Local music studios see budget cuts from clients amid faster, cheaper AI alternatives
Local music firms in Singapore have seen budgets for client projects cut by up to 60% over the past three years. This is due to music and voice-generating AI, which is faster and cheaper than human labour. However, they say AI cannot replace client servicing, artist and strategic development, as well as branding and community development. Studios are calling for better guidelines to protect human creators in the industry. Muhammad Bahajjaj reports.
Local music firms in Singapore have seen budgets for client projects cut by up to 60% over the past three years. This is due to music and voice-generating AI, which is faster and cheaper than human labour. However, they say AI cannot replace client servicing, artist and strategic development, as well as branding and community development. Studios are calling for better guidelines to protect human creators in the industry. Muhammad Bahajjaj reports.