Ethan Teo

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Artificial intelligence: Elon Musk backs open project 'to benefit humanity'

Some of the most prominent executives in the technology industry including the Tesla and SpaceX boss Elon Musk are backing a non-profit artificial intelligence research company with funding of $1bn.<p>Artificial intelligence: ‘Homo sapiens will be split into a handful of gods and the rest of us’<p>Read …

Artificial Intelligence

How To Hack The Music Industry: The Paradox Of Awareness

<i>_____________________________________</i><p><i>Guest Post by Danny Quick on Medium</i><p><b>The new scarcity</b> for the world at large is creativity and innovation. The new …

Billions of dollars in the music industry are hinging on this single, microscopic change

A critical announcement is expected in the next few days—and could come as soon as today (Friday)—that will completely alter the way massive piles of money change hands in the music business.<p>For background: In the US, most AM/FM radio stations get to broadcast music nearly for free, but online and …

Streaming

Pandora claims that Steve Jobs 'eviscerated the music industry'

On an investor's call, Pandora CFO Mike Herring said the following, according to Billboard: "Steve Jobs eviscerated the music industry with the launch of iTunes and it's been downhill ever since. And the download was supposed to save it — that didn't happen."<p>Herring also took the time to take shots …

Pandora CFO wants to pay lower royalties, says iTunes “eviscerated” the music industry

Pandora CFO Mike Herring has an idea about what’s wrong with the music industry, and he’s pretty sure it’s not Pandora or most of the music-streaming …