US News Pearson taking legal action over use of its content to train language models, as it announces own AI plans

[tom_mai78101]

Textbooks giant Pearson is currently taking legal action over the use of its intellectual property to train AI models, chief executive Andy Bird revealed today as the firm laid out its plans for its own artificial intelligence-powered products.

The firm laid out its plans on how it would use AI a week after its share price tumbled by 15% as American rival Chegg said its own business had been hurt by the rise of ChatGPT.

Those plans would include AI-powered summaries of Pearson educational videos, to be rolled out this month for Pearson+ members, as well as AI-generated multiple choice questions for areas where a student might need more help.

Bird said Pearson had an advantage as its AI products would use Pearson content for training, which he said would make it more reliable.

Textbooks giant Pearson takes legal action over use of its content to train AI

Pearson has already sent out a cease-and-desist letter over use of its intellectual property

www.standard.co.uk

 

[tom_mai78101]

AI Threat to Stock Prices Seen Spreading as Chegg, Pearson Sink

Investors are starting to see the downside from the rapid acceptance of artificial intelligence.

Shares of a California education company called Chegg Inc. plunged Tuesday after it warned that the quick rise to popularity of OpenAI’s ChatGPT tool is causing fewer students to sign up for its services. And that’s having ripple effects, driving shares of UK education publisher Pearson Plc down the most in more than a year.

The euphoria around AI has up to now largely been viewed as a boon for stocks. Investors have bid up shares of Nvidia Corp., which is a key supplier of chips required to power chatbots, and tech giants Microsoft Corp. and Alphabet Inc. are racing to incorporate more generative AI features in their products.

But the potential losers are coming into focus. Besides education, there’s customer service: French call-center operator Teleperformance SE warned last week that 20% to 30% of its call volumes could be automated in the next three years as chatbots become mainstream.

“Management teams and investors, as well as regulators, the world over are all wrestling with how ChatGPT could change business models,” said Russ Mould, investment director at AJ Bell Plc. “No one knows what is coming next or when, something that investors need to consider when they assess the valuation of any stock they hold or are researching.”

Bloomberg - Are you a robot?

 

[The Helper]

I agree that these AI companies should pay for what they are using to train on.