Why The U.S. And China Fight Over IP

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  • เผยแพร่เมื่อ 24 ม.ค. 2020
  • Imagine Nike without the swoosh, McDonald’s with no golden arches, or Apple without the apple. Trademarks and patents can make or break a company. In the U.S. alone, intellectual property-intensive industries contribute trillions of dollars to the economy every year, and IP has become a key battleground between the world’s biggest economic powers, the U.S. and China.
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    Why The U.S. And China Fight Over IP

ความคิดเห็น • 951

  • @medicjack8943
    @medicjack8943 4 ปีที่แล้ว +490

    Thought they were talking about network IP

    • @WarriornM
      @WarriornM 4 ปีที่แล้ว +12

      Same here

    • @thevoyageof67
      @thevoyageof67 4 ปีที่แล้ว +10

      Me too😂

    • @nordette
      @nordette 4 ปีที่แล้ว +4

      Yup

    • @AbdirahiimYa
      @AbdirahiimYa 4 ปีที่แล้ว +3

      Same

    • @digitalkoh
      @digitalkoh 4 ปีที่แล้ว +11

      China is steling our Internet Protocols... 😂😂😂
      Which, by the way, could happen...actually.

  • @nickgehr6916
    @nickgehr6916 4 ปีที่แล้ว +672

    Why would they fight over IP, *NordVPN can cover it all*

    • @RubenFMarin
      @RubenFMarin 4 ปีที่แล้ว +59

      JESSO Maybe it was a joke.*

    • @rianarnando8628
      @rianarnando8628 4 ปีที่แล้ว +15

      @@jesso6670 its a joke

    • @cetherdeng7071
      @cetherdeng7071 4 ปีที่แล้ว +16

      JESSO ur kinda dry

    • @CeruleanFlare
      @CeruleanFlare 4 ปีที่แล้ว +19

      JESSO r/whoosh

    • @GameFuMaster
      @GameFuMaster 4 ปีที่แล้ว +20

      The only person who would win a fight over IP is Ip Man.

  • @Supermrloo
    @Supermrloo 4 ปีที่แล้ว +296

    “Big FBI warnings when you start a DVD”
    This ain’t the 2000s anymore sugar 😂🤣

    • @michaelgray1803
      @michaelgray1803 4 ปีที่แล้ว +11

      Nobody cares

    • @jzk2020
      @jzk2020 4 ปีที่แล้ว

      ------------------------------------------------------------------------->
      the point... I think it flew right over your head.

    • @Yorkil
      @Yorkil 4 ปีที่แล้ว +10

      Aaah yes, DVD's! So OLD! Ha ha ha, what an old timer!! I wonder if this guy also still uses SMS or even sends real letters instead of e-mails! So OLD fashioned
      ......
      ......
      Acting like its VHS or something

    • @ameyas7726
      @ameyas7726 4 ปีที่แล้ว +8

      Whats a DVD!!?

    • @ritzkola2302
      @ritzkola2302 4 ปีที่แล้ว +7

      A lot of these people will never know about the DVD era. 90s babies are the best generation because we lived in 4 decades, 2 centuries, and two different millenniums. We witnessed the technology shift in the world firsthand and at a young enough age to grow up with it and be the pioneers. Went from Blockbuster (for whites), Bootlegg (for coloreds), VHS tapes. To dvd. I remember the first DVD player and movie I saw. It was X-men 2. I was thinking damn this is cool. It’s a disc. Gaming consoles kicked off and halo was everywhere. We still had house phones etc etc I’m old

  • @Greg-gr7ur
    @Greg-gr7ur 4 ปีที่แล้ว +169

    It’s funny they mention Thomas Edison when he goes to patents he’s a thief.

    • @habibbialikafe339
      @habibbialikafe339 3 ปีที่แล้ว +5

      punctuation my friend

    • @dizzybear7472
      @dizzybear7472 3 ปีที่แล้ว +8

      habibbi alikafe Capitalization and punctuation, my friend.

    • @pikachus5m166
      @pikachus5m166 3 ปีที่แล้ว +1

      Backed by banksters and stiffed Tesla.

    • @zhxiaol
      @zhxiaol 3 ปีที่แล้ว +3

      Tesla wasn’t American. Anything not from America must have been stolen from America.

    • @deadwingdomain
      @deadwingdomain 3 ปีที่แล้ว +3

      @@zhxiaol you do realise we seized his lab when Tesla died.

  • @fjlkagudpgo4884
    @fjlkagudpgo4884 4 ปีที่แล้ว +53

    not every time I buy some coke I know what quality to expect
    it depends on dealer

    • @Aly-oo4bn
      @Aly-oo4bn 4 ปีที่แล้ว +3

      hold up....

    • @syloui
      @syloui 4 ปีที่แล้ว +6

      mcdonalds is the best coke dealer

    • @pqrstzxerty1296
      @pqrstzxerty1296 4 ปีที่แล้ว +1

      I like flavoured coke these days......

    • @Alex632
      @Alex632 3 ปีที่แล้ว

      Lmao

    • @AdmiralBonetoPick
      @AdmiralBonetoPick 2 ปีที่แล้ว

      Lol.

  • @membear
    @membear 4 ปีที่แล้ว +179

    I was guessing Internet Protocol.

    • @Junkman2008
      @Junkman2008 4 ปีที่แล้ว

      Yep!

    • @JigilJigil
      @JigilJigil 4 ปีที่แล้ว +4

      China owns the most important patent of all, it's called patent of stealing innovation and technology.

    • @bearbuster157
      @bearbuster157 4 ปีที่แล้ว

      membear
      Information Processing here

  • @dhavalchheda1626
    @dhavalchheda1626 4 ปีที่แล้ว +106

    IP and Edison don't go well together.

  • @rwhunt99
    @rwhunt99 4 ปีที่แล้ว +13

    This should have been dealt with years and years ago when China was allowed in to the WTA, this is a big deal, this involves everything concerning capitalism and China is simply ignoring it.

  • @RoundupResistance
    @RoundupResistance 4 ปีที่แล้ว +12

    I've read about a number of disputes over Chinese transliterations of trademarks and that the situation with intellectual property in China becoming more balanced when Chinese companies started suing other Chinese companies.

  • @chicagodaddy1
    @chicagodaddy1 4 ปีที่แล้ว +154

    The “Staff Attorney” looks like he’s about 12yo.

    • @Duraltia
      @Duraltia 4 ปีที่แล้ว +17

      _HE_ ? Both the persons appearance AND name are genderneutral enough ( to me ) to give the impression _he_ could be a _she._

    • @OutSideTheBoxFormat
      @OutSideTheBoxFormat 4 ปีที่แล้ว +27

      That's a girl. I think. Young and confused.

    • @yatox8
      @yatox8 4 ปีที่แล้ว +7

      It's a girl

    • @eugenechin2863
      @eugenechin2863 4 ปีที่แล้ว +3

      LoL I thought he was a she

    • @leeleeemeemememe2465
      @leeleeemeemememe2465 4 ปีที่แล้ว

      @@eugenechin2863 your probably correct

  • @pratham69_
    @pratham69_ 4 ปีที่แล้ว +60

    So Edison was already using China's policy back in 1900s in us
    What a legend

    • @Dave102693
      @Dave102693 4 ปีที่แล้ว

      Lol

    • @armitylekhona585
      @armitylekhona585 4 ปีที่แล้ว

      What do u mean by that ? Wasn't he the one that invented the electric bull

    • @HaliHali2024
      @HaliHali2024 4 ปีที่แล้ว

      @@armitylekhona585 may sound like that

    • @loktom4068
      @loktom4068 4 ปีที่แล้ว

      Taxing more than 10% of family ncome is copying HARSH communist.

  • @StBatu
    @StBatu 4 ปีที่แล้ว +86

    'Why the US is trying to protect its IP from China'
    Would be a better title.

    • @ThomasFoolery8
      @ThomasFoolery8 4 ปีที่แล้ว +2

      They’re being PC. Can’t point out that one ethnostate is over-represented in one type of crime. That’s bad for the Chinese living in the USA and bad for social cohesion in the USA.

    • @Dim.g0v
      @Dim.g0v 4 ปีที่แล้ว

      @@ThomasFoolery8 China isn't an ethnostate

    • @Clarity520
      @Clarity520 4 ปีที่แล้ว

      @@Dim.g0v it's just a moral high ground

    • @Ardkun00
      @Ardkun00 4 ปีที่แล้ว +7

      No, it should be: "US companies made business with a socialist country and now are facing the consequences".

    • @ericcartmann
      @ericcartmann 4 ปีที่แล้ว +1

      @@Dim.g0v Lol China is totally an ethnostate. It's over 90% Han Chinese.
      Any white or black people are probably tourists or expats.

  • @80budokai
    @80budokai 4 ปีที่แล้ว +7

    CNBC, great video! Enjoy your Saturday!😍

  • @ArawnOfAnnwn
    @ArawnOfAnnwn 4 ปีที่แล้ว +123

    This reminds me of the book - Kicking Away the Ladder by Ha-Joon Chang (no, he's not Chinese - he's Korean and works at Cambridge). Basically all the current superpowers get all resentful when new challengers essentially use the same strategies they once did to develop and so try to take the high road to stop them. IP infringement? US used to do that. Closed / Protectionist economic policy? Also the US in the past, as well as the former superpower Britain. Basically, do as we say (now), not as we did. They've somewhat left behind those practices now only cos they don't need them anymore, a stage China is also starting to transition to. Just wait, one day China will be preaching strong IP protection as well - everyone loves being a hypocrite when it suits them.

    • @eymenu7281
      @eymenu7281 4 ปีที่แล้ว +10

      In the Bad Samaritans book of the professor he mentioned the increase in patent numbers are not about sharp innovation rate but patenting simple and irrelevant things.

    • @MoneyGist
      @MoneyGist 4 ปีที่แล้ว +6

      I was searching the comments for a reference to Ha Joon Chang. The book, Bad Samaritans has a chapter devoted to "stolen" technology and why it's not peculiar to Asian nations.
      I thought the video would provide a balanced view of why both China and the US are in this battle for IP rights but it simply paints China as the villain and US, the righteous protagonist. I guess we are always the hero in our own stories.

    • @MoneyGist
      @MoneyGist 4 ปีที่แล้ว +9

      @Jonathan Gullett That's a good point. Except it contradicts the entire premise of this video. The title says "The U.S. and China" and the entire video quietly implies Chinese patents are mostly fraudulent and that China (the country, not individuals across different countries) is the only one playing dirty.
      As someone pointed out, the real answer to the question in the title is answered in the last 30 seconds of the 11-minute video. Everything else just sounds like "China bad, U.S. good."

    • @gideonindrata1550
      @gideonindrata1550 4 ปีที่แล้ว +6

      chinese Govt never respect IP's because they're communist. means that all IP that even their own people could produce, is for the Govt, the civillians dont really have power to capitalize on it.. if 1 day the leaders change, and he decided to make the product with other people IP's like stealing weapon tech, he will do just that without any law could prevent him.. lucky us that the US now is a democratic nations, so even the president is not above the law, otherwise we would all be enslaved by them.

    • @gleitsonSalles
      @gleitsonSalles 4 ปีที่แล้ว

      The same guy is critisized all over

  • @khushwantgehlot8726
    @khushwantgehlot8726 4 ปีที่แล้ว +2

    Very informative and detailed video in a comprehensive language.Thank you!

  • @JTTodd-pn5sd
    @JTTodd-pn5sd 4 ปีที่แล้ว +42

    I wish people would understand that when Drug companies raise their prices on Prescriptions Meds and respond by telling people it helps pay for their R&D yet he reality is they have had an IP on their Drug for years and years “in most cases” and is how they get their return in investment. Not by raising prices on Meds.

    • @hiw92
      @hiw92 4 ปีที่แล้ว +2

      The video totally misses this point

    • @forloop7713
      @forloop7713 4 ปีที่แล้ว

      Why raise the price and not keep it high from the beginning?

    • @habibbialikafe339
      @habibbialikafe339 3 ปีที่แล้ว +1

      @@forloop7713 they face potential legal scrutiny. instead they make it expensive before expiration where it makes them money but too soon so legislation cant go through the government

    • @habibbialikafe339
      @habibbialikafe339 3 ปีที่แล้ว +1

      bro idk what ur even tryna say. third dude out of the last 5 in the comment section that dont know what puncuation is lol

    • @Longtack55
      @Longtack55 3 ปีที่แล้ว

      Don't buy them

  • @chafacorpTV
    @chafacorpTV 4 ปีที่แล้ว +35

    Funny that y'all talk about the "importance of trademarks" and not about the right to repair.

    • @PHlophe
      @PHlophe 4 ปีที่แล้ว +3

      You got me thinking that i need t get that Cantu shampoo and hair grease.

    • @chafacorpTV
      @chafacorpTV 4 ปีที่แล้ว

      @@PHlophe it works wonders on dry hair. bought it cuz it shares my name, but stayed for my awesome and shiny hair

    • @Alex632
      @Alex632 3 ปีที่แล้ว

      I have no idea what this means.

  • @hudortunnel9784
    @hudortunnel9784 4 ปีที่แล้ว +7

    The answer: it represents how to monetize products and services.
    Also, it is also the payment of one's ingenuity and hard work to develop products and services as well as a symbol of good will.

  • @kraken-sx2ys
    @kraken-sx2ys 4 ปีที่แล้ว

    Thanks for the video!! :)

  • @sanbetski
    @sanbetski 4 ปีที่แล้ว +11

    2:34 lawyer looks a 9 year old boy

  • @th-fb1nl
    @th-fb1nl 4 ปีที่แล้ว +10

    For americans: IP means Intellectual Property
    For rest:- IP means Internet Protocol.
    I clicked the video to realize, it was not what i was expecting.

    • @Alex632
      @Alex632 3 ปีที่แล้ว

      For anyone with brains it means both.

    • @th-fb1nl
      @th-fb1nl 3 ปีที่แล้ว

      @@Alex632 for everyone with brains it was a joke...why are you always serious..please do laugh sometimes..

  • @pickin7654
    @pickin7654 4 ปีที่แล้ว +45

    China has IP Man whose good at kung fu. It is hard to fight them.

  • @glorious_help
    @glorious_help 4 ปีที่แล้ว

    Informative video thanks

  • @sudevvs1004
    @sudevvs1004 4 ปีที่แล้ว +4

    Well explained👏

  • @davidck1
    @davidck1 4 ปีที่แล้ว +9

    2:33 catch him if you can... staff attorney impersonating kid?

  • @jenicekfialka4495
    @jenicekfialka4495 4 ปีที่แล้ว +34

    1:40 mouse :)

    • @MrAutore
      @MrAutore 4 ปีที่แล้ว +19

      I think that’s a squirrel. They hop like that.

    • @saarthakkhanna1218
      @saarthakkhanna1218 4 ปีที่แล้ว +1

      Nice

    • @harrykim9914
      @harrykim9914 4 ปีที่แล้ว +1

      Lol..add

    • @TahirAli-ri3hn
      @TahirAli-ri3hn 4 ปีที่แล้ว +3

      Good catch but it was squirrel 😉

    • @Performak_YT
      @Performak_YT 4 ปีที่แล้ว +1

      Mickey Mouse

  • @MartinNew14
    @MartinNew14 4 ปีที่แล้ว +40

    IP is when the first cars were invented in france and germany but us ended up copying them🤔

    • @bob14775523
      @bob14775523 4 ปีที่แล้ว +10

      That's not really IP, you cant copyright a Car

    • @TheDiscrazy
      @TheDiscrazy 4 ปีที่แล้ว

      Uh, no.

    • @seanjackson6305
      @seanjackson6305 4 ปีที่แล้ว

      the car was patented.

    • @norvaysuavez5549
      @norvaysuavez5549 4 ปีที่แล้ว +9

      Oh for ex: the first computer was invented by allan turing but us ended up copying on it.🤔🤔🤔🤔

    • @dnguyen787
      @dnguyen787 4 ปีที่แล้ว +1

      You have no idea what you are talking about. You can't even distinguish between copyrighted and innovation! Do you think that Burger King stealing ideas from McDonald's?

  • @JoelJohnJs
    @JoelJohnJs 4 ปีที่แล้ว +1

    Good Work 😀

  • @Renould2010
    @Renould2010 4 ปีที่แล้ว +5

    Great insight CNBC, I need to create a Trademark

  • @Junkman2008
    @Junkman2008 4 ปีที่แล้ว +6

    Here I was wondering why the US and China were fighting over IP addresses.

    • @PHlophe
      @PHlophe 4 ปีที่แล้ว

      i just asked Gredda Thunbug to give us the answer.

  • @gauravjha8938
    @gauravjha8938 4 ปีที่แล้ว +1

    Wasn't that a squirrel @1:40...?🤪

  • @jasonpeng5798
    @jasonpeng5798 4 ปีที่แล้ว +1

    IP is intellectual property. Because patents mean a company owns copyright rights and can create a temporary Monopoly on a product, the more ip, the better. There. Saved you 11 minutes.

  • @JamesLee해외주식
    @JamesLee해외주식 4 ปีที่แล้ว +6

    Swoosh~~~~ and comes a Big Mac.

  • @captainnemo2150
    @captainnemo2150 4 ปีที่แล้ว +39

    Can the coronavirus be trademarked?

    • @yiweichan1014
      @yiweichan1014 4 ปีที่แล้ว +9

      How about influenza virus that killed 7000 in the state and no mainstream media cover about it

    • @ajinkyamehere5365
      @ajinkyamehere5365 4 ปีที่แล้ว +5

      Not cool man. Viruses don't look at governments before causing havoc. It can happen anywhere.

    • @nameunko
      @nameunko 4 ปีที่แล้ว

      CDC already patented the virus.

    • @Clarity520
      @Clarity520 4 ปีที่แล้ว

      I thought Disney already bought it

    • @Ardkun00
      @Ardkun00 4 ปีที่แล้ว +1

      No, it belongs to Grupo Modelo.

  • @Breadcrumbs2
    @Breadcrumbs2 4 ปีที่แล้ว +1

    At first I thought they were talking about the IPv4. There are so many octets that you can use but then I realized that IPv4 is only used locally, because for electronics we use IPv6 which will never run out

  • @GraV21
    @GraV21 4 ปีที่แล้ว +1

    @1:40ish, if you look behind her, just to the right and up where that framed globe object is, why is the bolt pattern different from the one just above and left of it? It has 6 bolts while that one only has 5. Seems all the other ones have 6 as well. I need to know!

    • @BWater-yq3jx
      @BWater-yq3jx 4 ปีที่แล้ว +1

      That one's a Chinese copy.
      ... and you definitely have too much time on your hands 😏
      And so do I, because I bothered to have a look 😄

  • @VimeleosZen
    @VimeleosZen 4 ปีที่แล้ว +5

    competition is good isn’t it? why does it sound like a battle where there’s an eventual “single winner”

  • @user-nn7mg3bp4u
    @user-nn7mg3bp4u 4 ปีที่แล้ว +53

    1:40 old rat just got copyrighted

    • @SpiritsBB
      @SpiritsBB 4 ปีที่แล้ว +11

      It's a squirrel

    • @axa.axa.
      @axa.axa. 4 ปีที่แล้ว

      @@SpiritsBB hey cool it with your societal bias, where OPs from they don't have squirrels, just rats.

    • @SpiritsBB
      @SpiritsBB 4 ปีที่แล้ว

      @@axa.axa. I don't have anything against Russians if that's what you're referring to. If anything I trust them a little more.

    • @axa.axa.
      @axa.axa. 4 ปีที่แล้ว +2

      @@SpiritsBB /s
      Obviously OP needs to educated themselves on the fauna.

  • @legalese
    @legalese 3 ปีที่แล้ว +2

    To encourage inventions through patent system from those who otherwise wouldn’t do it, spot on

  • @justinfowler2857
    @justinfowler2857 4 ปีที่แล้ว

    Now patents are used to slightly tweak existing products simply to keep competitors out of the market.

  • @armanke13
    @armanke13 4 ปีที่แล้ว +14

    Chinese knockoffs also catching up, just look at phones..

    • @YukiPyro
      @YukiPyro 4 ปีที่แล้ว +6

      China's biggest company Hauwei, Was reported to be the reason why many Canadian Tech companies closed down.

    • @peppapigthekiller7539
      @peppapigthekiller7539 4 ปีที่แล้ว +1

      Yeah, but they don’t really invent. They copy. The only smartphone I like was the original iPhone. But everything else is just a big copy. And if you look from a large perspective, nothing ever changes when new phones come out.

    • @lollymanna
      @lollymanna 4 ปีที่แล้ว +4

      @@peppapigthekiller7539 The iphone is a copy.
      And there,s nothing special or innovative about a phone. Except to fanboys off course.
      The real innovation is not the phones themselves but things like 5g. And huawei is slaying there.
      Are American companies really innovative?
      Some, yes.
      But Facebook is a big copycat. Tried to copy china,s tiktok but failed miserably.

    • @olivers-g4021
      @olivers-g4021 4 ปีที่แล้ว +3

      @@lollymanna lmao how did it copy tiktok? Facebook was the original company, and has instagram and whatsapp. Tiktok is a faze which will lose out

    • @PHlophe
      @PHlophe 4 ปีที่แล้ว +1

      @@peppapigthekiller7539 they aren't copying, we actually make our phones over there in china. if we wanted to keep most knowledge on lock then we should have been producing everything here, this means even clothes would be knitted, sewn , buttoned by 90% of white hands and paid a fair wage .

  • @ermytanio7111
    @ermytanio7111 4 ปีที่แล้ว +10

    Is this connected to the movie "IP Man"

    • @wesalois
      @wesalois 4 ปีที่แล้ว +1

      🤣🤣🤣You kidding..right!?!

  • @aliqazilbash5231
    @aliqazilbash5231 4 ปีที่แล้ว +2

    I’Ma just write it all off as “research expense”
    🤞

  • @Francois_Dupont
    @Francois_Dupont 4 ปีที่แล้ว

    0:16 what is this video from? the matches igniter thingy?

  • @biscuit343
    @biscuit343 4 ปีที่แล้ว +6

    I'm sorry. The reporter moves as if she was the button mom from Coraline.

  • @franknitty3000
    @franknitty3000 4 ปีที่แล้ว +3

    Chinese tiger mom won’t allow artistic education. Result > forget about IP.

  • @dizhichen5562
    @dizhichen5562 4 ปีที่แล้ว

    could anyone please tell me where i can get the transcript?

  • @ManunKanava
    @ManunKanava 4 ปีที่แล้ว +1

    I actually thought they were going to talk about Internet Protocols.

  • @abuferasabdullah
    @abuferasabdullah 4 ปีที่แล้ว +9

    She’s a star, this Elizabeth. Excellent report 👏🏼👏🏼

  • @DJRenee
    @DJRenee 4 ปีที่แล้ว +3

    Well, the U.S. did it to itself. They planted all of these seeds with their loyal to their own people.

  • @Senhordaverdadeabsol
    @Senhordaverdadeabsol 3 ปีที่แล้ว

    3:22 who plays dvds whenever he gave this interview ?

  • @kizhissery
    @kizhissery 4 ปีที่แล้ว +17

    They say "invention" and show Edison
    Tesla:-laughs

    • @cyborggaming9797
      @cyborggaming9797 4 ปีที่แล้ว

      Aftab Mohammed : true Edison is a cheat

    • @kizhissery
      @kizhissery 4 ปีที่แล้ว +2

      @@cyborggaming9797
      Tesla worked for Westinghouse (gentle giant) he was great and branded equipment for Tesla to discover and squire patent.
      Scientist worked for Edison were not allowed to aquire patent and discory to themselves.
      Calling Edison a "cheat " I don't think that fair.
      Since iPhone multitouch display which made iPhone a hit were developed by another small firm which was bought by Steve jobs.
      Bill gates bought DoS from another geek which helped gates to develop windows , and you know how that went?

  • @MarioRafaelM
    @MarioRafaelM 4 ปีที่แล้ว +35

    I was missing Elizabeth Schulze. Now what about patent trolls even big companies have being tricked by those it can bring a small company to the ground without the patent troll having any grounds because of the litigation cost.

    • @Mrrogersbestneighbo
      @Mrrogersbestneighbo 4 ปีที่แล้ว +5

      @Mario Rafael
      Yeah, I'm amazed they didn't bring up patent trolls. Especially after 3:40
      I mean she just ended that sentence... nothing to add there? Like one of the biggest drains on innovation in our system?
      Also 20 years is WAY too long to give a person a monopoly. That's crazy outdated considering how rapidly people can sell a new innovative product nowadays. 20 years certainly wasn't the determined amount of time after the invention of the internet. It's the reason Amazon totally dominates the online marketplace and will for a LONG time.

    • @dianapennepacker6854
      @dianapennepacker6854 ปีที่แล้ว

      Yup patent trolls should be sued for sure. The governments need to stop these people because it is literally against everything patents are suppose to do.
      Forgot the dudes name but he makes millions from just settling out of court. He does his research for sure and will hit up a company for just the right amount of money for him to go away.
      People like that should be banned from being able to sue, and counter sueing them should be easier.

  • @ua2968
    @ua2968 4 ปีที่แล้ว +35

    It's a dirty game but everyone plays it

  • @habddz
    @habddz 3 ปีที่แล้ว

    wait. Whats wrong if after 20 years, the product can be freely produced in other country? the patent is over right?

  • @theashpilez
    @theashpilez 3 ปีที่แล้ว +2

    Protecting corporate theft is a time honoured tradition

  • @moviesjean23
    @moviesjean23 4 ปีที่แล้ว +15

    Thomas Edison pattens how ironic

    • @knowledgeman86
      @knowledgeman86 4 ปีที่แล้ว +2

      We know the truth behind that..😏

    • @pratham69_
      @pratham69_ 4 ปีที่แล้ว +2

      We know that telsa was god!

    • @jen_nice2059
      @jen_nice2059 4 ปีที่แล้ว +3

      Bughatii Lovren yeah unfortunately people who file patents don’t always originate the technology

  • @narf0339
    @narf0339 4 ปีที่แล้ว +7

    everybody need to respect IP ... until USA no longer has the upper hand. cause its no longer fair.

    • @gbat2479
      @gbat2479 4 ปีที่แล้ว +6

      It's only fair if the white man is winning. That is why they had the Chinese Exclusion Act. The white union workers didn't like the local Chinese working for half the price, so they made it illegal for Chinese to immigrate here. Also Chinese were limited to being able to open laundromats, similar to the Jews being able to only open Banks in Europe. Funny, success in America is ok, only if you are white.

    • @rollerskdude
      @rollerskdude 4 ปีที่แล้ว +2

      @@gbat2479 Historically yes.
      In the modern day false.

    • @Legoguy1979
      @Legoguy1979 4 ปีที่แล้ว

      @@gbat2479 interesting you assume it was due to skin color. Answer this are Irish people white?

    • @gbat2479
      @gbat2479 4 ปีที่แล้ว

      @@Legoguy1979 Actually they are considered white. Asians have hierarchies too. But 40% of Chinese males were marrying Irish women. Both were living in slums. Of course anti-mysogynation laws were put in place so Chinese men could no longer marry Irish women. So to answer your question. Yes, Irish people are white.

    • @gbat2479
      @gbat2479 4 ปีที่แล้ว

      @@Legoguy1979 Lookup Sessue Hayakawa. He was a very famous Asian American actor in the 1920s. Had many movies with Caucasian women. All of a sudden Asian men were no longer welcome in Hollywood. How convenient. They saw an Asian American making it in Hollywood, so they had to put a stop to it.

  • @YAHVISIONRowles
    @YAHVISIONRowles 4 ปีที่แล้ว +5

    Many people do not know how important 'IP is to any economy.

  • @itachi2011100
    @itachi2011100 4 ปีที่แล้ว +3

    Patent causes innovation: Disney would like argue strongly for it, suspiciously so.

  • @lc285
    @lc285 4 ปีที่แล้ว +29

    Patents make patients. If intelligence was collaborative, there would be no wars.

    • @nhandahooker
      @nhandahooker 4 ปีที่แล้ว +2

      L C wrong.

    • @lodeo7003
      @lodeo7003 4 ปีที่แล้ว

      Get F in the hymen(look up the word hymen).

    • @olivers-g4021
      @olivers-g4021 4 ปีที่แล้ว +3

      Without patents, there would be no innovations and rewards for inventions

    • @Ardkun00
      @Ardkun00 4 ปีที่แล้ว +4

      If there are not incentives there can't be inventions.

    • @ArawnOfAnnwn
      @ArawnOfAnnwn 4 ปีที่แล้ว +1

      @@olivers-g4021 Actually there's plenty of innovations and inventions that have been made without being patented. Every open source and public license piece of tech forgoes patents - and we've all been the better off for it (as it's allowed others to freely build upon the original work). The polio vaccine by Jonas Salk was famously not patented (and indeed loads of other publicly funded innovations aren't either, which again has benefited society massively). Also, consider the flipside - by fencing off knowledge of and rights over a discovery, a lot of innovation is actually STIFLED by strong IP restrictions because it actively prevents others from further building on those inventions or even accessing their specs. Meanwhile, there are entire creative industries that effectively thrive with practically zero IP protection. Case in point, the fashion industry (albeit that's copyright rather than patents).

  • @tarawally65
    @tarawally65 4 ปีที่แล้ว +5

    Pretty much sums up my entire business law 2 course...

  • @RUHappyATM
    @RUHappyATM 4 ปีที่แล้ว

    Why are patents provided to private individuals who are employed by public universities?

  • @drd4059
    @drd4059 4 ปีที่แล้ว

    An average US patent has an economic value of about $6 million. I head a R&D company that produces 4-6 US patents per year. I make a profit by choosing R&D targets with above average economic value and keeping R&D costs per patent under $6 million. IP protection is very important to me. I am waiting to see how effective IP provisions in the US-China deal are.

  • @denzelheden4256
    @denzelheden4256 4 ปีที่แล้ว +35

    I'll register my patent this year: Doggy

  • @MrHarveyrex23
    @MrHarveyrex23 4 ปีที่แล้ว +7

    3D printing and AI technology will phase out the means of production typically tied to industry/ businesses/ conglomerates

    • @michaelgray1803
      @michaelgray1803 4 ปีที่แล้ว +1

      Ok who's going to be the customers

    • @PHlophe
      @PHlophe 4 ปีที่แล้ว

      @word not they are doing fine. its just the need for more plastic , more trash , more metal etc..

  • @chinmoys2015
    @chinmoys2015 4 ปีที่แล้ว +1

    Beautiful

  • @Wildboy789789
    @Wildboy789789 4 ปีที่แล้ว +1

    its not about nike without the swoosh... its about the 5$ coronavirus shoes with the swoosh that you paid 120$ for... brands tell u the quality of the product, without them i can bottle water from my toilet and sell it as fiji water

  • @danntrev
    @danntrev 4 ปีที่แล้ว +9

    "You can't just copy a movie and sell it"
    Lol 😂

    • @ugandaknuckles3419
      @ugandaknuckles3419 4 ปีที่แล้ว +3

      Yes you can! Westerners don’t have an open mind thats why they are weaker than the Chinese

    • @StBatu
      @StBatu 4 ปีที่แล้ว +4

      @@ugandaknuckles3419 open mind?
      Weaker?
      Or do you even know what you are talking about?

    • @ugandaknuckles3419
      @ugandaknuckles3419 4 ปีที่แล้ว +1

      St. Batu yes I do. You westerners just care about a piece of drawing that makes money.

    • @StBatu
      @StBatu 4 ปีที่แล้ว +1

      You can't... Meaning illegal, not impossible. As in, you can't just go around stealing cars.

    • @ugandaknuckles3419
      @ugandaknuckles3419 4 ปีที่แล้ว +4

      St. Batu That’s exactly why you westerners don’t have an open mind. These brands are in China and your laws don’t apply. You think that every country should follow America’s rules.

  • @ronienayvejr.4659
    @ronienayvejr.4659 4 ปีที่แล้ว +4

    1:42 saw the frog 🐸 Hopping on the ground 😂

    • @BWater-yq3jx
      @BWater-yq3jx 4 ปีที่แล้ว +1

      I've now read... frog, mouse, rat, and squirrel!
      🤔 I'm going with squirrel

    • @0Turbox
      @0Turbox 4 ปีที่แล้ว +2

      @@BWater-yq3jx I'm still waiting for Pokemon......

  • @alexrobidoux2062
    @alexrobidoux2062 4 ปีที่แล้ว

    Man... I was hoping to learn something I didn't know about Internet Protocol Addresses, not Intelectual Property... next!

  • @stevestrickland7314
    @stevestrickland7314 4 ปีที่แล้ว +1

    patents are a joke...

  • @lafkdjay
    @lafkdjay 4 ปีที่แล้ว +2

    Luckin coffee tastes sooo much better than Starbucks swill.

  • @triadwarfare
    @triadwarfare 4 ปีที่แล้ว +4

    Copyright is not valuable as people think. There's a reason why Adobe software is overpriced as it is.

    • @gpk1982
      @gpk1982 4 ปีที่แล้ว

      Please explain - I’m not understanding. (I think Adobe products are overpriced & is like to know why.

  • @sanbetski
    @sanbetski 4 ปีที่แล้ว

    should also discuss patent trolls

  • @testaccount603
    @testaccount603 4 ปีที่แล้ว

    The main purpose of Patents is to generate enormous revenue for patent lawyers from applications. I know people who have spent $50,000 plus on patents for products before they’ve even sold anything!

    • @Styxblade
      @Styxblade 4 ปีที่แล้ว

      You're an idiot.

  • @Mojavekight17
    @Mojavekight17 4 ปีที่แล้ว +4

    Money money money 💰

  • @ShamikChatterjee
    @ShamikChatterjee 4 ปีที่แล้ว +13

    TH-cam cc: Nike without the "swoosh"

  • @songng2081
    @songng2081 3 ปีที่แล้ว

    How can it be theft when you agreed to the agreement ?

  • @erickrcisneros
    @erickrcisneros 3 ปีที่แล้ว

    Lost in translation. Copyrights to them mean, copy right?

  • @manengelo8427
    @manengelo8427 4 ปีที่แล้ว +5

    2:35 20 years is not a short period of time

    • @qwer-tj5ob
      @qwer-tj5ob 4 ปีที่แล้ว +2

      Manengelo that’s 1/3 to 1/4 of a persons life.

    • @lashenresh4675
      @lashenresh4675 4 ปีที่แล้ว +4

      Well once its takes so much of work that can last for years and a lot of money before a successful invention is invented. So I think they deserve it comparing ti their working g hours it may be a short period

    • @calvinhoward3808
      @calvinhoward3808 4 ปีที่แล้ว

      @@lashenresh4675 depends. Some patents like in pharmacy are for slight modifications to keep prices high and competition low.

    • @GraV21
      @GraV21 4 ปีที่แล้ว

      It’s also not a long period of time either. It’s all about perspective

  • @fharrison3011
    @fharrison3011 4 ปีที่แล้ว +5

    "IP is the source of creation"
    China has entered the chat

  • @scottwarwick7514
    @scottwarwick7514 3 ปีที่แล้ว +1

    Employee at the Patent and Trademark Office: Finally! I’ve discovered a cure for cancer!!
    Patent and Trademark Office: You better forget that idea right now.

  • @nswanberg
    @nswanberg 4 ปีที่แล้ว

    Nobody forces US companies to give up intellectual property rights to China. American executive management willingly does it for short term gains that enhance their stock options and bonus compensation.

  • @nationnexusnavigator
    @nationnexusnavigator 4 ปีที่แล้ว +7

    Patents have been stifling economic growth and competition in the US long before China. The big companies took hold of the patents and hoarded them without actually producing anything with them, yet preventing small startups from developing such technology. The patent laws are flawed.

    • @jokobodo4696
      @jokobodo4696 2 ปีที่แล้ว +3

      you mean you dont want to acknowledge the hard work the patent holders did in researching their works?

    • @pandazsleeping7038
      @pandazsleeping7038 ปีที่แล้ว

      @@jokobodo4696 if the person who came up with the patent owns it then fine not trillion-dollar companies like apple who have no need for them

    • @d.o.g573
      @d.o.g573 ปีที่แล้ว

      @@pandazsleeping7038 but if the engineer is working for Apple it’s apples patent…simple

  • @jascrandom9855
    @jascrandom9855 4 ปีที่แล้ว +6

    I think the US should pass a law of Reciprocal Trade Conditions:
    -The US would Tariff products at the same rate as the other country does for those same products coming from the US.
    -If the other country obligates US companies to partner up with a local companies and give up their IP, then companies of that country will also face such obligation.
    -If the other country imposes Quotas on certain products, the US will impose equivalent Quotas on those same products.
    -If the other country changes their trade policy in these areas, then the US would also do so accordingly in an automatic way.

  • @ichsansandi4101
    @ichsansandi4101 4 ปีที่แล้ว

    No one is talking about consumer.. Imo, we as a consumer is affected indirectly, especially in the IT sector. Positively, we got a chance to experience the latest, the most advanced technologies, since it innovated rapidly. The price says it all.

  • @BirdTurdMemes
    @BirdTurdMemes 4 ปีที่แล้ว

    The time that a patent is valid should be cut in half from 25 years to 12, it’s hurting technological advance

  • @jasonpeng5798
    @jasonpeng5798 4 ปีที่แล้ว +2

    this is basically the video: IP is intellectual property. Because patents mean a company owns copyright rights and can create a temporary Monopoly on a product, the more ip, the better.
    There. Saved you 11 minutes.

  • @BabarKhanJaved
    @BabarKhanJaved 4 ปีที่แล้ว +3

    The US does this too, China didn't invent this anti capitalist countermeasure.

  • @williamcafuski4060
    @williamcafuski4060 3 ปีที่แล้ว +1

    The best way for the Chinese people to understand the importance of IP is when THEY are placed in defending position of their designs or trademarks. The best example of these is how they are "defending" their position in the tiktok transaction. By the way, don't ever think a signed agreement with the Chinese will be honored....

    • @d.o.g573
      @d.o.g573 ปีที่แล้ว

      But the Chinese market doesn’t innovates anything new - it just copies and replicates things from other westerners

  • @juvent.h6699
    @juvent.h6699 4 ปีที่แล้ว

    Seen and understood

  • @diratoba
    @diratoba 4 ปีที่แล้ว +3

    Buy American

  • @thyslop1737
    @thyslop1737 4 ปีที่แล้ว +3

    So, the Director of the Patents Office for the U.S. is not even American?

    • @xjmdm
      @xjmdm 4 ปีที่แล้ว

      would you look at that

  • @ronaldoalv17
    @ronaldoalv17 4 ปีที่แล้ว +2

    The last words of the guy sounds too envy and fishy

  • @twostepz4982
    @twostepz4982 3 ปีที่แล้ว

    China’s IP best way to sneak around US IP? Tik Tok.

  • @taiyuguo6672
    @taiyuguo6672 3 ปีที่แล้ว +3

    Even going by this documentary's narrative, it sounds like:
    China: Want a share of my market? Sure, give me your IP
    US: There you go!
    A while later
    US: You stole my IP!

  • @hectorb8914
    @hectorb8914 4 ปีที่แล้ว +3

    America (spongebob): *Invents something*
    China (Patrick): “I’ll be taking that!”
    😂😂

  • @CCMphilip
    @CCMphilip 4 ปีที่แล้ว +1

    1. Curious if the the US telecom companies would pay for Huawei's 5G IPs ????
    2. Or would the US court or government just simply "dismiss" Huawei's IP claims just because the WH blacklist its products into the US.. ???
    3. I rise these questions because some Florida politician wanted to pass such a law.. !!!! Isn't such a law would fully contradict and discriminate the basic spirit of the IP law in the first place.. ??? Would this law than constitute "US government piracy" ???
    4. Your comment please..

  • @Arch497
    @Arch497 2 ปีที่แล้ว

    What about US not paying for Romania's IP regarding the mineriad given what happened on January 2021. Times are tough and can't gather 100$ together huh?