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by cHalgan
5385 days ago
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I just want to point one thing: As China is becoming the super-power (engine of the world), their view how copyright should be handled will become prevalent. In other words, the majority of money to be made will be in Chindia and not in Europe and US. We need to prepare for that. |
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One would expect China and India to follow USA commercial practice and use the established structures of IP. But USA-IP is not intended to be good economics in the real sense, it is supposed to benefit the USA. When the USA is a net importer, it will be the loser. It will start to disavow international IP.
But IP is fairly dumb in an information economy so it must die out in the not too distant future anyway.