His comments arrive after the U.S. Chamber of Commerce released a study on Wednesday indicating that industries depending on IP rights account for more than $5 trillion of the country's gross domestic product (GDP). The country's total GDP is about $14.6 trillion.
I'm sure if you fumble around the arithmetics enough, and include anyone who produces or depends on anything that could fit under the increasingly vague label of "IP" (this company has a movie night every month, they depend on IP!), you can probably even boost that made-up number to 75% or 90% of GDP!
Clothing manufacturers, cotton producers, and even fast food chains are included in these totals. It is simply an attempt to make people think that the movie and music industries contribute jobs when that is simply not the case. Even I depend on IP if you consider that I offer a product that can be pirated, but it does not strengthen their position unless you believe their lies. The values may be accurate, but they are not revealing the true source of the revenue and are simply lumping in everything they can to this total to justify their attempts at supression.
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His comments arrive after the U.S. Chamber of Commerce released a study on Wednesday indicating that industries depending on IP rights account for more than $5 trillion of the country's gross domestic product (GDP). The country's total GDP is about $14.6 trillion.
I'm sure if you fumble around the arithmetics enough, and include anyone who produces or depends on anything that could fit under the increasingly vague label of "IP" (this company has a movie night every month, they depend on IP!), you can probably even boost that made-up number to 75% or 90% of GDP!
Clothing manufacturers, cotton producers, and even fast food chains are included in these totals. It is simply an attempt to make people think that the movie and music industries contribute jobs when that is simply not the case. Even I depend on IP if you consider that I offer a product that can be pirated, but it does not strengthen their position unless you believe their lies. The values may be accurate, but they are not revealing the true source of the revenue and are simply lumping in everything they can to this total to justify their attempts at supression.
Or 210%.