How artificial intelligence is disrupting the future of audiobook industry?

The Audiobook Industries have taken a huge leap in recent times. With the major advances in the technological sphere, along with the pandemic looming large over the entire human existence, people have taken to listening to audiobooks, now so more than ever. Not to mention, the overbearing loneliness blended with the nostalgia of storytelling, is a major factor leading up to the growth of Audiobook Industries. According to reports, it has been estimated that Audiobook sales have witnessed an abrupt growth of over 24.5 percentage (amounting to a sum of around $940 million) in 2018, as compared to 2017. One of the most acknowledged audiobook companies, Audible, in the recent past, got into conflict for its implementation of the AI-powered feature. It was a case of copyright infringement, but the usage of AI will have become a legal part of audiobook platforms. The utilization of AI can be seen in the case of audiobook recommendations. The platforms focus on the user’s audiobook listening history and tune itself accordingly. Therefore, there’s a continuous process of suggestions and the users always have something to listen to, and not rethink their subscription ofthe app. The development of AI and its stellar impact on the Audiobook Industry, hereafter, can be approximated, boiling it down to a number of points, for the convenient recognition of it.

It won’t take away the abilities from creative minds:

According to Colin Lovrinovic, creative minds won’t face a blow by AI, rather through proper support of publishers by clever optimization, it will help to strengthen the core business. AI, as per reports, is going to assist writers in performing their works with more efficiency. Publishers who have used AI, including The Washington Post and Axel Springer, and other smaller publishing houses, have claimed to have witnessed a positive impact on their sales and readership statistics. It has been found in the survey that nowadays, the majority of publishers, wanting to implement AI are starting off with their marketing and distribution departments. Not only editorial but also Press, Administration, Production, Distribution, and marketing are expected to experience growth with the usage of AI.

Providing human-like experience with accent and voice adjustment:

With the recent breakthroughs in the DeepLearnnig field, More and more focus is given to the papers that can detect the accent of a particular speaker and is able to adjust to the accent of the listener. It is of major benefit to the audiobook industry as well. Isn’t it convenient to listen to the accent we want to? Well, At DeepMoth, we are focusing on building an AI solution that aims to provide a near-human-like narration experience to our audiobooks listeners. It’s true, that we are far from perfect. But We have built an end-to-end system that analyzes the text, understands the context of the words, and applies emotions accordingly, leading to a nicely narrated audiobook.

Our audiobook app Papervoice is available to both Google Playstore and Apple Store. Please provide us your feedback to help us improve our product.

Apple Store: https://apps.apple.com/in/app/papervoice/id1518475351

Play Store: https://play.google.com/store/apps/details?id=com.papervoice

For more info: https://www.deepmoth.ai