#965 - Rick Beato - AI Bands, Spotify, TikTok & The Death Of Songwriting | Modern Wisdom

In this episode of the podcast, Chris interviews Rick Beato about the current state of the music industry. They discuss various topics, including Live Nation, dynamic pricing for concert tickets, the complexity of putting together a live concert, and the changing process of making a pop song. They delve into the roles of songwriters and producers, the impact of social media, and the challenges faced by artists in promoting their music. The conversation also explores the homogenization of music, the influence of algorithms, and the potential impact of AI on music creation and monetization, as well as the future of live performances and how artists can adapt to the evolving landscape.

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#965 - Rick Beato - AI Bands, Spotify, TikTok & The Death Of Songwriting

Modern Wisdom

Live Nation, Ticket Prices, and the Complexity of Live Concerts

Backstage Insights and the Perils of Pyrotechnics in Live Shows

The Modern Pop Song: Songwriting, Promotion, and the Artist's Role

Songwriting Pace, Producer-Driven vs. Artist-Driven Songs, and Nashville's Music Factory

Nashville's Session Musicians, Prefabricated Music, and Audience Perception

Audience Perception, the Johnny Cash Story, and the Modern Pop Star's Value

Athleticism in Pop Music, Prefabricated DJs, and the Impact of TikTok

Dominant Trends in Music, Algorithmic Siloing, and the Death of Subcultures

Music's Accessibility, Homogenization, and the Importance of the Frontman

Points of Differentiation, TikTok Virality, and the Contrived Nature of Music

Reverse Engineering Virality, the Fleetwood Mac Effect, and the Allure of Authenticity

The Music Industry's Hit-Picking Ability, the Blues' Departure, and Country Music's Ascendancy

Country Music's Popification, Personal Experiences, and Massive Pivots

The Struggle to Connect, AI Artists, and Copyright Concerns

AI's Impact, Plagiarism vs. Inspiration, and the Musician's Dilemma

Prompting as a Skill, AI's Potential Uses, and Ethical Questions

AI's Twofold Impact, Voice Cloning, and the Financials of the Music Industry

Live Music, Streaming, and the Good, the Bad, and the Ugly of Spotify

Spotify's Challenges, the Future of Music Monetization, and the Attention Economy

The Changing Ecosystem, Live Music's Protection, and the AI Testing Waters

#965 - Rick Beato - AI Bands, Spotify, TikTok & The Death Of Songwriting

Modern Wisdom

00:00Live Nation, Ticket Prices, and the Complexity of Live Concerts

Live Nation, Ticket Prices, and the Complexity of Live Concerts

06:15Backstage Insights and the Perils of Pyrotechnics in Live Shows

Backstage Insights and the Perils of Pyrotechnics in Live Shows

09:36The Modern Pop Song: Songwriting, Promotion, and the Artist's Role

The Modern Pop Song: Songwriting, Promotion, and the Artist's Role

15:18Songwriting Pace, Producer-Driven vs. Artist-Driven Songs, and Nashville's Music Factory

Songwriting Pace, Producer-Driven vs. Artist-Driven Songs, and Nashville's Music Factory

21:04Nashville's Session Musicians, Prefabricated Music, and Audience Perception

Nashville's Session Musicians, Prefabricated Music, and Audience Perception

27:04Audience Perception, the Johnny Cash Story, and the Modern Pop Star's Value

Audience Perception, the Johnny Cash Story, and the Modern Pop Star's Value

33:14Athleticism in Pop Music, Prefabricated DJs, and the Impact of TikTok

Athleticism in Pop Music, Prefabricated DJs, and the Impact of TikTok

37:54Dominant Trends in Music, Algorithmic Siloing, and the Death of Subcultures

Dominant Trends in Music, Algorithmic Siloing, and the Death of Subcultures

44:54Music's Accessibility, Homogenization, and the Importance of the Frontman

Music's Accessibility, Homogenization, and the Importance of the Frontman

50:53Points of Differentiation, TikTok Virality, and the Contrived Nature of Music

Points of Differentiation, TikTok Virality, and the Contrived Nature of Music

57:07Reverse Engineering Virality, the Fleetwood Mac Effect, and the Allure of Authenticity

Reverse Engineering Virality, the Fleetwood Mac Effect, and the Allure of Authenticity

1:04:03The Music Industry's Hit-Picking Ability, the Blues' Departure, and Country Music's Ascendancy

The Music Industry's Hit-Picking Ability, the Blues' Departure, and Country Music's Ascendancy

1:12:16Country Music's Popification, Personal Experiences, and Massive Pivots

Country Music's Popification, Personal Experiences, and Massive Pivots

1:19:05The Struggle to Connect, AI Artists, and Copyright Concerns

The Struggle to Connect, AI Artists, and Copyright Concerns

1:25:35AI's Impact, Plagiarism vs. Inspiration, and the Musician's Dilemma

AI's Impact, Plagiarism vs. Inspiration, and the Musician's Dilemma

1:31:20Prompting as a Skill, AI's Potential Uses, and Ethical Questions

Prompting as a Skill, AI's Potential Uses, and Ethical Questions

1:37:05AI's Twofold Impact, Voice Cloning, and the Financials of the Music Industry

AI's Twofold Impact, Voice Cloning, and the Financials of the Music Industry

1:43:33Live Music, Streaming, and the Good, the Bad, and the Ugly of Spotify

Live Music, Streaming, and the Good, the Bad, and the Ugly of Spotify

1:50:00Spotify's Challenges, the Future of Music Monetization, and the Attention Economy

Spotify's Challenges, the Future of Music Monetization, and the Attention Economy

1:57:06The Changing Ecosystem, Live Music's Protection, and the AI Testing Waters

The Changing Ecosystem, Live Music's Protection, and the AI Testing Waters