Intellectual Ventures Biggest Invention? Getting The Press To Fall For Their PR
from the oh-please dept
Now, I'm all for the idea of bringing together people with a very different perspective to try to come up with unique ways to solve problems, but that's not what Intellectual Ventures actually does. Solving problems is not about invention. It's about innovation. Nearly every great idea for a new invention turned out to be wrong. It was only when the products actually get to market that the creators realize the mistakes and tweak and adjust until the market finally tells them they were right. But that's not what Intellectual Ventures does. At all. Buried in the middle of the article is the random aside that the company has been at this for 10 years and not a single "invention" it's come up with has gone to market. None. Zero. You would think that would be worth unpacking and exploring, but instead, Gizmodo just says "you'd be sorely mistaken if thought IV was merely a "patent holding firm" or "patent foundry," as it's often described."
Why would that be mistaken? The article doesn't say. Instead, the writer just seems wowed by the fact that IV has lots of old scientific equipment. What a shame. It would be nice if someone actually asked Myhrvold and his crew some actual tough questions, rather than fawning over the fact he once dug up dinosaur bones.