> the best musicians, actors, and artists are extremely well compensated
What is your definition of best in this context? As far as I know, taste in art is very personal... Artists I consider the best are often very far from well compensated.
What is your definition of best in this context? As far as I know, taste in art is very personal... Artists I consider the best are often very far from well compensated.
But, in almost any particular human artistic sub-niche with it's own definition of "best", the same principle will hold, with compensation and skill level being well correlated. It's also typically not even close to linearly correlated either, most of the compensation lies at the far tail of "best".
It's nice to be paid, and it's nice to be recognized, but I think art has its own form of wealth - otherwise, why make art? Why not just seek recognition, or money?