Tim Kreider on Economic Doomsday Device

Posted by admin on Sunday, January 12, 2014

Tim Kreider Money Quotation saying because artists work for free online, it has become unprofitable to be a creator. Tim Kreider said:
 
The internet ... an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again Quote
 

“The internet … an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again” — Tim Kreider

 

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In this quote, the author is criticizing how the internet has disrupted traditional economic models, especially for creative professions. He argues that the ease of digitizing and sharing content online for free has made it essentially “impossible” for creators to profit from or earn a living off their work.

When anything can be instantly accessed and distributed worldwide without cost, it undermines the ability of artists, writers and others to sell their creations and make a profit.

The quote portrays the internet as an “economic doomsday device” that has destroyed profitability in creative fields by enabling ubiquitous free access to content.

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