AI-Generated Music Revenue Trends

AI-Generated Music Revenue Projections

• AI-generated music revenue is predicted to reach $16 billion in 2028, up from $1 billion currently.
• The audiovisual sector is expected to see a similar increase, jumping to $48 billion from $2 billion.
• Projected losses for artists in both sectors are estimated to exceed $4 billion.

Impact on Specific Roles

• Short-term impact is likely to be more significant for dubbing artists and translators.
• Directors and screenwriters are projected to be less affected initially.

Potential AI-Music Implementation Scenarios

• AI-generated music may replace background music in various settings (e.g., shops, public spaces).
• Content shared on social media may increasingly feature AI-generated music.
• AI-generated music could be used to reduce costs in low-budget films, games, and series.
• AI could create cartoons and videos for children's products and advertisements.
• Existing practices like scriptwriting and directing could be outsourced to computer programs.

Explore the projected growth of AI-generated music and its impact on various roles in the audiovisual sector. This quiz delves into revenue forecasts and potential implementation scenarios, highlighting both opportunities and challenges for artists and creators.