Envato has introduced MusicGen, an AI-generated music tool that allows creators to generate custom tracks from text prompts, raising concerns about the impact on human musicians’ income as it bypasses traditional licensing and royalty payments. As AI-generated music now accounts for a significant portion of content on streaming platforms, the lack of fair compensation and accountability threatens to undermine the livelihoods of artists who rely on sync placements, the use of music in conjunction with visual media, for revenue.
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