Renaissance art to the blockchain sphere.
News Report Technology
From Ripple to The Big Green DAO, numerous cryptocurrency projects are making significant charitable contributions.
Art News Report Technology
Let’s explore the various efforts utilizing digital currencies to support charitable initiatives.