Unfortunately, that's an example of where A.I. didn't do a good job of extracting the key thesis of Benn Jordan's argument. Arguably, Benn Jordan himself didn't make it easy for the automatic semantic algorithm to summarize his main point because he's not stating it clearly enough and sprinkles in tangents throughout the presentation.
Basically, he says "Spotify Will Fail" because they created a flawed and unsustainable economic structure which happened because it signed lopsided licensing deals with the Big 3 Labels that leaves no significant money for smaller artists trying to make a living. Spotify had to "overpay" for the Big Labels song catalog to attract a large userbase so its current financial history has been a roundabout funneling of VC investment money (and most subscribers' money) into the Big 3 Labels rather than create a sustainable streaming business where more musicians can share in the pie.
The random sentences extracted by Bard AI hide Benn's core thesis.
The other sentences not extracted are the ones that support Benn's main argument: (1) the lopsided Sony licensing deal example, (2) the various other examples of VC money spent on subsidizing fundamentally unprofitable businesses structures for participants (Uber, $9.99 unlimited movies at theaters, etc).
Unfortunately, that's an example of where A.I. didn't do a good job of extracting the key thesis of Benn Jordan's argument. Arguably, Benn Jordan himself didn't make it easy for the automatic semantic algorithm to summarize his main point because he's not stating it clearly enough and sprinkles in tangents throughout the presentation.
Basically, he says "Spotify Will Fail" because they created a flawed and unsustainable economic structure which happened because it signed lopsided licensing deals with the Big 3 Labels that leaves no significant money for smaller artists trying to make a living. Spotify had to "overpay" for the Big Labels song catalog to attract a large userbase so its current financial history has been a roundabout funneling of VC investment money (and most subscribers' money) into the Big 3 Labels rather than create a sustainable streaming business where more musicians can share in the pie.
The random sentences extracted by Bard AI hide Benn's core thesis.
The other sentences not extracted are the ones that support Benn's main argument: (1) the lopsided Sony licensing deal example, (2) the various other examples of VC money spent on subsidizing fundamentally unprofitable businesses structures for participants (Uber, $9.99 unlimited movies at theaters, etc).