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> If anything, I expect Spotify itself to be the thing that becomes obsolete

Almost certainly but there will be an alternative company with some migration path for your playlists. Unless omnipresent network connectivity stops being a thing, in which case there would be bigger problems than music.

It's already a problem on Spotify that my playlists rot over time with seemingly random songs being no longer available. Playlists are much less important than the music itself.

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