Musicians, take heed: Embrace the 'unstoppable force' of AI, urges Eurythmics' Dave Stewart. The music industry is on the cusp of a major upheaval, and it's time for artists to adapt and thrive. Stewart, a legendary figure in the industry, predicts a significant shift as AI becomes an integral part of the creative process. He argues that musicians should license their music to generative AI platforms, allowing for new and innovative creations. These platforms use AI to analyze existing songs and generate unique tracks based on user prompts, opening up exciting possibilities for collaboration and creativity.
The music industry is already witnessing a transformation as major labels like Universal and Warner partner with AI platforms like Udio and Suno. This enables anyone to create and manipulate music based on the work of signed artists, marking a new era of accessibility and innovation. Stewart emphasizes the need for artists to take control of their work and embrace the potential of AI. He believes that by licensing their music, artists can benefit from the technology while maintaining ownership and creative autonomy.
However, Stewart acknowledges the concerns of artists regarding AI's potential to replace human creativity. He encourages a balanced approach, where AI is seen as a tool to enhance, rather than replace, artistic expression. He recommends studying Gilbert and George's Ten Commandments for artists, emphasizing the importance of embracing the unknown and taking creative risks.
To support this vision, Stewart, along with entrepreneurs Dom Joseph and Rich Britton, founded Rare Entity. This venture aims to empower creatives by providing financial support and creative guidance for projects and ideas. By taking a share in the earnings, Rare Entity ensures that artists retain control and ownership of their work, even in the rapidly evolving digital landscape. Stewart's journey with Rare Entity reflects his belief in the power of technology to revolutionize the industry while preserving the artist's voice.