People suggesting this are shortsighted and naive. Removing IP means that a lot of industries will no longer have the incentive to be innovative or creative as using other’s ideas is much cheaper. There are some industries that are the important backbone of many other industries that completely rely on IP. This will hamper productivity of our society in the long term.
If you copy everyone else you’re not going to be profiting much, as your product isn’t competitive. You have to keep iterating on an idea to stay ahead of the competition.
IP law lets companies stop innovating after they’ve come up with a product, because other companies cannot directly compete using the same or a similar design.
Did Android phones stop innovating because Apple did a smartphone first?
People suggesting this are shortsighted and naive. Removing IP means that a lot of industries will no longer have the incentive to be innovative or creative as using other’s ideas is much cheaper. There are some industries that are the important backbone of many other industries that completely rely on IP. This will hamper productivity of our society in the long term.
If you copy everyone else you’re not going to be profiting much, as your product isn’t competitive. You have to keep iterating on an idea to stay ahead of the competition.
IP law lets companies stop innovating after they’ve come up with a product, because other companies cannot directly compete using the same or a similar design.
Did Android phones stop innovating because Apple did a smartphone first?
That’s already what they do, it’s just those people are on their payroll. Industries don’t create, they absorb and proliferate.