H.R.3261 “Stop Online Piracy Act” and S.968 “PROTECT IP”, could radically change the landscape of the Internet. These bills provide overly broad mechanisms for enforcement of copyright which would restrict innovation and threaten the existence of websites with user-submitted content, such as youtube, reddit and google.
PROTECT IP / SOPA Breaks The Internet from Fight for the Future on Vimeo.
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For an easy to understand and more in-depth break down of the details and collateral damage that may come with the passage of these bills click here.