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It's not internet serious business.
It's just that the legal system will have to adept to deal with issues of theft in the digital age when many products are only available in digital versions.
Shoplifting and other types of traditional theft will no longer be possible when a movie, album or book is only availble as a digital download.
People keep wanting to threaten that resisting such stuff will lead to the end of intellectual property etc. That will never happen as then talented authors, movie directors, musicians etc. would quit putting out new products. Musicians will just say screw albums and make their money touring (where they already get most of their income), directors will go back to theater and plays/musicals that can only be seen in person. Authors have less options of course, but you'd probably see people make enough to retire and quit writing.
As lets face it, people are in it for the money. Now as in any era before or in the future anyone can create something and give it away for free. But not many do long term, as soon as they can sign a contract and get paid for their efforts they jump at it.
People want to get paid for their work and don't want people enjoying it for free--else they'd never sign a contract with a publisher, record label or movie studio and would just distribute their work freely locally or an any of the tons of free web hosting services, face book etc.
Laws will adapt, we'll figure out ways to protect peoples digital products and consumers will adapt as well over time. It will be a long and slow process, but by the time our lifetimes are over we'll have shifted to 100% digital content in many areas, have standard penalties most have excepted for distributing or obtaining digital content illegal, and life will go on.
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