this post was submitted on 13 Apr 2025
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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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[–] TheGrandNagus@lemmy.world -2 points 1 week ago* (last edited 1 week ago) (14 children)

Companies will not — ever — dump hundreds of millions/billions into developing a drug only to have it be sold at cost or even worse, completely losing out on it when a competitor sells a copy of it at a price you can't match.

And even if they did suddenly turn to altruism like that, they'd very quickly go bankrupt.

Why would anybody spend billions making new drugs if they knew with 100% certainty that they'd never make the money back?

We may not like it, but that's the system that we have. Some form of IP law should exist to encourage these companies to continue putting out medicines that better our lives, it's just that our current ones go way too far.

[–] Auntievenim@lemmy.world 9 points 1 week ago (13 children)

We already fund the research of new drugs almost entirely through publicly funded projects which then HAND OVER the patent rights to whichever company has the most former board members in the executive branch at the time.

I watched it happen in real time during covid while working for the DPH. Those companies produce NOTHING. They are the literal obstacle to creating new medicines and making them widely available.

I'm against the context of the main post but putting on a cape for medical patents is wild. The entirety of healthcare in america is inexcusable. Let's stay focused on the AI tech oligarchs robbing us of our futures and attempting to frame it as a concern with intellectual property.

[–] TheGrandNagus@lemmy.world 2 points 1 week ago (8 children)

If it's state funded then that's obviously a different matter.

But usually it's a company making drugs, and they'd go bust if they spent billions developing a drug and got zero money back. Then there would be far fewer drugs made.

Be practical. Letting people die for ideological reasons is not a good thing.

[–] Auntievenim@lemmy.world 1 points 1 week ago (1 children)

I wrote a long winded reply but honestly I'll just say that your second paragraph is entirely based on fiction and your final paragraph is precisely what for profit medicine is designed to do. Profit is a purely ideological drive, medicine and healthcare do not need profits to exist. The post office does not need to make money. It exists because we HAVE to have it.

You can go see for yourself. Moderna did not single handedly make the covid vaccine. They do not and should not have the right to deny anyone the right to produce it as cheaply as necessary to provide it to their populations. I can go deeper if you want but if this doesn't show you that we are saying the same thing I'm going to have doubts about this being in good faith.

[–] TheGrandNagus@lemmy.world 1 points 1 week ago* (last edited 1 week ago) (1 children)

It's not fiction, that's the reality.

Profit is a purely ideological drive, medicine and healthcare do not need profits to exist.

No shit. Everyone knows that. But it does exist. That's the world we live in. Income tax doesn't need to exist, but it does, and things would go wrong if you suddenly stopped paying it.

Moderna did not single handedly make the covid vaccine

Who said they did? Many companies did, and some had government or university help.

I can go deeper if you want

Go as deep as you like. I've already explained the situation, though.

I am speaking in good faith. How do you go about avoiding companies simply refusing to create new medications when they know for a fact making new ones would cost billions and they'd never get the money back?

I don't like that that's the situation. I want companies to make medications and sell them at a loss, but that's a fantasy world. I'm being pragmatic. We can improve IP laws without completely killing off future medicine development.

"Just, like, don't make profit, broooo" would be nice, but that's not how the world works.

[–] Auntievenim@lemmy.world 1 points 1 week ago (1 children)

Im saying that the companies who currently own the IP didn't in fact pay for the development. They paid for the exclusive rights. Universities discovered and developed the new drugs, and then, since universities don't run large pharmaceutical factories, they sell that developed drug to a company to manufacture it at scale in exchange for the sole rights to be the manufacturer. The system as it stands is not like taxes, because taxes are FOR something. If we stopped giving patents to Pfizer we wouldn't stop having medicine or even stop having new medical breakthroughs, we would simply no longer have to pay $600 for a Tylenol in the hospital.

I'm glad you added that you aren't advocating for this, but this system isn't ingrained into society. It was created, and shaped this way by the companies which own the ip and benefit from nobody being able to manufacture their own cheaper versions. The result of dismantling the medical ip system would not result in zero medicine being manufactured it would result in hundreds of thousands of individual small pharmacies producing their own drugs for nearly no cost. The IP rights exist to protect entrenched capital at the very top of the market. This does not protect anyone but the rights holders and hurts everyone else by further increasing the barriers to access for the majority of the planet.

A billion dollar company has convinced you that if they don't hold exclusive rights to manufacture lifesaving medications they did not develop then all of medical research would cease. That is hilariously false.

[–] TheGrandNagus@lemmy.world 1 points 1 week ago

You're talking about a very different situation to the one I am talking about. I never advocated for companies buying up exclusivity deals, particularly not when the development was done by publicly-owned institutions. I'm not sure where you got that from, because it sure as shit wasn't from anything I wrote.

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