An economist once said that the reason talk is so cheap is because the supply generally exceeds demand. Not so with information. No matter how much is produced, people always seem to want more.
It's 12 O'Clock: Do You Know Where Your Data Are? IP Protections for Databases
An economist once said that the reason talk is so cheap is because the supply generally exceeds demand. Not so with information. No matter how much is produced, people always seem to want more. And more information means more databases, and the amount of work involved in compiling and organizing information into databases can be staggering. Yet, in many cases, anyone can copy the stored data and essentially replicate all or a portion of the database at a mere fraction of the cost of creating the database in the first place. Some have argued that this freedom to copy acts as a disincentive for anyone to organize information into databases. After all, if the creator can't expect to reap a fair economic reward for the effort expended, why bother?
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Gary S. MorrisThis premium content is locked for LawJournalNewsletters subscribers only
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