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The major problem with copyright is it's too long. The vast majority of revenue from copyrighted content is made in the first couple of years, and yet we extend copyright 70 years past the author's death! If copyright lasted two years instead, all the problems with it would be much less severe.

Copyright is a monopoly that the government creates on purpose. We need to treat that monopoly power with more respect. We shouldn't be handing out generational monopolies willy-nilly. Copyright is allowed in the Constitution for "limited times" and Congress has ignored that.

" Since 1990, The Walt Disney Company had lobbied for copyright extension. The legislation delayed the entry into the public domain of the earliest Mickey Mouse cartoons, leading detractors to the nickname "The Mickey Mouse Protection Act".

In addition to Disney, California congresswoman Mary Bono (Sonny Bono's widow and Congressional successor), and the estate of composer George Gershwin supported the act. Mary Bono, speaking on the floor of the United States House of Representatives, said:

    Actually, Sonny wanted the term of copyright protection to last forever. I am informed by staff that such a change would violate the Constitution. ... As you know, there is also [then-MPAA president] Jack Valenti's proposal for term to last forever less one day. Perhaps the Committee may look at that next Congress.
"

https://en.wikipedia.org/wiki/Copyright_Term_Extension_Act

Drug patents are much more short-lived and there's arguably more money invested in drug discovery than in, say, writing a fiction novel. IMO copyright should be limited to 20-30 years. Not that LLM labs care anyway.
Copyright isn’t just fiction novels. Copyright drives investment in books, media, software etc.
I know someone in pharma.

They drop insane money up front to do a trial, get approved, and then have low single-digit years to recoup all that investment before the new medication goes off patent a competitor markets a generic that blows up the market and likely isn't as well-tested.

And then, in the extreme case, you might get blown away on the street and have your murderer canonized.

But I guess that AI will fix all these perverse incentives Real Soon Now.

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> Drug patents are much more short-lived

It doesn't make sense to extend drug patent lengths though because often enough, after the release of a compound, it takes just a few years for a new and updated version of it to be researched.

However, the counterpoint can also be made that it should be extended, as the permit process for medical compounds takes years and costs billions, with the short patent lifetime forcing pharma companies to command absurd prices just to recoup the R&D cost.

(IMHO: the system on how we research pharmaceuticals and how we fund it must be drastically reformed. The question is, how do we prevent China and India from just taking our research and copying it for free, it's already bad enough)

Issue of pharma development is not that you need a protection from copycats. You need to pass a mountain of regulations and bureaucracy. Most of the medications are easily copyable but would take years to be able to get to the market.

See insulin prices difference in europe vs US

> It doesn't make sense to extend drug patent lengths though because often enough, after the release of a compound, it takes just a few years for a new and updated version of it to be researched.

I think this is an inversion of cause and effect.

> If copyright lasted two years instead, all the problems with it would be much less severe.

If you spend five years writing a book and then get to sell it for two years, and everyone will just think "I'll get it in two years", you might not like that.

Unless you were paid during those five years
I’m pretty sure they meant the “post death” copyright, considering the context.
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