Detailed text transcripts for TV channel - MSNBC - 20121229:

Detailed text transcripts for TV channel - MSNBC - 20121229:14:36:00

competition with a threat of this lawsuit but also you're making it very difficult for anybody else to invent something new. everybody's afraid. and that's no good for innovation. >> it's providing the opposite of incentive. if the idea is to secure in limited turn and instead you're creating a situation in which if you invent something you're going to get your butt sued. >> right. >> it's like literally the opposite. so what do we do about it? >> start over. seriously. think very seriously about software patent. that's where a lot of the ridiculousness is coming from. each one of those phones has hundreds of patents. >> wipe it all out? >> we should not have software patents? >> no software? >> you want to help me out on this one? >> i think it's right. that's my and proech. it's extremely come me

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