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The term ‘PatentTroll’ originated in 1994 in an educational video by Paula Natasha Chavez called the ‘Patents Video.’ ’ A patenttroll is a term used for describing a company that uses Patent Infringement claims to win arguments and court judgments for profit or to stifle competition.
A patent is a form of IntellectualProperty (IP) granted to the owners of an invention or innovation, giving them the right to control how others could use or exploit their invention or innovation. Furthermore, open-sourcing immensely helps companies and firms in tackling patenttrolls.
AI and IP Law: Podcast with Yuri Eliezer by Yuri L. Eliezer AI and IntellectualPropertyLaw An Insightful Discussion with Yuri Eliezer The intersection of Artificial Intelligence (AI) and IntellectualProperty (IP) Law is becoming increasingly significant in the dynamic landscape of technology and innovation.
The underlying problem is that industrial titans are taking advantage of the politically influenceable IPR process to remove the patent protections of another’s inventions in order to eliminate technological competition. This certainly begs the question of who the actual “patenttrolls” are.
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