[jl6]

Another thing to consider is that there is so much more music today than 20 years ago in the Napster era. There has been an explosion in content creation, as the means of production have become ever-more accessible, and it all accumulates over time, so the older stuff never goes away. The supply of music only ever increases, and naturally when the supply of something increases so dramatically, we would expect the price to go down.

What about demand? We are certainly listening to more music than ever before, and the population is growing, but not at the 10x or 100x rate that has happened to the supply of music. There’s an upper limit of 24 hours per day listening time per person. There is already more music than it is possible to listen to in a lifetime. Soon there will be more good music than it is possible to listen to in a lifetime.

[jemmyw]

I wonder if we're moving back to an older way of consuming music where many or most people have musical ability and play for themselves and family. Perhaps not quite to that degree but you're more likely to know several people who create music and share it without being or expecting to be a musician by trade.

I personally listen to less music and play more. Rather than looking for the new thing I'll examine songs in quite a lot of detail to understand them.