Hi Billy,
On Apr 3, 2012, at 3:43 PM, [email protected] wrote:
>
> Here is the Reuters story. Even if you subtract, say 25%+ as exaggerated
> that still is a per annum cost to the USA of well over $ 30 billion.
> My argument is not that some of the costs of piracy effect
> the American market in a major way, it looks like, for the most part,
> that particular effect is second order --hundreds of millions for
> a given industry But for entertainment, to use that example,
> most revenue is foreign, if not across the board, in many areas.
>
> In other words, since most corporations are multinationals, the question
> is not whether the US market is pinched, it is, but how badly overseas
> sales have been hit. About that, the pinch is more along the lines
> of a wrecking ball as profits get clobbered. Great for
> Chinese Pirate Corp, but horrible for Disney or any other
> major US studio.
>
> Anyway, I am really surprised at your response. Apple itself
> hardly treats the problem as non-serious, and it spends millions
> fighting intellectual property theft. Sounds important to me.
Intellectual Property Theft is vastly different than industrial espionage. IP
theft is primarily a legal issue, whereas espionage is a preventive security
issue.
As usual, we appear to have been discussing two different (and in my view,
unrelated) issues. :-/
Also, while I fully agree China and other Asian countries should outlaw piracy
in practice (not just in theory), it is ridiculous to think that:
- such measures would be 100% effective
- every sale lost to piracy would magically convert to full-price
revenue
Even if enforcement was 100% successful, I would be pleasantly shocked if even
3% of former pirates ended up buying the legitimate product.
-- Ernie P.
>
> Billy
>
> ---------------------
>
> China piracy cost U.S. firms $48 billion in 2009: report
>
>
> ( Reuters ) - Chinese piracy and counterfeiting of U.S software and a wide
> range of other intellectual property cost American businesses an estimated
> $48 billion in 2009, the U.S. International Trade Commission said in a report
> released on Wednesday.
> It also concluded 2.1 million jobs could be created in the United States if
> China complied with its current international obligations to protect and
> enforce intellectual property rights. The most direct jobs impact would come
> in high-tech and other innovative industries.
>
> The report, requested last year by top Democrats and Republicans on the
> Senate Finance Committee, gives the Obama administration additional
> ammunition to press Beijing for better protections.
>
> More than $26 billion of the losses came from the information and service
> sector and more than $18 billion came from the high-tech and heavy
> manufacturing sector in addition to billions more from other sectors, the
> report said.
>
> "China's unfair practices cost the U.S. billions of dollars and millions of
> jobs," Senate Finance Committee Chairman Max Baucus said in a statement as
> top U.S., Chinese and other Asia Pacific trade officials gathered in his home
> state of Montana for an annual meeting.
>
> "Time and time again, China has failed to protect and enforce American
> intellectual property rights, and it continues to discriminate unfairly
> against American businesses. We cannot pretend that there aren't real
> consequences to these violations when these numbers show that millions of
> American jobs are on the line," Baucus said.
>
>
>
>
>
> --
> Centroids: The Center of the Radical Centrist Community
> <[email protected]>
> Google Group: http://groups.google.com/group/RadicalCentrism
> Radical Centrism website and blog: http://RadicalCentrism.org
--
Centroids: The Center of the Radical Centrist Community
<[email protected]>
Google Group: http://groups.google.com/group/RadicalCentrism
Radical Centrism website and blog: http://RadicalCentrism.org
