Looking over an old New York Times in my bathroom, I enjoyed the photo of a sad video maker, under headlines that amateurs are caught in the middle between Youtube and Warner. She looked so wistful and sad. The photo reminded me of a hippy signalling that the 60's were over. Recalling working for a dot com at the turn of the century, and the dreamlike multifloor stadium new-years party, the explosion of websites, all offering new services, something "like" the arrival of pot and lsd on the social scene, in fashion, and movies - definitely mind expanding, and not all positive. But now we may be getting to the point after the party on the world scene, those tulmutuous later years, just before the grim 70's.
What does this mean for people and profits, well, the profits will fall off, and the people will have to settle down, risk adverse for a period under the tarps.
