The New 80% Rule in Culture
10 months ago
- #Hollywood
- #aging
- #originality
- The author reflects on aging and the increasing age of public figures and institutions.
- Congress and Hollywood are highlighted as examples of aging and reliance on old ideas.
- 80% of movie revenues now come from remakes and spin-offs, a reversal from 2000 when 80% were original ideas.
- Music streaming is seeing a similar trend, with old songs making up 73% of streams, up from 63% in 2019.
- AI-generated content is predicted to dominate publishing, further reducing originality.
- Audiences are rejecting recycled content, as seen in declining revenues for major franchises like Star Wars and Marvel.
- The creative economy is criticized for its over-reliance on old ideas, with 80% of output being 'leftovers.'
- The author calls for a return to originality and fresh ideas in culture and entertainment.
- The modern economy is blamed for deterring top intellectual talent from creative pursuits due to financial instability.
- Hollywood's decline in quality is attributed to the lack of brilliant minds entering the industry, replaced by influencers and less talented individuals.