A lot of this album has to do with Alanis dealing with her fame (like "Can't Not" is about dealing with people who complained that she isn't a good singer, the contrarians who put down someone after they become popular). In this song, she admits to being jealous when the media gushes about another female pop star as if, by doing so, it means she would be less acclaimed -- but then realizes that they both can be well-loved singers and she doesn't have to feel threatened because someone else gets attention for producing a similar album (I don't know which singer she is singing about but my guess is Tori Amos, whom she'd later go on tour with).
A lot of this album has to do with Alanis dealing with her fame (like "Can't Not" is about dealing with people who complained that she isn't a good singer, the contrarians who put down someone after they become popular). In this song, she admits to being jealous when the media gushes about another female pop star as if, by doing so, it means she would be less acclaimed -- but then realizes that they both can be well-loved singers and she doesn't have to feel threatened because someone else gets attention for producing a similar album (I don't know which singer she is singing about but my guess is Tori Amos, whom she'd later go on tour with).