Character.ai Bankruptcy Highlights AI’s Ludicrous Cash Burn Problem. Is Music Next?

Photo Credit: Towfiqu Barbhuiya
Character.ai files for bankruptcy, illustrating the sheer amount of money and resources burned with little gain and numerous lawsuits to show for it. The crash-and-burn could offer a preview for the music industry.
The extreme financial pressures and upside-down economics of artificial intelligence, involving expensive upkeep and equally expensive lawsuits, should make the news of Character.ai’s bankruptcy easily predictable. The circumstances of the company