I know we’re not supposed to have positive opinions about MOC around here given those blog posts he wrote about venture capital but his recent take on the matter is worth reading.
It does seem like commercial art and literature are in for a tough ride, though high art and literary fiction may stay secure. The question and problem is that the two segments may be more interdependent than anyone wants to admit.
He was too flashy about his intellect and got used as an example. That was his big mistake.