Two huge (existential-level) risks for artists: 1) Off-platform leakage breaks attribution, so royalties die at export; 2) NIL (voice likeness) sits outside master/composition rights, weakening label control.
The real money for artists is in PRO royalty payouts, so this suggests existing artists are getting screwed.
For publishers, the money is in equity plus retroactive, unattributable settlements—artists will see literal micro-payments unless collective licensing and cross-platform “flight recorder” attribution become standard.
I was also just reading an article about how 37 Signals prevents its employees from working more than 4 days per week during the summer (here in SF that should be during May/June and Sept/Oct because who wants to spend an extra day not working in the foggy cold? I digress).
How many people already have a volunteer opportunity that they can plug into? Seems not so easy to do, but perhaps that's the point.
Dude, stop with the late fees and go check out www.zencash.com. It was built exactly for this purpose. Get a better receivables plan. ZC connects to your invoicing app and will send reminders on your behalf, or if you're really done with that customer, send the bill to collections.
It's not worth the stress, trust me, I've been there. Full disclosure: I just joined the team as DoP.