26th April, is Intellectual Property Day. The
theme for this year according to the World Intellectual Property
Organization (WIPO) is 'Innovation - Improving Lives'. As an IT
professional, this resonates deeply with me and contextualizes the
effort of millions of people, who work with intangible software code to
create tangible, positively beautiful products that improve human life.
IP is fundamental to the emerging digital world. Many technologies
are required to create a product, and companies often outsource the
development of components, or share technologies through licensing
arrangements. IP is especially core to the e-commerce economy, which
depends on companies working together to share the opportunities and
risks of business through licensing.
A couple of other
industries which are engaged in aggressive innovation and thus need to
plan for IP are travel and engineering. Innovation in 3D printing is set
to significantly improve lives. Today, 3D printing enables a house to
be built in as little as 24 hours. The first model of 400-square-feet
was built in Moscow recently by tech startup Apis Cor at under $ 11,000.
Smart machines did the heavy lifting and built a concrete house with
all the regular features. Unlike the usual practice of constructing
offsite, this house was built by a mobile printer onsite. 3D printed
houses offer significant hope to the 60 million displaced people of the
world, particularly refugees. But on the IP side, Gartner predicts that
3D printing will result in the loss of at least $100 billion per year by
2018. This loss will be as a result of IP infringement into design
patents, trademarks, copyrights and reverse engineering of equipment
parts.
Paradoxically, while one side of us humans yearn to settle down,
another side wishes to travel further and gain new experiences.
Technology in the aerodynamic shape of the XB-1 Supersonic jet can take
us at a breathtaking speed of 2,333 kph, for work or leisure, from one
continent to the next. Travelers will be able to zoom from London and
New York in as little as three and a half hours. The XB-1 envisages
making commercial travel cost-effective. So forget about virtual reality
as we now have an opportunity to get up and personal even across great
distances. The XB-1 is brimming with innovation and Boom Technology Inc.
will likely be investing extensively to protect their IP.
Thanks to Bill Gates wanting to tax them, robots have recently been
at the heart of many heated discussions. This, even as their interaction
with humans get more inextricable. Robots have moved beyond just being
industrial arms to offering intelligent support. They could soon be the
primary makers of food. No, I'm not referring to their role in farming,
but in the kitchen. A robotic chef is slated to be commissioned shortly
this year and its 129 sensors and 20 motors promise to cook 2,000
mouthwatering recipes. Imagine a cruise liner, a music festival or a
refugee camp and the role of a robotic chef becomes invaluable. As the
field of robotics gets more sophisticated and we humans begin to
increasingly rely on them, manufacturers of robots and companies engaged
in advanced robotics will need IP regulations to protect their
interests.
The most recent innovation improving lives is machine learning. Here,
technology is ensuring access to products, simplifying delivery and
introducing convenience. IP is playing a central role in all AI-related
innovation, and the graph below published by ClearViewIP in Feb. 2017
indicates that companies are protecting their innovation by filing
AI-related patents.
Innovation
through automation and AI has the potential to release humans from the
drudgery of repetitive effort and channelize their creativity and skills
to create something new. The driving goal of technology is to amplify
the human spirit and potential. But the IP question is still hotly
debated - Since the algorithm is self-learning, who should apply for the
patent, the engineer or the algorithm? If the AI algorithm is aware and
being creative why should rights not be accorded to it? And so on.
This years' theme of World Intellectual Property Day, 'Innovation -
Improving Lives' ties into Infosys' belief in letting a 'thousand
flowers bloom'. We believe that ideas should be freely available to be
used and built upon to solve problems faced by humanity. Innovation is
not an intrinsic skill that one is born with, but rather one that can be
taught, trained in, and honed. Our Design Thinking (a technique that nurtures innovation) and Zero Distance
(an organization-wide movement to enable innovation at all levels)
initiatives, progressively strengthen each other, and are outcomes of
this core belief.
Every employee in the company has the opportunity to attend a Design
Thinking workshop. The objective is to empower employees to proactively
empathize with end users, be it our clients or our client's client, and
address even their tiniest pain-point. Imagine when 200,000 employees
are empowered to identify such innovation possibilities. The
intellectual property movement no longer remains isolated to a few, but
becomes a mass movement. The benefit to Infosys' clients is smarter
solutions that can save thousands if not millions of dollars. For end
users, it reduces effort, improves UX and sometimes even cost.
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