AI reduces costs for defending against patent trolls

[Santosh Ganesh, 5-11-24, Global Council for the Promotion of International Trade director, LinkedIn, “The High Cost of Frivolous Patent Suits: Stifling Innovation or Protecting Rights?,” , accessed: 7-9-24, ES]

Technology-Driven Solutions: AI-powered tools can analyze vast patent databases to identify potentially weak claims asserted by patent trolls. This can empower companies to defend themselves more effectively, according to a 2022 study by IBM, which found that AI-assisted legal research can reduce litigation costs by up to 50%.