Don't be surprised if artificial intelligence generates one of the next pop sensations. As AI and large language models boom in popularity, harnessing these tools to create the next hit is becoming an increasingly likely outcome in the not too distant future. Dozens of companies face a period of drastic change as AI mania threatens to reshape industries and the investing community scrambles to capitalize on the next big winners.
mountain Spotify shares in 2023 Record labels and pop stars benefit handsomely from the royalties earned from music streamed on the radio or on platforms such as Spotify . A chatbot capable of generating hit songs would shatter popular monetization strategies harnessed by studios, said Rosenblatt analyst Barton Crockett. "That's the growth story right now in the music industry," he said.
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