Instead, we need to recognise that the entire information sector - from music to newspapers to telecoms to internet to semiconductors and anything in-between - has become subject to a gigantic market failure in slow motion.

• 相反，我们需要认识到，整个信息产业，从音乐、报纸、电信、互联网、半导体到业内任何领域，都已逐渐受到一个巨大的市场缺陷的影响。