[Frumious Bandersnatch]

Maybe, maybe not. Just remember that these same predictions were made when audio and video cassettes came out. The music market is still around.

I could just as easily make a reasonable claim that this will be a good thing for the music industry. It will allow artists to get into the recording game much more cheaply and get rid of much of the middle-man. I would think that this could give us a much more lively and vibrant music world than now exists (similar to tin-pan alley in Chicago in the late 1800s).

[The Old Hoosier]

these same predictions were made when audio and video cassettes came out.

Back then, it took hours to dupe a movie, and the quality was questionable. Now it's so easy that even pirates won't be able to make money, and the quality is as good as the real thing.