Kal Raustiala is a law professor at the University of California in Los Angeles, and talked in a recent video interview about piracy, intellectual property and the “fashion paradox” for the website Big Think. The term “fashion paradox” was coined to describe how the fashion industry has very little protection for intellectual property — new designs are copied almost the instant they hit the runway — and yet there is no shortage of creativity, or money, in that business (supporters of strong IP protection laws usually argue that without them, many artists would no longer create).
Raustiala also talks about how industries often assume that technology such as the VCR will decimate their business, only to find out that they can actually make far more money with such technologies than they did before. The video is definitely worth a watch if you have some time. The site that it comes from, Big Think, is a kind of intellectual version of YouTube, featuring one-on-one interviews with leading thinkers and authors. Co-founder Victoria Brown — a Canadian — started the site earlier with support from Lawrence Summers, the former president of Harvard University, and Facebook backer Peter Thiel.
(hat tip to Hypebot for the link)