Explore the diverse applications and business potential of generative music AI in this comprehensive video lecture. Discover how to classify generative music systems and delve into various use cases, including text-to-music generation, singing voice cloning, automatic accompaniment, and sound synthesis. Examine real-world examples like Melodrive and Aiva to understand practical implementations. Gain insights into emerging business opportunities in the field and grasp key takeaways for leveraging generative music AI technologies.