3 ms·
I only skimmed "The Future of the Recording Industry", but it seems to be a case of exactly this. "Though not mathematically proven (which would be virtually i
by philh 18y ago
I only skimmed "The Future of the Recording Industry", but it seems to be a case of exactly this.
"Though not mathematically proven (which would be virtually impossible) it logically seems as if DRM must actually cost artists and labels money on recorded music sales."
So recording industry execs could increase short-term revenue - which is what they care about - by changing their strategy. How does this sit with "they're not stupid, and they know the situation far better than you"?
And now you claim that the industry is doing what you advised/predicted. So it seems that intelligent people can analyse situations where they are not in possession of as many facts as other intelligent people, and still come out with a more correct answer. (Or at least, an answer that appears more correct given the industry's actions at the time. Possibly it already had the correct answer, and was just moving slowly.)
Maybe these intelligent people will be wrong more often than not, but looking at incentives: if you're right, you look like a prophet or at least get to feel self-satisfied. If you're wrong, everyone forgets; you lose nothing except the time spent thinking and writing, which was probably fun and educational anyway. You probably don't even need a reward for being right to make this worthwhile.