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CronoDAS comments on Open Thread: October 2009 - Less Wrong
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As for your claim that old is as good as new - it's not.
Yes, about half of them. Not all were actually good, IMDB has some systemic biases. Good movies are much less common than you claim.
Also you cannot just decide to skip making mediocre movies (or anything else) and only do the good ones. At best by halving number of movies made, you'll halve number of great movies made. Due to expected positive externalities (directors and so on learning from previous movies how to make better ones), it might lower number of great movies even more.
If you make the list of best movies tend to be more recent. Looking at IMDB, which I consider very strongly biased towards old movies, top 250 are from:
Which is quite strongly indicative that movie making industry is improving (and this effect is underestimated by IMDB quite considerably). On list of movies I rated 10/10 on imdb, only 1 out of 28 is not from 1990s or 2000s.
It's also true for books - progress is not that fast, but I can think of very few really great books earlier than mid 20th century. Or highly enjoyable music earlier than the last quarter of 20th century. No solid data here, it might be due to progress of technology in case of music, and better cultural match with me in case of books.
Random thoughts:
Values Dissonance is a real problem, even when applied over the scale of 50 years. Also, ScienceMarchesOn and even History Marches On. The more things we learn, the more things we can tell stories about.
I've found that, by reading an awful lot of books, I feel like I understand literature and storytelling. On the other hand, I really don't understand music very well. I can't tell what qualities make one piece of music good and another not as good. I can play the piano pretty well, but I can't really improvise or compose. My taste in music (or complete lack thereof) seems to have a great deal to do with the mere exposure effect; I like the kinds of music that I hear a lot and don't like the kinds of music that I hear less of.
Also, one other big difference between much contemporary popular music and much classical music is that a lot of contemporary popular music has lyrics that listeners can understand, and a lot of classical music is entirely instrumental or in foreign languages.