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Alleged fraudster got $10 million in royalties using robots to stream AI-made music

  • North Carolina musician Michael Smith was indicted for allegedly earning over $10 million in royalties from AI-generated songs streamed by bots on platforms like Spotify and YouTube Music.
  • Smith, in collaboration with an AI music company CEO and a music promoter, created hundreds of thousands of songs to facilitate the fraud starting in 2018.
  • He faces multiple charges, including wire fraud and money laundering, each potentially leading to a 20-year prison sentence.
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The Free Press (Tampa) broke the news in Tampa, United States on Wednesday, September 4, 2024.
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