For the public, there will always be music, but the music available will change its content and quantity. Live bands will survive, but those that are largely studio animals depending on record sales will become an endangered species. When sources of income diminish in variety, music variety will also diminish. Everyone will be affected, artists, record companies, publishing companies and the public themselves. They are going bankrupt, left, right and center.
Most Internet companies seem more like stock market scams than real businesses.
I have a strong suspicion that the Internet revolution will turn out to be like the French Revolution. As Americans we have seen many industries and the jobs they create move off shore. We have so far managed to replace these jobs with new and better jobs, particularly in technology. We have moved from a society based on brawn power to brain power. To survive and prosper we must be able to make money from this brain power.