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Report that fair use generates $4.7 trillion in economic activity

24 pointsby CoryOndrejkaabout 15 years ago

2 comments

ctkrohnabout 15 years ago
Impressive, but doesn't pass a smell check. US GDP was $13.84 trillion. It seems extremely far-fetched that copyright restrictions account for more than a third of our nation's economic output.
sjsivakabout 15 years ago
From the article: "Doing these kinds of analyses is notoriously imprecise, in some cases amounting to little more than guesswork."<p>That is does not paint a very good picture, and when looking into the actual report and what industries are considered: "...rise of the digital economy, as fair use permits a range of activities that are critical to many high technology businesses, including search portals and web hosting."<p>I would bet that any user-generated content website is considered, and who knows what else.
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