The Rise of AI Patents: Driving Innovation or Building Barriers?
The Rise of AI Patents: Driving Innovation or Building Barriers? In recent years, the tech industry has experienced an explosion in artificial intelligence (AI)-related patents. Companies and innovators are rushing to protect their AI inventions, which are becoming crucial to innovation in everything from manufacturing to healthcare. But as AI patent filings soar, it raises an important question: are these patents driving innovation, or are they building barriers that limit access to transformative technologies? The Growing Trend of AI Patents AI patent filings have skyrocketed over the last two decades, reflecting the growing role of AI across industries. According to research on U.S. patent data, AI-related patent filings have been steadily rising since the 1990s, with a sharp increase in the 2010s. From 1990 to 2018, the number of patents granted to AI technologies has grown exponentially. This trend isn’t limited to tech giants. While companies like Google, IBM, and Microsoft...