Re:Georgism
by sudosysgen on Sunday May 17, 2020 @11:34AM
(#23212662)
Do you tax all patents equally? If so, the issue is obvious. If not, how do you determine how much?
Re:Georgism
by tryptophan on Sunday May 17, 2020 @05:04PM
(#23215483)
You let the free market decide the price of patents. Each year they are all put up for sale. Highest bid wins and gets the patent, and they can license it to others or keep it for themselves.
1% of patent value is paid each year as compensation for the government protecting the IP.
Similar system could work for copyright property.
Re:Georgism
by AnimalMuppet on Sunday May 17, 2020 @03:37PM
(#23214681)
That's an interesting idea. It would cut down on the number of garbage patents, which is a huge positive in my view.
Patents are essentially the "land" of the tech industry. With weaker patents there probably wouldn't be any such thing as "big tech" as it would be constantly disrupted from below.
The exception is google's search index, which is, given its capital intensity and power requirements, practically a form of of heavy industry on a par with aerospace or automotive.