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by doh 1914 days ago
I’m very biased here, but I think the law is going to eventually be net positive not because is so good, but because there is another (DMCA in US and E-commerce directive in EU) that allow platforms to use content without compensation.

This is unsubstantiated in increasingly connected world where digital content (and rights) are structural to its operations and business. This law is far from perfect, but it’s seeking to remedy this imbalance. I agree that this could’ve done better, but we live in imperfect world with lobbing being part of the process.

So my hope and believe, one I built my company around, is that this law will allow to create balanced marketplace (similar to VISA) that allows all 3 sides (creators, platforms and rightsholders) to participate in the upside rather than focus on a zero-sum outcomes as it’s today.

I might be naive and completely wrong, but this is what I’m personally working towards.