I don't have an issue with IP - the problem is that current IP laws are draconian and as you so point out very well, easily exploitable by the powerful.

I'd like to see a modern IP code. Leaving aside how it should be enforced - on Steemit I believe it's working well with a voluntary legal system of sorts (Steemcleaners etc.) but I don't know if this would work in the real world.

Today's fair use laws are actually a pretty good starting place, they just need to be clarified, elaborated and codified for the internet world. Following that, it becomes pretty easy to see what can be copied under fair use, while what is considered theft. There'll always be a thin line, but aside from corner cases, this should be an issue. For example, when someone has spent $10 million, 100 people and 1 year to make a movie and you put it up online, that's obvious theft - easy to see. However, if a creative person adds footage from the same film to make a review, or a remix, or something, fair usage rules can exempt IP protection. I'd even say if someone else makes a film with the same story but a subtly different approach, that should qualify for fair use too, but that's a debate worth having.

Eventually, we can have AI decide precisely how original and worthy of IP protection some material is, when content proliferates nearer the singularity.

And yes, I absolutely think AI generated content should qualify for IP protection.

• Some thoughts from a victim of IP theft.