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. ⬆
Many sites will go offline and many social control networks will shut down once they realise or even openly admit they spend money and time gardening a bunch of bots and slop
it would rightly seem like the era of centralised "social" sites (they're not social, they're about controlling the users) is ending, not overnight but gradually
The next few years will be interesting because if Microsoft lays off tens of thousands of workers each year, there won't be much left except mountains of debt and dying brands