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First is artificialintelligence, ML and ChatGPT and all of the new technology that will make people obsolete. Just as the loom did not replace all workers - in fact created more jobs - AI will not replace all workers but create new roles and new jobs, as well as new products, services and business models.
Since January of 2024, we have seen a significant growth in the number of companies generating music via AI, GenAI Music Companies. ChatGPT and similar algorithms) is to generate new music using ‘training data sets’ which in the world of music, is generally music from artists and labels.
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