Re: David Byrne: 'The internet will suck all creative content out of the world'
I don't believe in any economic system based on the creation and enforcement of artificial scarcity (e.g. diamonds, oil etc). Prohibiting the free sharing of music on the internet is the same thing. Once recorded music was imprisoned on physical media and the finite supply of that media, controlled by a handful of influential people, was what created the demand. Maintaining that scarcity is holding back the natural progress brought about by new technology, and it's equivalent in my mind to subsidizing the steam engine industry when demand started to tail off. It's backward-looking and serves the interests of a minority of people at the expense of the majority, and that is unjust and simply wrong.