Sweden’s music rights organization has achieved a milestone by signing the world’s first licensing agreement with an artificial intelligence company.
The music licence will ensure that AI companies use the copyrighted songs in a legal manner to train their model, while paying the composers and songwriters properly.
The recent decision came on the heels of growing use of generative AI in different creative industries, thereby violating the artistic integrity of authors and artists.
According to the owners, AI companies do not take into the account the creators’ consent while omitting compensation.
AI music licence developed by STIM, consists of more than 10,000 composers, songwriters, and music publishers. Under this agreement, these creators will be entitled to receive royalties from tech firms.
Lina Heyman, STIM's acting CEO said, “We show that it is possible to embrace disruption without undermining human creativity. This is not just a commercial initiative but a blueprint for fair compensation and legal certainty for AI firms.”
The International Confederation of Societies of Authors and Composers (CISAC) has shed light on the impact of AI on artists’ livelihoods as AI could decrease songwriters’ income by up to 24 percent by 2028.
This regulatory achievement will help in backing the artists’ rights in the age of generative AI.
