Rise of the Technology Class

These conversations are between students from Ecuador, India, Israel, Japan, Mexico, Spain and the US who see technology serving a higher purpose: A counter-culture to their predecessors. This is evidence of a new type of generative class who apply technology to their creativity with art, music, science and involvement within the community. Their activity is transparent and active to our evolving civility. These multinational students are socially conscious storytellers. The Moderator of this conversation, Michael Davis is an Executive MBA graduate of Steinbeis University Germany, The Berlin School of Creative Leadership.

By Veena – The Music Industry

limewire

Despite advances in technology that make recording and spreading music easier, the music industry continues to face hard times. So many people use peer-to-peer sharing software like Limewire to download music for free, while legal downloads on iTunes and Rhapsody fight for fees along with music labels. CD sales have almost gone the way of the cassette tape.

cd-rom

The artists are the ones who suffer getting less money from their recording as the record companies make less profit. Seems now that music labels are taking far less risk by not signing many new artists and cutting established artists not doing well. What irony since it’s so easy for artists to buy a computer and inexpensive recording equipment for their homes… but they can’t get distribution.

cassette tapesThere are exceptions, but music sites won’t make money on unknown artists. I think less young people will choose music as a career and the selection of new music will be significantly less. There may even come a time when the only way to hear new music is to go see it live.

vinyl records

CapitolRecords_Logo

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1 Comment»

  Salvador – Orihuela, Spain wrote @

I download music on the internet. I love going to concerts.


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