The comparative advantage the professional assignment or stock photographer brings to the table isn't just creating a "good enough" photograph, it's about creating the RIGHT photograph for the client.
This is why microstock and craigslist haven't completely destroyed the market, since the professional can reliably create the RIGHT photo for the assignment (or in the case of stock, consistently predict and create the exact images the target market needs).
But it does exert downward pressure. The photo editor/art buyer is always cost-conscious, and whereas she used to only have the option of professional-quality-work at professional rates, now there is a huge pool of "good enough" photos at vastly lower cost. Buyers of photography, as it turns out, aren't actually that discriminating, so more and more frequently they're opting for the "good enough" photo instead of the RIGHT photo.
And this is where the professionals start to get irked. It'd be one thing if the new competition were undercutting them with similar-quality work at lower cost. It's be they're being undercut by work that is often objectively lower in value to the client, and they know the client would be better served.
It's actually quite analogous to the issue of outsourcing: a vast new pool of cheaper but lower-quality labor supply becomes available, and many firms move operations overseas. The end-product is crappier but cheaper. Nobody actually cares about quality, and given the choice, they'll go for cheaper and "good enough" over expensive and good.
Interestingly, Apple is somehow managing to upend this paradigm by producing really-good quality product at premium-but-not-ridiculous prices through design and manufacturing innovation and exceptional marketing, and is taking back market share from the mid-tiers. I can't think of how the photo industry as a whole can accomplish this, though, since it's B2B rather than B2C, and it's an army of independent professionals and not a unified association. (There's a legal limit on how much the industry can coordinate: the major photographers' trade organization was fined for price-fixing years ago becaused they had published pricing guidelines.)
(DISCLAIMER: I worked in the photo industry for years, and still shoot the occasional assignment)
Nobody actually cares about quality, and given the choice, they'll go for cheaper and "good enough" over expensive and good.
I agree with your overall point. But this one is more nuanced. In things that are of little significance, "good enough" is, well, good enough, and people won't pay more than they have to.
But you can charge a premium for even a tiny advantage, when that advantage matters to the people buying. The very best baseball players are paid very well, but those right below the very best get a small faction of that, and those right below them get the joy of playing and not much else.
Closer to home, I recently spent over $400 (and know people that have spent much, much more) on a Go set with a solid spruce board, kaya bowls, and onyx stones because I valued the aesthetics when I played, even though I could get a perfectly workable cardboard set for $20. But I am highly cost sensitive in just about every other area of my life.
I should rephrase that to "the organization doesn't care about quality". The customer (you) might care, but since you're only consuming the end-product your decision has a lot less influence.
This is definitely an organizational behavior, as the person buying the product isn't the same person that consumes it.
This is why microstock and craigslist haven't completely destroyed the market, since the professional can reliably create the RIGHT photo for the assignment (or in the case of stock, consistently predict and create the exact images the target market needs).
But it does exert downward pressure. The photo editor/art buyer is always cost-conscious, and whereas she used to only have the option of professional-quality-work at professional rates, now there is a huge pool of "good enough" photos at vastly lower cost. Buyers of photography, as it turns out, aren't actually that discriminating, so more and more frequently they're opting for the "good enough" photo instead of the RIGHT photo.
And this is where the professionals start to get irked. It'd be one thing if the new competition were undercutting them with similar-quality work at lower cost. It's be they're being undercut by work that is often objectively lower in value to the client, and they know the client would be better served.
It's actually quite analogous to the issue of outsourcing: a vast new pool of cheaper but lower-quality labor supply becomes available, and many firms move operations overseas. The end-product is crappier but cheaper. Nobody actually cares about quality, and given the choice, they'll go for cheaper and "good enough" over expensive and good.
Interestingly, Apple is somehow managing to upend this paradigm by producing really-good quality product at premium-but-not-ridiculous prices through design and manufacturing innovation and exceptional marketing, and is taking back market share from the mid-tiers. I can't think of how the photo industry as a whole can accomplish this, though, since it's B2B rather than B2C, and it's an army of independent professionals and not a unified association. (There's a legal limit on how much the industry can coordinate: the major photographers' trade organization was fined for price-fixing years ago becaused they had published pricing guidelines.)
(DISCLAIMER: I worked in the photo industry for years, and still shoot the occasional assignment)