Skepticism about the United States patent system has hit historic highs. Even groups without an obvious interest in technology policy have joined the skeptics, such as the ACLU. But is this alarm warranted? Even more importantly, is it dangerous?
I've recently talked with several folks in the high-tech industry who informed me that part of the reason large companies have been stocking up on patents lately is because they view them like nuclear weapons -- they're a deterrent.