3 ms·
While your point stands, you may be interested to know that a company actually successfully sold a patent for jpeg at some point, and made about $100M doing so.
by C4stor 8y ago
While your point stands, you may be interested to know that a company actually successfully sold a patent for jpeg at some point, and made about $100M doing so. So I wouldn't say nobody made money on jpeg !
But it's also interesting for the OP, maybe there's something patentable in there ?
- jacquesm 8y agoIf you're referring to Forgent: they were patent trolls and their patent was invalidated due to prior art. Unfortunately not before a bunch of companies paid up. Fraunhofer is a better example of an institute that made good money on tech patents with merit, as well as 3M and lots of other tech companies. But as a rule these things are hard to monetize and while I'm not happy that it will be hard to monetize the work that went into this particular project at the same time I think it is good that patents are most likely a closed avenue. Patents are - in my opinion - a net negative and the sooner they are abolished the better.