As MTP readers will recall, I prefer to think of Big Tech’s various safe harbors like the CDA, DMCA and now the MMA as an income transfer. It’s not that the money isn’t getting made, it’s just not getting made by the people who created the value.
For example, when Google profits from selling ads against infringing videos, that money doesn’t disappear, it just doesn’t go to the artist. So where does it go?
Well…according to a recent article in Modern Luxury “Men of Style,” it appears to go into Michael Beckerman’s shoes. Michael Beckerman is the CEO of the Internet Association, Google’s main lobbying shillery in DC and long time revolving door man. (Picture below with floral decoration courtesy of Wednesday Addams.)
That’s right–$4,950 shoes. But no socks. (Or 6,689,189 YouTube streams.) Now that’s what I call an income transfer. Looks like DMCA safe harbor on his feet, CDA for his watch–what will he buy himself as a reward for the MMA reachback? Maybe a little poker in Vegas with his buddies?