2 ms·

Ideally people are researching and innovating because it's something they're passionate about and not doing it purely for financial gain. I also believe we'll

by loceng 6y ago

Ideally people are researching and innovating because it's something they're passionate about and not doing it purely for financial gain. I also believe we'll have a better funding model than what financial-VC industrial complex has provided us/allowed, crowdfunding of sorts. I'd also like to ask: isn't that already a problem? How many independent battery tech companies are there, and how many have scaled? Also, maybe different technologies have different rates of patent cost increase - so that way the more expensive to get going sectors for technology dev have a longer runway or grace period. There are lots of ways to make things flexible. Andrew Yang also suggested making government rewards for technology development, so instead of a patent for some type of technology you get say $10,000,000 - or maybe even $1 billion if your tech meets whatever benchmarks spec'd.

chongli 6y ago
Ideally people are researching and innovating because it's something they're passionate about and not doing it purely for financial gain. If that's your position then why not abolish patents? I'm a lot more in favour of that. Personally, I think the patent system discourages innovation and encourages rent-seeking. Andrew Yang also suggested making government rewards for technology development, so instead of a patent for some type of technology you get say $10,000,000 - or maybe even $1 billion if your tech meets whatever benchmarks spec'd. I like this idea at an instinctual level but I worry that it would be open to abuse. Perhaps the abuse of a system like that would be less bad than the patent system we have right now but that remains to be seen. I do know that a lot of people would be generally opposed to it on principle. They would see it as an undeserved handout.

2 ms·

Ideally people are researching and innovating because it's something they're passionate about and not doing it purely for financial gain. I also believe we'll

by loceng 6y ago

chongli 6y ago
Ideally people are researching and innovating because it's something they're passionate about and not doing it purely for financial gain. If that's your position then why not abolish patents? I'm a lot more in favour of that. Personally, I think the patent system discourages innovation and encourages rent-seeking. Andrew Yang also suggested making government rewards for technology development, so instead of a patent for some type of technology you get say $10,000,000 - or maybe even $1 billion if your tech meets whatever benchmarks spec'd. I like this idea at an instinctual level but I worry that it would be open to abuse. Perhaps the abuse of a system like that would be less bad than the patent system we have right now but that remains to be seen. I do know that a lot of people would be generally opposed to it on principle. They would see it as an undeserved handout.