Wednesday 23 June 2010

firewall

With news that China is unseating the US, who has reigned since 1890, as the largest producer of manufactured goods, the internet protocol czars of America are trying to make up for lost territory through licensing agreements and service contracts with aspirations of becoming the world cyber-police. Some really unbelievable things are happening as privacy and neutrality are being chipped away, repackaged and sold back at a premium. Like speculation with gold and currency markets, piracy-assessors apparently have calculated out the retail value lost to an uninspired modern single circulated for free on the internet represents a loss of revenue of some $2000 for the record label, which, imagine, could make a well-stocked and unsanctioned library worth well over $700,000,000,000--in one documented case, making that hard drive the single most valuable object in the world.  Some say the music and entertainment industry is on the verge of collapse, but I think it deserves to implode if there's little art or experimentation and mere reliance on re-runs.