Spotify’s chief executive has defended the company’s move into AI-generated music, claiming it offers users and creators a better alternative to piracy and unregulated AI slop. Last week, the platform announced a new feature in which premium users will be allowed to create their own, AI-generated remixes and song covers using music from participating artists. The feature comes as a part of a deal with Universal Music Group that sent Spotify’s shares up 16% last week. Alex Norström, CEO of Spotify, told the Financial Times the streamer was trying to offer a “controlled” alternative, in which musicians can consent to use of their work and make money from it, as opposed to having it pirated. “There’s a lot of rogue attempts at this,” he added. Spotify’s feature will cost extra money, and allow “one song to become 10,000”, said Norström. Details have yet to emerge on how this new feature will work, though; for example, whether user-generated AI remixes will be shareable, or private.…