{"id":39,"date":"2007-05-06T19:09:04","date_gmt":"2007-05-07T03:09:04","guid":{"rendered":"http:\/\/www.tranzoa.net\/~alex\/blog\/?p=39"},"modified":"2007-05-06T19:09:04","modified_gmt":"2007-05-07T03:09:04","slug":"10-million-dollars-10-years-from-now","status":"publish","type":"post","link":"https:\/\/www.tranzoa.net\/~alex\/blog\/?p=39","title":{"rendered":"10 million dollars 10 years from now"},"content":{"rendered":"<p>Jury duty tomorrow, so I was daydreaming about patents.<\/p>\n<p>Why, yes, jury duty and patents <strong>are<\/strong> related.<\/p>\n<p>The daydream featured a rather nice &#8220;Moore&#8217;s Law Patent.&#8221;<\/p>\n<p>What&#8217;s a Moore&#8217;s Law Patent?<\/p>\n<p><dir><\/p>\n<p>A Moore&#8217;s Law Patent is a sillypatent (one word, that) for a device that would not sell or be used at all, now, because, for instance, it would cost $100,000 &#8211; which is far, far too much for what it does.<\/p>\n<p>Wait 10 years. <strong>Now<\/strong> it&#8217;s $1000, off the shelf. Another 5 years and it&#8217;s $100. And, if the device&#8217;s cost is subject to Moore&#8217;s Law, it&#8217;s likely to be dependent upon software, which will be far more powerful and cheap after that 10 years.<\/p>\n<p>At that time, if the device is a good idea, someone will make a business out of it. Maybe a very large business. Which will make the patent a good thing to have. &#8230; For the patent holder.<\/p>\n<p>No innovation is needed. Just extrapolate with common sense and\/or look what&#8217;s being done now, &#8220;in the lab&#8221;. That&#8217;s the essence of a &#8220;Moore&#8217;s Law Patent.&#8221;<\/p>\n<p><\/dir><\/p>\n<p>OK, here is the patent that ties together jury duty and patents:<\/p>\n<p>A computer controlled system that helps lawyers vet prospective jury members. This system suggests questions to ask and listens for and understands the answers. And the system advises the lawyer\/user which people to consider for the jury and which to keep off the jury. The system uses artificial intelligence logic in a novel way to arrive at its advice. And, the system pools collaborative information with all other compatible systems &#8211; one embodiment, in real time, another not &#8211; to automatically improve the logic.<\/p>\n<p>The interesting questions are:<\/p>\n<ul>\n<li>Can such a system be built today to run on hardware that costs from $100,000 to a million dollars?<\/li>\n<li>Could such a system be developed today for 1 to 10 billion dollars?<\/li>\n<\/ul>\n<p>If so, score!<\/p>\n<p>Work the numbers.<\/p>\n<p>We&#8217;re talking about a $1000 device in 10 years. Easily affordable for a lot of trial lawyers &#8211; say 100,000 of &#8217;em in this country alone. These lawyers would have an incentive. Wouldn&#8217;t a client with a lawyer who doesn&#8217;t have the device wonder whether he, the client, is truly, fairly represented by competent counsel?<\/p>\n<p>Budget to build: $10,000,000 to $100,000,000 10 years from now.<\/p>\n<p>And, if there were 100,000 lawyers buying this thing every year (updates would be important), and if the device cost those lawyers each $2000, then the device&#8217;s manufacturer would be raking in $100,000,000 per year, gross. Not a bad ROI.<\/p>\n<p>A business like that will not blink when you show up with your patent and ask for a measly $10 million.<\/p>\n<p>Reader, take the idea and run with it. It can&#8217;t miss.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jury duty tomorrow, so I was daydreaming about patents. Why, yes, jury duty and patents are related. The daydream featured a rather nice &#8220;Moore&#8217;s Law Patent.&#8221; What&#8217;s a Moore&#8217;s Law Patent? A Moore&#8217;s Law Patent is a sillypatent (one word, &hellip; <a href=\"https:\/\/www.tranzoa.net\/~alex\/blog\/?p=39\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-39","post","type-post","status-publish","format-standard","hentry","category-bloggy-things"],"_links":{"self":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/posts\/39","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39"}],"version-history":[{"count":0,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/posts\/39\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}