Intellectual Property and Creative Machines

Gaétan de Rassenfosse, Adam Jaffe and Joal Waldfogel
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Joal Waldfogel: University of Minnesota

Working Papers from Chair of Science, Technology, and Innovation Policy

Abstract: The arrival of creative machines—software capable of producing human-like creative content—has triggered a series of legal challenges about intellectual property. The outcome of these legal challenges will shape the future of the creative industry in ways that could enhance or jeopardize welfare. Policymakers are already tasked with creating regulations for a post-generative AI creative industry. Economics may offer valuable insights, and this paper is our attempt to contribute to the discussion. We identify the main economic issues and propose a framework and some tools for thinking about them.

Keywords: generative AI; machine learning; copyright; fair use (search for similar items in EconPapers)
JEL-codes: K20 O34 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2024-06
New Economics Papers: this item is included in nep-ain, nep-cul, nep-ipr, nep-law and nep-tid
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https://cdm-repec.epfl.ch/iip-wpaper/WP27.pdf (application/pdf)

Related works:
Journal Article: Intellectual Property and Creative Machines (2025)
Chapter: Intellectual Property and Creative Machines (2024)
Working Paper: Intellectual Property and Creative Machines (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:iip:wpaper:27

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