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Generative AI's impact on creative industries is unfolding through economic shifts and legal challenges, affecting job markets and redefining artistic
As the global economy moves towards ubiquitous digitisation, the demand for and generation of data is experiencing exponential growth, as are computational requirements and user adoption of AI products and services. This growth is forcing big-tech incumbents to expand capital expenditure. Undergirding this dynamic is the confluence of increasing frontier model training costs and plummeting inference costs. Revenue streams of AI companies are furt