Intellectual property has been changed forever
What all this means for the future of intellectual property, and some businesses, is as unpredictable as the open-source revolution itself. In the music business, it seems remarkable that only a few believe the technology cannot be held in check.
One of those few is David Bowie. “I’m fully confident that copyright, for instance, will no longer exist in 10 years, and authorship and intellectual property is in for such a bashing,” Mr. Bowie said in an interview last year. The future of the music industry, he suggests, is that songs are essentially advertisements and artists will have to make a living by performing on tour.