The supply of entertainment has become so vast and infinite that the only reasonable price is zero.
by phil on Friday Mar 6, 2009 10:18 AM
It's just simple economics. The supply of entertainment has become so vast and infinite that the only reasonable price is zero.
Maybe it's that, not file-sharing technology itself, that has made piracy rates so high.
And yet, there's a few constants for the future that should give anybody in that business hope:
- Official distributors will still have the ability to provide more convenient, reliable, and quality delivery than piracy. And people are willing to pay for that.
- How much people spend determines how much they care about each other. You can only gift something that he/she can't get for free.
- Social spaces will always have a price. Think expensive concerts.