261–270 of 426 posts
Earlier quoted context omitted.
I offer one more alternative. Double the tax every year, and once the ip holder decides not to pay the tax, IP is released to public domain. No compnay has money to keep IP indefinitely in such a scheme.
I would suggest only for corporations above a certain size. I would appreciate if some old music composer somewhere gets to continue being old and stuff without worrying about this sort of thing.
Earlier quoted context omitted.
I offer as an alternative: IP is property, and it's taxed at the value you declare that it's worth. However, if you swear to the IRS that it's worth $500/yr, then you can't claim in court that a violation of it is costing you $10,000,000/yr in losses. That would be perjury. Your patent is worth $10,000,000? Awesome! I bet your local school district will love to hear how much you'll be paying in taxes on it.
I offer one more alternative. Double the tax every year, and once the ip holder decides not to pay the tax, IP is released to public domain. No compnay has money to keep IP indefinitely in such a scheme.
Congratulations on the massive net loss in taxable income in your country.
EDIT: Removed some mean words.
Earlier quoted context omitted.
Edit: Removed a bone-headed hypothetical.
> My understanding is a patent holder must defend their rights, if they are aware of the infringement, at the peril of losing them. Pretty sure that's just for trademarks.
At the end of the day, this is a deep legislation issue, patents should not exist at all. They are supposed to promote innovation, in practice, it's more about protecting guys who sitting and waiting for passive cash. Once we give exclusive rights to all AI stuff to Nvidia, is the world going to be a better place ? What would be with ChatGPT if Google actually had enforced (or enforces) patents on Transformers. Is th…
So you spend billions($2.5 billion being average) inventing a new drug and anyone should be allowed to copy and sell it? That would foster innovation and not kill pharmaceutical market?
Earlier quoted context omitted.
law of unintended consequences the moment you put an expiration date on patents due to lack of use, watch moneyed competitors sitting around waiting for your patent to expire instead of using yours to bring it to market
You mean it would bring the price of licensing the patent down? I don't see the downside.
What is at the core of this need to steal other people's ideas? HN is supposed to respect the rule of law and western respect for innovation and collecting the fruits of your labor.
If someone won't give you a decent price, reverse engineer their work and come up with a creative alternative.
I'm not arguing that its OK to patent code or abstract ideas that are the basis for BS "catch all" patent infringement lawsuits or amazon 1-click buy nonsense. I'm talking is about real inventions. Television, radio, wheeled luggage, etc.
I also think that code should be copyrighted, but cannot be patented.
Earlier quoted context omitted.
law of unintended consequences the moment you put an expiration date on patents due to lack of use, watch moneyed competitors sitting around waiting for your patent to expire instead of using yours to bring it to market
then you shouldn’t form the patent then as you would still just be increasing costs for the industry by existing and delaying things you could have just written about it on your blog and been the same place and been a net positive for society
I'm talking is about real inventions. Television, radio, wheeled luggage, etc.
I also think that code should be copyrighted, not patented.
Patents use to mean something else, and I can see we are talking about different things.
Earlier quoted context omitted.
I offer one more alternative. Double the tax every year, and once the ip holder decides not to pay the tax, IP is released to public domain. No compnay has money to keep IP indefinitely in such a scheme.
What do you think will happen if IP becomes impossible to afford, as it surely will under such a policy? Do you think companies that value IP will bother investing further in R&D, let alone even stay in your country? Congratulations on the massive net loss in taxable income in your country. EDIT: Removed some mean words.
Earlier quoted context omitted.
I offer as an alternative: IP is property, and it's taxed at the value you declare that it's worth. However, if you swear to the IRS that it's worth $500/yr, then you can't claim in court that a violation of it is costing you $10,000,000/yr in losses. That would be perjury. Your patent is worth $10,000,000? Awesome! I bet your local school district will love to hear how much you'll be paying in taxes on it.
Something I've wondered about - you specify a value and pay a tax accordingly. Anyone is then able to buy it from you for that price. Have some short term part for free, then fees scale over time.