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Why abolish patents rather than just fix their implementation? Patents are very important. Without them, incentive to bring things to market falls as all your hard work of designing and creating something can just immediately be taken and reused by others. This encourages everyone to sit around and wait for others to make something first, and then punishes the one who does. Why not instead rework patents so that they have to be used continuously to be upheld or increase the stringency of that aspect of them?



Is there any evidence that this argument is true? It sort of ignores the fact that people do invent, and frequently, almost as a byproduct of being alive. Plus the constant litigation around patents seems to add more friction to the process, preventing people who would materially contribute to the common good by tinkering and inventing.


Is 20 years a bit much though?


I get to see patents expire in my lifetime, that is good enough.




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