Why EVERY Institution is Collapsing

Institutions have been decaying since well before I was born, but we're finally at the point where they collapse! The Cost Structure Crisis in media is hitting everything, from News/Journalism to Video Games, Music, Movies and more.

...and it's our fault! You, reading this, and me, making this, are exactly whose to blame. Are you proud of yourself? I am

The simple fact is that technology has improved to the point where it's feasible for a small team (or even a single individual) to compete against Billion dollar corporations - and regularly win

What used to be their moat is now an albatross around their necks, weighing down every established player in every industry across the economy. When you're dealing with all that accrued bureaucratic debt & fixed costs, while competing against one-man shows that only need enough to subsist, you're going to lose every time. Your cost structure is no longer viable.

While such tumultuous times may be scary, this has happened before (RIP Medieval Craft Guilds) and will happen many times more - and most importantly, now is the time to capitalize

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0:00 - intro
1:47 - Institutions R Structurally Screwed - Why?
6:36 - WE'RE EATING THEIR LUNCH
10:20 - The New Artisan Golden Age
13:01 - This Cycle ain't new (RIP Guilds)
19:00 - HAVE HOPE
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   / @net-loss