Study reveals 71% musicians fear AI capabilities

A recently published study by the French Society of Authors, Composers and Music Publishers (Sacem) and Germany’s GEMA has revealed that over two-thirds of musicians have concerns about artificial intelligence (AI)’s impact on their livelihoods. 

The survey, which involved over 15000 industry professionals, found that 71 percent fear AI as it might make it increasingly difficult to make a living from their craft. Surprisingly, the report highlighted that 35 percent of respondents had already begun incorporating AI into various aspects of their music creation process.

However, the study also included market analysis and expert interviews, projecting a significant decrease in musicians’ incomes. According to estimates, revenues could fall by 27 percent by 2028, equating to approximately €2.7 billion ($2.9 billion).

The survey also demonstrated that 95 percent of musicians wanted more transparency from companies involved in developing AI tools for the music industry. A similar number of respondents expressed the need for politicians to pay closer attention to the challenges related to AI and copyright.

In response to these concerns, Cecile Rap-Veber, managing director of Sacem, emphasized the importance of making AI activity “virtuous” rather than impeding its progress. She stated that Sacem is actively collaborating with industry stakeholders to develop technical solutions that can identify and manage content generated by AI.

The addition of AI into the music industry has undoubtedly brought about technological advancements, offering new creative possibilities. However, the study also shows the growing apprehension among musicians regarding future financial stability. As the industry navigates this evolving landscape, finding a balance is a must.