The manufactured outrage over Harvey Weinstein has been entertaining, mostly because a lot of gaseous Hollywood blowhards have taken it in the shorts over it. Watching guys like Ben Affleck and Jimmy Kimmel suffer is enjoyable because they are horrible people fond of self-righteously lecturing the rest of us. The schadenfreude is all good fun, but it misses a bigger story. The reason Hollywood is imploding in scandals, over what has been the norm for generations, is that the smart money has left the business.

As Steve Sailer noted, degenerates like Harvey Weinstein have always been a fixture in the movie business. Smart Jewish men were drawn to the business, because success meant they got to be gatekeepers in a high demand business. That meant they could charge very large tolls for the right to pass through the gates. Anyone who wanted to be in movies had to make it in Hollywood. Actresses and actors that wanted to be stars had to do what was required to make it past the gatekeeper. Everyone paid the toll.

Unsurprisingly, Hollywood has always been the land of horny men and slutty women, willing to trade sex for success. To some degree, that was always the attraction. In what other business could a golem like Weinstein have easy access to hot sleazy women, as a part of his daily work? For that matter, in what other business could hot sleazy women get rich and famous just for having the right look? Other than the smart guys who ran the place, Hollywood was for carny folk hoping they would find the golden ticket.

It all worked as long as Hollywood was the choke point of the entertainment business in America. For the longest time, that was the case. All movies were made in Hollywood and almost all TV shows. Some television work was done in New York City, but even that was controlled by the big studios. That meant smart men looking to make big money in movies went to Hollywood to make their money. They had no choice. Even if they wanted to go around the studios, the studio men controlled the distribution networks too.

Most everyone gets that technology is changing how people consume entertainments like movies and TV shows. Instead of a cable sub and trips to the theater, it is the internet and viewing on a variety of devices from anywhere with wireless access. That’s why cord cutting is gaining steam. There’s no reason to have a cable deal when you can get all the same stuff, on demand, from your internet provider. With gizmos like Kodi, you can get any video in the world, free of charge, as long as you have the technical savvy.

The other side of this coin is that technology has broken up the bottleneck that is Hollywood. Services like Amazon are greedy for content and they have the money to go around the the gate keepers. Hollywood is no match when facing off with the giant tech companies and their control of the internet. Then there is the fact that making movies does not require prohibitively expensive video equipment and facilities. This guy made a very slick drama in Scotland for £3000. It’s as good as anything Hollywood produces.

Then there is the fact that social media is making it easier for these independent content creators to get attention. PewDiePie has over 50 million subscribers to his YouTube channel. Mike Cernovich has proved that you can gain national attention, despite having no obvious talent, if you figure out how to work social media. Donald Trump is in the White House, because he figured out that old media is no longer valuable. He spent his time and money on other forms of marketing and won the election as a result.

The days of Hollywood being a choke point for video entertainment is over. The new players in the content business are the services like NetFlix, Amazon and Hulu. They are becoming the new choke points for TV and movies so the smart guys are moving to those rackets. They don’t have to be in Los Angeles or even in America. These services are so desperate for content, they will even go to Iceland for it. Like the big record labels of the prior age, Hollywood is on its way to becoming a legacy business.

As an aside, the foreshadowing of this was the pornography business. Twenty years ago porn producers in the San Fernando Valley made big money producing porno films for home video rental. Bus loads of girls would come to Hollywood to become stars, only to end up in the valley making porn. Then, the internet and inexpensive video gear made it possible for anyone to put porn on-line. Before long the internet was awash in free porn of every imaginable variety. The porn industry collapsed.

An axiom of modern, life is that the arrival of social justice warriors is a sign that a business or industry has entered a death spiral. It may not be dead, but its days of making big money have come to a close. The smart-money men, interested only in making money, have left the scene, leaving the people with other agendas to take over and impose those agendas. That’s when the gals start running off the guys for being male and cook up schemes to help under-represented minorities realize their potential.

That’s what is happening with Hollywood. The girls are taking over, which means they will be producing content that no one watches, as they burn through the assets of the movies business infrastructure. Soon, the oppressed people of color will be accusing the remaining studio men of being insufficiently remorseful about their ancestors owning slaves. Unlike colleges and corporations that go through this, the film business has an ample supply of degenerates like Harvey Weinstein. This is just getting started.