Shirky: File-sharing Goes Social

In Shirky: File-sharing Goes Social, Clay hits the nail on the head:
“Worse for the RIAA, the popularity of songs is wildly unequal. Some songs — The Real Slim Shady, Come Away With Me — exist on millions of hard drives around the world. As we’ve moved from more efficient systems like Napster to less efficient ones like Kazaa, it has become considerably harder to find bluegrass, folk, or madrigals, but not that much harder to find songs by Britney, 50 Cent, or John Mayer. And as with the shift from Napster to Kazaa, the shift from Kazaa to socially-bounded systems will have the least significant effect on the most popular music.”