Still trying to digest what it implies if Telsa's patent strategy (http://www.teslamotors.com/blog/all-our-patent-are-belong-you …) is actually optimal from a business standpoint.
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That, plus network effects. Even companies are a network effect of sorts. Imagine if Google open sourced all their code...
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...competing with them would still require hiring some 10,000 really great engineers. Good luck doing that while also trying to keep up.
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@paulbaumgart but what about industries built on fma & patent protection like pharma? -
@Dandy099 People would have said the same about the automotive industry not long ago. Change is happening there, too. See:@transcriptic
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@paulbaumgart@pmarca The best way to protect your idea is by keep innovating,@elonmusk knows that and everybody should get use to that..Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulbaumgart@pmarca I hope so... I would succeed very well in life if that was the case /cc@elonmusk ;-)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulbaumgart@pmarca The ability to combine things & to find new ways to use known things may be more important than actual "inventions". -
@paulbaumgart@pmarca Many such combinations may be deemed trivial & not worth a patent, but that may be the secret sauce of innovation.
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@paulbaumgart@pmarca We are in age of transformative change, not incremental change. What has worked in past unlikely to work in future.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulbaumgart@pmarca What happens in the next 25 years when machines create new things? Art and individuals become the asset?Thanks. Twitter will use this to make your timeline better. UndoUndo
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