Fair Use is basically an exception to copyright. This video explains it well on more than one level!
Ironically - this video is not copyright infringement!
TL;DW
1) Watch it anyway
2) Copyrighted material can be used without infringement if used for Criticism, News Reporting, Teaching or Parody. It also can be used to fairly help convey a point you are making. However, these uses must not hinder the sales etc of the original content.
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