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this post was submitted on 23 Oct 2024
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Tech patents are ridiculous. Let's end them or reduce them to 1-3 years with no renewal. Then all that's left is the specific copyright to the technology, not lingering webs of patents that don't make any sense anyway to anyone with detailed knowledge of the tech. All they're good for is big companies using legal methods to stop innovation and competition. Tech moves too fast for long patents and is too complex for patent examiners or courts to understand what is really patentable. So it comes down to who has the most money for lawyers.
Yeah, but another big issue is that big companies can afford to bribe or buy out the patent holders in the first place. Ideally, the patent holders would benefit the most from everyone making their tech, but instead they benefit the most from one company being the exclusive manufacturer and highest bidder.
The act of an agreement asking a patent holder not to sell to other manufacturers in itself should be illegal.
Yeah, making patents nontransferable would solve that. Ultimately, getting rid of most would be good, but if we have to keep them, then they should be dissolved if a company fails or is bought out because obviously the patent itself wasn't enough to make a product that was viable. So everyone should get the chance to use the patent. The whole purpose of a patent vs keeping tech proprietary until the product is released was to benefit society once the patent expires. Otherwise, it makes more sense for companies to keep inventions secret if they aren't just stockpiling them like they do now.