Making future predictions is always a risky business. A bold effort with a messy outcome for him. The music industry has undergone tremendous disruption over the past two decades. Let me commence the recital of core elements which I see:-
Keep reading, This is important. Some sectors are still being remade while others have been wiped from existence. Things were moving just fine with the traditional cultural gatekeepers until the Internet came along in the 90s. The future is, for most, an increasingly scary place. Things haven’t been the same since. But all he really did was get the timing wrong – TV as we know it is rapidly changing and over the next decade will be unrecognisable from even the last ten years. But things are cool now, right? It is happening now. FYIMusicNews.ca has this article about future disruption. It offers a territory rich with paradox. So at the risk of getting the timing or other elements wrong, here are just some of my personal observations as to central elements in the digitally empowered future and the impact from just some of these change forces. Not necessarily. All aspects of the music industry–nay, the entire entertainment industry–had to be remade. The famous futurist George Gilder, in the 1990s, predicted the death of television before the start of the 21st Century. This context from my digital wanderings and wonderings provides elements of policy challenge to all creativity and music specifically. Is it a potential empowered paradise or a descent into purgatory? And then in June 1999, Napster was unleashed upon the world. We’ve all made the adjustments and we’ll be fine going forward. No doubt about it.
Not by a long shot. Is music finished being disrupted by the digital universe? Read this.