Certainly I understand the symbolism physical representations of music mean to some, for those people the monopolization of music as commodity will mean something lost. And I also understand growing commoditization of everything undermines our very humanity.
This is likely inevitable evolution of capitalism, commodifying every possible thing means more possible avenues of profit. And limiting and/or minimizing ownership ensures an endless profit avenue. Unfortunately, the outliers don't generally steer evolution of societies. In the realm of technological innovation, Luddites don't win.
Yes, I can perceive a future where rental music monopolizes, I think we're already to point where majority of music only released via streaming platform. We'll likely not even need individually owned music playback equipment in future. Every single thing we consume will be endless revenue stream for others. The ownership of that revenue stream will also continue to consolidate.
This is likely inevitable evolution of capitalism, commodifying every possible thing means more possible avenues of profit. And limiting and/or minimizing ownership ensures an endless profit avenue. Unfortunately, the outliers don't generally steer evolution of societies. In the realm of technological innovation, Luddites don't win.
Yes, I can perceive a future where rental music monopolizes, I think we're already to point where majority of music only released via streaming platform. We'll likely not even need individually owned music playback equipment in future. Every single thing we consume will be endless revenue stream for others. The ownership of that revenue stream will also continue to consolidate.