It wasn’t the beginning of the end, just a harbinger of it. Subsequent formats such as aac, ogg later sprang up based around the same ideas, and the overall concept had already been made a reality by prior formats such as ac3 and mp2 - they just didn’t do it as *well* as mp3 did. Discard psycho-acoustically negligible information to gain a 5-12x reduction in file size - meaning a song could comfortably and easily be ported around the internet, even in the days of dialup.
It’s amusing to me now that the idiotic reasons used to justify piracy now were the same idiotic reasons given to me at the outset. 1999, a fellow university student told me about this new thing called MP3, which, due to the aforementioned properties, would allowed us to ‘stick it to the fat cats of the music industry’. Laughably, sadly, the social experiment that is filesharing has shown a picture of a harsher, not gentler world, wherein the consumer and cohorts-in-trade the anarchist, the internet freedom-fighter, and even the starry-eyed (and easily influenced) teenager, are all as duplicitous as the aforementioned ‘fat cats’. Just as ignoble, exactly as precious, demanding, and greedy.
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