And the other thing that has really for
a lot of people made copyright a lot of fun and.
>> [LAUGH] >> But also very difficult today is that
it's no longer all about text or analog materials.
There's so much digital expression today and
that has really changed the way we think.
And formulate copyright laws.
>> As we go along through this series of lectures we'll talk about images, music.
I don't remember if we talk any about buildings, but we could.
>> Mm-hm. >> There's all kinds of material.
And as you it say, it makes copyright a lot of fun,
because we get to deal with really creative stuff.
But it also has made the world more complicated for us.
>> Right, yeah.
>> But for now, let's remember that copyright is a monopoly.
That was created by law, that gives authors and
creators a set of exclusive rights in the things that they create.
This monopoly functions just like all other monopolies do.
It allows prices to rise above what they would normally be.
In the case of copyright, this is intentional and
it's supposed to create an incentive that keeps writers writing, and
artists painting, film makers filming and musicians.
Doing whatever it is musicians do, play.
[LAUGH] In our next lecture, we'll discuss the history of copyright.
And you'll be able to see, we hope, that the state created monopoly and
its incentive purpose have developed over time.
We'll look forward to talking to you again.