Streaming Music is Changing Music: The Tech Jawn 98
Sep 19, 2023
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This podcast episode covers the new Apple Watch and iPhone models announced at Apple's event, the impact of streaming on music consumption, the ongoing MGM hack and ROT policies in companies.
MGM and Caesars have experienced major hacks, highlighting the vulnerability of heritage systems and the need for stronger security measures.
MGM's recent hack raises concerns for customers regarding the safety of their personal and financial data, leading to customer service disruptions and financial losses for the company.
Streaming services like Spotify and Apple Music are driving changes in music creation, with artists focusing on shorter songs with immediate hooks influenced by algorithmic-driven platforms and social media discovery.
Deep dives
MGM and Caesars Experience Massive Hack
MGM and Caesars have both been victims of a major hack, disrupting their operations. MGM, in its second week of being hacked, has faced issues such as ATM outages, reservation system failures, and non-functional room keys. On the other hand, Caesars paid a $15 million ransom to resolve the hack and has resumed its normal operations. The hacks highlight the vulnerability of heritage systems and the need for stronger security measures.
MGM's Security History
MGM's recent hack marks the second major breach within three years, as the company suffered a hack in 2020 as well. This poses concerns for customers in terms of the safety of their personal information and financial data. The recent hack has caused customer service disruptions, along with problems in using ATMs, booking and canceling reservations, and accessing slot machines in their casinos.
Implications and Rule Changes
This hack has led to financial losses for MGM, with an estimated $8.4 million lost per day. Their stock prices have been negatively impacted, leading to concerns for shareholders. Additionally, rule changes regarding the reporting of such breaches will come into effect in 2024, mandating that companies report material breaches within four days. This comes in response to delayed reporting by companies such as Caesars. The need for beefed-up security measures becomes even more apparent in the face of these cyber threats.
New Features in the Latest Apple Software Updates
The latest software updates from Apple, including iOS 17, iPad OS 17, and TVOS 17, bring new features and improvements. Watch OS 10 introduces smart stacks to customize information displayed when using the digital crown. iOS 17 introduces contact photos, allowing users to choose the image that appears on the caller ID of recipients. iPadOS 17 and TVOS 17 offer gaming enhancements and the ability to use the iPhone camera for FaceTime on Apple TV. The updates are now available for download.
How Music Creation Is Being Affected by Streaming Services
Streaming services like Spotify and Apple Music are changing the way music is created. Artists now focus on shorter songs with immediate hooks to capture listeners' attention quickly. Algorithmic-driven platforms reward songs that are listened to in their entirety, influencing song structure and duration. Shorter attention spans and the discovery of music through social media platforms also impact the way music is created. These changes are leading to shorter songs and different creative approaches, raising concerns about the commercialization and impact on artists' creativity.
We recap Apple’s Wunderlust event where the company officially unveiled the Apple Watch Series 9 and Ultra 2, the new iPhone 15, 15 Plus, 15 Pro, and 15 Pro Ultra, and we discuss iOS 17 which just came out Monday.
Streaming has not only changed how we listen to music, but it has changed the music that we listen to.
The MGM Hack is moving into its second week and it turns out that Ceasars was also hacked, they just paid the ransom.
And Return to Office seems to thing for most companies. We are seeing more and more organizations institute ROT policies and productivity data, at least appears, to be supporting their case.
