Slashdot Mirror

GigaOM notes that (excerpting) "Gary Becker, a Nobel-prize winning professor at the University of Chicago, stated this week that the U.S. patent system is ”too broad, too loose, and too expensive” and called for the end of software patents: 'Disputes over software patents are among the most common, expensive, and counterproductive. Their exclusion from the patent system would discourage some software innovations, but the saving from litigation costs over disputed patent rights would more than compensate the economy for that cost.'" Here are Becker's comments, from the always-fun Becker-Posner Blog.

GigaOM notes that (excerpting) "Gary Becker, a Nobel-prize winning professor at the University of Chicago, stated this week that the U.S. patent system is ”too broad, too loose, and too expensive” and called for the end of software patents: 'Disputes over software patents are among the most common, expensive, and counterproductive. Their exclusion from the patent system would discourage some software innovations, but the saving from litigation costs over disputed patent rights would more than compensate the economy for that cost.'" Here are Becker's comments, from the always-fun Becker-Posner Blog.

Ars Technica reports on Judge Posner's weblog, and in particular a recent post on the excessive strength of U.S. copyright and patent law: "The problem of excessive patent protection is at present best illustrated by the software industry. This is a progressive, dynamic industry rife with invention. But the conditions that make patent protection essential in the pharmaceutical industry are absent. Nowadays most software innovation is incremental, created by teams of software engineers at modest cost, and also ephemeral—most software inventions are quickly superseded. ... The most serious problem with copyright law is the length of copyright protection, which for most works is now from the creation of the work to 70 years after the author’s death. Apart from the fact that the present value of income received so far in the future is negligible, obtaining copyright licenses on very old works is difficult because not only is the author in all likelihood dead, but his heirs or other owners of the copyright may be difficult or even impossible to identify or find. The copyright term should be shorter." Reader jedirock pointed to a related article on how the patent situation got so out of hand in the first place.

An article at TechCrunch discusses a blog post from Richard Posner, a US Court of Appeals judge, about the struggling newspaper industry. Posner explains why he thinks the newspapers will continue to struggle, and then comes to a rather unusual conclusion: "Expanding copyright law to bar online access to copyrighted materials without the copyright holder's consent, or to bar linking to or paraphrasing copyrighted materials without the copyright holder's consent, might be necessary to keep free riding on content financed by online newspapers from so impairing the incentive to create costly news-gathering operations that news services like Reuters and the Associated Press would become the only professional, nongovernmental sources of news and opinion."