The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea. Head to https://brilliant.org/veritasium to start your free 30-da...
The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.
And if he had been granted a patent for his invention, he would have been fairly compensated for his work by being able to license production to companies that had the means to make them at scale. OP seems to think this scenario is an example of how patents should be abolished, but it’s a perfect example of why we have them in the first place. And that reason is so that rich people don’t fuck over comparatively poor inventors.
Your cognitive dissonance is why we cannot improve this system. Patents cannot both be responsible for his lack of profit from his invention and how he would have been fairly compensated.
Patents do exists and we was not fairly compensated, therefore patent do not solve their intended problem.
We live in this reality. Not whatever rose colored version you think could exist if we just get the correct tweaks in place.
At some point we need to stop trying to adapt the concepts people came up with hundreds of years ago. Created in a world that no longer resembles our own.
Consider how contentious the issue was that they redefined to included it in the constitution. The consider what other contentious issues were also included in that same document, i.e. the three fifths compromise.
And then he sued the company for $20 million because the CEO didn’t want to respect his efforts and stiffed him.
And the amount he actually won only covered the legal fees, so he made nothing.
And if he had been granted a patent for his invention, he would have been fairly compensated for his work by being able to license production to companies that had the means to make them at scale. OP seems to think this scenario is an example of how patents should be abolished, but it’s a perfect example of why we have them in the first place. And that reason is so that rich people don’t fuck over comparatively poor inventors.
Your cognitive dissonance is why we cannot improve this system. Patents cannot both be responsible for his lack of profit from his invention and how he would have been fairly compensated.
Patents do exists and we was not fairly compensated, therefore patent do not solve their intended problem.
We live in this reality. Not whatever rose colored version you think could exist if we just get the correct tweaks in place.
At some point we need to stop trying to adapt the concepts people came up with hundreds of years ago. Created in a world that no longer resembles our own.
Consider how contentious the issue was that they redefined to included it in the constitution. The consider what other contentious issues were also included in that same document, i.e. the three fifths compromise.
Phew, was scared there for a second.