Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds

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The Guardian 1d ago

Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds - The Guardian

Quick Summary:

Those working in the audiovisual sector will also see their income shrink by more than 20% as the market for generative AI grows from €3bn (A$4.9bn) annually to a predicted €64bn by 2028.

People working in the music sector will lose almost a quarter of their income to artificial intelligence within the next four years, according to the first global economic study examining the impact of the emerging technology on human creativity.