Summary of Lessons from Fashion’s Free Culture
Stealing, borrowing, copying, mixing are helping rather than harming the fashion industry.
Since digitization began facilitating copying and sharing, the media industry has been desperately trying to defend intellectual property via copyrights. Arguably, it is fighting a losing battle. In response, Johanna Blakley, deputy director of a media-focused think tank, introduces an industry that is thriving on imitation: fashion. Her TED Talk is impelling and entertaining, but one graph in particular draws her audience’s attention. The chart (at 12:23) shows the enormous profits of the industries without copyright protection and the meager profits of the industries with this protection. getAbstract recommends this talk to those eager to learn how imitation can produce innovation.
In this summary, you will learn
- How the fashion industry benefits from the lack of copyright protection
- Why imitation can beget innovation
- What other industries could learn from the fashion industry
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