Trademarks are becoming as common as commas, yet with a far greater impact than overused punctuation. While the legal lockdown of conversational language is progressing, the copyright law and rights are being thoroughly challenged.
Chatroulette is like the Wild West of live social networking where deviant behavior becomes the unmonitored norm. Shawn Fanning's next big endeavor is a "live" social network site named Supyo -- Chatroulette done right.
What is under attack here is not The Beatles, it's the physical distribution of goods that can easily be digitized. The bank sector is in massive trouble because almost everything a bank does can be digitized.
Mr. Shirky walked the audience through multiple examples throughout history where abundance changed the societal landscape. He also emphasized how much value we can all get through greater "civic sharing."