“You can flip that around and apply it to photographers who make their livings, or hope to, from, what else? photography.
the same "efficient markets" hypothesis has taken the price you can charge for photography into the same basement as models. Wedding shooters, people who used to shoot headshots and ports for models and actors, hell, just about every type of photographer has been effected.
It's no surprise that there's way more money selling and/or promoting photo gear, services and education, then there is selling photos or oneself as a photographer. It's also no surprise that so many photographers who were once making good money from their photography are suddenly turning to workshops, seminars, and websites and blogs designed to sell stuff, to augment or provide their income.
This whole efficient markets thing is turning everyone into whores.” source...
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