Reflections: Think Microsoft and Hollywood

Posted on November 19, 2009

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Our small group (Vera, Pei-Chieh, Michelle) had an interesting discussion last night. We started by asking, if “free” is the better model, then how is it economically sustainable in the long run? In other words, if the Microsoft’s of the world will ultimately lose to free peer production, where would all the paying jobs go? If everybody is happily engaged in social production, what do they do as their day jobs?

We have heard that careers are shifting from corporations to individuals. But even if we work as independents, somebody has to pay. Or we do more bartering? That doesn’t sound very efficient.

So we tried to look for some answers. And we thought Asia is a little bit ahead in certain stages of “free”, largely thanks to looser IP protection. Take the DVD market as an example:  there are thousands of new TV shows produced in Asia. Almost none is sold as “legal” copies. In fact, there are less pirated copies sold now due to online viewing (which is another form of piracy). But all of that seem to be (however unwillingly) accepted by the industry. In the mean time, the media industry didn’t collapse there. There are actually more shows produced every year, many of them very popular. Actors and actresses can usually turn popularity into profits, with concerts, shows, and as spokespersons.

One key difference that makes it more sustainable, is the income level of “stars” in Asia, which is far lower than their Hollywood counterparts. They still do very well, making maybe ten thousand instead of a million per episode. So to Benkler’s point, Hollywood and the media establishment will fight hard to protect the “status quo”. But is it really a sacred “right”, for somebody to make in one day, what an average consumer makes in a life time?