Wired magazine has an article about how modern laptops are getting fast enough for musicians to work on the go. 7 years ago I had to spend $3500 on a top-of-the-line Mac with enough horsepower to do serious audio editing professionally. Nevermind video editing - pro video editing on anything less than a hundred grand was still a ways off. Today, the bottom-barrel new Mac is much, much faster than necessary to do just about any kind of audio work I need to do. And my 2 year old laptop handles most things I throw at it. I recently did a spate of audio editing from my laptop and had great results. And now most computers are capable of the kinds of bandwidth required to do video editing (see the story below for how NBC is using laptops to edit Scrubs).
The upshot of this is that companies like Avid Media are feeling the pressure from low-end editors that are starting to eat into the high-end business. If I can spend $1,000 to get pro-level editing software, and run it on a $1,300 computer, why spend $45,000 on an Avid? Granted, there are still a few things that the Avid can do that Final Cut can’t, but most people never need to touch those features. People who cling to their higher priced tools because they claim the bourgeoise tools aren’t ‘pro’ enough are fooling themselves. Or trying to justify four figure loan payments. Whoops.
The good side of this is that the tools are opening doors for all sorts of people who didn’t have the opportunity to tell stories and create media in the past. The bad news is that competition is forcing prices and quality down. This isn’t as bad as it sounds, however, as the cream still rises to the top and the good clients are still willing to pay for quality. It just adds motivation to turn out work in the “quality” bracket, and motivation is always a good thing.