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    © 2014, Joseph B. Wikert
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« Why Amazon Firefly is important | Main | Why econtent prices will erode even further »

June 30, 2014

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Stephan Kreutzer

Obviously, a rented good can't be valued just as an owned one. Even if Millennials don't care much about the difference in the first place, they'll suffer the very practical consequences of the imposed artificial limitations later then. The restrictive licensing of digital works prevents owning by legal means, so a customer can't be expected to pay much (or anything at all), while at the same time technically there is no such thing as "renting" of digital files. Education on copyright law is futile, since it is in its current state an inadequate pre-digital one and needs to be reformed rather soon.

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