Probably so.

The industry I am familiar with is the music industry, and after the better part of a decade, the market for the selling of music has changed so drastically that folks are finally realigning their priorities. Fewer serious musicians strive to become rich and famous and instead have kind of come to terms with the fact that major labels do not give out million-dollar advances anymore...the more attainable goal being to make a modest living recording for a small label (or no label at all), pretty much managing yourself and booking your own tours, using online promotion to its fullest extent, and generally taking control of your own career...because very few artists can get someone to do so for them these days.

I guess my point is that the market and/or the economy seem to fully exhaust heydays like the one the music industry experienced through the Nineties (i.e. record companies typically selling albums with one good song for $18.99), and then things collapse and people come to their senses. That's the kind of trend I'm anticipating, albeit on a much grander scale than what the music industry alone has gone through of late...

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