LimeWire launches advanced AI content creation platform
Since its relaunch last July, LimeWire has diversified its services. A move into artist-level subscriptions, akin to Patreon, marked the company’s commitment to directly supporting artists. Now, the company is taking its platform to the next level by introducing tools based on artificial intelligence (AI).
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AI Creator Studio
LimeWire has just introduced its new “AI Creator Studio”, offering users the tools necessary to create AI-generated images. While not available yet, the company aims to introduce AI-generated music and video in the near future.
The ultimate goal is to curate a massive library of licensed images, music, and instruments, allowing users to utilize them freely. Musicians uploading their compositions stand to gain, earning royalties upon commercial usage.
The AI Creator Studio was created in collaboration with Polygon Labs, meaning that all content forged in the studio is minted directly onto the Polygon network. The partnership ensures automated minting and streamlined creator earnings.
Marcus Feistl, COO of LimeWire, expressed his enthusiasm regarding the launch of the studio:
“With the launch of the LimeWire AI Studio, we will now lower the entry barrier for anyone to become a content creator and start their creative entrepreneurial journey.”
LimeWire’s rebirth
Once synonymous with illegal file-sharing, LimeWire rebranded in 2022 as an NFT music marketplace, raising a staggering $10.4 million via token sales and landing a lucrative licensing deal with the Universal Music Group.
Under the helm of Julian and Paul Zehetmayr, who acquired LimeWire’s intellectual property in 2021, the company employed an aggressive fundraising strategy, which resulted in $10 million in funding from giants like Kraken Ventures, Arrington Capital, and GSR.
Will AI-generated songs dilute music artistry?
A central question looms: Will AI technology lead to homogenized, uninspired content? A 2019 MIT Technology Review piece warned about patterns in AI, which become noticeable only years post-launch. If errors in the AI model’s foundation persist, it could yield repetitive, potentially derivative content.
Renowned artists have voiced concerns too. A recent song featuring both Drake and Weeknd’s AI-simulated voice was removed from TikTok, YouTube, and Spotify after going viral over the span of a couple of days.
Regulations on AI-sourced content remain largely nonexistent, with exceptions like China’s strict data-sourcing policies. However, platforms are recognizing the need for balance. This month, YouTube launched an AI music incubator, hoping to align AI advancements with respect for copyright.
