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Covid-19 Shows What Innovation Looks Like Without Patents

1 pointsby devilciusalmost 4 years ago

1 comment

jfengelalmost 4 years ago
I don&#x27;t think it&#x27;s really an apt analogy. It&#x27;s an extraordinary situation where companies are, first and foremost, fighting to save their own lives and opening up their own economies. It&#x27;s an emergency, where long-term profit maximization can easily be shunted off to the side.<p>That makes a kind of limited, temporary utopia. I don&#x27;t know what the world would look like if you eliminated patents, but it wouldn&#x27;t look like that.<p>It would probably be a better world than the one we live in, because technology has changed since the notion of patents was developed. But it wouldn&#x27;t automatically consist of a whole bunch of happily cooperating companies and plentiful profits because of absolute necessity.