It really is a race to the bottom at this point.
"But after three rounds of layoffs in one year: 590 positions in January, 200 in June, and another 1,500 this week, Spotify’s investments into AI to boost margins for its podcasting and audiobook divisions look like a complete overhaul in strategy that Wall Street seems confident can work."
https://www.cnn.com/2023/12/10/tech/spotify-betting-on-ai-podcasts/index.html