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Ep 33: Intersection of AI, IP and Web3 Law
129 Plays4 months ago
Nehan Sethi and Jordan Teague (Web3 Attorneys at Campbell Teague) explore how AI challenges traditional notions of authorship and creativity, and the potential for blockchain to revolutionize IP protection.
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Transcript
Introduction to Owl Explains Podcast
00:00:06
Speaker
Hello and welcome to this Owl Explains Hootenanny, our podcast series where you can wise up on blockchain and web3 as we talk to the people seeking to build a better internet. Owl Explains is powered by Avalabs, a blockchain software company and participant in the avalanche ecosystem. My name is Silvia Sanchez, project manager of Owl Explains and with that I'll hand it over to today's amazing speakers.
AI and Intellectual Property Discussion
00:00:34
Speaker
Hey, everybody. Welcome to the Owl Explains Hootenanny. Today, we're talking all things AI and intellectual property, and we are joined by Nehan Sethi and Jordan Teague from Camp Beltigue, a boutique litigation and corporate law firm. Nehan and Jordan focus on startup law, web 3, blockchain tech, and intellectual property law. So welcome, ladies. We are really excited to have you in the Owl Explains podcast. Thanks so much for having us. Thank you. Very excited to be here. Great. so Let's dive right in. so Artificial intelligence has ushered in a new era of creativity, generating content that challenges our perceptions of authorship. and Assigning intellectual property rights for creations made by AI is quite a complex task. so Could you elaborate on the legal classifications involved in this process and the challenges they present? Sure. um
00:01:27
Speaker
I'm happy to happy you to take that. I think this is um very interesting for me, particularly with AI and Web3 coming together. um I think traditionally copyright law has been very um human creator-centric, so you know it's the two pillars have been and creativity and originality. But I think with the advent of AI, there's an entirely new meaning to an author. um And I think under existing legal frameworks, that has always been a human author. So I think the first perspective is you know AI is a mere tool or a machine, and it cannot be deemed an author. um And so the IP rights should actually belong to potentially the human developer or the the trainer of the AI model.
00:02:11
Speaker
And I think then the second perspective is, which which I believe is going to get more and more prominent and as AI gets more savvy, is if an AI system can independently generate novel and creative works without so substantial substantial human intervention, then it should be recognized as an author. And I think this is a lot of what we've seen, you know the the debate that's been going on. um I think another important The point here is about IP infringement when it comes to AI-generated content. you know the ai The way it's built, a lot of the content that is AI-generated is from across different, you know all over the internet. And a lot of it is copyrighted content. um However, you know there's a question about if you're using content that would essentially be deemed an infringement of somebody else's IP rights.
00:03:01
Speaker
So I think those are overall the elements that I think come into the debate of IP and AI. Yeah,
Narrow AI vs Future Developments
00:03:08
Speaker
I completely agree. and And I guess the only thing I'd add to that is when we're thinking about, you know could a machine be deemed an author, or should they be deemed an author, um such that they could own property, or you know in this case, intellectual property, I think it's helpful to think about the different stages that AI can embody, um you know that being narrow intelligence, general intelligence, and super intelligence.
00:03:34
Speaker
And as it turns out, right now, sitting here today, the only thing we have is narrow intelligence. So that would be you know the autonomous car that you get in. That's narrow intelligence. It knows how to do one thing. um It would be your Amazon Alexa does a few things really well. Chat GPT is a narrow intelligence. And so the way I think about it is narrow intelligence is really as much of a tool ah for creating intellectual property as is a pin or Figma or Adobe Photoshop, but when we start creeping over into AGI or you know one day when the machines take over and we have super intelligence that it seems we've entered new territory where Clearly there's no longer a true human author, but so long as AI is narrow intelligence It does seem to me that it falls in the category of a tool and so um the way I think about it is you know, how do we
00:04:32
Speaker
How do we kind of zero in on the creativity that a human created? Because just because something is created doesn't mean that it is deserving of copyright. And Nan kind of touched on this in her answer. But there's got to be a modicum of creativity and originality. And so if all you're doing is typing in some really obvious phrase into mid-journey or something like that, I think the question becomes, is there even any output that's worthy of um intellectual property ownership by human or a machine? Thank you, and that's a great point. Just because something is created doesn't mean that it necessarily deserves copyright. And I think that this is also quite similar to what we see when it comes to to regulating blockchain, to regulating the tokens. Just because something is a token does not make it a financial instrument. Just because something is created by AI doesn't mean it deserves all of this.
00:05:22
Speaker
a copyright process. So it definitely comes down to understanding the nature of, OK, what is it that thing that that we want to to regulate? Or what is that that item, that creation that we are considering to to register and having like all of these IP considerations? Because the use of AI in content creation certainly raises ethical concerns. So could you discuss some of these ethical considerations surrounding AI's impact on intellectual property? Sure. um So i think one of I think there's a few different use cases actually that are you know going around on how AI is really impacting that how we like traditionally have looked at at IP. um I think one example is AI-generated art, which is now so easily
00:06:11
Speaker
you know, accessible and and anybody can really create um a piece of art or a picture, an image using AI. And I think it challenges the traditional notions of of creativity and originality um because, you know, you obviously associate art with authenticity and and that's kind of where an artist draws, um you know, a lot of but when you do that end up going towards enforcing your rights over a piece of art it stems from the originality and authenticity of your piece of work. um So I think that is going to be a challenge when it comes to AI-generated art simply because of how it was generated or or you know where the sources come from. um I also think there's unfortunately you know a lot of negative implications of of
00:06:56
Speaker
of AI when it comes to, for example, deepfics.
Deepfakes and AI Impersonations
00:07:00
Speaker
I think deepfics have been a huge concern in a way that I think there was like a report which said that more than 90% of deepfics was targeting women and you know targeting um and was mainly pornography. um And so I know this is something that a lot of different um ah you know, lawmakers are are thinking about. I know when the the Taylor Swift images came out, there was a lot of conversation around this. um And I do think steps are being taken to address this. I know that um some of the US states, I know California, Washington have passed laws that basically have made it like a misdemeanor to knowingly share
00:07:42
Speaker
fabricated images, especially images that have intimate or sexually explicit content. And I think that's a good example of lawmakers thinking about advanced technologies and then trying to amend like existing frameworks to respond to issues that are coming up. um And I think one more one more instance that comes to mind is is AI voice impersonations. Because again, you know in the music industry, we see a lot of that happening. um Recently, I read about you know the the track that Drake released, and and you know which was about targeted towards Kendrick Lamar. And he used yeah his like an AI cloned version of another rapper. And he got a legal notice for it.
00:08:24
Speaker
but but i guess What I'm trying to get at is what what else? I mean, these are very respected, huge, successful artists, but what is really the recourse one can take in such a situation? Is it just sending a legal notice? like I think the options are still pretty limited, and it's going to take a lot of multiple stakeholders and companies and lawmakers to come up with ways to tackle this. And you knew who else I think can come up with a way to tackle this is AI. We're worried about AI um creating the deep fake content, but I think that AI is also uniquely positioned to help combat it. And I wish I could remember where I heard the spot. I think it was a spot on NPR a few weeks ago.
00:09:05
Speaker
But this is actually being explored right now using AI to determine whether or not video or audio content is indeed a deep fake. And so it's also just worth remembering there's nothing new under the sun. And these are problems that we've been grappling with every time technology advanced. Now, we've all been alive in a century where you know there's been more advancements than anyone ever saw in their lifetime or really the entire world had up until um our time. But this this was a problem when the Internet um came around, when, um you know, means to create content digitally came around. So AI is just making it worse. But we've found solutions and and I'm optimistic that we'll find solutions. And I think so some of the solutions will be in AI.
00:09:51
Speaker
I love that point. AI can come with a way to also think about AI. And this also raises another point, which is the speed. The rate in which AI creates content is insanely fast, whether it's a long um a long article, a written piece, or even if it is just images. and Back to Nehan's example of the the voice, the voice
Adapting Copyright for AI
00:10:17
Speaker
implications and this ethical question that that raises a AI, especially when you think about like these songs. I remember that I think it was last year there was this kind of controversy on on TikTok about an AI-generated track.
00:10:32
Speaker
that sounded a lot like Bad Bunny. And I really like Bad Bunny's one I first heard. I was like, this is insanely good. I didn't expect him to drop something now. But then the all of this controversy and this conversation and who is really the one that you know that that owns these these rights, these things. So I'm sure that there's a lot of conversation, but also questions that will continue to to figure out because AI-generated content proposes intriguing questions for copyright law, including the issues of fair use and transformative works. So with AI churning out content at these unprecedented rates, how do copyright laws adapt to this new reality? How do you see these concepts evolving in in light of AI's creative capabilities and extremely fast capabilities?
00:11:21
Speaker
I think it's always helpful to go back to first principles and think about why does a law exist, right? um So copyright law really exists to incentivize creativity, right? And it was not copyright law that exists now was written in a time when probably no one could fathom where we we would be today in technology. So they couldn't fathom the rate at which we could create content. They couldn't fathom the tools that we would have to create content. But they did know that they wanted to incentivize creativity. And so I think to answer the question, how should copyright law adapt and evolve if we could, by the way, get Congress on board to do that, um I think we should think about
00:12:04
Speaker
given the reality of AI, what do we want to incentivize people to do? And I'm not sure sitting here today that I have the answer for that, but I think that's the hard question that we have to ask ourselves is what is it that we want to incentivize humans to do, particularly since humans right now are the only ones who either individually or through a corporation can own intellectual property. What do we want to see them doing more of? I'm a huge music fan. I would love to continue to see humans create music. um I hope that copyright law will continue to do that in an effective way. um But so I think that's that's the question we need to ask ourselves. Yeah, I think that's i think that's a very important question. And I think also you know just in line with that thought is,
00:12:49
Speaker
do we you know since The main, since one of the major questions that AI is bringing up is of who the creator is, um I think, and and that has always been one of the pillars of copyright law. I think it will involve either adapting existing IP laws or broadening their scope or drafting ah new categories, especially tailored to AI generated works. So I think there has to be, that there will be a lot of, um There is many ways you can approach it. And I think we need to think about what is the best way, not only from the standpoint of of obviously enforcing rights, but also obviously not curbing innovation and finding ways um that. And I think this is tricky because the rate at which AI technology is advancing or or any technology is advancing is obviously completely disproportional to the rate at which laws are made or you know ah these are or these systems are put into place.
00:13:47
Speaker
And so there's probably some ways to do that where there's catching up to do. Indeed. And I think that is also a really good point to think about, like, what do we want to incentivize people to do, whether it's something with AI or with blockchain? Because in general, there are problems that the technology can solve, but then there are other issues that that are people problems, that are people issues that go way beyond what AI is doing, what AI isn't doing. So now let's switch a little bit to the business side. So for businesses navigating this landscape, particularly as we see everything that's happening with with AI and this insanely fast content creation, What proactive measures can businesses take to safeguard their intellectual property assets in this
IP Protection in Decentralized Tech Landscapes
00:14:33
Speaker
decentralized environment? how do you What is that that tie-in with AI and blockchain? so I'm going to be um an obnoxious lawyer and and say, I guess we need to think about what we mean by safeguard. um
00:14:46
Speaker
You know, because when when you hear the word safeguard, you can tend to think hold something close to your vest. And obviously, that's not what we want to do with IP with creative content. We want to get it out there. So I think, you know, what we mean is how do we ensure our rights are enforceable? And traditionally, we've thought about that as through the legal system, right? So that's why we have copyright law. That's why we have remedies. You can go sue someone in court. You can get damages. um And you know if you want to license your rights you typically do that through a written contract, so there is a paradigm clash between Enforcement of legal rights and an anonymized decentralized environment um You know we haven't talked much about blockchain or crypto yet, but um if you think about the legal system is about rights um Crypto and blockchain and smart contracts are all about powers and so if
00:15:41
Speaker
If we think that we're getting to a point where it may be difficult to safeguard our intellectual property using rights or the legal system, we could think about what powers we have too. So certainly there could be some powers that we have through a smart contract system and we don't have to get too deep into that. um but But we have other powers too. Things like social shame. So, for instance, you you could imagine a scenario where ah we really rely heavily on social pressure to get people to voluntarily honor intellectual property rights. And I've seen this, for example, with NFTs.
00:16:16
Speaker
so not to get too into the technical details, but there's no way to absolutely enforce royalties on chain for NFTs. You really need people to play ball and agree to do that. Otherwise they could just circumvent the website and avoid paying royalties to an artist. And what we've seen is kind of a ah social backlash against that and people saying, you know, yeah, it may be true that you can circumvent um the you you know the website marketplace and avoid paying royalties. But why on earth would you want to do that? We want to reward creators for what they've done and so people will get shamed either explicitly or just kind of implicitly if they're the kind of person that wouldn't pay royalties. So I think that when we think about how to safeguard IP, we'll have to just think beyond the traditional legal system and get creative and think what other kinds of powers might we have.
00:17:09
Speaker
I completely agree. and And starting with what Jordan spoke about, which is how you know enforcing IP rights and the entire decentralized ecosystem or are so just juxtaposed. I think that it's you you have to look at it from a completely new lens. And I think there's many things you can do. I think one would be just not actually thinking about it in in the traditional sense. If you are in a decentralized ecosystem and you you are a company that's decided to go down that path, you need you do need to address these problems from a new lens. And so you would think about you know IP policies that are more in line with the business that you're in. so And I know
00:17:53
Speaker
me and Jordan have thought about this a bit with companies that we work with in this space where you just have to think about how IP rights can be enforced and um you know policies can be put in place that require stakeholders to adhere to certain policies that also make sense for you know the ecosystem that they're a part of um and which definitely is something that we've seen a a lot has been happening with that. I also think you know utilizing blockchain for IP registration is something that we've seen happening because there's time stamps and you know ah you can trace back to when creations were made. And this this holds a lot of value for digital artwork ah when it comes to proof of ownership. So I think you know smart contracts, everything everything that Jordan touched on is is stuff that is going to be very valuable.
00:18:42
Speaker
yeah and Yeah, we already touched on the point that there's nothing new under the sun and we've dealt with these issues before. um I think we have some good precedent from, I want to say it was the late 90s. I'm dating myself because I'll admit that I was not only alive then, but aware of what was going on in the world. um But it was either a little late 90s or the early 2000s when Napster was a big thing. And what we saw was yeah the record labels had two choices. and And they chose, in my mind, the wrong path. So what they chose, door number one, was let's enforce our legal rights and go after every grandma who happened to accidentally download you know unauthorized content because her grandkid was you know using Napster on her internet network.
00:19:32
Speaker
um Or door number two they could have chosen was if you can't beat him join him and they could have invented Spotify about 10 years earlier than they did um Or that you know, then it was invented but instead They took the path of trying to enforce their legal rights and it was a PR disaster Because all the stories came out about the grandmas getting million-dollar judgments against them and that kind of a thing so I think but you know Gleaning some learnings from that, we should think more about the carrot instead of the stick. What are some ways, kind of like Neha was touching on, that we can just encourage people to honor intellectual property rights, um make it easy for them to do so? um Many people who were using Napster would have been happy to pay for a Spotify subscription, but it didn't exist. um Had it existed, I think we would have had a lot less pirating and a lot more $9.99 a month.
00:20:22
Speaker
And since you actually brought up Napster, um I think now now we're seeing all these decentralized music streaming platforms. You know like you have you have an audience. and And what they're really trying to do is use smart contracts to automatically distribute royalties to artists based on streams and downloads. And you know there's essentially this entire new wave in the music industry about how we can use the power of Web3 technology to um make the industry more democratic and and really bridge that gap between between listeners and artists. and um I think this is this wouldn't have been possible before. and For sure. I think that's a really good good use case in the sense that the artist can also have this this protection, this verifiability. and Jordan, earlier you were talking about NFTs, because NFTs aren't just about collectibles and art with revenue streams, but
00:21:19
Speaker
As and we know, and just in case our audience doesn't know, an NFT is simply a type of token that is digitally unique, that allows for more specialized representations regardless of the industry. It is so much more than the drawings of monkeys. So it can be a really good way to have this verification of of rights on on the blockchain, it's transparent, it's traceable.
NFTs and Shifts in IP Law
00:21:41
Speaker
So how do you see NFTs impacting the landscape of IP rights and in blockchain technologies as it is also linked to data provenance issues? Right. um So I thought it was really fun over the last three years to watch the NFT community's understanding of copyright law evolve. So back in 2021, when NFTs were really in their heyday,
00:22:06
Speaker
It was very clear that the people that were releasing NFTs, the people that were buying them seem to assume that when you know when they purchased an NFT, that they acquired the IP rights in that NFT. And by acquire the rights, I mean like you know full ownership. And if they sold that NFT, then they would no longer have that ownership. You can see that misunderstanding um reflected in the Seth Green case. I don't know if you remember this. I mean, it wasn't a case, it wasn't a lawsuit, but he owned a Board 8 and that Board 8 got hacked.
00:22:40
Speaker
And he had planned on releasing some sort of a mini series or something featuring the board eight and he thought he couldn't do it anymore because this NFT got stolen. And so he no longer own the IP rights, but that's absolutely not true. And in fact, if you dug into the yugo labs terms of service. What you got was a license to use that NFT. And it wasn't even clear that that license terminated when your ownership of the NFT terminated. And so I think the NFT community got more savvy since 2021 and they understand, okay, just because I own an NFT doesn't mean that I own the copyright.
00:23:15
Speaker
But I think that there has been a lot of interest in, well, is that possible? And the answer is not really, not the way that copyright law exists right now. And ah I have a bias toward US law because that's where I practice. But my understanding is that it works this way in many jurisdictions. In order to effectuate a full out transfer ship of copyright ownership, you need a signed writing um of both parties involved. And that works pretty well for the initial sale. um But the problem is when you have secondary markets, you could effectuate a transfer on the blockchain. But then you could go try to transfer that off-chain as well. So I could you know go visit Nehan in person in New York and sign a legal agreement with her purporting to transfer those copyrights.
00:24:05
Speaker
And the question is, you know, which which of those transfers would take precedent over the other? Would it be the one on chain or would it be the one off chain? And so the problem is we need copyright law to catch up so that, for instance, an author could specify that the prevailing records for that particular series is on chain and that you could transfer copyright on chain. So I think we may see some evolution there. It would essentially be a bearer copyright that would follow with the asset. We don't really have that right now. um but But I have already seen a lot of creative evolution in licensing schemes because that is something that you can very easily do with NFTs. So I think we'll see some more developments along those lines.
00:24:51
Speaker
I completely agree and and you you know you gave examples of situations where NFTs were created and and there was an assumption of of IP ownership um and and I wanted to share an example of where there was an existing work and there was almost in a confusion of who actually owned that IP in the first place and and the the notion of making an NFT from an existing work. so I guess the the Quentin Tarantino case comes to mind where Miramax sued him for planning to release NFTs for pulp fiction and and scenes from pulp fiction, for which there was a question over who actually you know can do that, who has IP ownership over that screenplay. um and And of course, I think you know that case was ah was settled. so
00:25:39
Speaker
um you know we We didn't really get particular precedent on that fact from it, but I do think it was super interesting to see how um you know something like just screenplay in the entertainment industry is something that could be created into a digital asset. Very good point. We've covered copyright, but beyond copyright, trademarks play a crucial role in and brand protection. So how do the trademark laws apply to blockchain technologies, particular particularly when it comes to combating counterfeiting? Yeah, I think trademark law is, you know, is it's very interesting if you think about how that
00:26:22
Speaker
the amalgamation of that and and blockchain and how blockchain blockchain can actually be useful in in combating such you know just counterfeiting that happens so prominently. I think this would probably play a huge role for you know luxury and legacy brands that rely very heavily on originality and authenticity. and And so I think that the whole element of of ah authentication that comes with um blockchain technology will probably prove to be very valuable. ah We've already seen you know luxury brands like Louis Vuitton use the, if I'm not mistaken, it was the Aura blockchain consortium. I'm not sure if I'm getting that name right. It was basically technology that that they came up with to authenticate luxury goods.
00:27:10
Speaker
because each item is is so valuable um and and the value is directly correlated to its history and the traceability of that. And and obviously that's something that is that you that blockchain can come in and help with. um I also think again smart contracts can be used for you know, enforcing licensing agreements or, you know, embedding, it could come with like embedded clauses of of trademark of how trademark logos can be used and can't be used. um and And we've seen some of that play out already with the the meta work in case. um
00:27:45
Speaker
you know, where where we saw the court take a strong stance where, that where um you know, the Ormez brand won a case because um the meta-Burkins were deemed to be resembling the trademark for Birkin bags. And yeah, I think the the same will probably continue to play out as this industry develops. So what's interesting about um things that are happening in the Web 3 space with blockchain technology is that many of the projects are decentralized and trademark and brand are inherently centralized concepts and so.
00:28:21
Speaker
I think one thing that remains to be seen is what role does brand play in a decentralized ecosystem where it's important to identify the source right that this is indeed the authentic version of the protocol that I'm trying to interact with but there's not really a single stakeholder that um you know to which um use of that brand enters, like in traditional trademark. So that's that's one kind of challenge, applying trademark law to blockchain technologies. But there are some more centralized projects in blockchain, you know whether it's an NFT project or something like that, that you are rallying behind a single company and a single brand.
Regulatory Challenges in AI and Web3
00:29:05
Speaker
and um Existing trademark law can be very useful in the instance of counterfeits. You can use it to get websites taken down that are counterfeit by sending a notice to the domain registrar or the web host, submitting proof that the website is indeed fraudulent. So trademark law does provide tools in those cases. Yes, thank you for that. And I believe you are referring to the Aura Blockchain Consortium. That's a really good good example. And now let's switch it to the policy side because here I will explain. We talk a lot to the policymakers, to the people crafting this regulation. so
00:29:46
Speaker
It is no easy task, especially when you have all of these complex technologies because policymakers are grappling with this Herculean task of regulating the rapidly evolving landscape of AI, IP, Web3. So from what you've seen, what are the biggest hurdles that they face in crafting effective regulations on the intersection of of these three industries? Well, as supposed to be effective, laws need to serve some agreed goal, right? And I think that at least sitting here today, you know, we all mostly agree that IP law is about protecting both creators and consumers. So, you know, for creators, it's incentivizing them to create
00:30:28
Speaker
And for consumers, it's ensuring that brand can serve as an identifier of source and quality so that they can trust brand and not have to you know do an insane amount of due diligence every time they want to transact. And so as for the hard questions, um you know when it comes to incentivizing creators, how can we prove that someone created something? We touched on that a bit earlier. How do we determine what is deserving of IP protection in the first place? And then how do we ensure that there's a remedy even if we can't identify the infringer? And when we're thinking about protecting consumers, can Brand even continue to serve that role as a source identifier when we live in a world with such a long tail of products and services? I think this is something that's worth thinking about even taking AI and Web3 out of the picture.
00:31:21
Speaker
Yeah, I think um you know there is going to be, when you think of AI, IP, and Web3, and the intersection of all of them, um there is, you know butre going like I said earlier, we'll be rethinking the concept of of authorship. um I think when it comes to Web3 and the decentralized nature of that, um you know when it comes to accountability, for example, how do you um how do you go about enforcing accountability um For example, there's the concept of DAOs.
00:31:51
Speaker
um which is a decentralized automated organization in the Web3 context. and ah And that is mainly centered around making decisions collectively. And so you know in the traditional IP sense, when you when you're enforcing, you would be going after a particular person or or company. um In this case, that becomes you know those lines are slightly more blurred. I do think it's also a double-edged sword where you're finding the balance between innovation and protection. So you know with NFTs as well, while it is you know it's very useful because you can provide ownership ah for assets, they can also be used to um to tokenize assets that actually um one may not have permission to tokenize. um I think there's also you know this the idea that the Web3 is very global in its nature, whether it's
00:32:47
Speaker
companies that are building infrastructure in the web3 space, whether it's people who who are part of the industry. And I think that a lot of that is um not at all jurisdiction specific, whereas a lot of the IP laws and and you know all of that is jurisdiction specific. So finding a way to you know bridge that gap um and to find some kind of consistency there is going to be interesting.
Advice for Creators and Closing Remarks
00:33:11
Speaker
And yeah, like I said, it's it's also about the pace at which this technology is developing. and um Unfortunately, that is not the base at which laws um you know evolve. And so I think that's something that we're going to have to wait for it to play out. Exactly. We still have a lot of ground to cover. So as we come to the end of our conversation, what last remarks do you have for our audience?
00:33:35
Speaker
Well, as you may have gathered by now, IP is a complicated subject, particularly when applied to novel technologies like AI and blockchain. And so I'm sure they would echo me in this. If you are a creator or a project that is getting ready to embark on some sort of endeavor that involves creating IP using emerging technologies, I would strongly encourage you to um seek a lawyer, seek a good lawyer experienced um in these issues. you know Many lawyers are happy to jump on the phone, have a quick intro call, see if they can help you. You're not always on the clock when you're talking to a lawyer, so don't you know don't be scared of that. And then I guess the only other thing is
00:34:24
Speaker
To just remember, AI, it's novel, but but it's not that novel. What we're seeing today is still narrow intelligence. We've had narrow intelligence for quite a while now. We just haven't necessarily applied the label AI to it. And so don't let the label AI dupe you into thinking that you're dealing with something that's completely, completely new. It may not really be. No, I completely echo that. And I think um i'm very I'm definitely very intrigued to see how things play out. I've you know personally, you know since I've been interested in the IP space and then got into Web3, I've seen how these things have um evolved and intersected. And you know I once interned at a talent company. And I remember thinking through a lot of issues related to
00:35:13
Speaker
an artist or a creator or a sports person and you know the IP rights that come with being a public figure and now thinking about how all of that is being monetized in a world where there's so many different ways of monetizing it and there's so many new um ways that it can also be exploited. um I think um you know i'm I'm really passionate about about observing the space and and working with with individuals to see how you know how you can adjust to this this new paradigm. That is great. Thank you so much. And once again, thank you for for joining us because I'm sure that we could continue talking about this since there's a lot of a lot of ramifications in these multiple industries because we've covered AI content creation, the ethical considerations surrounding its impacts on IP. And also, we've talked about how blockchain technology emerges as a solution to these data provenance issues.
00:36:09
Speaker
But as we have seen with innovation, there are also challenges. So thank you once again for joining us, Nehaan, Jordan. And as we conclude, we invite our listeners to continue reflecting on the insights shared today and continue to consider the implications for our evolving digital ecosystem and to stay tuned for our for our next podcast. Thank you all once again.
00:36:34
Speaker
We hope you enjoyed our Hootenanny. Thank you for listening. For more Hootful and hype-free resources, visit www.owlexplanes.com. There, you will find articles, quizzes, practical explainers, suggested reading materials, and lots more. Also, follow us on Twitter and LinkedIn to continue wising up on Blockchain and Web3. That's all for now on Owl Explains. Until next time!