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Explore the legal and ethical implications of training foundation models on copyrighted material in this 57-minute Google TechTalk presented by Peter Henderson. Delve into the complexities of fair use doctrine in the United States and other countries, examining how it applies to the development and deployment of AI models. Understand the potential risks and limitations of fair use when model outputs closely resemble copyrighted content, particularly in market-affecting scenarios. Discover experimental evidence showing popular foundation models' ability to generate content similar to copyrighted material. Learn about technical mitigations that can help align foundation models with fair use principles and the need for further research in this area. Consider the potential for co-evolution of law and technical strategies to balance intellectual property rights and innovation. Gain insights from Peter Henderson, a JD-PhD candidate at Stanford University, on the challenges and future directions in addressing the legal and ethical concerns surrounding foundation models and copyrighted content.