Bob Dylan weighs in during a February 1966 interview for Playboy Magazine, written (and possibly embellished by) Nat Hentoff:
As far as folk and folk-rock are concerned, it doesn’t matter what kind of nasty names people invent for the music. It could be called arsenic music, or perhaps Phaedra music. I don’t think that such a word as folk-rock has anything to do with it. And folk music is a word I can’t use. Folk music is a bunch of fat people. I have to think of all this as traditional music. Traditional music is based on hexagrams. It comes about from legends, Bibles, plagues, and it revolves around vegetables and death. There’s nobody that’s going to kill traditional music. All these songs about roses growing out of people’s brains and lovers who are really geese and swans that turn into angels – they’re not going to die. It’s all those paranoid people who think that someone’s going to come and take away their toilet paper – they’re going to die. Songs like “Which Side Are You On?” and “I Love You, Porgy” – they’re not folk-music songs; they’re political songs. They’re already dead. Obviously, death is not very universally accepted. I mean, you’d think that the traditional-music people could gather from their songs that mystery – just plain simple mystery – is a fact, a traditional fact. I listen to the old ballads; but I wouldn’t go to a party and listen to the old ballads. I could give you descriptive detail of what they do to me, but some people would probably think my imagination had gone mad. It strikes me funny that people actually have the gall to think that I have some kind of fantastic imagination. It gets very lonesome. But anyway, traditional music is too unreal to die. It doesn’t need to be protected. Nobody’s going to hurt it. In that music is the only true, valid death you can feel today off a record player. But like anything else in great demand, people try to own it. It has to do with a purity thing. I think its meaninglessness is holy. Everybody knows that I’m not a folk singer.
Folk Songs, and More Folk Songs!, WBC TV, with Bob Dylan and others (May 1963)