Creator News Roundup: 01/08/2024

Welcome to the Cosmos news roundup for the creator economy. Every week, we gather the latest news at the intersection of creators and technology to share with our subscribers. It’s raining news in the creator economy! Here are the stories that caught our eye the past few days.

🍭 Looking to fund your content creation? Atmosfy is kicking off a $500,000 creator fund to support its active community of travel influencers. Atmosfy is a mobile app that showcases short-form video in a location-based social networking style - think TikTok meets Foursquare. Here’s a video rundown of what Atmosfy is about.

💎 Logan Paul is offering apologies and refunds for his CryptoZoo NFT game that launched back in 2021. That refund comes with a little *asterisk, though. If refunded, you agree to not sue Logan Paul for anything related to CryptoZoo.

🍭 For creators who want to offer a more personal experience for their audience, you might want to get on the AI chatbot clone train. Kaitlyn Siragusa created an AI “counterpart,” Amouranth, based on herself and it made her $34,000 in revenue in its first 24 hours 😮.

💍 TikTok girlies are sharing their latest side hustle with the hashtag #dataannotation. The hashtag has gotten 5.9M views so far and features vides of people sharing how they’re making cash with remote data annotation jobs where they rate and describe inputs and outputs of AI models to help chatbots learn. Who said AI was getting rid of all our jobs…

〽️ Well in some cases, AI is still taking our jobs 😬. Duolingo “offboarded” 10% of its contractors claiming they don’t need as many people to create content when they can use generative AI to write scripts and course content for their app.

💎 But content creators are still in demand! In 2024, 86% of advertisers say it’s easy to move ad budgets to creator content, while 44% of advertisers plan to increase their investment in creator content, by an average of 25%.

🔴 In creepier news, there’s an emerging trend of AI generated content depicting victims of crime narrating their own death or violence they experienced. Families of the victims are upset and have called the content disgusting. Unsurprisingly, YouTube is not down with this content and will start taking these true crime AI deepfakes down ASAP.

Thanks for reading!