Analysts Paid $11 Per Hour To Stop Internet Copyright Infringement

Some computer programs such as Audible Magic (used by YouTube and MySpace), Advestigo, Gracenote, MotionDSP, Philips, and iPharro try to distinguish if the video is copyrighted by compared video fingerprints of copyrighted material with the uploaded content and checking for a match.
However, these computer programs aren’t foolproof and when a video is in the “grey area” it is hard for these programs to identify if the video is breaking any copyright laws.
A company called BayTSP has decided to go the old fashioned root and employ video analysts at $11 an hour to find illegally uploaded content.
BayTSP most important client is Viacom. Viacom pay BayTSP $100,000 every month for the service and the takedown requests have resulted in 230,000 videos being removed from YouTube for Viacom.
Is this the best way to tackle video copyright violations online?