Fair Use Worth More Than Copyright To Economy
Dotnaught writes "The Computer and Communications Industry Association — a trade group representing Google, Microsoft, and Yahoo, among others — has issued a report (PDF) that finds fair use exceptions add more than $4.5 trillion in revenue to the U.S. economy and add more value to the U.S. economy than copyright industries contribute. "Recent studies indicate that the value added to the U.S. economy by copyright industries amounts to $1.3 trillion.", said CCIA President and CEO Ed Black. The value added to the U.S. economy by the fair use amounts to $2.2 trillion."
...how much would you pay for your fair use rights?
Doesn't fair use mean you don't pay for content? Where is all this money coming from?
Hey man, every time some yahoo walks down the street singing "Free Bird, our national value is improved by $0.10. Don't knock it!
"Can of worms? The can is open... the worms are everywhere."
It's not a few people getting a slice of the pie. One group rapes the pie, then tells us they've eaten it all.
There's still plenty to slice there, I just wouldn't want to eat it.
and tomorrow's headline:
"Copyright groups claim study shows unlicensed usage of copyright materials is costing US $2.2 trillion."
there is a tremendous drive for primated (most mammals) to take as much as they can possibly get away with
I'd have replied sooner (and I'm typing this slowly) but I can't get my other hand out of this damn jar.
If money isn't wealth in your eyes, can I have your money? If you honestly believe money is not a form of wealth, email me (there's a challenge/response setup you'll have to pass through) and we can arrange something. After all, if money isn't wealth, you would be just as wealthy if you gave me all your money as you are now. I think you're trying to say that not all wealth is money. That's more to the point, and quite different from what you've been saying.
My concerns are for the precision of the discourse--they are not for or against any of your conclusions.
In Repressive Burma, it's not just your connection that dies. slashdot.org/comments.pl?sid=314547&cid=20819199
This study suggests that about 35% of the $13.1 trillion US economy comes from Fair Use. Despite the immense economic import of High School Drama Productions, I'm a bit suspicious.
Slashdot: providing anti-social weirdos a soapbox, since 1997.
Calculate the benefit to us all from the outcome of such unrestricted sharing. In the first case, Britney Spears doesn't get paid, and perhaps stops producing music.
Kids learning physics, allowing America to stay competitive: $90.2 billion
Britney Spears getting out of the music business: Priceless
!#@%*)anks for hanging up the phone, dear.