Nathan Myhrvold: The Wealthy Should Fund Innovation

It is a truth universally acknowledged, that a patent troll in possession of an enormous fortune must find a pretext by which he might be judged something other than a parasite.

There is a serious argument to be made that very wealthy individuals are the only ones who can fund certain projects. But no one as wealthy as Myhrvold can make that argument seriously. So here are two links. I'm pretty sure that neither author has ever called for a pay-per-click internet:

http://marginalrevolution.com/marginalrevolution/2010/07/the...

http://www.overcomingbias.com/2012/01/we-need-the-very-rich....

Re: Nathan Myhrvold: The Wealthy Should Fund Innovation

#9

Post by phil » Sat, Sep 15, 2012, 7:27 AM UTC

Or sue to maintain control of it. You know, either way.

Re: Nathan Myhrvold: The Wealthy Should Fund Innovation

#10

Post by ojbyrne » Sat, Sep 15, 2012, 7:29 AM UTC

001sky wrote: post #6

The Wealthy Should Fund Innovation And how does one get wealthy...Patent troll! WTF. This theory needs some dogfooding.

While I agree with the sentiment, I don't think your argument is fair. He got wealthy via Microsoft. He did get wealthier as a patent troll.