commanderFirm quietly boosts H.264 streaming license fees from $100,000 up to staggering $4.5 million — backbone codec of the internet gets meteoric increase, AVC hikes follow disastrous H.265 licensing increa
Figures. Patents are the backbone of capitalism. Some say it invented capitalism as we know it.
I mean, I get the idea of patents. If there were no protection of “ideas”, some random person could have one, try to bring it to market but could just be outplayed by a big corporation with enough money to copy this idea and sell it everywhere before he can even start production. They have more resources and money, but might not have had that idea. There should be some protection. Problem is, that these are also abused by the big corporations, so… Maybe we need to fix this somehow.
You should be able to own the right to bring a novel idea into production, after it’s generally available then it should have no protection.
Basically if you come up with an idea, you get to get the first initial rounds of profits to make it worth your while, that’s it.
Fizzthats a patent
There is different regulations all around the world so its probably got enough regulation. I dont think patent trolling is an actual problem im not aware of it happening at a meaningful scale.
A worse problem is AI basically destroying copyright overnight but only for some cases. This creates such a horribly asymmetric environment where big companies are blatantly ignoring copyright while other industries still have to respect it.