July 11, 2009

EU Telecom Commissioner Reding: "Failed business model is causing online piracy"

economic egoism gerd leonhardImage by gleonhard via Flickr

EUobserver / Brussels claims failed business model is causing online piracy. Read & smile:

 "It is in this new generation that there is real growth potential for Europe," says Ms Reding, describing the age group as "digital natives." The commission believes that as these individuals grow older and their purchasing power increases, greater internet use has the potential to create around one million jobs in Europe and generate €850 billion in economic activity. The claim is supported by a recent World Bank study that estimates every 10 percent of additional broadband penetration yields 1.3 percent in economic growth"

Nice to hear that.

Piracy is result of failed business model (Vivan Reding)
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Jul 11, 2009 4:13:39 PM | Bottom Lines, Europe, Telecom2.0

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Gerd Leonhard

Keynote Speaker, Think-Tank Leader, Futurist, Author & Strategist, Idea Curator, some say Iconoclast | Heretic, CEO TheFuturesAgency, Visiting Prof FDC Brazil, Green Futurist

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