Why The U.S. And China Fight Over IP

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  • Опубликовано: 7 фев 2025
  • 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

Комментарии •

  • @nickgehr6916
    @nickgehr6916 5 лет назад +675

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

  • @medicjack8943
    @medicjack8943 5 лет назад +490

    Thought they were talking about network IP

    • @WarriornM
      @WarriornM 5 лет назад +12

      Same here

    • @thevoyageof67
      @thevoyageof67 5 лет назад +10

      Me too😂

    • @nordette
      @nordette 5 лет назад +4

      Yup

    • @AbdirahiimYa
      @AbdirahiimYa 5 лет назад +3

      Same

    • @digitalkov
      @digitalkov 5 лет назад +11

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

  • @Supermrloo
    @Supermrloo 5 лет назад +295

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

    • @michaelgray1803
      @michaelgray1803 5 лет назад +11

      Nobody cares

    • @jzk2020
      @jzk2020 5 лет назад

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

    • @Yorkil
      @Yorkil 5 лет назад +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 5 лет назад +8

      Whats a DVD!!?

    • @ritzkola2302
      @ritzkola2302 5 лет назад +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 5 лет назад +171

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

    • @habibbialikafe339
      @habibbialikafe339 4 года назад +5

      punctuation my friend

    • @dizzybear7472
      @dizzybear7472 4 года назад +8

      habibbi alikafe Capitalization and punctuation, my friend.

    • @pikachus5m166
      @pikachus5m166 4 года назад +1

      Backed by banksters and stiffed Tesla.

    • @zhxiaol
      @zhxiaol 4 года назад +3

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

    • @deadwingdomain
      @deadwingdomain 4 года назад +3

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

  • @rwhunt99
    @rwhunt99 5 лет назад +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.

  • @pratham69_
    @pratham69_ 5 лет назад +60

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

    • @Dave102693
      @Dave102693 5 лет назад

      Lol

    • @armitylekhona585
      @armitylekhona585 5 лет назад

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

    • @HaliHali2024
      @HaliHali2024 5 лет назад

      @@armitylekhona585 may sound like that

    • @loktom4068
      @loktom4068 5 лет назад

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

  • @RoundupResistance
    @RoundupResistance 5 лет назад +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.

  • @dhavalchheda1626
    @dhavalchheda1626 5 лет назад +106

    IP and Edison don't go well together.

  • @StBatu
    @StBatu 5 лет назад +86

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

    • @ThomasFoolery8
      @ThomasFoolery8 5 лет назад +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 5 лет назад

      @@ThomasFoolery8 China isn't an ethnostate

    • @Clarity520
      @Clarity520 5 лет назад

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

    • @Ardkun00
      @Ardkun00 5 лет назад +7

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

    • @ericcartmann
      @ericcartmann 5 лет назад +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.

  • @membear
    @membear 5 лет назад +178

    I was guessing Internet Protocol.

    • @Junkman2008
      @Junkman2008 5 лет назад

      Yep!

    • @JigilJigil
      @JigilJigil 5 лет назад +4

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

    • @bearbuster157
      @bearbuster157 5 лет назад

      membear
      Information Processing here

  • @fjlkagudpgo4884
    @fjlkagudpgo4884 5 лет назад +53

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

  • @th-fb1nl
    @th-fb1nl 5 лет назад +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 4 года назад +1

      For anyone with brains it means both.

    • @th-fb1nl
      @th-fb1nl 4 года назад

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

  • @ArawnOfAnnwn
    @ArawnOfAnnwn 5 лет назад +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 5 лет назад +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 5 лет назад +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 5 лет назад +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 5 лет назад +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 5 лет назад

      The same guy is critisized all over

  • @chicagodaddy1
    @chicagodaddy1 5 лет назад +152

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

    • @Duraltia
      @Duraltia 5 лет назад +16

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

    • @OutSideTheBoxFormat
      @OutSideTheBoxFormat 5 лет назад +27

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

    • @yatox8
      @yatox8 5 лет назад +7

      It's a girl

    • @eugenechin2863
      @eugenechin2863 5 лет назад +3

      LoL I thought he was a she

    • @leeleeemeemememe2465
      @leeleeemeemememe2465 5 лет назад

      @@eugenechin2863 your probably correct

  • @pickin7654
    @pickin7654 5 лет назад +45

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

  • @JTTodd-pn5sd
    @JTTodd-pn5sd 5 лет назад +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 5 лет назад +2

      The video totally misses this point

    • @forloop7713
      @forloop7713 4 года назад

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

    • @habibbialikafe339
      @habibbialikafe339 4 года назад +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 4 года назад +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 4 года назад

      Don't buy them

  • @chafacorpTV
    @chafacorpTV 5 лет назад +35

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

    • @PHlophe
      @PHlophe 5 лет назад +3

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

    • @chafacorpTV
      @chafacorpTV 5 лет назад

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

    • @Alex632
      @Alex632 4 года назад

      I have no idea what this means.

  • @hudortunnel9784
    @hudortunnel9784 5 лет назад +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.

  • @davidck1
    @davidck1 5 лет назад +9

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

  • @michael511128
    @michael511128 4 года назад +2

    Don’t worry, rich Chinese will hire American chauffeur, you’ll get a job.

  • @sanbetski
    @sanbetski 5 лет назад +11

    2:34 lawyer looks a 9 year old boy

  • @jasonpeng5798
    @jasonpeng5798 5 лет назад +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.

  • @80budokai
    @80budokai 5 лет назад +7

    CNBC, great video! Enjoy your Saturday!😍

  • @MartinNew14
    @MartinNew14 5 лет назад +40

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

    • @bob14775523
      @bob14775523 5 лет назад +10

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

    • @TheDiscrazy
      @TheDiscrazy 5 лет назад

      Uh, no.

    • @seanjackson6305
      @seanjackson6305 5 лет назад

      the car was patented.

    • @norvaysuavez5549
      @norvaysuavez5549 5 лет назад +9

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

    • @dnguyen787
      @dnguyen787 5 лет назад +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?

  • @Junkman2008
    @Junkman2008 5 лет назад +6

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

    • @PHlophe
      @PHlophe 5 лет назад

      i just asked Gredda Thunbug to give us the answer.

  • @DJRenee
    @DJRenee 5 лет назад +3

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

  • @narf0339
    @narf0339 5 лет назад +7

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

    • @gbat2479
      @gbat2479 5 лет назад +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 5 лет назад +2

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

    • @03HemiCentralIN
      @03HemiCentralIN 5 лет назад

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

    • @gbat2479
      @gbat2479 5 лет назад

      @@03HemiCentralIN 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 5 лет назад

      @@03HemiCentralIN 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.

  • @Wildboy789789
    @Wildboy789789 5 лет назад +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

  • @sudevvs1004
    @sudevvs1004 5 лет назад +4

    Well explained👏

  • @gauravjha8938
    @gauravjha8938 5 лет назад +1

    Wasn't that a squirrel @1:40...?🤪

  • @jenicekfialka4495
    @jenicekfialka4495 5 лет назад +34

    1:40 mouse :)

  • @tolethom
    @tolethom 5 лет назад +1

    China is not stealing intellectual property, it is a quid pro quo agreement in compensation for the access to chinese market and chinese labour force

    • @Kb-go5qm
      @Kb-go5qm 5 лет назад

      Wait, didn't China's economy benefit immensely from their labour force? So no, there is no such agreement

    • @tolethom
      @tolethom 5 лет назад

      @@Kb-go5qm why the American companies dont leave China then

    • @Kb-go5qm
      @Kb-go5qm 5 лет назад

      @@tolethom big market, anyone who runs a company big or small, no matter from where in the world greatly desires to have a solid foot hold in not only the Chinese market but the Indian one too. It's essentially a gold mine. But the requirements from the Chinese government in order for a company to operate in the country are extremely unethical and in many cases unreasonable. And the lack of rule of law there only makes things worse. But many companies are willing to take the risk as the potential gain is incredible.

  • @ПопулярновБългария
    @ПопулярновБългария 5 лет назад +53

    1:40 old rat just got copyrighted

    • @SpiritsBB
      @SpiritsBB 5 лет назад +11

      It's a squirrel

    • @axa.axa.
      @axa.axa. 5 лет назад

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

    • @SpiritsBB
      @SpiritsBB 5 лет назад

      @@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. 5 лет назад +2

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

  • @TheDnlnext
    @TheDnlnext 5 лет назад +2

    The Chinese developed and trademarked the corona virus.

    • @sammierose1150
      @sammierose1150 5 лет назад +2

      TheDnlnext and I oopp 🐸🍵 don’t forget the bubonic plague 🤭

    • @TheDnlnext
      @TheDnlnext 5 лет назад

      Samantha Murphy-Keller - and the kungflu too 😷

    • @emc2wtf
      @emc2wtf 5 лет назад

      that is true.we are creater

  • @franknitty3000
    @franknitty3000 5 лет назад +3

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

  • @theashpilez
    @theashpilez 4 года назад +2

    Protecting corporate theft is a time honoured tradition

  • @captainnemo2150
    @captainnemo2150 5 лет назад +39

    Can the coronavirus be trademarked?

    • @yiweichan1014
      @yiweichan1014 5 лет назад +9

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

    • @ajinkyamehere5365
      @ajinkyamehere5365 5 лет назад +5

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

    • @nameunko
      @nameunko 5 лет назад

      CDC already patented the virus.

    • @Clarity520
      @Clarity520 5 лет назад

      I thought Disney already bought it

    • @Ardkun00
      @Ardkun00 5 лет назад +1

      No, it belongs to Grupo Modelo.

  • @kraken-sx2ys
    @kraken-sx2ys 5 лет назад

    Thanks for the video!! :)

  • @armanke13
    @armanke13 5 лет назад +14

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

    • @YukiPyro
      @YukiPyro 5 лет назад +6

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

    • @peppapigthekiller7539
      @peppapigthekiller7539 5 лет назад +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 5 лет назад +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 5 лет назад +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 5 лет назад +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 .

  • @khushwantgehlot8726
    @khushwantgehlot8726 5 лет назад +2

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

  • @jasonpeng5798
    @jasonpeng5798 5 лет назад +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.

  • @jascrandom9855
    @jascrandom9855 5 лет назад +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.

  • @ronienayvejr.4659
    @ronienayvejr.4659 5 лет назад +4

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

    • @BWater-yq3jx
      @BWater-yq3jx 5 лет назад +1

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

    • @0Turbox
      @0Turbox 5 лет назад +2

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

  • @williamcafuski4060
    @williamcafuski4060 4 года назад +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 Год назад

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

  • @lc285
    @lc285 5 лет назад +29

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

    • @nhandahooker
      @nhandahooker 5 лет назад +2

      L C wrong.

    • @lodeo7003
      @lodeo7003 5 лет назад

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

    • @olivers-g4021
      @olivers-g4021 5 лет назад +3

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

    • @Ardkun00
      @Ardkun00 5 лет назад +4

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

    • @ArawnOfAnnwn
      @ArawnOfAnnwn 5 лет назад +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).

  • @legalese
    @legalese 3 года назад +2

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

  • @YAHVISIONRowles
    @YAHVISIONRowles 5 лет назад +5

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

  • @scottwarwick7514
    @scottwarwick7514 4 года назад +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.

  • @abuferasabdullah
    @abuferasabdullah 5 лет назад +9

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

  • @steve0t107
    @steve0t107 5 лет назад

    6:00: "It took 125 years to issue 1M patents, and it only took 5 years to issue the last million, that tells you the speed of innovation" --- It also shows the rise of patent trolls filling for vague nonsense patents so they can sue inventors who come up with anything remotely similar

  • @VimeleosZen
    @VimeleosZen 5 лет назад +5

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

  • @testaccount603
    @testaccount603 5 лет назад

    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!

  • @ua2968
    @ua2968 5 лет назад +35

    It's a dirty game but everyone plays it

  • @drd4059
    @drd4059 5 лет назад

    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.

  • @biscuit343
    @biscuit343 5 лет назад +6

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

  • @CanadaMMA
    @CanadaMMA 3 года назад +1

    This piece is leaving out HUGE amounts of information about trademarks and copyrights. There is nothing in here about how companies like Disney have manipulated copyright law to block competition and stifle innovation. Star Wars should be in the public domain by now. But thanks to Disney lobbying congress, it won't be there until 2070, if at all.
    Seems like something worth mentioning when you talk about how copyrights are good things.

  • @kizhissery
    @kizhissery 5 лет назад +17

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

    • @cyborggaming9797
      @cyborggaming9797 5 лет назад

      Aftab Mohammed : true Edison is a cheat

    • @kizhissery
      @kizhissery 5 лет назад +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?

  • @ichsansandi4101
    @ichsansandi4101 5 лет назад

    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.

  • @ermytanio7111
    @ermytanio7111 5 лет назад +10

    Is this connected to the movie "IP Man"

    • @wesalois
      @wesalois 5 лет назад +1

      🤣🤣🤣You kidding..right!?!

  • @mrwoody1413
    @mrwoody1413 4 года назад +2

    Why would we respect Chinese patents when they don’t respect ours?

  • @taiyuguo6672
    @taiyuguo6672 4 года назад +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!

  • @glorious_help
    @glorious_help 5 лет назад

    Informative video thanks

  • @MarioRafaelM
    @MarioRafaelM 5 лет назад +34

    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 5 лет назад +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 2 года назад

      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.

  • @twostepz4982
    @twostepz4982 4 года назад

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

  • @triadwarfare
    @triadwarfare 5 лет назад +4

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

    • @gpk1982
      @gpk1982 5 лет назад

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

  • @Breadcrumbs2
    @Breadcrumbs2 5 лет назад +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

  • @hectorb8914
    @hectorb8914 5 лет назад +3

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

  • @brennencox516
    @brennencox516 5 лет назад +2

    11:06 "Chinese (CCP) led" yup, censored to meaninglessness.

  • @JamesLee해외주식
    @JamesLee해외주식 5 лет назад +6

    Swoosh~~~~ and comes a Big Mac.

  • @EloiseInParis
    @EloiseInParis 5 лет назад

    It's almost as if the consequences of shipping 95% of manufacturing to China because of cheap labor is finally affecting the mega-rich. So NOW it's a problem.
    For small inventors and artists, it makes creating anything and gaining profit from it extremely difficult. There is a report here on how small companies came up with an idea, did all the R&D, then had to manufacture in China and getting their work stolen. The cheaper (often worse made) version pops up on the internet on another site and people don't know the difference. Why spend $10 on the "same thing" that costs $1. I've seen it a lot on Instagram where artists make pins, Tshirts, etc of their own designs, then some Chinese company full-on copies the design and the artist has no recourse. Because Chinese law always favors their citizens over foreigners, no matter the argument.

  • @moviesjean23
    @moviesjean23 5 лет назад +15

    Thomas Edison pattens how ironic

    • @knowledgeman86
      @knowledgeman86 5 лет назад +2

      We know the truth behind that..😏

    • @pratham69_
      @pratham69_ 5 лет назад +2

      We know that telsa was god!

    • @jen_nice2059
      @jen_nice2059 5 лет назад +3

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

  • @GraV21
    @GraV21 5 лет назад +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 5 лет назад +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 😄

  • @danntrev
    @danntrev 5 лет назад +8

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

    • @ugandaknuckles3419
      @ugandaknuckles3419 5 лет назад +3

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

    • @StBatu
      @StBatu 5 лет назад +4

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

    • @ugandaknuckles3419
      @ugandaknuckles3419 5 лет назад +1

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

    • @StBatu
      @StBatu 5 лет назад +1

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

    • @ugandaknuckles3419
      @ugandaknuckles3419 5 лет назад +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.

  • @JoelJohnJs
    @JoelJohnJs 5 лет назад +1

    Good Work 😀

  • @denzelheden4256
    @denzelheden4256 5 лет назад +35

    I'll register my patent this year: Doggy

  • @BirdTurdMemes
    @BirdTurdMemes 5 лет назад

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

  • @MrHarveyrex23
    @MrHarveyrex23 5 лет назад +7

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

    • @michaelgray1803
      @michaelgray1803 5 лет назад +1

      Ok who's going to be the customers

    • @PHlophe
      @PHlophe 5 лет назад

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

  • @ClapBoomBoom
    @ClapBoomBoom 5 лет назад

    If you willingly agreed to sell your products in China knowing that the IP can only protected for 5 to 10 years, can you still call it IP "theft"?

  • @itachi2011100
    @itachi2011100 5 лет назад +3

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

  • @justinfowler2857
    @justinfowler2857 5 лет назад

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

  • @BabarKhanJaved
    @BabarKhanJaved 5 лет назад +3

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

  • @RoodeMenon
    @RoodeMenon 5 лет назад

    Because the Chinese don't care and only follow their own rules. If you still want to do business with them with your original idea then its your risk.

  • @manengelo8427
    @manengelo8427 5 лет назад +5

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

    • @qwer-tj5ob
      @qwer-tj5ob 5 лет назад +2

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

    • @lashenresh4675
      @lashenresh4675 5 лет назад +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 5 лет назад

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

    • @GraV21
      @GraV21 5 лет назад

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

  • @RudieObias
    @RudieObias 5 лет назад

    Yeah, but before the 20 years are up, drug manufacturers tweak the patient just enough to qualify for a new one. It's why insulin and EpiPens are over $300 per dose retail. Where's the innovation there?

  • @tarawally65
    @tarawally65 5 лет назад +5

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

  • @ManunKanava
    @ManunKanava 5 лет назад +1

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

  • @Renould2010
    @Renould2010 5 лет назад +5

    Great insight CNBC, I need to create a Trademark

  • @RUHappyATM
    @RUHappyATM 5 лет назад

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

  • @yvess3010
    @yvess3010 5 лет назад +7

    The presenter on this piece is terrible. Sounds like a 3rd grade teacher.

  • @themiddlekingdom9121
    @themiddlekingdom9121 5 лет назад

    Why the U S bans Huawei its equipment to sell into U S telecom ?
    But the Chinese bought U S technologies into their telecom companies.

  • @Mojavekight17
    @Mojavekight17 5 лет назад +4

    Money money money 💰

  • @mikumikuiyada
    @mikumikuiyada 4 года назад

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

  • @ShamikChatterjee
    @ShamikChatterjee 5 лет назад +13

    RUclips cc: Nike without the "swoosh"

  • @MrKen59
    @MrKen59 5 лет назад +1

    The people who lose are the individuals who no longer have a voice.

    • @PHlophe
      @PHlophe 5 лет назад

      those who had it were rich to start with

  • @lafkdjay
    @lafkdjay 5 лет назад +2

    Luckin coffee tastes sooo much better than Starbucks swill.

  • @boricuaboy4e
    @boricuaboy4e 5 лет назад +1

    Can we talk about IP's for medications that can save patients lives, yet they're so unaffordable that patients forego filling or refilling prescriptions because IP's (or patents) on medications prevent other companies from producing a cheaper/generic form??!!???? #ItsRigged

    • @BWater-yq3jx
      @BWater-yq3jx 5 лет назад

      I've invested in a few pharmaceutical companies.
      It takes a lot of money to develop and trial a drug to marketable stage.
      High risk, many fail.
      Without the potential of huge profits at the end, none of it would happen.
      And there would be no drugs.
      Expensive, cheap, or otherwise.

  • @fitnessnaturale
    @fitnessnaturale 5 лет назад +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 года назад +3

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

    • @pandazsleeping7038
      @pandazsleeping7038 2 года назад

      @@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 Год назад

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

  • @MrHarveyrex23
    @MrHarveyrex23 5 лет назад

    Automation has created such abundance and a surplus of goods only for those who have the money to afford it.

  • @fharrison3011
    @fharrison3011 5 лет назад +5

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

  • @aliqazilbash5231
    @aliqazilbash5231 5 лет назад +2

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