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A lot of what we know as popular music stems from the rise of America as a world force after WWII. If it is able to maintain that position then I don't see much change, but if the balance of power shifts elsewhere then its fair to say that things will become quite different, maybe not immediately, but certainly over time.
Popular culture requires a large target audience. At the moment it seems set on satisfying the tastes of American and Western European youths. If another market emerges, which is even bigger, then I assume pop culture will transform itself in order to satisfy its taste.
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