Trapital
The Generative AI Music Sweepstakes
May 24, 2024
Guest Tati Cirisano from MIDiA Research discusses the booming market for generative music, questioning data training and rights holders compensation. They explore the impact of generative AI music on the industry, highlighting customization options and copyright concerns. The conversation delves into the challenges faced by music startups, legal implications in AI music development, and the evolving role of creators in using AI tools for music creation.
32:00
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Quick takeaways
- AI music platforms attract significant investments, raising concerns about data training and rights holder compensation.
- AI music tools are reshaping the industry by blurring the lines between consumers and creators, signaling a transformation in music creation.
Deep dives
AI Music Creation Platforms Raising Funding
AI music creation platforms have been attracting significant investments, with one platform raising $125 million and another raising over $10 million. However, concerns have emerged regarding data training, rights holder compensation, and the positioning of these platforms in the music industry.
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