In summary, scholars need some way to deal with authentication issues if they are to be effective in the future. You know what this is like from just using a word-processing program. Every time you revise it, it's overwritten by the new one. That's fine for writing computer documentation or something like that. We really don't want the first draft, but authentication really becomes a problem for scholars using digitized media.
Fair use is a huge concern of the scholarly community.
Most people in the university are not aware of what's happening, but as these implications work out, they may find themselves suddenly losing rights that they thought they had. Finally, we need to think about incorporating these new knowledge intermediaries who aspire very strongly to become part of this process.