Well I will say that this is the first time since the traveling poets of ancient times that people can make money on their own with music. I think the issue is people think an artist should make millions. The only place losing music jobs is label employed musicians. We cut out the middle man they can make a good living. One of my friends just plays Acoustic Guitar and travels the world for competitions and makes a decent living. He isn't what you would call rich but he is paying the bills and has a family. https://www.youtube.com/watch?v=Lo9kGHYn_bI
"...things are actually much better for independent musicians than in the past, just as we would expect. In fact, there's been an astounding 510% increase in independent musicians making their full time living from music in just the past decade."