Inventor of Optical Storage Gets Little Reward
Thu Anon Coward writes "This poor guy invented optical storage (CDs, DVDs) and never made a dime. Another case of an idea before its time and cheating a man of his due. To quote the article, 'Consumers will spend billions this holiday season on CDs, DVDs and machines to record and play the ubiquitous silver discs. But the inventor of the underlying technology won't make a cent. Today, Russell does consulting from a lab in the basement of his Bellevue home to keep in the game and supplement a modest pension from Battelle.'"
The end result is that if the American company sells, in China, products invented by American engineers, then said American company must pay royalties to the Chinese thief ... er ... company. The American company and its employees will not see a dime resulting from their hardwork.
Fair? No. Chinese? Yes.