International Herald Tribune writes:
From photo- and calendar-sharing services to online games, desktop movies, “citizen journalist” sites and free encyclopedias, the Internet is transforming yet again, awash in a remarkable array of peer-to-peer software systems that make it easy to share anything digital instantly.
Many Internet executives say that the abundance of user-generated content is reshaping the debate over file sharing and that it poses a new kind of threat to Hollywood, the recording industry and all purveyors of proprietary content: not piracy of their work but the presentation of a compelling alternative.
“Sharing will be everywhere,” said Jeff Weiner, a senior vice president of Yahoo in charge of the company’s search services. “It’s the next chapter of the World Wide Web.”