With even The Economist weighing in, the future is hopefully dimmer for those who want to secure their own at the expense of the many:
“…it is next to impossible to offer a new technology or software-driven service without getting sued for patent infringement.”
“At a time when our future affluence depends so heavily on innovation, we have drifted toward a patent regime that not only fails to fulfil its justifying function, to incentivise innovation, but actively impedes innovation. We rarely directly confront the effects of this immense waste of resources and brainpower and the attendant retardation of the pace of discovery, but it affect us all the same. It makes us all poorer and helps keep us stuck in the great stagnation.”
It is time to rethink the patent and copyright regimes.
It is succinctly summed up over at TED:
What do you think the world would be like if there were no patents or copyrights?