Universal Music CEO: Record industry can’t tell when geeks are lying to us about technology
“There’s no one in the record industry that’s a technologist,” Morris explains. “That’s a misconception writers make all the time, that the record industry missed this. They didn’t. They just didn’t know what to do. It’s like if you were suddenly asked to operate on your dog to remove his kidney. What would you do?”
(Via BoingBoing)

It’s easy to make fun of a guy like this and I am sure the net will be abuzz with that. But the fact is that any industry, any business hit with a paradigm change like the one experinced by the music industry will take a long time to recover. Just imagine Google if advetising were to be outlawed…

Since the beginning of time, if you borrowed something from me, I didn’t have access to that until you brought it back. That is true for flintstones and hammers and iPods. Well, are there exceptions?

I can think of fire. If I lend you fire, give you a burning twig, my fire is still burning. Knowledge – if you ask me something and I give you an answer we now both have that knowledge. I think we won’t come up with many great examples, because it just is not the way things work out side the digital realm, is it?