If you divvy up revenue of AI companies from diffusion models at current pricing, then yes.
But if creators' consent is first sought for training and if they have a chance to do individual or collective bargaining (the choice of form of bargaining needs to be with the creators) with AI companies, then payouts may be meaningful.
Great write-up. However, the approaches suggested here sound too timid to be effective. Thank you for creating this post.
Together with a few volunteers, we prepared a policy document for the Campaign for AI Safety to serve as a list of demands by the campaign.
It is called "Strong and appropriate regulation of advanced AI to protect humanity". It is currently geared towards Australiand and US policy-makers, and I think it's not its last version.
I would appreciate any comments!