Comment on Jack Dorsey and Elon Musk would like to ‘delete all IP law’ | TechCrunch

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ByteJunk@lemmy.world ⁨1⁩ ⁨week⁩ ago

it costs millions of dollars to get a manufacturing process up and running and in a good enough state to where it can actually work out financially. Without patents, your competitor can just take all of that work and investment and just copy it with the benefit of doing it right the first time, so they’re able to undercut you on cost.

This argument makes no sense. Manufacturing lines are built all that time for unpatented products, plus a competitor can’t just “take all of that work and investment”, they will need to put in money to create their own product, even if it’s a copy they still need to make it work, as well as build their own production capacity.

They’ll be second to market, and presumably need to undercut price to get market share… This is a very risky endeavour, unless the profit margins are huge, and in which case, good thing that there’s no patents…

If the research is so costly and complex (pharmaceutical, aeronautical,…), then it should be at least partly funded by the government, through partnerships between universities and companies.

Patents are not a solution.

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