Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!yale!cmcl2!kramden.acf.nyu.edu!brnstnd From: brnstnd@kramden.acf.nyu.edu (Dan Bernstein) Newsgroups: comp.org.eff.talk Subject: Re: How much is information really worth? Message-ID: <29892:Sep1300:33:5290@kramden.acf.nyu.edu> Date: 13 Sep 90 00:33:52 GMT References: <1990Sep10.095011@bert.llnl.gov> Organization: IR Lines: 14 In article <1990Sep10.095011@bert.llnl.gov> howell@bert.llnl.gov (Louis Howell) writes: > For an item that is on the market, even valuing the information at > market value may not be appropriate. To be specific, suppose some > software company spends about $100,000 to write a great C compiler. > They put it on the market for $1000, and it sells. Now suppose some > high school hacker manages to snarf a copy of this compiler for his > own personal use. He gets caught, and is charged with stealing it. No. He hasn't stolen anything; he's only broken copyright law. Assuming the company has registered the copyright, that's $50,000. Our society values information quite highly. ---Dan