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Online piracy for dummies (and smart people who are just catching up)

NYU professor Clay Shirky, maybe the best thinker on media and the Internet out there, appears in a TED video that's going viral, on the hot topic of online piracy.  Check it out below and you'll understand the argument against the current bills better than before.  Of course, the legislation may be pretty much dead, after Blackout Wednesday but the topic is not.