Trolls Are Real
Trolls are definitely real, and we need reforms, particularly at the PTO, to cut down on the number of bad patents. At the same time, there are companies who make lots of money free riding on other peoples’ IP. And that’s also a huge problem. For example, YouTube became a multi-billion business ripping off content companies. YouTube doesn’t create a product-it’s just a middle man for content produced by other people. YouTube makes more money by weakening the protections available to content producers (and unsurprisingly Google is at the forefront for watering down copyright law). Huawei built a business ripping off the designs of Cisco and Juniper, and now are using their leverage to try and compete with those companies in the US.<p>That problem becomes particularly acute as the US switches more to producing IP. The EFF’s myopia is to fail to realize that a balance needs to be struck. A world where you can release a chip or a drug or a jet engine and have a Chinese company immediately copy it and sell a competitor at a fraction of the price with no consequences is one that’s not good for Silicon Valley in the long run. Our competitors overseas can recreate YouTube much more easily than they can recreate Hollywood. India still hasn’t been able to create a jet engine domestically, even though HUL has been able to design and manufacture most of the rest of a jet fighter.