The implication of AI-generated music on the industry's business model
Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Witwatersrand, Johannesburg
Abstract
This research report explores how AI-generated music is changing the traditional music industry model. The study uses qualitative research to examine how AI technology affects music creation, distribution, and consumption. It uncovers the challenges and opportunities AI-generated music brings to different music industry players. The research gives insights into how music production is evolving in the digital age by analysing user views, legal frameworks, and economic impacts. Stakeholders can adapt to the changing industry landscape by understanding how AI impacts music. The study shows how AI reshapes music creation and distribution, offering new possibilities for artists and businesses. As technology continues to influence the music industry, grasping the implications of AI- generated music is crucial for staying relevant and innovative in this dynamic environment
Description
A research report submitted in partial fulfillment of the requirements for the degree of Master of Management in the field of Digital Business to the Faculty of Commerce, Law, and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2024
Keywords
AI Generated music, Generative AI, Music industry, Music, Artificial Intelligence, Implication of A, UCTD
Citation
Lothe, Nkosinathi. (2024). The implication of AI-generated music on the industry's business model [Master’s dissertation, University of the Witwatersrand, Johannesburg].WireDSpace.