He Advantages and Disadvantages of Intellectual Property in the Digital Age.

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Title: The advantages and disadvantages of intellectual property in the digital age.

Intellectual property is an umbrella term that covers copyright, patents, trademarks, designs, and confidentiality and trade secrets. Each of these terms covers a different type of property that is made up of knowledge. Many of these terms cover physical objects, however it is the idea behind them that counts and needs to be protected. The growth of the Internet has put pressure on traditional intellectual property protections such as copyright and patent. Some forms of information, when made accessible on the Internet, are easily copied. Subsequently the costs of copying are low and because copying is often anonymous. As an every coin has two sides, this essay will focus on advantages and disadvantages of intellectual property law on the Internet. The above terms are all for different types of intellectual property. For instance patents are for products, trademarks are for works, logos and pictures. Design rights are for the shape of something. Copyright is for literacy, such as music, film, multimedia and computer programs. First of all, for all of the above intellectual property terms, except from copyright, you must apply for the license and have it approved by the appropriate people and groups. The reasons of these laws need to change is because people are stealing large amounts of intellectual property in the form of music and movies, and the culture of the new generations has become one of internet surfing, downloading and hacking because of that there are many advantages and disadvantages to intellectual property laws and how it is used in the digital age. All of this means that governments and interests groups are making lots of attempts to move intellectual property laws with the times. However, with the speed of the Internet age, it is almost impossible for the laws to keep up. Secondly, a big part of intellectual property is money. The original concept of intellectual property was that everyone who had played a part in creating something that is in the mind makes some kind of profit. Due to illegal file sharing the Motion Picture Association of America claims that $2.3 billion was lost in the US alone from pirates. However this maybe in part untrue because giving away intellectual property such as movies can sometimes mean more profit for the seller. For example file sharing protocols, such as Bit Torrent, offer movies at about a 320px X 240px size, which equates to around a 900mb file for a 2-hour video. This is nowhere near DVD quality (720px X 480px) and if someone really enjoyed the movie then they would be likely to go and buy it. The other example is music people may want to download an album from artist, to find out whether or not they want to buy the artists new album.

While intellectual property appears to be protecting the creators of the music, this is sometimes untrustworthy due to the way the music industry works. Because of the popularity of music there are lots of small local bands that are formed. The recording industry has a lot of choice when it comes to choosing the band it signs, and the ones that they don’t. This means that bands get unfavorable contracts, which signs way most of their intellectual property rights and gives it to the recording company. Intellectual property also affects the person holding the license because it means that things cannot be advertised as well. Moreover many shows have been recovered and have become popular due to illegal practices in online. For example, famous episode Prison Break looked like it was going to be cut after one season but when was put on a Bit Torrent site, users got to watch it before it was in broadcast. It then became popular and when the FOX TV channel finally broadcast it lots of people were watching it, to either see a better version or because of advertise was from other people who had already seen the show via Bit Torrent. However, all of the...
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