The more nuanced take is that different IP and employment laws benefit different industries. Software benefits from no patents, limited-term copyrights, no NDA

The more nuanced take is that different IP and employment laws benefit different industries. Software benefits from no patents, limited-term copyrights, no NDAs, no non-competes, due to low cost-of-entry. Innovation is cheap but hard. Pharma benefits from strong IP, NDAs, non-competes, etc. due to high capital investment levels. Innovation is easy but expensive. Hardware varies.