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by squidbot 5417 days ago
This is the most sensible commentary I've seen yet. Fits the "America is pretty much screwed" articles making the rounds these days. It's actually pretty damned depressing that $20 billion dollars was spent on a legal game rather than awesome R&D.
2 comments

The money's not gone, it's mostly just transferred from one party to another -- in this case, from Google to Motorola's shareholders. Of course, many man-hours are wasted in the legal wrangles, but it certainly doesn't add up to $20 billion dollars of lost productivity.
You can say that about practically any transfer payment. The cost of a transfer payment is opportunity cost. If Google invested 20 billion dollars in R&D, we'd have 20 billion dollars of R&D done in addition to someone, somewhere, having that 20 billion dollars to spend again.
Google bought a lot more than just patents.
The worst thing is that Google is now invested in the problem by $20 billion more than it was previously. The more invested U.S. companies become in patents, the more difficult it becomes to make change.
$20 billion? Did I miss a vital piece of news?
$12.5 billions for Moto, $4.5 billions for Nortel, that's actually more like 17 billions.