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Piracy Brings Down Economy The economy is being damaged by piracy Piracy is the unauthorized use or reproduction of copyrighted material Currently piracy is being done constantly by many people all over the world Walter Kidney These file swappers the people are downloading and trading software for their personal use through the internet by certain software programs such as KaZAa Not paying for software is hurting the business of software publishers dramatically However copyright breakers might not understand how severely they are hurting the software industry Millions of dollars are being spent on copyright protection software but they continue to break due to Hackers and they get downloaded from file swappers Business end up spending money they dont have which doesnt enable them to make new software Also since there is a lack of funds very few workers are hired therefore slowing down the production process One would not understand why people would want to hurt the economy since theyd hurt themselves in the near future With people downloading software and breaking copyright laws the software publishers are losing a great amount of money in their sales Companies end up with fewer funds to work with future software projects By this they take longer or do not have enough funds to release any new software Many people would be upset if their favorite software publisher stopped releasing new software that they were looking forward for using Some software companies are selling fewer copies of their software than how many are being used today This is figured out by calculating the amount of players on online games and how many copies are sold For example the game Quake had very few sales but it has millions of players Things like this create a huge problem which would make a huge difference if the piracy rate went down 10 percent Then the economic growth would increase about 400 billion dollars in this industry Also taxes would
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