Stock image giant Shutterstock has announced an extended partnership with OpenAI, which will see the AI lab’s text-to-image model DALL-E 2 directly integrated into Shutterstock “in the coming months.” In addition, Shutterstock is launching a “Contributor Fund” that will reimburse creators when the company sells work to train text-to-image AI models.
Source: Shutterstock will start selling AI-generated stock imagery with help from OpenAI
Source: ‘Deepfakes’ of Celebrities Have Begun Appearing in Ads, With or Without Their Permission
SoundCloud has launched its official music bot on Discord to enable users to discover new artists, play select tracks from their library, and share their favorite playlists. Adding to Discord’s robust arsenal of features around which online communities thrive, the SoundCloud bot creates opportunities for music lovers to listen to and share SoundCloud tracks with their friends and fans.
Source: SoundCloud Launches Discord Bot to Help Users Find What’s New
Musicians arguably now have more tools at their disposal to bypass, or at least get a headstart on, the traditional pathway to career success by building their online communities from day one. Web3 – what some are calling the next blockchain-based iteration of the internet – will likely transform the way fans consume music and interact with artists.
The RIAA has submitted its most recent overview of notorious markets to the U.S. Trade Representative. As usual, the music industry group lists various torrent sites, cyberlockers and stream-ripping services as familiar suspects. In addition, several ‘AI-based’ music mixers and extractors are added as an emerging threat.
Source: RIAA Flags ‘Artificial Intelligence’ Music Mixer as Emerging Copyright Threat * TorrentFreak
Despite the massive focus on business and gaming, some argue that the real story is that the metaverse will give students access to a better tool for learning. In the near future, we will see a huge improvement in how we teach STEM, history, social sciences, art, and languages.
In the early years of the NFT space thus far, it’s been profile pictures and artwork that have yielded top-dollar sales and consistently dominated headlines. But as the market evolves and the immersive future internet of the metaverse takes shape, will tokenized images continue to be the most prominent use case for NFTs?
Source: JPEGs Are ‘Not the Future of Web3 and NFTs’: Polygon Studios Metaverse Lead – Decrypt
Just in the past few weeks we’ve came to witness numerous headline-making Web3 music moves, such as the sell-out omgkirby x Channel Tres generative Music NFT collection that was ‘spotlighted’ on OpenSea, as well multimedia NFT platform Hume raising $11.7 million in a Series A funding round. According to market research platform Market Decipher, the industry is forecast to reach a valuation of $4.24 billion by 2032.
Source: The Web3 Music Boom
A new paradigm of Web3 tools is giving creators the means to develop an existing audience and transform it into a community. Fan relations have become crucial and they have never been tighter with artists in Web3. Among the many use cases for nonfungible tokens (NFTs), the most prevailing has been the ability to form communities around token holders.
Source: Music NFTs a powerful tool to transform an audience into a community
Ingram Content Group is investing in Book.io, a company making ebooks available on the blockchain where they can be sold as non-fungible tokens (NFTs). According to Book.io, turning e-books into NFTs — a one-of-a-kind digital certificate of ownership for a virtual or physical asset — “will allow readers to truly own the digital books they purchase” instead of the current licensing model.
Source: Ingram invests in NFT e-book company aiming to let readers ‘truly own digital books’