Earlier quoted context omitted.
Same argument can be put in favor of any obsolete industry. "We need this industry/office because otherwise those people will have nothing to do and no means of providing for their families." Why don't they get some currently useful job instead of wasting society's resources? Even giving them all unemployment benefits might be cheaper than keeping up costly dying industry.
But they aren't wasting resources. They're producing media that's consumed by millions and millions of people. pg's argument is you should try to kill them off even though they haven't proven their obsolescence. My argument is they haven't proven their obsolescence because there are good people in the studios (as well as bad people). So you shouldn't make everyone working in hollywood a blanket target. I have no prob…
Technology drastically lowers the cost of making movies. Instead making a movie for tens of millions of dollars now they let it be made by some else for less than million of dollars 10 years later.
Big budgets also cause lack of creativity in Hollywood. If tens of millions of dollars are at stake you try to minimize the risk. So you have to pick least risky script, least risky cast and so on and so on.