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rockarage | 3 years ago

Yes, I'm just going to quote my previous comment from 7 years ago (about a similar startup)

https://news.ycombinator.com/item?id=10707049

"This is a business I know well. Jukedeck is an example of how founders and investors do not conduct appropriate market research. There is a limited market demand for low-cost royalty-free music for videos. One could argue there is an oversupply* of royalty-free music relative to buyers. The quality is not good enough to disrupt the billion dollar Production music industry that is top heavy, a relative small amount of creators at the top get the majority of the money, the rest compete for the little that is left. Jukedeck has raised enough money ($3million #) to be around for a few years if they control their burn rate. But Jukedeck in its current form, is just another music startup destined for the Deadpool."

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6stringmerc|3 years ago

I feel the same way about the IEEE article about immersive 3d audio - where’s the market?! It’s not the future of music - people crave live or festival / social atmosphere, not getting into an alien pod to jam out Lizzo.

tsimionescu|3 years ago

I don't know the article you mention, does anyone really believe that people enjoy music festivals for the sound quality???

ildon|3 years ago

Well jukedeck has been bought by TikTok, so their product was indeed valuable for someone. I guess the point with such AI systems is not to replace existing creators, but rather fill in new market needs

p1esk|3 years ago

I predict that in 2 years half of the music people listen to on Spotify will be AI generated.