Did you know Todd Rundgren envisioned our current media
landscape -- in 1978?
In a backstage interview from the late '70s, the
legendary guitarist and producer held court on the tectonic shifts of industry
that computers would eventually bring.
"Computer technology and storage is moving at such a
revolutionary pace," Rundgren said, "The people behind computers know that computers are a happening thing,
and are going to be applicable in all areas. Computers are coming on so heavy
that nobody's going to bother with this intermediate technology," he
continued, referencing cable television.
"The economic structure will shift itself. You'll no
longer go out and buy permanently recorded things, because, eventually, they do
one of two things -- they wear out, or you wear out. You get tired of them and
don't want them anymore."
While Rundgren may have gotten it backwards -- "I don't
think people who make records have as much to worry about as people who run
television networks" -- he was still spot-on about the future of the music
industry (and Netflix), 37 years ago.
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