"if you want more <x> lower the expected returns from <x>"
https://twitter.com/averykimball/status/1151821385611636737 …
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4/ No, no, not abolishing them at all! Just ... abolishing 95% of the duration, and perhaps 99.5% of the utility, given that patented inventions are often selling at a loss / finding their market in their first few years they're for sale.https://twitter.com/averykimball/status/1151822948035993601 …
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Once again, I'm not abolishing patents, dood. People invent to solve problems *all the time*, but if some patent troll violates the NAP by mobilizing the police to "protect" his broadly-worded non-innovation, your incentive scheme holds no water. That's how patents work.
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Speaking as an actual inventor, known for innovation, the current patent system does nothing except provide a way for large companies to prevent innovators from entering their markets. Maybe they're a neat idea if done right, but as implemented, they are a blight.
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good feedback, thx!
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