Tuesday, January 31, 2012 8:35:45 PM
Forget about downloading a car, that's likely to never happen in our lifetimes. There are however, many, many things that could be downloaded and "printed" out. Sounds great right? It does until you think about how many people will be put out of work because of it.
At some point people, we are going to get a handle on all this technology that is replacing people. What are people going to do to earn money? You think unemployment is bad now, just wait another 10 years, it will be at 20% or more.
We will have to completely rearrange our system of commerce and how people earn livings. Money will have to be replaced by something else based on some activity other than work. If you sit back and think through it to it`s logical conclusion, you will arrive at the same thing I do.
"The internet and computers will one day be looked upon as the single greatest destroyer of jobs and concentrator of wealth ever devised by mankind."
Saturday, January 28, 2012 1:48:55 PM
"these things are being fundamentally and irrevocably changed in how they're distributed, financed, and made."
Yes... all for the better. They`re distributed internationally, simultaneously, cheaply, quickly, and immediately.
It is everything the free market claims to achieve, but hasn`t. The idea that industries are being "destroyed" by piracy is bullpoo.
Artists have always made minimal amounts from album sales (of which they get, at best 25%), compared to concerts (60%).
Downloads have never demonstrated a 1 to 1 correlation to reduced sales. Studies showing each downloaded song, results in 0.08c in reduced sales ($0.0008), whilst penalties are as high as $65`000 per song.
AKA you are penalized ~32500% of actually stealing it, under the argument it`s "like stealing", which it drating isn`t.