Due to the nature of free markets, and the laws of nature, it isn’t hard to forecast what is going to happen to certain markets in the future, barring any sort of major disruption. See, moving electrons is cheap, and moving physical items is not.
When one creates something digital, a special thing happens. Something not at all in keeping with the rest of the physical world as we know it. Your creation can be copied for almost nothing. Your creation can be distributed for almost nothing.
In terms of software or music, this means you only make something once, but millions of people can enjoy it for next to nothing, thanks to computers and the internet. Contrast this with a chair, where you must make the chair for each person who wants to enjoy it, and you must get it to them.
However, and this is a big however, even the building of a chair can be reduced to little more than digital data, through the use of CAD and CAM programs, and I think the future will see much more of this sort of thing.
A designer in Ohio will create a chair using a CAD program and post it online. Someone in China will see the design, download it, and use a local (or in-home) 3D printer to create it. Money may or may not be exchanged along the line. Undoubtedly, downloading furniture will not only be normal, but free in some places (it already is).
While this sort of thing is already possible through services like Ponoko, there is much room for growth in computer-aided manufacturing. Point being, it’s out there, and the impacts may be great. In a world with increasing energy prices and environmental concerns, it’s something that will be driven by more than just money. Consider the ability to easily customize data – a downloaded chair design could be altered to have five legs rather than three, with little extra effort. Consider, also, the implications for the ‘buy local’ movement.


