Nathan Myhrvold’s Intellectual Ventures loses patent case →
The best part:
The two financial “inventions” tossed out on Wednesday didn’t originate in IV’s labs, nor with programmers or any bank—they both came from the homes of patent lawyers.
People with vested interests in the patent system keep championing the ideal of the “individual inventor”, but it’s mostly a myth. Patents benefit only patent lawyers and the richest corporations able to afford them.