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The Lies Of Big Content

How many jobs are lost due to piracy? Not as many as you’ve been told.

Julian Sanchez lowers the boom on Big Content:

“If you pay any attention to the endless debates over intellectual property policy in theUnited States, you’ll hear two numbers invoked over and over again, like the stuttering chorus of some Philip Glass opera: 750,000 and $200 to $250 billion. The first is the number supposedly lost to intellectual property theft; the second is the annual dollar cost of IP infringement to theU.S.economy. These statistics are brandished like a talisman each time Congress is asked to step up enforcement to protect the ever-beleagueredU.S.content industry. And both, as far as an extended investigation by Ars Technica has been able to determine, are utterly bogus.”

Something to think about the next time Hollywood and the music industry strike up their violins.