Protecting Internet Innovation Protects Jobs

A VC: Protecting The Safe Harbors Of The DMCA And Protecting Jobs:

“The content indusrtry is not creating new jobs right now. The tech industry, led by startups, have created all the net new jobs in the past five years. Companies like Apple, Google, Facebook, and startups like Dropbox, Kickstarter, and Twilio are the leading exporters and job creators of this time. They are the golden goose of the economy and we cannot kill the golden goose to protect industries in decline.”

Yet another insightful post from Fred Wilson. The bills currently in Congress run the risk of putting future Internet innovation and job creation under the thumb of the media companies. Those companies, and I can say this as I’ve worked inside two major media companies, will always focus on protecting their industry instead of creating new ones.

via A VC

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