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> The market can’t seem to distinguish validity of claims I can't discern the validity of claims and wonder if we would be better if the whole system was aboli
by combatentropy 7y ago
> The market can’t seem to distinguish validity of claims
I can't discern the validity of claims and wonder if we would be better if the whole system was abolished.
Can anyone give an example of a patent that was necessary for its intended purpose? According to the U.S. Constitution, the purpose of patents was to encourage inventors to reveal their inventions (to "patent" means to "open up"). Without protection, the thinking goes, geniuses would hide their ideas or give up inventing altogether. But the whole premise is wrong in my experience.
First of all, useful advances are made by highly specialized people working on specific problems in their field. These advances are usually small and cumulative. Every "invention" depends upon a thousand preceding discoveries. Finally, whatever is found is often found independently and concurrently by others.
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https://sivers.org/multiply https://sivers.org/multiply - Ideas are just a multiplier. They're useless without execution.
https://www.everythingisaremix.info/watch-the-series https://www.everythingisaremix.info/watch-the-series - Art and science are replete with copying all over the place, by everybody. No one is exempt!
- harryh 7y agoCan anyone give an example of a patent that was necessary for its intended purpose? The entire drug development market would collapse without patents.