~hyperlinks

Yes, our entire concept of what we think of as the "music industry" is actually just a temporary happenstance of various market forces combining into a specific supply/demand curve around 1960's  

Probably is the same for other "media industries" as well....

freetx

in a sense we have returned to 1800s for actual musicians, that is they can only really earn money now by playing for live audiences.

 tldr - there will never be another Beatles again

yes, beautifully reasoned through. I wrote about this a bunch a few years back: 

But I think that's completely right: scarcity went in a U-shaped, from immediate consumable (the "1800s") to expensive distribution (mid-20th, large iconic ones) to infinite replication (today), which means musicians are back to their original tools.

the_stacker_muse

econ

Music Has No Economic Value, AI EDITION! (Financial Times, Anna Nicolaou)

denlillaapan

> in a sense we have returned to 1800s for actual musicians, that is they can only really earn money now by playing for live audiences.
> *(EDIT)* tldr - there will never be another Beatles again

yes, beautifully reasoned through. I wrote about this a bunch a few years back: https://www.stacker.news/items/798342 _multiplied_ those concerned by AI. 

But I think that's completely right: scarcity went in a U-shaped, from immediate consumable (the "1800s") to expensive distribution (mid-20th, large iconic ones) to infinite replication (today), which means musicians are back to their original tools.