China Piracy Cost U.S. Firms $48B in 2009

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China piracy costs U.S. firms $48 billion last year? Oh c'mon, $48 billion....that's all?

Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday.
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Not surprised for some reason, that place is a black hole for stuff to go missing anyway, after all E-waste recycling is a distant memory once it's dumped there.
 
Hmm, Chinese cost US 48 billion... how do we counter? Extort from possible priates in US! Genius!
 
pothb said:
Hmm, Chinese cost US 48 billion... how do we counter? Extort from possible priates in US! Genius!
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Nah, we don't counter it in any way except count it towards the debt we owe them.

In several years we'll have paid off our debt.
 
The report, requested last year by top Democrats and Republicans on the Senate Finance Committee, gives the Obama administration additional ammunition to press Beijing for better protections.
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That- right there. The US continues to press its agenda to make every government like ours.

"Time and time again, China has failed to protect and enforce American intellectual property rights, and it continues to discriminate unfairly against American businesses. We cannot pretend that there aren't real consequences to these violations when these numbers show that millions of American jobs are on the line," Baucus said.
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How about the US stay the fuck out of 'Intellectual Property' enforcement in other countries. Better yet, press our IP agenda upon other countries and see how far it gets. I'm thinking it gets about as far as a snowball thrown in hell.
 
Wow, $48 billion. China is like Uncle Scrooge, it has giant vaults full of American money that the Chinese leader goes swimming in. I say china needs to open one of those vaults and dip in a couple buckets and pay us that $48 billion. Of course, it won't create any more jobs than Uncle Sam printing $48 billion in his basement.
 
yes, they cost US firms billions, but they give back billions in slave labor.

why are US firms so selfish... Come on. share a little.
Last I checked, most of the US firms were making a huge profit despite the piracy.

the chinese make things for pennies, and the US sells them for 1000x markup.
if it weren't for cheap chinese-made computers and dvd players, less software and movies would be sold worldwide.
 
Wanna bet they just estimated the number of pirated downloads, and multiplied by the U.S. retail cost, completely ignoring the fact that these likely were not lost sales as they probably would not have been able to afford the material had they wanted to buy it legally?

We need to challenge these morons on the notion that a download = a cost.

A download only ever equals a cost (or better yet, lost revenue, it's never a cost) IF it leads to a lost sale. That is, someone downloads a song, a piece of software or a movie instead of buying it.

Some of these kids have tens of thousands of songs on their iPods that they downloaded, yet they have no income. At a dollar a piece, they could never have bought all of that music, and as such most of their downloads don't result in even a penny of lost revenue to the music industry.

Same goes for the teenagers that download Adobe Creative Suite Master Collection CS5.5. There is no way in hell most could have afforded the $2,600 this package costs, yet claims of lost revenue still abound.

Yes, sure, there are people that download stuff they would have bought if it weren't available pirated for free, but IMHO these are a minority of all pirates.

What adult would even own enough music to fill a 160Gb iPod if forced to pay for every song?
 
Inu said:
Because pirated digital shit = lost sale? Right...
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This is similar to music piracy.

There were no "lost sales" to the thousands of Mp3s pirated by teenagers. The teenagers wouldn't have bought them anyway if piracy wasn't an available avenue.
 
Zarathustra[H];1037270409 said:
Wanna bet they just estimated the number of pirated downloads, and multiplied by the U.S. retail cost, completely ignoring the fact that these likely were not lost sales as they probably would not have been able to afford the material had they wanted to buy it legally?

We need to challenge these morons on the notion that a download = a cost.

A download only ever equals a cost (or better yet, lost revenue, it's never a cost) IF it leads to a lost sale. That is, someone downloads a song, a piece of software or a movie instead of buying it.

Some of these kids have tens of thousands of songs on their iPods that they downloaded, yet they have no income. At a dollar a piece, they could never have bought all of that music, and as such most of their downloads don't result in even a penny of lost revenue to the music industry.

Same goes for the teenagers that download Adobe Creative Suite Master Collection CS5.5. There is no way in hell most could have afforded the $2,600 this package costs, yet claims of lost revenue still abound.

Yes, sure, there are people that download stuff they would have bought if it weren't available pirated for free, but IMHO these are a minority of all pirates.

What adult would even own enough music to fill a 160Gb iPod if forced to pay for every song?
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The unspoken fact is also that most the digital stuff out there is such shit that they don't even deserve to be purchased.

The fact that people are buying some Top 40 album that lasts about 1 hour of shitty listening because they couldn't sample the songs fully to realize how truly trashy it is - is a true rip-off of the consumer.
 
China still owns the U.S. They can do whatever the hell they want until we stop acting like dumb fucks and blowing our money on stupid shit to the point we have to beg other countries for money. Oh well...
 
MJZ said:
This is similar to music piracy.

There were no "lost sales" to the thousands of Mp3s pirated by teenagers. The teenagers wouldn't have bought them anyway if piracy wasn't an available avenue.
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It doesn't equat to a hard number either way. Piracy figures can be used as a measure of potential--if $48B (plus or minus a few hundred mil) of unlicensed software is being used, that gives a rough idea of your potential customer base. A percentage of those people *will* pay for your software if a pirated copy is unavailable, or even if it's hard to get.

If I were a company or the government I'd equate that to lost revenue, and if the numbers got big enough--and 48B is pretty big--I'd start complaining.
 
It does kind of sound like they tallied up each person in china including infants, into that magic number.
 
We could get em back by boycotting Ramen noodles... But I dont think 48B is very accurate because that is assuming had everyone paid for all that material it would be 48B. Had all those people assumed they were going to actually for for it most of them would not have even bothered in the first place, so really its a lot less.
 
thebaest said:
We could get em back by boycotting Ramen noodles... But I dont think 48B is very accurate because that is assuming had everyone paid for all that material it would be 48B. Had all those people assumed they were going to actually for for it most of them would not have even bothered in the first place, so really its a lot less.
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Ramen noodles was invented (or rather, first sold) in Taiwan when they were under Japanese rule. We can boycott chow mein though!
 
Good thing the RIAA didn't do this report. They would've said they lost 48 quadrillion dollars to China.
 
Well...they steal billions from us every year, we borrow billions from them every year. I say that we call it even.
 
So how many bill.. er trillions is lost to China every year because we want cheaply manufactured goods?
 
yea cause everyone that pirated windows 7 has 300 or so USD to buy it in china.
 
Azhar said:
Nah, we don't counter it in any way except count it towards the debt we owe them.

In several years we'll have paid off our debt.
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Hah.... if only this could be applied to them. But still, like everyone says... a pirated copy isn't a lost sale.
 
Because every single piece of pirated software or movie is a lost sale right?

I'm not trying to promote piracy but I'm sick of these companies just assuming that they were ALL lost sales.
 
This is on the level of the government wanting to raise taxes because it will be a "cut in spending".

They didn't freaking own the money in the first place, so how could it have "COST" them anything???????????????

The freaking anti-pirating (long string of expletives that would get me banned for life) need to (another long string of expletives).....

Them and most of the politicians are cut from the same (third long stering of expletives) and just need to go form their own little special happy place on an island far far away where they can all "live in harmony" will all their (last string of expletives).
 
$48 billion huh? How much did they claim on their taxes for those losses that year? I'm sure the IRS would totally agree with that figure.
 
Blaming China again. Reminds me of Stuxnet. Remember that bullshit story? Who created it btw? According to US - Some chinese hacker created a worm containing 4 Zero day exploits with signed Realtek driver certificates and targets industrial systems that use Siemens C7 which is normally found in Nuclear powerplants.

Looool I smell bullshit
 
at least take a little of the top of the debt owed to that country.
 
This is is less than the music industry right? They've lost trillions due to piracy right?
 
lets be serious as if the chinese would have the money to buy the originals in the first place...
 
The global earnings of the worldwide film industry was estimated to be $87b. But somehow, the US lost $48b....(almost the entire film industry's revenue 10 years ago), which has since doubled...

So... The film industry's revenues have doubled since the 90's, yet piracy is "getting worse". Maybe we need more piracy?

...oh the music industry is making more money now than ever before too. Strangely, the only thing thats declined in the last ten years (ticket revenue, movie sales are all up) are the number of movies/artists being made/promoted...
 
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