The Dominance of Software and AI with Ray Millien

The VIP Podcast

Summary

Raymond Millien, General Counsel at Xpansiv, shares his background and career journey in software engineering and intellectual property law. He discusses the importance of valuation in IP and how it can significantly impact a company's bottom line and share price. Millien emphasizes the need for companies, especially startups, to protect their IP through patents, trademarks, and other forms of intellectual property. He also highlights the value of having a strong IP portfolio in attracting investors and potential buyers. Millien predicts that software and AI will continue to dominate the technological landscape and advises focusing on the control and ownership of inventions rather than debating whether AI can be named as an inventor.

Takeaways

Valuation is crucial in intellectual property and can significantly impact a company's bottom line and share price.

Startups and small companies should prioritize protecting their intellectual property through patents, trademarks, and other forms of IP.

A strong IP portfolio can attract investors and potential buyers, increasing a company's valuation.

Software and AI will continue to dominate the technological landscape.

Focus on the control and ownership of inventions rather than debating whether AI can be named as an inventor.

Chapters

00:00 Introduction

00:52 Raymond Millien's Background and Career Journey

04:09 Transition from Private Practice to Industry

07:31 The Importance of Being Proactive in Legal Advice

09:49 Raymond Millien's Role at Volvo and Polestar

11:35 The Value of Intellectual Property at Volvo

21:32 Raymond Millien's Current Role at Xpansiv

26:19 The Impact of IP on Valuation

35:23 The Future of IP and Technology

44:24 The Importance of Filing in the US

48:31 Closing Remarks