The AI-powered music-making app business is hotting up. In May, music-making platform Splice, reported to be valued at nearly $500 million, launched an artificial intelligence-powered music app called CoSo, which uses what Splice calls its'Complementary Sounds' AI technology to create music "in split-seconds". Bandlab, meanwhile, the social music-making platform that recently raised $65 million, has an AI-powered app called SongStarter that, it claims, can "generate royalty-free music in seconds". Could TikTok and parent ByteDance be one of the sector's next major players? Back in July 2019, ByteDance acquired Jukedeck, a UK-based AI Music startup that specialized in creating royalty-free music for user-generated online videos.
This report from the Montreal AI Ethics Institute (MAIEI) covers the most salient progress in research and reporting over the second half of 2021 in the field of AI ethics. Particular emphasis is placed on an "Analysis of the AI Ecosystem", "Privacy", "Bias", "Social Media and Problematic Information", "AI Design and Governance", "Laws and Regulations", "Trends", and other areas covered in the "Outside the Boxes" section. The two AI spotlights feature application pieces on "Constructing and Deconstructing Gender with AI-Generated Art" as well as "Will an Artificial Intellichef be Cooking Your Next Meal at a Michelin Star Restaurant?". Given MAIEI's mission to democratize AI, submissions from external collaborators have featured, such as pieces on the "Challenges of AI Development in Vietnam: Funding, Talent and Ethics" and using "Representation and Imagination for Preventing AI Harms". The report is a comprehensive overview of what the key issues in the field of AI ethics were in 2021, what trends are emergent, what gaps exist, and a peek into what to expect from the field of AI ethics in 2022. It is a resource for researchers and practitioners alike in the field to set their research and development agendas to make contributions to the field of AI ethics.