AI music sending traditional industry into 'panic', says new AI music platform CEO
Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has seen a particular struggle in the creative industries.
Major players in the music industry from artists and record labels to institutions like the Grammys and YouTube have all had to factor in AI in some form.
In the midst of traditional spaces in the music industry dealing with technology, new platforms are popping up that are embracing the technology from the start. Musixy.ai launched on Sept. 14 to serve as a streaming platform, label and marketplace for music exclusively generated by AI.
Cointelegraph spoke with Can Ansay, the CEO and founder of Musixy.ai, to better understand how giving AI-generated music its own space could shape the future music industry.
Musixy.ai said that it aims to become the “Spotify for AI hit songs,” particularly those that have been banned from other platforms. Over the last year, Spotify and other major streaming platforms have become more vigilant after Universal Music Group sent out an email asking them to step up their policing of copyrighted AI tracks.
Ansay said “the establishment” or major labels are in panic mode again, “as it was back then with Napster, because they fear revenue losses due to a new disruptive technology.”
He said AI presents “talented producers” with the ability to produce and monetize a hit song with any famous voice in any language. Musixy.ai particularly emphasizes the creation of new and covered hit songs with AI-generated vocals of well-known artists.
Related: AI-generated music challenges “efficiency” and “cost” of traditional labels, music exec.
Musixy.ai
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