Charlotte musicians react to local artificial intelligence scheme to steal royalties

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Local musicians are calling for new legislation after a Cornelius musician was arrested for an AI music scheme. He's charged with using artificial intelligence to create hundreds of thousands of songs that he streamed billions of times to collect over $10 million in royalty payments, authorities in New York said.

Officials arrested Michael Smith, 52, on Sept. 4 on fraud and conspiracy charges.

U.S. Attorney Damian Williams said in a news release that Smith’s fraud cheated musicians and songwriters between 2017 and this year of royalty money that is available for them to claim.

He said Smith, a musician with a small catalog of music that he owned, streamed songs created with artificial intelligence billions of times “to steal royalties.”

READ MORE: https://www.wcnc.com/article/tech/we-need-better-laws-charlotte-musicians-react-to-local-artificial-intelligence-scheme-to-steal-royalties/275-8de9a0cf-2dc7-42ab-8125-dc446b51405b