The problem here is that copyright protections are too strong, and the companies who based their business models on it have too much power.
This proposal does not address any of that, this proposal is a symptom of the problem. If we want the symptom to go away, we need to address the real problem.
Of course to the copyright companies, there's not really a problem, they just see people share stuff online that they believe they should be making money on. The problem is that they can't reasonably do that, so they try to do it unreasonably through this proposal. The "problem" they want to address is not really a problem; copyright companies are healthy and powerful and raking in plenty of money. They just want more of it. They see it as a problem that people are creating new content online, some of which is derivative of their content, and they want to stop it. What they see as a problem, most people see as a good thing. That's the fundamental problem here. Giving them what they want is not going to fix anything for us.
Also, by extending the time for copyrights again and again, they're eliminating the possibility of adaptation and remixing, which can fuel creativity and more the culture forward.
This proposal does not address any of that, this proposal is a symptom of the problem. If we want the symptom to go away, we need to address the real problem.
Of course to the copyright companies, there's not really a problem, they just see people share stuff online that they believe they should be making money on. The problem is that they can't reasonably do that, so they try to do it unreasonably through this proposal. The "problem" they want to address is not really a problem; copyright companies are healthy and powerful and raking in plenty of money. They just want more of it. They see it as a problem that people are creating new content online, some of which is derivative of their content, and they want to stop it. What they see as a problem, most people see as a good thing. That's the fundamental problem here. Giving them what they want is not going to fix anything for us.