Monday, March 20, 2006

Engines of Growth [?]

According to an article entitled Content must catch up with new-media world, the real world ramifications of “rampant” intellectual property theft are shocking:
A study released by NBC Universal on Monday put a fine point on just what is at risk not only to media and entertainment industries but also to the overall U.S. economy. "Engines of Growth: Economic Contributions of the U.S. Intellectual Property Industries," (PDF) commissioned by NBC Universal, yielded "shocking" conclusions according to NBC Uni chairman and CEO Bob Wright regarding copyrighted music, books, TV shows, films and patents.The piracy of intellectual-copyrighted products is costing the U.S. about $250 billion annually. Globally, it is estimated that more than one-third of all software is pirated. Domestically, what hits home is that 40% of the growth of U.S. private industry contributing to the all-important gross domestic product is from intellectual property-related industries. In other words, this still problematic matter is a U.S. economy-buster.
Well worth the read, whether your are pro-IP or a copyfighter at heart – thanks to IPcentral for hosting the PDF.
I would suggest reading the report in tandem with Nicholas Carr’s blog post entitled “The Amorality of Web 2.0” – why you may ask? Well, take this excerpt for example:
But the yearning for a higher consciousness didn't burst with the bubble. Web 1.0 may have turned out to be spiritual vaporware, but now we have the hyper-hyped upgrade: Web 2.0.
. . . .
The promoters of Web 2.0 venerate the amateur and distrust the professional. We see it in their unalloyed praise of Wikipedia, and we see it in their worship of open-source software and myriad other examples of democratic creativity. Perhaps nowhere, though, is their love of amateurism so apparent as in their promotion of blogging as an alternative to what they call "the mainstream media."
To those of you copyfighters who want everything free, open and accessible without limitations on access – I have a question:
Is free information that is incorrect, inaccurate, incomplete and incoherent really free?

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