TLDR:
Some production libraries are licensing their music to AI companies for training AI models, which could potentially degrade the production music business. AI companies may not pay for the music they use for training, posing a threat to the existing music business. However, licensing to AI companies has created jobs for musicians in the short term.
Key Elements:
- AI companies are using production music libraries to train AI models, potentially competing with them in the future.
- Some AI companies believe they don’t need to pay for the music they use for training, which poses a threat to the existing music business.
- Licensing to AI companies has created jobs for musicians in the short term, but long-term risks exist.
- Experts advise that any deals with AI companies should be carefully considered and include safeguards to protect the music libraries.
Some production libraries are embracing AI as a new source of revenue. However, experts worry it could “degrade” the entire $1 billion production music sector. AI companies are using production music libraries to train competitive models to generate music, with some not paying for the music they use. Licensing to AI companies has created jobs for musicians in the short term, but long-term risks exist. Experts advise that any deals with AI companies should be carefully considered and include safeguards to protect the music libraries.