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Prominent Australian musicians Jimmy Barnes, Missy Higgins, and Bernard Fanning have expressed serious concerns regarding the impact of generative AI on the music industry. A recent report, the AI and Music Survey, published by Australia's music rights organization, predicts that by 2028, the music sector could face cumulative losses amounting to approximately $519 million due to AI advancements. This alarming forecast highlights the potential risks to the livelihoods of music creators as AI technology continues to evolve.
The report underscores a growing anxiety among artists about the future of their craft in an age where AI can replicate musical styles and compositions. With nearly a quarter of music creators' revenues at risk, the implications of AI on creativity and originality in music are profound. As the industry grapples with these challenges, the voices of established artists like Barnes, Higgins, and Fanning are crucial in advocating for the protection of human artistry against the encroachment of technology.
Sydney Morning Herald 13month
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