No, this has enormous implications to break the monopolies of many companies and supply chains. Companies like Broadcom and Qualcomm only exist because of their anticompetitive IP nonsense. This is everything anyone could ever dream of for Right to Repair. It stops Nintendo’s nonsense. It kills Shimano’s anti competitive bicycle monopoly.
Ever frivolous nonsense thing has been patented. Patents are not at all what they were intended to be. They are primary weapons of the super rich to prevent anyone from entering and competing in the market. Patents are given for the most vague nonsense so that any competitive product can be drug through years of legal nonsense just to exist. It is nor about infringement of novel ideas. It is about creating an enormous cost barrier to protect profiteering from stagnation milking every possible penny form the cheapest outdated junk.
IP is also used for things like criminal professors creating exorbitantly priced textbook scams to extort students.
All of that goes away if IP is ditched. The idea that some author has a right to profit from something for life is nonsense; the same with art. No one makes a fortune by copying others unless they are simply better artists. Your skills are your protection and those that lack the skills have no right to use their wealth to suppress others. The premise of IP is largely based on an era when access to publishing and production was extremely limited and required large investments. That is not the case any more; that is not the world we live in. Now those IP tools are used for exactly the opposite of their original purpose and suppressing art and innovation.
pennomi@lemmy.world 6 days ago
Yes. Because individuals stand to gain far, FAR more than corporations if IP law disappeared.