4 ms·

The problem is that as it stands now, someone like Intellectual Ventures will have a patent like "cooling metal with water", and either force him to sell for a

The problem is that as it stands now, someone like Intellectual Ventures will have a patent like "cooling metal with water", and either force him to sell for a few hundred bucks or just interfere with anyone else who actually tries to do this. It'll be 20 years before anyone figures out a way through all of the legal mess and starts production. Even then, it will cost more, not less thanks to this.

hugh3 15y ago
Well no, because nobody does or legally could possibly have a patent on cooling metal with water. So I'm not sure what your point is. It strikes me that many of the folks who most stridently object to patent law don't actually know much about it.
- noonespecial 15y ago
  It's an example. And hyperboly at that. But you'd be surprised (at least I am) at the patents that are granted that really shouldn't be, but once they are have nearly magical powers given to them by existing laws to resist being overturned. The point was that it's possible to have an extremely stupid patent that really shouldn't have been legal or possible get granted anyway and cause big problems to small guys like this. He's got a great idea but not much money or clout. The patent system will almost certainly do him more harm than good. It strikes me that many of the folks who defend patent law as it stands now most stridently are largely oblivious to the innovation that is being stifled by it's operation.
  - politician 15y ago
    It's worthwhile to point out that he's producing this steel through his own venture where the process "is run at his proprietary lab setup at SFP Works, LLC., in Detroit." Perhaps you and he share the same view of the value of patent protection. Certainly, I'd be concerned about the appropriation of this technology by foreign countries with less respect for US intellectual property protections. (http://www.gizmag.com/stronger-steel-in-a-flash/18882/ http://www.gizmag.com/stronger-steel-in-a-flash/18882/)
- cromulent 15y ago
  I don't know much about patent law. However, when I search for "cooling metal with water" on Google Patents, I get over 27000 hits. So, the concern is there that maybe someone does. http://www.google.com/search?q=cooling+steel+with+water&btnG=Search+Patents&tbm=pts&tbo=1&hl=en#sclient=psy&hl=en&tbo=1&tbm=pts&source=hp&q=cooling+metal+with+water&aq=f&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=e556f518678454f1&biw=1268&bih=768 http://www.google.com/search?q=cooling+steel+with+water&...
rprasad 15y ago
In the real world, patent trolls are an insignificant minority of patent holders. Patents are either left fallow (b/c the invention has no practical commercial use), or licensed out. The easiest way to "figure out a way through all of the legal mess" is to simply license the patent. Indeed, there is no legal mess unless you're trying to get around the patent. Patent licensing is not a zero-sum game. A patent holder will not demand unreasonable royalties. 0.1% of something is better than 1000% of $0.

hugh3 15y ago

Well no, because nobody does or legally could possibly have a patent on cooling metal with water. So I'm not sure what your point is. It strikes me that many of the folks who most stridently object to patent law don't actually know much about it.

noonespecial 15y ago
It's an example. And hyperboly at that. But you'd be surprised (at least I am) at the patents that are granted that really shouldn't be, but once they are have nearly magical powers given to them by existing laws to resist being overturned. The point was that it's possible to have an extremely stupid patent that really shouldn't have been legal or possible get granted anyway and cause big problems to small guys like this. He's got a great idea but not much money or clout. The patent system will almost certainly do him more harm than good. It strikes me that many of the folks who defend patent law as it stands now most stridently are largely oblivious to the innovation that is being stifled by it's operation.
- politician 15y ago
  It's worthwhile to point out that he's producing this steel through his own venture where the process "is run at his proprietary lab setup at SFP Works, LLC., in Detroit." Perhaps you and he share the same view of the value of patent protection. Certainly, I'd be concerned about the appropriation of this technology by foreign countries with less respect for US intellectual property protections. (http://www.gizmag.com/stronger-steel-in-a-flash/18882/ http://www.gizmag.com/stronger-steel-in-a-flash/18882/)
cromulent 15y ago
I don't know much about patent law. However, when I search for "cooling metal with water" on Google Patents, I get over 27000 hits. So, the concern is there that maybe someone does. http://www.google.com/search?q=cooling+steel+with+water&btnG=Search+Patents&tbm=pts&tbo=1&hl=en#sclient=psy&hl=en&tbo=1&tbm=pts&source=hp&q=cooling+metal+with+water&aq=f&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=e556f518678454f1&biw=1268&bih=768 http://www.google.com/search?q=cooling+steel+with+water&...

rprasad 15y ago

In the real world, patent trolls are an insignificant minority of patent holders. Patents are either left fallow (b/c the invention has no practical commercial use), or licensed out. The easiest way to "figure out a way through all of the legal mess" is to simply license the patent. Indeed, there is no legal mess unless you're trying to get around the patent. Patent licensing is not a zero-sum game. A patent holder will not demand unreasonable royalties. 0.1% of something is better than 1000% of $0.