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Old 05-17-2012, 03:15 AM   #31
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Later, when somebody rediscovers this hidden knowledge and creates a hugely successful product based on their rediscovery, you can sell this to a patent troll for HUGE money!

And thank you MUCH for momentarily diverting my mind from recent pain and anguish experienced in recent posts.

Hmm, what about the underwear Gnomes?
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Old 05-17-2012, 08:27 AM   #32
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Hmm, what about the underwear Gnomes?
Do you mean the sock gnomes who steal stockings from the laundry, leaving only mismatched pairs of socks?

A "patent troll" is a company (usually a law firm with NO clients and an EMPTY office) that does not produce any product, but makes all their money buying up huge numbers of "useless" patents and suing recently successful companies using crap from their patent portfolio that is "somewhat" like what the successful company did.

They commonly file their lawsuits from a county in Texas USA where the judge gets a portion of the "profits" and will always decide in favor of the patent troll. Big companies usually just pay the patent trolls a big pile of money to go away for awhile. Basically, it is just an "extortion racket"...

Last edited by geekmaster; 05-17-2012 at 08:32 AM.
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Old 05-17-2012, 11:58 PM   #33
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Do you mean the sock gnomes who steal stockings from the laundry, leaving only mismatched pairs of socks?

A "patent troll" is a company (usually a law firm with NO clients and an EMPTY office) that does not produce any product, but makes all their money buying up huge numbers of "useless" patents and suing recently successful companies using crap from their patent portfolio that is "somewhat" like what the successful company did.

They commonly file their lawsuits from a county in Texas USA where the judge gets a portion of the "profits" and will always decide in favor of the patent troll. Big companies usually just pay the patent trolls a big pile of money to go away for awhile. Basically, it is just an "extortion racket"...
Well, I apologize, I actually thought you were joking. Although your "patent troll" sounds a lot like the underwear gnomes, they were from an episode of a TV series and they stole kids underwear. They had a "three part plan" in which they had only figured out steps 1 and 3 which were 1. Steal Underwear and 3. Make Profit, never having a viable step 2 in process.

It is interesting your mention of "not making any product." I read, and I could be quoting a completely false source, that 2011 was the first year in the history of commerce where the sales of "intangible" products in the consumer quarter was greater than that of "tangibles." There was a long article about the changes face of the economy and such. I was skeptical. If you think about such sales as homes and cars, both being large ticket items, it is hard to believe that things such as Netflix combined with other things of that nature could win out. However, I did also consider that cellphone service, internet, satellite/cable service and the standards of insurance and medical treatment, it is very possible that the claim is correct.
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Old 05-18-2012, 12:32 AM   #34
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Well, I apologize, I actually thought you were joking. Although your "patent troll" sounds a lot like the underwear gnomes, they were from an episode of a TV series and they stole kids underwear. They had a "three part plan" in which they had only figured out steps 1 and 3 which were 1. Steal Underwear and 3. Make Profit, never having a viable step 2 in process.
I missed out on the underwear gnomes, but then I rarely watch TV, so I lacked that cultural reference.
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Old 05-18-2012, 08:39 AM   #35
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It is interesting your mention of "not making any product." I read, and I could be quoting a completely false source, that 2011 was the first year in the history of commerce where the sales of "intangible" products in the consumer quarter was greater than that of "tangibles." There was a long article about the changes face of the economy and such. I was skeptical. If you think about such sales as homes and cars, both being large ticket items, it is hard to believe that things such as Netflix combined with other things of that nature could win out. However, I did also consider that cellphone service, internet, satellite/cable service and the standards of insurance and medical treatment, it is very possible that the claim is correct.
An interesting observation.

If not now correct, it probably soon will be.
This country (USA) and maybe the rest of the world seems to be headed in that direction.

The accumulation of tangible goods has to be "serviced" (an intangible) and when even gas stations charge you $0.25 to "air up" a tire...
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Old 05-18-2012, 10:49 AM   #36
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I missed out on the underwear gnomes, but then I rarely watch TV, so I lacked that cultural reference.
Well, I really doubt that the whole TV thing has increasing my cultural prowess in any real way, .
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Old 05-18-2012, 10:53 AM   #37
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An interesting observation.

If not now correct, it probably soon will be.
This country (USA) and maybe the rest of the world seems to be headed in that direction.

The accumulation of tangible goods has to be "serviced" (an intangible) and when even gas stations charge you $0.25 to "air up" a tire...
This is true, another thing I noticed is the smartphone thing. I have an android for myself and for the office and I can walk in a store and pay the bill, read my email, even send a document to the fax behind the counter. I am wondering just how long it will be before that phone is replacing my ID. I can easily imagine carrying nothing but the phone, which is a fully viable computer these days. Someone asked "What if someone steals your phone?" and I replied it is the same as someone stealing your wallet, only I can make a quick call and shut my phone down.
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