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Economic theory ought to have taught you that there is more to bringing a product to market than how much is costs to duplicate that product after it's been inv

Economic theory ought to have taught you that there is more to bringing a product to market than how much is costs to duplicate that product after it's been invented. The scarcity of good music is real, and it’s not found in its distribution model. You’re neglecting to acknowledge the complexity of the process that goes into the creation of that product in the first place. Sure, you can duplicate an MP3 with next to no cost. But duplicating a digital file that nobody enjoys is not the point. We’re talking about duplicating something that hundreds of thousands or millions of people want. To even have that file to duplicate, we have to go back to the 5 year old kid who first picked up the guitar. Let’s account for the thousands of hours they practiced their craft until they were good enough to even begin to be capable of making something people will enjoy. The number of people who will enjoy a recording of just one guitar playing is very few, so they work with group after group of other musicians, failing to create a product that a lot of people like. One day, at around 25 years old, this person stumbles into a room with 3 other people who have spent thousands of hours practicing their own instruments, and, for the first time ever, they start creating music that will have mass appeal. They spend months writing music together. Sometimes those people don’t get along, but they fight through it because the product they’re making is that difficult to create with other people. After months writing, and more months practicing, they finally have the blueprints for a product that people will enjoy and want their own copy of. But it’s just in their heads. Now, these people either invest their own money, or they go through painstaking lengths to attract an investor by way of a record label. That record label, in exchange for an investment in them and for lending them connections and years of expertise, takes a significant percentage of the returns from their sales. Or, they go it alone, keeping the lion’s share of their sales, but having to invest all of their own money and their own time managing the business side of what they bring to market. After weeks or months in the studio, working with a producer, several professionally trained production engineers, a mixing engineer, a mastering engineer, and other highly specialized experts in their field, they finally have a high quality recording. Now, they take that recording, the sum total of 4 peoples’ years of practice, their creativity, talent, dedication and hard work, and they make a CD of it. They pay for duplication of CDs and make digital downloads available online. All the while this was happening, they were building up fans by touring, engaing in social marketing, fliering clubs, and doing anything else they can think of or get their friends to help with to spread the word about their upcoming album. When the album is ready, they hit the road, touring endlessly, stuck in a van with people who they may or may not even like that much, living on pennies as they try to make people aware of their music. This, my friend, is the “assembly line”. It is not the duplication that happens in the computer. The product is assembled over 15-20 years of intense work, combined with a dozen strokes of luck culminating in the right people meeting, creating that product, and getting the necessary financing to roll it out to the public. Now, you think it’s not worth $0.99 because it doesn’t cost anything to make extra copies? Even if that were remotely true, if you want this magical process to happen again, you might want to make sure these people can eat.

toyg 15y ago
And how exactly is this different from any other trade out there? Plumbers are not born as such, they invest money and time to become skilled professionals; but when they fix your boiler, they don't ask for royalties every time you turn the boiler on, do they? They perform a service, you pay for the service, and everyone's happy. For example, there is no reason why the entire process shouldn't be monetized. A lot of people would pay good money to see those recording sessions, turning a risky long-term investment into immediate profit; the musician would sell a service, like any tradesman. But no, an "artist" should be able to struggle a couple of years, then watch the money flow in for the rest of his life (plus 70, exactly like a plumber's son... not). Why, it sounds a lot like rent-seeking, that most laudable of economic forces; should we really promote it with such draconian laws? Btw, to go back about your point about good music being scarce: music that fits the mainstream canon developed by a certain industry in the last 50 years is indeed scarce, probably because it was developed around a model based on scarce distribution resources -- so you over-design one item and make it as marketable as possible to a wide demographic, because your distribution costs are high so you want to make them as repeatable as possible (i.e. you want to make one album and sell a million copies, not ten albums selling a hundred thousand, because you have to modify the physical production line for each album and re-do the whole marketing push through centrally-broadcasted mass-media). In a world where such limitations are gone, music tastes will develop in different ways. The over-produced album has already been done with -- people buy single items now. Over-production of those single items will probably change as well, as people want faster and faster "updates". Changes in broadcasting are fragmenting tastes, making it very difficult to appeal to everyone, so the "waterfall model" of music production is producing increasingly diminishing returns. The industry will have to move to different models, like quick iterations (you write a song while you tour, and modify it depending on public reaction). What's so "wrong", so unbearable about all that ? The fact that the Rolling Stones might get a reduced pension? Yeah, they really should be rewarded for ransacking the blues tradition...
- earbitscom 15y ago
  There is nothing different about the plumber and the artist. The plumber comes to your house and leaves you with a working toilet. The artist goes to the studio and leaves you with a copy of a song. In both cases, you now have something of value created by another person. Both would like to be paid for their work. Last I checked, no artists are selling MP3s to consumers on a per stream royalty basis. They're asking for the same one time payment you pay your plumber, based on you having something of value that they took time to create. You want multiple songs from them? You pay for each, just like you pay your plumber to fix a sink when he's done with the toilet. There is a perfectly good reason why "the entire process shouldn't be monetized". It's a super big fucking distraction to have people at your recording studio when you're trying to do something that is already extremely difficult. The entire process IS monetized, because you're supposed to pay for the copy of the work you take when it's over. And for the record, many artists do take songs on the road, try them out, and change them based on public reaction. Then, they come home, spend money and record it. You want a copy? Pay for it.

toyg 15y ago

And how exactly is this different from any other trade out there? Plumbers are not born as such, they invest money and time to become skilled professionals; but when they fix your boiler, they don't ask for royalties every time you turn the boiler on, do they? They perform a service, you pay for the service, and everyone's happy. For example, there is no reason why the entire process shouldn't be monetized. A lot of people would pay good money to see those recording sessions, turning a risky long-term investment into immediate profit; the musician would sell a service, like any tradesman. But no, an "artist" should be able to struggle a couple of years, then watch the money flow in for the rest of his life (plus 70, exactly like a plumber's son... not). Why, it sounds a lot like rent-seeking, that most laudable of economic forces; should we really promote it with such draconian laws? Btw, to go back about your point about good music being scarce: music that fits the mainstream canon developed by a certain industry in the last 50 years is indeed scarce, probably because it was developed around a model based on scarce distribution resources -- so you over-design one item and make it as marketable as possible to a wide demographic, because your distribution costs are high so you want to make them as repeatable as possible (i.e. you want to make one album and sell a million copies, not ten albums selling a hundred thousand, because you have to modify the physical production line for each album and re-do the whole marketing push through centrally-broadcasted mass-media). In a world where such limitations are gone, music tastes will develop in different ways. The over-produced album has already been done with -- people buy single items now. Over-production of those single items will probably change as well, as people want faster and faster "updates". Changes in broadcasting are fragmenting tastes, making it very difficult to appeal to everyone, so the "waterfall model" of music production is producing increasingly diminishing returns. The industry will have to move to different models, like quick iterations (you write a song while you tour, and modify it depending on public reaction). What's so "wrong", so unbearable about all that ? The fact that the Rolling Stones might get a reduced pension? Yeah, they really should be rewarded for ransacking the blues tradition...

earbitscom 15y ago
There is nothing different about the plumber and the artist. The plumber comes to your house and leaves you with a working toilet. The artist goes to the studio and leaves you with a copy of a song. In both cases, you now have something of value created by another person. Both would like to be paid for their work. Last I checked, no artists are selling MP3s to consumers on a per stream royalty basis. They're asking for the same one time payment you pay your plumber, based on you having something of value that they took time to create. You want multiple songs from them? You pay for each, just like you pay your plumber to fix a sink when he's done with the toilet. There is a perfectly good reason why "the entire process shouldn't be monetized". It's a super big fucking distraction to have people at your recording studio when you're trying to do something that is already extremely difficult. The entire process IS monetized, because you're supposed to pay for the copy of the work you take when it's over. And for the record, many artists do take songs on the road, try them out, and change them based on public reaction. Then, they come home, spend money and record it. You want a copy? Pay for it.