Not to nitpick, but that basic dynamic -- the prospect of decades of monopoly profits driving innovation -- was long acknowledged even when the US constitution was written; it&#x27;s not just Peter Thiel&#x27;s thing.<p>&quot;To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries.&quot;<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Copyright_Clause" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Copyright_Clause</a>