Comment by imtringued

1 year ago

I find that court case very off putting, since it was Spotify that stole the royalties, because the same mechanic applies to simply being popular. When will someone sue Taylor Swift for stealing royalties?

Also, since they didn't change the economics, they have done nothing to prevent this from happening again. Any economist that sees that he can earn $12 from a $11 payment would keep doing this until the risk adjusted return is equal to the interest rate. Ironically this will remain profitable until the cross subsidy is gone. I.e. there is an incentive to use the bots to boost real musicians who lose out from not being the recipient of the cross subsidy.