The line that gets me: "in reality, taking advantage of a commercial license is no easy feat." The mere right to exploit IP isn't inherently valuable. Exploitation rights become valuable when we invest behind them (e.g., building narrative, partnerships, etc.) or existing infrastructure exists to passively monetize. The superpowers / content unleashed analogy re: The Incredibles plays well here too as generative art projects increase access to various IP rights and licenses.
Agreed. Great point on the generative/AI art. Pretty incredible how far that's come so fast. Relatedly, was always concerned with rise of AI-based music creation devaluing the work of actual artists.
Thanks for the musing and keeping us ahead.
The line that gets me: "in reality, taking advantage of a commercial license is no easy feat." The mere right to exploit IP isn't inherently valuable. Exploitation rights become valuable when we invest behind them (e.g., building narrative, partnerships, etc.) or existing infrastructure exists to passively monetize. The superpowers / content unleashed analogy re: The Incredibles plays well here too as generative art projects increase access to various IP rights and licenses.
Agreed. Great point on the generative/AI art. Pretty incredible how far that's come so fast. Relatedly, was always concerned with rise of AI-based music creation devaluing the work of actual artists.