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Patents are a distraction tactic, including this move by the US. The real power that corporations exert today comes from trade secrets (laws/system): > Hiding
by beckman466 5y ago
Patents are a distraction tactic, including this move by the US. The real power that corporations exert today comes from trade secrets (laws/system):
> Hiding inventions as trade secrets acts to protect these huge multinational corporations [...] This is the reason that huge multinationals lobby so hard for strong trade secret laws and weak patent laws. This is clearly shown in Musk’s low valuation of his patents and high valuation of trade secrets.
> Trade secret protection for inventions that could otherwise be patented is bad public policy because it stifles the progress of innovation [as the knowledge does not end up in the public domain as happens when patent claims expire] and it consolidates money, markets and power into a few huge corporations [...]
The author in this article goes into more detail on the pattern (and history) of human discovery and scientific breakthroughs by using some great examples like the development of the sewing machine, as well as Musk’s purchase of the trade secrets of Maxwell Technologies.
Source: https://www.ipwatchdog.com/2019/02/19/dont-fooled-patent-purge-elon-musk-just-another-hypocritical-tech-billionaire/ https://www.ipwatchdog.com/2019/02/19/dont-fooled-patent-pur...