The issue I'm seeing is that IP protections are government-granted monopolies and I can't think of any good that ever came from government-granted monopolies, except maybe in healthcare for some European countries, but that's highly debatable too.
It's also a fact that a monopoly is against the free market and while it's completely debatable whether this is good or bad for innovation or the common good ... in a free market, the law of the fittest applies. The ones that innovate are the ones that have a head-start. The ones that don't either die or if they are too big to die, they are subject to the innovator's dilemma. This is why you can see newer technologies and platforms disrupt older and bigger companies. But unfortunately, these big companies, instead of innovating and keeping pace are now choosing to use the ultimate weapon against free-market competition: government-granted monopolies.
This notion that you have to be rewarded for ideas and designs is completely preposterous, because innovators are already rewarded by the market for being first. And if not, they shouldn't get rewarded with such a monopoly anyway, because if these monopolies go so out of control, there will never be another Apple, because Apple themselves got a lot of ideas and concepts from the prior works of others.
It's also a fact that a monopoly is against the free market and while it's completely debatable whether this is good or bad for innovation or the common good ... in a free market, the law of the fittest applies. The ones that innovate are the ones that have a head-start. The ones that don't either die or if they are too big to die, they are subject to the innovator's dilemma. This is why you can see newer technologies and platforms disrupt older and bigger companies. But unfortunately, these big companies, instead of innovating and keeping pace are now choosing to use the ultimate weapon against free-market competition: government-granted monopolies.
This notion that you have to be rewarded for ideas and designs is completely preposterous, because innovators are already rewarded by the market for being first. And if not, they shouldn't get rewarded with such a monopoly anyway, because if these monopolies go so out of control, there will never be another Apple, because Apple themselves got a lot of ideas and concepts from the prior works of others.