3 ms·
Loads of industries use hits to pay for the entire rest of the industry with the “for the art” stuff often at best making small returns. It’s even true in tech
by api 2y ago
Loads of industries use hits to pay for the entire rest of the industry with the “for the art” stuff often at best making small returns.
It’s even true in tech. Most VC backed companies fail but the few mega-successes fund the entire ecosystem.
- BarryMilo 2y agoTrue, I guess most artistic industries must work this way, since we all know that about 95% of all art is terrible (and that was before AI). I feel like there's a difference between a company and an industry, though in the end I suppose it's all a sort of natural selection. Good (or rather, "fit") authors publish second books and third books, while good companies get to exist into second, third years etc.