How to Prevent “Move Fast and Break Things” From Breaking You

More than most people, Jonathan Taplin has seen firsthand how the rise of digital behemoths like Google and Facebook has irrevocably transformed the life of artists and musicians. A former tour manager for Bob Dylan and the Band and a movie producer for Martin Scorsese, Taplin has become an expert in digital media, and has observed how the original decentralized vision of the internet in the 1990s has morphed into an industry controlled by monopolistic companies that wield inordinate influence over the future of music, film, television, book publishing, and journalism. This concentration of power has decimated those industries—newspaper and music revenues have plummeted 70% since 2001, while Google’s YouTube pays for only 11% of the total streaming-audio revenues received by artists though it controls 60% of the streaming-audio business, according to Taplin. Taplin, who now spends his time focused on the challenges that new methods of distribution present to creative types, sits on California’s Broadband Task Force and is the director emeritus of the USC Annenberg Innovation Lab. He just came out with a new book, Move Fast and Break Things whose subtitle sums up his thesis with a punch to the gut of Silicon Valley’s self-righteous posture: “How Facebook, Google, and Amazon Cornered Culture And Undermined Democracy.” This interview has been lightly edited for clarity and length. Fast Company: Reading your bio, I was struck by the fact that you co-produced one of my... Continue reading at 'Fast Company'

[ Fast Company | 2017-04-21 00:00:00 UTC ]
News tagged with: #global economy #wall street

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