{"id":227,"date":"2009-05-24T15:03:18","date_gmt":"2009-05-24T22:03:18","guid":{"rendered":"https:\/\/blog.austinity.com\/?p=227"},"modified":"2009-05-29T13:39:28","modified_gmt":"2009-05-29T20:39:28","slug":"andy-grove-on-patents","status":"publish","type":"post","link":"https:\/\/blog.austinity.com\/?p=227","title":{"rendered":"Andy Grove on patents"},"content":{"rendered":"<p>Andy Grove gave an interesting speech beginning of May, where he criticized the current state of patent usage <a href=\"http:\/\/news.cnet.com\/8301-13924_3-10232355-64.html?tag=newsEditorsPicksArea.0\">http:\/\/news.cnet.com\/8301-13924_3-10232355-64.html?tag=newsEditorsPicksArea.0<\/a>.<\/p>\n<p>He compared the patents to mortgage backed securities, derivatives that have moved far away from the actual underlying product. They became a product by themselves but have become less and less useful in their original intent to make the inventor rich and to let the society benefit.<\/p>\n<p>Interesting read.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andy Grove gave an interesting speech beginning of May, where he criticized the current state of patent usage http:\/\/news.cnet.com\/8301-13924_3-10232355-64.html?tag=newsEditorsPicksArea.0. He compared the patents to mortgage backed securities, derivatives that have moved far away from the actual underlying product. They became a product by themselves but have become less and less useful in their original intent &hellip; <a href=\"https:\/\/blog.austinity.com\/?p=227\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Andy Grove on patents<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,10],"tags":[],"class_list":["post-227","post","type-post","status-publish","format-standard","hentry","category-thoughts","category-usa"],"_links":{"self":[{"href":"https:\/\/blog.austinity.com\/index.php?rest_route=\/wp\/v2\/posts\/227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.austinity.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.austinity.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.austinity.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.austinity.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=227"}],"version-history":[{"count":7,"href":"https:\/\/blog.austinity.com\/index.php?rest_route=\/wp\/v2\/posts\/227\/revisions"}],"predecessor-version":[{"id":234,"href":"https:\/\/blog.austinity.com\/index.php?rest_route=\/wp\/v2\/posts\/227\/revisions\/234"}],"wp:attachment":[{"href":"https:\/\/blog.austinity.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.austinity.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.austinity.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}