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The argument about the online piracy issue is not that the pirates are evil, or that they are against the rich. The argument is that the money that is being taken doesn't go to the rich. The argument is that most of the rich people on the internet aren't the creators of the content, so it should be the taxpayers that should be paying for it. The fact that the internet exists with regard to file sharing is the fact that the auto industry was winning so much that it wasn't feasible to legislate them out completely. This was unsustainable. DANIN: The information age, I believe, is one that is essentially an outgrowth of communications technologies, and, of course, is being accelerated by the digital revolution and by telecommunications. The sustained economic growth that we have is to a significant degree a function of the digital telecommunications revolution. It is enough to note that the most significant countries in terms of their relative share of the world's gross domestic product, including the United States, are the countries that up to a couple of years ago were seen as Luddites in their relationships with telecommunications.

The question is, "What can be done?" I think one of the tools that we ought to retain is any kind of a criminal sanctions. In particular, the kind of criminal sanctions that are being contemplated in India for file sharers.

And I think that the model that -- that is being proposed in India ought to be -- there's no doubt that essential if there is going to be no further criminality, and you can't suppress all of the criminals, that you should have a deterrent, and the deterrent should be, shall we say, a deterrent to significant economic activity that we shall not tolerate, and that is a criminal sanction. That is not to say that we don't stop other people from sharing; that being the worst, the copyright criminals, they will be stopped from sharing. They won't be allowed to share as they know how to share -- illegally. d2c66b5586