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by xorcist 4 days ago
> the hope is that if everyone breaks the law enough, it'll just be fine

Ever since the early 2010s when companies were started with the business idea "unlicensed hotels" and "unlicensed taxis" and made the owners really, really rich, this is said pretty much out loud. Look for words like "regulatory risks" and similar.

Maybe it started with the unlicensed gambling fad before that? That also made a lot of people filthy rich. Every time you have something under special license, or insuance requirements, then of course there is a margin for you if you can skimp on the license and hire gig workers instead.

The LLM situation with copyright and derived works in the 2020s is similar. Someone is likely to be rich, but there is a clear regulatory risk to it.