Author Topic: micro-Stock Industry + Economical Crisis (Read 1351 times)

hiker · « **on:** June 09, 2023, 05:00 »

...I just wonder is micro-Stock Industry going to adjust its business to the current inflation rate, sharp rise of almost all prices, content production costs, costs of living their contributors and everyone else? - I think if they continue de-value contributors' work at such pace and in such economical situation, the industry may end up badly pretty soon... I think the time has come now to rise prices for digital content for end-customers in the whole market, be that subscription-based or direct single purchases... in order to survive the industry as it is... Everything else on this planet is getting pricier and pricier every day, - only digital content is on its way to become cheaper and cheaper, heading towards an almost-free-of-costs product...

eliaspraciano · « **Reply #1 on:** June 09, 2023, 05:30 »

Wouldn't microstock be wiped out by AI?

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hiker · « **Reply #2 on:** June 09, 2023, 05:41 »

Quote from: eliaspraciano on June 09, 2023, 05:30

Wouldn't microstock be wiped out by AI?

...AI can not fake all photography topics! - editorial, travel, landscape, nature photography are pretty safe, I am sure!!!

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Uncle Pete · « **Reply #3 on:** June 09, 2023, 12:13 »

1 Euro = 1.07 US Dollar

Waiting for the Euro to go below $1 and ask the people who complained about their losses in the one payment currency for all system. What currency do you like now?

LOL

The pound looks pretty good! I remember when it was even better.

cascoly · « **Reply #4 on:** June 09, 2023, 13:00 »

Quote from: hiker on June 09, 2023, 05:00

...I just wonder is micro-Stock Industry going to adjust its business to the current inflation rate, sharp rise of almost all prices, content production costs, costs of living their contributors and everyone else? -... I think the time has come now to rise prices for digital content for end-customers in the whole market, be that subscription-based or direct single purchases... in order to survive the industry as it is... Everything else on this planet is getting pricier and pricier every day, - only digital content is on its way to become cheaper and cheaper, heading towards an almost-free-of-costs product...

not true for many industries - costs for solar &H wind prices have declined so quickly that they are now often cheaper than fossil fuels. electric cars prices have not matched inflation and have even come down in some cases

phone costs & internet costs are much cheaper than 10 yrs go and same for many other internet related industries where competition moves prices down. ms stock prices are < 1% of what they were with film stock and have dropped as competition AND volume have increased. it's always better to be a mimddle man than the low level producer (ask any farmer) not great for contributors but a fact of life in a capitalist world that has always undervalued intellectual endeavors

hiker · « **Reply #5 on:** June 09, 2023, 13:11 »

Quote from: Uncle Pete on June 09, 2023, 12:13

1 Euro = 1.07 US Dollar

Waiting for the Euro to go below $1 and ask the people who complained about their losses in the one payment currency for all system. What currency do you like now?

LOL

The pound looks pretty good! I remember when it was even better.

...€/$ now isnt so bad (1.07), in 2008 was ~1.5, for every 1$ I earned in stocks, I had got only 0.5 euro... and just last Fall, it was 1:1...
...the more dramatic effect is steady state increase in all bills beginning from pandemic year 2020... LOL

hiker · « **Reply #6 on:** June 09, 2023, 13:22 »

Quote from: cascoly on June 09, 2023, 13:00

Quote from: hiker on June 09, 2023, 05:00
...I just wonder is micro-Stock Industry going to adjust its business to the current inflation rate, sharp rise of almost all prices, content production costs, costs of living their contributors and everyone else? -... I think the time has come now to rise prices for digital content for end-customers in the whole market, be that subscription-based or direct single purchases... in order to survive the industry as it is... Everything else on this planet is getting pricier and pricier every day, - only digital content is on its way to become cheaper and cheaper, heading towards an almost-free-of-costs product...

not true for many industries - costs for solar &H wind prices have declined so quickly that they are now often cheaper than fossil fuels. electric cars prices have not matched inflation and have even come down in some cases

phone costs & internet costs are much cheaper than 10 yrs go and same for many other internet related industries where competition moves prices down. ms stock prices are < 1% of what they were with film stock and have dropped as competition AND volume have increased. it's always better to be a mimddle man than the low level producer (ask any farmer) not great for contributors but a fact of life in a capitalist world that has always undervalued intellectual endeavors

...internet/phone costs (2010) ~60-70 euro, now ~40-50 euro.. common, it is not serious!!!

More important and bolder are living costs, travel costs, insurances, equipment costs, rent costs... etc + who work with models, models costs too...

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Author Topic: micro-Stock Industry + Economical Crisis (Read 1351 times)

hiker

eliaspraciano

hiker

Uncle Pete

cascoly

hiker

hiker

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