Context: Dicta in the Kadrey opinion articulating a ‘market dilution’ theory and predicting that unlicensed training will generally be held to require a licence in US courts (resolveBy 2030). As of this cycle US case law is split (contrast Bartz) and no appellate resolution has issued. The 31 July Munich ruling against Suno reaches that result, but under German and EU law, not US fair use — a foreign decision is not evidence for the specifically-US question this prediction turns on. Not due; unresolved.