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by bitL 2905 days ago
Look at what is happening with Gibson (sellers of CakeWalk, Oberheim etc.), how many bankruptcies/forced mergers happened in that space recently; now imagine getting a perfect clone maker to the mix, selling "legends" for cheap that might be good enough for 90% of users; the original idea people won't have any funding coming from their older works, some of them might risk it for some new idea that if not received well bankrupts them personally and they indeed end up on the street. It's happening all the time, we just don't like to hear about it.
1 comments

Didn't Gibson profited enough from their acquired IP? Surely they have to compete at some point and not just own idea forever doing nothing but moving shareholders property. Most importantly, engineers and idea-makers behind original solution made more than enough profit since CakeWalk and Oberheim were produced. Poor Gibson can't buy right IP at the right time so they can do nothing and not make anything new - who cares.

>some of them might risk it for some new idea that if not received well bankrupts them personally

Owning IP exclusively forever doesn't change this at all. If IP is good then you can defend it for a some time to make profit on edge.

>It's happening all the time

Not with synthesizers/software/ee developers because of IP expiring too soon.

>now imagine getting a perfect clone maker to the mix, selling "legends" for cheap that might be good enough for 90% of users;

Imagine what all these people could do now! They could produce new innovative things.

Imagine Gibson was shit and would make shit new software that would cost as much as possible and own IP forever. That's easy to imagine because IP rights holders pushing hard for this change. That's sucks for everyone but Gibson since they get $ doing nothing. They cn also easily fire anyone involved in this innovation and prevent them from working with anything similar.