I'm sorry, I marked the phonetic symbols incorrectly. The pronunciation is correct. The pronunciation of the word "live" depends on its use in a sentence: When "live" is used as a verb, meaning "to reside," "to be alive," or "to broadcast in real-time," it is pronounced /lɪv/. For example: "I live in New York." "We all live and learn." "They live stream the event on the internet." When "live" is used as an adjective, meaning "being in person," "not recorded," or "involving animals or plants that are alive," it is pronounced /laɪv/. For example: "This is a live broadcast." "Be careful with the live wire." "They attended a live concert."