[0] https://en.wikipedia.org/wiki/Directive_on_Copyright_in_the_...
I think the law is cutting way too far in one direction, but I believe this is the first time the market has an opportunity to work together to find some form of balance.
This is unsubstantiated in increasingly connected world where digital content (and rights) are structural to its operations and business. This law is far from perfect, but it’s seeking to remedy this imbalance. I agree that this could’ve done better, but we live in imperfect world with lobbing being part of the process.
So my hope and believe, one I built my company around, is that this law will allow to create balanced marketplace (similar to VISA) that allows all 3 sides (creators, platforms and rightsholders) to participate in the upside rather than focus on a zero-sum outcomes as it’s today.
I might be naive and completely wrong, but this is what I’m personally working towards.