Spotify CEO sparks backlash after social media post that claimed the cost of making "content" is "close to zero" - eviltoast

Spotify CEO Daniel Ek sparked an online backlash after a social media post in which he said the cost of creating “content” is “close to zero”.

The boss of the streaming giant said in a post on X: "Today, with the cost of creating content being close to zero, people can share an incredible amount of content. This has sparked my curiosity about the concept of long shelf life versus short shelf life.

"While much of what we see and hear quickly becomes obsolete, there are timeless ideas or even pieces of music that can remain relevant for decades or even centuries.

“Also, what are we creating now that will still be valued and discussed hundreds or thousands of years from today?”

Music fans and musicians were quick to call Ek out, with one user, composer Tim Prebble, saying: “Music will still be valued in a hundred years. Spotify won’t. It will only be remembered as a bad example of a parasitic tool for extracting value from other peoples music. (or “content” as some grifters like to call it).”

Musicians weighed in too, with Primal Scream bassist Simone Marie Butler saying: “Fuck off you out of touch billionaire.”

    • Oddbin@lemm.ee
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      5 months ago

      I saw a comment yesterday that has stuck with me and it was that CEOs jobs are ripe for replacement by AI and I really can’t fault it. It won’t happen but I kind of wish it would.