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We don’t pay for everything in the real world. Music is the first thing that comes to mind. Nobody pays for music anymore. They maybe subscribe to a streaming
by mingus88 9mo ago
We don’t pay for everything in the real world.
Music is the first thing that comes to mind. Nobody pays for music anymore. They maybe subscribe to a streaming service but most people expect to consume as much of the actual music basically for free.
Boxed software back in the day was something people would pay for, but like music it’s become an intangible commodity that people don’t feel they should pay for.
It’s a service economy now.
- parpfish 9mo ago100% agree. Spotify likes to tell a story about how they “saved the music industry from piracy”… but piracy clearly won. Napster et al reset consumer expectations that you get everything for almost free, instantly. The heart of the artist payment problem isn’t that Spotify pays out too little, it’s that listeners don’t pay in enough. But this isn’t just a problem with music, its a problem when trying to figure out pricing for anything digital. All of our intuitions about what a physical thing in the real world should cost get really screwed up when theres zero cost to duplicating and we’re dealing with geographically unbounded internet-scale distribution channels.