May Quarterly Meeting - The China Equation
Mark your calendar and make plans to join us as Phil McKay (Patent Chair at Hawley Troxell, Ennis, and Hawley, L.L.P) will be presenting and leading a discussion of the rise of China as the dominant platform, and patent holder, on the global stage and how this is likely to affect the US manufacturing sector. Mr. McKay will also discuss how businesses can prepare for this threat and recent changes in the United States Patent Office procedures designed to make the US patent system more predictable and competitive
Several nations, and China in particular, have sought to exploit the confusion in the U.S. patent law by modifying their patent system to be more software friendly and predictable than the U.S. patent system. This fact has contributed significantly to the fact that the number of patent application filings in China is now five times the number of filings in the United States and estimated to be ten times as many by 2020. This has allowed China to make significant and rapid progress towards their openly stated goal of becoming the dominant global patent leader in software, AI, and general manufacturing, by 2030. This goal, if achieved, will have significant economic and military ramifications.
The need to address the patent-ability of software related patents is made all the more critical by the fast paced advances, and the ever growing prevalence, of Machine Learning (ML), Artificial Intelligence (AI), robotic control systems, inventory and supply tracking systems, and data security systems in the day-to-day lives of much of the world.