Chapter
The Challenges of the Music Business and Mental Health Support
49:06 - 53:13 (04:06)
The episode discusses the challenges of the music business and the struggles of mental health support. Spotify's impressive product does not translate into impressive economics, and how there are millions of people who would benefit from mental health support.
Clips
Online therapy platforms aim to provide a convenient and accessible way for people to connect with licensed therapists or companions.
49:06 - 50:44 (01:37)
Summary
Online therapy platforms aim to provide a convenient and accessible way for people to connect with licensed therapists or companions. These platforms offer a judgment-free and confidential space for people to confide in and gain guidance from professionals.
ChapterThe Challenges of the Music Business and Mental Health Support
Episode9 Business Ideas To Profit From The 2022 A.I. Gold Rush (Using Dall-E & GPT3)
PodcastMy First Million
An analogy is drawn between the music industry and a burning building, highlighting the challenging and painful nature of the business.
50:44 - 52:09 (01:24)
Summary
An analogy is drawn between the music industry and a burning building, highlighting the challenging and painful nature of the business.
ChapterThe Challenges of the Music Business and Mental Health Support
Episode9 Business Ideas To Profit From The 2022 A.I. Gold Rush (Using Dall-E & GPT3)
PodcastMy First Million
Despite building the best-in-class product and getting everyone to use it, music streaming service Spotify does not have impressive economics as it has to pay the record labels for the rights to deliver music.
52:09 - 53:13 (01:03)
Summary
Despite building the best-in-class product and getting everyone to use it, music streaming service Spotify does not have impressive economics as it has to pay the record labels for the rights to deliver music. However, the service is now introducing an upcoming feature that will allow users to create a personalized music station without having to pay the musicians.