this post was submitted on 13 Apr 2025
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Jack Dorsey and Elon Musk would like to ‘delete all IP law’ | TechCrunch (techcrunch.com)
submitted 1 week ago* (last edited 1 week ago) by zaxvenz@lemm.ee to c/technology@lemmy.world
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Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.”

X’s current owner Elon Musk quickly replied, “I agree.”

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[–] uis@lemm.ee -1 points 1 week ago (1 children)

if another country immediately fakes the product and prevents the government from collecting back the taxes it spent on the research

It seems you misunderstand the goal of goverment. Goverment doesn't care if budget goes down, when quality of life goes up. What is the point of not researching and having bigger budget, if it can't buy thing that did not get created?

And then on goverment level there is no such thing as copyright or patent. On goverment level laws are not some external condition, but something that changed regularly.

plus a competitor can't just "take all of that work and investment", they will need to put in money to create their own product,

Not true. One major issue is that many competitors literally copy the product exactly. Fake products wreck the original company

They STILL need to put in money to create their own product. You know, they can't magic production lines into existance.

[–] modeler@lemmy.world 3 points 6 days ago (1 children)

It seems you misunderstand the goal of goverment.

This is your opinion of what you want governments to be, not what they actually are.

What is the point of not researching and having bigger budget, if it can't buy thing that did not get created?

What a lot of negatives and hypotheticals. All solved by getting a return on investment and having that money to do more things with, including research.

And then on goverment level there is no such thing as copyright or patent.

I'd like to introduce you to the World Intellectual Property Organisation (WIPO) which is an intergovernmental organisation that does precisely what you say doesn't exist.

They STILL need to put in money to create their own product.

Sure, but the cost to duplicate the product is tiny compared to researching, developing then creating a production run for it. And this fake normally severely impacts the profits for the inventor.

But now we're just repeating the same arguments.

[–] uis@lemm.ee -1 points 6 days ago

It seems you misunderstand the goal of goverment.

This is your opinion of what you want governments to be, not what they actually are.

I am sorry your country doesn't try or even claim to be social.

What is the point of not researching and having bigger budget, if it can't buy thing that did not get created?

What a lot of negatives and hypotheticals. All solved by getting a return on investment and having that money to do more things with, including research.

So in the end money will be spent on research anyway.

And then on goverment level there is no such thing as copyright or patent.

I'd like to introduce you to the World Intellectual Property Organisation (WIPO) which is an intergovernmental organisation that does precisely what you say doesn't exist.

And what next? It can't stop any goverment from ignoring copyright or patent.