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by NormM 5377 days ago
I agree their economic value is probably negative, but because of the broken patent laws companies currently need them. Since companies like Google and Apple have recently spent billions of dollars to buy relatively small collections of patents, the entire existing pool would probably cost a few trillion to buy. It's really not a good idea to make laws that cause companies to spend this much money, and then declare their value to be zero. It's also probably not legal.