The Future: No More Shiny Discs. Who Benefits?

It seems the world continues to embrace iPods, TIVO type devices, hard drive recording cable TV set top boxes and cell phones that play MP3s.

Even hard core, geeked out audiophiles like ourselves seem to be slowly but surely adopting PC based music libraries.

So my question is this:

As people in Peoria learn what "ripping" means
And even mothers in law get iPods for Christmas
And music, movies, photos, etc migrate to hard drives

Hard drive space just seems to get cheaper, but could this nonetheless fuel demand for drive makers?

Will digitized media force consumers to upgrade to more expensive chipsets or hardware?

Will HDTV content drive the success of certain companies?

Which countries are most likely win manufacturing business?

I am trying to develop some ideas for conversations in my business on these topics and would greatly appreciate any thoughts.

Thank you very much.