Kanye West is a great example of this. When you are so highly associated, if there's a single point of failure and with an artist like Kanye,. really, if Taylor Swift suddenly starts going crazy, that might affect her sales and her other enterprises. And then the third observation is, are Bowie bonds going to still be a thing? The first question is, when are we going to see the artists, at least the ones who have achieved mogul status, they're going to be like, hey, fuck you record company, I don't need you?"
Dan Runcie is the Founder of Trapital, a company focused on music, media, and entertainment. Trapital’s output includes a podcast, weekly newsletter, and deep-dive essays breaking down trends in the music industry. Dan joins us for his second appearance on the show to discuss how AI will transform the music industry, whether the age of the superstar is over, how artists become billionaires, and MUCH more! Important Links:
- Dan’s Twitter
- Trapital
- Dan’s first appearance on the show
Show Notes:
- Can the music industry embrace AI?
- What will happen to music when AI gets better?
- Will some genres be quicker to adapt than others?
- How streaming algorithms are improving
- Are AI playlists the death of DJs?
- How artists can game the algorithm
- How artists can use the music industry’s Pareto distribution
- Artists become millionaires selling music, and billionaires selling product
- Will we see the end of record companies?
- Will Bowie Bonds die?
- Are we going to see the end of the superstar?
- Ads & audiences
- Spotify vs YouTube vs TikTok
- Can newcomers displace the incumbents?
- Will the streamers dominate podcasting?
- What’s next?
- Dan as Emperor of the World
- MORE!