The number of faux-pas and botched damage control attempts from Microsoft around Xbox One has been hard to keep up with these last few days. Microsoft has confirmed shortly before E3 that the rumors about used and loaned games were true: you won’t be able to dispose of your property without Microsoft’s authorization, and various actors are going to get a cut out of all used sales. Some additional restrictions apply.
It should be pretty clear at this point that our patent system is broken. It’s been designed to foster innovation, but is nowadays stifling it. It’s supposed to protect inventors, but instead threatens innovators. Patent trolls are extorting billions of dollars from our top tech companies, and are threatening to do the same to small businesses and individuals. Meanwhile, big corporations amass enormous patent portfolios that they use as currency, with contents so vague that they can be used to attack their smaller competitors before they even start: if you want to start a small technological business today, don’t do a patent search: you are going to find patents broad enough to cover your innovation, and you may have to give up for fear of litigation that would kill you from the legal fees alone.