The news: Startup ElevenLabs launched Eleven Music, a platform that gives brands and creators copyright-safe tools to generate custom music and audio.
Why it matters: Offerings like Eleven Music can reduce music production costs and help brands create unique, customizable soundtracks for their campaigns.
Yes, but: There’s a risk of the public rejecting AI-generated music, especially due to the possibility of the tech taking over human jobs. ElevenLabs must prove its content’s value in the face of consumer skepticism.
Only 19% of US teens and adults think AI creates better music than humans, per Hub Research, and 45% of US adults think AI will reduce job opportunities for musicians over the next 20 years, per Pew Research.
Signing on? Despite ElevenLabs’ ambition to partner with major music labels, this may not be the next era of content licensing partnerships like those between Amazon and The New York Times or OpenAI and Axios, Axel Springer (our parent company), Vox, News Corp, and The Atlantic.
Our take: Services like ElevenLabs can democratize music creation for video campaigns and empower smaller brands to create original campaign content with minimal effort. But with growing concern over AI’s role in creative industries, brands should remain transparent about AI use, keep human creatives on staff as backstops, and use AI when it can complement rather than replace human work.
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