P2P stand for peer to peer. This means that people upload content to share with other people. This could mean anything from entertainment, music, songs, books, and movies. File sharing is often known as the ability to interchange files from one person to another over the network or the internet. P2P file sharing is a little different because instead of one person directly sending it to another user, users upload their files onto the web and then other users can freely scour the network and pick and choose what they want instead of waiting or asking people directly. P2P lending is becoming a huge thing within the tech world. Google invested $125 million in Lending Club in 2013 (NPR) It's a new way of sharing. The CEO has quoted that "Last year we facilitated about $800 million in loans and we are planning on $2 billion this year" (NPR) With the way that business is done, the investors still make a profit while keeping the costs low for consumers. Another example of a P2P site would be Bittorrent. Bram Cohen, the creator, wanted a free source that people can visit and download content that is needed. He makes a comfortable enough living off of donations that is able to support himself and his family (Wired) Of course the government and industries involved are wary and even actively fight against P2P. An example of this would be Warner Brothers trying to combat illegal copies of The Dark Night movie. It of course failed as over 7 million people illegally downloaded the movie. (NYTimes) Many people do say instead of combating it, they should somehow learn to embrace it and work with the changing culture instead of trying to eliminate it.
Kaufman, Wendy. "Peers Find Less Pressure Borrowing From Each Other." NPR. NPR, 10 May 2013. Web. 26 Apr. 2017.
Thompson, Clive. "The BitTorrent Effect." Wired. Conde Nast, 01 Jan. 2005. Web. 26 Apr. 2017.
Stelter, Brian and Stone, Brad. "Digital Pirates Winning Battle With Studios" NYTimes, 4 Feb 20019. Wed. 26 Apr. 2017.
It definitely is surprising that after all these years, P2P sites are still running. I thought that somehow they would be stopped by this point, with all the copyright and piracy issues that they bring forward. However, you do bring up an interesting point. Maybe it has come the time to accept and embrace this source. It does, though, question the impact on the incentives of artists, actors, and producers. Nice Post!
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