Hacker News Reader

The author states that "is impossible to deny that Facebook, Google and Amazon have stymied innovation on a broad scale", and then points to falling profits of music and newspaper industries as the victims of said stymied innovation, the very actors that have fought the innovation of the last 25 years the hardest.

View on HN

I laughed out loud at that paragraph.

To be clear: obviously the assertion itself might be true but is very possible to deny. To make matters worse, the support for the idea is basically that services that charge the end user nothing have destroyed the revenues of services that had the ability to ransom themselves for money. Whether that's good or bad to the broader public is... complicated.

I doubt that it looks that way as a peon inside the newspaper and/or music industries. It is certainly true that there is more listening to music/movies and more reading of newspaper articles than ever before.

And yet, journalists, musicians, and ... have it much harder nowadays.

Reply on news.ycombinator.com