ARTIFICIAL INTELLIGENCE IN THE MUSIC INDUSTRY

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 ARTIFICIAL INTELLIGENCE IN THE MUSIC INDUSTRY

Music technology is the new music industry, but how does it effect the already starving artist. In the music technology world, AI has been the the talk of the industry. New companies such as Mubert allow users to select a mood, and the AI program will create new, original, royalty-free music in real time. Now determining if the music actually touches the “soul” is up to the user. This will however have a natural effect on the industry considering music licensees will now have an option to create music versus shop for music. Some of these technology business models will compensate composers to upload their music for the AI to recreate alternative versions. AI Jukedeck, a UK-based AI Music startup which has raised $2.5m to date from investors such as Cambridge Innovation Capital, plus Parkwalk Advisors, Backed VC and Playfair Capital. There is still a while before AI music is mainstream, but it is one of those technologies that’s coming, ready or not. 

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