That question is mute. If you really need to hear a answer, they want. In this extream case there want be any people who make money with creating "art". This is probebly not how its going to turn out if there is no IP.
People will have to innovate. You have to get paid for the creation of your work not for the distribution. Kickstarter is an idea. People are already starting to blog or podcast for free and then make more and more money with it. You can earn money with selling t-shirts and stuff (this is what many bands allready do).
Its all about innovation, I think we would live in a better but diffrent world overall. That said we cant not just talk away patents and copyright in one instance. We have to start with reducing the copyright and reworking the patent system, plus we have to treat copyright infringement justly (ie not with 5 years of prison).
> That question is mute. If you really need to hear a answer, they want. In this extream case there want be any people who make money with creating "art". This is probebly not how its going to turn out if there is no IP.
I don't have a problem with the OP's position. I have a problem with his argument: it's fallacious. Enticing at first, but upon scrutiny, it doesn't hold water.
How would a writer or filmmaker make money if everybody torrented their works?