We made some predictions earlier about where the music industry was headed in 2025, with AI likely playing a part of that. Looks like the industry is seeing some of the same, according to this Medium article: https://lnkd.in/gEHNye67 If you have any other predictions not listed here, we want to hear them.. Comment below!
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"When it comes to AI in music, there are reasons to be hopeful, especially when we contrast what’s going on today with past upheavals." SoundExchange President and CEO Michael Huppe writes about the impact of AI on the music industry. Read more in Forbes: https://lnkd.in/eydWuJQg
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I’m going to give you guys the blueprint of how I believe the music industry is going to go: First was Fan Interaction: Where fans were able to buy music through vinyl, cassettes, and CDS. Fans were able to discover new music through traditional radio and cable TV which increased opportunities to interact with new music from breaking artists. With the advent of social media and music streaming came the next wave which is Fan Engagement: Now fans can actually engage with music through home videos which became a viral engine through platforms like YouTube and TikTok. Music streaming platforms like Spotify were able to simplify Fan Interaction through user generated fan-made albums (playlists) and discovery through algorithmic recommendations. Now, with generative AI comes a unique opportunity I call Fan Participation: For the first time in the history of the music business, fans can become part of the creative process and work with artists on a much more deeper level. Artists can earn royalties through the creative imagination of the fans. I look at Grimes AI as a perfect example of this. There are so many applications and possibilities that is untapped and riped for innovation. Instead of looking at it like Napster 4.0, majors need to take a double look at new AI technologies that can enhance the fan participation experience. Music used to be an art form where certain creators can benefit. Now with AI, the art can be shared and collaborated with the fans. This not only increases fan engagement but also fan interaction as well. It’s a triple-win for major record companies and large indies.
New Op-Ed I wrote for Music Business Worldwide (MBW) about the future of music as generative AI moves transforms the world of creation. https://lnkd.in/g9Bz5Nki
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Seven Principles for Music Creation with AI have been outlined as follows: - “We believe music is central to humanity.” - “We believe humanity and music are inseparable.” - “We believe that technology has long supported human artistic expression, and applied sustainably, AI will amplify human creativity.” - “We believe that human-created works must be respected and protected.” - “We believe that transparency is essential to responsible and trustworthy AI.” - “We believe the perspectives of music artists, songwriters, and other creators must be sought after and respected.” - “We are proud to help bring music to life.” Originally published by Musictech. https://lnkd.in/gQRZXJty
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New Op-Ed I wrote for Music Business Worldwide (MBW) about the future of music as generative AI moves transforms the world of creation. https://lnkd.in/g9Bz5Nki
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Music Industry Unites to Protect the Rights of Musicians Amid Risks of Generative AI Technology Read More https://lnkd.in/ddFDXSyS More than fifty prominent music companies, associations, and institutions globally have added their support to the “Principles for Music Creation with AI” manifesto. Introduced by Roland Corporation and Universal Music Group (UMG) in March 2024, these Principles are a series of clarifying statements relating to the responsible use of AI in music creation, aiming to protect the essence of music — its human spirit. Newly supporting organizations include NAMM, Native Instruments, Focusrite, Waves, LANDR, Eventide, GPU Audio, and many more. #artificialintelligence #generativeAI #ethicalstandards Roland Corporation U.S. Universal Music Group #aiformusic
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A timely and essential read on AI and music, culture and society. https://lnkd.in/gJSqQjX5
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