In all the coverage here in the UK of the British Phonographic Society, our equivalent of the RIAA, and its declared intention to prosecute a small number of big-time file-sharers, little has been written in the traditional press, or aired on traditional radio, that shows any commanding grasp of the issues and the technology involved. John Naughton, as ever, is a great exception and his Observer article (dated today) is a fine illustration of his knowledge and perspicacity:
... a UK start-up called CacheLogic has come up with technology that enables ISPs to get a detailed analysis of network traffic. Over the last six months, CacheLogic has used this technology in collaboration with a range of big ISPs, and from this has derived what it claims is the first detailed empirical analysis of contemporary net traffic.The findings are fascinating. They suggest that P2P is now the largest single generator of traffic; that it significantly outweighs web traffic; and that it continues to grow. P2P traffic volumes are at least double those of web traffic during the peak evening periods and 10 times greater at other times. The significance of this is not that the efforts of content industries to plug the dyke are doomed (though they are), but that when people look back on the evolution of the net, P2P will be seen as the biggest innovation since the web's invention in 1990.
It may come as news to the BPS and RIAA, but the sharing of music files is the least significant application of P2P. For example, Skype - the sensational internet telephony software that enables anyone with a broadband connection to make freephone calls to anyone else similarly equipped - is a P2P application. So is instant messaging, which is spreading like wildfire. So is LionShare - a project started by Penn State University to create a series of networks for sharing scholarly information among academics. And BitTorrent - the best system yet devised for distributing large files (for example new releases of operating systems) - is likewise P2P.
P2P networking technology is taking over the net for one simple and compelling reason: it makes abundant sense. There are millions of PCs connected to the net. Most of the time they are doing nothing. But they represent a massive, untapped reserve of computing power and storage resources.
P2P is a way of harnessing these resources. Of course, like every other technology from the medical syringe to the camcorder and the automobile, it has unsavoury uses. But those abuses do not provide a justification for a few threatened industries to squash the technology. There are more important things in life than the bonuses of record company executives. P2P is the future; they belong to the past.

