That's according to legendary DJ Pete Tong, who has warned the scene against "selling dance music short".
Writing exclusively in Music Week magazine - digitally with subscribers today - International Music Summit presenter Tong describes how EDM took over Miami at The Ultra Music Festival last month, publicly demonstrating its power to the world.
"For three nights in front of 60,000 people per show, the likes of Afrojack, Avicii, Skrillex, Tiesto, David Guetta, Fatboy Slim and Chase & Status tore into the audience with slick aural and visual assaults to rival the best in stadium rock," he says.
However, this display of popularity won't have gone unnoticed by potentially damaging commercial interests, according to Tong: "Success inevitably attracts attention - and now numerous extremely wealthy individuals, big business and VC funds are eager to buy into the EDM action.
"If allowed to run riot with their corporate machinery, these same people will destroy the scene. Wikipedia the word 'stampede' and I think you'll get the picture."
He adds: "Dance music's history should come as a warning shot to all about selling the genre short and being seduced by chequebook-waving billionaires with no care or vision for the long-term game."
Read Tong's full opinion piece in the latest issue of Music Week.
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