If the government gets it's way, there will likely be a new way they can regulate society; and that is by censoring the internet. Essentially, what this new bill, the "Stop Online Piracy Act", plans to do is blacklist websites that may post infringing links, videos, images, etc whether that be in-house or by its community. Websites like youtube, vimeo, Facebook, twitter, etc, will be among the most affect by this act because a large percentage of their content is 3rd party content. They become liable for users who post this content.
As a result of this act, you will immediately see a drop in web traffic for such sites as Facebook, twitter, youtube, vim, etc. There will also be a drastic decline in startups launching because of because of higher risks. Basically, this puts a damper on new innovation and we will see fewer video sites, social networks, hosting sites, and even personal pages!
In my opinion, I believe this act will fail hard. The internet should be free to roam for anyone who has access to it. It is free to consume at whichever volume one wants. We should be free to post links, videos, and images to any social sites to represent what we like and who we are. We should be able to express ourselves and fulfill our personal hobbies. If this act goes through, we will all become a closeted society and won't be able to consume small bits of information at ones leisure.
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