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The text discusses the concept of End User License Agreements (EULAs) found in software products, highlighting that many users agree to these lengthy documents without actually reading them. EULAs serve as contracts outlining prohibited actions for users rather than facilitating two-way negotiations. Initially created in the 1980s to prevent unauthorized copying, the complexity and length of EULAs have since increased significantly, making them difficult to digest for the average user. The text emphasizes the common practice of clicking "agree" despite the potential implications of these agreements.