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Unfortunately, I've yet to hear a convincing alternative incentive scheme to that of copyrights and patents. The necessity of copyright and patent law varies widely from industry to industry, and the limited expertise (and interest) of legislators keeps them from taking any bold steps adjust the law to better fit the intricate needs of the people (ie, short/no patents in industries that move quickly and communally, like software, and longer patents for industries like pharmaceutical development, that are immensely costly and provide limited network effects to the first mover (a drug's prices decline by 90% in the US when it goes off patent). People view copyright as less essential than patents, but the truth of the matter is that without copyright laws, there would be a significant decline in the production of movies, music, games, and many other costly mediums. Without copyright, I could legally create a competitor to netflix that paid studios nothing and played every movie ever made on any device for close to nothing. I could create a competitor to steam that distributed games and was every bit as useful and integrated, and I'd pay nothing to developers. Even if you think online piracy isn't as big of a problem as studios claim it is (and you'd be very right), the laws that keep it illegal are all that stand between today and a collapse of the content development ecosystem. Even if copyright doesn't maximize for society's benefit because of the monopoly it creates, every copyrighted work sold is a net plus to both the consumer and the producer. Without any copyright framework, there's a significant chance that the producer could never afford to make that beneficial product in the first place. Even if you only eliminate prosecution of people/entities that don't make any money from what they're doing and allow non-profits like wikipedia to host full movies, you still irreparably break the incentive system that exists today. Maybe we don't need new movies and games, but people want them and as long as that's the case they'll want to keep protecting them with copyright. Maybe someday, systems more like kickstarter could replace copyright, but I highly doubt it. They don't do nearly as good of a job. That said, I'm all for much shorter terms for copyrights and the elimination of software patents. |
I disagree. What were talking about here is art, and mankind has been producing art since long before government-guarded IP. It isn't because IP laws provide an incentive that we create things; we do it because it's human nature. The ability to freely copy other people's work lowers the barrier to entry, so eliminating IP laws would spur a creative renaissance. The only downside is those big media companies would be forced to innovate.