Artists in limbo as music labels negotiate content use by generative AI
Skip to main content
Arts Law Centre chief executive Louise Buckingham says there could be major implications, especially for smaller artists, over how negotiations between AI startups and major music companies play out.
#ABCBusiness
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

News.com.au
2 hours ago
- News.com.au
30-year-old Lucy Guo usurps Taylor Swift as youngest self-made female billionaire
Taylor Swift has been dethroned as the world's youngest self-made female billionaire, according to Forbes — by a 30-year-old, hard-partying college dropout who has reaped a windfall from the artificial intelligence boom. Lucy Guo — a self-professed workaholic who rides an electric skateboard to work when she's not being chauffeured by an assistant — has a net worth of $1.3 billion, according to Forbes' list of America's Richest Self-Made Women released Wednesday. Guo took Swift's title of world's youngest self-made woman billionaire in April, when it was reported that Scale AI — the firm she co-founded with Alexandr Wang in 2016 when she was just 21 and he was 19 — had been valued at $25 billion in a deal set to close by June 1. The tender offer has not been finalised yet, but it is expected to close at that valuation in a few weeks, a source familiar with the matter told The Post. The daughter of Chinese immigrants, Guo was raised in the San Francisco Bay Area, where she quickly picked up coding in middle school. She dropped out of Carnegie Mellon University as she clinched a $100,000 entrepreneurial scholarship bankrolled by billionaire investor Peter Thiel. She took a job in 2015 at Quora, where she met Wang, and later worked at Snapchat for a brief period as the company's first female designer. At Scale AI, Guo ran the operations and production design teams — until Wang, who took the chief executive position, reportedly fired her after the two sparred over how the company should be run. 'We had a difference of opinion but I am proud of what Scale AI has accomplished,' Guo told the tech news site the Information last year. Still, Guo kept most of her 5 per cent stake in Scale AI, which is worth approximately $1.2 billion, according to Forbes. The firm labels data used by tech giants like OpenAI and Alphabet to train their chatbots. With 'a swanky apartment in Miami' and a house in Los Angeles, Guo has admitted she never buys groceries or cooks, instead ordering all her meals from Uber Eats. She says she works at least eight hours a day when on vacation and has boasted about taking two Barry's bootcamp fitness classes a day. She frequently attends techno raves. 'A lot of people don't like me because, honestly, I seem like an a – hole online. I would not like me on the internet,' she told The Post in 2022. 'But I've made a lot of friends because I think people appreciate my savage personality.' The Post previously reported on her massive collection of Pokemon paraphernalia — including slippers, stuffed animals, artwork and a Swarovski crystal necklace. She now runs Passes, a content creation platform that has been dubbed the family-friendly version of OnlyFans, and Patreon, claiming to 'make millionaires' by allowing creators to hold onto 90 per cent of their earnings. Passes reaped $40 million last year in a Series A funding round, according to Fortune — allowing Guo to fund her lavish party-girl lifestyle. But now Passes and Guo are facing allegations, in a class-action suit filed in February, that the platform allowed child pornography. The bombshell suit accuses Alec Celestin, the plaintiff's agent, and Lani Ginoza, the site's director of talent, of knowingly allowing sexually explicit content featuring OnlyFans model Alice Rosenblum — who was underage at the time — to circulate on Passes. Ginoza was not employed by Passes at the time of the alleged events, according to Passes and the site's legal representation. 'Guo personally intervened to override Passes' strict internal safety controls tailored for creators of social media content aged between 15 and 17 years old to strip and deprive Plaintiff of any protections offered by Passes against the exploitation of a minor,' the complaint alleged. Just before the suit was filed, Passes banned all underage creators and wiped the site of their content, according to Forbes. Lawyers for Guo filed a motion in April to dismiss the suit, which they slammed as a defamatory attempt to 'pursue the 'deep pockets' of Passes, a successful start-up, and its wealthy founder.' 'This lawsuit is part of an orchestrated attempt to defame Passes and Ms. Guo, and these claims have no basis in reality,' Rollo Baker of Elsberg Baker & Maruri told The Post. 'Ms. Guo and Passes categorically reject the baseless allegations made against them in the lawsuit, which was only filed against them after they rejected a $15 million payment demand.' In between founding Scale AI and Passes, Guo started a small investment firm known as Backend Capital. Guo landed at No. 26 on Forbes' list of America's Richest Self-Made Women, while Swift came in at spot 21. Swift still holds the title of world's richest female musician with a net worth of $1.6 billion, after her blowout-success international Eras Tour pushed her into billionaire status in October 2023. Diane Hendricks took the top spot, with a $22.3 billion net worth thanks to her company ABC Supply, one of the largest distributors of roofing, siding and windows in the country.


SBS Australia
4 hours ago
- SBS Australia
The government's super changes for high earners, explained
The government's super changes for high earners, explained Published 6 June 2025, 8:24 am New research into the government's plans to increase the tax on high-income earners' superannuation has revealed it could eventually apply to half a million Australians. Labor is moving to pass its contentious plan for 30% taxes on earnings for multi-million dollar balances when parliament returns. SBS Chief political correspondent Anna Henderson explains.

News.com.au
5 hours ago
- News.com.au
The Project hosts awkwardly fail to address ‘cancellation'
It was one of the biggest entertainment stories in Australia on Thursday - The Project is reportedly being axed. While no official word has been given from Channel 10, viewers expected the hosts of Friday's episode to make a formal announcement following widespread reports the show would be ending after years on the air. Despite reported news of the cancellation spreading, when the show aired on Friday evening there was zero mention of it. 'That is it for tonight,' said host Georgie Tunny at the end of the show. 'Please thank Max Rushden, Susie, and we will see you Sunday.' 'I heard the project is dead?' remarked on viewer on the show's official Twitter page. 'Wait … is it still on?!' questioned another. The confusion comes as viewers delivered their damning verdict on The Project reportedly being replaced by a new show. Social media was littered with thousands of comments from Aussie viewers who appeared glad to see the back of the once well-received panel show. 'That is the best news I have heard in a while' remarked one viewer, with another commenting: 'Thanks God. No one on there was even remotely funny.' 'I wasn't going to have a beer tonight but after hearing this I will have a few,' joked another. Despite the wave of support for its reported axing, some fans of the show did share their upset at it disappearing from screens. 'I'll be sorry to see it go,' wrote one on Facebook, with another agreeing, adding: 'It's become an institution, what a shame!' Reports first emerged on Thursday that a yet-to-be-revealed new show will usher in a new format that will transform The Project's current timeslot. The insider claimed that development of the show has been underway for quite some time and that it could be launched as soon as next month. It will mark a huge shift for the timeslot, with the new show thought to be set to run four times a week for thirty minutes, a big change from The Project's six hour-long shows a week. It's currently unclear what Channel 10 will air during the other half an hour. has reached out to Channel 10 for comment. Once an iconic mainstay of current affairs television Down Under, the show has struggled in recent years to keep hold of its audience as viewing habits have shifted from live free-to-air TV to streaming. Ratings for the beloved panel show, which made its debut in 2009, have halved in recent years and sparked numerous rumours about its demise which Channel 10 have previously denied.