For me, understanding and predicting future business models is fascinating, and highly relevant to Banking, which has remained relatively unchanged, hence my conviction that it will disintegrate – the key being, how, when and what.

So I enjoy this type of post from “A VC”, that challenges thinking in ways that brings almost uniform ridicule.  That suggests to me he is on to something. 

Yes, this setup is still expensive. Yes, not everyone wants to “rent music”. But I agree with David that “music dialtone” is the future of music, not iTunes, iPod, or iPhone

Source: A VC: David Kirkpatrick Nails It

The topic here happens to be music.  The prediction is that music dialtone, will make music available as you need, and essentially permit you to rent it, versus owning a music collection.  He uses Rhapsody as an example.   What I found interesting in the comments, is that many of the reasons to suggest that he’s wrong are all grounded in looking at how things are today, our devices, our musicians, our music companies (all five of them at last count).

Apart from Rhapsody being owned by Real Networks, who as one of the commenters stated are the most obnoxious plug in company in terms of how they take over your computer … that aside – the debate on the future of music is fascinating, and a one way to break open paradigms when conisdering the future of Banking.