In its first-quarter earnings call, Spotify CEO, Daniel Ek, talks about the impact of AI on the music industry. Ek was asked to discuss his thoughts on what opportunities and risks there are from generative AI, he said; “I don’t think I’ve ever seen anything like it in technology, how fast innovation and progress is happening in all the really both cool and scary things people are doing with the AI at the moment. I think it’s important.”
Impact of AI on the Music Industry and Copyright Violation
EK talks about copyright violations and the risks associated with the creative ecosystem. “On the risk side would be not just for Spotify, but I think for our entire creative ecosystem is obviously the question around copyrights and who owns what copyrights and what the fair way would be to attribute value when you’re doing things in name and likeness situations or inspired by a certain artist,” he said.
Ek further said that it will allow people who perhaps don’t know anything about playing music or even know complex music production software tools to now create just using their voice and instructing the AI to make something sound a certain way using descriptions. Moreover, the company has also announced an update on the new AI DJ feature, which offers personalized music selections introduced by a realistic-sounding DJ voice powered by AI.
Also read: Google to Introduce Conversational AI Into Its Search Engine
