Question
Artificial intelligence (AI) and machine learning (ML) technologies have the potential to reshape business practices. They could bring transformative changes by enhancing manufacturing processes, identifying
Artificial intelligence (AI) and machine learning (ML) technologies have the potential to reshape business practices. They could bring transformative changes by enhancing manufacturing processes, identifying business flaws, and facilitating predictive analytics. These technologies are particularly powered by semiconductors, which are at the core of the ongoing technological revolution. Semiconductors are integral to a wide range of advanced devices such as automobiles, televisions, appliances, smartphones, and advanced weaponry.
Chang Xie, a computer enthusiast, believes she has a brilliant concept to simplify the intricate semiconductor production processes. Todd, initially doubtful, eventually saw the profit potential in Chang's ideas after discussing them. Following four months of dedicated effort, they jointly presented their concepts to RedTek, a major Canadian tech company. To their astonishment, RedTek expressed interest in funding their startup and advancing their innovation. However, before proceeding, RedTek requires a more comprehensive understanding of their invention. In light of this situation, respond to the subsequent question.
In your opinion, should Chang and Todd patent their valuable information or keep it as trade secrets, and more importantly, why? Can you think of any relevant case law to support your argument (in this context only, you may cite relevant literature or case law from Canada, the US, or Europe)? To answer this question effectively, it might be helpful to consider Google's legal strategy. In this context, Google only patents a limited number of inventions and leaves the rest as trade secrets. Can you think why?
Please provide references
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