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Jack Dorsey and Elon Musk would like to ‘delete all IP law’ | TechCrunch (techcrunch.com)

submitted 1 week ago* (last edited 1 week ago) by zaxvenz@lemm.ee to c/technology@lemmy.world

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Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.”

X’s current owner Elon Musk quickly replied, “I agree.”

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[–] neon_nova@lemmy.dbzer0.com 25 points 1 week ago

I think ip laws are important but need to be changed. One example are things that are funded by tax dollars. They can’t own the ip of something we funded even if partially funded. Maybe let them hold the ip until they recoup their cost.

I also think that it is OK for companies to have ip, but it needs to be shorter. Like, they get 10 years or they earn 10x their cost on developing it.

Im not saying my exact ideas are perfect, but just an example of how ip should not last for as long as it does.