I work at the Intellectual Ventures Lab where we work on inventions. While the patent system isn't ideal, we're certainly not the paragon of evil Timothy Lee makes us out to be. The invention we've invested the most in is a reactor powered by nuclear waste. We have over 30 scientists working on that now. We are developing many inventions to help eradicate malaria and have a team devoted to epidemiological modeling for that.
Intellectual Ventures has already paid over $330MM to inventors from its licensing work. We're inventors & we love invention. We're trying to create more ways for inventors to succeed at what they're good at. - Pablos.