Artificial intelligence could transform the future of sound. The market for generative AI in the music industry is taking off, with both huge opportunities and substantial risks for creative professions. A study by Goldmedia consulting and research group found that music creators could lose up to 27 percent of their revenue by 2028 as a direct result. Klaus Goldhammer, Managing Director of Goldmedia, says artists are calling for regulations to protect their jobs.
Related Posts
Trump vows steep tariffs on Mexico, Canada and China over drug trafficking, migration
US President-elect Donald Trump has announced that he will slap a 25 percent across-the-board tariffs on all imports from Mexico and Canada unless they stop […]
Germany’s ruling coalition collapses over economic issues after finance minister sacked
On Wednesday, German Chancellor Olaf Scholz dismissed his finance minister and coalition partner, Christian Lindner, over disagreements on economic policy. The country will now be […]
Norway now has more electric vehicles than petrol-powered cars
Norway’s road federation revealed on Tuesday that the number of electric vehicles on its roads was now larger than the number of petrol cars. Though […]