But the rate at which we approached these thresholds and correspondingly how
quickly we will move past them is a question of Moore's law. While it may
seem as if it took forever to get to this point, innovation will accelerate
exponentially. The music industry should take heed of the following: “If you
think it's bad now, you ain't seen nothing yet.”
Music: The Real Law Is Moore's Law
In a little over a decade I could have a copy of every piece of music ever
made in human history. Let's say 15 to get vinyl records that won't be
converted to CD online.
My prediction (along an entirely different line): the first economist to
describe a credible theory of making money in an environment of
overabundance will win the Nobel Prize.
Scratch that: the winner will be the first economist to propose what
amounts to a potlatch economy to the global scale will be the one to win the
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