this post was submitted on 24 Oct 2024
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Technology
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Abolish patent law.
Maybe replace it with some very strict non-extensible protection, based on time since patent registration or profit made with it, maybe something else, whichever happens earlier.
Either that or get used to oligopoly in every area of economics affected by electronics and computers and even all scientific advancement.
That this takes time to happen, doesn't change the fact.
Isn't that pretty much how parents work already? They're extensible, sure, but only up to 20 years total. Not only that but you're forced to document it too.
Maybe 20 years is too long.
Certainly it could be, I would like to see some proper study done into it, but it's probably borderline impossible.
Conversely patents are somewhat unobtainable by the average Joe, I think I saw it costing somewhere in the region of 25-50k to patent something by the time you factor in the cost of a decent patent lawyer.
Maybe a 10-15 year patent period with lower barrier to entry would be a good thing.