This is a great idea for patents, but probably doesn’t work as well for copyright, as the cost of a creator’s time and effort is subjective and hard to prove. Additionally, this gets a little wonky with free or open source products, which are unlikely to be making much (if any) money.
Big businesses already have figures about what a creator’s time and effort is. For small creators there would be some fixed amount, like $200,000 or something, that they’d be entitled do just by creating something. If they claim their expenses were higher than that then they would have to produce receipts.
I have to imagine that a number like $200,000 for writing a book or song is pretty good. Stephen King has written like 65 books. At $200k a pop that is $13 million just from book sales. That’s not including public appearances or speeches and stuff that could also earn money from the fame. That’s rich, but not stupid rich. Mr. King’s net worth now is like $500 million or something.
This is a great idea for patents, but probably doesn’t work as well for copyright, as the cost of a creator’s time and effort is subjective and hard to prove. Additionally, this gets a little wonky with free or open source products, which are unlikely to be making much (if any) money.
Big businesses already have figures about what a creator’s time and effort is. For small creators there would be some fixed amount, like $200,000 or something, that they’d be entitled do just by creating something. If they claim their expenses were higher than that then they would have to produce receipts.
I have to imagine that a number like $200,000 for writing a book or song is pretty good. Stephen King has written like 65 books. At $200k a pop that is $13 million just from book sales. That’s not including public appearances or speeches and stuff that could also earn money from the fame. That’s rich, but not stupid rich. Mr. King’s net worth now is like $500 million or something.