Three Ways AI is Reshaping the Music Business
The role of artificial intelligence (AI) tools in business and the global economy is a hot topic across industries. This is not surprising given the fact that AI has the capacity to effect tremendous transformations in the way businesses interact with their respective consumers. This future of a business landscape reshaped by technology is no longer something organizations can ignore. The fourth industrial revolution is in full effect, and companies, particularly in the music business, need to prepare a new set of strategies if they are to adapt and take full advantage of AI’s wave of change.
The big question for artists is: will AI assist the musician or is it going to be the musician? The answer appears to be both, and top technology companies, music labels, and venture capital firms have already begun investing in the future of machine-created and/or assisted music.
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