The book “against intellectual monopoly” has shaped a lot of my thinking on this topic - economists have looked at the various occasions in which patents were introduced into an industry (or extended in scope), and there is no evidence they actually improve innovation/efficiency/outcomes (including the pharma industry!). I was quite surprised as my whole life, it was sold to me as an incentive-boosting measure which…
AI can't be listed as inventor on patent applications, Japan's top court rules
121–130 of 219 posts
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#122Earlier quoted context omitted.
If an invention was trivial enough to be invented by AI then why should we allow that action to be patented? The expenditure of labor to research that invention was minimal and definitionally not novel.
I wasn’t arguing for AI inventions to be patentable, I was arguing against the argument presented above, which to me doesn’t make sense as an argument. I’m very much for not allowing trivial patents, but that’s independent from whether the invention was made by AI or by a human. The nature of the inventor should be immaterial for assessing the (non-)triviality of an invention.
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#123Earlier quoted context omitted.
You spend billions to get a drug from concept to approval - and then once you've invested all that money, someone else can just sell it too, free loading on all the studies you ran? Why would anyone invest in drug studies? I need a bit more depth and detail to believe that this doesn't destroy the pharma industry. What would the empirical evidence even look like? It's not like the modern pharma industry existed befor…
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Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#124Earlier quoted context omitted.
You spend billions to get a drug from concept to approval - and then once you've invested all that money, someone else can just sell it too, free loading on all the studies you ran? Why would anyone invest in drug studies? I need a bit more depth and detail to believe that this doesn't destroy the pharma industry. What would the empirical evidence even look like? It's not like the modern pharma industry existed befor…
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Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#125The book “against intellectual monopoly” has shaped a lot of my thinking on this topic - economists have looked at the various occasions in which patents were introduced into an industry (or extended in scope), and there is no evidence they actually improve innovation/efficiency/outcomes (including the pharma industry!). I was quite surprised as my whole life, it was sold to me as an incentive-boosting measure which…
You spend billions to get a drug from concept to approval - and then once you've invested all that money, someone else can just sell it too, free loading on all the studies you ran? Why would anyone invest in drug studies? I need a bit more depth and detail to believe that this doesn't destroy the pharma industry. What would the empirical evidence even look like? It's not like the modern pharma industry existed befor…
To make a shit ton of money. These things are insanely profitable. Generics exist and they're still profitable. You can get 99% of drugs from over seas and they're still profitable. These companies make trillions of dollars over the years. Yes, they might make slightly less money, but they still would be making a shit ton of money.
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#126The book “against intellectual monopoly” has shaped a lot of my thinking on this topic - economists have looked at the various occasions in which patents were introduced into an industry (or extended in scope), and there is no evidence they actually improve innovation/efficiency/outcomes (including the pharma industry!). I was quite surprised as my whole life, it was sold to me as an incentive-boosting measure which…
You spend billions to get a drug from concept to approval - and then once you've invested all that money, someone else can just sell it too, free loading on all the studies you ran? Why would anyone invest in drug studies? I need a bit more depth and detail to believe that this doesn't destroy the pharma industry. What would the empirical evidence even look like? It's not like the modern pharma industry existed befor…
The you being taxpayers, right?
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#127Earlier quoted context omitted.
You spend billions to get a drug from concept to approval - and then once you've invested all that money, someone else can just sell it too, free loading on all the studies you ran? Why would anyone invest in drug studies? I need a bit more depth and detail to believe that this doesn't destroy the pharma industry. What would the empirical evidence even look like? It's not like the modern pharma industry existed befor…
> You spend billions The you being taxpayers, right?
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#128The book “against intellectual monopoly” has shaped a lot of my thinking on this topic - economists have looked at the various occasions in which patents were introduced into an industry (or extended in scope), and there is no evidence they actually improve innovation/efficiency/outcomes (including the pharma industry!). I was quite surprised as my whole life, it was sold to me as an incentive-boosting measure which…
You spend billions to get a drug from concept to approval - and then once you've invested all that money, someone else can just sell it too, free loading on all the studies you ran? Why would anyone invest in drug studies? I need a bit more depth and detail to believe that this doesn't destroy the pharma industry. What would the empirical evidence even look like? It's not like the modern pharma industry existed befor…
I would flag that we’re getting into “prove a negative” territory here: the goalpost is that we need to prove empirically that patents achieve the desired outcome. If the scenario you describe accounts for all game-theory/incentive/complex-adaptive-system universes, we should see this reflected in the data.
When it comes to pharmaceuticals, they looked into Italy and Switzerland who switched to a patent system in 1978 (and I believe Portugal in the 1990s). They looked at the growth curves of things like # of inventions, total factor productivity, percentage R&D spending, and the conclusion was that there was no statistically significant change in trajectory that would suggest the introduction of the patents had any positive effects. (Edit: they accounted for domestic/international + US filings before/after as well).
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#129Earlier quoted context omitted.
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People talk about capitalism as if there is a choice; as if Gravity might not pull us towards earth.
Re: AI can't be listed as inventor on patent applications, Japan's top court rules
#130The book “against intellectual monopoly” has shaped a lot of my thinking on this topic - economists have looked at the various occasions in which patents were introduced into an industry (or extended in scope), and there is no evidence they actually improve innovation/efficiency/outcomes (including the pharma industry!). I was quite surprised as my whole life, it was sold to me as an incentive-boosting measure which…
That's interesting, but I'm a little skeptical about pharma. Right now there are a lot of really potentially-promising molecules that pharma isn't really interested in bringing to market because they can't patent them. I don't know though, maybe the game changes if nobody can patent drugs, but then I think you'd need to make FDA approval a lot cheaper.