CNN's John Sutter spoke with the author about his new book, The Art of War. He said social networks have created a delusion that they're building an empire on rented land. When Facebook changes its algorithm, it can wipe out companies like medium and Mighty Networks who are dependent on other platforms to grow their audience. Google makes a fortune from piracy; YouTube also accounts for about half of all online music streaming - which is already insultingly small.
For this episode we are joined by William Deresiewicz, a remarkable author and speaker who's aim is to share the cold truth about the current digital economy's impact on artists all around the world. William talks about the previous 3 paradigms of the arts, the current 4th paradigm shift that is happening right now, and what to expect for the future.
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