Youtube's Effed up Content ID system

I think the recent changes that Youtube has created with their Content ID system may very well chase a large group of content creators and their respective fans away from the site. Hope they fix this sooner rather than later...
Here is Angry Joe's view on this...

I was just reading about this on forbes. Looks like the video game companies are backing the content creators.
http://www.forbes.com/sites/insertcoin/ ... youtubers/

Thats cool to see.

When technology works too well...

It reminds me of these stop light cameras, the fines were set based on like a 5% catch rate and when cameras jack that up to 90% people are (rightfully) outraged.

I loved this quote:

When people’s incomes are on the line, it’s serious business

I'm always amazed by the idea that people are making their living creating and posting youtube videos.