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makomk
3729 days ago
Now suppose the automation technology is thoroughly patented and the inventor effectively has a government-granted monopoly on the right to use it or anything similar to it.
2 comments
icebraining
3729 days ago
That might delay things, but (1) patents expire and (2) there are often ways around them.
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marcosdumay
3729 days ago
In this case, the inventor gets rich, and everything still gets cheaper (just not as much as in the alternative).
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