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April 10, 2024, 1:38 a.m.
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Craig Peters, CEO of Getty Images, has voiced concerns about the potential dangers of generative AI in the creative industries. While acknowledging the benefits of AI for creators, Peters warns against possible exploitation. Getty Images has taken legal action against Stability AI for allegedly misusing copyrighted images to protect creators from abuse. Moreover, Getty Images has collaborated with Nvidia to develop AI text-to-image and text-to-video services that utilize their copyrighted stock image library, aiming to safeguard creators. Peters emphasizes that this AI model primarily generates commercial outcomes and not deepfakes or social harm. He highlights the need for standards and regulations to keep pace with AI's rapid progress, as AI-generated images now surpass those from traditional photography methods. Peters is confident that, with proper management, AI can make significant contributions to society and the creative industries.

Getty Images CEO, Craig Peters, has expressed enthusiasm for AI while acknowledging the potential dangers it poses to the creative industry. Peters is concerned about the possible exploitation of AI technology by those who wish to automate creators out of the industry. Getty Images has taken both defensive and proactive approaches to AI. They recently filed a lawsuit against Stability AI for unlawfully copying their copyrighted images.

Additionally, Getty Images partnered with Nvidia to develop AI text-to-image and text-to-video services, which will compensate creators and prevent abuse. Peters emphasized the need for standards and legislation to keep pace with AI's rapid development and highlighted the importance of distinguishing AI-generated content from traditional imagery. While Peters sees the benefits of AI, he also recognizes the socio-economic implications and the need for responsible management of the technology.


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