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Reading the comments so far, I think it's not widely known that an exclusivity period is a fairly common practice in many industries. For example, a large elec
by marmetio 4y ago
Reading the comments so far, I think it's not widely known that an exclusivity period is a fairly common practice in many industries.
For example, a large electronics device company might want a new chip that doesn't exist yet. So they go to a chip company, and get quoted an insane amount of money. To bring the price down, they agree to allow the chip to be sold to the public, but only after an exclusivity period of one year.
This is a good arrangement. Everyone benefits from greater economies of scale, and we get new chips that wouldn't have otherwise existed.
I think the article raises some good points. For sure, it's a paradigm change for the field. People will have to work differently and think differently about funding and risk. It can be difficult to predict what will happen in the long run, so it's worth thinking about.
Personally, I don't get why they're doing this. If everyone is delayed by one year, then no one is delayed relative to each other. This change seems likely to reduce the quality of work life, possible to change the quality of work, and unclear if it will be an overall benefit.