Most musicians don't make music for its monetary value, but because of personal fulfillment. All but the most successful 1% of musicians would find greater mone

Most musicians don't make music for its monetary value, but because of personal fulfillment. All but the most successful 1% of musicians would find greater monetary value doing something else for the amount of work it takes to get to that level. > People would have even less incentive to create new stuff instead of redoing old stuff. In fact, I speculate the opposite might be true. How many big pop artists go into semi-retirement by their mid-30s once they've dropped off the charts? Why keep making music when you can comfortably collect off all your past hits? Certainly there's no economic incentive to keep working once you can collect sizeable rents.