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"It’s producing a regular stream of patent applications for augmented reality glasses technology, which everyone seems to agree is going to be important at some
by mrsmee89 9y ago
"It’s producing a regular stream of patent applications for augmented reality glasses technology, which everyone seems to agree is going to be important at some point".
If they own the patents that ar companies must use and ar is "the next big thing", maybe that's why people keep giving them money. They don't really have to produce anything more.
- octaveguin 9y agoIf true, that's incredibly depressing. Magic Leap would become the complete rent seeking lead weight to the next platform revolution.
- dandare 9y agoExactly. Let's not forget that "Google bought Motorola for $12.5B, sold it for $2.9B, and called the deal ‘a success’", purely for Motorola's patent portfolio.