nsane.forums Posted March 16, 2012 Share Posted March 16, 2012 Listen.com co-founder Rob Reid takes a look at the entertainment industry's bizarre claims about the economic damage of piracy. Who knew your iPod contained $8 billion worth of stolen content? And what about the MPAA's statistics? They're looking at $58 billion in losses and have been forced to cut 370,000 jobs from the hardworking American labor force. Interestingly, though, movie and TV revenues are actually up from their 2000 statistics. In fact, the only losses that Reid was able to find happened to the music industry, amounting to about $8 billion of losses (one iPod classic). The rest of these losses must therefore be due to industries that didn't exist in 2000, such as ringtone piracy. Oh, and $58b? Yeah, that's the size of the entire US agricultural industry: Reid concludes his talk by pointing out that even though this math is a little bit hard to understand to us mere mortals, it's a field best left to experts who get the science behind it. For his next talk, he'll be taking a look at the real problem facing the US entertainment industry: alien music piracy. In the meantime, you can take a look at the video of his talk, courtesy of TED. Pretty neat stuff, even if it makes no sense whatsoever. View: Original Article Link to comment Share on other sites More sharing options...
shought Posted March 17, 2012 Share Posted March 17, 2012 You should really watch the video, it's great :D Link to comment Share on other sites More sharing options...
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