I wasn't interested in corporate whining at that time but I'm sure the major record labels had already started saying that cassette recorders would kill the creative process. And by "creative process" they mean their profits. In case you were thinking of some artist starving because you have recorded his songs in a cassette, wake up! Big record labels don't give a shit about that...
I think that BitTorrent today is fulfilling that role. There is, of course, a big difference between that time and today: radios pay for the rights of passing this or that music (Don't they?) whilst BitTorrent file hosters don't. But the result is the same, those teenagers will buy the records when they become adults and more importantly, they go to concerts!!
Anyway, that's my 2cents.
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