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by supperburg 1615 days ago
People don’t get it. The sole purpose of patents and intellectual property is to give a reward function to large capital allocators. Capital is heart and sole of any society, it is what builds skyscrapers, cars, toothbrushes, shopping centers, internet backbones and everything you can think of. If that capital does not have a reward function, it will build the wrong shit. It would be like a cell making the wrong proteins — you don’t want that.

Like everything, it’s only as good as it’s implementation. I think it would be better if a patent was awarded only after a profitable demonstration was built and running maybe with a pre-patent filed beforehand. It’s insane that a guy can sit at his desk and patent things arbitrarily — how is that providing guidance to capital? And I think the patent should withstand ongoing demonstrations of actual implementation.

And also, we need to get rid of arbitrary litigation because that just makes everyone afraid of other peoples patents. It would be easy to get rid of that.