Intellectual Property Rights

Main Channel: http://www.youtube.com/jacobspinney

Category:

People & Blogs

Tags:

• OtherJacobSpinney
• JacobSpinney
• intellectual
• property
• rights

[ladyattis]

You can't own an idea. And that's the issue. Someone figures out X and someone figures it out independently, so who owns it?

[vincenmt]

I think you are talking about the free rider problem and it has been thoroughly researched in increadably diverse fields. It turns out that to copy a new concept/device costs 60-80% of the cost to develop the original. However the original in almost all cases continues to demand a higher price not to mention the monopoly condition that exists while copies are developed.

[AkaiTsukiShimitsu]

Now... let's get serious XD

Probably it will only be defensible by prestige: if anyone realizes the idea is stolen, get them in the black list, if u know what I mean :3

[AkaiTsukiShimitsu]

I can't give you my thoughts... someone might steal them D:

[wood9670]

1st off: Art, Science, Music, and a host of other social good progressed perfectly well over the millenius without IP so I call this "lack of incentive" argument B.S.

But lets play a thought experiment. Say you sell me and apple and I use a magic box to duplicate the apple (which is MY PROPERTY) exponentially and proceeded to distribute them amongst the general populous.

I have used MY PROPERTY to give society a good. The fact that my magic box destroys the market for you is irrelevant.

[JacobSpinney]

@PanzerDivisionBOM I don't argue against competing against people who can offer lower prices than you. I'm arguing against people who are able to sell your ideas at $0. How could I possibly underbid $0? But lately I've been coming around to realizing IP as a protectionist racket. I just don't think I'm all the way there yet.

[PanzerDivisionBOM]

Why does this seniority apply only to technological innovation? Why not distribution methods, or locality, or target audiences? Your argument applies to almost all enterprise:

"Why should I start offering taxi services in my town, when just anyone can copy my idea and start doing the same thing at lower prices?"

"Why should I take you up on your job offer, if I can later be replaced by someone more efficient?"

Yours is the same rationale which has been fuelling Mercantilism for 300 years.

[meadowsirl]

have you ever been on the internet?

Its full of websites ripping off each other. IP is garbage. Bring on the Venus Project.

[billburns2]

OMG. I'm actually agreeing with Jacob !!

Most of the comments here are by people who have no idea of what IPR are.

You can't claim ownership of an IDEA under any form of copyright law. You can claim ownership of a unique invention or process or work, but not the generic IDEA. Xerox may have ownership of the Xerox process but it doesn't have a monopoly on photocopying.

[stealthswimmer]

Terrence Kealey has some vids on this and it's why we don't need public funding of scientific research and development. The cost of copying is about 60%, but the total cost of reproduction is close to 100%.

As for the incentive to create - the answer is natural monopoly for a period of time. The way the creator gets more profit is by being the first person to market with the product.

Maybe one option could be advertising reservations(think about reserving a video game) made in advance

[HypnoticGorilla]

Yeah the thought police. copyrighting ideas....

[idontgiveashit0930]

Most libertarians, (especially left libertarians in my personal experience) oppose intellectual property rights because they believe assigning a monopolistic nortion to a creator is totalitarian and granting an individual exclusive rights over IDEAS to keep away others from using their own central nervous system and profiting out of it is unjustified..But intellectual property right is necessary because it works as a defense mechanism that protects small business from greedy corporations.