Comment Re:This article is bullshit. (Score 1) 323
To claim that copyright is "killing" science is pure hyperbole, but his actual point is valid. I didn't watch TFV, but based on the mention of open access journals, I assume his point is the usual complaint that the millions of dollars universities give to Elsevier, Nature Publishing Group, et al. to buy access to journal articles their scientists write (based on research typically funded by the public), could be better spent on actual research. Here's an article about a recent spat between the University of California and NPG over these fees: http://chronicle.com/article/U-of-California-Tries-Just/65823/
Open access journals allow the same peer review process and attribution as the current model, the only trouble is the author is asked to shoulder the expense of the publication process (usually around $1000). Things are already moving in the right direction on this. Compare PlosOne (open-access) and Nature (paywall). See also the open access rules from the NIH: http://publicaccess.nih.gov/FAQ.htm
On the topic of IP that translates into consumer goods and services, you have the Bayh-Dole act which allows universities to profit on developments made with publicly research funds. Unfortunately, because any research is built on other research, you have things like the patenting of a test for breast cancer gene BRAC by a single company, when most of the work that led to the test's development was publicly funded, and conducted at a range of different institutions. Now those instutions have to pony up to continue working on essentially the same research they were already doing. See http://www.americanbar.org/content/newsletter/publications/aba_health_esource_home/James.html