Authors could increasingly utilize AI to assist them combat creative stagnation, as stated by a top publishing executive.
The founder of the publisher behind the bestselling Harry Potter series suggested that AI could benefit the vast majority of artistic fields, although it will not entirely substitute prominent authors.
"I think, artificial intelligence will probably enhance creativity, because it can help the eight billion people worldwide to get started in a creative field where they could have been reluctant previously," he stated.
"Artificial intelligence helps them begin and drafts the initial section or beginning of the book, enabling them get back into a creative flow," he continued. "And, it is capable of comparable tasks in visual arts, musical creation, and across the majority of artistic disciplines."
Potential Challenges with AI-Generated Books
However, the executive cautioned that a challenge could arise if artificial intelligence is utilized to produce complete novels. Still, he pointed out that book lovers in the end prefer books authored by renowned writers.
"We are hardwired biologically to feel secure by the credibility and reliability of big brand names, and this holds true more than ever to the names of celebrated writers," he said.
"There will be a certain amount of low-quality material available, so people will turn increasingly to reliable outlets for reassurance," he added.
Recent Performance in the Book Sector
Revenue for the publisher have seen growth in the past few years by a group of high-profile authors, including a acclaimed author of fantasy whose fame has grown on digital platforms.
This writer behind the popular "romantasy" book series has moved in excess of 70 million units of her titles in English worldwide. Every one of her books are released by the same publisher.
Last week, the company, which is headquartered in the UK and has around one thousand employees, recorded a share rise of up to ten percent in a single day following it announced a 20% rise in revenue in its academic sector in the first half of its accounting year, primarily due to an AI-related licensing arrangement.
Difficulties in the General Public Sector
That said, income in its general publishing division fell by around twenty percent, mostly because of the absence of a recent release from the bestselling author.
Writers and Artificial Intelligence: A Complicated Dynamic
Even as the executive suggested that artificial intelligence may support beginning writers, many established writers have clashed with AI developers in recent times.
In September, an artificial intelligence developer settled for one and a half billion dollars to settle a class action lawsuit in the United States initiated by authors who claimed that the company utilized illegally obtained versions of their writings to train its conversational agent.