Comment Re:What's wrong with software patents? (Score 1) 63
The basic idea behind the patent system is sound. There's no economic incentive for individuals and small to medium-sized businesses to invent things when a big company can just take the idea and easily outcompete due to greater resources. And without the patent system, there's no incentive to release inventions into the public domain rather than try to protect them as trade secrets.
This applies just as much to software as to physical objects. Suppose I came up with a method to dramatically increase a car's gas mileage. What's the difference if the method is a change in the physical structure of the engine or an improved algorithm in the car's software? The same logic applies: if my method is not protectable by patent law, I lack economic incentive to put the necessary time and effort into developing the invention.
I understand (and agree with) arguments that the patent time should be less for software, that the thresholds for patentability and enforcement are far too low, and that the whole system in general is being abused and needs major changes.
But I have yet to see a rational argument for why physical inventions but not virtual inventions should be patentable.
Wow. This has to be the best troll I have seen in years.
And yeah, I know, don't feed them, but +5 insightful? Sheeeeet
Indeed, the basic idea behind the patent system is sound. However, a software patent does not need to provide an actual working solution, all it needs to do is for someone to say: I reckon I could make something like this work. This, as opposed to a physical patent, which needs to describe an actual thing, and how it actually works.
Benefit to society from the "I reckon" patents: virtually non-existant