Can AI Music Be A Real Growth Market?

The conversations around the usage of AI in music can get quite nebulous without proper framing. On one hand, Suno’s current role, according to CEO Mikey Shulman, is that it’s the Ozempic of the music industry: everyone is on it, but no one is telling you. With 2 million paid subscribers and $300 million in annual recurring revenue, the sizable base is there. The question now is what the ceiling looks like. The belief that “most of the music on Suno is bad,” is also accurate. But most songs on Spotify are not good.

Source: Can AI Music Be A Real Growth Market?

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