Andrei Iancu, former director of the US Patent Office, discusses the dramatic shift in the patent landscape, where China now leads in patent acquisitions, raising alarm bells for US innovation. He highlights the complex balance between inventors' rights and public access to innovations. The conversation also touches on how congressional inaction is stifling AI progress and the potential impact of new bills. Iancu speculates on future reforms in patent law under political influences, including Trump's potential strategies for strengthening US intellectual property.