Fortune Favors the Bold (and the Stupid)

MIT professor Lester Thurow says in the latest issue of Wired:

“If they can’t find some way to lock up music, music is going to end. Eventually, there will be no professional musicians, because there’s no way to make money, and we’re left with a world full of amateurs.”

Preempting Bruce Dykes, Street Tech’s in-house copyright pundit, I’ll have to say this is one of the dumbest things I’ve ever heard about the debate on copyrights and p2p distribution. Did it occur to Thurow that professional musicians existed long before recording technology? Does anyone actually believe the underlying claim that the recording technology has actually led to better music?

Those interested in more of Thurow’s ridiculous claims can check out his new book “Fortune Favors the Bold” available from Amazon for just $19. A bargain at half the price.