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Market
AI-generated songs in commercial releases increase or decrease by end of 2024?
5
Resolution / Starting Odds
Increase • 50%
Decrease • 50%
Industry reports on commercial music releases
Story
SAG-AFTRA Ratifies 2024 Sound Recordings Code with AI Protections, 26.3% Wage Hike
May 1, 2024, 04:22 PM
SAG-AFTRA members have ratified the 2024 Sound Recordings Code Contract, which includes significant provisions for AI protections and a 26.3% compounded wage increase. The contract, aimed at setting ethical standards for AI use in the industry, specifies that terms like 'artist,' 'singer,' and 'royalty artist' will exclusively refer to humans. This move is seen as a groundbreaking step in safeguarding the roles and earnings of human artists in the evolving digital landscape. The voting process, which emphasized the importance of these changes, concluded on April 30th by 5 PT.
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Pop • 25%
Hip-hop • 25%
Electronic • 25%
Rock • 25%
Increase in collaborations • 33%
No significant change • 33%
Decrease in collaborations • 33%
New competitors emerge • 50%
No new competitors • 50%
Significant market disruption • 33%
Moderate impact • 33%
Minimal impact • 34%
New regulations introduced • 33%
Existing laws enforced with no new regulations • 33%
No significant legal changes • 33%
Widespread adoption of AI voice guidelines • 25%
Formal rejection of AI voice use without explicit permissions • 25%
No significant change in industry position • 25%
Increase in AI voice usage despite controversies • 25%
Widespread adoption • 25%
Moderate adoption with restrictions • 25%
Limited adoption • 25%
Broad rejection • 25%