posted in Technology
Chinese memory firm CXMT relied on leaked Samsung technology to skip years of R&D, court testimony claims
www.techspot.com/news/113568-chinese-memory-firm-cxmt-relied-leaked-samsung-technology.html
When companies are not able to produce enough to satisfy demand and are actively stopping selling to certain sectors and harming them, they should lose their patents. RAM companies are actively harming all of us by selling their products to the AI companies and leaving us all without RAM, so we should encourage alternatives.
So patents are stopping the whole market competition thing, like what how capitalism is supposed to work and all that.
Only way how capitalism works is that the rich are just becoming the richer by exploiting the poor(er).
There should be a ceiling with patents, where if you make 10x back of what it cost your r&d (or whatever 5x of your yearly revenue), the patent should just be considered expired no matter how much time passed.
It should never be an infinite source of money.
Seems like a good idea, but would probably just result in Hollywood accounting so that they never actually make any profit on paper.
Replying to @amju_wolf@pawb.social
Patents in the US only last 20 years on stuff like this, the problem is that lawyers are crafty. So they will patent the formula and then 20 years later the delivery method or something like that. Thus preventing generics for longer than they should be able to.