Summary: In a talk about intellectual monopolies, Joseph Stiglitz explains what those trade provisions really are about
THE following talk, just highlighted by our regular contributor Fewa, is described as follows: "Nobel Prize-winning economist Joseph Stiglitz speaks about his book, "Making Globalization Work." This event took place on October 13, 2006, at Google's Mountain View, CA, headquarters as part of the Authors@Google series."
Other than the media, it is often said that the schooling systems are means for preparing the population to accept the point of view of those in power; it includes the patent system. People will hopefully use alternative sources of information like the Internet to learn how things really work and what their purpose is in practice. ⬆
"Patent monopolies are believed to drive innovation but they actually impede the pace of science and innovation, Stiglitz said. The current “patent thicket,” in which anyone who writes a successful software programme is sued for alleged patent infringement, highlights the current IP system’s failure to encourage innovation, he said."
In an age when ~1,000 simultaneous layoffs aren't enough to receive any media coverage, what can we expect remaining publishers to tell us about Microsoft layoffs in 2026?
Is the "era of AI" an era when none of the media will mention over 800 layoffs? [...] There's a lesson here about the state of the contemporary media, not just IBM and bluewashing
