Earlier quoted context omitted.
Not to mention, what actually makes money is AdWords...
Without search quality, adwords would be nothing.
Yeah, but my point was that AdWords is a separate patent.
We have socialised the risk of innovation but privatised the rewards
131–133 of 133 posts
Re: We have socialised the risk of innovation but privatised the rewards
#132Earlier quoted context omitted.
"To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;"
I don't see anything about an invention being "publicly available while funneling money to the patent holder". The "exclusive right" part means the invention is legally the property of the inventor. Others can improve on it, but there is no guarantee the public can use the actual invention until the patent expires.
> until the patent expires.
It's almost like it's baked into the system.
Re: We have socialised the risk of innovation but privatised the rewards
#133Earlier quoted context omitted.
I don't see anything about an invention being "publicly available while funneling money to the patent holder". The "exclusive right" part means the invention is legally the property of the inventor. Others can improve on it, but there is no guarantee the public can use the actual invention until the patent expires.
> until the patent expires. It's almost like it's baked into the system.
Yep, not publicly available for 20 years