“I was even more horrified to find out that, for years, under its so-called “Perfect Fit Content” (PFC) program, Spotify has been systematically replacing real artists’ songs with low-cost stock music—often under fake artist profiles—on its popular mood playlists like “chill,” “jazz,” and “peaceful piano,” in order to reduce the royalty rate they pay out to musicians.”

“I was even more horrified to find out that, for years, under its so-called “Perfect Fit Content” (PFC) program, Spotify has been systematically replacing real artists’ songs with low-cost stock music—often under fake artist profiles—on its popular mood playlists like “chill,” “jazz,” and “peaceful piano,” in order to reduce the royalty rate they pay out to musicians.”

https://open.substack.com/pub/terrraincognita/p/the-algorithmic-culture-collapse

Governance Public Utilities for @zksync at @thezknation

Similar to Amazon spinning up cheap competitors to vampire sales from trending products, and then raising prices once they’re outta business