And yet some of you watch my show on youtube. Thats stealing. And thats our show tonight. And now john stossel. Ideas can change the world. For most of human history, people suffered in miserable poverty, mainly because no one had thought of better ways to do things. Then suddenly in just the last few hundred years, some new ideas made life better for billions. Things like running water, the printing press, the steam engine, electricity, now the internet. We want people to keep coming up with new ideas, but theres a problem. Why would you bother to spend years inventing something if other people could just steal your idea . Theyd make the money you might not. Lets say a guy invents a better light bulb. His price needs to cover not just the manufacturing costs but also the cost of inventing the thing in the first place. Now lets say a competitor starts manufacturing a competing copy. The competitor doesnt need to cover those development costs. So his version can be cheaper. The bottom l
Liable for monetary damage. And some of you watch my show on youtube. Thats stealing and thats our show tonight. And non, john stossel. Ideas can change the world. For most of Human History people suffered in miserable poverty because no one thought of better ways to do things. Then suddenly in just the last few hundred years, some new ideas made life better for billions. Things like Running Water the printing press, the steam engine electricity. Now the internet. We want people to keep coming up with new ideas but theres a problem. Why would you bother to spend years inventing something if other people could just steal your idea. Theyd make the money you might not. Lets say a guy invents the light bulb. His price needs to cover the manufacturing cost, and the cost of inventing the thing in the first place. A competitor manufactures a competing copy, the competitor doesnt need to cover the development costs. The bottom line, original creation cant compete with the price of copies. That