The U.S. Copyright Office joins intellectual property organizations around the world in celebrating World Intellectual Property Day. This year's theme is IP and Youth: Innovating for a Better Future. The Copyright Office is sharing the message that everyone, no matter their age, is a creator.
The music industry in the 1920s was forever changed with the introduction of the radio. Radio enabled music dissemination at an unprecedented rate and allowed live performers to reach millions of people at home, thereby fundamentally altering pre-existing business models. In the 2020s, one hundred years later, the industry is yet again facing a potentially industry-changing new technology. This time, however, it is the force of artificial intelligence (AI) that will transform the way in which business models and the music creation processes work.