After Music NFT Relaunch, LimeWire Is Adding AI Tools—Here's Why - Decrypt

LimeWire, the music NFT marketplace and former peer-to-peer service, has launched a decentralized AI creator studio backed by Ethereum scaling network Polygon, aiming to democratize the creative industry by offering AI-generated images, music tools, and fair payment structures for artists.

decrypt.co

Relevant topic timeline:

4/17/2023

AI, NIL, and Zero Trust Authenticity

This article discusses the value of music in the age of AI and streaming platforms. It explores the concept of Name, Image, and Likeness (NIL) and how it relates to the value of artists like Drake. The article also examines the role of AI-generated content and the importance of authenticity in the digital age. It suggests that a Zero Trust Authenticity approach, similar to zero-trust networking, could be the way forward for content verification.

4/17/2023

AI, NIL, and Zero Trust Authenticity

Main topic: The value of music and content in the age of AI and streaming platforms. Key points: 1. The value of music lies in the artist's name, image, and likeness, rather than the intrinsic musical value. 2. Streaming platforms like Spotify rely on the number of streams and subscribers for revenue, which means per-stream payments may seem low. 3. Competition in the music streaming industry makes it difficult for new artists to break through, leading to the success of established artists like Drake. 4. Record labels are concerned about AI-generated music and are taking measures to protect their copyrighted songs. 5. The future of content authenticity lies in a zero-trust approach, where verification and attribution become crucial for determining the value of content.

8/26/2023

How can the synergy of AI and blockchain disrupt the music industry?

The combination of AI and blockchain can revolutionize the music industry by enhancing creative capabilities and ensuring transparency in revenue distribution while addressing ethical and legal concerns associated with AI-generated content.

Topics

Posted 8/30/2023, 9:21:32 PM

After Music NFT Relaunch, LimeWire Is Adding AI Tools—Here's Why - Decrypt

decrypt.co

Relevant topic timeline:

4/17/2023

AI, NIL, and Zero Trust Authenticity

4/17/2023

AI, NIL, and Zero Trust Authenticity

8/26/2023

How can the synergy of AI and blockchain disrupt the music industry?