3 ms·
IP law in this country need to go away. It doesn't help the market as a whole, it doesn't encourage content creation it encourages legal spending and manipulati
by ashtonian 7y ago
IP law in this country need to go away. It doesn't help the market as a whole, it doesn't encourage content creation it encourages legal spending and manipulation.
You shouldn't get paid for having and idea you should get paid and be excited to create content to be first to market and have an consumer base. If somebody can come along and do it better there should be no legal barriers. The result is a highly competitive iterative market that grows exponentially and benefits the consumer. The only protections should be around branding ie you say you are who you are. Everything else can be accomplished with trade secrets. This is especially true when you consider the world is shrinking and the lvels of control are local only. So all of your competitors abroad are benefiting from it while locally we waste millions arguing in court over who is allowed to bring product to market. It creates things like the epi pen markup. There was an alternative, cheaper within a few days but they were blocked from marketing and change the applicator to avoid a broad patent on it.
Also would like to point out that there is a reason why patents and io don't exist in some of the oldest markets (food/clothing). Because otherwise there would be no industry or growth. They live on brand protection and secrets..
- dymk 7y agoOne of the strongest tools you have as an individual or small business is IP law. It means that the big incumbent that you're trying to take on can't just swoop in and copy what differentiates you from them, and eat you alive.