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Music Business Worldwide - As ChatGPT sets the internet aflame, will AI write the lyrics of tomorrow's hits?
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As ChatGPT sets the internet aflame, will AI write the lyrics of tomorrow's hits?

01/23/23 • 33 min

Music Business Worldwide

Welcome to the Music Business Worldwide Podcast supported by Voly Music. On this episode, MBW founder Tim Ingham speaks to AI expert, and the CEO of LyricStudio, Dr. Maya Ackerman.
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Bloody Elon Musk. Not content with doing beastly things to Twitter (like, erm, marginally improving the user experience), he's also triggered the actual beginning of the actual end of the world.
Well, not directly. But Musk was one of the co-founders and funders of San Francisco-headquartered OpenAI, which is the progenitor of ChatGPT – the AI-powered online tool that can not only research and regurgitate online facts, but also weave that regurgitation in a variety of generated tones and styles.
Some tech experts are so impressed with ChatGPT, they say, in just a few more iterations, it will become a serious challenger to (and perhaps even surpass the usefulness of) Google, and turn the business of online search upside down.
(The next chapter in this sci-fi novel: ChatGPT gains sentience, turns our own long-trusted devices against us, and subjugates the human race. But that's probably still a few years away, so chill out, and, as Warren Zevon famously recommended, Enjoy every sandwich.)
The music industry is actually a little ahead of the curve on this topic. Because language-based 'generative AI' platforms are already transforming this business in a meaningful way – in the world of lyric writing.
LyricStudio, owned by California-headquartered parent WaveAI, produces original lyrics for songwriters in a style that mimics their own. In this sense, it's 'assistive AI' – a human companion, a muse. "When it comes to curing writer's block, there is nothing as powerful as LyricStudio," its website boasts.
LyricStudio's popularity is already mind-boggling: to date, it has been responsible for 'assisting' the creation of over a million songs, from over a million songwriters, musicians and producers. At least 15% of the people that use it, say LyricStudio, are professional music-makers.
One of those artists, rapper Curtiss King, released a No.1 album (on the US iTunes chart) last summer – with lyrics written/'assisted' by LyricStudio.
On this Music Business Worldwide podcast, the co-founder and CEO of WaveAI/LyricStudio, Dr Maya Ackerman, discusses the future for AI and music... especially when it comes to lyric writing.
Ackerman has some powerful credentials: she is a professor of AI at the Computer Science and Engineering Department at Santa Clara University, as well as a singer, songwriter and music producer. She earned her PhD in Computer Science from the University of Waterloo, held Postdoctoral Fellowships at Caltech and UC San Diego, and has published over 50 peer-reviewed research publications.
We ask her all about LyricStudio and the moral and artistic quandaries presented by the use of 'generative AI' in music-making. She points out that, so long as everyone in her field behaves ethically – which they surely all will, right? – there shouldn't be a music-biz-ending conclusion to this tale...

Music Business Worldwide's Podcasts are supported by Voly Entertainment (previously known as Voly Music).

plus icon
bookmark

Welcome to the Music Business Worldwide Podcast supported by Voly Music. On this episode, MBW founder Tim Ingham speaks to AI expert, and the CEO of LyricStudio, Dr. Maya Ackerman.
------
Bloody Elon Musk. Not content with doing beastly things to Twitter (like, erm, marginally improving the user experience), he's also triggered the actual beginning of the actual end of the world.
Well, not directly. But Musk was one of the co-founders and funders of San Francisco-headquartered OpenAI, which is the progenitor of ChatGPT – the AI-powered online tool that can not only research and regurgitate online facts, but also weave that regurgitation in a variety of generated tones and styles.
Some tech experts are so impressed with ChatGPT, they say, in just a few more iterations, it will become a serious challenger to (and perhaps even surpass the usefulness of) Google, and turn the business of online search upside down.
(The next chapter in this sci-fi novel: ChatGPT gains sentience, turns our own long-trusted devices against us, and subjugates the human race. But that's probably still a few years away, so chill out, and, as Warren Zevon famously recommended, Enjoy every sandwich.)
The music industry is actually a little ahead of the curve on this topic. Because language-based 'generative AI' platforms are already transforming this business in a meaningful way – in the world of lyric writing.
LyricStudio, owned by California-headquartered parent WaveAI, produces original lyrics for songwriters in a style that mimics their own. In this sense, it's 'assistive AI' – a human companion, a muse. "When it comes to curing writer's block, there is nothing as powerful as LyricStudio," its website boasts.
LyricStudio's popularity is already mind-boggling: to date, it has been responsible for 'assisting' the creation of over a million songs, from over a million songwriters, musicians and producers. At least 15% of the people that use it, say LyricStudio, are professional music-makers.
One of those artists, rapper Curtiss King, released a No.1 album (on the US iTunes chart) last summer – with lyrics written/'assisted' by LyricStudio.
On this Music Business Worldwide podcast, the co-founder and CEO of WaveAI/LyricStudio, Dr Maya Ackerman, discusses the future for AI and music... especially when it comes to lyric writing.
Ackerman has some powerful credentials: she is a professor of AI at the Computer Science and Engineering Department at Santa Clara University, as well as a singer, songwriter and music producer. She earned her PhD in Computer Science from the University of Waterloo, held Postdoctoral Fellowships at Caltech and UC San Diego, and has published over 50 peer-reviewed research publications.
We ask her all about LyricStudio and the moral and artistic quandaries presented by the use of 'generative AI' in music-making. She points out that, so long as everyone in her field behaves ethically – which they surely all will, right? – there shouldn't be a music-biz-ending conclusion to this tale...

Music Business Worldwide's Podcasts are supported by Voly Entertainment (previously known as Voly Music).

Previous Episode

undefined - These worrying stats send a clear message: Give us a Spotify price rise now.

These worrying stats send a clear message: Give us a Spotify price rise now.

Hello and welcome to the first episode of 2023 of Talking Trends – a podcast from Music Business Worldwide, supported by Voly Music.
As ever on Talking Trends, we'll be diving behind a major entertainment industry headline to explain what’s really going on.

It’s a new year, which means a bucketful of music biz statistics about the prior 12 months – in this case 2022 – are tumbling out of trade bodies in all major markets.

The data Ingham focuses on here has just been published by the UK’s Entertainment Retailers’ Association, which both monitors the commercial entertainment market in Britain, and represents companies like Spotify, YouTube, Deezer and Amazon.

The latest batch show a dramatic slowdown in the annual growth in money being spent on music streaming subscriptions in 2022.
They suggest 'peak streaming' may be coming to the UK sooner rather than later – and seem to accentuate the need for streaming price rises (especially from Spotify) to keep growth at healthy levels in the years ahead.

Music Business Worldwide's Podcasts are supported by Voly Entertainment (previously known as Voly Music).

Next Episode

undefined - He built TikTok's music AI tech. But he says robots will never replace human songwriters.

He built TikTok's music AI tech. But he says robots will never replace human songwriters.

Welcome to the Music Business Worldwide Podcast supported by Voly Music.
On this episode, MBW founder Tim Ingham speaks to Ed Newton-Rex, VP of Audio at Stability AI – and one of the world's foremost experts on generative AI in the field of music.
An entrepreneur and inventor, Newton-Rex built the pioneering AI-driven music-making platform Jukedeck, before selling it to TikTok in 2019.
He then went on to work at TikTok as Product Director of the company's AI Lab – as TikTok looked to build on Jukedeck's impressive song-forming technology.
Newton-Rex left TikTok in 2021 to join music startup Voisey, which was subsequently sold to Snap Inc (parent of Snapchat).
These days, Newton-Rex is VP of Audio at Stability AI, which is best known as the home of AI-powered text-to-image creator Stable Diffusion.

Music Business Worldwide's Podcasts are supported by Voly Entertainment (previously known as Voly Music).

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