The video does not speak about software patents, but it contains little or no explanation to back the (probably false) assertion that investors cease to invent and people go poor without patents. What the video shows by all means is that patents have -- at least in some people's view -- become American's "intellectual monopolies" that people often refer to.
In addition to the USPTO there is also the EPO, which will hopefully remain more sane. Here is a video showing the EPO. ⬆
