This is the best summary of the concept of user generated content. The fact that one-way medias are no longer the strong-hold of the media industry. Content is generated in our own backyards, in our own homes, and available on a stage larger than any ever seen in the history of our world.
The fact that everyone can create content from any source, be it one’s own or not, is the single most important reason to change copyright law. A new world is dawning. We need a new world order! The user generated world order.
Internet is AWESOME.