Saturday, April 18, 2015

ASSIGNMENT 11

Video 1: Pool medical patents, save lives by Ellen 't Hoen

What is the video about? This video talks about patent practices regarding drug prices: new drugs are expensive to develop

- She discusses how to help with the HIV/AIDS phenomenon with better patent practices by having cheaper drugs at less wealthy countries
- She wants all countries to have new medicinal product
- She relates this to Nelson in Kenya who has high expectations of accessing new drugs at a cheap cost for patients like his own son!

How?
--> Medicines Patent Pool: having products go to market at a low cost 



Video 2: How I beat a patent troll by Drew Curtis


What is the video about? Fark.com CEO discusses patent trolls and what problems there are in the patent system that lead to the success of patent trolls
An impression of a patent troll
- The average patent troll lawsuit can take $2 million! So most companies settle out of the case, but Fark.com did not!
- Asked the patent troll to ask for screenshots of Fark of where the patent was violated (on news release via email)
- The case had no non-disclosure agreement
- 3 things learned::
+ If you can, don't fight the patent - fight the infringement
+ Make it clear that you have either no money at all or you'd rather spend your money fighting the lawsuit
+ Make sure you let the patent troll know that you will make this very annoying for the patent troll! 

- His final solution: to troll patent trolls out of existence! 



Video 3: Embrace the remix by Kirby Ferguson
What is this video about? Kirby says that creativity involves copying, transforming, and combining what's already out there!
American patents use this same notion that ideas only build upon each other, you do not invent something from nothing!

- I loved this Ted Talk, and it was so relevant to our IEOR class! Professor Tal has always taught us that plagiarism, in this class, is okay and even encouraged! This Ted Talk just further establishing this that creativity is about building products from older products and not just starting from nothing.

Video 4: Demand a more open-source government by Beth Noveck
What is this video about? The former deputy CTO of the White House talks about her idea of having a more open government in order to create better teams and networks.
- The government makes public goods, but we do not have institutions that are particularly good at helping with this! So how do we create "open-source government" policies?
- We do not spend enough money on reinventing our already established institutions, which is what we should be doing!
- We can learn from social media!
Why is Twitter so successful? It opens up its platform so we can learn from each other in new and exciting ways! We need to do this with the government

- This was a very interesting video, and I have to say - very relevant as I was tweeting about this and thus, being a part of an open platform that the speaker of this TedTalk speaks so greatly about! 

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