That's what MP3 is about. Chuck presented his vision of the online music industry. He believes radio will become obsolete and the single once again will gain importance, since music listeners often purchase 14-track CDs only to listen to a few songs and skip over the rest. In his view, record labels would still exist, but would be forced to share the market with independents. They have jobs.
Artists have businesses.
Chuck D also pointed out that while some revenue streams would disintegrate with the rise of online music, others would increase. During his speech, delivered extemporaneously due to a malfunctioning laptop, Robertson depicted IBM's Madison Project as another attempt by the established record industry to control its music distribution system. Robertson acknowledged the role of record labels in promoting and marketing artists, but also praised the work of independent artists using the Net to circumvent the traditional record industry. You don't go to the king and say, 'Hey I have this idea. Robertson also downplayed the significance of security in digitally distributed music.