I think Steve or someone else said it best back in V1 about how people have only been paid for recorded music since the invention of sound recording. Music is fine, always will be, the business and culture involved will change.
No one is gonna miss a bunch a music nerds on a message board in 100 years. No one will know we existed. Music will still exist and people will enjoy it.
Vinyl sales have been growing for 16+ years straight.
As for Spotify and the culture shift it sort of clandestinely but also right-under-your-nose is creating. I disagree. I grew up in the US-70s and 80s on FM radio. I listened to classic rock and whatever related station until I heard the college station, KFSR, Fresno State Radio, and there was a classical station that had a hardcore show one night a week at 11pm or something, the entire rest of the time was classical, and maybe some NPR sprinkled in. Once I heard college radio, that was it, a light bulb went off and I actively sought music, different music. I'm not the only one this happened to, and the kids I see at record stores today won't be the last. Some kids I knew never went to record stores, didn't care, they just listened to radio. Those kids were not the last to listen to whatever was pushed at them.
Spotify has not changed how I listen to music, except that I do listen through Spotify sometimes. The algorithm sucks, IMHO, and constantly shows me shit I have already heard.
I don't want that. But Spotify doesn't know that.
Is Spotify pressing records yet?
One of those article quotes Holly Herndon, who IMO is one of the most thoughtful people in music on the subject. I love reading her words as much as hearing her music.