Have you heard horror stories about Sally May Blankenship who lives in Randomtown, U.S. State and got sued by the RIAA for like $17 million because she downloaded a Spice Girls album off of Shazamm? Better yet, remember SOPA, PIPA and the absurd laws being championed by Congress because they claimed piracy was costing us “$58 Billion” in lost annual income? It gets stupider: the RIAA actually claims an iPod contains $8 Billion dollars worth of intellectual property.
Just how ridiculous is that number? Rob Reid – founder of Rapsody – just gave this hilariously insightful TED Talk that reveals just how preposterous the RIAA’s claim are about piracy hurting the U.S. economy. Prepare to giggle your pants off at the RIAA and MPAA.