According to a report published by the AFL-CIO, online piracy costs content providers (mostly TV networks and movie studios) a lot of money. Around $20 billion annually. That, in turn, costs a staggering number of industry-related jobs – over 140,000 by some estimates.
The entire post, while long, provides tremendous insight into the ramifications of SOPA/PIPA. It shows in clear language just how destructive this legislation is to honest people and how it will have little effect on the bad people.
It has examples of how the current laws, even with all their restrictions, have been misused. SOPA/PIPA removes all those restrictions and we are supposed to believe it will be better?
And here is the core, the Great Divide we are now dealing with – those who understand and embrace the INternet and those who don’t:
Personally, I’ve never agreed with Darrel Issa on any issue ever, but I agree with him on this.
How is this possible? Because the divide over SOPA/PIPA isn’t political, it’s between those who understand how the internet works and those who don’t, those who see opportunities for growth and innovation and those who fear change and are holding on to old business models for dear life.
48 Senators have said they would pass this legislation. Neither of my Senators have said they would. Call your now and let them know that this is a bill worth fighting over. It is actually a bi-partisan issue we can agree on.
This is government regulation of the worst kind – it supports incumbent industries at the expense of innovation. It substantially raises barriers to entry while protecting failing industries.