721–730 of 737 posts
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They have an effective monopoly.
... for a completely optional form of entertainment. At the very least you have the choice not to go to any concerts until there are better options. You can also make that clear to your favorite bands.
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Patents no longer go to individual people. They go to corporations. Perhaps we should ban corporations from getting patents on behalf of people.
So the work of 1000 people at a company may have gone into developing the tech that is to be patented, but we must restrict the patent to being owned by one single individual?
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Monopoly is the keyword here. Ticketmaster and Boeing and all the other nefarious companies here use PATENTS to prevent competitors from eating their lunch. Patents need to be done away with to allow free competition, don't believe the propaganda about patents helping creators
I love it when a system has been working for hundreds of years through by far the most prosperous time in human history but people on the internet are sure it is wrong. No proof, no evidence, not even logic, just certainty. Also, I don’t think any of the issues with Ticketmaster have anything to do with patents.
1. https://www.morganlewis.com/pubs/2022/04/russian-decree-unde...
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It doesn’t say anything about selling patents to third parties to abuse either. It specifies authors and inventors, and rights to their writings and discoveries. At what point does it extend those rights to a random unaffiliated attorney or corporation that engages in zero productive innovation or authorship? I agree that the argument your replying to is flawed, none of this applies to Ticketmaster here specifically,…
I would support patents that could only ever belong to the actual inventor.
The big benefit of a functioning patent system is it allows people to make money just inventing things.
This group seems to have a “throw the baby out with the bath water” mentality when it comes to patents simply because of patent trolls, when the obvious solution is to just fix patent approval/litigation.
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This is terrible - right now the random 17 year old middle-class kid at least has a small chance of getting a somewhat reasonably priced ticket to a popular show. In your model, they have zero chance. Auction models are good for price discovery but this isn’t a price discovery problem, it is a supply problem. Believe it or not, artists don’t always want to maximize revenue from a ticket, they want fans from lower inc…
Suppose, for simplicity, that you've got 2 types of people: price-sensitive (your 17yo) and price-insensitive (let's call them rich). In reality it's a gradient, complicated by emotional aspects, but I think just 2 cohorts is sufficient for this explanation. If face value is constant over time (i.e., the current model), scalpers can buy at any time that original tickets remain available. If they predict huge scalping…
If the concert is priced at $120 there are 200 people completely priced out, but there are 800 people who will pay. The tickets are released, they all scramble for the tickets, some from each of the 8 cohorts willing to pay the price are able to attend.
If the concert is priced the way you described it, all 100 tickets would be bought before the price ever goes below $200.
There is simply more demand than supply. The only way to fairly distribute that, if that is what you want to do, is by the lottery-esque system we have now.
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It's not hard if you remove the self delusion. Removing the self delusion is maybe tricky for the individual, but it's easy for people around the individual to see. Societal tools like shame are generally used to encourage people in the right direction, but we don't do a great job of this in America, because money tends to override everything else and I don't think we have good structures around expressing non-moneta…
Yup. I was just discussing this in another comment that Facebook's emotional manipulation of users without consent is ethical wrong. Some people are replying with eh, everybody does it and for 20,000 dollars people will jump to Facebook. I think the Leetcode grinding, TC optimizing crowd with no real moral judgment which is the majority in tech right now is another reason why things are falling apart. They will happi…
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You don't need to truly stream a video capture of the app, you can have a scanner on the server side decode the barcode in the web/virtualized Android app and then only stream a couple hundred bytes, having the client regenerate the barcode
Sure, it's possible, but come on, it's not practical .
I'd also like to highlight another bad practice by Ticketmaster. When you purchase a ticket from them and resell it on their marketplace, once someone purchases it, they(Ticketmaster) hold your funds and only give you the money ~7-14 business days after the event is over. They say this is to verify the validity of the ticket. On the buyer side, you purchase the ticket from the marketplace and it gets added to your ac…
There's another good point in here. Why do they hold the ticket until just before the event? I bought tickets to a concert for my wife's favorite band. Then, my wife's work scheduled an event for that same week and she had to leave town. So, what I really wanted was a refund so someone else could buy the tickets. They don't do that of course. So, then I wanted to sell the tickets for face value... but ticketmaster di…
But when everything in the world was being cancelled I assume they didn't have all the money just sitting around to reverse and it was a ton of thrash to deal with. As someone who had bought tons of tickets and sold some, it was a mess. I had a ton of credit card refunds back, the third party sites had to reverse payments, etc.
Waiting until after the event is just less overhead. Guarantees the transaction happened without a hitch.
There are some POS and broker sites that still pay on transfer, but none of the "primary" secondary market does.
This sort of ticketing thing is a trivially solvable problem. It is solved at every airport in the entire world millions of times per day. You provide the name of each concertgoer when you buy a ticket, and they show up with their ticket and ID. You often need to show your ID at these kinds of venues to prove you're old enough to drink beer anyway.
Let's face it, the real problem with ticket sales is scalping. OP may not like Ticketmaster, and doesn't want to install the app, but the majority of fans don't have a problem with that. The real problem for most fans are the scalpers who push prices out of their budget. Of course we all like to dream up all sorts of technical crypto solutions to this, preferably decentralized to remove evil Ticketmaster from the equ…
> The real problem for most fans are the scalpers who push prices out of their budget. Isn't that the market sorting itself out? What do you want, planned economy? How is fixing the price on a ticket different than the soviet union stamping prices directly onto manufactured items. I meant this to be sarcastic, but it's only half so, since I find the comparison appropriate, you know free market and all.
Every world economy is a mix of a market system and a planned economy. No economy is a pure market or a pure planned economy.