YouTubers and other digital content creators are selling their unused footage to artificial intelligence (AI) companies.rich ph
Bloomberg News reported that these online creators earn thousands of dollars per deal, depending on video quality.
On the other hand, AI companies use these clips to train and improve their AI algorithms for future products and services.
The benchmark PSEi fell by 0.18 percent, or 13.05 points, to close at 7,411.47 while the broader All-Shares index climbed by 0.10 percent, or 4.16 points, to sit at 4,037.52 by the closing bell on Thursday, October 10, 2024.
In a disclosure on Thursday, the Zobel family-led company said it had received the notice of approval on Oct. 9.
Article continues after this advertisement Making money with AI“YouTubers and other digital content creators are selling their unused video footage to artificial intelligence companies seeking exclusive videos to better train their AI algorithms, oftentimes netting thousands of dollars per deal.” https://t.co/S4bnAJdWK6
— Kylie Robison (@kyliebytes) January 10, 2025ChatGPT and similar tools rely on data to function. Manmade data is the best, but tech firms have exhausted the Internet quickly due to rapid innovation.
FEATURED STORIES TECHNOLOGY DITO teams up with ZTE to boost Philippine internet connectivity TECHNOLOGY Smart glasses enter new era with sleeker designs, lower prices TECHNOLOGY TikTok shutdown in the US may take effect on January 19Consequently, “non-AI-made, unique” data become more valuable, so companies are more willing to pay huge sums for them.
READ: The top 10 richest YouTubers
Article continues after this advertisementThe Bloomberg News report said:
link slot online Article continues after this advertisement“OpenAI, Alphabet Inc’s Google, AI media company Moonvalley, and several other AI companies are collectively paying hundreds of content creators for access to their unpublished videos.”
Article continues after this advertisement“That content, which hasn’t been posted elsewhere online, is considered valuable for training artificial intelligence systems since it’s unique.”
Nowadays, AI companies pay between $1 to $4 per minute of footage. Also, the price may increase depending on video quality or format.
Article continues after this advertisementFor example, unused footage from YouTube, Instagram, and TikTok is usually worth $1 to $2 per minute.
Moreover, 4K resolution clips and non-traditional footage, such as drone-captured videos or 3D animations, fetch higher prices.
READ: YouTube will require creators to disclose AI-generated content
You may sell your unused footage and images to companies like Shutterstock, Wirestock, and Adobe Stock.
Read the terms and conditions carefully before exchanging your media for money.
Ensure that you follow your country’s intellectual property and copyright laws. More importantly, understand its future ramifications for your creative projects.
Check this Inquirer Tech guide on using AI art ethically for more information.
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If you have other talents or skillsrich ph, you could earn money from AI in other ways. Read this other article to learn more.
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