Raj send yet another story suggestion – what are the signs of a dying industry? And what makes a successful business climate in any industry?
As I’ve said before, a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value. If it starts to pursue paying customers — which doesn’t seem that outlandish at this point — then I guess we’ll all know the extent of the desperation. Investor, beware.
The article refers to this case where the music companies went after him for sharing the songs from the CD he had bought. Worse they tried to implicate him for the songs he had ripped off the CDs he had bought legally .. on to his OWN computer for HIS use!!
I joked at the time that maybe they’ll come after us for singing tunes in the shower, but at this point, maybe that thought isn’t funny so much as scary. says the author.. he may well be right!!
The limits to which the archaic minds of the telecom companies – controlling the stakes in the cables that run the internet – or the music companies can stoop to are amazing! There are a couple of innovations about to happen .. right around the corner. And these two bunch of crazy folks will be left holding their sticks.. to beat the bushes around them!
Business is about innovation. You either grow and move with the market or perish. Halting the market to keep step with you is a bad.. a REALLY VERY BAD IDEA! It doesn’t work!
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