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Journal Spy der Mann's Journal: The pirate dilemma: To compete or not to compete?

It's hard for large organizations that move at glacial speeds to compete with individuals taking their content and creating new distribution systems, revenue streams and business models, but the fall of the major record labels taught the rest of the corporate world a lesson. Matt Mason from Torrentfreak did a keynote speech (video) at The Medici Summit, telling us that in many cases, piracy is helping people to innovate and create new legitimate market spaces.

Particularly I found his speech very interesting for one powerful reason: The businesses that fight pirates now, were pirates themselves when they were starting. Including Hollywood and the Music Industry. If you want to convince someone that piracy is not as evil as he claims, show him this video and he'll have his world turned upside down.

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The pirate dilemma: To compete or not to compete?

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