Great topic to kick off and unpack in this AI-fuelled knowledge economy. I’ll state my position plainly before I make the arguments – I’m not a fan of copyright or even IP protection. Ideas are cheap and the person “exploiting” the idea has put in significant effort to think about its utility and addressable market. I could similarly argue that an “idea maker” can benefit from someone monetising their idea through fame and more contractual work. Should the “idea maker” compensate the “idea monetise”?
Consider also the case where a person with photographic memory reads as much of the books he or she can. This person is then compensated as the go-to fount of information. Should the book authors be compensated?
I totally agree the need that "idea monetise" should be compensated rather as there is significant effort needed to move from idea making to idea monetisation, especially what you mentioned about the part on utility and market.
Can I assume that what you mentioned in your first paragraph is in the context of a business idea? Or is it in general? Ok, why I am asking is, in the line of training and teaching, trainers do come up with good analogies or metaphors to explain concepts better and I heard of a case that that was copied by another person. But my data point is the person copied did a terrible job, because the person "twisted" it to avoid being accused of plagiarism.
Per your last paragraph, after reading it, it reminded me of LLMs. LOL! And I am of the opinion that it will be damn difficult for the author to prove it before we come to even discuss whether the book authors should be compensated or not. My opinion is No to monetary compensation but yes to attribution which are two different things imo. :)
Much food for thought from your comment.
1) Unpacking the process from idea creation to idea monetisation, what are the stages in the process and which one generates the most value to society as it will determine which role in the process should be compensated well for humanity to move forward.
2) Ideas comes in different forms. What are the different forms, what are they conveying actually and what kind of value do they provide? For instance, analogies, metaphors etc.
Thanks for sharing your thoughts! Always thought-provoking! :)
Hi Koo, my first para comments are general and not necessarily in the context of business. I completely agree with you on the need to attribute rather than to compensate for the “copyright”. Love the deeper questions you are asking!
Great topic to kick off and unpack in this AI-fuelled knowledge economy. I’ll state my position plainly before I make the arguments – I’m not a fan of copyright or even IP protection. Ideas are cheap and the person “exploiting” the idea has put in significant effort to think about its utility and addressable market. I could similarly argue that an “idea maker” can benefit from someone monetising their idea through fame and more contractual work. Should the “idea maker” compensate the “idea monetise”?
Consider also the case where a person with photographic memory reads as much of the books he or she can. This person is then compensated as the go-to fount of information. Should the book authors be compensated?
I totally agree the need that "idea monetise" should be compensated rather as there is significant effort needed to move from idea making to idea monetisation, especially what you mentioned about the part on utility and market.
Can I assume that what you mentioned in your first paragraph is in the context of a business idea? Or is it in general? Ok, why I am asking is, in the line of training and teaching, trainers do come up with good analogies or metaphors to explain concepts better and I heard of a case that that was copied by another person. But my data point is the person copied did a terrible job, because the person "twisted" it to avoid being accused of plagiarism.
Per your last paragraph, after reading it, it reminded me of LLMs. LOL! And I am of the opinion that it will be damn difficult for the author to prove it before we come to even discuss whether the book authors should be compensated or not. My opinion is No to monetary compensation but yes to attribution which are two different things imo. :)
Much food for thought from your comment.
1) Unpacking the process from idea creation to idea monetisation, what are the stages in the process and which one generates the most value to society as it will determine which role in the process should be compensated well for humanity to move forward.
2) Ideas comes in different forms. What are the different forms, what are they conveying actually and what kind of value do they provide? For instance, analogies, metaphors etc.
Thanks for sharing your thoughts! Always thought-provoking! :)
Hi Koo, my first para comments are general and not necessarily in the context of business. I completely agree with you on the need to attribute rather than to compensate for the “copyright”. Love the deeper questions you are asking!