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Eminem, AI and me: why artists need new laws in the digital age

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In the 74,833 words of a book I am writing, there are six words that, when strung together in a specific 12-word sequence, I cannot say. It’s a single line from the song Bloodbuzz Ohio by the National, which goes: “I still owe money to the money to the money I owe.”

My book is a memoir about the psychological toll that what I term “desperation capitalism” took on millennials in particular, and how it pushed tens of millions of people to try to find a way out of financial precarity by engaging in high-risk financial activity. It’s told through the lens of my own experience of falling deeper and deeper under the spell as I spent 11 months trading a few thousand dollars into more than $1.2m, and then 18 months chasing my losses all the way down to zero. Well, more than zero, in fact, since by the end I owed the US government nearly $100,000 in taxes on phantom gains that no longer existed.

Cue that line from the National as a perfect stage-setting epigraph – though only in theory. Song lyrics, my publisher informs me, are subject to notoriously strict copyright enforcement and the cost to buy the rights is often astronomical. Fat chance as well, then, of me quoting Eminem to talk about how Lose Yourself seeped into the psyche of a generation when he rapped: “You only get one shot, do not miss your chance to blow, this opportunity comes once in a lifetime.”

Oh would it be different if I were an AI company with a large language model (LLM), though. I could scrape from the complete discography of the........

© The Guardian