this post was submitted on 21 Oct 2023
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Music
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How does one get to repeatedly lose hundreds of millions of dollars on and on and somehow endure? Some stockmarket shit?
Another thing: let's not forget that when music streaming showed up, the music industry was already struggling. The CD era was over; everybody and their mom were sailing the high seas on P2P networks.
Finanical gain was never the purpose of Spotify. What spotify provides is the closest channel we know to monitor human emotions. The ability to corelate this data with all the other data gathered from social networks and search engine is well worth the loss.
https://thebaffler.com/downstream/big-mood-machine-pelly