If I amass any kind of political power: I'd set copyright for a maximum of 5 years, patents for 10 years, trademarks for 20.
It would kickstart innovation, settle fair use of training data, and protect the internet archive.
On the downside: companies (not artists) would make a bit less rent-style income.
So even the downside is a win, in my book.
The US had to much looser copyright terms until it tried to align with the Berne Convention. So there are minimum copyright terms that the US must comply by. US only joined the Berne Convention in 1989.
https://www.plagiarismtoday.com/2021/05/13/why-did-the-unite...
Why should trademarks expire? If I'm doing business as Bob's Company, and I spend 15 years building up my good name and it's known for doing quality work, why should someone be able to come in and claim that they're also Bob's Company, just because some time has passed?
Mark Twain had a lot to say about copyright. One of his arguments was that if he worked hard and built a business it would help support his children & descendants for, perhaps, generations. But he was an author and creator and felt that all of his hard labor should be able to support his family after his death. iuf Copyright was only 5 or 10 years then when it expires any publisher could print a artists books or recordings or whatnot... suddenly creators lose access to all royalty income and some dirtbag publisher is collecting all of the coin. Copyright might be inconvenient for some but for many others it is essential to making even a modest income.
I don’t see any value in expiring Trademark. What’s the public benefit there?
Five years is a bit too short. Maybe five years automatic and then require renewals up to 25 years. It’d be good to have different terms for different types of things: software should be shorter, films or books should be longer terms.
I think it's absurd that patents are so short lived compared to copyright.
Cool, now work through the impact of 5 year copyright on open source licenses.
Rather than have them be for fixed periods, have the registration fee increase quickly. Want a 5 year copyright? Sure $100 registration. Another 5 years? $1000. Another 5 years? $10,000.
This results in highly profitable media still being in copyright, but basically everything falls out somewhere close to the year 25 1m renewal mark, or soon after.
Also, you have to give a few master copies to the copyright authority, so that it's less likely for the media to become lost.