For inventors, patents are an essential protection against theft. But when patent trolls abuse the system by stockpiling patents and threatening lawsuits, businesses are forced to shell out tons of money.
I honestly did not expect John Oliver to touch this subject.
Really wish we would come up with a new word for covering “deprivation of potential future revenue”.
“More of that awkward shifting of the patent debate towards small actors who are misusing patents, not large conglomerates like Apple and Microsoft which use patents to destroy competitors, crush startups, drive up prices, and so on”
I am more surprised he hasn’t touched the subject before, and that he was so gentle with it. Remember one of first his viral videos was about a year ago and about net neutrality.
Edited 2015-04-21 19:40 UTC
At 0:13 https://youtube.com/watch?v=3bxcc3SM_KA&t=13s
That’s exactly one of the major issues. Ideas aren’t patentable. That’s actually what patent trolls and racketeers often abuse. They patent ideas and claim functions, which they should have no right to. That’s because patent office doesn’t do a good job at filtering garbage patents.
Edited 2015-04-21 19:59 UTC