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Marketplace Tech

Bytes: Week in Review — music biz vs. AI, social media moderation and Nvidia stock woes

Marketplace Tech

Marketplace

News, Technology

4.51.3K Ratings

🗓️ 28 June 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.

Transcript

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0:00.0

You know in the AI supply chain there are a whole bunch of companies not named

0:06.0

Invidia. From American public media this is Marketplace Tech I'm Lily

0:10.6

Dromale. It is Friday, which means it's time for our weekly news roundup marketplace tech bites

0:25.4

on today's show NVIDIA's stock has finally experienced the law of gravity.

0:30.4

What goes up must eventually come down.

0:33.7

And a look under the hood of AI companies that don't always make the headlines.

0:38.6

Yet, that's coming up.

0:40.7

Plus, the Supreme Court has ruled against Republican-led states accusing the federal government

0:45.6

of coercing social media companies into suppressing content.

0:50.3

But first, major music labels, Universal, Sony, and Warner are suing two startups that produce

0:56.3

AI-generated music.

0:58.2

The labels accuse Suno and Udo of using copyrighted works scraped from the internet to train their AI models.

1:06.0

How does that sound?

1:07.0

Well, here's producer Metro Boomin, who sampled comedian King Wilonius's AI generated song for this disc track aimed at

1:15.5

Drake it's called B. B. L. Drizzy.

1:20.3

I spoke with Anita Ramaswami of the information all about it.

1:28.0

For starters, I am Team Kendrick, so just throwing that out there.

1:31.0

But in terms of the copyright disputes,

1:34.0

I mean, it's really interesting because it's not just,

1:36.8

you know, Suno and Udo that got sued.

1:39.4

The similar, similar things happened with Open AI.

1:42.0

That's working its way through the chords.

...

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