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CIA’s new tech recruiting pitch: More patents, more profits
Technology Review ^ | 09 21 2020 | Patrick Howell O'Neill

Posted on 09/21/2020 10:50:23 AM PDT by yesthatjallen

The newest federal lab gives the CIA and its officers the unprecedented ability to make money off inventions that come from within the agency.

America’s most famous spy agency has a major competitor it can’t quite seem to beat: Silicon Valley.

The CIA has long been a place cutting-edge technology is researched, developed, and realized—and it wants to lead in fields like artificial intelligence and biotechnology. However, recruiting and retaining the talent capable of building these tools is a challenge on many levels, especially since a spy agency can’t match Silicon Valley salaries, reputations, and patents.

The agency’s solution is CIA Labs, a new skunkworks that will attempt to recruit and retain technical talent by offering incentives to those who work there. Under the new initiative, announced today, CIA officers will be able for the first time to publicly file patents on the intellectual property they work on—and collect a portion of the the profits. The agency will take the rest of the balance. Dawn Meyerriecks, who heads the agency’s science and technology directorate, says the best-case scenario is that the agency’s research and development could end up paying for itself.

SNIP

(Excerpt) Read more at technologyreview.com ...


TOPICS: News/Current Events
KEYWORDS: cia; cialab; cialabs; patents; security; tech
CIA Lab
1 posted on 09/21/2020 10:50:23 AM PDT by yesthatjallen
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To: yesthatjallen

This is the same way Fauci and Birx are making fortunes working for gov’t!This is a recipe for corruption!


2 posted on 09/21/2020 11:34:31 AM PDT by oil_dude
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To: yesthatjallen

This is ridiculous!


3 posted on 09/21/2020 11:35:36 AM PDT by Chgogal (ALL lives matter. If you disagree with me, YOU are the racist.)
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To: yesthatjallen
Silicon Valley (chicom money) can simply counter this by offering inventors a greater stake of any royalty stream / profits.

In Germany, corporations are required by law to give inventors in their employ compensation for the value of the patents that they create.
4 posted on 09/21/2020 12:11:04 PM PDT by indthkr
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