The Pros And Cons Of Piracy

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As the years progress, there has been a great development with the internet. Therefore, it is no longer a safe place when it falls into the wrong hands, for anyone can go online and immediately find what they were searching for and claim it as their own. Moreover, the internet is extremely dangerous, and if not used wisely, it can go to the extreme of harming an individual's life. With that in mind, one of the main problems that the internet can produce is pirated, the usage of the internet to illegally copy and/or distribute copyrighted works. That being said, a variety of problems that arise with piracy is a vast amount of money that the economy loses because of it. For instance, “Why does the RIAA hate torrent sites so much?” argues that the global music piracy causes about $12.5 billion of economic losses every year, 71,060 U.S jobs lost, a loss of $2.7 billion in worker’s earnings, and a loss $422 million in tax revenues, $291 million in personal income tax and $131 million in lost corporate income and production taxes according to the Institute of Policy innovation (Music Business Worldwide). Therefore, although it may seem like you're getting an excellent deal on a product ,that would cost the legal consumer for say…show more content…
Although many methods are presented to get rid of piracy, it will always be there. Fortunately, many companies are coming together to find ways to reduce the percentage of pirating globally. For instance, big companies like Spotify and Netflix are making their applications more user-friendly and changing everything so it is more accessible. With new movies, video games, and music coming out almost every month, the statistics are set to go up with the time. It’s inevitable for people to pirate, but with awareness and time we can all solve the piracy occurring all over the world. It’s a matter that should be taken seriously, just because everyone is doing it doesn’t make it
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