Is TikTok About to Pull off A Heist on the Music Industry?

In this article from Music Business Worldwide, it’s reported that TikTok has been experimenting with the idea of removing major label catalogs from the platform, and moving forward with more AI generated music to use in their videos. If this were to happen, what could this mean for the music industry and for the TikTok platform?
Check out the full article to hear some thoughts on the matter.