Is it time to ditch the current patent system?

Software patents have become increasingly controversial in technology circles, in part because of the rise of what are derisively called "patent trolls," and in part because of the mixed quality of the patents that the U.S. government has granted. Google's public policy director Pablo Chavez thought that the current patent system didn;t incent innovation and the patent wars are not helpful to consumers. What do you think about the current patent system?

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