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20/12/2024 - Italy May Face €22 Billion Copyright Crisis Due to AI (Italy)

argument: Notizie/News - Intellectual Property Law

Source: 9Colonne

The article highlights the concerns raised by SIAE (Italian Society of Authors and Publishers) regarding the financial risks posed by artificial intelligence to the copyright sector in Italy. According to SIAE, unauthorized use of copyrighted materials by AI systems, particularly in content generation, threatens to undermine the value of creative industries, with potential losses estimated at €22 billion by the end of December 2024.

A major issue is the lack of clear regulations addressing AI’s use of copyrighted content. SIAE is advocating for urgent measures, including robust licensing frameworks and stronger enforcement of copyright laws. They emphasize that without such measures, creators risk losing control over their intellectual property, while technology companies profit from unregulated access.

The article also points to the broader European context, referencing the EU’s ongoing legislative efforts, such as the AI Act, to establish comprehensive rules for AI applications, including those impacting intellectual property. It concludes by stressing the importance of protecting cultural and creative sectors in the face of rapid technological change.