Why The U.S. And China Fight Over IP

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  • čas přidán 24. 01. 2020
  • 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

Komentáře • 948

  • @medicjack8943
    @medicjack8943 Před 4 lety +490

    Thought they were talking about network IP

  • @nickgehr6916
    @nickgehr6916 Před 4 lety +672

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

  • @Supermrloo
    @Supermrloo Před 4 lety +296

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

    • @michaelgray1803
      @michaelgray1803 Před 4 lety +11

      Nobody cares

    • @jzk2020
      @jzk2020 Před 4 lety

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

    • @Yorkil
      @Yorkil Před 4 lety +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 Před 4 lety +8

      Whats a DVD!!?

    • @ritzkola2302
      @ritzkola2302 Před 4 lety +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

  • @membear
    @membear Před 4 lety +179

    I was guessing Internet Protocol.

    • @Junkman2008
      @Junkman2008 Před 4 lety

      Yep!

    • @JigilJigil
      @JigilJigil Před 4 lety +4

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

    • @bearbuster157
      @bearbuster157 Před 4 lety

      membear
      Information Processing here

  • @fjlkagudpgo4884
    @fjlkagudpgo4884 Před 4 lety +54

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

  • @Greg-gr7ur
    @Greg-gr7ur Před 4 lety +169

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

    • @habibbialikafe339
      @habibbialikafe339 Před 3 lety +5

      punctuation my friend

    • @dizzybear7472
      @dizzybear7472 Před 3 lety +8

      habibbi alikafe Capitalization and punctuation, my friend.

    • @pikachus5m166
      @pikachus5m166 Před 3 lety +1

      Backed by banksters and stiffed Tesla.

    • @zhxiaol
      @zhxiaol Před 3 lety +3

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

    • @deadwingdomain
      @deadwingdomain Před 3 lety +3

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

  • @dhavalchheda1626
    @dhavalchheda1626 Před 4 lety +107

    IP and Edison don't go well together.

  • @pratham69_
    @pratham69_ Před 4 lety +61

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

    • @Dave102693
      @Dave102693 Před 4 lety

      Lol

    • @armitylekhona585
      @armitylekhona585 Před 4 lety

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

    • @HaliHali2024
      @HaliHali2024 Před 4 lety

      @@armitylekhona585 may sound like that

    • @loktom4068
      @loktom4068 Před 4 lety

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

  • @chicagodaddy1
    @chicagodaddy1 Před 4 lety +154

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

    • @Duraltia
      @Duraltia Před 4 lety +17

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

    • @OutSideTheBoxFormat
      @OutSideTheBoxFormat Před 4 lety +27

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

    • @yatox8
      @yatox8 Před 4 lety +7

      It's a girl

    • @eugenechin2863
      @eugenechin2863 Před 4 lety +3

      LoL I thought he was a she

    • @leeleeemeemememe2465
      @leeleeemeemememe2465 Před 4 lety

      @@eugenechin2863 your probably correct

  • @rwhunt99
    @rwhunt99 Před 4 lety +14

    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.

  • @RoundupResistance
    @RoundupResistance Před 4 lety +13

    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.

  • @StBatu
    @StBatu Před 4 lety +87

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

    • @ThomasFoolery8
      @ThomasFoolery8 Před 4 lety +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.

    • @Dimi.g0v
      @Dimi.g0v Před 4 lety

      @@ThomasFoolery8 China isn't an ethnostate

    • @Clarity520
      @Clarity520 Před 4 lety

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

    • @Ardkun00
      @Ardkun00 Před 4 lety +7

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

    • @ericcartmann
      @ericcartmann Před 4 lety +1

      @@Dimi.g0v Lol China is totally an ethnostate. It's over 90% Han Chinese.
      Any white or black people are probably tourists or expats.

  • @chafacorpTV
    @chafacorpTV Před 4 lety +35

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

    • @PHlophe
      @PHlophe Před 4 lety +3

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

    • @chafacorpTV
      @chafacorpTV Před 4 lety

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

    • @Alex632
      @Alex632 Před 3 lety

      I have no idea what this means.

  • @sanbetski
    @sanbetski Před 4 lety +11

    2:34 lawyer looks a 9 year old boy

  • @pickin7654
    @pickin7654 Před 4 lety +45

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

  • @th-fb1nl
    @th-fb1nl Před 4 lety +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 Před 3 lety

      For anyone with brains it means both.

    • @th-fb1nl
      @th-fb1nl Před 3 lety

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

  • @80budokai
    @80budokai Před 4 lety +7

    CNBC, great video! Enjoy your Saturday!😍

  • @JTTodd-pn5sd
    @JTTodd-pn5sd Před 4 lety +43

    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 Před 4 lety +2

      The video totally misses this point

    • @forloop7713
      @forloop7713 Před 3 lety

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

    • @habibbialikafe339
      @habibbialikafe339 Před 3 lety +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 Před 3 lety +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 Před 3 lety

      Don't buy them

  • @kraken-sx2ys
    @kraken-sx2ys Před 4 lety

    Thanks for the video!! :)

  • @khushwantgehlot8726
    @khushwantgehlot8726 Před 4 lety +2

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

  • @jenicekfialka4495
    @jenicekfialka4495 Před 4 lety +34

    1:40 mouse :)

  • @davidck1
    @davidck1 Před 4 lety +9

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

  • @MartinNew14
    @MartinNew14 Před 4 lety +41

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

    • @bob14775523
      @bob14775523 Před 4 lety +10

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

    • @TheDiscrazy
      @TheDiscrazy Před 4 lety

      Uh, no.

    • @seanjackson6305
      @seanjackson6305 Před 4 lety

      the car was patented.

    • @norvaysuavez5549
      @norvaysuavez5549 Před 4 lety +10

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

    • @dnguyen787
      @dnguyen787 Před 4 lety +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?

  • @hudortunnel9784
    @hudortunnel9784 Před 4 lety +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.

  • @captainnemo2150
    @captainnemo2150 Před 4 lety +39

    Can the coronavirus be trademarked?

    • @yiweichan1014
      @yiweichan1014 Před 4 lety +9

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

    • @ajinkyamehere5365
      @ajinkyamehere5365 Před 4 lety +5

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

    • @nameunko
      @nameunko Před 4 lety

      CDC already patented the virus.

    • @Clarity520
      @Clarity520 Před 4 lety

      I thought Disney already bought it

    • @Ardkun00
      @Ardkun00 Před 4 lety +1

      No, it belongs to Grupo Modelo.

  • @ArawnOfAnnwn
    @ArawnOfAnnwn Před 4 lety +124

    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 Před 4 lety +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 Před 4 lety +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 Před 4 lety +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 Před 4 lety +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 Před 4 lety

      The same guy is critisized all over

  • @glorious_help
    @glorious_help Před 4 lety

    Informative video thanks

  • @sudevvs1004
    @sudevvs1004 Před 4 lety +4

    Well explained👏

  • @kizhissery
    @kizhissery Před 4 lety +18

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

    • @cyborggaming9797
      @cyborggaming9797 Před 4 lety

      Aftab Mohammed : true Edison is a cheat

    • @kizhissery
      @kizhissery Před 4 lety +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?

  • @user-nn7mg3bp4u
    @user-nn7mg3bp4u Před 4 lety +53

    1:40 old rat just got copyrighted

    • @SpiritsBB
      @SpiritsBB Před 4 lety +11

      It's a squirrel

    • @axa.axa.
      @axa.axa. Před 4 lety

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

    • @SpiritsBB
      @SpiritsBB Před 4 lety

      @@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. Před 4 lety +2

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

  • @Francois_Dupont
    @Francois_Dupont Před 4 lety

    0:16 what is this video from? the matches igniter thingy?

  • @Junkman2008
    @Junkman2008 Před 4 lety +6

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

    • @PHlophe
      @PHlophe Před 4 lety

      i just asked Gredda Thunbug to give us the answer.

  • @armanke13
    @armanke13 Před 4 lety +15

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

    • @YukiPyro
      @YukiPyro Před 4 lety +7

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

    • @peppapigthekiller7539
      @peppapigthekiller7539 Před 4 lety +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 Před 4 lety +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 Před 4 lety +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 Před 4 lety +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 .

  • @franknitty3000
    @franknitty3000 Před 4 lety +4

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

  • @JoelJohnJs
    @JoelJohnJs Před 4 lety +1

    Good Work 😀

  • @GraV21
    @GraV21 Před 4 lety +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 Před 4 lety +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 😄

  • @ua2968
    @ua2968 Před 4 lety +36

    It's a dirty game but everyone plays it

  • @moviesjean23
    @moviesjean23 Před 4 lety +15

    Thomas Edison pattens how ironic

    • @knowledgeman86
      @knowledgeman86 Před 4 lety +2

      We know the truth behind that..😏

    • @pratham69_
      @pratham69_ Před 4 lety +2

      We know that telsa was god!

    • @jen_nice2059
      @jen_nice2059 Před 4 lety +3

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

  • @gauravjha8938
    @gauravjha8938 Před 4 lety +1

    Wasn't that a squirrel @1:40...?🤪

  • @ermytanio7111
    @ermytanio7111 Před 4 lety +10

    Is this connected to the movie "IP Man"

    • @wesalois
      @wesalois Před 4 lety +1

      🤣🤣🤣You kidding..right!?!

  • @biscuit343
    @biscuit343 Před 4 lety +6

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

  • @lc285
    @lc285 Před 4 lety +29

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

    • @nhandahooker
      @nhandahooker Před 4 lety +2

      L C wrong.

    • @lodeo7003
      @lodeo7003 Před 4 lety

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

    • @olivers-g4021
      @olivers-g4021 Před 4 lety +3

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

    • @Ardkun00
      @Ardkun00 Před 4 lety +4

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

    • @ArawnOfAnnwn
      @ArawnOfAnnwn Před 4 lety +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).

  • @jasonpeng5798
    @jasonpeng5798 Před 4 lety +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.

  • @testaccount603
    @testaccount603 Před 4 lety +1

    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!

  • @Renould2010
    @Renould2010 Před 4 lety +5

    Great insight CNBC, I need to create a Trademark

  • @James_Lee
    @James_Lee Před 4 lety +6

    Swoosh~~~~ and comes a Big Mac.

  • @DJRenee
    @DJRenee Před 4 lety +4

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

  • @dizhichen5562
    @dizhichen5562 Před 4 lety

    could anyone please tell me where i can get the transcript?

  • @denzelheden4256
    @denzelheden4256 Před 4 lety +35

    I'll register my patent this year: Doggy

  • @VimeleosZen
    @VimeleosZen Před 4 lety +5

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

  • @theashpilez
    @theashpilez Před 3 lety +2

    Protecting corporate theft is a time honoured tradition

  • @michael511128
    @michael511128 Před 3 lety +2

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

  • @abuferasabdullah
    @abuferasabdullah Před 4 lety +9

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

  • @YAHVISIONRowles
    @YAHVISIONRowles Před 4 lety +5

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

  • @Senhordaverdadeabsol
    @Senhordaverdadeabsol Před 3 lety

    3:22 who plays dvds whenever he gave this interview ?

  • @tolethom
    @tolethom Před 4 lety +2

    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 Před 4 lety

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

    • @tolethom
      @tolethom Před 4 lety

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

    • @Kb-go5qm
      @Kb-go5qm Před 4 lety

      @@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.

  • @MarioRafaelM
    @MarioRafaelM Před 4 lety +35

    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 Před 4 lety +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 Před rokem

      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.

  • @narf0339
    @narf0339 Před 4 lety +7

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

    • @gbat2479
      @gbat2479 Před 4 lety +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 Před 4 lety +2

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

    • @Legoguy1979
      @Legoguy1979 Před 4 lety

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

    • @gbat2479
      @gbat2479 Před 4 lety

      @@Legoguy1979 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 Před 4 lety

      @@Legoguy1979 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.

  • @Breadcrumbs2
    @Breadcrumbs2 Před 4 lety +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

  • @twostepz4982
    @twostepz4982 Před 3 lety

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

  • @triadwarfare
    @triadwarfare Před 4 lety +5

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

    • @gpk1982
      @gpk1982 Před 4 lety

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

  • @danntrev
    @danntrev Před 4 lety +10

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

    • @ugandaknuckles3419
      @ugandaknuckles3419 Před 4 lety +4

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

    • @StBatu
      @StBatu Před 4 lety +4

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

    • @ugandaknuckles3419
      @ugandaknuckles3419 Před 4 lety +1

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

    • @StBatu
      @StBatu Před 4 lety +1

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

    • @ugandaknuckles3419
      @ugandaknuckles3419 Před 4 lety +5

      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.

  • @ichsansandi4101
    @ichsansandi4101 Před 4 lety +1

    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.

  • @legalese
    @legalese Před 3 lety +2

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

  • @lafkdjay
    @lafkdjay Před 4 lety +3

    Luckin coffee tastes sooo much better than Starbucks swill.

  • @tarawally65
    @tarawally65 Před 4 lety +5

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

  • @stevestrickland7314
    @stevestrickland7314 Před 4 lety +1

    patents are a joke...

  • @scottwarwick7514
    @scottwarwick7514 Před 3 lety +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.

  • @itachi2011100
    @itachi2011100 Před 4 lety +3

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

  • @Mojavekight17
    @Mojavekight17 Před 4 lety +4

    Money money money 💰

  • @justinfowler2857
    @justinfowler2857 Před 4 lety

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

  • @aliqazilbash5231
    @aliqazilbash5231 Před 4 lety +2

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

  • @ShamikChatterjee
    @ShamikChatterjee Před 4 lety +13

    CZcams cc: Nike without the "swoosh"

  • @MrHarveyrex23
    @MrHarveyrex23 Před 4 lety +8

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

    • @michaelgray1803
      @michaelgray1803 Před 4 lety +1

      Ok who's going to be the customers

    • @PHlophe
      @PHlophe Před 4 lety

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

  • @chinmoys2015
    @chinmoys2015 Před 4 lety +1

    Beautiful

  • @juvent.h6699
    @juvent.h6699 Před 4 lety

    Seen and understood

  • @ronienayvejr.4659
    @ronienayvejr.4659 Před 4 lety +4

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

    • @BWater-yq3jx
      @BWater-yq3jx Před 4 lety +1

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

    • @0Turbox
      @0Turbox Před 4 lety +2

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

  • @jascrandom9855
    @jascrandom9855 Před 4 lety +7

    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.

  • @mrwoody1413
    @mrwoody1413 Před 3 lety +2

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

  • @BlackMamba-lt8oe
    @BlackMamba-lt8oe Před 4 lety +2

    Honda has more sales than Harley in the world ,

  • @yvess3010
    @yvess3010 Před 4 lety +8

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

  • @jasonpeng5798
    @jasonpeng5798 Před 4 lety +3

    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.

  • @Wildboy789789
    @Wildboy789789 Před 4 lety +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

  • @CCMphilip
    @CCMphilip Před 4 lety +2

    1. Curious if the the US telecom companies would pay for Huawei's 5G IPs ????
    2. Or would the US court or government just simply "dismiss" Huawei's IP claims just because the WH blacklist its products into the US.. ???
    3. I rise these questions because some Florida politician wanted to pass such a law.. !!!! Isn't such a law would fully contradict and discriminate the basic spirit of the IP law in the first place.. ??? Would this law than constitute "US government piracy" ???
    4. Your comment please..

  • @manengelo8427
    @manengelo8427 Před 4 lety +5

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

    • @qwer-tj5ob
      @qwer-tj5ob Před 4 lety +2

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

    • @lashenresh4675
      @lashenresh4675 Před 4 lety +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 Před 4 lety

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

    • @GraV21
      @GraV21 Před 4 lety

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

  • @fharrison3011
    @fharrison3011 Před 4 lety +5

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

  • @RudieObias
    @RudieObias Před 4 lety +1

    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?

  • @ManunKanava
    @ManunKanava Před 4 lety +1

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

  • @BabarKhanJaved
    @BabarKhanJaved Před 4 lety +4

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

  • @diratoba
    @diratoba Před 4 lety +3

    Buy American

  • @williamcafuski4060
    @williamcafuski4060 Před 3 lety +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 Před rokem

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

  • @Sheppesh
    @Sheppesh Před 4 lety +1

    The result being that American talent would be leaving the U.S. or Chinese talent would not have to leave China. How this pans out will be interesting and whoever loses this IP back and forth will definitely be negatively economically impacted permanently. Get the popcorn 🍿🙌🏾

  • @glorious_help
    @glorious_help Před 4 lety +3

    Tomas Edison didn’t invent the light bulb

  • @nationnexusnavigator
    @nationnexusnavigator Před 4 lety +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 Před 2 lety +3

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

    • @pandazsleeping7038
      @pandazsleeping7038 Před rokem

      @@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 Před rokem

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

  • @pongfoong9523
    @pongfoong9523 Před 4 lety

    Outging vestment can be?

  • @NathanielMiller
    @NathanielMiller Před 4 lety +1

    Very poor explanation of the issue. Spent way too much time talking about the US patent/trademark systems, and zero about the ways China is paying for people to steal US-made IP for China to copy without license.

  • @thyslop1737
    @thyslop1737 Před 4 lety +3

    So, the Director of the Patents Office for the U.S. is not even American?

    • @xjmdm
      @xjmdm Před 4 lety

      would you look at that

  • @taiyuguo6672
    @taiyuguo6672 Před 3 lety +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!

  • @RUHappyATM
    @RUHappyATM Před 4 lety

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

  • @habddz
    @habddz Před 3 lety

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