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From CDs to AI: Media companies keep undervaluing their content
I'm Left Handed is a blog mostly about technology.
But more importantly they simply underestimated how big digital music would become and sold the rights for what in hindsight would be a fraction of their true value. So when the AI companies that had been scooping up their content for free started getting$80 billion valuations the web publishers wanted their piece. My bet is on the AI companies knowing the true worth of this data and the publishers are selling them the very content they need to eventually supersede them.
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