But don’t worry guys, everything may go to shit but the CEO’s are gonna be ok
Reasonabledwarf on
I wonder sometimes if we’ll reach a point where there’s simply *too much media*. Records used to wear out; videotapes degraded when you copied them. I really noticed it when CDs got big, and the low production cost and virtually identical bootlegs deflated their value almost immediately, and suddenly everyone had everything and sharing music became less about discovery and more about curation. Then it happened with DVDs, and then it got worse when hard drives and high-speed internet got cheap, and then worse again when every company took huge losses to get more streaming subscribers.
Now I have more music, video, games and books than used to fill an entire shopping mall backed up to my NAS, so even if the internet collapsed I’d still have access to more media than my grandparents interacted with in their entire lives. Add the population stagnation and the lack of untapped markets to expand into, and the constantly expected exponential growth of media conglomerates seems less sustainable than ever. It might take more than just two years, but I do see a big reckoning coming.
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I bet he’s really fun at parties…..
But don’t worry guys, everything may go to shit but the CEO’s are gonna be ok
I wonder sometimes if we’ll reach a point where there’s simply *too much media*. Records used to wear out; videotapes degraded when you copied them. I really noticed it when CDs got big, and the low production cost and virtually identical bootlegs deflated their value almost immediately, and suddenly everyone had everything and sharing music became less about discovery and more about curation. Then it happened with DVDs, and then it got worse when hard drives and high-speed internet got cheap, and then worse again when every company took huge losses to get more streaming subscribers.
Now I have more music, video, games and books than used to fill an entire shopping mall backed up to my NAS, so even if the internet collapsed I’d still have access to more media than my grandparents interacted with in their entire lives. Add the population stagnation and the lack of untapped markets to expand into, and the constantly expected exponential growth of media conglomerates seems less sustainable than ever. It might take more than just two years, but I do see a big reckoning coming.