We Had No Idea (the first digital camera)
pluggedin.kodak.com
pluggedin.kodak.com
Print won't die, just like stone carving and thatching. There will always be some market. Might it lose the dominant market status though? To some degree (ease, storage, etc), I hope so. To others, (book trades, notes, no cord) I hope not. We'll see.
Print media nicely bridges the gap, and whilst I'm sure that volumes are going to decrease, /why/ would it ever disappear?
The thing that killed film cameras is that digital cameras just work better and have at least one killer feature -- Instant review. That is a massive advantage for consumer and professional alike. Once the disadvantages were moore's lawed away -- quality for professionals and price, size and printing for consumers -- film could not stand.
There is no killer feature with download music. I can get it faster, but so what? It might grasp the fashion markets, but not everyone needs music now. It has added no killer feature and it's not even cheaper. And one thing that's not like all the others -- it's a worse product. Most people have a CD player in their house and their car. And their computer. And their friends have CD players †. And they can play their CD's everywhere, and they can rip them and put them on portable devices, and they can display them in their living rooms.
Newspapers - physicality is nice, but I can well see them disappearing, because digital news will be more convenient, cheaper and more up-to-date. The winners will be the digital newspapers that preserve or enhance the paper reading experience, which might not mean having reporters and so on, but will mean selecting and presenting information in a way people value (in particular, mirroring the reader's values. It just occurred to me that the Daily Mirror in the UK is the best (and most ironically) named newspaper ever.)
[1] http://www.prosoundnews.com/blog/30154
† iPod docks in hifis and cars are getting penetration, but are not standard yet, and certainly not ubiquitous. Fixing this will be one thing that kills physical music.
The killer feature with downloadable music is (virtually) unlimited storage, and having your entire collection with you in one device. It won't be long before cars don't have CD players (it's 10 years since they dropped cassette players, and it was about 5 years while they had both). I would say iPod docks in cars are already ubitiquous - most car reviews in magazines will mention if there is one or not, and journalists usually moan if there isn't.
I also disagree with the thought that displaying in living rooms and swapping with friends is a feature. I put all my old CDs in a box years ago. It's only music tragics that want everyone to see their collection.
The thing is, the biggest consumers of music are young people. Try and find a 17 year old with a CD player. As this demographic moves through life, CDs will shrink into niche stores just like print films.
Edit: For the US readers I'd like to clarify that I don't count any other existing services as equal to Spotify, but there will surely be copycats soon. It is the iphone of streaming music applications if you like analogies.
I also don't like the idea of renting, music, property or otherwise.
One of the killer uses of digital music is the ability to have a miles-long playlist for long road/plane trips. Downloadable streams cannot possibly service this market cheaper than a solid-state memory device. Wherever you have a market segment that needs two devices, the one that combines both always wins. So the future is an iPod that can stream if necessary - which we already have in the iPhone.
Not true. The killer feature for downloads is that you get the content immediately. The difference is that the photography industry didn't deem their loss of control illegal.
Getting music in 24 minutes or 24 seconds as opposed to 24 hours is not a killer feature. I think another thread hit it with spotify though -- the killer thing will be when you can just play any piece of music on anything and not have to worry about transporting something physical at all. It'll be great, but tricky to price.
>Although we attempted to address the last question by applying Moore’s law to our architecture (15 to 20 years to reach the consumer), we had no idea how to answer these or the many other challenges that were suggested by this approach. An internal report was written and a patent was granted on this concept in 1978 (US 4,131,919).
That seems to be as far as Kodak took it until digital cameras really started to eat their lunch.
The idea was just too far ahead of its time (though I suppose they could have been the most successful patent trolls of all time had they pursued it)
I'd suggest that it's still worthwhile just to make sure that someone else doesn't file it; it's better to have something like this publicly available so nobody can sue you, even without the monopoly, rather than run the risk of getting it patented by someone else and then have to litigate the prior art.
Another problem with patenting it is that it gets more expensive to maintain each year (there are increasing annual fees), so by the end, the total expense would be enormous; hard to justify if there is zero revenue coming in. [I'm going by Australian law here, assuming US is the same] Hmmm..... I wonder if this means that many patents "on the books" have actually expired for this reason, before the full 17/20 years?
Of course, that won't be true in many cases. The patent is there for the times that it is.