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by rockarage 1357 days ago
Yes, I'm just going to quote my previous comment from 7 years ago (about a similar startup)

https://news.ycombinator.com/item?id=10707049

"This is a business I know well. Jukedeck is an example of how founders and investors do not conduct appropriate market research. There is a limited market demand for low-cost royalty-free music for videos. One could argue there is an oversupply* of royalty-free music relative to buyers. The quality is not good enough to disrupt the billion dollar Production music industry that is top heavy, a relative small amount of creators at the top get the majority of the money, the rest compete for the little that is left. Jukedeck has raised enough money ($3million #) to be around for a few years if they control their burn rate. But Jukedeck in its current form, is just another music startup destined for the Deadpool."

2 comments

I feel the same way about the IEEE article about immersive 3d audio - where’s the market?! It’s not the future of music - people crave live or festival / social atmosphere, not getting into an alien pod to jam out Lizzo.
I don't know the article you mention, does anyone really believe that people enjoy music festivals for the sound quality???
Well jukedeck has been bought by TikTok, so their product was indeed valuable for someone. I guess the point with such AI systems is not to replace existing creators, but rather fill in new market needs
I predict that in 2 years half of the music people listen to on Spotify will be AI generated.
Wanna bet? Cuz I think I’m 2 years Spanish language tracks will increase streaming by 20% and AI won’t even break 10% of listened to material.

You know how I know? The Rolling Stones are still touring. Most people don’t go to Spotify or YouTube for discovery, they go for convenient on demand.

Maybe not among you and your friends, but Spotify playlists are where a lot of music discovery happens these days.

https://www.theguardian.com/music/2019/apr/28/streaming-musi...

Not sure that article is making the point you have in mind:

“people let playlists run on in the background when they serve inoffensive, bland music they can’t be bothered to turn off. If you look at the music Spotify has broken, it’s all chill-out stuff. That isn’t art, it’s wallpaper.”

AI can create inoffensive wallpaper
I specifically bookmarked this comment so I can start using it as an example of singulatarian/DL delusion in 2 years.
2 years ago, did you also think a prediction of "a widespread high quality AI image generation in 2 years" is an example of singulatarian/DL delusion?
As I said, we will see in 2 years. I am confident that your prediction (which was not "widespread music generation" but quite specific - in a platform in which the majority of streaming is generated by a handful of artists) will be spectacularly wrong.
I'm sure the names of the "handful of artists" will still be attached to the music, it's just the music will be AI generated. Most of those artists don't compose their hits anyway.
And 10 years ago, did you predict that self driving cars were 2 years away?
music generation is a lot more similar to image generation than to self-driving cars
I don't know about half, but if Spotify don't have a large AI team they're missing the boat. They have a perfect opportunity to segue their audience into cheap content they create themselves.
Ray Kurtzweil predicted this in the 80s

Predictions rely on everyone forgetting how wrong you were

Maybe half a percent? But very doubtful...