Gottfrid Svartholm founded The Pirate Bay, one of the biggest sites for people to illegally download content over the internet. He has just been found guilty of hacking into an IT company and stealing people’s social security information and drivers’ license records.
Gottfrid clearly is not an ethical person but what are the true effects of sites such as The Pirate Bay? Back in the ’80’s, it was common for teenager to use dual-deck cassettes to make copies of music albums on blank tapes for their friends. It was also common for people who played computer games to share their disks with friends. Both industries were booming.
Despite piracy, the modern movie industry is still hugely profitable. How many people go over to their friends’ house to watch a DVD? I guess you’re technically watching it for free Igor Cornelsen. One could say that torrenting is simply a more convenient way of watching a friend’s copy.
The music industry, however, seems to have been devastated by piracy. The ease in which music is shared online has created a situation where there may not be a single platinum-selling album in the year 2014.
Some of this appears to be market correction and more of it will be solved by more advanced security features. For now we live in the “golden age” of internet piracy.