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Creators generally want people to experience their works and investors and creators alike depend upon wide audiences of legitimate, paying consumers to support the creation and distribution of works. We have established that technology alone cannot answer the challenge of protecting works from massive unauthorized copying and distribution in the new environments. Thus, for example, consumers can now record music from CDs onto blank discs or upload it to the Internet. Other companies similarly now focus on their brand, and let technology lose out. Meanwhile, the transmission and distribution components of the grid remain incredibly complex, fragile, and vulnerable to storms and other disasters. Indeed, every consumer that is hooked up to the Internet can become an unauthorized re-publisher and syndicate works. WITH TECHNOLOGY AND THE LIMITS OF COPY PROTECTION TECHNOLOGIES A phrase, coined by Charles Clark, that has often been repeated in policy forums is that "the answer to the machine is in the machine." Indeed a variety of technical measures have been developed to assist in the protection of works. 3 The Global Business Dialogue on Electronic Commerce (GBDe) constitutes a worldwide collaboration among companies engaged in the field of electronic commerce.

And those reports got read by the pension funds, and then the pension funds, told all the telecommunications companies look, if you’re still doing stuff yourself, we’re going to stop investing in you. We have some very exciting startups that do very exciting things, but we do not have a lot of solid spin offs, where people start their own thing. And index trackers, if you look at who are the actual shareholders of big companies, they are all big pension funds, and they don’t really care. APETI - Asociación Profesional Española de Traductores e Intérpretes - Founded in 1954, APETI stands for the Spanish Professional Association of Translators and Interpreters; it is a professional body of translators and interpreters in Spain and it’s one of the first of its kind. It’s mostly pension funds. One of the real big problems here in Europe is we do not have a lot of spin offs.

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