Event title
- Authors, AI and the Economics of Creativity
Location
Date
- Thursday 7 May 2026, 10:00-11:00
Keynote speakers
- Giorgio Fazio (Chair) (Professor of Macroeconomics Newcastle University)
- Paul Crosby (Senior Lecturer in the Department of Economics Macquarie University)
Event details
Generative AI is rapidly transforming creative markets, raising urgent questions about what happens when human works are used to train machines without consent or payment.
Using authors as a focal case, this seminar examines how AI is reshaping incentives, property rights, and bargaining power in the cultural economy.
Survey evidence from over 400 Australian authors reveals strong resistance to uncompensated AI training, widespread concern about income loss, and limited professional uptake of generative tools.
The findings point to a growing disconnect between the pace of AI innovation and the economic foundations that sustain creative work.
The analysis explores practical policy and market design options, including stronger transparency requirements, collective licensing models, and remuneration frameworks.
The aim is to identify credible pathways that support innovation while maintaining fair and sustainable outcomes for creators.
During the session, Paul Crosby will discuss the study’s data, methodology and findings. There will be time for Q&A following the presentation.
To book a place at this event, please access Authors, AI and the Economics of Creativity.
Convened by the Creative Industries Policy Evidence Centre (Creative PEC).