The Code Conference 2023, a prominent tech event, is currently underway, featuring interviews with leading figures in the tech and business sectors.
During the event, Warner Music Group Corp WMG CEO Robert Kyncl shared his perspective on the evolution of AI in music. He expressed optimism about integrating AI technologies in music creation and distribution shortly, the Verge reports.
AI and Music Evolution
Warner Music Group is eyeing the potential of AI in revolutionizing music creation and distribution. Kyncl's jest about the possibility of increased pricing for music services like Spotify Technology S.A. SPOT highlighted the perceived value addition that AI could bring.
The integration of AI in music is not just a futuristic concept but a transformation that could unfold within the following year.
He proposed $20 monthly for a music family plan — the same price as Netflix Inc NFLX for four.
Baszucki also discussed the potential of interoperability between different virtual worlds platforms like Roblox Corp RBLX, Meta Platforms Inc META, and Epic Games.
Roblox's Vision
Roblox CEO David Baszucki also made headlines with his insights on the virtual world and the company's strategic moves.
He clarified the company's stance on the term "metaverse" and preferred terms emphasizing human connection and communication.
Baszucki also hinted at the potential introduction of physical shopping within Roblox, indicating a roadmap extending beyond virtual experiences.
Roblox is also working on something for the Chinese market, with less and less data going back and forth between the U.S. and China. It is making a huge push to attract older players, too.
Rivian's Future
Rivian Automotive, Inc RIVN CEO RJ Scaringe shared insights into the electric vehicle manufacturer's plans and current challenges.
Scaringe addressed the company's backlog issues and committed to ramping production to meet customer demand.
He also touched on Rivian's perspective on competition, including the anticipated overlap, or lack thereof, with Tesla Inc's TSLA Cybertruck customers.
The CEO's insights showed Rivian's strategic approach to navigating the competitive and rapidly evolving electric vehicle market.
He touched down on the prospects of truly affordable EVs, benefits from the North American Charging Standard, and subscription features in its vehicles.
AMD's AI Outlook
Advanced Micro Devices, Inc AMD CEO Lisa Su provided a glimpse into the semiconductor giant's perspective on AI.
She emphasized the transformative impact of AI, comparing its significance to major technological shifts like the advent of the internet and mobile phones.
Su also commented on the prospects of PC gaming, console gaming, and cloud gaming.
Su voiced AMD's capability of building custom chips amid reports of its collaboration with Microsoft Corp MSFT.
Su also confirmed that it would be possible to make AMD chips available to Azure customers in an invisible way.
She acknowledged that chip supply and demand are in a good place.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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