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Joined 1 year ago
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Cake day: September 15th, 2023

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  • Sam Altman is a grifter, but on this topic he is right.

    The reality is, that IP laws in their current form hamper innovation and technological development. Stephan Kinsella has written on this topic for the past 25 years or so and has argued to reform the system.

    Here in the Netherlands, we know that it’s true. Philips became a great company because they could produce lightbulbs here, which were patented in the UK. We also had a booming margarine business, because we weren’t respecting British and French patents and that business laid the foundation for what became Unilever.

    And now China is using those exact same tactics to build up their industry. And it gives them a huge competitive advantage.

    A good reform would be to revert back to the way copyright and patent law were originally developed, with much shorter terms and requiring a significant fee for a one time extension.

    The current terms, lobbied by Disney, are way too restrictive.