Music Ally Focus Music-tech today and tomorrow: Stuart Dredge gets past the hype, gets to grips with Music AI, and gets excited about music fintech, music ecotech, and music healthtech
8 snips
Oct 10, 2024 
Stuart Dredge, Head of Insight at Music Ally, brings his expertise to the discussion on a range of pressing topics. He delves into the evolving role of AI in music, exploring its impact on creativity and the legal challenges it poses. Dredge also discusses the exciting developments in music fintech, ecotech, and healthtech, highlighting how technology is driving sustainability and innovation. He emphasizes the therapeutic potential of music, especially in healthcare, revealing how AI can personalize music experiences to benefit mental health.
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Cycle of Music Tech Hype
- The music industry embraces new tech hype cycles with enthusiasm and experimentation.
- Despite hype fading, long-term meaningful work continues beyond the headlines.
Value in Quiet Innovations
- Shiny, headline-grabbing tech often overshadows less flashy but vital innovations.
- Music fintech and royalty tracking may deliver more lasting impacts than hyped fads like NFTs.
AI Generates Both Hope and Fear
- AI in music is met with both excitement and terror from rights holders.
- The fear reflects AI's potential to radically disrupt traditional music business models.