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I want to preface the statement I am about to make with another statement first: The basic economic theory, if anyone needs a refresher, is that by letting peop
by tjpaudio 7y ago
I want to preface the statement I am about to make with another statement first: The basic economic theory, if anyone needs a refresher, is that by letting people have a temporary monopoly over an invention, they will be more-so incentivized to pour money into the development of inventions than they otherwise would. The US has historically been the most stringent protector of intellectual property, we have a vastly outsized technology and research sector versus the rest of the world, and most people in this country believe those two things are causally related. I do not believe in that causal relationship as there is plenty of evidence that it is overblown or non-existent. E.g., I believe our outsized technology sector thrives in spite of, not because of, our stringent ip laws.
Now then, onto China stealing tech. This is absolutely happening. They have some of the weakest IP protection in the world. They don't just steal from us, businesses in China also steal from other businesses in China. They steal from everyone. It's in the open. It's not a smear campaign, it's an entirely different cultural and governmental take on how IP rights should be enforced, if at all.
There is no conspiracy here. These are directly two very different views on how IP should be handled.
- sneak 7y agoI don’t think differing views on IP is the root cause here. It seems to me like it’s a convenient cover story, because shaping public opinion so starkly doesn’t help the battle over IP.