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Elon Musk: “In my opinion, we should massively reduce what can be…”

Featuring: Elon Musk, Senior Advisor to the President, Head of Department of Government Efficiency | National

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ELON MUSK JOINS VERDICT - PART 2 Verdict Ep. 215

Published | Video Starts at 22:05

Now there are a few cases in, say with pharmaceuticals where it might cost you a billion dollars to do a phase three human trial, but then subsequently the drug is very cheap to manufacture. So cases. There are some, In my opinion, we should massively reduce what can be patented. Because the whole point of patenting is to maximize innovation, not inhibit it. And in my opinion, maybe a controversial opinion, most patents inhibit innovation, they do not help it. (22:05–22:09)

CLAIM

Asserts that the scope of patentable items should be significantly reduced.

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