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Brief on “Time For The Recording Industry To Face The Music: The Political, Social And Economic Benefits Of Peer-To-Peer Communications Networks”

A critical debate over a technological revolution is underway in the U.S. that will have far reaching implications for economic growth and global competitiveness, technological innovation and creativity, and the capacity of an open, democratic society to adapt to breakthroughs in the way we communicate. This debate is over advances in peerto- peer technologies and whether their growth will be driven by the capacity of human innovation or hindered by special interests reluctant to embrace change. This debate is unfolding in the U.S. court system, the halls of Congress at universities and research organizations, and among entrepreneurs everywhere from corporate boardrooms to the lone innovators looking for next great invention.