AI & IP: Who owns music made by a machine?
Remember Napster? A bunch of kids got laughed out of a music boardroom with a scrappy prototype for distributing music on this new thing called the internet. They launched independently, and in five years’ time the music industry’s total revenue had collapsed to a third of its peak. It never recovered. We’re sitting at the precipice of a new important technological shift in music – the emergence of creative Artificial Intelligence – and there’s that same intoxicating smell of opportunity mixed with potential catastrophe looming in the air.
This time, it’s all about intellectual property. And we need to get it right.