Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.”
X’s current owner Elon Musk quickly replied, “I agree.”
This is going to be used corporations to take away everything from individuals who are innovating (more than they already are). Nobody will be able to build wealth off a good idea again. Which if we were in a society where wealth wasn’t required to live a good life I would be okay with, but we aren’t, so I’m not.
Maybe. That’s certainly their intent. I could also see it working the other way though. No more patent trolls or companies hoarding good ideas.
The corporations wouldn’t just hold good ideas under this proposal, they would hold every idea.
Someone innovates and makes a good product? Looks like WalMart is going to produce 100,000 units and sell them at 75% of the innovator’s price, pushing him out.
No matter what, under capitalism, money ALWAYS wins.
Yea, it is a complicated issue, but at least the current way offers the little guys some protection. I’ve posted everything I’ve ever made (not that any of it was all that impressive) freely so it doesn’t really matter to me but for some people it may.