Artificial Intelligence and the rise of related patent applications. - Steer & Co

#artificialintelligence 

Following the World Intellectual Property Organization (WIPO) report in early 2019, a new report from the UK Intellectual Property Office (UKIPO) now identifies the growth in terms of published AI patent applications. This insight provides an overview of the UKIPO findings and considerations for technology businesses in this space. AI is the use of technology to perform tasks that would usually require some intelligence, if done by humans. A patent is a registered intellectual property right, which seeks to create a monopoly over the exploitation of an invention. Patents historically can take years to process from application, publication to grant.