I'm an author, and I've confirmed that 3 of my books are in the 500K dataset.
Thus, I stand to receive about $9,000 as a result of this settlement.
I think that's fair, considering that two of those books received advances under $20K and never earned out. Also, while I'm sure that Anthropic has benefited from training its models on this dataset, that doesn't necessarily mean that those models are a lasting asset.
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