The music industry is about to experience a MAJOR shift. The major labels will die out along with all the middle men. Goodbye Spotify. Artists will regain the power to actually go direct to their fans. (The key will be finding those fans.....)
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I agree with you ultimately. However, I think something like Spotify sticks around a while.
The removal of middlemen is going to happen in stages. Isn't it ironic that we have rentseeker built on top of rentseekers. You have the music labels, spotify, and either apple or google just in the example of music on your phone.
Not all will go at once but in the long run they will. The record labels seem like the first to fall.
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With the advent of more Blockchain music DAOs and their ability to share music through NFTS and eventually their own streaming that actually pays artists I believe it will happen sooner than later. Keep an eye on @Blocktunes 👀
There are a lot of projects that is for sure. However, keep in mind how people tend not to embrace change. Look at all that are still using Facebook in spite of their antics.
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You are not wrong. BUT I would rather be there at the beginning and welcome the late followers. 💰