"Giving a recent TED Talk, author Rob Reid, creator of the online music subscription service Rhapsody, illustrated for the audience exactly why so-called "copyright math" is almost completely bogus.

"Copyright math" is a term used for the extrapolations published by groups like the Motion Picture Association of America (MPAA), or the Recording Industry Association of America (RIAA), which lobby Washington for tougher laws on copyright infringement by claiming exorbitant financial and job losses due to online piracy.

Of course, it's hard to claim those losses when so many executives are seeing their largest salaries ever, with box office profits continually spiraling higher."

Rob Reid: The $8 billion iPod