
Marcus Cobb
1.7K posts

Marcus Cobb
@immarcuscobb
Tech Co-Founder/CEO @ https://t.co/fjuaZLn8JB MusicBiz board member. RollingStone CC music lead. Payments for the creator economy. 💙


Elon Musk on the problem with MBAs



SocialFi will kill the promise of Web3 Music - better music monetization. Let me put it this way: Social platforms have never compensated music creators adequately, and there are no signs this will change. Actually, the more social a platform, the less it pays musicians: - Not Social (Bandcamp, iTunes) Hi Pay - Social-ish (Spotify, Tidal) Mid Pay - Very Social (TikTok, YT, FB) Lo Pay When user engagement becomes the North Star, is there still room to maximize creator payouts? After all, paying is a friction point, and friction kills engagement. As Spotify has shifted its focus towards engagement - capturing the listener’s time (Friends tab, Podcast, Live, etc) - the payout to creators has consistently dropped. We are now seeing this same trend happen to some Web3 music platforms. So should artists be worried about Web3 music platforms becoming more social? Should we expect a similar devaluation of music? Can engagement & creator monetization both grow? These are honest questions & I’d love to hear your thoughts!




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In June 2022 a quadruped robot learned how to walk directly in the physical world without simulators in just 1 hour.









