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Fri Dec 30, 2011, 03:58 AM

 

Sopa Would DESTROY Jobs and the Economy … So Why are Unions Supporting It?

http://www.zerohedge.com/contributed/sopa-would-destroy-jobs-and-economy-%E2%80%A6-so-why-are-unions-supporting-it

The promoters of the Stop Online Privacy Act (Sopa) are pretending that it would save jobs and help the economy. But it would actually destroy jobs and hurt the economy. No one is going to invest in the next Facebook, Google, Yahoo, Reddit, or YouTube if they know that websites can be shut down after a single unsubstantiated copyright complaint. http://www.washingtonsblog.com/2011/12/americas-future-russians-and-chinese-use-copyright-crusade-to-crush-government-criticism.html The only sector of our economy that’s in good shape is web technology (for example, Google is hiring like crazy right now). Sopa would put a huge dent in the web sector and destroy jobs.

Venture capitalist Fred Wilson notes: http://www.avc.com/a_vc/2011/10/protecting-the-safe-harbors-of-the-dmca-and-protecting-jobs.html Big companies . . . can afford to defend themselves from litigious content companies. But three person startups cannot. And Facebook, Twitter, and YouTube were three person startups not so long ago. If they had not had the protection of the safe harbors of the DMCA, they could have been litigated out of business before they even had a chance to grow and develop into the powerhouses they have become. And venture capitalists will think more than twice about putting $3mm of early stage capital into startups if they know that the vast majority of the funds will go to pay lawyers to defend the companies instead of to hire engineers to create and build product.

A group of well-known law professors say: http://cdt.org/files/pdfs/SOPA_House_letter_with_PROTECT_IP_letter_FINAL.pdf SOPA is a dangerous bill. It threatens the most vibrant sector of our economy – Internet commerce. It is directly at odds with the United States’ foreign policy of Internet openness, a fact that repressive regimes will seize upon to justify their censorship of the Internet. And it violates the First Amendment.

Vice President Joe Biden admits:


The digital marketplace of ideas that welcomes every blog and tweet is the same one that inspires the next generation of innovators to fuel our economies. And when businesses consider investing in a country with a poor record on Internet freedom, and they know that their website could be shut down suddenly, their transactions monitored, their staffs harassed, they’ll look for opportunities elsewhere.

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Reply Sopa Would DESTROY Jobs and the Economy … So Why are Unions Supporting It? (Original post)
stockholmer Dec 2011 OP
Luminous Animal Dec 2011 #1
NYC_SKP Dec 2011 #3
FreakinDJ Dec 2011 #2
NYC_SKP Dec 2011 #4
joshcryer Dec 2011 #5

Response to stockholmer (Original post)

Fri Dec 30, 2011, 04:11 AM

1. Which unions?

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Response to stockholmer (Original post)

Fri Dec 30, 2011, 05:32 AM

2. Haven't heard a thing about supporting it

got a link for that

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Response to stockholmer (Original post)

Fri Dec 30, 2011, 06:21 AM

5. Because unions support their constituants and independent media isn't supported by unions as yet...

(I realize there are some independent media unions and of course they don't support this legislation, but they are small time and aren't who you're talking about.)

There are dozens of laws on the books to stop online piracy. DMCA, CTEA, DPRSRA, NET Act. The problem is that they aren't authoritarian enough. To stop internet piracy you need to be able to arbitrarily cut the internet whenever you see piracy. COICA was their latest attempt but they've been trying for awhile, just look at this absurdity:

http://en.wikipedia.org/wiki/List_of_intellectual_property_legislation_pending_in_the_United_States_Congress

And yes, the big unions are resoundingly behind it. They don't want independent media to flourish as it has been thanks to alternate distribution mediums. Study after study shows that piracy doesn't hurt their bottom line, but they don't want the competition.

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