The report is a counterpoint to those crazy Hollywood stats that show that every job in America will disappear unless copyright is extended to infinity, all network connections are surveilled, and every infringer is fined her entire net worth and stuck in jail.
Industries benefiting from fair use have grown dramatically within the past 20 years, and their growth has had a profound impact on the U.S. economy.8 The development and spread of the Internet as a medium for both business and personal use has been creative and transforma- tive. The creation of new businesses (e.g., Google and Amazon) and business activities has in turn fueled demand from other sectors of the U.S. economy (e.g., fiber optics, routers and consumer electronics) and transformed a host of business processes (e.g., communications and procurement).
The advent of the Internet and networking technology also has been widely credited with reviving U.S. productivity growth after two-decades of below-trend productivity.9 As higher productivity is an important source of income to labor and capital resources, the "new economy" has helped spur overall growth and offset structural declines in other sectors of the economy.
FAIR USE IN THE U.S. ECONOMY (PDF) (Thanks, Ryan!)