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CNN —More than 200 artists, including Billie Eilish, Kacey Musgraves, J Balvin, Ja Rule, Jon Bon Jovi, The Jonas Brothers, Katy Perry, Miranda Lambert and more, are speaking out against artificial intelligence-related threats in the music industry. The letter highlights AI threats including deepfakes and voice cloning, as well as “irresponsible uses of AI” such as the using AI sound to diminish royalty payments to artists and the use of musical works by AI developers without permission to train and produce AI copycats. “Unfortunately, some platforms and developers are employing AI to sabotage creativity and undermine artists, songwriters, musicians and rightsholders.”The letter urges digital music platforms and services to pledge to protect artist. “We must protect against the predatory use of AI to steal professional artists’ voices and likenesses, violate creators’ rights, and destroy the music ecosystem,” the letter says. In a statement, the executive director of the ARA, Jen Jacobsen, said the threats of artificial intelligence are worsening already-tough working conditions for artists.
Persons: Billie Eilish, Kacey Musgraves, J Balvin, Jon Bon Jovi, Jonas, Katy Perry, Miranda Lambert, , , Billy Porter, Camila Cabello, Chuck D, Darius Rucker, Finneas, Jon Batiste, Julia Michaels, Kate Hudson, Kim Petras, Mumford, Nicki Minaj, Norah Jones, Pearl, Sam Smith, Sheryl Crow, Smokey Robinson, Stevie Wonder, Zayn Malik, Bob Marley, Frank Sinatra, Jen Jacobsen, ” Jacobsen, Tyler Perry, OpenAI’s, ” Sora Organizations: CNN, Rights Alliance, Sons, ARA, SAG, WGA Locations: Atlanta
The S&P 500 (.SPX) rose 1.3% along with a 6 basis points rise in the 10-year U.S. benchmark Treasury yield . yields vs stocksHigher bond yields dull the relative appeal of stocks while raising companies’ borrowing costs. Higher Treasury yields can also weaken the valuations of equities in standard valuation models, particularly for tech and other companies that rely on future profits that are discounted at higher rates when yields rise. Meanwhile, some investors are not yet worried about the threat to stocks from yields. Jacobsen is bullish on growth stocks, which were squashed by higher yields last year but have staged a strong rebound in 2023.
The incident between The Journal reporter Dion Rabouin and the Phoenix officer occurred in late November, but just became public his week after ABC affiliate KNXV reported on the matter. In a statement, The Journal said that it is “deeply concerned” with how its reporter was treated and has asked the Phoenix Police Department to conduct an investigation. The video shows Rabouin repeatedly identified himself as a reporter for The Journal, but the officer did not appear to care. A representative for Chase told me Thursday that the bank did apologize to Rabouin over the incident. The Phoenix Police Department can start now.”The Committee to Protect Journalists has also sounded the alarm over the incident.
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