I am really looking forward to partnering with Artist and the Machine and Spice Capital during NY Tech Week next week to discuss what the future holds for creativity and artists in the world of AI. While AI can make productions and games more technically efficient to create, we have also seen the tensions playing out in the more creative context (for example, the development of AI to sound like an actor's voice) without compensating the artist. Sharing this great quote from our client and founder Gaurav Sharma @ Hook Music in discussing the next frontier of reaching superfans in this new world.
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What's Next for Artists and AI?
For the first time ever, an artist can put a song out and it might be a fan-created flavor of it that connects,” says Gaurav Sharma, founder of Hook, a platform that helps rightsholders monetize user-generated remixes. “Community is being built around music on social media, and fan remixing is a way to be unique in that expression.” It may be hard for major streaming services to cater to this type of fandom, though, due to rights issues: Labels probably aren’t going to condone unauthorized remixes on prominent music streamers. (This is the problem Hook is trying to solve.)