In a recent appearance on The GAUDS Show, Joe Budden, known for his candid and often controversial opinions on the world of Hip-Hop, delved into the current state of the industry.
His insights shed light on what he perceives as a challenging landscape, which he described as “dark.” Budden expanded on his observations, highlighting the confusion among artists about the right path to navigate this ever-evolving musical genre.
The former member of Slaughterhouse expressed his concerns, emphasizing that artists are grappling with uncertainty in their careers. He pointed out that not everyone can easily secure a live performance, land their tracks on coveted playlists, or connect effectively with their fanbase. This, according to Budden, has cast a shadow over the industry.
Budden noted that the challenges extend beyond artistic pursuits, touching on the impact of technology on the industry. He emphasized that many artists are struggling to adapt to the rise of artificial intelligence (AI). Additionally, he commented on a growing trend where individuals from the music industry are transitioning to tech companies, leaving traditional record labels behind.
The former rapper also touched on financial matters, raising concerns about the financial well-being of artists. He expressed frustration with artists not receiving their fair share, citing instances where stock market games and initial public offerings (IPOs) are taking precedence over the welfare of the artists themselves.