How should businesses like YouTube balance the economic costs of copyright infringement, the psychological motivations of users who share or consume free content, and the ethical responsibility to respect creators’ rights?
In your response, draw on at least two different disciplinary perspectives—for example:
Economics: Consider opportunity costs, lost revenue, incentives, and market impact.
Psychology: Consider why people rationalize downloading or sharing copyrighted content (e.g., social norms, “everyone does it,” or instant gratification).
Ethics: Consider fairness, integrity, and the Golden Rule.
Law/Business Strategy: Consider the role of regulation, risk, and partnerships.
Your task: Write a 250 word post analyzing this case from more than one perspective and propose a solution that a business like YouTube could implement to reduce piracy while still supporting creativity, innovation, and user engagement.