Can inventors earn more without patent and IP laws?
(…from a conversation on another thread) There are few disagreements that information that is freely usable by anyone is more valuable to society as a whole, than the same information with needless restrictions on its use. The patent system was created with the view of it being a necessary evil to assure inventors could benefit from their work, but is it necessary? If there’s a greater benefit to everyone without the patent and IP systems, how can inventors capitalize on this? Imagine seeing something like this: “Invention for sale: New Carberator – improves gas mileage by 5%, with 10% less costs in construction than current leading designs. Details available upon public compensation of $250,000” (With typical arbitration available over disputes) Multiple people, likely the automotive industry could offer to pay to have this information released and, when satisfied, the inventor reveals the details of the creation. I think there’s no need to use anything other than physical property
