My personal suggestion would be that anything invented or created that we consider intellectual property now can only be owned by living individuals, whom can exploit their creation for 5 years as they do now, fully dictating who and how gets to use it. This is to maintain the material incentive of being creative.
After those 5 years the IP goes into the public domain, allowing full and free personal and commercial use for anyone.
There is some leg room for a possible fixed percentage going to the inventor or the public after those 5 years as well, but generally the idea is that yes, being smart and making something great should also reward you with first dibs on any commercial opportunity deriving from it, but ONLY you and not some patent farming conglomerate, and only for a fixed time.
My personal suggestion would be that anything invented or created that we consider intellectual property now can only be owned by living individuals, whom can exploit their creation for 5 years as they do now, fully dictating who and how gets to use it. This is to maintain the material incentive of being creative.
After those 5 years the IP goes into the public domain, allowing full and free personal and commercial use for anyone.
There is some leg room for a possible fixed percentage going to the inventor or the public after those 5 years as well, but generally the idea is that yes, being smart and making something great should also reward you with first dibs on any commercial opportunity deriving from it, but ONLY you and not some patent farming conglomerate, and only for a fixed time.
Atill owned, still laws. Will be used to abuse. Why pretend justice can exist in capital?