That's important. Because the Wealth of Nations was an alternate philosophy. It was a way that everyone's life got better.
You're looking to tear down something without suggesting something else to take its place. In fact if you succeed what you'll have done is to shift more wealth to people who are already wealthy (by societies standards). You will have destroyed a system paying thousands of people $30,000 in favor of a startup that pays hundreds of people $150,000 a year.
But all of that isn't my point. My point is you're acting out of hate. My point is you shouldn't encourage people to create things in order to destroy other things because it's unnecessary. If what you're creating is better the bad thing will go away all on its own. There's no point to add more hate to the world.
I know record executives. I know executives at movie studios. And guess what, they're good guys. Not everyone in that profession is a good guy. But many are and for you to group them all into a "mean people who need to be destroyed" is wrong (and, if I may again say so, ass-like)
That's why he's asking for people to give him ideas to fund.
> There's no point to add more hate to the world.
On that I can agree, but I would note that I believe that pg is acting out of self preservation rather than hate.
> I know record executives. I know executives at movie studios. And guess what, they're good guys.
Well, then they should be running honest businesses that won't be disrupted by some startup trying to give artists a good deal, rather than the raw deals they so frequently get, and they will therefore have nothing to fear.
But see that's the difference between "kill the industry" and "lets beat these guys". Kill the industry empowers people to do other things like pirate media because "this is war". But if people do that then even the honest media execs can't keep their business afloat.
On a larger note the issue is with our society becoming so hateful.
This is a little off topic but in 1918 Manfred Von Rechtoven , also known as the Red Baron, was shot down and killed behind enemy lines. At the time his record stood at around 80 kills (more than anyone else by far). And here (from Wikipedia) is what the Allied forces did...
In common with most Allied air officers, Major Blake, who was responsible for Richthofen's remains, regarded the Red Baron with great respect, and he organised a full military funeral, to be conducted by the personnel of No. 3 Squadron AFC.
Richthofen was buried in the cemetery at the village of Bertangles, near Amiens, on 22 April 1918. Six airmen with the rank of Captain—the same rank as Richthofen—served as pallbearers, and a guard of honour from the squadron's other ranks fired a salute. Allied squadrons stationed nearby presented memorial wreaths, one of which was inscribed with the words, "To Our Gallant and Worthy Foe".
Look at that in comparison with all the hatred and anger around here directed at the record companies and you can see why I find it so disturbing.
As for your earlier point that disrupting Hollywood would mean replacing thousands of people with $30K jobs with hundreds with $150K jobs, that may very well be what happens. But the same argument could be made of any industry that gets infused technology or new ideas. Instead of taking such a reactionary approach and fighting to keep a seemingly dying industry alive just for the sake of the status quo, why not have a more productive discussion and think of real ways that the sometimes corrupt and, more importantly, no longer effective Hollywood model can be improved? Whether or not it comes from a trendy new YC-funded startup, it certainly seems like it's coming.
Personally, I find the idea of technological growth to the point of a "singularity" in the coming decades pretty compelling, and I think one of the biggest challenges we as a society will face is maintaining employment rates as technology continues to make things more and more efficient. Protecting those on the lower rungs in Hollywood and the music industry is certainly an important part of this.
I wonder how much of that is from media influencing society, which in turn influences media, looping it back around. Compare US media where almost all bad guys suffer and die painfully to those of some other countries, where few people are wholly evil and decent people are able to come to an understanding in the end, after fighting out their differences.
Feudalism died because people joined debate societies, talked about enlightenment ideas, fought hard and took over the government to fight the oppressive nature of the monarchy and the Catholic Church. Honorable people started this endeavor and then radicals took it over. But the French Revolution wasn't an easy or pretty process.
You don't have to centrally plan the creative destruction of Hollywood. This is like arguing we can't cut overseas military spending because think of the jobs we will lose.
What would you replace slavery with? What about internal combustion engines? Replacing these things aren't easy, more people will suffer in the short-term. But guess what? People are suffering now, and society as a whole rots because we squander the opportunity to use TV and film to enliven people's minds, instead we just want to empty their pocketbooks by any means possible.
I worked as an executive in Hollywood. The culture and cartel-like nature encourages people to be mean and unethical. It's not about creating art or entertaining people, it's about controlling a market and creating profit regardless of who you destroy.
You are confused by nice people and their charm. Show me a list of GOOD people in Hollywood. Do you even know the history or mechanics of film finance?
Do you think the euphemism "Hollywood accounting" is justified? The entire system is a scam and deserves to be creatively destroyed. And they do need to be destroyed, especially after threatening to cut off funding for Obama just because the White House won't blindly support the predatory and foolish laws the industry puts out.
It's over. The industry's model is dying.
Tom, I'm sorry that this has just become apparent to you, but this has been the very purpose of a startup since the term was coined. Best case scenario for a startup is to spark a totally new niche and find a totally new audience, but this is rare. Most startups just end up replacing brick and mortar businesses of old and eating their paying customer base. This is economics at its finest, and most definitely leads to a poor outcome for the businesses which are cannibalized.
Labeling people as "good" and "bad" is a futile exercise. Capitalism is a mad scramble to extract wealth from everyone else as fast as possible, with whatever means necessary. To do this lawfully, you usually need to provide some value to paying customers. However, many businesses do it by simply convincing customers that they are receiving value, and do very well (e.g. Zynga).
From the tone of your article, it appears you have just understood that this system will lead to severe wealth inequality spanning orders of magnitude. This is again, a perfectly well understood outcome of the system. The societal and moral ramifications have been largely ignored due to the imbalance of power between owners of capital and those without. Thus, to have a say in the game, one must play it, and become very successful (i.e. a billionaire). In the process of becoming a billionaire, you will find that your views on this matter will change very rapidly in tandem with your net worth. Before you know it, you are advocating for less capital gains tax, more free trade and reduced government. You will see those Occupy Wall St. protesters as pathetic hooligans and low lives, who simply lack the motivation and willpower to make something of themselves. You will petition congress to protect your business interests, and pay handsomely to do so. You will support politicians who maintain order and those who crack down fiercely on all forms of business which are in direct competition to your own. If you are a film industry exec, you will lobby very hard (with SOPA and PIPA, perhaps) against new distribution channels such as Megavideo, Piratebay, etc. which give content away without due royalties. You will be apathetic to anyone who does not understand how this world works, particularly those with low or no net worth who have no say in these important decisions.
Welcome to the game of life. There are very few winners, and most people are losers. The only salvation for the losers is ignorance; to understand the game is to hate it. There is only one other way...play, and win.