Is the music industry leaving value on the table and setting itself back by failing to embrace generative AI? Warner Music head Robert Kyncl believes so. “My point, and I’ve said this publicly multiple times, is that the industry had reacted far too slowly” to the advent of the internet, Kyncl communicated. “It was on its heels, defensive, and because of that, it took really until 2014 for the streaming services to really take off. “There was just a lot of value destruction basically for well over a decade. And it was just caused by very defensive behavior and slow movement forward.”
