The buddy-list element of Aimster could provide effective legal cover from lawsuits because federal law allows people to record and trade music with family and friends without fear of copyright infringement. Available for only a month, already 1 million people use the software. Click for more . The motion picture industry tried to stop the VCR, claiming it would kill their business. Video sales are now a Hollywood cash cow.
History is full of examples of the fears triggered by technological change.
History tells me the music industry of the future will make vast sums offering digital downloads. They're just too dumb to know it right now. Click for more . But unless they embrace digital downloads, they'll be waging the same war all over again against somebody new. Hit the TalkBack button and let me know, or go straight to my Berst Alerts Forum where the debate is heating up.