An interesting opinion piece that appeared at Hypebot:
Do we create too much content? Does the world need a filter? “Every 2 days, the world creates as much content as we did from the beginning of time up until 2003.” ~ Eric Schmidt, Google CEO. When it comes to content, music is king. In the words of music entrepreneur Troy Carter: “Music can sell everything but itself.” Today, art is made to be bludgeoned by adverts.
The Coming Deluge
As content goes, music is much harder to create than say a mere Tweet. Yes, there is a flood of new music, but perhaps the real deluge has yet to come. Music creation is becoming ever easier. In a few years, perhaps every two-bit digital native will have a bevy of songs they’ve mashed up in minutes and instantly shared?
Even now, there are about 200 million songs worldwide compared to about 6 million in the year 2000. We may have 1 billion songs by the year 2020. And every song that enters the pile devalues the currency of music ever further.
Which begs the question: Can music be devalued below $0.00?
Like, negative value? How is that even possible? Interesting. Carry on.