IP is creating more assets. Its designed for the benefit of the asset class. You'll notice how with IP becoming less powerful with open source software etc, the

IP is creating more assets. Its designed for the benefit of the asset class. You'll notice how with IP becoming less powerful with open source software etc, there came the rise of SaaS or Software as a Service. The truth is that strong IP, and strong property rights in general, are part of a system where one profits via the ownership of things as opposed to goods and services provided. That's why the asset class needed to push so hard for it. Otherwise, they all might have to go back to working as their assets will no longer be able to do the work for them, so to speak. So I wouldn't say that what IP is "attempting to accomplish" is to create invention. Its likely a lot closer to incentivising and further increasing the control the asset class has on our society. We can decide how to support and fund invention in many, many ways. IP is just there because we have decided its the asset class's decision. And the asset class would never invest in anything that did not return more assets. So if we want to keep the system of asset class control over our society, we needed to come up with something that gave the asset class more assets for technological innovation, otherwise they'd probably just run up the price of real estate and natural resources to an unsustainable point.