As predicted music A.I. startup original business fails

The original Prediction:

"This is a business I know well. Jukedeck is an example of how founders and investors do not conduct appropriate market research. There is a limited market demand for low-cost royalty-free music for videos. One could argue there is an oversupply* of royalty-free music relative to buyers. The quality is not good enough to disrupt the billion dollar Production music industry that is top heavy, a relative small amount of creators at the top get the majority of the money, the rest compete for the little that is left. Jukedeck has raised enough money ($3million #) to be around for a few years if they control their burn rate. But Jukedeck in its current form, is just another music startup destined for the Deadpool." -rockarage see: https://news.ycombinator.com/item?id=10706203

Jukedeck now:

"Our state-of-the-art technology uses artificial intelligence to dynamically shape music to different situations." https://www.jukedeck.com/

if it sounds familiar see: https://news.ycombinator.com/item?id=10707389

Why is this important to note?

"While it's not easy to hear, I got one such advice once on a company I started, and in true entrepreneurial spirit ignored it and kept iterating away. It was 100% spot on. I wish people were more frank about what they think of start-ups, and I wish there was an acceptable way of doing that without insulting people." -dvirsky

-https://news.ycombinator.com/item?id=10709835

This is an on going problem, founders and investors do not conduct appropriate market research or investigate constructive criticism. Therefore their business and business models will continue to fail until there is a change.