I was talking with a friend yesterday about high end audio, after an afternoon of record shopping. He raised some points, that quite honestly, I thought were very valid.
He more or less said that the industry by design is exclusionary. You don't grow by limiting access to consumers. He attends trade shows pretty regularly because of his job, and told me about the closed room auditions. What's the point of bringing your gear out, if you won't let people listen to it? The industry has become a circle jerk of regulars, press people, journalists etc. They'll bring equipment to a trade show, but not for the general public to hear it? Why?
He brought up the parochial nature of the industry. There is no education, instead it's condemnation & ridicule of how people listen to iPods, mp3s, cheap gear, HTIBs, bose etc. How will we attract younger people? Computer audio is still not accepted as true "hifi" by many, despite the fact that pretty much everyone under 40 listens to music this way. It should be the industries job to help attract & cultivate these people, and maybe show them how to maximize their listening experiences. Maybe educate them about the differences between low bit-rate mp3 and FLAC/ALAC. Stop the proselytizing of super expensive gear. It's great, but it is not essential. One look at hifi magazines, you would think it was a hobby for people like Bernie Madoff only. What is there for the average person? Look at stereophile or TAS, and it will be another review of some ungodly expensive speakers or some turntable that looks like a medieval torture device, with tone arms that could pay for a few semesters at a top tier University. There is no balance. I remember reading a review of the Esoteric SA-50, and the reviewer was gushing at how affordable it was. The industry has become so far removed from reality that $6,000 boxes are considered "cheap".
Another point he mentioned was how hifi equipment gets more expensive as time goes on, when all performance equipment gets cheaper. Computers, cars, televisions etc. They all get cheaper & better! Remember when plasma tvs were $15-$25K? They were bulky pieces of crap that used up tons of electricity. Now, you can get excellent plasmas for a little over $1K that are superior to the $15K-$25K behemoths of yesterday. May not be valid to many since these are produced in much higher quantities than hifi gear, but it is a point nevertheless. Prices come down everywhere else, not here. Prices skyrocket. We have equipment racks that cost over $15,000. Racks!
I see his points & I agree for the most part. It is true. The question is, will the industry adapt, or will it continue to falter? I mean, will we just have Michael Fremer, John Atkinson & co. talking about veblen goods that no one is buying? Has it come to this? Stores like Sound by Singer can be intimidating to people who don't know much, and they were not very accommodating or welcoming either. Don't be surprised when people don't come back to see you when you're promoting Magico speakers & dCS gear combo specials in your window that cost upwards of a quarter of a million dollars.