1 hr 25 min

American Invents Act Has Destroyed Innovation - Cops want to keep mass surveillance secret - Hackers Hide Malware in James Webb Space Telescope Images - TikShock: 5 TikTok scams - Ukrainian Police Bust Crypto Fraud Call Centers Craig Peterson - America's Leading Technology News Commentator

    • Business

American Invents Act Has Destroyed Innovation -
Cops want to keep mass surveillance app secret; privacy advocates refused -
Hackers Hide Malware in Stunning Images Taken by James Webb Space Telescope -
TikShock: Don’t get caught out by these 5 TikTok scams -
Ukrainian Police Bust Crypto Fraud Call Centers
Well, the birds are coming home to roost. Well, not the chickens in this case, but this is called the death warrant for American ingenuity. We'll start by talking through this great article from this week's newsletter.
[Automated transcript follows.]
Well, I hate to say this, but in reality, we are looking at some very, very bad times for inventors, and I've had some of these problems myself before, but last September, there were scores of patent holders who demonstrated in six cities across the US.
[00:00:34] They had on these black t-shirts that said homo sapiens, inventor. Endangered species. They were protesting America's decade of stolen dreams. Great article here in the American thinker. It was in my newsletter this year, or excuse me this week, but, uh, but here here's weirdly what happened here. Back in 2011, president Obama pushed through Congress and signed into law.
[00:01:04] What they called the America invents act. Now just like the inflation reduction act is going to increase inflation, right? It's all double speak. Isn't it? The American invents act turned over the patent process basically to the biggest Democrat party donors. Big business billionaires, right? Because that's who really is funding them, the Hollywood millionaires, these massive billionaires, Zuckerbergs and, and others.
[00:01:35] And what happened here? Is they changed the whole patent law and the basis for it. They flipped the table here, basically. Here's the idea behind the patent law that we've had in place in the United States for well, over a century and patents that are guaranteed in the cons. It used to be that you, if you were first to invent something, if you could show that you were first to invent something, you could file a patent and gain that patent.
[00:02:14] Well, what happened is because of all of the donations that went into the Democrats in 2011, from these big, big companies that were lobbying. A, and this is part of the reason I have a huge problem with all this money going to Washington DC, frankly, because it just attracts rodents like these big companies that want to use the law to control you, to gain profit for them.
[00:02:39] And really in this case, squash. Potential patent holders. You see there have been piracy for years in the patent field. And this happened to me. I spent a year of my life designing some software, writing some software that emulated an older computer system and allowed you to take. Any of that software and run it on the new system.
[00:03:05] And it would run exactly the same way. And a lease on the new hardware was cheaper than just a maintenance contract on the old stuff. Plus it was faster, used less electricity, had more options, et cetera. Right. It was, it was really something, frankly, and I was invited to their headquarters to show them a little bit about.
[00:03:27] Did, and, and I was so excited because they wanted to start selling it, right. So they need to understand a little bit better. So I went to the headquarters and met with them, you know, of course paid my own way. Flew down there, stayed in the hotel, rented a car, you know, all the stuff that you have to do.
[00:03:43] And then nothing happened afterwards. Wouldn't return phone calls. It just, all of a sudden went silent. And then about a year and a half later Tata, they had an alternative product out on the. . Yeah, and they tried to emulate what I had done, but they did a very, very poor job at it. That's patent theft, that's piracy in this particular case, uh, if you are an inventor, you've probably experienced that sort of thing before, you know, you can put employees all of the non-disclosure agre

American Invents Act Has Destroyed Innovation -
Cops want to keep mass surveillance app secret; privacy advocates refused -
Hackers Hide Malware in Stunning Images Taken by James Webb Space Telescope -
TikShock: Don’t get caught out by these 5 TikTok scams -
Ukrainian Police Bust Crypto Fraud Call Centers
Well, the birds are coming home to roost. Well, not the chickens in this case, but this is called the death warrant for American ingenuity. We'll start by talking through this great article from this week's newsletter.
[Automated transcript follows.]
Well, I hate to say this, but in reality, we are looking at some very, very bad times for inventors, and I've had some of these problems myself before, but last September, there were scores of patent holders who demonstrated in six cities across the US.
[00:00:34] They had on these black t-shirts that said homo sapiens, inventor. Endangered species. They were protesting America's decade of stolen dreams. Great article here in the American thinker. It was in my newsletter this year, or excuse me this week, but, uh, but here here's weirdly what happened here. Back in 2011, president Obama pushed through Congress and signed into law.
[00:01:04] What they called the America invents act. Now just like the inflation reduction act is going to increase inflation, right? It's all double speak. Isn't it? The American invents act turned over the patent process basically to the biggest Democrat party donors. Big business billionaires, right? Because that's who really is funding them, the Hollywood millionaires, these massive billionaires, Zuckerbergs and, and others.
[00:01:35] And what happened here? Is they changed the whole patent law and the basis for it. They flipped the table here, basically. Here's the idea behind the patent law that we've had in place in the United States for well, over a century and patents that are guaranteed in the cons. It used to be that you, if you were first to invent something, if you could show that you were first to invent something, you could file a patent and gain that patent.
[00:02:14] Well, what happened is because of all of the donations that went into the Democrats in 2011, from these big, big companies that were lobbying. A, and this is part of the reason I have a huge problem with all this money going to Washington DC, frankly, because it just attracts rodents like these big companies that want to use the law to control you, to gain profit for them.
[00:02:39] And really in this case, squash. Potential patent holders. You see there have been piracy for years in the patent field. And this happened to me. I spent a year of my life designing some software, writing some software that emulated an older computer system and allowed you to take. Any of that software and run it on the new system.
[00:03:05] And it would run exactly the same way. And a lease on the new hardware was cheaper than just a maintenance contract on the old stuff. Plus it was faster, used less electricity, had more options, et cetera. Right. It was, it was really something, frankly, and I was invited to their headquarters to show them a little bit about.
[00:03:27] Did, and, and I was so excited because they wanted to start selling it, right. So they need to understand a little bit better. So I went to the headquarters and met with them, you know, of course paid my own way. Flew down there, stayed in the hotel, rented a car, you know, all the stuff that you have to do.
[00:03:43] And then nothing happened afterwards. Wouldn't return phone calls. It just, all of a sudden went silent. And then about a year and a half later Tata, they had an alternative product out on the. . Yeah, and they tried to emulate what I had done, but they did a very, very poor job at it. That's patent theft, that's piracy in this particular case, uh, if you are an inventor, you've probably experienced that sort of thing before, you know, you can put employees all of the non-disclosure agre

1 hr 25 min

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