This is a syndicated blog post from Street Silhouettes. It and the images here are being used with exclusive permission from Horatio Tan.
Doesn’t it bother you that there are so many photographic images out there? If it doesn’t, it should. It is not like the more pictures the merrier. With an abundance of photographs floating around the internet, there is essentially what economists call an oversupply.
The consequence of oversupply is diminished value. This is the basic premise of economic supply and demand. The more we have of something, the less we value it. To put it in layman’s term, we take for granted the things that we have in abundance – like water and air – hence our polluted environment.
To make matter even worse, photographic images are posted online for free – essentially rendering its value to zero. As a result, there is an expectation in the eyes of the public that photographic content should be free, despite the effort taken by photographers to capture the image.