Would be funny if NT Times won this and all commercial LLMs were shut down. Then LLMs would be distributed only via torrents, like most copyright infringing media.
What will happen in this case is that large content providers will get paid directly and smaller content providers will get rolled up into a licensing bag and get small indirect payouts. For example, we might see a model where people who's books have been used will get a pay out proportionate to the sales of the book (perhaps), so if your books sells just a few thousand copies expect $20 but if you sell millions expe…
I'm sure that's what they want, but I'm not sure that's what the outcome will be. What if they want to charge a prohibitive amount of money for their content?