Monday, 29 August 2011

Tech jobs vaporized as patent war goes nuclear

Think what Google could do with $6 billion. Think of the research that would spawn new products, advance innovation, and create who knows how many thousands of good jobs up and down the technology food chain. Instead, that money is going to buy patents.

Worse, not only will those jobs not be created, existing jobs will be lost as the patent arms race goes nuclear and more and more companies are acquired for their patent portfolios and then discarded -- along with their employees.

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