In this third video for Week 8 of LAW2604 Legal Considerations of AI, big data and blockchain Cathryn takes us through Patents - we'll look at what a patent is, how they are applied for/granted and end by exploring an important case.

00:00 A patent grants exclusive rights to use, sell, and license an invention, preventing others from copying without permission, thus incentivizing innovation.
04:22 How to apply for a patent
09:30 Thaler - what happens when AI is the inventor?
10:51 Courts decided that patent laws assume human inventors; AI inventorship requires legislative change.
15:44 The Thaler / DABUS case highlights the need to adapt intellectual property laws to recognize AI's role in innovation, raising questions about patent law evolution and legislative changes globally.

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