PROTECT IP Renamed To the E-PARASITE Act
bs0d3 writes "The U.S. House has drafted their version of Protect IP today. They have renamed the bill to 'the Enforcing and Protecting American Rights Against Sites Intent on Theft and Exploitation Act' or the E-PARASITE Act. The new house version of Protect IP is far worse than the Senate bill s.968 and it massively expands the sites that will be covered by the law. While the Senate bill limited its focus to sites that were 'dedicated to infringing activities,' the house bill targets 'foreign infringing sites' and 'has only limited purpose or use other than infringement.' They're also including an 'inducement' claim, any foreign site declared by the Attorney General to be 'inducing' infringement, can now be censored by the US. With no adversarial hearing. The bill can be read here."
I guess they're really going all the way with "Corporations are people".
All the world's a CPU, and all the men and women merely AI agents
Indeed. Didn't the US do this for a longish while, signing up to the International treaties after they'd got the good stuff?
I'm not saying that China is "faultless" or the US is "all bad", but let's face facts - America would not have made the progress it has if it had respected European patent laws and European property rights. If it wants to claim China is in the wrong, then I have nothing against that provided it is NOT for the purpose of maintaining a hegemony obtained solely through the same practices. If China is guilty, then American corporations and the American government owe Europe a percentage of the profits secured through IP theft.
Sure, that might push the US into recession. Isolating China and closing down all counterfeit goods plus genuine goods based on stolen IP would not merely put China into recession, it would bankrupt it. If you're willing to do the latter, you should be man enough to accept the former.
The good news is that 100+ years of compound interest for some of the products and 60+ years of accumulated value in the case of property illegally confiscated from British and other Allied nations during WW2 should cover the combined debts of Italy, Greece, Spain and Ireland, and leave enough left over for the heads of State to put in advance orders for GTA 5.
It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
Welcome to world where you do what's good for you at the moment. It's not like this is a new concept for US either. China practically owns US now, and in 10-20 years it will start to really show. In the end, they will probably fall again, but it will be China who controls the world soon (again). It's the cycle of life.
Back in the eighteenth century Lord Macartney approached the Emperor with the finest goods of Britain - which paled in comparison to the riches of the asian court. There's a saying, "China already has everything, would could you possibly offer China", ultimately the answer was Opium.
China is returning to glory days, where China will have everything everyone else has and the question will be, "What can you possibly offer to the Chinese?" Tough question to answer.
A feeling of having made the same mistake before: Deja Foobar