I envisage a world without the music industry.
I'm going to generalise and say that any concentration of control is automatically bad - humanity excels at finding creative solutions because of individual differences. Once differences are legislated away, something is lost - just look at the effect of government.
There's no need for the music industry - recording, distribution, promotion are all within the reach of individuals as are voice coaches, tour organisation, etc
Now they're no longer needed they've metastised into an entirely self-serving bull-in-a-china shop - using their financial resources to dominate traditional airplay, influence politics, and generally act as a malign influence on humanity.
Music Industry: Do the world a favour - shift your focus to an area where it's needed.