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The economic principle I researched was Institutions are the "rules of the game" that influence choices. My overall research question was How have new incentives such as technology and business models influence music production over the past decades? Overall, I found that music production has become a lot more easier and accessible for society due to modern technology advances. Not only that, a whole industry was made creating an array of jobs.
After tons of research, I found all the sorts of jobs one can obtain that involves sound production. In my 5th Blog Post I discussed how one can become an audio engineer who mixes and masters sound at live events; a commercial producer who produces sounds for music, advertisements, games and film; a teacher who can teach others how to make music; as well as a sound designer who designs sounds for games and film.
I even learned about how since the technology is so accessible to us these days we can start making music off a laptop. In Blog Post 5, I defined the term “bedroom producing”. What defines a music producer is someone who oversees and guides the process of producing and recording a song. However, over the past few decades music production has become more accessible. High quality can music can be made on a laptop with little software. A bedroom producer is someone who produces music not using any sort of extensive software. It’s as if they don’t need a recording studio, and that it could all be done in a bedroom.
New technology has also made the process of recording music a lot easier. I mention several times throughout the series of my blog posts about DAW’s (Digital Audio Workspaces). However, I discussed what they are in great depth in Blog Post 4. Essentially, DAW’s provide pre-installed plugins where synths or any type of sound can be produced. This allows songs to be made in the matter of an hour. Back in the day it took much longer because it was very difficult to make that one sound you needed. Back in the day, you had to have a good knowledge of sound design where as opposed today you have that done for you.
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