>the average person speaks and thinks in these terms,

(Trademarks aside) Even more surprising to me is how everyone seems concerned about the studios making enough money?! As if they should make any money at all. As if it is up to us to create a profitable game for them.

If they all go bankrupt today I won't lose any sleep over it.

People also try to make a living selling bananas and apples. Should we create an elaborate scheme for them to make sure they survive? Their product is actually important to have. Why can't they own the exclusive right to sell bananas similarly? If anyone can just sell apples it would hurt their profit.

It is long ago but that is how things use to work. We do still have taxi medallions in some places and all kinds of legalized monopolies like it.

Perhaps there is some sector where it makes sense but I can't think of it.

If you want to make a movie you can just do a crowd funder like Robbert space industry.

It's been a US-led project for the benefit of American corporations.

If I was running the trade emergency room in any European state right now, I'd have "stop enforcing US copyright" up there next to "reciprocal tarrifs".

We were close to your viewpoint being the popular one, but sadly many (most?) independent content creators are so overtaken by fear of AI that they've done a 180. The same people who learned by tracing references to sell fanart of a copyrighted franchise (not complaining, I spend thousands on such things) accuse AI of stealing when it glances at their own work. We're entering a new golden age of creative opportunity and they respond by switching sides to the philosophy of intellectual property championed by Disney and Oracle (except for those companies' ironic use of AI themselves..).

There's also a moral issue at play: To safeguard the interests of a few publishers (sometimes the creators, but they can easily end up with a shitty deal) you remove freedoms to the entire population to copy the same idea.

You need a central structure funded by everyone's taxes which enforce a contract almost nobody of the infringers has signed.

That's appaling, I hope with this AI wave we'll get rid of copyright all together.

Philosophers were waaaay ahead of this game.

Trademark isn't the same as Registered Trademark either, while we're at it

> If that asset generates revenue for 120 years, then it’s slightly more valuable than an asset that generates revenue for 119 years, and considerably more valuable than an asset that generates revenue for 20 years.

Not so, because of net present value.

The return from investing in normal stocks is ~10%/year, which is to say ~670% over 20 years, because of compounding interest. Another way of saying this is that $1 in 20 years is worth ~$0.15 today. A dollar in 30 years is worth ~$0.05 today. A dollar in 40 years is worth ~$0.02 today. As a result, if a thing generates the same number of dollars every year, the net present value of the first 20 years is significantly more than the net present value of all the years from 20-120 combined, because money now or soon from now is worth so much more than money a long time from now. And that's assuming the revenue generated would be the same every year forever, when in practice it declines over time.

The reason corporations lobby for copyright term extensions isn't that they care one bit about extended terms for new works. It's because they don't want the works from decades ago to enter the public domain now, and they're lobbying to make the terms longer retroactively. But all of those works were already created and the original terms were sufficient incentive to cause them to be.

IIRC, of works that bring in any money to their creators, the vast majority is returned, for almost all works, in the first handful of years after creation. Sure. the big names you know have value longer, but those are a miniscule fraction of works.

Make copyright last for a fixed term of 25 years with optional 10-year renewals up to 95 years on an escalating fee schedule (say, $100k for the first decade and doubling every subsequent decade) and people—and studios—would have essentially the same incentive to create as they do now, and most works would get into the public domain far sooner.

Probably be fewer entirely lost works, as well, if you had firmer deposit requirements for works with extended copyrights (using the revenue from the extensions to fund preservation) with other works entering the public domain soon enough that they were less likely to be lost before that happened.

> I’m sure you’re right for individual authors who are driven by a creative spark, but for, say, movies made by large studios, the length of copyright is directly tied to the value of the movie as an asset.

That would be fine, if the studios didn't want to have it both ways. They want to retain full copyright control over their "asset", but they also use Hollywood Accounting [1] to both avoid paying taxes and cheat contributors that have profit-sharing agreements.

If studios declare that they made a loss on producing and releasing something to get a tax break, the copyright term for that work should be reduced to 10 years tops.

[1] https://en.wikipedia.org/wiki/Hollywood_accounting

The Fellowship of the Ring, the first of Peter Jackson's LOTR movies released in 2001, made $887 million in its original theatrical run (on a $93 million budget). It would absolutely still have been made if copyright was only 20 years. And now it would be in the public domain!

For movies in particular the tail is very thin. Only very few 50 year old movies are ever watched. Was any commercial movie ever financed without a view to making a profit in the box office/initial release?

> If that asset generates revenue for 120 years, then it’s slightly more valuable than an asset that generates revenue for 119 years

Movies for instance make most of their revenue in the 2 week following their release in theater. Beyond, peoole who wanted to see it had already seen it and the others don't care.

I'd argue it's similar for other art form, even for music. The gain at the very end of the copyright lifetime is extremely marginal and doesn't influence spending decision, which is mostly measured on a return basis of at most 10 years.

> If that asset generates revenue for 120 years, then it’s slightly more valuable than an asset that generates revenue for 119 years, and considerably more valuable than an asset that generates revenue for 20 years

Due to the fairy high cost of capital right now, pretty much anything more than 5 years away is irrelevant. 10 years max, even for insanely high returns on investment.

This line of reasoning doesn't make sense for retroactive lengthening of copyright though, as the author is not gaining anything from that anymore.

Seems to me most of that inflated budget is needed for the entertainment role of films, not the art in them, which a low budget can often stimulate rather than inhibit. In which case nothing of importance would be lost by a drastic shortening of copyright terms.

OK? So we wouldn't have $100m movies, the vast majority of which are forgotten about in a few months. I don't think a $100m movie is ten times better than a $10m one, so I think I'd be fine with movies with much smaller budgets, if they meant that LotR (the books) are now in the public domain for everyone to enjoy.

If movies had a payoff curve like rents, this would be more true, but they're cultural artifacts that decay in relevance precipitously after release, and more permanently after a few decades, where they become "dated", outside a few classics.

Missing is why laws fight so hard too, missing the opposite of what we have (in the west), namely blatant and rampant piracy. The other extreme is really bad, creators of any type pirated by organized crime. There was no video game nor movie market in eastern Europe for example, can't compete against large scale piracy.

Which is to say, preservation without awareness of the threat will look like hoarding. A secondary question is to what extent is that threat real? Without seeing what true rampant piracy looks like, I think it would be easy to be ignorant of the threat.

That's an interesting perspective, and yes wholly foreign to my very American economics influenced background.

Are the origins the same when looking at other intellectual property like patents?

How did they deal with quoting and/or critiquing other's ideas? Did they allow limited quotation? What about parody and satire?

> So if I want to make an ad for a soap company, and I get an AI to reproduce a likeness of Harrison Ford, does that mean I can use that likeness in my soap commercials without paying him?

No, you can't! But it shouldn't be the tool that prohibits this. You are not allowed to use existing images of Harrison Ford for your commercial and you also will be sued into oblivion by Disney if you paint a picture of Mickey Mouse advertising your soap, so why should it be any different if an AI painted this for you?

> This is reproducing human likenesses - like Harrison Ford's - and integrating them into new works.

The thing is though, there is also a human requesting that. The prompt was chosen specifically to get that result on purpose.

The corporate systems are trying to prevent this, but if you use any of the local models, you don't even have to be coy. Ask it for "photo of Harrison Ford as Indiana Jones" and what do you expect? That's what it's supposed to do. It does what you tell it to do. If you turn your steering wheel to the left, the car goes to the left. It's just a machine. The driver is the one choosing where to go.

Human appearance does not have enough dimensions to make likeness a viable thing to protect; I don't see how you could do that without say banning Elvis impersonators.

That said:

> I'm looking forward to all of Hollywood joining the cause against the rampant abuse of IP by Silicon Valley.

If you're framing the sides like that, it's pretty clear which I'm on. :)

> This, however, is so glaring that even a child could understand the illegality of it

If you have to explain "laundering someone's likeness" to them maybe not, I think it's a frankly bizarre phrase.

GP's not missing those edge cases; GP recognizes those edge cases are themselves a product of IP laws.

Those laws are effectively attempting to make information behave as physical objects, by giving them simulated "mass" through a rent-seeking structure. The case you describe is where this simulated physical substrate stops behaving like physical substrate, and choice was made to paper over that with extra rules, so that family can inherit and profit from IP of a dead creator, much like they would inherit physical products of a dead craftsman and profit from selling them.

It's a valid question whether or not this is taking things too far, just for the sake of making information conform to rules of markets for physical goods.

If copyright law is reduced to say, 20 years from the date of creation (PLENTY of time for the author to make money), then it's irrelevant if he dies young or lives until 100.

You seem to talk about fairness. Copyright law isn't supposed to be fair, it's supposed to benefit society. On one side you have the interest of the public to make use of already created work. On the other side is the financial incentive to create such work in the first place.

So the question to ask is whether the artist would have created the work and published it, even knowing that it isn't an insurance to their family in case of their early death.

Il not sure IP should be used as a life insurance, there’s already many public and private ideas tools for that.

Also it seems you assume inheritance is a good think. Most people do think the same on a personal level, however when we observes the effect on a society the outcome is concentration of wealth on a minority and barriers for wealth hand change === barriers for "American dream".

For writing many people only become popular after they are dead.

I heard this explained once as the art in some writing is explaining how people feel in a situation that is still too new for many to want to pay to have it illustrated to them. But once the newness has passed, and people understand or want to understand, then they enjoy reading about it.

As a personal example, I could enjoy movies about unrequited love before and long after I experienced it firsthand, but not during or for years after. People may not yet have settled feelings about an event until afterward, and not be willing to “pick at the scab”.

The other, more statistical explanation is that it just takes a lot of attempts to capture an idea or feeling and a longer window of time represents more opportunities to hit upon a winning formula. So it’s easier to capture a time and place afterward than during.

The weirdness there is tying it to someone's life.

This. It seem the situation is controversial now because of the beloved Studio Ghibli IP, but I want to see the venn diagram of people outrage at this, and the people clamoring for overbearing Disney chatachter protection when the copyright expired and siding with paloworld in the Nintendo lawsuit.

It seem most of the discussion is emotionally loaded, and people lost the plot of both why copyright exists and what copyright protects and are twisting that to protect whatever media they like most.

But one cannot pick and choose where laws apply, and then the better question would be how we plug the gap that let a multibilion Corp get away with distribution at scale and what derivative work and personal use mean in a image generation as a service world, and artist should be very careful in what their wishes are here, because I bet there's a lot of commission work edging on style transfer and personal use.

It was always me and them. They are either "nobel" or just rich. me is the rest of peasants. We pay everything and we give everything to the rich ones. Thats it.

Which huge corporation led by a sociopath? There's so many to choose from.

I think you mean "20 years after you die". That seems like a perfectly rational way to deal with people who want to be buried in their gold and jewels in a pyramid.

We should never have accepted the term "intellectual property" at all, if this is the mindset it leads to.

So every year I go to a swap meet and try to exchange my “expiring” belongings for something similar to reset the clock? Or, they get taken away by force? By someone who has meticulous records of all my stuff?

What problem are you trying to solve?

Intellectual property does not belong to you. The entire concept of "owning" intellectual property is a very recent thing.

So how about we go back to how it used to be and just remove this entire concept.

You can own things you can't own an idea.