Universal Music Group says fake AI ‘pre-release’ tracks are fetching between $5,000 and $30,000 apiece as part of elaborate scams. The Big Three label shed light upon the little-discussed and decidedly lucrative AI practice in a recent contribution to the World Intellectual Property Organization (WIPO). Entitled “Artificial Intelligence in the Music Industry: Its Use by Pirates and Right Holders” and penned specifically by UMG VP of global content protection Graeme Grant.
Source: Universal Music Takes Aim At Fake AI Tracks Fetching Thousands