How might incentives for innovative activities change with the advent of AI as an ‘invention of a method of inventing
The effects of the continuous progress that comes with artificial intelligence on the society and economy is tremendous. This progress comes with vertical and horizontal changes to all existing industries, expanding the present products and services lines and facilitating the emergence of new ones. It also enhances productivity, ensuring job loss and job creation. This innovation is now gradually becoming the source of invention and being refers to here as invention of the method of invention as postulated by Alfred North Whitehead. While there has been argument on the legality of AI having a patent right as seen in the case of DABUS AI, AI is now known to possess the capacity of invention, and there is ned for right policy that will ensure right incentive. If this dynamic is not recognising and continue with the existing approach of human been the source of invention it will not only limit the positive benefits of IMI but maintain the negative implications of retain such approach...