Originally posted by psyprof1:
We might think about all this more clearly if we stop seeing "this industry" as an "it". In terms of how decisions are made, there is no "it". There are a bunch of different groups of people trying to survive economically in the only way they can think of - by competition for our money. If that means slamming what the other guy's offering, so be it.
This works for some economic models such as different manufacturers making their own amplifiers and speakers to compete for consumer dollars, but not for formats. Manufacturers and consumers only come out ahead when formats are standardized or at least compatible. History will attest to the success of the DVD because there was one standard and compatibility with all the software produced for it. Best to keep it simple and cheap for mass market consumption I believe.
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