AI Impact: How AI is transforming the music industry

CNBC Television
28 Mar 202404:33

Summary

TLDRThe video explores the impact of AI on the music industry, highlighting Google's Dream Track tool, which allows users to create songs featuring the voices of popular artists like John Legend and Demi Lovato. This initiative aims to provide artists with guardrails to protect their voices while enabling them to profit from custom music. As generative AI transforms music creation, concerns about artists' rights and the potential for exploitation arise. While tools like Dream Track showcase rapid content creation, the industry must navigate challenges to fully harness AI's potential while ensuring artists feel secure and involved.

Takeaways

  • πŸ˜€ A.I. is significantly disrupting various industries, including music.
  • 🎢 YouTube's Dream Track tool creates A.I.-generated songs using the voices of famous artists.
  • πŸ’° The initiative aims to protect artists' rights and ensure they profit from custom music.
  • πŸš€ Dream Track is integrated into YouTube Shorts, rivaling TikTok.
  • 🎀 Notable artists like John Legend and Demi Lovato participate in the project.
  • πŸ“ˆ The tool quickly generates music, hinting at a potential future of scalable custom music.
  • πŸ›‘οΈ YouTube is working on guardrails to prevent exploitation of artists' voices.
  • πŸ€– While the technology shows promise, there are challenges to fully scale the product.
  • πŸ“Š There is a concern that A.I. may favor established artists over emerging ones.
  • πŸŽ‰ Creators are excited about the fun and innovative aspects of A.I. in music production.

Q & A

  • What is the main focus of the A.I. music tool discussed in the transcript?

    -The main focus is on YouTube's Dream Track tool, which uses A.I. to create custom songs, including using the voices of famous artists.

  • How does YouTube plan to protect artists in relation to A.I. music creation?

    -YouTube is partnering with record labels to create guardrails that protect artists' voices from exploitation and ensure they can profit from custom music.

  • Which artists are mentioned as participants in the Dream Track tool?

    -Artists mentioned include John Legend, Demi Lovato, and T-Pain, among others.

  • What was the purpose of the demo that included a song about the stock market?

    -The demo aimed to showcase the capabilities of the Dream Track tool in generating music quickly and efficiently.

  • What challenges are associated with scaling the Dream Track product?

    -There are several challenges that need to be addressed before fully scaling the product, including technical and operational hurdles.

  • What potential impacts does A.I. music creation have on smaller artists?

    -Smaller artists may struggle to gain recognition and profit in an environment increasingly dominated by larger names that can leverage A.I. technology.

  • How do artists feel about the use of their voices in A.I. generated music?

    -Artists may embrace A.I. music creation if they feel they can profit from it and have control over how their voices are used; however, they see the risk of exploitation as a significant threat.

  • What did the correspondent note about the speed of the Dream Track demo?

    -The correspondent noted the remarkable speed at which the generative A.I. tool was able to create music during the demo.

  • How might the A.I. music trend affect the concert business?

    -The A.I. music trend could primarily benefit well-established artists and major names in the concert business, making it harder for new or smaller artists to break through.

  • What sentiment did the correspondent express about the future of custom music?

    -The correspondent expressed excitement about the potential of custom music creation when the technology is available at scale.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
AI MusicYouTube ShortsGenerative AIMusic IndustryCustom MusicArtist RightsDigital InnovationContent CreationMusic TechnologyCollaboration