Supreme Court Rules Software Patents Invalid-Without Ever Mentioning Software Once In the Decision
"What this means is that companies like Apple, IBM, Microsoft, Google and others have had the value of their patent portfolios nearly completely erased today. If they wish to remain compliant with Sarbanes Oxley and other laws and regulations of the Securities and Exchange Commission they will need to level with their shareholders and tell them that their patent portfolios have been decimated."
db is on a plane headed to the Atlas Summit to give a talk about Galt as Inventor. When he gets off the plane, this news will greet him. Imagine a MODERN patent system understanding the manufacturing age but not the information age....
db is on a plane headed to the Atlas Summit to give a talk about Galt as Inventor. When he gets off the plane, this news will greet him. Imagine a MODERN patent system understanding the manufacturing age but not the information age....
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No harm, no foul.
Blood pressure reducing yet from the SCOTUS ruling?
"...those who do believe in what you term "mysticism" don't belong on a site devoted to "Objectivism."'
I have never said this on this site. I would not use the term "devoted" in speaking about Objectivism. I did use the word "promote." There is a huge difference. This site definitely promotes the ideas of Objectivism and Capitalism.
Why is it important to make the distinction? Because there are from time to time contributors on this site who attempt to hide ideas they are actually promoting. Anarchism is one area I find dangerous. To be perfectly honest, I find it
more dangerous in how anarchists try to hide that agenda by getting people to buy into sloppy utilitarianism ignoring important philosophical foundations.
As far as Christianity goes, I do not find it dangerous-just illogical and mystical. I've never met a Christian on this site yet, trying to hide Christian values. Christians openly promote their beliefs. That's straightforward and honest. Many Anarchists, especially anti-patent crowd, purposely distort facts and outright lie to push their agenda. I will always point out that Objectivism supports all property rights, including intellectual property. I will continue to point out that in Atlas Shrugged intellectual property and patents are discussed around 200 times. Including a very important discussion between Cheryl and James Taggert regarding Rearden metal.
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Was the talk filmed?
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...What?
As a computer programmer for 33 years, I'm well aware of what computers are capable of. Check out neural networks, genetic algorithms, and agent-based models. Computers are becoming more and more powerful and more and more capable of mimicking aspects of human thought processes, discovering relationships and finding more efficient ways of performing physical and mental tasks.
I'll say it again: The legal issues regarding computer-related patents are only going to get murkier as computers continue to become more powerful and produce inventions of their own without direct human intervention.
The real effects will not be on big companies, it will be on startups who cannot get funding. Big companies are valued on their existing revenue streams mainly. Startups are valued based on their technology and ownership thereof.
Like I said, I used to read lots of patents for my work. As an engineer, I saw numerous nearly identical implementations of functions. Few of them were truly "novel and unique", yet they received a patent. And often I would run into "blocking" patents by competitors which were written all around a truly novel and unique innovation such that the originator was stifled in other uses of their idea, yet the competitor couldn't use their patents without leasing the original patent. They would crowd out the originator and force them into signing that license because they had no real choice.
I think we need to protect IP. I just don't think the current system does so rationally.
Some people have attempted to define Novel as creating something from nothing, which is impossible. Just like the AWG people they set an impossible goal and then use this to attack legitimate property rights.
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