Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.”
X’s current owner Elon Musk quickly replied, “I agree.”
Thank you. These arguments are always hard to read. Sure, small labs are where it usually starts, but without enormous and risky investments, we would never have the drugs we have today. Most of these investments fail miserably, so one successful drug must cover the costs of ten unsuccessful ones. Nobody would do that if their IP weren’t protected. It’s more about reputation than facts when it comes to this topic.
Unless it were completely government funded, but that’s clearly not was Illegal Immigrant Billionaire Elon Musk and the Orange Felon are proposing so yeah, IP Laws applying to Pharmaceuticals all the way.