As the Internet has expanded, it has fostered an explosive and self-generating wealth of textual, audio, visual, and multimedia resources that have made possible an exceptional rise in U.S. labor productivity.
During the 1990’s, Internet-related businesses were viewed as a way for investors to make quick profits, and millions of dollars were pumped into nascent businesses.
Digital recording has made possible much higher quality sound reproduction on much smaller and less expensive media but, at the same time, has made it easier for users to make high-quality copies of copyrighted materials, thereby cutting into sales of these materials.