> You still need patents. Healthcare is an obvious example, if we eliminated patents we'd have 0 new drugs pass FDA approval over the next decade. That's only

> You still need patents. Healthcare is an obvious example, if we eliminated patents we'd have 0 new drugs pass FDA approval over the next decade. That's only if you look at how the system is today and evaluate as it is today. Software mostly doesn't have patents: theres no patent to an uber, to a paypal, to an amazon. You would have a different business model to fund medical innovation, for example, advance payments from prospective patients.